Damus
L0la L33tz profile picture
L0la L33tz
@L0laL33tz
Hate to be the one to shit on the Parade, but a Strategic Bitcoin Reserve *will* be built through confiscation and taxation.

Here's Senator Cynthia Lummis already hard at work to make it happen:

Cynthia Lummis teamed up with Elizabeth Warren to propose the regulation of Bitcoin under anti-money laundering and counter-terrorist financing laws to "combat anonymous crypto asset transactions".

Cynthia Lummis also re-introduced the Responsible Financial Innovation Act "inspired by Senator Warren", which introduces higher penalties for "crypto asset crimes", regulates "mixers and tumblers", and increases KYC requirements.

For the amount of time Bitcoiners have claimed to be of peculiar intelligence, you are all getting played *incredibly* hard right now.

10020❤️49🤙10👀52❤️2👍2
Eric FJ 🪬⚡️ · 71w
If they ever signal they are buying and printing, then Americans/ROW lose confidence in the dollar and front run them. Frankly, probably worse outcomes from the insanity that would cause overall. While it’s upsetting to see so plainly, I don’t see how else they’d achieve this. Did we really ev...
Deleted Account · 71w
Bring it on I pray this happens So bitcoin can crash And I can load the fucking boat up The money is still hard They can finesse the people all they want who gives 300 fucks The money is still hard The supply is still finite 1+1 = 2 No matter how you feel about it Please let this happen ...
Chad Lupkes · 71w
I think the Reserve is the worst thing that the government could do, both for Bitcon and for the country/world.
Genghis KHmmm · 71w
He is correct
Mark · 71w
So who’s going to fund a counter argument and show up to Bitcoin conferences to push back?
/√\î¢h&|3 ∆ëglï Ü3ę®tį · 71w
Bitcoin is first and foremost a technology, therefore a tool. Then it's up to who use this tool and for what. If there's a government in the equation it has always been a choice between two statist 'evils': fight (ban) it or co-opt (regulate) it. That said from a technological soft-determinism pers...
fiatjaf · 71w
nostr:nevent1qqsdu5y08h4ghgnstmp4hn4jzva6lefy636wslez0hj372dmjwnhxxqprdmhxue69uhhyetvv9ujuam9wd6x2unwvf6xxtnrdakj7zp6pfs
Wisdomanes · 71w
https://rumble.com/v5mj2f2-why-the-irs-cannot-simply-steal-your-stuff-if-you-know-how-challenge-them.html I recommend watching this video and others in Peymon's Playlist. Follow the law, assert your rights, stop giving tribute to the Isidious Representors of Satan [IRS].
CitizenPedro · 71w
For me personally mainstream adoption of Bitcoin is more about offering a better currency to the billions of people without that opportunity than completely destroying the current system. Bitcoin is a better currency. It will bring more transparency to everyone. Governments included. I think a lot...
tuco · 71w
https://m.primal.net/Lxqb.jpg