Quote from: BTCapsule on November 27, 2022, 11:17:24 PM

Quote from: Baofeng on November 27, 2022, 11:05:46 PM

Quote from: BTCapsule on November 27, 2022, 09:55:42 PM

Quote from: hatshepsut93 on November 27, 2022, 06:54:44 PM

Quote from: BTCapsule on November 27, 2022, 07:41:23 AM

The legal precedent is that encryption is a munition in the United States, and therefore protected by the Second Amendment.

Don't confuse people here, there is no such precedent.

Bitcoin is a digital currency. It's not a weapon, it's not a free speech mechanism. There's absolutely no way that any court would deem that Bitcoin is protected within the First or the Second amendment. If the US government has a precedent of seizing gold, why would it recognize the right to own Bitcoin as a part of the Constitution?

I dont mean to confuse anyone. This is not my analysis. The weapon position is from someone named Jason Lowery who works for the US Space Force. I do believe Bitcoin falls under speech because we have a 12 word seed phrase that gives us access to our property. Nobody can say we are not allowed to keep those 12 words in our head, speak those words, or write them down.

I really don't understand why people suddenly treat bitcoin like this, there is so much legality that makes bitcoiners more confuse.

In the beginning it was just that simple, you have your mnemonic phrase, and private keys then it's yours. We don't need to be like debating whether it is considered as a weapon or speech and what legal precedence is covered or not.

Bitcoin is for everyone, simple as that, this people just make it more complicated.

I agree that we dont need to be debating these things, but there are officials in the US military who are bringing up this debate.

I dont care what the precedence of anything is. The government still classifies tomatoes as a vegetable for tax purposes. I dont trust the government. But I have serious concerns about this, because Jason has implied mining is a weapon of mass mutual destruction. Of course he says its non-lethal and claims to love Bitcoin and want it to advance, but Im very uncomfortable with this idea.

Bitcoin is made for everyone and here we consider it an investment, a safe store of assets or a method of payment. As for the US military arguing and concluding what it is, we don't care and that doesn't make any sense here either. Who is the guy Jason? and who cares what he says? is he god? Why should we bother with what he says?

You just have to remember one thing, bitcoin is a great product created by Satoshi for us but what people use it for and for what purpose is up to them to choose. No one has the right to ban them.