Fuck you. There's only 1 Crypto that is important, BTC, and you have no power over that

Comments

• sj_zero@lotide.fbxl.net ⁨2⁩ ⁨years⁩ ago

  You do need to realize that just because they don't have technological methods to stop the payment doesn't mean they don't have legal methods to stop you from doing the thing they don't want you to do.

  Cars have speed limits, but (for now) the government has no control over how you operate your car, and in fact you can drive your car in such a way that it is basically untrackable.

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  • iamtanmay@wolfballs.com ⁨2⁩ ⁨years⁩ ago

    Good point. However, the transactions can take place outside the jurisdiction, i.e. the BTC isn't physically in a country, and trading stocks or assets outside the country would be legal. Then transferring these other assets to the country will follow the normal rules, e.g. taxes, import duties. Govt's could say that no resident can do something with BTC "outside" the country. Quite authoritarian, and I wonder if such a law would work in court.

    Govt has always been a decade behind current financial instruments. People will work around restrictions with new BTC based instruments. Govt and investors will continue the cat and mouse.

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• mayonesa@wolfballs.com ⁨2⁩ ⁨years⁩ ago

  BTK > BTC

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• goldenballs@wolfballs.com ⁨2⁩ ⁨years⁩ ago

  XMR... PM... People trading GLD ETFs are handling Russian gold. There are at least 400,000oz of Russian silver circulating too

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