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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="98SVTContour98" data-source="post: 17039470" data-attributes="member: 127124"><p>no source on the 80% but it seems like the main thing that shook your faith here was a tyrannical govt banning banks accounts and bitcoin addresses.</p><p></p><p>this is normal life for bad govts, it is what most govts will do and it actually doesn't impact your bitcoin at all since you can create 100 new addresses in 5 minutes.</p><p></p><p>Currently, a bad govt can COMPLETELY TAKE AWAY YOUR CURRENT BANK ACCOUNT/VISA CARD/RETIREMENT ACCOUNT, METALS, etc.</p><p></p><p>So we must think in terms of...what gives us the best chance to transact freely?</p><p></p><p>I'd argue Bitcoin. It's the only thing you can truly own and no govt can seize/steal from you. Let's say the USSA bans coinbase and all bitcoin wallets, forces CBDCs/social credit scores/etc....worst case scenario right?</p><p></p><p>You can memorize your 12 words and move to a bitcoin friendly country! It's the ONLY thing that can accomplish that task! gold/silver/dollars/drugs/guns/ammo will all get seized at the border.</p></blockquote><p></p>
[QUOTE="98SVTContour98, post: 17039470, member: 127124"] no source on the 80% but it seems like the main thing that shook your faith here was a tyrannical govt banning banks accounts and bitcoin addresses. this is normal life for bad govts, it is what most govts will do and it actually doesn't impact your bitcoin at all since you can create 100 new addresses in 5 minutes. Currently, a bad govt can COMPLETELY TAKE AWAY YOUR CURRENT BANK ACCOUNT/VISA CARD/RETIREMENT ACCOUNT, METALS, etc. So we must think in terms of...what gives us the best chance to transact freely? I'd argue Bitcoin. It's the only thing you can truly own and no govt can seize/steal from you. Let's say the USSA bans coinbase and all bitcoin wallets, forces CBDCs/social credit scores/etc....worst case scenario right? You can memorize your 12 words and move to a bitcoin friendly country! It's the ONLY thing that can accomplish that task! gold/silver/dollars/drugs/guns/ammo will all get seized at the border. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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