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5 sats \ 0 replies \ @Modus 9 Aug 2022 \ on: Prefer Underground-Bitcoin over Hyperbitcoinization? bitcoin
I am intrigued by the idea that we should be trying to slow hyperbitcoinization down while we get more no-KYC solutions in place. According to this thinking, companies like Swan and Unchained capital are doing harm by onboarding people with KYC so that the government can demand that bitcoiners hand over all their bitcoin, or pay onerous taxes on it.