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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 by andersBlake
Member since Jul 2021
154 posts
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 by weagle99
Member since Nov 2011
35893 posts
Posted on 9/12/21 at 11:17 am to
What about taxes chief?
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
42704 posts
Posted on 9/12/21 at 11:19 am to
If you really hate the government buy Sushi Swap.
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 9/12/21 at 11:19 am to
I even like the feel of gold.
Posted by andersBlake
Member since Jul 2021
154 posts
Posted on 9/12/21 at 11:21 am to
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 by white perch
the bright, happy side of hell
Member since Apr 2012
7566 posts
Posted on 9/12/21 at 11:22 am to
If you really hate the govt, quit paying taxes.
Posted by andersBlake
Member since Jul 2021
154 posts
Posted on 9/12/21 at 11:24 am to
quote:

If you really hate the govt, quit paying taxes.


This guy gets it
Posted by nola000
Lacombe, LA
Member since Dec 2014
13139 posts
Posted on 9/12/21 at 11:24 am to
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 by AlterEgo89
Member since Sep 2021
135 posts
Posted on 9/12/21 at 11:24 am to
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.

Posted by FahQue
Member since Jul 2020
434 posts
Posted on 9/12/21 at 11:26 am to
quote:

even like the feel of gold.


I even heard his creepy voice
This post was edited on 9/12/21 at 11:27 am
Posted by olemc999
At a blackjack table
Member since Oct 2010
15022 posts
Posted on 9/12/21 at 11:27 am to
Gold backs baw
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135281 posts
Posted on 9/12/21 at 11:27 am to
quote:

The whole point using bitcoin is to decouple from government and not pay taxes
Let us know how that works out for you.
Posted by Buckriggler
Member since Sep 2020
303 posts
Posted on 9/12/21 at 11:28 am to
It's a short matter of time before governments assume control and start regulating the crap out of crypto.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43844 posts
Posted on 9/12/21 at 11:31 am to
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 by andersBlake
Member since Jul 2021
154 posts
Posted on 9/12/21 at 11:33 am to
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 by nola000
Lacombe, LA
Member since Dec 2014
13139 posts
Posted on 9/12/21 at 11:34 am to
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 by andersBlake
Member since Jul 2021
154 posts
Posted on 9/12/21 at 11:37 am to
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 by andersBlake
Member since Jul 2021
154 posts
Posted on 9/12/21 at 11:39 am to
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 by andersBlake
Member since Jul 2021
154 posts
Posted on 9/12/21 at 11:42 am to
quote:

I even like the feel of gold

Gold is cool but if u have alot it gets heavy to carry around
Posted by Buckriggler
Member since Sep 2020
303 posts
Posted on 9/12/21 at 11:43 am to
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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