No KYC bitcoin would be soooo expensive in this environment. If you’re lucky enough to find anyone selling.
Since they’ve already done it before with gold, what reason is there to keep living here?
Discussion
"The government relied heavily on voluntary compliance, and there weren't many prosecutions for simply holding gold."
I think in general these fears are overblown.
I actually think the NOKYC wallets are the ones going to be targeted.
The question is how small of a stack will they go for?
Further, I think buying Bitcoins across the globe would be easier than you think in this scenario.
I personally would just leave the country, which is what most should do - it's the sovereign individual game-theory playing out.
I heard about that being overblown but it’s still concerning because of blockchain analysis and AI.
The incentives don't make any sense here.
I actually think this makes more sense in totalitarian countries that rely on the peasant class.
The sheer manpower needed to go and arrest people for holding money makes no sense.
I don't think this is feasible whatsoever in the US.
You don’t think America is totalitarian? They’re deporting a legal resident over speech.
Nice verbiage you got there.
They're trying to revoke green card status to someone who broke the law.
The law that was broken:
trespassing on private property.
leading a cult of terrorist worshippers to trespass on private property.
after holding the university hostage, when they didn't call the police right away - they negotiated to strong arm the entity into succumbing to their demands meanwhile trespassing...I think this constitutes black mail.
Also they haven't successfully deported this clown yet. He might get to stay unfortunately.
Blackmail / extortion.
I wouldn’t call them cult terrorist worshipers. All Palestinians in Gaza are not terrorists. I wasn’t aware of trespassing though. And trumps comments certainly imply that the issue was his speech.
They literally were chanting from the river to the sea,
Wearing Hamas garb - and saying they're freedom fighters.
Trump can imply whatever he wants to piss off the left.
The truth of the matter this guy led these "negotiations".
And anyone protesting there in Columbia was trespassing.
That's why eventually they called the police and pressed charges.
Columbia is suspending & revoking degrees over this fiasco as well.