Communism is consuming the world, bitcoin is the only tool to peacefully resist
One day we're gonna get out of bed and be retired for life
We should start a bitcoin donations campaign for Hawaii, could spread btc awarenesses & help people
We should start a bitcoin donations campaign for Hawaii, could spread btc awarenesses & help people
"everybody doin' Bitcoin" -Royce da 59
https://nostrcheck.me/media/public/nostrcheck.me_5023602255083526171692037756.webp
For the record, I'm just a regular she/he/they on the internet who pays their melting ice-cubes back in the form of income tax Etc;
Thanks for the convo
I know what you mean. Still part of the theoretical: if they where to use a p2p exchange or btc cash ATM / coinjoin to acquire it could be potentially un-trackable.
Then you could file bankruptcy
Or settle for a lesser sum in the form of payments later
Not legal advice, I don't know if this constitutes Fraud lol
Still playing the funny hypothetical scene here:
What if someone where to apply for a bunch of credit cards. Rack up 50,000 debt then
"Obtain btc"
Then rent and work for a friend without disclousing the debt of course while keeping a po box at the post office to avoid harassment.
End of the year after paying for things in cash and riding your ebike / car pooling you file your 1099 "self employed form"
Effectively ride potential economic dollar coaster so far as your friend/family member is in on the whole ordeal / they have the work for you.
Of course, just in theory as a thought experiment
In reality credit card debt is sold to investment banks who just try to make a yield. Who cares about making payments if all your equity is tied into a unsiezeable asset "bitcoin". Worst case seceniro they forbid you for getting a mortgage & deny you other credit cards?
Funny thing is, you can avoid debt collectors for years on end & if btc ends up being parabolic.. It might make a funny story
Funny theoretical here:
So if bitcoin statically gains on avg. 80-100% each year
And annual credit card interest is let's highball it at 40%
Wouldn't you be better off not selling your btc & .... You know lmao




