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Coinbase is not decoupled from government
by terse_malvolio 6y ago
Coinbase is not decoupled from government
- silentsea90 6y agoIt certainly isn't. Hence, we will continue to have taxes and regulation. However, the BTC mantra is "not your keys not your coin". So if you leave it on Coinbase, you are welcoming attack by nation states to confiscate your cryptocurrency. This isn't an imagined threat. The confiscation of gold by FDR was a very real event that forced citizens to sell gold to the Government at a fixed price (of USD that the state printed at a whim) https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102