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What other qualifications would you put on it? There are other potential loopholes such as using Tether or shitcoins in general, but not having a bank account.

ANYTHING that is not bitcoin is out of consideration. FFS is a Bitcoin Company not a "let's see the dick around my ass" company...

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But what if it's a non Bitcoin asset like a security or derivative but it's existing on top of Bitcoin?

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FUCK'EM. They should burn in THE FUCKING HELL !

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