Bitcoin the protocol is extralegal, no State can impose upon it. That is what makes it special, and money outside the State.
Bitcoin the software running on your node, and the Bitcoin blockchain stored on your device, is NOT extralegal.
States already can and do make laws about what software you are allowed to run and what data you are allowed to store, in their jurisdiction. They will throw you in prison for having prohibited software/data.
Inviting the State to come and impose targeted legislation on #Bitcoin and #Bitcoiners like @_Checkɱate 🔑⚡🌋☢️🛢️ does here, is fucking retarded.
They don’t have to arrest everyone; they’ve just got to arrest enough people and publicise it enough to chill others from wanting to take the risk (ala Wallet of Satoshi and Breez withdrawing from US).
Is James going to flee if Albo bans Bitcoin nodes in Australia? Albo is banning under 16s from social media for “won’t somebody please think of the children” - what, you think he won’t ban software that is “used for money laundering, financing terrorism, and openly circulates images of CP”?
No, James will just stop running a node after a few stories hit the news, because James doesn’t want to go to prison; and that’s going to happen a lot so then Bitcoin becomes WAY more centralised.
This is the same dumb shit as people saying they’ll tell the State they lost their keys in a boating accident if they come knocking - ok pleb, well you sit in this cell whilst the State destroys the lives of your entire family and see if you can remember that seed phrase..
The risk of spamming Bitcoin with CP and putting crosshairs on Bitcoiners is not worth it for whatever the blue haired faggs at Core are claiming they’re going to achieve, which honestly, they’ve articulated absolutely nothing.
And if you think the State won’t fight back as their fiat currencies crumble, the very thing which underpins their legitimacy, instead of finding scapegoats in Bitcoiners who are now wealthy, and atomised, and easily picked off - then you’re NGMI.

