Damus
ODELL profile picture
ODELL
@ODELL
the entire point of bitcoin is a system that obsoletes corrupt regulators

it does not matter what gensler thinks about bitcoin, what matters is he cannot stop it even if he wanted
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Alfred Hodler · 164w
He can't stop it but he can put you in prison if he outlaws it and finds that you're using it. This is why we need a politically decentralized world so that freedom can always find a save haven from corrupt empires.
Bibstra · 164w
True, but he does have the power to delay things drastically.
Fiat Shenanigans 🤡🌎 · 164w
https://nostr.build/i/nostr.build_7303870e3b11b8bc66a1f6910b329aa0d416f2cd89ff5ea0870d94251fe09799.png They can't stop the signal! ⚡
🌿☁️ · 164w
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Marcel · 164w
Correct, but isn't it for the Overton Window? Of course, his statement does not affect the fundamentals of Bitcoin, but it is better that way than to put obstacles in the way of its development.
MatCo · 164w
That’s true, though it’s kinda nice to hear what he thinks about shitcoins, especially as with those he can stop if he wanted to
Rolo ⚡️ · 164w
The only property right fully independent of government.
nostrich · 164w
I’m a bit confused - hypothetically if USA was to banned bitcoin, that would just mean it would be off exchanges right? Where would I be able to go and obtain it if that were the case? Maybe purchase goods of value and sell to a bitcoiner ? Sorry for my ignorance.
JRN vds · 164w
👌🏻
nostrich · 164w
Then why are you people constantly begging regulators to adopt and approve of Bitcoin while also asking for all your competition to be banned? You should try Monero instead, it's actually decentralized.
Kizami · 164w
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OptOut · 164w
Dude, Lionel has to be a spook right? To be right there on the doorstep and own no #Bitcoin, barely distinguish btc from crypto, and be more interested in a 5% savings account of a fiat that's known to inevitably be rendered worthless makes no sense. It's really btc fud and fear mongering above all ...
nostrich · 164w
There is no stopping an idea whos time has come.
TBH · 164w
It seems like a definite good that there is a force attempting to clean up shitcoins. Should we care if it is a regulator?
btcgambit · 164w
agree. he could delay uptake though
Theuglybastard · 164w
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Mischa · 164w
He stated very clearly all tokens are securities and Bitcoin is not. Don't you think you should tone down the suspicious accusations with regulators who are Bitcoin friendly?
captjack 🏴‍☠️✨💜 · 163w
they want regulate sovereignity of all 150+ smaller countries as IMF call for BAN on BITCOIN in G20
captjack 🏴‍☠️✨💜 · 163w
IMF planning send every pleb to guantanamo too once ur zap exceeds their REGULATORY limit
guttermonk · 163w
LNBC100N1P3LH6NMPP5KNV8NPYWVA8F40TFVHYSQ7XTERWMQE5T5TGK59S8SJSA42LGN2UQDQ423JHXARFDENJQVFQXGSRXCQZPGXQY2LJQSP5LTCWNCF6XFEMZWX4FH30M26M43CVLDV0GAALNQRF8U2Q2L2DS40S9QYYSSQXA0QMX4A93ER2DCCV96L70DKYKNRL8A52EP3JNSRA2LSYC2PNYU9N9HY2H5W476KPJPZ6TEPM8PCEU9HZ88EA6LHNMD53MF8GDLS0ESQV6A9RP
⚡️⚡️⚡️ · 163w
Very true, the upside is maybe now ppl will get scared and stop investing in shit coins and focus on Bitcoin.
Tunnel · 163w
A regulator is definitionally corrupt. The adjective is redundant.
guttermonk · 163w
sounds even better when read in the voice of caps odell
nobody · 163w
Zapped you Sir
baref00t · 163w
Don't wait for someone else to make the change you wish to see in finance. Take the first step and invest in #Bitcoin
Jerm · 163w
This whole thing you were talking about on RHR, where there is only 4-5 bitcoin core developers has me concerned personally.