4 ms·
Governments have demonstrated that they do not have to accept their own currency [0] and have demonstrated a willingness to drive the value of their currency do
by vageli 4y ago
Governments have demonstrated that they do not have to accept their own currency [0] and have demonstrated a willingness to drive the value of their currency down. [1]
[0]: https://en.wikipedia.org/wiki/2016_Indian_banknote_demonetisation https://en.wikipedia.org/wiki/2016_Indian_banknote_demonetis...
[1]: https://en.wikipedia.org/wiki/2018%E2%80%932022_Turkish_currency_and_debt_crisis#Presidential_interference_with_the_central_bank https://en.wikipedia.org/wiki/2018%E2%80%932022_Turkish_curr...
- throwanem 4y agoFortunately, one side effect of being long BTC is that the owner of the position becomes immune to bullets, batons, laws, liens, and civil actions.