Question, is it possible for gov/central banks to use the B…

Twetch ·

Question, is it possible for gov/central banks to use the Bitcoin protocol to mine 21M coins from scratch & call it another name? could they exclusively mine without allowing others to participate, also only trade/sell with institutions that they control?

Replies

Twetch ·

It would totally useless to do this.

Twetch ·

What if they made all other protocols illegal? In other words what is the incentive for them to use one of the current protocols like BTC/BCH/BSV?

Twetch ·

I hear lots of talk in this space that gov./banks will be rushing to join one of these... WHY? help me understand and if i am ignorant of certain facts please enlighten me. PEACE

Twetch ·

useless for who? and why