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If u don't like the government start using and investing in Bitcoin or other cryptos
Posted on 9/12/21 at 11:14 am
Posted on 9/12/21 at 11:14 am
Decouple yourself from government by not using it's money, and pressure your local government and business leaders to make Bitcoin and other cryptos accepted or payed out there
Posted on 9/12/21 at 11:17 am to andersBlake
What about taxes chief?
Posted on 9/12/21 at 11:19 am to andersBlake
If you really hate the government buy Sushi Swap.
Posted on 9/12/21 at 11:19 am to andersBlake
I even like the feel of gold.
Posted on 9/12/21 at 11:21 am to weagle99
quote:
What about taxes chief?
What about them? The whole point using bitcoin is to decouple from government and not pay taxes to president that called you a bitch to your face
Posted on 9/12/21 at 11:22 am to andersBlake
If you really hate the govt, quit paying taxes.
Posted on 9/12/21 at 11:24 am to white perch
quote:
If you really hate the govt, quit paying taxes.
This guy gets it
Posted on 9/12/21 at 11:24 am to andersBlake
The problem is, digital currency can still be controlled and manipulated. Ultimately they're just ones and zeros on a computer screen. It's the Dominion Voting Systems of monetary exchange mediums. The best money is still cash. Physical money. Even if it's fiat like USD. You can't seize my Benjamin's without prying them out of my cold dead hands. In person. Tangibly.
This post was edited on 9/12/21 at 11:26 am
Posted on 9/12/21 at 11:24 am to andersBlake
Honestly, don't do this.
I don't care what political side of the aisle you're on. Bitcoin/crypto are unregulated speculative assets, not something that can replace currency. Anyone crazy enough to 'decouple' themselves from the government by putting their assets into crypto is in a world of pain. Quite frankly, it will do nothing as well if you start using crypto for everything because most people will not adopt it.
The US dollar is backed by the federal government and whether you like it or not, the US government is currently the most powerful government on the planet. Bitcoin, on the other hand, has no backing and is entirely speculative.
I don't care what political side of the aisle you're on. Bitcoin/crypto are unregulated speculative assets, not something that can replace currency. Anyone crazy enough to 'decouple' themselves from the government by putting their assets into crypto is in a world of pain. Quite frankly, it will do nothing as well if you start using crypto for everything because most people will not adopt it.
The US dollar is backed by the federal government and whether you like it or not, the US government is currently the most powerful government on the planet. Bitcoin, on the other hand, has no backing and is entirely speculative.
Posted on 9/12/21 at 11:26 am to PiscesTiger
quote:
even like the feel of gold.
This post was edited on 9/12/21 at 11:27 am
Posted on 9/12/21 at 11:27 am to andersBlake
quote:Let us know how that works out for you.
The whole point using bitcoin is to decouple from government and not pay taxes
Posted on 9/12/21 at 11:28 am to andersBlake
It's a short matter of time before governments assume control and start regulating the crap out of crypto.
Posted on 9/12/21 at 11:31 am to white perch
quote:
If you really hate the govt, quit paying taxes.
This doesn’t work. An IRS employee with the power of the local law enforcement shows up at your house and directs you to pay them or they take all your shite and put you in jail.
ETA: You can use crypto outside of sales taxes and hide transactions from the gov’t. I highly encourage this, but I don’t see how the gov’t doesn’t crush this somehow.
This post was edited on 9/12/21 at 11:33 am
Posted on 9/12/21 at 11:33 am to nola000
quote:
The problem is, digital currency can still be controlled and manipulated. Ultimately they're just ones and zeros on a computer screen
And the us dollar can't be, what do u think the fed does when it prints money
quote:
The best money is still cash. Physical money. Even if it's fiat like USD. You can't seize my Benjamin's without prying them out of my cold dead hands
But they can make them worthless by printing a shite ton of it.
The only reason the dollar is worth anything right now is because most countries buy oil in the dollar, china and Russia are actively trying to change that
Posted on 9/12/21 at 11:34 am to andersBlake
I don't disagree with you at all on the macro level and it's why I invest in hard assets instead of holding on to cash. But I was speaking only at the individual level. If you were targeted by law enforcement, some Corporation or your bank, they could wreck you with a push of a button on a computer. If you deal only in cash they would have to overcome the first and large hurdle of actually knowing you have it then they have to overcome the huge hurdle of actually physically removing it from you, assuming they can even find it.
This post was edited on 9/12/21 at 11:36 am
Posted on 9/12/21 at 11:37 am to Buckriggler
quote:
It's a short matter of time before governments assume control and start regulating the crap out of crypto.
The whole point of decoupling is to have a government that won't do this
Posted on 9/12/21 at 11:39 am to Aubie Spr96
quote:
This doesn’t work. An IRS employee with the power of the local law enforcement shows up at your house and directs you to pay them or they take all your shite and put you in jail.
The whole point of decoupling is to have a local government that won't allow them to do this
Posted on 9/12/21 at 11:42 am to PiscesTiger
quote:
I even like the feel of gold
Gold is cool but if u have alot it gets heavy to carry around
Posted on 9/12/21 at 11:43 am to andersBlake
You are assuming that governments can't and won't take over crypto. I'm sorry, but I just don't see that not happening.
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