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2023-11-21 20:19:50

sourcewire on Nostr: While I don't support Binance or CZ, the recent news along with Kraken and ETF news ...

While I don't support Binance or CZ, the recent news along with Kraken and ETF news got me feeling a kind of way. What is Bitcoins future?

- only highly regulated KYC'ed exchanges exist. All alternatives are squashed. Peer-to-peer trading outlawed
- ETF's play huge role in market
- public miners forced to censor OFAC sanctioned countries.
- all fiat gains incur major tax, because "you got lucky"
- self custody outlawed
- all transactions are taxable events, Bitcoins medium of exchange potential never takes off

Author Public Key
npub1whzghng0q9k7jzzl8rhn9s03mhgkxcv5h6edhxt8gdpfu05qkgkq20fxhd