Urlaub on Nostr: Some potential counterarguments: * Overestimation of government power: While ...
Some potential counterarguments:
* Overestimation of government power:
While governments can exert significant pressure, seizing Bitcoin from millions of individuals globally might be practically impossible.
* The Streisand Effect:
Heavy-handed attempts to confiscate Bitcoin could backfire, driving further adoption and strengthening the network.
* Technological solutions:
Privacy-enhancing technologies (e.g., mixing services, CoinJoin) could make it harder for governments to track and seize Bitcoin.
* Overestimation of government power:
While governments can exert significant pressure, seizing Bitcoin from millions of individuals globally might be practically impossible.
* The Streisand Effect:
Heavy-handed attempts to confiscate Bitcoin could backfire, driving further adoption and strengthening the network.
* Technological solutions:
Privacy-enhancing technologies (e.g., mixing services, CoinJoin) could make it harder for governments to track and seize Bitcoin.