Why Is The State Letting Bitcoin Succeed?

On the surface, Bitcoin seems poised to take over as the world reserve currency based on the game theory of people converging on the adoption of a single hard and sound currency.

The original cryptocurrency has officially entered into its teenage years following the publication of the white paper on October 31, 2008. Plebs have been stacking bitcoin since the genesis block was mined on January 3, 2009. Both private and public companies have been accumulating it, and even governments have taken the plunge. Looking at the macro picture is certainly exciting from the standpoint of an early adopter. Why Is The State Letting Bitcoin Succeed?


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