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by mikeblackson 1775 days ago
>People may want to participate in mixing, but then they won’t be able to get their money back in the US.

I see the issue here, you think the endgame is for bitcoiners is to own more fiat. That is not the goal, fiat is dead to most bitcoiners, they will hold until fiats currencies implode like they constantly do.

You seem to think the choice of money originates with banks or governments, it doesnt. The primary form of money is chosen by the masses. Good luck stopping billions of people that choose to opt out of bad money.

1 comments

I thought that the “end game” of bitcoiners is to have it replace fiat - be accepted in stores, be the preferred way to send money to others, be the primary way to get paid and so on.

So what are bitcoiners gonna do if Paypal and VISA add “pay with bitcoin” option and give it to billions of users? It would be a nice and simple interface that is easy to use but that complies with “bad bitcoin” list.

For every hardcore bitcoiner who is waiting for fiat to implode, there would be 1000 laypeople who do not care but they bought some bitcoins because TV said so. And all of those laypeople will be forced to comply with “bad bitcoin” list.

So now let’s say you have a bitcoin business. You can accept “good bitcoins” that you can send to billions of people, or “bad bitcoins” which you can only send to hardcore bitcoin enthusiasts, 0.1% of population. Is there any economic sense to accept “bad bitcoins”?