Re:GameStop, Bitcoin and the Commoditization of Populist Rage
by UncleMeat on Tuesday February 23, 2021 @09:33PM
(#26245934)
I'm happy that the state has the ability to seize illegal funds from people. Outside of minarchists and a few others, there aren't many people who think that completely lawless wealth is a good plan.
[ Parent
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Re:GameStop, Bitcoin and the Commoditization of Populist Rage
by seibelj on Tuesday February 23, 2021 @09:40PM
(#26245986)
In the West we have reasonably decent government. In other countries, not so much. You are a law-abiding citizen today, and tomorrow you are a criminal whose assets should be seized. Just ask my family that fled communism!
Re:GameStop, Bitcoin and the Commoditization of Populist Rage
by UncleMeat on Wednesday February 24, 2021 @07:57AM
(#26249360)
Btc won’t protect you against a government that is willing to show up to your house and send you to Siberia or shoot you in the head. The “sweet spot” of a sufficiently corrupt country where seizing wealth is common but Btc would protect you is pretty small.