U.S. Treasury Department says that DeFi and decentralized crypto markets threaten national security
(twitter.com)
-STRAIGHT UP PANIC MODE-
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Wrong. Its security of a nation. We need control of our own currency. Not digital crypto.
make no mistake
crypto is literally just the barter system to the government.
Whether you're trading goods and services for a horse or some crypto, the exchange occurred outside the purview of the government
THAT is the problem that they think all exchanges between private individuals is a threat to national security.
None of this has anything to do with crypto and has everything to do with the government's desire to monitor and control every aspect of every citizens life.
Totally. You said it perfectly
Article I, Section 8, Clause 5 of the constitution makes me believe that cryptocurrency is an unconstitutional form of currency. We should be able to use it but, it should never be a federally issued form of currency.
Wait? Isn't BTC entirely traceable? Lmao
Physically backed notes by metals is the only anonymous payment system
First of all, my point isn't anonymity
The government's assertion here comes down to exchanging goods and services using literally anything other than fiat (eggs, horses, copper, or even crypto) is a threat to national security.
The barter system threatens them because it means we don't need the government to allow us to spend their paper. It also means they can't stop us from exchanging if we barter with other goods or services.
TO address you're divergent point- any sufficient coin tumbler will provide you enough plausible deniability that if they get caught doing illegal shit, it won't be tracing the coins that did it.
when every bill and coin has a serial number on it, those aren't anonymous either, but anonymity wasn't the point.
Fyi. Your "tumbler" are actually called mixers.
Just a heads up. Those mixers are already going down and they are just charging everyone with computer fraud act. Then money laundering etc.
You know what I find weird? You all still set a fiat monetary value on Cryptos LMAO
The shilling will never end lol. Now they are punting dog whistle headlines like this to validate their reason to shill it. In agreement with you, idc if people "invest" in crypto, it will never be a national currency. It's just another argument to divide us that is completely outside of the goal of our movement. That's why its so effective.
It's almost like all of them didn't give away enough of their money in the last 5 months.
It's okay, I could easily tell it was the day crowd. A lot of knobs who know nothing about anything.
Crypto goooododododod heeewwwww
Lmao they are so dumb.
There's a boomer gloat thread going too, they will stop posting after 8pm. Nothing against boomers personally but it's another well poisoning thread
Recent posts will satisfy your faggot needs.
He says while starting an argument on a post about the goobermint trying to justify banning people from investing or otherwise using crypto.
Let people choose.
Haven't you seen enough of the"public" choosing for the last 3 years? How's those boosters and public opinion panning out?