Quote Originally Posted by shadow View Post
So it's all in the air? Paano ko mahahawakan yan pera?

Kung walang Central Authority mag bantay eh di It's all based on trust?


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yes bitcoin exists only in cyberspace

bitcoin was created precisely coz of distrust towards central authority

governments can freeze bank accounts

governments can limit how much money you can move out of the country

central banks can devalue currencies

since no single authority has control of bitcoin, it is out of reach of governments and central banks