Don't Regulate Bitcoin If you want #Bitcoin regulated by the State; Y ...neopatriarch (60)in DBuzz • 2 years ago Don't Regulate Bitcoin If you want #Bitcoin regulated by the State; You don't really want #btc; you actually want something else altogether. Perhaps #CBDC Posted via D.Buzz #bitcoin #btc #cbdc
Bitcoin cannot be regulated.
It doesn't care about the laws of any State. You cannot threaten Bitcoin; you cannot hurt Bitcoin; there is no point of weakness from which enforce tyranny upon it.
Regulating Bitcoin is merely a euphemism for regulating people.
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I hope a big country like the USA doesn't try to do that.
When BTC falls, almost all altcoins fall 🤷
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All big countries, rather the ruling class, are motivated to oppose #Bitcoin especially when their control over people arrives from printing money.
Yes, the scam-coins follow the success of Bitcoin. If only they were as decentralized as BTC there might be equal alternatives.
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