Why isn’t Bitcoin Banned Everywhere?
INTEL REPORT--When I first heard of Bitcoin, it sounded like something out of a dystopian sci-fi novel. Digital, cryptographic, uncensorable money? It seemed such a radical idea, it couldn’t possibly belong in this decade.
But if it did — if Bitcoin were to go mainstream — I was convinced it would lead to a massive geopolitical disruption, shifting the power relations between governments and their citizens. It would mean investing into Bitcoin would be like funding a revolutionary army. It would be so subversive, only a few crazy people would be willing to do it.
Of course, I was wrong about every part of that.
Grandmothers now own Bitcoin. And with a few notable exceptions (namely China and India), world governments have been surprisingly welcoming toward cryptocurrencies. Bitcoin is legal almost everywhere.