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    Author Topic: What happens if the government replaces existing currency with credit-backed Bit  (Read 171 times)

    • tlkchain (OP)
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    January 31, 2018, 02:57:48 AM
     #1
    First, at least for now the government has no reason to support bitcoin.
    Second, how does bitcoin gain government credit support? Who can control the issue of bitcoin, including the government, is the government involved in mining?

  • xugzr272186
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    January 31, 2018, 03:00:20 AM
     #2
    Bitcoin contrasts with gold rather than paper money
    The internal logic is to oppose the central bank to decentralize
    Corresponds to the central bank violence - credit expansion, super-money
    If there is government credit endorsement that bitcoin meaningless
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