Replying to Avatar Junkflex

🇺🇸 Federal Reserve Bank of Minneapolis 🇺🇸 says "A legal prohibition against #bitcoin can restore unique implementation of permanent primary deficits, and so can a tax on Bitcoin."

They want to use this formula.

The tax works by continuously reducing the value or returns from holding Bitcoin, and the government collects these taxes as part of their revenue.

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PoW@MaX 1y ago

That reveal why they want to ban self custody. In the first line they said for every owner of unit of #bitcoin. You can't know who own #bitcoin if you self custody.

Make sense ?

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