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42 sats \ 9 replies \ @grayruby 31 Jul \ on: The New Bitcoin-Dollar System (Bad News) bitcoin
I understand the position and I am amenable to it but Bitcoin is a free and open network/asset. Expecting the governments and big banks not to use it for their benefit because we don't like them is a bit naïve.
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32 sats \ 4 replies \ @DarthCoin 31 Jul
I will repeat this over and over until people will understand it:
https://i.postimg.cc/XqjKHdcp/Darth-sovereign-logo.gif
Bitcoin and the state are 2 opposite things. Govs / states CANNOT USE/HOLD BTC. It will destroy them in the end.
Bitcoin is not for the weak, only for the brave.
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42 sats \ 3 replies \ @grayruby 31 Jul
How do you propose to ban countries from using Bitcoin?
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31 sats \ 2 replies \ @DarthCoin 31 Jul
simply stop using fiat fiat = debt = how states survive FUCK'EM'ALL if you really want freedom EVERY time you use fiat YOU SUPPORT THE STATE and slavery.
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42 sats \ 1 reply \ @grayruby 31 Jul
Ok that's great. That starves the beast but that doesn't stop the state from using Bitcoin.
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11 sats \ 0 replies \ @DarthCoin 31 Jul
Who will stop the state? YOU! So fucking stop supporting the state, stop supporting fiat system.
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50 sats \ 3 replies \ @Undisciplined OP 31 Jul
That's true. The meat of his point has to do with requiring stable coins to be backed by US Treasuries. That's a step beyond governments simply using the technology.
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42 sats \ 2 replies \ @grayruby 31 Jul
Yes, I get it, but the government is going to do what is in its best interest and preserving demand for USTs is definitely in its best interest.
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50 sats \ 1 reply \ @Undisciplined OP 31 Jul
Also true, but I think it's fair to describe a bill doing this as "bad news".
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42 sats \ 0 replies \ @grayruby 31 Jul
Absolutely, we don't need to cheer them on.
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