0 sats \ 0 replies \ @Signal312 OP 4 Jun \ parent \ on: Gold confiscation in Shanghai, 1948 history
Hmm....
I think war. War offers a pretext for anything and everything. Under cover of war, you could demonize bitcoin holders, change the terminology (not self-custodial but "unhosted", things like that), push stories about terrorists and "our enemies" using bitcoin.
Actually I can see things happening in this order -
- propaganda about terrorists, child traffickers using bitcoin
- promotion of chain analysis and how effective it is to prevent the above
- then - you must, at the very least, register your public keys so the government can track your bitcoin and make sure you're not a baddie.
- finally - no more self-custody, only "hosted wallets"
Of course bitcoin is so different from gold, thank goodness. Hopefully the future is a lot brighter.