Message from @Picassoツ
Discord ID: 294283917333233675
completely legal
Well blockchain tech has a TON of potential and other uses
as in.
?
am i automatically on the call in show waiting list or how do i?
It's legal but it's got a bad rap due to the fact it's highly associated with online drug markets on the dark net
voting, banking, any sort of contract
And the federal government is against it in a lot of ways and give exchanges a hard time getting financial licenses to trade in btc
As it's a threat to the federal reserve
Since it's not a fair currency
Fiat*
flat?
fiat
Autocorrect
like the car
Haha
I have no idea what fiat is
i mean I know the car
Basically means worthless
it means it's backed by government
the government says it has worth, so it does
Like how the govt prints endless notes
right
Not banked by gold or any intrinsic value
instead of it being a commidty currency, which means it's backed by gold or silver.
oh, so likke you're skirting around the goverment and making exchanges with currency they can't tax you on is that it?
Even if t were supposedly backed by gold it isn't you'd be better off getting physical gold
No
no it's taxed
the fuckers
It's taxed
aw shit
it's taxed like stocks
There ARE people who do illegal shit but it's gotten a lot harder
to do the illegal shit or catch them
It's harder to get money OUT in large amounts
yeah. you can be anonymous when using it, but it takes work.
To do it
right like a vpn and stuff right
Yeah you gotta use tails, multiple vpns, tor