I see a lot of fear of "Oh no the government is coming for bitcoin what will we dooooo?" type stuff around the bitcoin ecosystem, and honestly, I am sick of it. You either are in it for the revolution or you're not. You either figure out that bitcoin is more important than you or you don't. You figure out if you are here to make the world better or if you are just trying to get more fiat. But honestly, if you are afraid of things like collaborative transactions, or KYC, or whatever, then you need to suck it up and figure out why you are even here to begin with. This is a peaceful revolution, but this is also war. Every sat stacked is a firing of a weapon against the establishment. You may think it's an investment, but you are fighting in a war. If that is scary, then you should give up now and convert your stash back to fiat and don't look back. Leave the revolution to those who understand the cypherpunk mentality.
Yes, dystopia is coming. Yes, they are going to track everything you do. But there is also a growing landscape of freedom tech and tools. Bitcoin completely removes the government monopoly on money. If you don't think they won't see that as an act of rebellion, you're nuts. It always has been, always will be. The question you have to ask yourself is are you a little bitch or are you here to actually fix the world. We don't need more bitches.
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This! Choose wisely to maximize the impact of you mast valuable asset, time! Time via proof of work is what makes Bitcoin so powerful due to the energy expended to create this unique and amazing asset!
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Bitcoin hasn't fulfilled it's destiny until it is completely criminalized.
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Regarding KYC and OPSEC: Bitcoin fixes nothing if we're all in prison and the masses agree we should be. There are two possible ways forward: Very fast education of at least a large minority of the people and/or a majority of the law writing class that bitcoin does not equal crime, or the widespread use of extremely good privacy tools and practices. I believe a failure of both of these is the biggest threat to Bitcoin's future.
And for the "go to El Salvador" solution: It won't be a prosperous place if it's cut off from all international trade, regardless of its internal freedom of BTC usage etc.
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This attitude or GTFO
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Totally agree
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I lost my keys in a boating accident. If the government is coming for your Bitcoin you should consider taking up boating as a hobby.
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What is your anticipated timeframe for all this? Are we there now? Is there another boom-bust cycle? Two?
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I am not a lil bitch but I don’t want to be a martyr either 😆
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what do they call soldiers in a war that are too afraid to risk their personal wellbeing???
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Somebody who is a hammer sees everything as a nail
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Weak hands will get shaken out a long the way.
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Yes, strong hands have been built over this past bear market! Can’t wait for my first halving!
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The crabs in the crab pot always pull on the other crabs to prevent escape.
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