Gold demonetized legally by the govt, functionally by stocks and housing. Now btc demonetizing them all. Neither stocks nor homes have great store of value properties.

“The few terrorize the many”… is he talking about central banking and inflation?

Property taxes are a consumption tax

Lol “Dang you are right Mr Rothstein. I am so sorry.”

We have the right to get our money debased and our savings ravaged

Fascism is neither an ideology nor the end of any spectrum/polarity. It’s a garbled mess of collectivism.

Lol

Learning the hard way is better than never learning because of regulation

They flattened our savings with monetary debasement. Now they are coming to pick the bones

Phenomenal read. I’ll need to read it about 5-10 more times

Don’t forget, inflation eats up savings too

Plop some of those repossessed ASICs down stat

If only there were an industrial-sized interruptible load…

This was inevitable. Owning your own power source is the only way, long term

“We ask… for regulation to prevent this catastrophe”. 🤦‍♂️

This is by design. Govt wants crypto activity happening at its vassal banks. This way they can conduct surveillance and enforcement thru a very compliant adjunct.

As if it’s about outcomes? It’s about demolishing legal barriers to otherwise consensual transactions between two or more private parties.

One could make the same reductive argument about stocks. Both would be false

It wasn’t 2%, it was 3%!