Brennan Smithson on Nostr: #[0] What’s your thoughts on if the US is one of the last countries to drop a fiat ...
preston (npub1s5y…6q7z)
What’s your thoughts on if the US is one of the last countries to drop a fiat standard and move towards a Bitcoin standard like India and China were late to the show on moving away from a silver standard resulting in a tremendous loss of purchasing power. Since the US would already be so far behind and is not about employing fairness, could you see a quasi EO 6102 trying to confiscate American citizens BTC and criminalizing possession. Obviously in this instance BTC provides vast protections against this vs. gold. But in the realm of possibilities?
What’s your thoughts on if the US is one of the last countries to drop a fiat standard and move towards a Bitcoin standard like India and China were late to the show on moving away from a silver standard resulting in a tremendous loss of purchasing power. Since the US would already be so far behind and is not about employing fairness, could you see a quasi EO 6102 trying to confiscate American citizens BTC and criminalizing possession. Obviously in this instance BTC provides vast protections against this vs. gold. But in the realm of possibilities?