Sunday, 1 October 2017

If Bitcoin needs the State to protect it, then Bitcoin is a failure. Stop running to the Govt to Protect it, it's Pathetic.

Whenever I see tweets like this one.

"If 2X proponents try to take the BTC ticker, they will get sued to oblivion. If not, 2X needs replay protection to be listed in exchanges."

Or like this...

"We don't have case law on this subject, but seems to be a prima facie case of common law fraud if an exchange sells s2xcoins as bitcoins."

Or like this....

"From Japan to New York to San Francisco, all Bitcoin companies and investors have an interest in reporting BTC1/Garzick to the authorities."

I just nod my head in disapproval. It just shows you who really believes Bitcoin can make us truly sovereign individuals and who are just in it for the money. They are just like the Wall Street bankers that want the Central Bank to do whatever it needs to in order to protect their FIAT investment.

All you need to do in order to protect Bitcoin is to run a node. Users need to just validate blocks. It won't do the exchange any good to list a coin that is not validated by the users. It won't do the exchanges any good to list a coin nobody wants to buy and invest in.

Stop running to the State to tattletale on somebody just running different software. That's their choice. That's the free market. You either believe in free choice, free markets, and Bitcoin or you don't. If you buy Bitcoin and expect the State to protect you, you're no better than the corrupt bankers expecting a bail out.



Submitted October 01, 2017 at 09:33PM by ChuckSRQ http://bit.ly/2x7ut3S

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