- Joined
- Aug 6, 2019
- Messages
- 15,086
- Reaction score
- 6,810
- Location
- Bridgeport, CT
- Gender
- Male
- Political Leaning
- Libertarian - Right
They can issue a blanket ban.Here is their website.
Here is what they sent to the Ontario Supreme Court:
View attachment 67375637
It's going to be very interesting to see how the filthy state adapts when mass adoption of crypto occurs.
Hows that gona work?They can issue a blanket ban.
Hows that gona work?
Doubtful they would do that as it becomes more accepted and ingrained worldwide. They'd only be left behind.Government passes a law/issues a decree that says BTC is illegal and punishes people who mine it and trade it.
Doubtful they would do that as it becomes more accepted and ingrained worldwide. They'd only be left behind.
Hows that gona work?
It's going to be very interesting to see how the filthy state adapts when mass adoption of crypto occurs.
Ya know, it didn't even occur to me that Trudeau's stunt could be a boon to cryptocurrency.Here is their website.
Here is what they sent to the Ontario Supreme Court:
View attachment 67375637
It's going to be very interesting to see how the filthy state adapts when mass adoption of crypto occurs.
You truly believe that there will be a mass adoption of crypto? 50k one day, 35k a week later, per coin? No state backing?
The FBI has seized Bitcoin assets. So obviously it can be done.Here is their website.
Here is what they sent to the Ontario Supreme Court:
View attachment 67375637
It's going to be very interesting to see how the filthy state adapts when mass adoption of crypto occurs.
That will get one or two fingers and there is no come back for them-- they will simply become figures of fun and appear ignorant and stupid .They can issue a blanket ban.
That will get one or two fingers and there is no come back for them-- they will simply become figures of fun and appear ignorant and stupid .
Run correctly there are no assets to take .
They rest in the cloud and only the two parties have any knowledge about them.
You truly believe that there will be a mass adoption of crypto?
At most, it'll frustrate law enforcement and provide citizens an easier route to buying quasi-legal stuff ("research chemicals" you're allowed to possess but not use, but you guessed it, people buy to use) or fully legal stuff the government is fighting anyway (kratom). But it also helps genuine big time criminal organizations...
Which isn't necessarily a reason for ordinary users to not ever touch it, but between the instability, the lack of state backing,
and what it's actually better at than traditional currency, it's never going to conquer state-backed. Then again, I look on most of B-L Libertarianism as a counterfactual pipe dream.
Big-L Libertarianism: It'd work if people were awesome, but people suck all the available ass.
lolz to pretty much all the aboveYes. The technology is sound and it works. All of the problems which currently exist with crypto are engineering problems, and they will all be solved over time. Bitcoin is only 13 years old, and the total market cap of crypto is already 2.5 trillion dollars.
Like it or not, states are the biggest of the "big time criminal organizations". You only have a certain amount of time to work during your life in order to provide for yourself and your family, and filthy governments confiscate anywhere from 30 to 50 percent of what people earn, thereby stealing 30 to 50 percent of their working lives. Crypto will allow people to work for each other without the government being able to tax that income. It will allow people to buy and sell items without paying sales taxes. It will prevent governments from taxing people via inflation.
It is extremely important for states to tax you a thousand different ways in order to conceal the true amount you are being robbed.
State backing is worthless. All it means is the government's ability to continue to increase taxes as it devalues its own currency. State backing does not prevent a state from printing as much money as it wants.
A big L libertarian is defined as a member of the Libertarian Party. They are classic liberals, not anarchists.
Yes, people do suck. They are all greedy, self-interested assholes who are only out for themselves. That's why giving a relatively tiny group of them power over everybody else is such a terrible idea.
But wait, it gets worse. Not everyone sucks equally. Wouldn't it be nice if only those who suck the least were attracted to political power?
The probability of the people in power being individuals who... at QuoteTab
From Frank Knight Quotes: The probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with...www.quotetab.com
And an intrinsic value of exactly zero.and the total market cap of crypto is already 2.5 trillion dollars.
And an intrinsic value of exactly zero.
This is as ridiculous as a 1634 tulip bulb speculator asking "what's the value of a paper dollar?". Well, except for the fact that tulip bulbs have residual value.What's the intrinsic value of a paper dollar?
What's the intrinsic value of a paper dollar?
People who hate representative democracy, hate the people that chose their representative government.Here is their website.
Here is what they sent to the Ontario Supreme Court:
View attachment 67375637
It's going to be very interesting to see how the filthy state adapts when mass adoption of crypto occurs.
1. Full faith and credit -
2. It's backed by all of the commercial activity of every American and everyone who contributes to the US GDP.
People who hate representative democracy,
hate the people that chose their representative government.
Government passes a law/issues a decree that says BTC is illegal and punishes people who mine it and trade it.
it can be, but it's generally because people keep or access their BTC wallets on their computer. If you keep it on an external drive, to be accessed online only when you need it, it's pretty much impossible. impractical we'll say.The FBI has seized Bitcoin assets. So obviously it can be done.
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