beautyon on Nostr: Despite what some people might believe, what is not required is a "Pressure Group" to ...
Despite what some people might believe, what is not required is a "Pressure Group" to help Bitcoin adoption.
Well meaning people who've grown up in INGSOC believe that the optics of opposition politics is what will keep Bitcoin users safe from regulation. They're 100% wrong.
Listing companies that people should use because they're "unregulated" or "outside the law" only generates scrutiny targets. It doesn't help anyone, and actually has another, hidden purpose.
People love to rally behind the underdog; what they're trying to do is create the next "Assange", or "CND", or "Occupy Wall Street" that they can be the heads of, so that they're constantly being interviewed and getting their profile raised in the Mainstream Media.
This will increase "Membership" in their organizations, opening the door to future employment in the "Compliance" departments of the companies they "defended", or will allow them to contract out consultancy roles for their companies.
Think Rico and BitLicense as examples.
And of course, being the de facto heads of "the Industry", not only will they scrape up money, but they'll be directly consulted on the rules to govern the companies they "represent", ensuring permanent roles for themselves in perpetuity.
If you should refuse their offer of consultancy, they will threaten you that you will not be aware of upcoming changes and will not have a, "Seat at the Table" to protect yourself from predation, as they have a direct line to the violent thugs who could shut you down.
Not going along with them will be portrayed as being an outsider with something to hide, as the people representing the industry will be for "transparency" and "Society".
This is exactly how this matter works. It is not about the law or right or wrong; it is about making jobs for people who can't write software and who are not able, for whatever reason, to form companies to serve other people directly
They see some new field that does not have "regulation" and they anoint themselves as contact points, injecting themselves into the market where no real purpose is served.
https://x.com/Beautyon_/status/1860988665406632274
Well meaning people who've grown up in INGSOC believe that the optics of opposition politics is what will keep Bitcoin users safe from regulation. They're 100% wrong.
Listing companies that people should use because they're "unregulated" or "outside the law" only generates scrutiny targets. It doesn't help anyone, and actually has another, hidden purpose.
People love to rally behind the underdog; what they're trying to do is create the next "Assange", or "CND", or "Occupy Wall Street" that they can be the heads of, so that they're constantly being interviewed and getting their profile raised in the Mainstream Media.
This will increase "Membership" in their organizations, opening the door to future employment in the "Compliance" departments of the companies they "defended", or will allow them to contract out consultancy roles for their companies.
Think Rico and BitLicense as examples.
And of course, being the de facto heads of "the Industry", not only will they scrape up money, but they'll be directly consulted on the rules to govern the companies they "represent", ensuring permanent roles for themselves in perpetuity.
If you should refuse their offer of consultancy, they will threaten you that you will not be aware of upcoming changes and will not have a, "Seat at the Table" to protect yourself from predation, as they have a direct line to the violent thugs who could shut you down.
Not going along with them will be portrayed as being an outsider with something to hide, as the people representing the industry will be for "transparency" and "Society".
This is exactly how this matter works. It is not about the law or right or wrong; it is about making jobs for people who can't write software and who are not able, for whatever reason, to form companies to serve other people directly
They see some new field that does not have "regulation" and they anoint themselves as contact points, injecting themselves into the market where no real purpose is served.
https://x.com/Beautyon_/status/1860988665406632274