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0 sats \ 7 replies \ @cryptocoin 22 Mar 2022 \ parent \ on: The absurdity of Bitcoin as legal tender + Warren agonistes bitcoin

There are many political jurisdictions where there are laws (explicit in code, in regulations, or religious laws or tradition, or simply implicitly understood) that specify what currencies can be used, and to a greater extent, what payment methods can be used even.

In the U.S. the government arrested someone about a dozen years ago for paying someone else for a meal using a one once silver round. Then after conviction, the government called him a "domestic terrorist." (Bernard von NotHaus is to whom I am referring).

In China, and some other countries, accepting bitcoin for payment has been made illegal.

In Nigeria, SARS (a special category of police) used to steal ("confiscate") bitcoin from the mobile phones of youth found just carrying it even (with impunity, as it was claimed it was done under "suspicion" as to the source).

So whether you agree they should have the right or ability to determine what you use as money, it happens in much of the world, today.

10 sats \ 5 replies \ @DarthCoin 22 Mar 2022

the right or ability to determine what you use as money

WHO give them that authority and/or ability? Show me the proof.

0 sats \ 3 replies \ @cryptocoin 22 Mar 2022

In Nigeria, for example, the SARS police gave themselves that authority. Expressing a significant level of dissent as to the extent of their authority has been known to be fatal.

The IMF is pressuring El Salvador to repeal their change to their legal tender law regarding bitcoin. Who gave them the authority? Well, the U.S. gov't, for one.

And who gave whomever the authority to ensure that Muammar Gaddafi would never reach the point that gold was the payment method for Libya's oil?

5 sats \ 1 reply \ @DarthCoin 23 Mar 2022

Your mind is still living in the "authority cage", is fine, you need to learn more about this stuff, I know is not easy. But first step is to step out of that cage and think freely, only then you will be able to understand how this works. If you do not make this step, you will always be constrained to that thinking.