I'm not saying you shouldn't defend freedom, I'm saying you should accept NO regulations at all. Maximum freedom. Your post said you were fighting against overregulation. That implies that you are accepting some regulations. My point is that allowing any involvement will always trend TOWARD less freedom, not more. Government has no business AT ALL in Bitcoin. Not in mining, custody, or trade. None. Allowing any involvement at all will eventually make you lose.
Discussion
Do you use passport to move from the country to country? Do you use banking? Do you pay your bills? Do you call police/emergency if someone injured? Do you follow rules when driving? Answer to you, not me.
If any of those answers “yes” - it means you comply with regulations or you expect them to be implemented. Im not theoretical, but practical. Your bravery will probably end with the moment of arrest/fines in case if #bitcoin is labeled in the regulations as a tool for illicit activities only.
I’m kinda on your side with this one but do you really think it’s impossible to gain support for no regulation on bitcoin in EU??
Too many actors are pushing for regulation and this process is at the very developing stage.
And it has happened because at the stage of discussion there were no voices of those who defended #bitcoin.
What I try to do to build solidarity circle of bitcoiners and activists to educate legislators and regulators in democracies to slow or minimize draconian regulation approach.
Most of legislators were not aware that the laws they adopted made banking/financial data absolutely exposed to the abuses of dictatorships. And it is not something theoretical: I and many activists, our families paid a huge price for that mistake.
And I ask one simple question to them: give me just one instrument which will replace p2p bitcoin transactions and mixers as a privacy measure to defend my and other activists rights to fundraise and support/transfer money in a safe way for politically repressed people in dictatorships.
So what I hear in response? Regulators and legislators don’t have answers even to protect right now the traditional financial institutions. So this discussion is very effective.
Thank you!!