A circular bitcoin economy isn’t ideological, it’s practical.
When value moves peer-to-peer, more value stays in the community and communities strengthen and intermediaries lose power.
That’s no...
And it still does. Ever sell items beyond government oversight? Something off a used marketplace? Cash to a contractor "under the table"? Pizza and beers to friends helping you move? Cigarettes to "Big Lou" for protection in the pen? V4V takes many forms.
The intermediary you want rid of is govt and banks. Or at least a massive reduction in the cooperative ponzi they run.
The intermediary you want rid of is govt and banks. Or at least a massive reduction in the cooperative ponzi they run.