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84 sats \ 3 replies \ @028559d218 OP 6 Nov \ parent \ on: Be careful what you wish for: Bitcoinization can and will have huge implications bitcoin
private custody =/ institutional custody and etfs etc.
private custody lets you spend it directly... and i completely disagree that folks do not know the difference especially now.
mr trump and co reducing/eliminating capital gains taxes on spending i believe is a real possibility now
Private custody in the form of institutions holding Bitcoin while technically private can easily be differentiated from privately held Bitcoin.
Order 6102 was successful in large part because most of peoples gold was held by institutions which could be relied upon to co operate with the government.
If they remove the CGs on Bitcoin used for MoE I will eat my hat- happily- I do not see it happening but would be very happy to be proved wrong.
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anything is now possible now under Mr trump.
repubs hold the house senate and now white house
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