Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Precious metals are no longer a Schelling point because of the technology that governments have now, metals can no longer be moved without being confiscated. Gold and silver are under the control of nation-states, but Bitcoin has jurisdictional arbitrage and cant be controlled by any partial grouping of nation-states.

Once again you have gotten your facts 100% opposite of what they are in reality. It's ORDERS OF MAGNITUDE more cost effective to create and run a police state in cyberspace than in the physical world. So, no, metals are not at risk because nobody can afford to create a police state monitoring what everyone does in the physical plane, but they can easily do so for the digital one. You're using the govt's own infrastructure in the first place. Please do not try to pass off such statements that are laughable at face value as facts.

Shitcoins are the ones at risk due to having no valid Schelling point and ease of govt clamp down, not metals. If the govt attempts to outlaw silver and gold, they do not cease to exist. They still exist and have value. Since shitcoins have no intrinsic use or value, a govt clampdown destroys them. They're completely worthless. And yes, Kaczynski was right no matter how much you attempt to pretend he was not. The most oppresive forms of tyranny will manifest from the digital plane, not the physical one, due to the cheaper cost and ease of creating and running those systems as I mentioned above.

Only a complete fool would embrace these digital slave systems over sound money - physical silver and gold.

Gov are provenly good clampingdown physical ownerships. No chances for any PM here. Shop owners are at risk.

Its harder or impossible to clampdown IP or virtual bearer instruments. Use Bitcoin and brainwallets, how is that stoppable better than PM?

No...they are not. First of all, nobody on the right or left gives a damn what govt says anymore. Even back when people respected govt, barely anyone turned in their gold when they tried to confiscate it. So whether the govt attempted to move against shitcoins or metals, they are unable to do either with voluntary compliance. They're required to use force in both cases. The only force they're required to use against shitcoins is knocking on the door of the exchanges, giant mining facilities, or ISPs and filtering out the non-obfuscated traffic. It takes them barely any effort or force to obliterate shitcoins. It takes them a WHOLE LOT of effort to physically attack everyone roaming the planet to confiscate their physical metals.

I've talked to numerous people from TBTF bankers to low level celebrities that make up the system. All of these people with any passing interest in shitcoins know who both Anonymint and I are, and pretty much all of them agree with me, except maybe random people like Ashton Kutcher, that whoever holds physical metals in the future makes the rules, not shitcoins. So in any argument of r0ach vs Anonymint, it's basically r0ach + the entire rest of the planet vs Anonymint and Ashton Kutcher. Choose what side you want to be on for the conclusion of this fight.