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[–] Cantilever [S] 3 points 0 points (+3|-3) ago 

Except the Fed will classify it as an asset and tax it accordingly

I know exactly what the fuck I'm talking about when it comes to cryptos

All it'll take is the stroke of a pen to stop crypto. Think you have your encryption and anonymity to save you? How you gonna pay rent or buy groceries and pay utility bills anonymously? The NSA sees everything and so does the IRS. They're allowed to share data now thanks to obama

There is no case for decentralized crypto to flourish. You think the Fed is just gonna take that shit lying down? LOL!

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[–] KoKansei 0 points 6 points (+6|-0) ago 

You are just plain wrong and clearly haven't done your homework or are tech illiterate.

All it'll take is the stroke of a pen to stop crypto.

Russian and China tried to regulate / legislate away bitcoin and failed. The only way "they will just ban crypto" makes any sense is if you believe the government is omnipotent, which it clearly is not. Even the highly repressive socialist regime in Venezuela cannot contain it.

The NSA sees everything and so does the IRS.

If you actually believe this I don't know what to tell you. There are many well-documented ways to remain anonymous with bitcoin and many other coins include enhanced privacy features that make it easier for non-technical people to retain their privacy.

There is no case for decentralized crypto to flourish. You think the Fed is just gonna take that shit lying down?

Then why has the market exploded from 20 billion to 500 billion in a year? Why are people in China and Venezuela using it to get around capital controls? Why are people in the US and Europe using it to buy and sell things that the state does not approve of?

I was trying to give you the benefit of the doubt since you are at least wise to the central bank scam, but for christ sake man do your homework before making yourself look like an idiot on here.

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[–] Cantilever [S] 2 points -1 points (+1|-2) ago 

There are many well-documented ways to remain anonymous with bitcoin and many other coins include enhanced privacy features that make it easier for non-technical people to retain their privacy.

Tell me how to pay my rent anonymously.