Someone told me about an asset that can't be controlled by the government at all.
And it has better average returns than both the S&P and real estate.
In other words: just buy #bitcoin
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Kind of... The government can simply ban bitcoin in the same way they did with Gold in the 30s. There is some control in the table for sure.
Tech doesn't solve politics. If you allow your government free rain, they can pretty much control anything you can think of.
* rein
I hear that Bitcoin can't be controlled by the government but then I see news from time to time that some government has seized millions in Bitcoin from someone, or is selling off some Bitcoin it has seized... 🤔
They didn't have to go get the gold in the 30s. They already had most of it.
To your point, this is the reason for a No KYC stash. Do not allow your government free reign. There always has and will be grey / black markets, and at times utilizing them can be the difference between surviving and not.
Politics is a shitcoin. Become ungovernable.
Wow, Edgy bro! Show us how "ungovernable" you are!
Politics is power.
Sure, they can ban it. But enforcing the ban is another story. Just look at China.
If you store your recovery words properly, this is not a concern. Most of these seizures are from poor storage or people voluntarily transferring the coins.
Poor storage = all recovery words in one location that can easily be found.
Government (Govern < Gubern < Kubern = steer) + (Ment < mentis = mind) voluntary mind control is not living.
Yes, a lot of men waste their lives trying to manipulate other men. In the end their lives were wasted. This human life is not to be wasted by convincing other men to do your will.
Tout à fait
Often those stories are propaganda when you look into it. One of the benefits of having a public ledger.