Do you know what happens to companies like
Coinbase if they decide to
breach a court order by listing a fork designed specifically to violate a court order?
A nice listed public company like Coinbase.
Every single exchange is easy to control. But start with a simple thought experiment here. Start with regulated exchanges. The argument that they can bridge a court order and list any coin that forks to avoid a court order is rather asinine when you think about it.
To give you an idea of what happens to Coinbase or any other exchange that ever decides to take any coin listed on their system that violates a
fork. Not the ones they are asked to recover but any coins from any individual including those that of mined newly. So let’s put it this way, the tokens within bitcoin are fungible. Those violating a court order are going to have to give them up to pay for other things. Do you think miners will mine when they cannot exchange for value.
Do you think exchanges will list forks when that means that they will no longer be able to be licensed, operate in the Western world, exchange for US dollars in any form including
tether…
just think it through
CSW
Oct 12, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1634034426220200?thread_ts=1634034426.220200&cid=C5131HKFXhttps://t.me/CSW_Slack/3140