pull down to refresh

Bitcoin and financial stability.
62 sats \ 5 comments \ @alexnikned 5 Mar bitcoin
The threat that bitcoin poses to the world's financial system is controversial among economists and financial experts. One of the main worries is its decentralized nature, freeing it from the control of government agencies and banks.
Bitcoin has also come under scrutiny for potential financial crimes such as money laundering and terrorist financing due to its pseudo-anonymity. These aspects can create security and control challenges for governments.
The potential use of bitcoin for tax evasion is also a concern in various countries, as it may have an impact on the tax base and financial stability of states. What do you think? Does bitcoin really threaten financial stability?
write
preview
related posts
0 sats \ 0 replies \ @riberet19 5 Mar
More than a threat, I see it as a long-term solution to a rotten and dysfunctional system
reply
0 sats \ 2 replies \ @harrr 5 Mar
The threat that bitcoin poses to the world's financial system
The only people who perceive bitcoin as a threat are people who profit from the current system that's built on theft and exploitation.
reply
21 sats \ 1 reply \ @alexnikned OP 5 Mar
Bitcoin is not a panacea for theft and exploitation because bitcoin is not given to the poor for free.
reply
0 sats \ 0 replies \ @harrr 5 Mar
Truisms are true. Nothing is given to anybody for free.
reply
0 sats \ 0 replies \ @SaToSHiWoMaN 5 Mar outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.