Post
Topic
Board Bitcoin Discussion
Re: BITCOIN IS NOT A STORE OF VALUE
by
NotATether
on 05/09/2022, 08:50:37 UTC

we are going to a future where everybody in the world has access to electricity and the internet (Bitcoin cannot be censored).
So Bitcoin was literally created for the future.


This is where you have utterly parted with reality.

How can you be so ignorant about the distant future?

Just because you're distracted by short term events doesn't mean that global trends are not happening.

Fun fact: Most countries in the world have some kind of 3G penetration including developing countries.

Heck, Starlink can already penetrate any part of the world, the only reason everyone's not using it yet is because of ancient international treaties related to telecommunications frequencies.

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Again, you are thinking like someone who is stuck in the past. This isn't 1940 anymore where your energy source is at danger to an invading country.

History has shown us that the defeated party is the one that is stuck in the past (Eg. 19th century Ottomans, 20th century French with their post-WWI obsolete army, Hitler with his complete disregard for nuclear weapons).

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All one has to do , to censor bitcoin is a phone call.
Governments official call operator of mining pool, you are breaking AML/KYC laws the following transactions will be censored or you will be imprisioned.
Government office call ASIC mining warehouses, you include any transactions to blacklisted addressed and we will cut the power to your warehouse.

They already did that in China and other countries. Why do you think that BTC is still fine a year later?

They'll just move to El Salvador, USA (yes in case you forgot it's not an authoritarian dictatorship) and other havens.