Oddbean new post about login | logout Yup. So then what’s the play when we see EO6102 events or regs that prevent hold keys in qualified accounts (similar to PMs) or _____? They’re going to try to force everyone into their bolshevik banking cartel approved custodians or else. Do folks really think you’re going to have a parallel black market economy with their non-KYC stack? That seems naive. It will be pretty easy for the man to programmatically hunt and kill in the era of AI and 8k fresh IRS agents. So it seems like one either needs a side pot or a trusted custodian with a shared worldview or be faced with leaving the country or achieving second passport with a way to repatriate offshore investment earnings (assumes min level of wealth) or some other hack that I’m not smart enough to figure out yet. Or we continue to slug it out earning fiat till the inevitable rise of BTC and the USofA sees the orange light… that ain’t gonna happen until after a lot a lot a pain (GDII, war, famine, CBDC, etc). What can we do to preemptively get ahead of these possible attack vectors? Maybe high profile folks like Lynn don’t wanna go on record discussing which I understand. Anyone? Anyone? Bueller? Buuueler?
Come and take it is what we say.
For sure. But like it or not…we’re out gunned both figuratively and literally. When BTC goes to 1mm demand will produce a solution to the inevitable onslaught but why not get ahead of it now and create the instrument/solution so we’re not scrambling and can include those with smaller stacks before shit gets real and economic pressure forces their hand. Do y’all really think BTC is gonna hit critical mass that will usher in such solutions before the institutional and gubment creates conditions to squeeze out the majority. I don’t wanna be part of a BTC minority when it moons. I want the masses. That’s the only way we win.
I saw your note only now. I have the same worries. I'm currently reading this book https://vonupodcast.com/free-vonu-book/ It discusses some options. It is interesting how everything is still valid or worse. But better in that we have Bitcoin and Nostr...
Took a listen to that book today. At first glance Im not sure that this dude's values would align with my priorities of being intentional about community, family, church, etc. However, I appreciated the escape hatch ideas. Im more interested with how to create financial instruments and/or align with larger financial institutions who are aligned in worldview with the aim of creating solutions to navigate the seemingly inevitable events to come so we can stay put and fight the good fight. @GulagBound and nostr:npub1zleyq5x90ssge0mjf0fquy5dd0n0z3tytqtfddzvgvh0j54e8k2sxypppaseems to be of the same mind.