You think that we “win” if you cold store our Sats because they cannot make us give it up?
We still “lose” if you are not able to spend it. You will have 35M$ on your Coldcard and still “lose” if it’s not usable.
They will “win” unless you comply.
I rather KYC, buy BTC, put it on my Cold Storage. Wait for appreciation, sell a portion of it on a registered exchange/broker, pay my taxes on the gain and pay off my house.
Being able to accumulate registered/KYC/Play by the rule Bitcoin and sell it with a registered company to be debt free IS the way to show the finger to banks and governments and exit the system.
Not by being a dreaming No-KYC rebel thinking it’s cool to skip class.
Replies (8)
How hard are you hallucinating my friend ????
I have been lucky to be debt free almost all of my grown life (not an american) and it doesn't make me "win" whatsover ;D
I can be fined if I don't register my address, I can be fined if I don't carry an ID on me, and I don't have a say to how much tax I want to pay or where my tax euros are going to.
Maybe, depends how dire things get
While I absolutely disagree with this strategy, I frankly see no other realistic, viable alternatives.
BTC will die a governmentally regulated death...it's now a matter of how and when.
Yes, people could push back, but virtually none will--
OK we will tax you first, and gradually more and more just for holding it. We will tax anything that doesn't move.
The core problem is that bitcoin is a territory of freedom, but it's a territory with no economy.
It's a territory that imports everything from the fiat Dominion.
This is why we are dependent on the fiat authorities. They gatekeep access to all the stuff we want.
We can solve this problem by creating our own economy, and we do this by being more productive and more efficient than the fiat Dominion.
The global economy is currently dependent on slavery. We need it to become dependent on our freedom.
When they attack us, we need the economic teeth to enforce our rights and cause serious damage to the attacker. They do this to us today - comply or lose access to the fiat economy. Bitcoiners need to be productive enough that this flips the other way around - attack our freedom and lose access to the bitcoin economy.
You're not fully understanding the situation if you actually think that
This is the right way, but it also shows that Bitcoin is a failure . Its nothing more than a gambling asset, a hot potato on which some will make money and others will not. Its not a currency and has no other use. And its certainly is not 'freedom tech'.
EO 6102 anyone?
