I have a question (forgive me if it sounds naive.) What would happen if Bitcoin transactions were to be restricted? (For instance, if a government were to consider banning Bitcoin ownership.)

My motivation is about preserving my fundamental right to utilize the value I've legitimately earned as I see fit. But with Bitcoin too

I'm experiencing constant confrontation with KYC and clear identification requirements.

So where is the difference?

Looking at the current developments in the EU, I can't help but feel that Bitcoin's usage is fundamentally at odds with their interests.

A restricted use of Bitcoin - isn't that completely contradicting the Bitcoin philosophy?

What's the underlying purpose of this pervasive financial surveillance of private citizens? Isn't this ultimately about preemptively suppressing potential dissent?

I understand that it's extremely difficult to ban a decentralized system like Bitcoin. And naturally, one could continue to use and manage it independently.

But there’s a gap between online rhetoric and real-world practic.

How many would cave in when the law comes knocking at their door?

Reply to this note

Please Login to reply.

Discussion

No replies yet.