Started By
Message

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?

Posted on 2/12/21 at 7:34 am to
Posted by Dawgfanman
Member since Jun 2015
22874 posts
Posted on 2/12/21 at 7:34 am to
quote:

For governments to begin censoring cryptocurrencies is an outright power grab. It's an open admission by the state that it will force its own will upon its people.


Isn’t that how we’ve been moving recently? If they can tell you when/where/how you can get a haircut, worship your chosen god, or what you can say to others..is it hard to comprehend them attempting to control/ban/tax/regulate crypto currencies?

You already see this desire and it’s “justification” being floated by various politicians. They talk of its use for illicit transactions, it’s speculative nature, the need to ensure people are “protected”...this is them laying the groundwork.
Posted by Dawgfanman
Member since Jun 2015
22874 posts
Posted on 2/12/21 at 7:42 am to
CNBC just showing Miami mayor discussing taking bitcoin as payment, for taxes and such.

Won’t this require that the value be more stable? Who would decide what that value might be?
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 2/12/21 at 7:44 am to
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."

H. L. Mencken


Government left unchecked will only attempt to increase its power. Cryptocurrencies represent a long term existential threat to government power.

Once you see it you can't unsee it.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram