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The prediction of Bitcoin in 1997 from the book "The Sovereign Individual"
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There should be a cybermoney (cryptocurrency) political party then ? ?
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Here's what happens when a gov't TRIES (because you can't actually) to ban Bitcoin. It trades at a significant premium... Nigeria Crypto Ban: Bitcoin Sells for $76,000 as Deposits on Centralized Exchanges Plummet https://news.bitcoin.com/nigeria-cry...anges-plummet/ |
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This article fails to address the fact that money, any kind of money, leaves a trail. Whether a government uses fiat or crypto, one or the other will always be the coin of the realm. Any transaction requires a minimum of two entities. To defraud requires two crooks which is about right and nothing new. But any other transaction with two individuals where one is legit and the other is not, will not bode well for the illegitimate one if the government comes sniffing around at tax time. So there will be as much control over crypto as there is fiat. They won't be coming after me just yet, but they will, they always do.
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The way Elon Musk and Jack Dorsey push bitcoin, They don't have the right to talk to us about energy conservation ever again.
https://i.imgur.com/tIm9wKk.jpg |
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Highly recommend you learn about Bitcoin and green energy, especially from Nic Carter https://www.coindesk.com/the-last-wo...gy-consumption Elon said years ago he likes Bitcoin but couldn't support BTC bcos of it's energy consumption, he obviously learned a lot in the last few years. :thumbsup |
Aren't the poor the only victims of inflation anyway?
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