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Tuesday, October 10, 2017

Bitcoin Frightens Governments: John McAfee

Bitcoin Frightens Governments: John McAfee

Cyber security expert and Bitcoin backer John McAfee says the only fear that Bitcoin users can have is that governments will act on their own self-involved fear.

The technology pioneer says the only hurdle to Bitcoin is governments trying to stop it, even though they cannot succeed at doing so.

Because of Bitcoin’s disruptive nature, it has captured the imagination of the Internet community, and it has flexed its muscle with that support. This has led to governments reacting, but it is a reaction of fear.

Cryptocurrencies were created to solve the problems that plague banking, and as such they are looking to cut out the middleman, which is banks and government regulators.


Full story at http://bit.ly/2kDPbr6


Source: CoinTelegraph


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