The governments of the world will use Bitcoin for their benefit, they can keep it as a reserve, they can make transactions but they will not recognize it because if they recognize it, the people will consolidate financial power and challenge the power against the government,
because the current control of the money of any country is the real power of the state and the government knows it very well if it is recognized, a great revolution in the money power of the people will happen.
So while most of the government has power, it buys and saves it secretly and when it loses power, it uses it silently but does not recognize it.
Some of us here have only heard of what democracy is but has never known what it actually feels like because if the governance we found ourselves in. So to some extent relating bitcoin to Democracy comes with soo much contradictions.
First, the real democracy I heard about is still under the government, while you have your own rights as a citizen, who made those rules? Definitely the government, and when the rules broken, you still fall to legal consequences. Though this was not what I was born to experience, but both the real democracy and the defiled one, none of them replicates the concept of bitcoin.
Youd have gotten it right by spotting a specific area similar to bitcoin, pointing a democratic experience we enjoy with bitcoin as denied by the government.
And incase you dont know, they recognize it more than youll ever imagine. U just need to be aware.
