Quote from: cAPSLOCK on Today at 07:00:42 PM

The only fear I have right now is, as an American, our stupid government is more likely to knee jerk and fuck up than I would like to think.

What they going to do?

Are they going to end up scaring bitcoin outside of the US? Is there going to be any kind of distinction between Bitcoin and shitcoins? or is that going to be part of the upcoming mistake?

Quote from: goldkingcoiner on Today at 07:31:30 PM

Quote from: JayJuanGee on Today at 06:22:09 PM

Quote from: LFC_Bitcoin on Today at 11:24:39 AM

*tweet quotes from the same guy with 323 followers*

I am not sure if Russia will be able to keep bitcoin under wraps as much as those various law announcements seem to require. Russia is saying that using bitcoin is o.k. so long as you do it under their rules and through their official systems... but if you try to use bitcoin as it was intended (for kinds of private peer to peer transactions), then that would not be legal.

Good luck with that.

Of course, the Russian govt likely knows their people and culture way better than some kind of outsider like yours truly - yet I am thinking that maybe the Russian govt feels that they have to frame their laws of "opening up to bitcoin" in those kinds of ways just to kind of keep some potential level of control over the whole thing?

From what little I know, I still have my doubts about the extent to which Russians are complying kinds of people (culture). They seem to be the opposite. They do not really like to follow rules, and so maybe that is why the Russia Govt has to appear so tough? We will see how it plays out, and I doubt that a government can ONLY make bitcoin acceptable for the elites and rule followers to the extent that they seem to have some target audience of "model citizens" that they are considering would follow the dictates.

I think the same goes for the whole world. Even China. Legal, illegal, that does not matter. Bitcoiners won't give up being Bitcoiners. If anything this "Russia wants to adopt Bitcoin" ~~fud~~ LCB is doing great things for the Bitcoin price already.

There might NOT be a lot of difference between what we are saying, if I understand you correctly, even though after googling it, I am not really sure what LCB is.

Maybe the part that we seem to agree upon is that ultimately, the outcome ends up playing out the same in terms of attempting to control King Daddy - but it is likely better to embrace it rather than fighting it. At the same time, I cannot really appreciate that some of the nuance of getting to the "and then we win" stage remains a lot of people are likely going to get hurt along the way.. some of those people more innocent than others.

So, I do believe that there is some value in attempting to appreciate how the various cultural variances play out, even if we might have differing perceptions regarding how the game theory might play out in one jurisdiction versus another, and surely many of us relatively earlier adopters hope that we do not end up being casualties towards any of the various kinds of pushback that likely play out, whether it is government actors or traditional rich folks or traditional financial institutions (private sector) that strive to put us in our place in a variety of ways.

I have not traditionally considered government to be the bad guy, even though in recent times, we have seen a lot of examples of various ways that they can fuck things up, and there does seem to be a decent amount of narrow interests who seem to be controlling various aspects of government - which has likely always been the case, but some of the various blatant contradictions have been create quite a few tensions with me in recent times, and likely there are a lot of folks (beyond yours truly) who are reassessing the various ways that they can survive and potentially thrive in spite of many ways that their own abilities and options are being challenged.. and maybe also questions regarding whether bitcoin can fix some of this and how do I hold and manage my own keys in such a way that I will be helped by bitcoin rather than becoming some kind of casualty or example that status quo "powers that be" seem to need from time to time.