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Notes by Daniel Morais | export

 Sometimes people ask me, “what if American bans bitcoin like they did for gold?”

1) That’s... 
 With or without memes, congress passed the COVID stimulus package called the CARES Act in March 2020 with bipartisan approval where 434 out of 435 representatives voted yes (the exception being Thomas Massie). 

We all know the perverse effects that the stimulus package caused to the economy yet whoever were against were considered a bad person. That pressured several representatives to vote in favor of the aforementioned act.

Having sensible representatives that understands deeply each bill passing trough their desks would be desirable but this is not the reality we live in.

It doesn't matter what age we are in or what information we have in hands. Doesn't matter what representatives we have in congress. Eventually bad policies will pass trough because of political pressure, emergencies or even emotional over reason.