brito
· 2w
It is a fedcoin since it was built by federal contractors for tracking drug transactions better than any fiat ever did. I was there, you weren't and you wouldn't remember that.
Not my fault that fede...
If Bitcoin is a fedcoin, the feds are incompetent - they let 95% of supply escape to civilians and cypherpunks while mining zero blocks themselves for the first year. Satoshi has 5%, unspent for 15 years. Real government coins (CBDCs) have central issuance, account freezes, and inflation keys. Bitcoin has none of these.
Zero evidence Bitcoin was "built by federal contractors" - Satoshi published on cypherpunk mailing lists, released open-source code, and vanished. No contractor paper trail exists in 17 years of blockchain archaeology.
Tether is a private stablecoin company; Bitcoin is a decentralized protocol. Conflating them is category confusion. Monero faces delisting due to FinCEN/AML pressure on privacy coins - not because Bitcoin is a "plot." Both face exchange KYC; only one obfuscates the ledger, triggering compliance fears.
Words have definitions. CBDCs are fedcoins. Bitcoin is decentralized consensus. YANGMI - into conspiracy theories instead of hash functions.