It's weird that the State regulates ownership of cars but not of bicycles. They probably want to regulate bicycles too, but for some reason they can't.
Bitcoin could be either a car or a bicycle -- depending on how easy it is to move it and pass it around?, or what?
It can if it wants to... but it generally regulates the thing that has the potential to kill people.
Bicycles dont kill people.
Everything make sense but then they also did push the covid jabs a lot with free stuff
Where I am, anything with a motor under 50cc is not considered a motorized vehicle.
50ccm ... hmm ... how much power can you get with that if you use alternative fuels with higher through-put? 🤔
Motorized two stroke scooters used to be very popular. Look up “Go-Ped” scooters. 49cc two-stroke motors with a ton of aftermarket parts including tuned exhaust pipes. Easy to make them go over 50 mph. Electric scooters and e-bikes are popular and how the law is written they technically not motorized vehicles because the motors on them are technically under 50cc. Pretty funny.
nitro and turbo, quite a lot, but that requires a lot of cooling as well... best you could do is maybe 70km/h on the flat... you'd need a tuned exhaust, spoked wheels, minimalistic frame to cut weight and decrease inertia
in bulgaria and several other countries they don't even count a 50cc motorcycle, it has to be registered and insured but no license is required to drive it
Hmm people don't insure bikes. Regulated ownership sounds like something the insurance companies would have lobbied for.
The more corpo profiteers that can gain from it's kyc the more risk of kyc requirement laws. Everyone needs to say fuck off when that time comes. Where there's a demand there's a market.
almost nobody uses bicycles for business
inner city bicycle couriers. that's it
the suitable terrain and the dutch love of not paying taxes is why they have so many bicycles there and a lot of business is done with them compared to other countries... even, there is tourist operations where the customers even power the bicycle as they drink beer riding along a circuit controlled by the tour guide
You definitely can get insurance for your bicycle tho.
You guys use bikes in the jungle? Do you wear helmet? I bet you pussies wear helmets
No one wears helmets, did you ever see a picture of Brazil? We don't even wear shirts or shoes.
#Bitcoin is a golf cart; small enough to fly under the radar and avoid oversight for some time, but fast enough to be a threat once there's enough people on board.
I think layer 1 is already a "car"
Powered bike, with a cover, and space for gear... it may evolve into a planet.
Cars are only regulated because they are registered, which means when you register them, you give up ownership of your car to the government and specifically to the DMV. That's why they can issue you traffic tickets.
It's a similar situation with currency. Fiat is owned by the State, but Bitcoin isindependent.
Correct your status. Exit the system.
it's purely and simply because more business is done with cars than bicycles
so there's more money per unit of paperwork
Thus don't register (KYC) your bitcoins.
it's not weird, it's the principle of "what has the lowest administrative cost per tax dollar squeeze yield"
people don't use bicycles to do business very much so there isn't much money in squeezing people, plus it would be more paperwork versus the amount of tax revenue
they are lazy
you should watch the movie THX-1138, the theme of how evil shit has a limited budget is the overarching theme of it (Logan's Run and Soylend Green are also similar themed)
Bitcoin is a Tardis 😆🍻
Surveillance. I was thinking about the ROI of surveillance for both. You've got more people driving cars, so the ROI is higher. Bicycles... well they could surveil bicycles, but the ROI is lower. I think that's about it. Probaly the same with financial transactions. What's the ROI to surveil a txn?
Read an interesting bit a while ago where the author posited that motorcycles would never be approved in today's regulatory / hypersafe environment.
In Japan bicycles are regulated. Each has to have a unique ID registered to the owner's name and address. All to stop crime, of course 🙄
So that confirms my claims that the State would actually regulate bicycles if they could, but goes against my thesis because I imagine bicycles are more common in Japan than in the average of countries, so I would imagine it would be easier to acquire and much harder to track.
On the other hand it does tell us that Bitcoin could go either way and we should not assume one or the other.
Maybe cars are regulated because they are basically deadly weapons? Bikes aren’t effective offensive deadly weapons? Might be as simple as that.
Interesting thought
Soon, the State wants to regulate your ability to Walk from one house to the next. And tax you for it.
