Bitcoin is a magic incantation corrupt politicians use to get idiots to support their corruption.
Congrats to all the statist bitcoiners who cheered through another law allowing the state to take your bitcoin.
Discussion
I would prefer that governments get it last, but maybe if governments adopt Bitcoin normies will, too?
Sounds like high time preference thinking to me.
China opened trade with the west when they were on a silver standard and the west was on a gold standard. That difference in money hardness led to what Chinese history books call the Century of Humiliation.
Do you want government to adopt first with a century of humiliation for the people or people first with a century of humiliation for governments?
I know my answer. After all, governments held the monetary control for the last 100 years and the people have already had a century of humiliation.
Oh, come on! When has local or state governments ever abused asset forfeiture and seizure? It’ll be fine.