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RE: Steemit on Hacker News: I'm Commenting Too Fast!
I hope you are right, ranger.
Can someone please answer me this? ( I have asked it before, but just get airy fairy replies).
If the US government, made owning bitcoin(all crypto), illegal -tomorrow, (like they have already done last century, with gold), and they gave a forced exchange rate to get dollars in return.
What would happen?
Actual, practical mechanics- not airy fairy principles, please.
Thanks
Personally I hold my private keys in a hardware wallet. They at this point would not know I had any BTC. Then perhaps with TOR I could still manage to trade on foreign exchanges. They can attempt to ban BTC but I think it will work out about as well as the ban on Weed.
I hope that is not to airy.
no- thanks - not at all. cheers mate.
We the people make the law, and bitcoin is by-the-people-for-the-people, as is all cryptocurrency which uses code-is-law type enforcement to ensure anonymity, privacy, and security.
We will ignore unjust law, and do what is good and right, according to our own minds and wills. We are free, no matter how brutally and violently other people try to oppress us and attempt to force us to obey.
We are always truly above law, for law is weak and law crumbles to our constant desire for true freedom and liberty.
can I come live on your planet please? It sounds much nicer. lol
It is much nicer when the people make the law, and it's nicer when it's easier to forbid a person from entering politics or making a law than it is the opposite. It's always nicer to have full audits of every single person who becomes a police or politician, and we have knowledge of everything they do, as far as lawmaking and government go.
Politicians have no power here. We the people have power instead.
if we could have the same system here, that would be great !
Anyone with a substantial amount of money in their 'Wallet' should feel like a sitting duck after your comment.
I often ponder what will happen if some midnight-hour law passes, and people's crypto accounts are frozen until further notice.
I don't think they foresaw this 'new' monetary concept blowing up the way it has.
Peace.