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21312909 No.21312909 [Reply] [Original]

How well will crypto fair against some kind of eventually rally against it? A lot of people are hodl, long term, 5 years or more. I have to think eventfully the powers that be, will launch a big media campaign against it. Executive orders could be signed, etc, etc. How does it fair once they try to bring the hammer down? They will connect it to human trafficking, tax dodging, and anything else. What do you do once it's made illegal in your country? With the world shifting more toward communism and socialism and other strict authoritarian ideologies, how will "le uncontrollable money" fair vs fragile socialists government who will see outside influence as a threat? tl;dr I don't see how communist fragility can co-exist with outside influence, namely crypto. Eventually the owners of the world will declare it as become the news' next new "fear plaything" boogie man. Just like drugs, guns, etc, etc.

>> No.21312984
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21312984

>>21312909
My biggest fear is that fucking commies are going to take away my gains.

>> No.21313552

Guns + bitcoin isn’t as confiscatable as other assets like real estate and gold or move to countries that are welcoming to rich people like Bahamas etc

>> No.21314039

>>21312909
Bitcoin is traceable and under bilderberg control. Only coins they will be coming after are privacy coins without backdoors.