Capital controls are already here. Operation "Choke Point Crypto 2.0" continues unabated. This time targets sex workers.

https://twitter.com/alanaevansxxx/status/1565774593771446272

The pressure is raised not only on Banks which shut down their fiat accounts but most worryingly on Crypto Exchanges which are also now banning them, therefore preventing the conversion of crypto into fiat. Make yourselves no illusion: the first thing that ALL governments do when their fiat currencies collapse is to enforce capital controls. In the crypto space, the only way to enforce capital controls is to shut down the fiat to crypto gates via the intermediaries (exchanges).

TRUE ADOPTION AND bitcoin's use as a currency for payments must be increased for a parallel financial system to work. The likes of El Salvador, Argentina, Venezuela, Turkey, Africa, etc are fundamental to bitcoin adoption. Blackrock´s ETF is only dangerous financialization of bitcoin. May rise the price of bitcoin in the short term, but may well turn out to be a net negative in the long term. Adoption will come from the base (us plebs) not certainly from the top (fiat elites). NOSTR helps that.

https://www.zerohedge.com/markets/i-just-want-sell-titty-pictures-sex-workers-fked-crypto

#bitcoin #crypto #nostr