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1. ᛋᚪᛒᛖᛋ 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇦🇺 (sabex@noagendasocial.com)'s status on Friday, 07-Apr-2023 22:09:22 JST ᛋᚪᛒᛖᛋ 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇦🇺

   Uh huh, OK buddy.

   • :spinnenrad: Festivegoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Friday, 07-Apr-2023 22:09:20 JST :spinnenrad: Festivegoat :spinnenrad:

     in reply to

     • Quentel
     • billy_hughes
     Then you're kinda missing the point of crypto. The question isn't whether they have the legislative power to destroy it (they don't give a shit about constitutional protections) it's whether they have the power to destroy it in practice.
     
     They can significantly cripple it by shutting down US based exchanges and possibly other draconian measures, but they can't erase the blockchain and they can't shut down the network without completely shutting down the internet.
     
     The gold order worked because gold possession was centralised and they could simply order the banks to hand over records of who did/had recently deposited there. That doesn't really apply to crypto.
     Woggy's Zeonic Frolicks likes this.
   • billy_hughes (billy_hughes@poa.st)'s status on Friday, 07-Apr-2023 22:09:21 JST billy_hughes

     in reply to

     • :spinnenrad: Festivegoat :spinnenrad:
     @Eiregoat @Sabex I get the feeling crypto is being taken out
   • :spinnenrad: Festivegoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Friday, 07-Apr-2023 22:09:21 JST :spinnenrad: Festivegoat :spinnenrad:

     in reply to

     • billy_hughes
     Oh they'll definitely try. Prices will probably fall and a bunch of exchanges will go down, but the basic structure of crypto is resiliant against this kind of attack, which is why it got popular in the first place.
   • Quentel (quentel@nicecrew.digital)'s status on Friday, 07-Apr-2023 22:09:21 JST Quentel

     in reply to

     • :spinnenrad: Festivegoat :spinnenrad:
     • billy_hughes

     The US gov has a multitude of tools to destroy any crypto-currency due to its ability to regulate commerce. If that’s not enough (it is), a large variety of other regulatory tools are already in-place for immediate use.

     The US government has control mechanisms in-place to intercept and examine all internet data and commerce within it’s borders. Any crypto that’s viewed as a threat will be mercilessly crushed before rollout out of the CBDC.

     Precedent for this was established in 1933. Any crypto can be destroyed with unimaginable effectiveness using one single stroke-of-a-pen.

     https://www.presidency.ucsb.edu/documents/executive-order-6102-requiring-gold-coin-gold-bullion-and-gold-certificates-be-delivered

   • :spinnenrad: Festivegoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Friday, 07-Apr-2023 22:09:22 JST :spinnenrad: Festivegoat :spinnenrad:

     in reply to
     They're not wrong. jewish hegemony rests on two pillars:
     
     - Control of culture and information
     
     - Control of the money supply
     
     Everything else rests on those and if either of them fall it all falls.