WTF is Bitcoin?! The Cryptocurrency & Blockchain Guide for Dinner Parties

Chapter 8 | Blockchain vs. Government


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Cryptocurrency has legions of fans in the libertarian community, who admire its ability to circumvent government's traditional, regulatory control of financial markets and transactions. This has far-reaching consequences for government tax departments, who must adapt now that the blockchain genie is out of the bottle. It also has the potential to clean up corruption, as it facilitates a more transparent view of governmental finances. How do we adapt to this brave new world?

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WTF is Bitcoin?! The Cryptocurrency & Blockchain Guide for Dinner PartiesBy Maxim Beatty