This. It’s entirely possible that Bitcoin, or all crypto, could be hyper regulated or made illegal in the future and there’s nothing anyone can do about it.
It’s not the savior people think it is.
Discussion
The only thing im saved from is debasement.
Everything else is possible, yet the probability of certain events occurring varies widely between jurisdictions.
I'm betting on Bitcoin's characteristics, you're not - so be it - but its a lame argument if you dont provide specific jurisdictions with some sore of timeline - that at least would be a more respectable prediction / use of everyone's time.
I hope Bitcoin succeeds and becomes better and better to the point where Monero is not needed.
But sometimes it seems like the same mindset that made it great is not prevalent in Bitcoin's community anymore for the most part.
not enforceable
It absolutely is. This is delusional.
explain how?
Well, you have to report it on your taxes, so there’s already a de facto registry of who owns crypto. The only convenient way to get it is through an exchange, all of which collect your ID, your address, etc. And for most coins you can see a record of every transaction.
I honestly can’t imagine many things easier to enforce than Bitcoin regulation.
This is laughable. The point of Bitcoin is to exit the government digital system. If I need to, I sell Bitcoin for cash or spend it. You are heavily indoctrinated unfortunately. I've never used an exchange in my life unless its decentralized and KYC free running over tor and vpn like BISQ. And im sure many others here operate the same way. There is a lot we can teach you.
they key word you mentioned is "convenient". Not everyone prefers "convenient" ways. *sigh*
Yes, they do. Massive cope.
sheeple will be sheeple
again not enforceable for those who have the desire to know what they are doing. Good luck preaching :)
But that's not what you said. You said it's unenforcable. The reality is it would be easy.
Bitcoin exchanges are not Bitcoin. Banning Bitcoin is unenforceable.