they absolutely CAN create a regulatory environment where people are unwilling to transact p2p because they fear repercussions

Reply to this note

Please Login to reply.

Discussion

CAN in capital letters looks big, but is it convincing? Please explain what regulations you are concerned about. I advise you to sell your Bitcoin if you believe what you have written, because if powerful actors CAN control it, they WILL. Personally, I see that Bitcoin is more powerful than Michael Saylor, or Keir Starmer, or Donald Trump, or Vladimir Putin. These people are just men. They are not ubermensch.

people ALREADY dont use Bitcoin for transactions because capital gains reporting requirements are prohibitive.

you legit think if self custody requires KYC and proof of funds to actually spend

its not a problem for sovereign p2p use?