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?