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70 sats \ 2 replies \ @Jon_Hodl 5 Nov \ on: Will bitcoin be banned? bitcoin
Anyone who's read the Sovereign Individual knows that you cannot escape the flight of capital and as we gain individual power with bitcoin, passphrases, and multisig, it's only a matter of time before those dinosaurs collapse.
Good riddance.
Bold talk but ask your self
-How many hodlers hold Bitcoin without having been KYCed?
-How much of the entire market cap is now held by institutional custodians?
-Do you really believe the most powerful state backed monopoly on the planet- one that sustains the US model of hegemony will surrender to a protocol that they can engineer a ban on private custody over?
-Was E.O. 6102 in breach of the US constitution? If so that did not stop them from imposing it.
-How many hodlers would hold out against an offer of acquisition combined with a ban on private custody that would decimate the value and liquidity of their stack?
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"sorry I lost my lightning node in a boating accident"
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