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BITCOIN

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  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Hexane said:
    Type_45 said:
    Scottex99 said:
    Of course they aren't, that should be a given.

    They have no control over it and can't outright ban it. If they make it so annoying to use, people will just leave and go to Portugal, Gibraltar, Dubai, Miami etc
    The government will then be able to allow you to pay products it wants you to buy, and it can block you from buying products it doesn't want you to buy.

    The government can already block us from buying products it doesn't want us to buy, like class A drugs or fully automatic firearms or vehicles that don't come with certain safety features or certain types of Chinese network communications equipment. The government doesn't need a cryptocurrency or anything else of the sort to stop us buying any of these things.

    As for government cryptocurrencies controlling how much petrol we buy, the government are already capable of rationing petrol just as easily as they're capable of telling supermarkets to sell or not sell greetings cards or "encouraging" them to limit people to two packs of pasta at a time. No government cryptocurrency needed.
    You can currently buy things with cash. Cash will be absolished. 
  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 29 June 2021 at 2:54PM
    Doubters should read this to get an understanding of Bitcoin: https://bitcoin.org/bitcoin.pdf

    Then "Layered Money", then "The Bitcoin Standard", then "The Bullish Case of Bitcoin".

    If that doesn't orange pill you, or at least open your mind up, nothing will.
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    No alternative text description for this image

    6 Trillion "Infrastructure Plan" coming...
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    eskbanker said:
    Type_45 said:
    When the digital GPB comes in (Bank of England crypto) cash will be abolished.
    Type_45 said:
    You can currently buy things with cash. Cash will be absolished. 
    Pretty sure we've been round this loop before but what actual evidence do you cite for this assertion?


    Same evidence I had when I've known since March 2020 that Covid came from the lab even when all the "journalists" and "scientists" brainwashed the rest of you that it came from bat soup:  I have a brain and I use it.


  • Hexane
    Hexane Posts: 522 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Type_45 said:
    Hexane said:
    Type_45 said:
    Scottex99 said:
    Of course they aren't, that should be a given.

    They have no control over it and can't outright ban it. If they make it so annoying to use, people will just leave and go to Portugal, Gibraltar, Dubai, Miami etc
    The government will then be able to allow you to pay products it wants you to buy, and it can block you from buying products it doesn't want you to buy.

    The government can already block us from buying products it doesn't want us to buy, like class A drugs or fully automatic firearms or vehicles that don't come with certain safety features or certain types of Chinese network communications equipment. The government doesn't need a cryptocurrency or anything else of the sort to stop us buying any of these things.

    As for government cryptocurrencies controlling how much petrol we buy, the government are already capable of rationing petrol just as easily as they're capable of telling supermarkets to sell or not sell greetings cards or "encouraging" them to limit people to two packs of pasta at a time. No government cryptocurrency needed.
    You can currently buy things with cash. 
    Yes, I can, but not things that the government doesn't want me to.
    Type_45 said:
    Hexane said:
    Type_45 said:
    Scottex99 said:
    Of course they aren't, that should be a given.

    They have no control over it and can't outright ban it. If they make it so annoying to use, people will just leave and go to Portugal, Gibraltar, Dubai, Miami etc
    The government will then be able to allow you to pay products it wants you to buy, and it can block you from buying products it doesn't want you to buy.

    The government can already block us from buying products it doesn't want us to buy, like class A drugs or fully automatic firearms or vehicles that don't come with certain safety features or certain types of Chinese network communications equipment. The government doesn't need a cryptocurrency or anything else of the sort to stop us buying any of these things.

    As for government cryptocurrencies controlling how much petrol we buy, the government are already capable of rationing petrol just as easily as they're capable of telling supermarkets to sell or not sell greetings cards or "encouraging" them to limit people to two packs of pasta at a time. No government cryptocurrency needed.
    Cash will be absolished. 
    Right, so nothing will have changed as to what I can and can't buy.
    7.25 kWp PV system (4.1kW WSW & 3.15kW ENE), Solis inverter, myenergi eddi & harvi for energy diversion to immersion heater. myenergi hub for Virtual Power Plant demand-side response trial.
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Hexane said:
    Type_45 said:
    Hexane said:
    Type_45 said:
    Scottex99 said:
    Of course they aren't, that should be a given.

