Now imagine this, but everywhere. Have a bit of Bitcoin in a non-custodial wallet just in case. Itโs not safe from these measures in Coinbase/Robinhood.
Things to look out for in the next 5 years:
1) Unrealized gains taxes
2) higher 401k taxes
3) phasing out/banning physical dollar notes/switch to USD digital dollar
A person should not be required to speculate on central bank policy, boardroom politics, competitive dynamics, technology trends, regulatory interference, congressional politics, labor relations, litigation, and nation state conflicts just to preserve their life savings. #Bitcoin
๐ค "The Federal Reserve does not own any gold at all, we have not owned gold since 1934." ๐ค
- Scott G. Alvarez, General Counsel of the Federal Reserve Open Market Committee