Nick Grossman
@nickgrossman.eth
Hey Casters: big question on my mind today is: politics of crypto / web3 is currently fucked. Biden admin is openly hostile, operation choke point 2.0 shutting down crypto banking, etc. Texas introducing "right to bear assets" bills (incredible term) etc. It's clearly partisan now. 1/x
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timdaub
@timdaub.eth
why do you need a right to bear Bitcoin?
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Nick Grossman
@nickgrossman.eth
That’s a great question The more paranoid among us worry about a modern day redux of EO 6102 which forced redemption of gold back in the 1930s: https://en.wikipedia.org/wiki/Executive_Order_6102 The Texas bill seems more like signaling politics than real policy to me. But there’s an element of this fear in it
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timdaub
@timdaub.eth
yeah but gold is not crypto. A private key literally doesn't have to physically exist. It can be stored in your brain.
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