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- Aug 2, 2006
Simple. You move/swap your bitcoin in another country/jurisdiction. bitcoin has no borders. its peer to peer. US can do whatever it wants to do ...bitcoin is global and won't change for anyone. think about the 10+yrs of bitcoin and all the other entities that changed conformed, and bent the knee .....while bitcoin JDGAF.
you think US hates bitcoin so much that it will let another country pass them in this space? If so, that maybe their dumbest move ever. imagine that.
Simply...launder your money is your solution?
if the the US really wanted to make bitcoin essentially illegal, you'd think they make it that easy?
you don't think they'd leverage their power of the global financial reporting system to make what you describe incredibly difficult.
they'd treat it like money laundering.
and even if you found ways to disguise it, you don't think it severely limit its utility as a store of value
thus decimating it's current value?
you think it'd still be trading at 50k or whatever under that regulatory regime?
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