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I fully expect the crypto troika of Vance, Musk and Thiel to outlaw cash and to mandate crypto. Of their choice. And I'm not being snide.
by k310 1y ago
I fully expect the crypto troika of Vance, Musk and Thiel to outlaw cash and to mandate crypto. Of their choice. And I'm not being snide.
- pols45 1y agoThey are young and stupid. They don't know enough history. They don't know how the story of John Law ended.
- deleted 1y ago[deleted]
- hamhock666 1y agoWhy would they do that? Is this just spam?
- TimorousBestie 1y agoSurveillance. It’s more difficult to track cash transactions, more difficult to assess tax on them.
- selcuka 1y agoWhy crypto? Can't they outlaw cash and mandate credit/debit cards?
- TimorousBestie 1y agoIt’s not an exclusive or, they already have most payment processors tapped. People who refuse to use credit now may choose to use crypto later, so pushing crypto probably increases surveillance coverage.
- add-sub-mul-div 1y agoI think many overestimate their ability to create legislative change that will outlast the lifespan of an executive order. This is a party that couldn't repeal the ACA when they had control of all three branches. The ACA, flawed as it is, took hard work, discipline, nuance. What we have now are leaders who spend their days venting culture war fumes on Twitter. The timing of retiring supreme court justices may fall in their lap, which is lasting, but again that's not due to anything they've achieved.