Actually funny how that works.. Nobody had to announce or validate Gold as legal tender... That whole episode started when fiat was introduced. Just another way to force people to use fiat. Now "sheepy" humans have become so used to the abuse they think money needs some governmental approval.... No it doesn't. And that is one of the many things turned upside down in current society ! Seeing all that crap doesn't make things easier, but without realizing it nothing will change for sure.

Been doing that for decades....

Can't say he is wrong. But putting a time frame on any future event makes the chance of you being wrong exponentially bigger. I too am convinced the $, and all other fiat, will lose most of the little value it has remaining. But trying to predict how fast or what the consequences will be is a fools game. Gold, Bitcoin are probably good protection. But skills, good land, portable water, a supporting community, etc will be even more important. And since it will probably also mean war, location could be de most important factor. The best I can think of is that I will outlive that scenario and I definitely hope I will live a lot longer than another 6 years 😇

Congress.... Aren't those the criminals that are allowed to act on their knowledge and as such make a homerun on every new legislation that they make ? Let's stop pretending and call them criminals !

In this case I'm talkng about the "Op Return" development where the data limit was extended. But there is more going on.

All I can think of after reading your remark are all the people who tried to argue with me that inflation is good even needed 🫩

The blocks I've war was rather easy to understand and the players involved where pretty straight forward with their arguments. It still wasn't easy to make up your mind but once I did and understood decentralization was at the root the whole thing became perfect clear. With current core developments there is not such a clear well defined problem/risk. Well I think it is but it is way more complex to explain. It is not that I'm against new ways to use Bitcoin. But more where and how these possible new things have to be developed. Possible risks are mostly long term and more in the legal department. Most people seem to not care about long term and don't understand legal stuff (world wide) very well. Next we will be talking fast about technical implementation stuff, another thing not well understood by many. And so on. I still haven't heard from any core developer why new developments need to be done on the Bitcoin protocol and not like Lightning on a separate layer. Want to enable more data than financial data ? fine, do it on an other layer. Bitcoin is money first and foremost. Yes it can be way more but that should not have to be implemented on core. Simply because any change can be a risk. And we won't get a second chance on freedom money in our lifetime.

Seems most politics these days is just that 🤢

The scary part is this goes for every rule and law out there. For the critical mind that is just the start. "The right to pursue happiness" becomes a strange thing when we think of a pedophile isn't it 🤔 And that is why a critical mind and thoughts of your own are so god damn important.