Replying to Avatar Timechain

It's kinda clear. For now, the US government (Executive Branch) is cracking down on cryptocurrency.

Unlike the SEC's Gary, who taught a Blockchain course at MIT, they do not make any distinction between Bitcoin and other cryptocurrencies. Actually, Bitcoin's censorship resistance compared to other cryptocurrencies' lack of such is just another reason to fear it.

Swan is debanked in Texas (TX is also facing trouble from an anti mining bill now that like 1/3 of the world's hashrate is there. Not really, but maybe 1/4, what gives TX)

Anyway, so how are we gonna buy? Peer2peer local Bitcoins-like sites? They are going to face a liquidity crisis and the US will be like Nigeria where we are paying wayyyy over 'normal' Bitcoin price.
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threeseries 2y ago

Can nostr marketplaces fix this?

We may need to go full Silk Road on them.

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Timechain 2y ago

I am pumped about this. Really. I feel like it could be more like Craigslist/Facebook Marketplace but decentralized. And thennnn there coukd be sketchier marketplaces.

However, I'm worried about obtaining Bitcoin. Like most people get Bitcoin from regulated exchanges. If we all had to get them from Peer2peer ones, there isn't enough coins on there. squeeeeeze = Crazy prices whithin the US.