Seeing a lot of seemingly inorganic noise on this. At the same time in the US, we are running a power grid like a country that inherited it from its imperialist colonizers from the distant past with no inherent capability to improve or even sustain it. 650K miles of transmission lines are oversubscribed and there are less than a dozen regional substations that act as an aggregate single-point-of-failure for the entire country. Texas was the canary in the coal mine.

The fact that we're not having the genuine discussion around improving the efficiency, cleanliness, and resiliency of our infrastructure lays the true capabilities of my country and the intentions of those in power bare: we are a declining power managed by corrupt and power mad psychopaths. Bitcoin is the least of our worries - it's actually a symptom of loss of faith in the system.

While I agree that we are managed by corrupt and power mad psychopaths, I'm not sure infrastructure spending (or lack thereof) should lay at their feet.

It is a symptom of our elections that infrastructure and other non-sexy spending takes a backseat to large, mega projects designed to funnel federal and state dollars to localities. Politicians do not set the rules, voters set the rules. And the rule is that stability and planning are less important than flash and PR.

And it's sad, and I'm convinced that this shortsightedness will cause people I know to die from something that could've been prevented (not coronavirus, like cancer or starvation or war).

bans are a very strong advertisement for piling into the asset being banned. especially when holders of the asset in question are quite difficult to identify

another related point is that busting regulations is a great way to create great wealth. Dhirubhai Ambani created his first capital by smuggling. the Rothschilds did too – by busting Napoleon's sanctions

make your own conclusions about ways to behave in response to economic regulations ;)

You need to move ASAP.

I lol-ed

And it's not to protect "our at risk citizens" but to protect our affluent citizens. Since all of the ostensible attenuation of horizontal interdiction depends on resources which poor people simply don't have, the acuity is spread is necessarily wealth-stratified in such a configuration.

And the consequences haven't been "a temporary halt to social life", but death, disease, and misery visited about marginalized and unhoused communities under the euphemistic guise of an "essential" working class.