FuckyWucky [none/use name]

It’s better to jail them, what’s the point of having money in bank accounts if you can’t access it?

That contrast is just

Chat is this real

Telegram is like CSAM and Nazi Central tbf. The place needs a purge, sucks that it’s capitalist states doing it, they will go after leftists too…

History started on February 2022 for Russia and Ukraine and October 7th for Israel and Palestine.

Hey, humans put those tags on sheep. Republicans do it to themselves.

gooners

deleted by creator

its ‘decentralized’ copium

Yea and why cryptocurrency isn’t money with its exchange rate being determined by how much fiat currencies are entering and exiting.

OK, two cryptocurrencies as legal tender. My point still stands. If you give people a choice between crypto and fiat they will use fiat, even if it’s a foreign currency like the Dollar in El Salvador.

The solution for El Salvador or any other country using a foreign currency isn’t to go with another foreign “currency” like Bitcoin but building their own currency.

El Salvador had their own currency until they gave it up because their leader back then was a US Puppet.

Sole legal tender.

Edit: I dare them to pay all Government employees in Bitcoin, demand taxes be paid in Bitcoin. It would be a funny experiment if it weren’t for mass unemployment and deaths that arise out of a recession.

It would be funny trade wise too. No other country is going to accept Bitcoin as payment for real goods and services. So, the country will have to convert Bitcoin to USD at market price (which can swing wildly) and also hope the market has enough liquidity to handle it.

money has to be backed by the state so if bitcoiners really want bitcoin to be used in everyday transactions, i would suggest running for President and replacing U.S. Dollar with Bitcoin for tax payments/legal tender.

how will the state obtain Bitcoins? by building massive resource wasting mining farms which itll have to issue bitcoin bonds to build, making the state subservient to the private bond markets and interest rate it demands, Greek style.

there is massive plague and the economy has collapsed? what will the state do? cant give people money or increase healthcare spending because the capacity of the state to mobilize resources is now limited by what the private sector is willing to give it or how much it can mine. oops mass death.

bitcoiners have to be dumbest creatures alive. these people can’t imagine a pro-Worker Government so they have to come up with convoluted ways to tie the hands of the state so it cant give capitalists free money.