“Bitcoin threatens both the financial elite’s monopoly over the economy and the online web of payment systems which have been used as a tool to crack down on free speech on the Internet, Amir Taaki, a bitcoin software developer, told RT. The US government has never hidden the fact that it is closely watching the virtual currency, which international regulators have thus far failed to keep a lid on. But while banks and governments have treated the Bitcoin payment system as an ‘existential threat’ to current financial system, Taaki argues that the virtual currency epitomizes real free trade and is a necessary tool to maximize the benefits of a free and open market.”
