Home Forums Bitcoin and Energy Can Governments Stop Bitcoin? Reply To: Can Governments Stop Bitcoin?

  • Benjamin

    Member
    May 25, 2021 at 20:17

    There’s a quote often attributed to the Rothschilds: “Permit me to issue and control the money of a nation, and I care not who makes its laws!”

    Bitcoin, as it is not issued or controlled by any central agency represents a very real threat to the control that bankers have on the world. The more Bitcoin that banks own, the more I’m concerned with what happens when enough banks (who can create almost as much money as they want) buy enough bitcoin to threaten the decentralized nature of the network.

    Also, almost 90% of all the bitcoin that will ever be mined has already been mined, so that would represent a very small concern if the government ever truly tried to seize the current supply.