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0 sats \ 0 replies \ @jgbtc 2h \ on: Trumps inauguration speech is utterly incoherent Politics_And_Law
You have a fun four years ahead of you.
I've been fascinated by what lengths people are willing to go to use better money since reading this article.
It's incredible that even with severe criminal penalties people will still take such risks. The doubters who still think a government ban will kill bitcoin do not know this part of history.
It's incredible that people missed the opportunity of a lifetime because they listened to Bloomberg (and other msm) and yet they still listen to them. How screwed do they have to get before they look for better sources of information?
If Strike thinks complying with this will get regulators off its back they will be disappointed. When this does absolutely nothing to stop bitcoin adoption they will keep turning the screw until they ban self custody completely or shut down Strike and similar companies. Compliance never works for long.
If environmentalists hate oil so much, you think they'd be more enthusiastic about the replacement for the petrodollar.
This is disturbing but I wonder how many months a year I spent watching TV growing up in the 80s and 90s. Would not be surprised if it was comparable.
Actually, just did the math and it's about 5 hours a day. I definitely didn't watch that much TV.
The vast majority of toxicity from Bitcoin maxis is a direct response to the worst anti-bitcoin, nocoiner, fiat maxi types. People who constantly repeat the weakest arguments and FUD against bitcoin. I have never witnessed first hand a toxic response to a curious open minded person asking honest questions.
The two things people seem to get stuck on most are "no intrinsic value" and "not backed by anything".
If I recall correctly, Noah was mocked and laughed at for building the ark. A lot of similarities with that story.
The only reason they aren't eating dirt in China is because of free market reforms. Communism equals slavery so of course they have a productive manufacturing economy with so many slaves to work in the factories. But they allow just enough free market activity so the whole evil system doesn't collapse like the house of cards it is. It will collapse though because central planning always fails.
Good point. But I'm talking specifically about the challenges in accumulating bitcoin, not spending. Is usage in spending bitcoin widespread in El Salvador? I didn't realize that.
I agree 100%. Central planning always fails. Only bottom up, organic adoption will have any success.