Re: Bitcoin is more real than money in the Bank

Quote from: Pokapoka124 on July 21, 2021, 09:55:44 AM

Few years after forcing everyone to take their gold to the bank, the US president, Nixon in 1971 stopped everyone from having the right to convert their gold to fiat. Isn't that stealing? Government resent bitcoin because they can't control it like they did in 1971. Very soon, it will be illegal to own bitcoin in some countries, not because bitcoin is bad, but because bitcoin gives you the power to own your money. Bitcoin is more real than your money in the bank. Be your own bank by investing and learning about bitcoin.

https://www.federalreservehistory.org/essays/gold-convertibility-ends

Of cause, that is the whole reason behind all these different Country Governments agitating against Bitcoin because they know that they will not be able to control what the people have and with that not in their hands, the people are kind of free or somewhat financially independent. I believe that with the level of Institutions and personalities involving in Bitcoins Investment nowadays, it will be a bit more difficult for the government to fully proscribe Bitcoin as illegal.