    They have no control over it and can't outright ban it. If they make it so annoying to use, people will just leave and go to Portugal, Gibraltar, Dubai, Miami etc
    The government will then be able to allow you to pay products it wants you to buy, and it can block you from buying products it doesn't want you to buy.

    The government can already block us from buying products it doesn't want us to buy, like class A drugs or fully automatic firearms or vehicles that don't come with certain safety features or certain types of Chinese network communications equipment. The government doesn't need a cryptocurrency or anything else of the sort to stop us buying any of these things.

    As for government cryptocurrencies controlling how much petrol we buy, the government are already capable of rationing petrol just as easily as they're capable of telling supermarkets to sell or not sell greetings cards or "encouraging" them to limit people to two packs of pasta at a time. No government cryptocurrency needed.
    You can currently buy things with cash. 
    Yes, I can, but not things that the government doesn't want me to.
    Type_45 said:
    Hexane said:
    Type_45 said:
    Scottex99 said:
    Of course they aren't, that should be a given.

    They have no control over it and can't outright ban it. If they make it so annoying to use, people will just leave and go to Portugal, Gibraltar, Dubai, Miami etc
    The government will then be able to allow you to pay products it wants you to buy, and it can block you from buying products it doesn't want you to buy.

    The government can already block us from buying products it doesn't want us to buy, like class A drugs or fully automatic firearms or vehicles that don't come with certain safety features or certain types of Chinese network communications equipment. The government doesn't need a cryptocurrency or anything else of the sort to stop us buying any of these things.

    As for government cryptocurrencies controlling how much petrol we buy, the government are already capable of rationing petrol just as easily as they're capable of telling supermarkets to sell or not sell greetings cards or "encouraging" them to limit people to two packs of pasta at a time. No government cryptocurrency needed.
    Cash will be absolished. 
    Right, so nothing will have changed as to what I can and can't buy.
    Yes, you can buy things the government doesn't want you to buy with cash. 

    The government won't even know you're doing it. That's the beauty of cash.


  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Type_45 said:
    Hexane said:
    Type_45 said:
    Hexane said:
    Type_45 said:
    Scottex99 said:
    Of course they aren't, that should be a given.

    They have no control over it and can't outright ban it. If they make it so annoying to use, people will just leave and go to Portugal, Gibraltar, Dubai, Miami etc
    The government will then be able to allow you to pay products it wants you to buy, and it can block you from buying products it doesn't want you to buy.

    The government can already block us from buying products it doesn't want us to buy, like class A drugs or fully automatic firearms or vehicles that don't come with certain safety features or certain types of Chinese network communications equipment. The government doesn't need a cryptocurrency or anything else of the sort to stop us buying any of these things.

    As for government cryptocurrencies controlling how much petrol we buy, the government are already capable of rationing petrol just as easily as they're capable of telling supermarkets to sell or not sell greetings cards or "encouraging" them to limit people to two packs of pasta at a time. No government cryptocurrency needed.
    You can currently buy things with cash. 
    Yes, I can, but not things that the government doesn't want me to.
    Type_45 said:
    Hexane said:
    Type_45 said:
    Scottex99 said:
    Of course they aren't, that should be a given.

    They have no control over it and can't outright ban it. If they make it so annoying to use, people will just leave and go to Portugal, Gibraltar, Dubai, Miami etc
    The government will then be able to allow you to pay products it wants you to buy, and it can block you from buying products it doesn't want you to buy.

    The government can already block us from buying products it doesn't want us to buy, like class A drugs or fully automatic firearms or vehicles that don't come with certain safety features or certain types of Chinese network communications equipment. The government doesn't need a cryptocurrency or anything else of the sort to stop us buying any of these things.

    As for government cryptocurrencies controlling how much petrol we buy, the government are already capable of rationing petrol just as easily as they're capable of telling supermarkets to sell or not sell greetings cards or "encouraging" them to limit people to two packs of pasta at a time. No government cryptocurrency needed.
    Cash will be absolished. 
    Right, so nothing will have changed as to what I can and can't buy.
    Yes, you can buy things the government doesn't want you to buy with cash. 

    The government won't even know you're doing it. That's the beauty of cash.



    Awesome, I can go out and start slinging meth then. Chance of going to jail = zero as long as I don't use credit cards.
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