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News Link • Economy - International

Expect bitcoin to be “banned” – expect the ban to be ignored


Man, by nature, wants to be free. He wants to choose how he lives his life. He wants to choose with whom he will associate. He wants to choose with whom he will trade. He wants to choose how his money is spent. Bitcoin gives him a greater ability to do all of these.

In my previous posts (here, here, here and here) I point out the endearing features of bitcoin and the direct threat of bitcoin to governments and central banks. Because bitcoin has the potential to make these institutions obsolete, expect them to attempt to ban and restrict bitcoin anyway they can.

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