Replying to Avatar fiatjaf

It's weird that the State regulates ownership of cars but not of bicycles. They probably want to regulate bicycles too, but for some reason they can't.

Bitcoin could be either a car or a bicycle -- depending on how easy it is to move it and pass it around?, or what?
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Dash 1y ago

In Japan bicycles are regulated. Each has to have a unique ID registered to the owner's name and address. All to stop crime, of course 🙄

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fiatjaf 1y ago

So that confirms my claims that the State would actually regulate bicycles if they could, but goes against my thesis because I imagine bicycles are more common in Japan than in the average of countries, so I would imagine it would be easier to acquire and much harder to track.

On the other hand it does tell us that Bitcoin could go either way and we should not assume one or the other.