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Interesting development... Why exclude Bitcoin in all of this? is it unlike other cryptos in it's 'unknown ICO'? What makes bitcoin a commodity, vs. Solana, Ca
by TrapLord_Rhodo 3y ago
Interesting development...
Why exclude Bitcoin in all of this? is it unlike other cryptos in it's 'unknown ICO'? What makes bitcoin a commodity, vs. Solana, Cardano and Polygon being securtys. Is it the distribution of tokens, method of ICO, tech stack?
Snowden showed us the US gov has complete worldwide monitoring, so there's no way they don't know who satoshi is/ was/ were... There's some unknown POI, with $56B and you don't think the CIA and FBI aren't extremely concerned about that person. People always pointed towards bitcoin as being used for 'Money laundering' but its the perfect honey-pot. It's not private, it's completely public and i can tell exactly where and how you interact with the chain. So many idiots think, 'bitcoin's private! let's launder money through it in a super stupid way that still hits all the KYC flags. Oh, your wallet uses tornado cash wash? all incoming and outcoming wallets are now flagged.
Why didn't the US ban Bitcoin out the gate?
It's not like they US doesn't have presidence here. They shut down and put in jail previous creators of 'internet money'.
China (Who also has world-wide monitoring) was also extremely fast in noticing it. in 2013 with a market cap of 1.3b, they banned it while the US was completely apathetic.
BTC was created by the CIA. There, i said it.