THERE IS A RISK OF THIS THAT IS MUCH GREATER THAN 0
IGNORE IT IF YOU WANT, BITCOIN DOESNT CARE BUT THE GOVT CARES ABOUT YOU
ok, I’ll move on for now 
Discussion
Dismissing something because there's a risk seems as short-sighted as embracing something because there's a possibility. Seems like there needs to be more discussion of the likelihoods and scales of said risks and possibilities.
I get the concern.
Given the opportunity for control, the government will do everything it can to co-opt bitcoin.
I just don't see how it would be able to without working against their self-interests.
If they start screwing with our ability to self-custody, wouldn't it lead to loss in value of the very asset they need to stay valuable?
If we can't maintain our autonomy, I'd rather burn it all to the ground than to just give it to tradfi.
Just my two sats.
This is a good take and I largely agree with you!
But there are pending rules and judgements out there that could require money transmission licenses for even peer-to-peer. Hopefully this gets shot down, ruled as unconstitutional, etc, but many in DC are angling on this for “national security.”
Post 9/11 anything is on the table.
Well if there was ever a group of vigilant and government fearing individuals. It's this group.
Steadfast!
THE SUITS ARE GOING TO TURN OFF SELF CUSTODY. BITCOINS OVER FOLKS. JUST SELL IT TO ME.
First they will get nothing from me.
Then game theory plays out and El Salvador wins…
Everything is good for bitcoin
Are you forgetting that operation chokepoint 2.0 came out of Obama’s 3rd term, not Trump?
Buying and selling weed is also illegal.
we are the government, we're here to help
I think this is likely what they’re trying to do but it will fail. If that’s what it takes to capture bitcoin then it would’ve died a long time ago.
Molon labe.