AHWhite on Nostr: Question to all the macro economists and freedom minded people out there: Order 6102 ...
Question to all the macro economists and freedom minded people out there:
Order 6102 is for many reasons an important topic for bitcoin. Most recently I read this article about the legal aspects leading up to it:
https://bitcoinmagazine.com/culture/national-emergency-executive-order-6102-and-the-heist-of-the-century-?mc_cid=6986670da3&mc_eid=UNIQID
I feel I conceptually understand both the rational and the criticism around Order 6102. What I don't understand and cannot find a lot of information about is if there were alternative solutions discussed back then to fix the problem that go beyond "let it blow up and it'll fix itself ". because even if this is a workable solution, it is not an "electable" solution.
what would have been alternative ways to tackle the problem back then that did not lead to confiscation? Were any of these alternatives tried out successfully in other nations in history?
I think the best way to avoid a similar future for bitcoin in the U.S. would be to present and lobby for those alternative solutions right now so that when shit hits the fan in terms of US debt and waning influence of the dollar (which it will), the alternative solutions have widespread support in congress.
#bitcoin #order6102 @LynAlden @preston @Odell @saifedean
Order 6102 is for many reasons an important topic for bitcoin. Most recently I read this article about the legal aspects leading up to it:
https://bitcoinmagazine.com/culture/national-emergency-executive-order-6102-and-the-heist-of-the-century-?mc_cid=6986670da3&mc_eid=UNIQID
I feel I conceptually understand both the rational and the criticism around Order 6102. What I don't understand and cannot find a lot of information about is if there were alternative solutions discussed back then to fix the problem that go beyond "let it blow up and it'll fix itself ". because even if this is a workable solution, it is not an "electable" solution.
what would have been alternative ways to tackle the problem back then that did not lead to confiscation? Were any of these alternatives tried out successfully in other nations in history?
I think the best way to avoid a similar future for bitcoin in the U.S. would be to present and lobby for those alternative solutions right now so that when shit hits the fan in terms of US debt and waning influence of the dollar (which it will), the alternative solutions have widespread support in congress.
#bitcoin #order6102 @LynAlden @preston @Odell @saifedean