Bitcoin Is Independent And Accountable

A pure transaction generates happiness at both the ends. Only such a transaction holds actual purity of its being, which occurs without any pressures involved. It is what makes it independent and accountable. Bitcoin universally ascertains all that.

Bitcoin is not only independent but is accountable also. That is exactly where Richard Stallman has reservation about it and Bill Gates acknowledges it as the code of future, “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and of course for large transactions currency can get pretty inconvenient. The customers we’re talking about aren’t trying to be anonymous. You know they’re willing to be known so the Bitcoin technology is key and you could add to it or you could build a similar technology where there’s enough attribution that people feel comfortable this is nothing to do with terrorism or any type of money laundering.”

Bitcoin is actually building the economics beyond the reach of all the political economies. Governments need following an updated literacy course through the internet age. Bill Gates has categorically remarked that in the future, financial transactions will eventually be digital, universal and almost free.

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