Post
Topic
Board Bitcoin Discussion
Re: There Is No War Against Bitcoin! Stop The Fud!
by
deisik
on 29/07/2019, 06:41:40 UTC
I see many users talking about how USA government and Trump declared a war against Bitcoin! No, they didn't. Listen their message again! They declared a war against the criminals who are using bitcoin for illegal activities. A huge difference!

It doesn't mean anything

They can use a whole arsenal of indirect methods to hurt Bitcoin if they really wanted to (and they do). Obviously, fighting Bitcoin directly may be counterproductive (it's like banning the law of gravity), but I wouldn't be overly optimistic about their real intentions. In short, if they can kill Bitcoin, they will do it without thinking twice, ever, as it is a competitor to the dollar hegemony (what your post is about). In this manner, a war against criminals using bitcoin for illegal activities is in fact a war against Bitcoin itself

This is true. But if the Trump Administration can add 25% tariff on China and other idiocy, there is nothing to say they could not ban all exchanges in the USA or other methods an attempt to kill bitcoin

Let's just hope that Trump gets kicked out from the White House in 2020

Regarding using the IRS to reshuffle old tax payments, isn't there a 3-year limit within which they can do that? Or it depends on the kind of income and the reason for rechecking, like money laundering or whatever? I don't know as I don't live in the US but I remember reading something like this. For example, in Russia any income not taxed within 3 years basically becomes tax-exempt due to the tax limitation period