I am personally ready. I'll keep them honest with my node, my weapons, my miner and my secure keys.
But I also understand that most people will not be like me, and for them, having access to money which cannot be inflated (even through a custodian or a government service) is a huge benefit to both me and them.
I'm just not sure what there is to be upset or worried about. Six months ago we were watching friends be threatened with jail time and businesses being forced to close. Would it really be better if the government continued to treat bitcoin like a tool for criminals which normal people shouldn't touch?
Replies (5)
if the banks and other institutions adopt it they absolutely *will issue shitcoins they claim are backed by Bitcoin reserves.
and the people you're talking about will not care about the difference.
yall keep pretending they're just going to give up the ability to print money.
because something something Bitcoin
EVAN KALOUDIS
Now that the banks can hold bitcoin, they will run fractional reserves on those accounts and try to make it a cash flowing asset. It’s all that they know.
View quoted note →
This is true but remember what I said? Bitcoin punishes the dishonest. I dare them to run fractional reserves. FAFO.
Who was being threatened will jail and what businesses
Samurai and WOS, Phoenix, the bank from 2023, nodeless (I know they are Canadian), and essentially any lightning or privacy oriented business
