
08-04-2021, 08:37 AM
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Fire Giant
Join Date: Apr 2019
Location: Norrath
Posts: 583
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Quote:
Originally Posted by Castle2.0
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Compared to crypto, gold was easy to confiscate. You can keep a 12 word phrase in your head and a government can never touch your crypto.
Whoever overregulates crypto, like China, will lose out.
They can tax it, they can ban mining it, but they can't ban holding it. They can get away with trying to tax it like stocks or other investments. If they try to use taxes to kill it, good luck.
There are decentralized exchanges, like uniswap, where people can buy and sell without a trusted third party. It's a protocol. The government has no one to go to ask for personal data - none is collected.
There are privacy coins like Monero and Firo. Some don't show who sent, who received, or how much was sent.
The Laffer Curve for crypto is heavily bent against the government. That's good because it will keep taxes low.
FTC currently reporting stock scams. All stocks aren't legit, especially OGs like Coke an Disney. Stay out of the stock market to be safe.
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Holy crap man you are like a walking talking version of the dunning-krueger effect
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Hey CSR When Will PNP Rule 14 Be Enforced?
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