pull down to refresh
0 sats \ 0 replies \ @OriginalSize 18 Dec
Nah, just a reminder that savings is important.
reply
0 sats \ 0 replies \ @Enemy_of_the_state 18 Dec
Illegal LOL 🤣🤣🤣
We will shoot the bootlickers at the door, then string up the rest of the clowns who decide not to flee.
They tried to kill Trump twice, God intervened. If we are not victorious now, let no one be left alive.
reply
0 sats \ 13 replies \ @grayruby 18 Dec
One would imagine the SBR would be in self custody.
reply
41 sats \ 12 replies \ @Jon_Hodl OP 18 Dec
The state would probably custody their own stack but will SBRs be used as a catalyst to outlaw or ban self custody for normal people like you and me?
reply
51 sats \ 3 replies \ @freetx 18 Dec
So the state is going to ban people from holding long strings of numbers?
Please explain how this would work?
reply
40 sats \ 2 replies \ @Jon_Hodl OP 18 Dec
-
They do things like reference KYC data to see who owns it and then seize it from them.
-
Track IP activity and see who’s sending/receiving bitcoin and then incarcerate or kill people who do.
-
If you’re not running your own node, then your xPub key is in the hands of countless other nodes that you’ve connected to.
Aside from a small and intolerant minority of bitcoiners, most people have little to no privacy when it comes to Bitcoin.
I think it would be pretty trivial to ban Bitcoin in the US because everyone has lost sight of what freedom is and that we the people are in charge.
reply
51 sats \ 1 reply \ @freetx 18 Dec
If what you say is true, then bitcoin was doomed from the start.
reply
40 sats \ 0 replies \ @Jon_Hodl OP 18 Dec
Only within the jurisdictions that ban their citizens from owning it.
Math cannot be stopped but human beings can.
reply
0 sats \ 7 replies \ @grayruby 18 Dec
Hopefully they don't even try and if they do it is challenged and overturned in court.
reply
20 sats \ 6 replies \ @Jon_Hodl OP 18 Dec
Agreed.
Just wondering if anyone else is asking some of the more difficult questions while we are all high on NgU
reply
20 sats \ 1 reply \ @Enemy_of_the_state 18 Dec
The first person that is jailed or killed, everyone else is going to be leaving asap. If I’m the first person, it’s going to be very costly for them, with no payoff.
ΜΟΛΩΝ ΛΑΒΕ
reply
120 sats \ 0 replies \ @Jon_Hodl OP 18 Dec
I like your style.
I hope you’re right.
reply
0 sats \ 3 replies \ @grayruby 18 Dec
It would be difficult to enforce. I suppose they could easily ban and enforce transfers out of kyc custodians like Coinbase to non custodial addresses but not sure how they enforce a ban on self custody. Even if they knew every person that held bitcoin in self custody they would need them to turn it over willingly or search their premises.
reply
40 sats \ 2 replies \ @Jon_Hodl OP 18 Dec
…and arrest anyone who was unable or unwilling to surrender their private keys.
reply
0 sats \ 1 reply \ @grayruby 18 Dec
You would have to prove they didn't lose them.
reply
20 sats \ 0 replies \ @Jon_Hodl OP 18 Dec
If they do a good enough job with a propoganda campaign, they could make it so that you’re still liable unless you can prove that you sent them to a compliant custodian.
reply on another page