20min chapter

TFTC: A Bitcoin Podcast cover image

#568: Building A Way Around Govt Digital ID with John Carvalho

TFTC: A Bitcoin Podcast

CHAPTER

Bitcoin's Black Market Identity

This chapter explores the distinction between white and black markets, positioning Bitcoin as a form of black market money that operates outside governmental control. It examines the implications of Bitcoin's integration into regulated markets, the ongoing governance challenges within the Bitcoin community, and the necessity for rigorous standards in network proposals. The discussion emphasizes the importance of establishing a parallel economy independent of traditional systems, while reflecting on community dynamics and the evolving landscape of digital currency.

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