Current governments are set in a way, they not only can't use #Bitcoin, they can't even talk about it or support it.
Even if their intentions are good, they have to be on fiat standard.
Even economists are saying it's like they're on hard drugs (which is debt). If you take away fiat money from them, they will die (US debt default). And if you want to do it without them dying, you need to do it very slowly - in this case, decades worth of slowly.
Uncomfortable truth is, Bitcoin is a threat to the US government. If people start to use it more than Dollar, government can't function.. or they'd have to rise taxes to something ridiculous, like +50%..
They can't print Bitcoin, so they can't use it. Everything would have to change around it. So it's either a soft ban or *all in* to be first big country to adopt it.
Neither changes the fact, it's the best money and with printing of other currencies, Bitcoin will appreciate in value.
Longar
npub1my…ry06a
2023-04-04 23:13:31
in reply to nevent1q…cef5
Author Public Key
npub1myv9zexm4u0rd2zkhru8t8u0f7e4jsk6y2av0t7px8y3qv2trakqmry06aPublished at
2023-04-04 23:13:31Event JSON
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"content": "Current governments are set in a way, they not only can't use #Bitcoin, they can't even talk about it or support it.\nEven if their intentions are good, they have to be on fiat standard. \nEven economists are saying it's like they're on hard drugs (which is debt). If you take away fiat money from them, they will die (US debt default). And if you want to do it without them dying, you need to do it very slowly - in this case, decades worth of slowly.\nUncomfortable truth is, Bitcoin is a threat to the US government. If people start to use it more than Dollar, government can't function.. or they'd have to rise taxes to something ridiculous, like +50%..\nThey can't print Bitcoin, so they can't use it. Everything would have to change around it. So it's either a soft ban or *all in* to be first big country to adopt it.\nNeither changes the fact, it's the best money and with printing of other currencies, Bitcoin will appreciate in value.",
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