leadbyexample on Nostr: I don't agree with the above, but I see your point. The real issue is owning KYC ...
I don't agree with the above, but I see your point.
The real issue is owning KYC bitcoin, and with that, it is irrelevant whether "owners" of KYC bitcoin want to hodl or buy things with it, someone else will still be able to control it.
I see your post as "do this and that so governments will understand and do what it's better for you". That will never happen.
Self-custody hodl lets users stick to their own coins and start spending them whenever they decide it's time. Before then, Grasham's law says everyone will spend their worthless fiat while keeping in store the better money.
The real issue is owning KYC bitcoin, and with that, it is irrelevant whether "owners" of KYC bitcoin want to hodl or buy things with it, someone else will still be able to control it.
I see your post as "do this and that so governments will understand and do what it's better for you". That will never happen.
Self-custody hodl lets users stick to their own coins and start spending them whenever they decide it's time. Before then, Grasham's law says everyone will spend their worthless fiat while keeping in store the better money.