d1
Jimi
d10ea38d484d0ef4ec4e4e62e42870745948f6b2f44819e5900c77498d67cbf0
Hodler

#chokepoint is the inevitable stage in the process of Bitcoin adoption. The powers that be now see the threat of an alternative currency. Whilst belittling it as a meaningless store of value it is a threat to the levered banking system. The US and other G7 nations may try and restrict its on and off ramps other nations will endorse it. Bitcoin exchange will become more innovative in how to get Fiat on ramps. It will also accelerate the circular Bitcoin economy. Your enemy’s enemy is you friend. Even in the the US Fidelity is now offering Bitcoin trading. NASDAQ offering Bitcoin custody. German banks offer Bitcoin trading. Switzerland has digital banks. Dubai also a rapidly growing digital hub. And there are more examples. The US may and try and cut itself off from Bitcoin. But as in the ban on gold the rest of the world still traded it. The global financial system has become more sophisticated and driven by instant technology. The run on the US banks demonstrate this. The ageing US authorities did not see this coming as much as they do not understand how the financial system has changed. Bitcoin users will morph with this evolution and capital will flow to the nations most accommodating.