Receive all Bitcoinist news in Telegram! Is Steemit lying to you about their blockchain? Are Chris and Junseth paid government trolls? Probably, chris derose bitcoin price you’ll have to listen to episode 50 of Bitcoin Uncensored to get the real truth.
Scott fell silent, seemingly at a loss for words. After a few more seconds of silence on Scott’s end, the call ended, and hilarity ensues. Bitcoin community’s character, with some random guy in an interview accusing Chris and Junseth of being paid government shills. Are Chris and Junseth really government trolls? If they are government agents, they’re probably the best ones we could hope for. What do you think about this week’s episode?
Let us know in the comments below! Lithuania’s finance ministry has unveiled new ICO guidelines, continuing its efforts to unite sections of the country’s finance sector and nascent blockchain economy. How to Keep Bitcoins Safe What is an Altcoin? How to Get Bitcoins Is Bitcoin Legal? There are many types of applications that people want to build with blockchain technology but only a minor fraction of these projects have found any use in the real world. While there are plenty of techno-geeks who think it’s cool to play around with various cryptocurrencies and blockchain-related projects, Bitcoin seems to be the only blockchain system that has seen use outside of those who are tech-savvy.
They have to use it because they can’t use fiat. Some areas where Bitcoin is truly needed include online gambling and darknet marketplaces. These sorts of use cases also fuel the view of Bitcoin as a digital gold. When it comes to the situations where Bitcoin is needed, fungibility plays a huge role. Yeah, I think that’s Bitcoin’s main use case there.
Of course, it’s also true that there’s plenty of room for improvement in terms of Bitcoin’s fungibility. New privacy improvements, such as Confidential Transactions, may eventually offer assistance here. Since Bitcoin is mostly needed in situations where fungibility is a must, it isn’t much of a stretch to say that governments essentially subsidize the usefulness of Bitcoin because government-backed restrictions and censorship on financial transactions are a major factor in the need for a fungible bearer ecash. I think that’s pretty much exactly what’s happened. It appears they axed because nobody wanted to go and create anonymous, electronic cash. Does Bitcoin Have Government to Thank for Its Existence?