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RE: Our Bitcoins Will Be Taken/Frozen By the Miners; Involuntary INCOME Tax on Frozen Bitcoin!

in #bitcoin4 years ago

" This will increase scarcity and cause the price to skyrocket."

Disappearing BTC will indeed increase scarcity, but it will not increase value because there will be no demand. Who the hell would want coins with those attributes?

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The-powers-that-be

Exactly!
The world banksters bailing out of their failed fiat scam. They'll convert their counterfeit debt notes/fiat to BTC just before the fiat falls over and assume control of the crypto markets.

See the problem or corollary is that socialists (as most humans are) want debt, surety, the protection of insurance, etc.. So thus the power of the fiat is always very valuable, because the humans covet, idol and w(h)or(e)ship it. Refer to my reply to @valued-customer for more detailed insight into this phenomenon.

No one expected this sort of twisted answer I gave to @valued-customer. My brain operates far outside the myopic box. Amazing how everyone has the antithetical thinking about what Bitcoin really is and really does. Bitcoin is also a pysop, because it fools people into thinking the exact opposite of reality.

Hey I am self-aggrandizing a bit to make you curious to read it. Not ego. I will STFU once some others wrap their mind around it and start articulating it correctly so I do not have to.

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