Michael Saylor discusses current state of Bitcoin on Fox Business Channel

DerekJohnson

Everyone tells him he never smiles so he tries to smile in interviews now for a minute or so -- before giving way to the frown.

http://twitter.com/BitcoinNews2905/status/1721621491308007570

WestlinnDuck

This is the threat. World governments will not allow a transparent transfer of any currency, including crypto, if it starts to get competitive with a nation's fiat currency.

https://ace.mu.nu/

DerekJohnson

WestlinnDuck said:

This is the threat. World governments will not allow a transparent transfer of any currency, including crypto, if it starts to get competitive with a nation's fiat currency.

https://ace.mu.nu/

We saw with Prohibition that the government can't control everything

DerekJohnson

Also, the US government overall is actually embracing Bitcoin. The Biden White House is the primary enemy of it.

UWerentThereMan

WestlinnDuck said:

This is the threat. World governments will not allow a transparent transfer of any currency, including crypto, if it starts to get competitive with a nation's fiat currency.

https://ace.mu.nu/

And yet there is a flight to quality in many countries around the world where people with large and small sums of money have been storing their value in US dollars instead of their own governments' fiat for over a generation.

RaceBannon

UWerentThereMan said:

WestlinnDuck said:

This is the threat. World governments will not allow a transparent transfer of any currency, including crypto, if it starts to get competitive with a nation's fiat currency.

https://ace.mu.nu/

And yet there is a flight to quality in many countries around the world where people with large and small sums of money have been storing their value in US dollars instead of their own governments' fiat for over a generation.

We call that Beverley Hills real estate

UWerentThereMan

RaceBannon said:

UWerentThereMan said:

WestlinnDuck said:

This is the threat. World governments will not allow a transparent transfer of any currency, including crypto, if it starts to get competitive with a nation's fiat currency.

https://ace.mu.nu/

And yet there is a flight to quality in many countries around the world where people with large and small sums of money have been storing their value in US dollars instead of their own governments' fiat for over a generation.

We call that Beverley Hills real estate

And landscaping

UWerentThereMan

Although to West ducks point, DOJ went after Binance for a bunch of know your customer / anti-money laundering bullshit. And will continue to do so. They'll say it funds the jihadists, and the Canadian trucker terrosits, and the boogeyman under my bed.

All while pallets of cash and weapons go missing the world over, completely untracked, and the big banks service the cartels and pay their fines and consider it the cost of doing business.

The complaince departments they force lenders/banks to run, by law, never catch near the amount they cost the org to run which is a hilarious side point altogether.