Replying to Avatar ew0k

So basically no cap gains if you convert btc to shitcoin-btc to cash, but 20% cut if you go back to btc.

Was slow to see what shitcoin-btc was for until I saw its 1) held by 3rd party and 2) bought off an open market. So in return for no cap gains, you take on counterparty risk and the risk of the shitcoin depegging from bitcoin, eg like when the dollar collapses 😂 who the fuck is going to buy shitcoin-btc when you can only get cash for it, or even less bitcoin equivalent?

Motherfuckers really want your #bitcoin don’t they???

SCAMMERS GONNA SCAM 🤙
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ew0k 1y ago

This is also suggested to be on Stacks in the FAQ section. I am not convinced this is the Trump announcement, IMHO it is more likely coming from a scrappy entrepreneur trying to get noticed by the political class attending the conference.

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