this post was submitted on 17 Dec 2024
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Asklemmy
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2010: We can have a currency that the government can't manipulate!
2024:...
Does the US government control Bitcoin? Can it create new Bitcoins?
Are bad faith questions asked in bad faith?
People seem to think “bad faith” refers to any kind of rhetorical method other than explicit declaration these days, and that sucks.
they can pump the price by buying it
They can do so for gold as well.
Sure. I think you're missing the point that it was once sold as something the government can't manipulate or trace. It is more traceable than practically any other currency (besides maybe your credit card) and governments are getting involved. Nothing else was sold on the idea bitcoin was sold on.
Gold was sold that way. As a currency that’s more independent of government control.