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Re:IRS Files $44B Claims Against Bankrupt FTX by ebiester on Thursday May 11, 2023 @03:50PM (#35907529)
If you have enough money, you will not be immune to rubber hose decryption attacks or other shows of force.

Either you live in a country where you can trust your money system, or you don't.

Re:IRS Files $44B Claims Against Bankrupt FTX by ChainOfFools on Thursday May 11, 2023 @07:33PM (#35909807)
It's always been my take that the reason ideological Bitcoin ghouls are so enthusiastic about directly contradicting their entire argument against government control over money, by lobbying countries like El Salvador to adopt Bitcoin as a national currency, is because they recognize (cf. lead pipe attack) that there is ultimately no replacing men with guns when it comes to defending the value of money. Quote back by math quote doesn't cut it when someone has a mortar aimed at the middle of your mining farm. Or even someone with a couple Jerry cans of gasoline, matches, and nothing to lose after some anon creep chilling in a Thai brothel pulled their life savings to fund his 'tech nomad' lifestyle.

And since they are too fragmented and comically self-serving to organize anything like their own soveriegn state, they need to piggyback off an existing one.