Damus
Gigi · 46w
I pay my coffee in bitcoin every day. Breakfast too, most days. My favorite lunch place doesn't accept bitcoin yet, but that will probably change soon. Nice dinner for two? Pay in bitcoin. No proble...
Evelin profile picture
I have a question (forgive me if it sounds naive.) What would happen if Bitcoin transactions were to be restricted? (For instance, if a government were to consider banning Bitcoin ownership.)
My motivation is about preserving my fundamental right to utilize the value I've legitimately earned as I see fit. But with Bitcoin too
I'm experiencing constant confrontation with KYC and clear identification requirements.
So where is the difference?
Looking at the current developments in the EU, I can't help but feel that Bitcoin's usage is fundamentally at odds with their interests.
A restricted use of Bitcoin - isn't that completely contradicting the Bitcoin philosophy?

What's the underlying purpose of this pervasive financial surveillance of private citizens? Isn't this ultimately about preemptively suppressing potential dissent?

I understand that it's extremely difficult to ban a decentralized system like Bitcoin. And naturally, one could continue to use and manage it independently.
But there’s a gap between online rhetoric and real-world practic.
How many would cave in when the law comes knocking at their door?
❤️1