Damus
FLASH · 20w
⚡️🇪🇺 ICYMI - European Central Bank President says Bitcoin will not be included in any EU central bank reserves. "Reserves have to be liquid, reserves have to be secure, they have to be safe...
Javed AB profile picture
I have a question, and I would really appreciate getting real answers, not junk.

Like most of you, I love freedom, and it is clear that freedom is closely connected to financial independence. We cannot trust governments, and we know that corrupt politicians keep printing money, which devalues existing fiat currencies. Because of this, Bitcoin seems like a wonderful solution.

Living in Germany, you often hear news about the government taking action against people who own Bitcoin. They might impose heavy taxes or require Bitcoin-related companies to work only with clients who provide personal data. Germany’s past shows that it does not have much moral integrity, and at the moment it is supporting a genocide. So if a state has no moral foundation, can we really trust it in any form?

If leading politicians have no morals, they will not hesitate to increase taxes on Bitcoin ownership to a level that discourages regular people from using it. They could even make it illegal to own Bitcoin.

I highly value Bitcoin and the idea of freedom, but if Germany or other corrupt governments make Bitcoin illegal, do we still have any options to work with it?
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Javed AB · 20w
This question is a real one. I do not think corrupt politicians will hesitate to make Bitcoin illegal. So, living in such a country, what can you do? Sure, you could move away, but if one country starts, others might follow. It is a very tough question. The main goal is to understand what options we...
rewolf · 20w
If one country makes bitcoin illegal, it makes countries where it's legal even more appealing to those who hold bitcoin. And people holding bitcoin are exactly the type of people those countries will welcome as immigrants. The EU will lose value-contributing citizens and will die even faster. If one...