Keeping with the fear that the Feds are coming after us for mixing & self-custodying our bitcoin I was hit with an epiphany or better yet forewarned with revelation.
We're thinking about KYC & the end game all wrong.
The Fed will attempt CBDCs but seeing the negative response will scrap the idea to show that they "hear their constituency." Then boom execute order 66.
The government will suddenly be pro-bitcoin & encourage citizens to use it. They will be so pro that they will create their own wallet that has taken all the learning curve away. See how convenient bitcoin is.
Now instead of a social security number a wallet address will be tied to your name. Any UTXOs sent can be tracked unless you mix them (which will be a crime) allowing complete surveillance but on the outside showing forward thinking. Make the plebs think they've won.
I know that all you crazy orange pilled motherfuckers wont fall for the scam but be warned this is KYC bitcoins final form.
Stay vigilant, stay sovereign, stay free my friends & beware Feds bearing bitcoin
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0 sats \ 0 replies \ @td 2 Nov 2023
The panopticon
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0 sats \ 0 replies \ @TheBTCManual 2 Nov 2023
yeah I am with you the problem is real, I'm only thankful I live in a country where the government is completely incompetent so rolling out anything like this will be tough, so I guess that the benefit of being in a banana republic
I think that whats also a worry with these KYC lists is that they are corruptable, managed by people and can be changed, there can be back hand deals to taint certain coins and clear others, the rules are arbitrary and will be enforced by the powers that be or those with the biggest bank roll
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