I’d argue that Shitcoins have actually delayed the DOJ’s efforts to attack #Bitcoin .
Instead of focusing their energy and resources on enforcement actions against #Bitcoin they have been bogged down dealing with endless lower hanging shitcoin fruit.
All meanwhile #Bitcoin continues to grow and becomes even harder to stop.
These “Bitcoiners” are more fragile than shitcoiners. Can’t imagine a world where they have a horrible take and their ego can’t handle being called out for it.
My star 💫 will only continue to rise while they are stuck in their ego chambers.
There is no federal regulation or license for physical gold traders or brokers and they are certainly not deemed money transmitters. Some states have seen the need to regulate this at the state level and some have not.
Why should this be any different for #Bitcoin .
Well obviously we have an authoritarian government in the US. They are climbing in your windows, they are snatching your freedoms up. Hide your pans, hide your USB cables because everything is a money transmitter up in here. #Bitcoin
I question the foundational assertion that any government has jurisdiction over money. I understand their jurisdiction over fiat currency but that is not money. #Bitcoin