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Todd2134d ago
It amazes me how many people in Bitcoin believe the government is going to pass some “genius act” to help it. Bitcoin does not need permission. It does not need legislation. It does not need approval. Governments do not empower parallel monetary systems. They attempt to control them, regulate them, tax them, slow them, and, if possible, absorb them. Bitcoin was created precisely because centralized authority cannot be trusted with money. Expecting the state to elevate Bitcoin misunderstands its very purpose. They may pass bills. They may host hearings. They may speak the language. But Bitcoin grows because individuals choose it — not because it is granted legitimacy from above. Bitcoin is not reformed into existence. It is adopted into existence. The moment you believe it needs saving by the same system it was built to replace, you’ve missed the point. Bitcoin does not ask. It simply continues.
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