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Dutch official calls for complete ban on Bitcoin

cointelegraph.com

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Re: Dutch official calls for complete ban on Bitcoin

#51

Post by defaultname »

aww_dang wrote: post #21

Interesting how this narrative is forming. Politicians and bureaucrats around the globe are saying the same things in unison. BTC is framed as destructive or dangerous and CBDC is their solution. The same conclusion was arrived at in a recent Senate hearing chaired by Elizabeth Warren. Three out of four of her panelists had connections to the World Economic Forum. The fourth had connections to the US central bank. ht…

There is nothing conspiratorial or notable that most of the people in the financial industry...work in the financial industry. Are experienced in the financial industry.

Re: Dutch official calls for complete ban on Bitcoin

#52

Post by aww_dang »

snypher wrote: post #38
rualca wrote: post #30

Earlier quoted context omitted.

> BTC is framed as destructive or dangerous and CBDC is their solution. It's hard to refute their point when we've just saw bitcoin tanking and seeing its value drop to half in a few days.

Sounds like we should ban options trading also.

According to this logic, perhaps we should give the plunge protection team a mandate to guarantee BTC price stability and protect consumers from "danger"?

Re: Dutch official calls for complete ban on Bitcoin

#53

Post by toshk »

cassianoleal wrote: post #20
Encybe wrote: post #3

> has no intrinsic value and is only valuable because others may accept it. So does USD

So does the Euro, which is used in his country, and so was the Dutch Guild, the one that came before. So does any other currency in use in the world. > Fiat money does not have intrinsic value and does not have use value. It has value only because a government maintains its value, or because parties engaging in exchange agree on its value. https://en.wikipedia.org/wiki/Fiat_money

Being backed by a government, or multiple governments, with an army and lots of financial tools is a very real thing.

Re: Dutch official calls for complete ban on Bitcoin

#54

Post by dadoge »

defaultname wrote: post #39
fnord123 wrote: post #23

Earlier quoted context omitted.

El Salvador hasn't adopted it yet.

And even if they did, it's El Salvador. It's a tiny economy (Cleveland has a GDP 4X the entirety of El Salvador) in effectively a broken country. In 2015, 1 out of 1000 people was murdered in a single year. Pretty weird seeing the BTC crew all crowing about that kind of sad endorsement of a desperate government.

Man, wow.

What if, like, you know, solving problems like 70% of the population not having a bank could actually reduce crime. Bitcoin is a pretty easy fix for that problem.

And “it’s a tiny country”…like do they not deserve a better life since they have such a small gdp. This is the most inhumane sentiment I keep seeing about this news “who cares, they are a tiny country with small gdp”

Re: Dutch official calls for complete ban on Bitcoin

#55

Post by ur-whale »

anonuser123456 wrote: post #35
Encybe wrote: post #3

> has no intrinsic value and is only valuable because others may accept it. So does USD

You can pay the tax man in USD to stay out of jail. Sounds pretty valuable to me.

Same line of reasoning used by every racketeer's victim trying to convince themselves paying up is the reasonable thing to do.

Re: Dutch official calls for complete ban on Bitcoin

#56

Post by cassianoleal »

read_if_gay_ wrote: post #41
ipaddr wrote: post #29

Earlier quoted context omitted.

Yes but it might be positive. Did that surprise you?

If you can explain, it might.

I'm guessing they do it by emitting a ton of CO2. /s

https://news.ycombinator.com/item?id=27472360

Re: Dutch official calls for complete ban on Bitcoin

#57

Post by psychoslave »

shoto_io wrote: post #33
neals wrote: post #10

This is the 'Centraal Plan Bureau'. If you open up the front door, you're met with a cloud of dust. The parkinglot is filled with oldtimers and the interior is very 'that 70's show'.

Ban Crypto, ban the Cloud, ban Hashtags, ban Cyber, ban AI, ban Lambda, ban Rust, ban, ban, ban! EDIT: ban old cars, too!

We should call a ban for banning ban calls.

Whether this ban call should apply to itself is left as an exercise.

Re: Dutch official calls for complete ban on Bitcoin

#59

Post by heywherelogingo »

neals wrote: post #10

This is the 'Centraal Plan Bureau'. If you open up the front door, you're met with a cloud of dust. The parkinglot is filled with oldtimers and the interior is very 'that 70's show'.

I don't think young people are using bitcoin for any reason other than to get rich quick. The young these days are highly conformant and compliant - got jabs? It's gen x and older who are thoughtfully rebellious.

Re: Dutch official calls for complete ban on Bitcoin

#60

Post by neals »

rualca wrote: post #26
neals wrote: post #10

This is the 'Centraal Plan Bureau'. If you open up the front door, you're met with a cloud of dust. The parkinglot is filled with oldtimers and the interior is very 'that 70's show'.

> The parkinglot is filled with oldtimers and the interior is very 'that 70's show'. Could you please explain how that ad-hominem based on blatant ageism does anything to refute the points regarding the nature of cryptocurrencies?

Stop trolling. You make this about age. You are the agist one. Why would young people not be allowed to drive oldtimers and enjoy 70's style interior? Who are you to decide that such a thing is only allowed for those of a certain age. We live in a world where age should not matter and anybody of any age should be allowed to partake in society. You should real change your views.
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