Episode 188: Crypto Coercion
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The Federal Government's Cryptocurrency Initiative
I was both surprised and disturbed it was several months ago one of the major politicians said something about the federal government starting its own cryptocurrency. I think there's two ways that this can play out so one is which cryptocurrencies wonderful for everybody and we can all say come by onto the world of free trade ever after. The other is 1984 dystopian nightmare which the government issues of cryptocurrency and it can track every single person's transaction for everything and if you're doing anything they don't like it all they can know exactly who did it and come after you directly. But I'm very optimistic that the first scenario it's going to be the one that takes place.
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