Thread - Nostr Hypermedia

I’m not sure what you’re arguing here or what Bitcoin has to do with his book. I didn’t watch the documentary but I listened to the audio book read by guy swan. The point is, stocks are not legally the property of Americans. They are IOUs that can be repossessed. To assume that something like that will never happen is irresponsible imo. Why would they legally change the ownership of these assets? Why does one organization hold all stock certificates on behalf of users when people used to custody their own stock certificates before?

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Chris Liss liss@getalby.com 2 months ago

In the documentary he suggested buying land (good luck keeping it if full on government confiscation of all stocks is happening) and other assets, didn’t mention it, i.e.. the one unseizable asset. Doesn’t seem like he knows what the hell is going on in that case as it would be by far the most obvious thing to have. I would take that book with a grain of salt, maybe it’s true, and it’s a contingency plan for some factions if things go awry, but avoiding stocks as though that’s the base case seems rash to me.

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