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re: When to buy BTC?
Posted on 11/9/22 at 3:19 pm to TigerTatorTots
Posted on 11/9/22 at 3:19 pm to TigerTatorTots
quote:
Why do you say Crypto when the thread is about Bitcoin?
Does anything in his post change if he specified BTC? Legit asking.
Posted on 11/9/22 at 3:26 pm to Drunken Crawfish
quote:Yes, not all change but the following:
Does anything in his post change if he specified BTC? Legit asking.
quote:If you acquire non KYC bitcoin, it does provide a layer of anonymity. But even moreso, holding your own bitcoin keys (aka not being a damn ratard given what has happened with CEXs), there is literally no way for government to seize it without showing up at your door with a hammer and breaking your legs.
Bitcoin doesn't provide anonymity or protection against government seizure.
quote:This depends on how you define hard money. Bitcoin is backed and secured by the largest decentralized network in the world and cannot be devalued, duplicated, or altered without consensus.
Bitcoin isn't "hard money".
quote:It is currently accepted by thousands of merchants and millions of people on the planet. No it is not going to be the main form of currency for everyone.
Bitcoin isn't going to be used as a currency.
quote:Bitcoin has no governing body, it has not circumvented anything. It is not a security per the SEC chairman.
Bitcoin attempted to circumvent the financial regulations, like Uber or Airbnb,that have come to exist for a reason over the past century.
ETA: Crypto on the other hand, I would agree with most of his statements. There is a difference between the two
This post was edited on 11/9/22 at 3:31 pm
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