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RE: What's In Store for 2018

in #bitcoin7 years ago

Idea,

I'll be talking about government intervention with cryptocurrencies at some point, but I honestly don't think the end is going to be the replacement of fiat currencies. I think the end goal is a better Paypal / Square and alternative option for those who want to exist SOMEWHAT outside of the current system. In short though, as long as the government can tax it, they probably won't outlaw it. It's not a real threat to the government - They don't have to make Bitcoin capable of paying taxes, pay down debt, or make it legal tender. Without those things, Bitcoin simply can't replace fiat currencies unless those governments are overthrown entirely. Good luck with that.