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Well the key difference between cowrie shells and bitcoin is that the government can forcibly enter your house with guns and take away your cowrie shells. With

by Dig1t 1y ago

Well the key difference between cowrie shells and bitcoin is that the government can forcibly enter your house with guns and take away your cowrie shells. With Bitcoin, a SWAT team can’t take anything away from you without your consent no matter what. That fact is the value. Nothing tautological about it.

acdha 1y ago
> With Bitcoin, a SWAT team can’t take anything away from you without your consent no matter what. This is pure tautology. They can toss you into jail or beat you until you “consent”, and they can penalize any legitimate businesses who do business with you – Bitcoin is designed to make it easy for governments to do that because the public ledger gives them an unprecedented degree of visibility compared to cash.