No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
Considering the varying patchwork of today’s global regulatory landscape regarding cryptocurrency, Bitcoin’s greatest ally will not be a judge but technological innovation that will enable it to be one step ahead of anti-competitive laws and unfriendly jurisdictions.
Indeed, Bitcoin is yearning for adoption, but that is not coming easy or fast enough for some. The majority of world’s citizenry still has no idea of the opportunities the technology can offer. While the Bitcoin ecosystem is ready to move forward and change this situation, unclear and unfriendly legal environments seem to hold it back. It’s the first example of a growing category of money known as cryptocurrency