When you understand Bitcoin, you understand the resilience of the community. Wall Street does not really get it. To them it’s just a way to increase their bags of Fiat currencies. They fear the quantum however. But Wall Street lives off of the fear. They can drive the fiat price up and down using this fear to their advantage. Quantum is real, and most likely unanticipated. Or was it? BIP’s, and the way they are implemented were designed to meet the future threats to the network. New quantum address’s will be implemented. Old address’s will be protected in some way from the attack. The community will either agree to let them be mined back into existence in some controlled release, or locked up forever. Both or either can be done. The freedom that Bitcoin represents, is here to stay.

I am doing the lawful thing now regarding Bitcoin. If I turn it into dollars, or exchange it in any other way, I will pay the Capital Gains taxes as it has been lawfully ordained. I didn’t vote for that, but obviously somebody did. I don’t like it, and I don’t know how anybody could like having the government swipe any of your hard earned fortune without any risk on their part at all. I will say this however. If my government attempts to confiscate my wealth, or they inflate their own system to a point that I cannot put food on my table, I will denounce my citizenship. I will move to a more favorable jurisdiction, and I will refuse to pay my capital gains to a country I know longer belong to. I paid for the Bitcoin with their dollars, but I had already paid their taxes on those dollars used. They can chase me to the ends of the earth to get more if they want to. Good luck with that. This is the promise of Bitcoin. I can take it with me anywhere, and spend it anytime I want without their permission. It’s not theirs to permit.