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0 sats \ 2 replies \ @aljaz 31 Dec 2024 \ on: How is 'Bitcoin the Money' supposed to function in this environment? bitcoin
The governments have no incentive to let you be more free. They have incentive to give you the illusion of letting you do things. There is absolutely no government under the sun that benefits from Bitcoin's true purpose of p2p money. Its only a matter of time before SN itself is marked as a terrorist organization because it facilitated free transfer of sats without rigorous kyc and aml enforcement and tax reporting.
But it doesn't have to be this way.
I like Stacker News. There are good people here.
What is the solution then - what do you mean 'it doesn't have to be this way'?
Isn't Stacker giving up 'custodial control' of sats or whatever-the-**** it's called? That will protect them right?
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Protect them from what? Current piece of paper and its interpretation that the latest round of cunts that we somehow willingly submit ourselves in their slavery says is the law?
Any company exists purely because someone allowed it to. Permission can always be taken away. Hopefully SN has a long and thriving future, but thinking that it is safe from the always overreaching ambitions of state is an illusion. Paper doesn't protect against violence.
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