Oddbean new post about login | logout https://cryptoslate.com/tether-has-frozen-435m-usdt-for-u-s-doj-fbi-and-secret-service/
@ODELL tether looking more unruggable by the day. Becoming a state proxy means tether will be backed by men with guns. Good for state actors but bad for privacy maxis. But can plebs really work their way up without capturing profits? The plot thickens.
Core is at least untouchable; everything else is exploitable and can be expropriated. #BTC
Looks to me like if you are not using tether for child trafficking, Cartel drug money laundering, Or sending payment to Hamas you are probably safe. Also using platforms that are non exchange swap token will also be safe.
We're at the inception of the "Then they fight you" stage. They will barricade entries and exits to stymie Bitcoin adoption through unjust political measures, resorting to coercive actions and whatever means they deem fit to delay the inevitable Sovereign Age.
Yeah, I don’t ever see a collapse of every government in the world. I do see bitcoin becoming base layer money that needs no government, But not an inevitable end of all states. Like maybe in 1000 years when AI is the primary population, But definitely not in my or any person alive today’s lifetime. If you are alive you need FIAT and bitcoin is a luxury.