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17 sats \ 0 replies \ @halalmoney 10 Nov \ parent \ on: Is "taxation of Bitcoin at gunpoint" something worth worrying about? bitcoin_beginners
Appreciate this.
Thanks for this. More sophisticated than my Bitcoin price is easier to manipulate than the gold price idea.
This helps better understand the whole ‘Bitcoin is money for enemies’ concept
For Bitcoin to achieve their national security goals, other states need to feel at least as secure holding it as they would gold
Nice. A fiat world which values Bitcoin at +$2T is better than a fiat world with the same
2T in housing and stocks. Hopefully, more to follow.
Bitcoin is already being used to disperse the inflationary effects on real world prices, such that it doesn't directly go into the stock and housing markets thereby destroying price signals and collapsing the currency
People are fully invested in a system which encourages them to take a mortgage to secure a home. House prices must rise to make it all worthwhile. So, Bitcoin must not outperform real estate over the long-term.
Most Bitcoiners: Satoshi acted alone. Bitcoin has nothing to do with the 3 letter agencies
Shocknet: Intel agencies literally exist to effect what you deny
Interesting. My mind jumps to number of users when thinking about network effects. But, no. of users * wealth within the network is a better metric.
Bitcoin is an economic network, it’s about the network's economic weight not the number of users.