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102 sats \ 3 replies \ @Coinsreporter 14h \ parent \ on: Texas Gov Abbott signs bitcoin reserve bill SB 21 into law bitcoin
Taxation by government is a different topic and my stance is that government doesn't need to tax the citizens. Taxes are unnecessary.
But why do we cry aloud? Can we stop them buying? Is Bitcoin only for individuals? I don't get it why we celebrated El Salvador as Bitcoin Country once.
Talking about these reserves that are being created in the US, I believe they aren't very specific about Bitcoin. They involve a terminology which makes them sound closer to Shitcoins. So, I think they will most probably ruin state/country (governments).
Another very specific point is that I think governments alone shall never be able to control Bitcoin.
But why do we cry aloud? Can we stop them buying?
In the case of publicly funded reserves, yes (as much as citizens can affect anything in their country). I don't have to vote for politicians who do such things.
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I don't have to vote for politicians who do such things.
Voting is dumb anyways. Only slaves "vote".
See #649361
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Yes, that's what we as citizens should be doing instead of saying governments shouldn't do that or this.
I also believe once Bitcoin standard will be governing the states/nations, these reserves will be abolished because citizens would demand it.
I too don't like these reserves, but I don't worry about them because Bitcoin is much more powerful than the governments and they can never control it on their own.
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