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I think they do understand Bitcoin - that's why they're throwing everything against it & pushing CBDCs.

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I think cbdcs have always been here they always had the power to freez, limit and debase your money from the bank before 2008 money was already digital. By understanding I mean technology wise and the scarecity of Bitcoin

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It's metaphysically impossible for the state to understand anything well enough to manage it, so I'd rather they stay as dumb as possible.

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Lol ok thanks

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Not dumb. The state totally understands it. They started to understand it as soon as they understood they can tax it 😅

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They can only "tax" it by threatening you to comply. Otherwise, they have no power.

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