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5-MeO-DMT
150db8a6fa02131acb4ca23e4516ee6c433dfe8bd261e340285a0f878d2432eb
Trying to do my part
Replying to Avatar waxwing

There is actually something new in this statement from the FBI:

https://bitcoinmagazine.com/markets/fbi-warns-americans-against-using-non-kyc-crypto-money-transmitting-services

If you actually read the second and third paragraphs, they are quite explicitly telling you that the primary risk is that *they themselves* are going to steal your money.

So by 'something new' I mean that this is the first time you are explicitly being threatened with confiscation. It would not be surprising if this is the start of a trend, but, who knows.

6102 soon coming

Privacy is dead!

Long live privacy!

We are legion.

Add decentralization and we are unstoppable

They were in the process of doing that. Feds probably pushed to make their move before it could be released

Replying to Avatar Lyn Alden

The entire developed world tax apparatus that was built in the 20th century and extends into the 21st century depends on ubiquitous financial surveillance.

They are not going to give that up without a fight. I have been saying at a number of conferences and podcasts that privacy is the main battleground for the next decade.

Back in the 19th century and before, money was mostly private. There were plenty of dictators but there was no major method of surveilling all transactions. Therefore things like broad income taxes were untenable to enforce.

But in the 20th century as money increasingly moved around at the speed of light, people needed bank accounts to keep up. It wasn’t all forced on them; they chose it. And those bank accounts were centralized, surveillable, and ruggable.

This allowed authorities to switch to income taxes, which require ubiquitous financial surveillance to work. And ultimately it allowed them to switch to fiat currency altogether.

Now in the 21st century, Bitcoin and its various layers allow people to hold and move around money globally without permissioned banks. They can do so peer to peer, or they can do so with custodians and open layers, etc. Unlike the base layer of fiat, the base layer of bitcoin is permissionless.

But this represents a threat to the entire current system of taxation and financial control. If bitcoin and particularly various private methods on top of it were to be adopted at massive scale, the entire tax structure and other things would need to reshape themselves around that reality. And so they won’t make it easy; they will try to criminalize financial privacy as much as possible while the network is still pretty small.

The only solutions are to 1) make privacy tech so ubiquitous that it can’t be isolated and can spread organically in a distributed way and 2) to apply legal pressure when possible so that governments sort of have to operate within the bounds of their own law, like the 1st and 4th amendments.

The state is a pimp

Despised windows for years. Left a long time ago and never looked back. I’ve even refused jobs because they required even a little bit of windows.

This is actually a very interesting question. I think most people who are already heavily invested and of the Maxi persuasion would have a lot of trouble making the switch.

Just look at all the gold bugs that knew about Bitcoin and missed out on life-changing gains.

I guess it’s really a question of conviction based on facts vs attachment based on feelings.

Replying to Avatar Marty Bent

Whenever politicians clutch pearls or attempt to brow beat bitcoiners about money laundering it is important to remind them that the US government is the biggest money launderer on the planet.

The Treasury issues debt out of thin air, the money gets handed to the Department of Defense and they overpay defense contractors 900x for commonplace nuts and bolts, among other things. This leads to obscene profits for the war industry and they shave off a small chunk of those profits to ensure the politicians that will vote for bigger defense budgets stay in power. Rinse and repeat.

This isn’t confined to the war industry either. It happens across the spectrum. Another example is Operation Warp Speed, which was an example of the Federal government directly funding and obscenely overpaying for a COVID vaccine that poisoned people.

What we’re witnessing is the largest “looting of the treasury” in human history. Politicians and the corporate interests that back them are robbing the American people blind. Taking their money directly via taxes, indirectly via inflation and at the same time running up the biggest government debt bill the world has ever seen.

The politicians who enable this and then clutch pearls about bitcoin’s potential to enable money laundering are the scum of the Earth.

We are all being robbed in broad daylight and the thieves are making you out to be the criminal. Truly diabolical

The government is not your friend. It exist to strip you of your wealth and your freedom.

https://m.primal.net/HyRl.mov

#taxrevolt fixes this