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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ShiShi21m 2y ago

Whoever claimed Texas was freedom country is a dumbfuck.

They've locked up an insane amount of people for cannabis possession...

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Timechain 2y ago

Yeah, the way I see it is there is no pro-freedom state, or pro-freedom major political party. You always have to pull parts you like from different groups or areas. Just really thought the miners were safe there.

I wonder if the bill passes through state legislation if the governor can veto it. Abott has been quite in favor of the mining industry.

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ShiShi21m 2y ago

Yeah I agree, I'd rather be in Northern Cali than Texas 🙈