I went from ambivalent to: HOLY FUCK this incentives civil asset forfeiture for Bitcoin and using DoJ as an ATM machine

Shit.

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Discussion

My first reaction as well. Civil asset forfeiture is an abomination and a perfect example of why all the America freedom maxis are fooling themselves

Yeah. This is a multi dimensional thing. Not all good. Not all bad. And I think it is a mistake to characterize is as one or the other. 6102 type crap is a real risk. Civil forfeiture is nasty. And no Acton is pure, nor simple.

The state makes up laws. Bitcoiners cheer those laws. The state makes up more laws.

Bitcoiners that have not made their stack invisible lose it all. No more cheering. End of story.

Fully transparent and taxable Bitcoin in the hands of government, expanding supply through custodians/fractional reserve.

This time without cash we are off way worse.

Monero or slavery.

#KYCNotMe

#DontRiskItBisqIt