364 sats \ 1 reply \ @jk_14 7 May 2023 \ on: Are Capital Controls in the US a Real Threat? bitcoin
An old guy can serve convenient quote for almost every situation:
"There is no cruelty or wickedness that an otherwise benign and liberal government would not commit when it ran out of money." (Alexis de Tocqueville)
That's the only correct answer to your question ;))
No doubt. I just think it might not be in their own best interest to go there yet, since they need to try to preserve some semblence of credibility. "Global reserve asset" is all they have left.
reply