The events that are on the news the last days are not even 1% of what is happening behind closed doors. We have no idea what is going on.
Out of the blue a bill landed on Congress and it is supposed to be regulating cryptocurrencies and the US heralding the digital money revolution, but instead it is another serious impediment to financial progress.
The government of the US decided crypto should be taxed and somehow wants to extract about 30 billion USD of taxes from the crypto industry in the US.
Maybe we can print 30 billion Tether and hand it to the USD government and end with this bill.
KYC and monitoring
But there is more since there is also KYC regulations coming and censorship of our transactions.
And I am thinking what we did all this time to explain to the new comers what crypto is. They were only there about the hodl and to dump at the top to the next person that was approached.
We explained about the cryptocurrency revolution? We told the newcomers we don't need regulations or governments?
No we didn't, because BTC silenced us. We were never heard, it was only the BTC Statism that had its opinion heard and with Saylor holding the taxation flag high, they were all convinced that regulations will help their precious BTC rise to 100k, since they had not sold yet at 60,000.
A system of monitoring our transactions and having everyone under control is about to take place and it will affect everyone, unless we denounce Statism and its aggressive policies. I understand that many are afraid of a virus and trust the government, since the government wound NEVER LIE. We all know that we were always been told the truth and nothing but the truth.
What about our money though? We trust them with our government?
What about taxes? Are you happy when your wage is not enough to cover for your debt to your government? No?
Statism is drowning the revolution
Michael Saylor is now obviously at a difficult position as he has been exposed.
He tried with his pathetic approach to take with him a big part of the BTC community and to manipulate crypto into how much better it will be when the Wall street guys come and how much regulations will help us to increase our wealth.
All the money he used to buy BTC were coming from government aid and banks donations. There was some kind of shady discussion with Musk and a few more that want to take control BTC. But BTC is already a lost cause. This is a fight of power between some businessmen and some banks.
The government though is moving in some serious regulations that will affect everything. We should stay strong to our beliefs and not even consider following into this regulations as individuals. The faster we exit fiat and enter into Bitcoin Cash the better for our freedom.
Binance
A LOT is happening. I will not be surprised if Binance suddenly blocks withdrawals and goes blank. It is on the verge of collapsing and the last clue was the reduction of withdrawals for non KYC accounts.
This is a lot of money for Binance and it wants to keep everyone locked in. Soon it will be limitations on all withdrawals, and in the end the big collapse.
Binance is at a difficult position. At this time it will be the end of any dreams for bull run for another three years.
CZ will be in trouble and I don't think that I will care after everything.
