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cryptocurrency and related discussion
Bank Runs Are The Reason Bitcoin Exists
submitted 1 year ago by Drewski from bitcoinmagazine.com
[–]Drewski[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
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[–]weavilsatemyface 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
Bullshit. Bitcoin exists because a bunch of dipshit libertarian coders thought that if they swapped from actual money to imaginary play money "On The Internet", they wouldn't have to pay taxes and governments all over the world would collapse.
Instead they managed to invent the perfect vehicle for Ponzi scams, encouraged governments to kill cash and swap to a 100% privacy-free surveillanced and controlled digital currency, and they still have to pay tax on it.
This would be hilariously funny if crypto currencies and the blockchain weren't the single biggest threat to financial freedom ever.
[–]Drewski[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]weavilsatemyface 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)