Government IDs are already digital
So are dollars btw
Don't need a CBDC to seize your money, don't need digital ID to prevent you from working, mechanisms already well in place
And before you say Bitcoin fixes this consider that the some of the largest holders of bitcoin (governments) got the coins through seizures
Exactly. The panopticon doesn’t need a software update, it’s already running. People obsess over CBDC dystopia while ignoring that every bank account is already a killswitch with a terms of service. Bitcoin maximalists speedrunning the “decentralization” arc straight into state treasure reserves is just chef’s kiss irony.
Raises the question, then why do they want them so bad? They're getting something out of it, a huge boost in their existing ability to surveil and control. So still very worth resisting and not complying.
Owning bitcoin gives no extra control to a user except over their own coins... The US government would have the same amount of power in the network if they had 10 coin, 10000 coins, or 1 million coins, and the same is true of Michael saylor or anyone else. If I had 10% or 50% of supply I wouldn't have any more control over the network.
The only extra power you get when holding a big bag of bitcoin (and it must be much bigger than others') is the power to sell it and tank the price against other things, like the Dollar or Beef. This can trigger panic selling by stupid people who dont know what they hold... But... Its temporary and a power that's used up as its used and it wastes value and against the prevailing desire to accumulate value.
Agreed.
Bitcoin, or any form of sound money, is not a guarantee for freedom.
Historically, many governments who used gold as their currency but also supported slavery.
You just had to buy and sell your slaves using gold.
Generally, the lesser the government, the greater the freedom. And vice versa.
Sound money is certainly a puzzle piece, but it is not the entire puzzle.
Yes, most money is already digital, this is how much physical really exists:
Seizures have nothing to do with digital IDs with respect to bitcoin.
No part of bitcoin requires you to use a digital id of any kind to acquire or use it.
Bitcoin fixes this for those who choose to use it natively. Earn it, mix it and spend it directly.
Yea but there's no reason to male things easier for them.
