pull down to refresh
0 sats \ 1 reply \ @Solomonsatoshi 6h \ parent \ on: IMF and El Salvador bitcoin
Bitcoin used as SoV without any substantial use as MoE makes Bitcoin easy to capture and control- it also creates the perfect conditions for an Order 6102฿.
And Bitcoin being defined as and used as a speculative commodity SoV is precisely what is happening due to the tax rules obstruction of use as a MoE.
Many Bitcoiners including you seem unaware of the capture and control of Bitcoin that is underway and increasingly advanced...blinded by price gain greed?
Are you perhaps into Monero or, by your tone I would guess BCH?
6102 may be a real threat; it's really hard to say. I'm not worried so much about direct confiscation, as it would be entirely the obligation of the government to prove that you own (and control) any. It could however be made much more illegal to accept it or transact generally.
The common argument, among others, is that this would put the United States at a disadvantage as other countries would shift to using it and de-dollarize.
I don't think you'll find a lot of NGU peeps here. The range is pretty much libertarian to anarchist, or at least those are the outspoken ones. I think most people here want to own Bitcoin, own assets, or spend Bitcoin to get assets.
reply