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It's one thing for the US government to surveil people using dollars. Dollars are fiat currency issued by the United States. Generally speaking, governments hav
by therealbilly 5y ago
It's one thing for the US government to surveil people using dollars. Dollars are fiat currency issued by the United States. Generally speaking, governments have long controlled the manner in which citizens use fiat currency...for good or evil. Bitcoin is not issued by the US government. Bitcoin is not under US government control. Therefore, the government has no nexus or connection to Bitcoin. Meaning the government should not be able to put restrictions on something that they did not issue or control according to first principles. Obviously the government is attempting to overrun existing case law and establish a dubious level of control over Bitcoin. We should remember that governments control their citizens by many means, and that includes how they use fiat money.