GameStop, Bitcoin and the Commoditization of Populist Rage

Re:GameStop, Bitcoin and the Commoditization of Populist Rage by nonameiguess on Tuesday February 23, 2021 @08:00PM (#26245264)

You could already own land, houses, cattle, ownership shares in companies that produce useful goods other humans want, all things the government doesn't control. If the concern is the government could potentially seize control of those things, sure, but a sufficiently malicious government can seize control of you and no amount of magic numbers on a USB stick is going to stop them.

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Re:GameStop, Bitcoin and the Commoditization of Populist Rage by seibelj on Tuesday February 23, 2021 @08:09PM (#26245349)

All of that is at the whim of governments and could be seized. If properly stored no one knows you even own bitcoin let alone would steal it. Land is probably the most dangerous asset of all from a fear-of-government perspective.

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Re:GameStop, Bitcoin and the Commoditization of Populist Rage by missedthecue on Tuesday February 23, 2021 @08:13PM (#26245382)

I predict his reply will be that your property rights to land, cattle, homes, and common equity are protected by governments.

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Re:GameStop, Bitcoin and the Commoditization of Populist Rage by cma on Thursday February 25, 2021 @12:15AM (#26259945)

If people find out you own a lot of Bitcoin you are relying on governments to protect you from theft, blackmail, kidnapping schemes, etc.

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Re:GameStop, Bitcoin and the Commoditization of Populist Rage by MonsterBurger on Wednesday February 24, 2021 @11:09AM (#26251445)

You were right!

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Re:GameStop, Bitcoin and the Commoditization of Populist Rage by sodality2 on Wednesday February 24, 2021 @10:31AM (#26250917)

Ding ding ding!

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