It's kinda clear. For now, the US government (Executive Branch) is cracking down on cryptocurrency.
Unlike the SEC's Gary, who taught a Blockchain course at MIT, they do not make any distinction between Bitcoin and other cryptocurrencies. Actually, Bitcoin's censorship resistance compared to other cryptocurrencies' lack of such is just another reason to fear it.
Swan is debanked in Texas (TX is also facing trouble from an anti mining bill now that like 1/3 of the world's hashrate is there. Not really, but maybe 1/4, what gives TX)
Anyway, so how are we gonna buy? Peer2peer local Bitcoins-like sites? They are going to face a liquidity crisis and the US will be like Nigeria where we are paying wayyyy over 'normal' Bitcoin price.
Timechain
npub1ad…lcp6a
2023-04-09 15:47:27
Author Public Key
npub1ad3er904fxf3ee3u04tquvkcscu0tw752sqz38dh2ctwxxrz59rqjlcp6aPublished at
2023-04-09 15:47:27Event JSON
{
"id": "359e84900d8798b50711b97dcc8d60ac7228f7d3092c6fd29662d01ebdae5c26",
"pubkey": "eb639195f549931ce63c7d560e32d88638f5bbd45400289db75616e31862a146",
"created_at": 1681055247,
"kind": 1,
"tags": [],
"content": "It's kinda clear. For now, the US government (Executive Branch) is cracking down on cryptocurrency. \n\nUnlike the SEC's Gary, who taught a Blockchain course at MIT, they do not make any distinction between Bitcoin and other cryptocurrencies. Actually, Bitcoin's censorship resistance compared to other cryptocurrencies' lack of such is just another reason to fear it.\n\nSwan is debanked in Texas (TX is also facing trouble from an anti mining bill now that like 1/3 of the world's hashrate is there. Not really, but maybe 1/4, what gives TX)\n\nAnyway, so how are we gonna buy? Peer2peer local Bitcoins-like sites? They are going to face a liquidity crisis and the US will be like Nigeria where we are paying wayyyy over 'normal' Bitcoin price.",
"sig": "715c7c334358e4179fae6d40225b03765d076d02f2b7a6d021cdfbaa1ad335522ab2f2b943bafd737212ee8d3d41dd2e96678633b0c6fbb5dca1302d1beae3b8"
}