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0 sats \ 3 replies \ @0xIlmari 11 Jan \ parent \ on: The Bitcoin ETF is the spiritual reversal of Executive Order 6102 bitcoin
Except this is different. You can't go door to door requesting people to surrender their secret numbers.
And good luck doing that in present day Texas.
Also, boating accidents exist.
Also, Twitter exists. (I refuse to call it any other name.)
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242 sats \ 1 reply \ @Dash_1971 11 Jan
They didn't go door to door for gold, afaik. Just the threat will be enough to get most to comply. They have most holders on a list thanks to KYC. Just a threatening letter from the exchange and a few high profile prosecutions should be enough, like it was for gold.
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0 sats \ 0 replies \ @0xIlmari 11 Jan
I'm sorry Your Honor, I sent all my bitcoins to a person that promised to double it, and never heard from him again.
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10 sats \ 0 replies \ @siggy47 11 Jan
There is a carrot as well as a stick. Real bitcoin's value will be driven down while the price of paper bitcoin is propped up. Even core devs will vote to put food on the table.
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