Oddbean new post about login | logout The Minneapolis Fed paper is even more bullish than the ECB paper. They want to get rid of Bitcoin purely so they can run deficits and their ideas are banning it or imposing something like a land tax on it. Hahaha bitch do it. Show your hand, prove the Maxis right, and do it in such a way that you could never hope to enforce it. DO IT!
there will come a time when they will try to "buy back" your bitcoin
Some governments definitely will. Others - the ones with the dumbest leaders who will be the last to grok Bitcoin and thus move so late they’ve basically guaranteed a lost century - will move straight to violent coercion of people on KYC lists. What a time to be alive!
https://media1.tenor.com/m/QRU-MWImajcAAAAC/do-it.gif
what's most hilarious is that they will focus on the whales trying to enforce it and they all will literally move out of their reach and the cost per yield of stolen bitcoin for the minnows and shrimps and krill will be net loss for them and they really will catch very few at all so, LFG, bring on the grand theft bitcoin attempt it's only going to bankrupt them, i can think of ways to DoS their administration too, if they do really need a lesson at this point
It seems to me the problem is not with bitcoin directly but with private property in general. Its almost as if they share some type of political belief that the state should own everything in order to bring equity to all...🤔
