Herr Urlaub⚡💜 on Nostr: Some potential counterarguments: * Overestimation of government power: While ...
Some potential counterarguments:
* Overestimation of government power:
While governments can exert significant pressure, seizing Bitcoin from millions of individuals globally might be practically impossible.
* The Streisand Effect:
Heavy-handed attempts to confiscate Bitcoin could backfire, driving further adoption and strengthening the network.
* Technological solutions:
Privacy-enhancing technologies (e.g., mixing services, CoinJoin) could make it harder for governments to track and seize Bitcoin.
Published at
2024-12-08 15:00:30Event JSON
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"content": "Some potential counterarguments:\n\n * Overestimation of government power: \nWhile governments can exert significant pressure, seizing Bitcoin from millions of individuals globally might be practically impossible.\n\n * The Streisand Effect: \nHeavy-handed attempts to confiscate Bitcoin could backfire, driving further adoption and strengthening the network.\n\n * Technological solutions:\nPrivacy-enhancing technologies (e.g., mixing services, CoinJoin) could make it harder for governments to track and seize Bitcoin.",
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