Hot pies, motherfucker

That’s just FOREX with extra steps?

If Russia controls the entire supply of Bitcoin (which is what you’re saying) then why would anyone with USD want to buy it? At that point, being owned by Russia entirely, it’s just a Russian currency.

The whole supposed attraction of Bitcoin is that it’s not a government currency, and the supply isn’t controlled by a central bank. Ethereum has additional uses to that, but that’s still one of the prime factors as well.

The government you’re talking about can print money at will.

Again, why?

Sure, there’s a large network advantage.

But here you’re talking about a hypothetical where, for some reason, a major government has bought up all blockchain tokens and won’t release them. So nobody’s on the original one anyways.

The price goes up as you buy it.

You could attempt to corner the market, but in doing so, you’re also going to be massively enriching the current holders.

What point would taking the entire supply do - especially since you can easily just start another blockchain?

How is buying the asset fucking with the supply?

If you mean hoarding it, that’s pretty much all Bitcoin is good for.

https://bread.coop/

Fiat has value because the government demands taxes in it. If you don’t pay your taxes, they put you in jail.

That’s the point of crypto - unless you can alter 51% of the blockchain, you can’t.

yeah, the cryptoleftists community has found some decent actual use

And?

The whole reason that habeus is the first requirement of the law is without a right to trial, what the law says doesn’t matter. It doesn’t matter if ICE has no right to jail you if nobody is stopping them.

The Nazis and Freikorps went for the commies first though. They were founded like all fascists as an explicitly anti-Marxist group.

Sounds like a shitty situation

I love it when you call me big poopa

Bottle of Bayer, box of condoms, bottle of Old Harpers, and . . . your number.

Holy shit, I did start using Fedora and compression pants at the same time . . .

UMMMM OVER 49000

Idiocracy is a utopia compared to this