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re: Why bitcoin is worse than a Madoff-style Ponzi scheme
Posted on 12/23/21 at 8:10 am to KCRoyalBlue
Posted on 12/23/21 at 8:10 am to KCRoyalBlue
quote:And there's the big misconception. People keep saying this but they never say how. They never complete the sentence. You'll always see vague, undefined references to it but you'll never see a schematic. The gov't CAN'T get involved (other than taxing gains).
And there's the big problem. Government will get involved.
Posted on 12/23/21 at 8:15 am to tigerpawl
quote:
People keep saying this but they never say how.
I mean we're already seeing it.
As of now you have to on-ramp then off-ramp using fiat. And the government is already taking control of those two.
KCRoyalBlue comes off as ignorant though. Even worse, he has his mind made up. Bad combo.
This post was edited on 12/23/21 at 8:17 am
Posted on 12/23/21 at 8:22 am to tigerpawl
quote:
And there's the big misconception. People keep saying this but they never say how. They never complete the sentence. You'll always see vague, undefined references to it but you'll never see a schematic. The gov't CAN'T get involved (other than taxing gains).
FBI confiscates bitcoin
Posted on 12/23/21 at 9:29 am to tigerpawl
quote:Somebody tell the Chinese
The gov't CAN'T get involved (other than taxing gains).
Posted on 12/23/21 at 9:40 am to tigerpawl
quote:
And there's the big misconception. People keep saying this but they never say how. They never complete the sentence. You'll always see vague, undefined references to it but you'll never see a schematic. The gov't CAN'T get involved (other than taxing gains).
Huh? They could make it illegal
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