Part 13/19:
There’s a growing perception that politicians may eventually prefer Bitcoin as a way to receive bribes—“the best way to receive a bribe is in Bitcoin and not cash,” perhaps inadvertently aligning elected officials’ incentives with industry growth. The debate touches on how a “free banking system based on Bitcoin” could emerge, reminiscent of historical rapid currency issuance by banks, but with the added transparency and trust of cryptography and multi-signature custody.