Sorry, but this looks like a completely uneducated opinion.
There were many attempts to create virtual money which cannot be shit down, and all of them dated before Bitcoin failed due to government intervention. Bitcoin solved that, and the simplest solution was the wasteful proof of work.
Of course, when someone is using the same principle for something centrally controlled, which can be done by a database, that is a different story.
There were many attempts to create virtual money which cannot be shit down, and all of them dated before Bitcoin failed due to government intervention. Bitcoin solved that, and the simplest solution was the wasteful proof of work.
Of course, when someone is using the same principle for something centrally controlled, which can be done by a database, that is a different story.