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CBDCs such as the proposed BritCoin, which implement programmable suicide pacts (holding caps, limits on what can be purchased/sold) must be rejected. You have
by pjkundert 4y ago
CBDCs such as the proposed BritCoin, which implement programmable suicide pacts (holding caps, limits on what can be purchased/sold) must be rejected.
You have 2 choices — and one of them isn’t to not use “Crypto”.
Your choices are:
- do I hold only government controlled Cryptocurrencies, or
- do I hold Cryptocurrency that I control, and cannot be destroyed by my government at their whim?
- deleted 4y ago[deleted]
- ihatepython 4y agoYou are a fool if you think the government will allow any other cryptocurrency that they do not control.
- pjkundert 4y agoWell, I’d rather be considered a fool and give my children a chance to be free, than be considered wise and force them to live as slaves.
- ihatepython 4y agoIf you want your children to be free, then the solution is to eliminate direct taxation. "No taxation without representation" was one of the slogans of the American Revolution. The problem is taxation. A digital currency allows the government to tax everything you do. Government will simply confiscate any digital currency that competes with theirs.