Davido Davido
1 min readJun 2

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Alberto, it helps no one to continue printing nonsense like this. The fact that no govt has yet attempted to control bitcoin, does not support the idea that they cannot. The few that have issued bans, were not trying to kill or contol the network. Nothing created by man is indestructible , including Bitcoin. https://medium.com/what-government-will-do-with-bitcoin/the-bitcoin-network-is-so-big-there-is-not-enough-hash-power-in-the-world-to-successfully-attack-c69af62c629b

However, governments are now making plans to deal with cryptocurrencies as discussed in the restrict act. https://www.congress.gov/bill/118th-congress/senate-bill/686/text?s=1&r=15

Bitcoin is quite likely to come under full govt. control during this decade via cooperative government regulation of corporate mining. Regulation will cost the government very little and will result in complete control of the main Bitcoin blockchain. https://medium.com/@davido-davido/how-regulation-of-bitcoin-mining-by-western-governments-will-castrate-bitcoin-f2dd460ad9a3

Bitcoiners and other advocates of monetary freedom will use substitutes, create forks and new coins & protocols. But we will be labeled criminals, hunted and imprisoned. Restrict act carries 20 year sentences and $1,000,000 fines.

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Davido Davido

Voluntarist, Agorist, not Pacifist. Don’t Tread on Anyone. Rely on Hard Assets, Hard Principles, and Hard People