i agree. those that hold any sats when the repricing happens will become more powerful than the govt largely because they will be able to buy and sell without permission. if you don't think the wealthier bitcoiners can't handle this so-called govt threat, i think you're going to be surprised.
when gold was banned, the wealthy created loopholes to keep their stuff. now, they will just memorize their seed words. govts will cave to the new money.
but what will the fiat be? right now it's federal reserve notes. how does the transition work?
he may want dollars to stick around but he understands there will be much fewer dollars if he ends the fed.
my advice to plebs: learn how to make or grow something useful and get to know the bitcoiners who have more than a few sats.
we are meant to be gardeners. the city is a rebellion against our nature.
you will never be happy in a city.
70% of the bitcoin is in the hands of private individuals. at a certain point, they will be more powerful than the government. you're probably right that govts will try to get the bitcoin out of the hands of the people, but once fiat is worthless or back on a commodities standard, the govt isn't going to be able to afford to use its money to oppress the people.
my view is that we are more likely to enter a golden age of free markets that generate wealth Venetian style than 1984-scale poverty and tyranny.
I bought my first sats at 11k in 2018. it went all the way down to 3k, but I didn't buy aggressively again until 6k. seems like pennies now. do I wish I had bought one year earlier at 800? of course, but I didn't understand it then. wish I had bought harder at 3k. I am geareful to have what I have.
anyone worked through what happens to the monetary syatem if Trump ends the Fed?
What's going to happen to that cheap money strategy if Trump ends the Fed?
if he does, it won't be like the letter the IMF sent to El Salvador.
100%, besides paying the rest of the world wasn't for their benefit.
they better get a military defense attorney. treason is a military offense.
they absolutely should care. it's how we find our people. Scripture commands us to do so.
it's like me putting bitcoin info in there. it can tell like minded people who to follow. what's the point of the bio if not that?
yeah. she's seen it all in the rock world.
I have no doubt Tulsi was all in at the WEF back in the day, but when the deep state turns on you like it did, you tend to walk away from thoae associations.
just think when self driving trucks are fully operational. this sort of maneuver will be run of the mill.
