Subnostr

If the regulators wouldn't know it is unenforceable, they would have banned it with these regulations. Instead, these new laws are the toughest they can actually enforce. Alreads at the cost of having created a one way street where regulated 'crypto assets' can only flow out, but never back in. It means these regulations don't stand on principles and are only a temporary measure.

They can't stop Bitcoin transactions and they know it. If they were to try, they fail and instead of regulating anything, they would have the given the best possible advertisement to Bitcoin and outlined their realm of power. Bitcoin is above and beyond their influence. The emperor has no cloths etc..

It's the 12 words line they can't cross.

I sincerely hope they do, though.

Zaikaboy 1y ago

There is nothing more permanent than a temporary government act.

Have you read George Orwell?

Ignore them all, the harder they fight, the closer we are.

Love n hugs

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Discussion

Rico 1y ago

Sure I have. Temporary in a sense that once the tank is empty, there's no current left to regulate. These regulations will change again but they have maxed out their power already. Simply adding more punishment isn't solving THEIR issue. 'What you gonna do, shoot me twice?'

Zaikaboy 1y ago

They would try to kill us more than once. They will fail at that too

Rico 1y ago

They can kill me but they can't whip me.