I've also heard many influencers and YouTubers say that Bitcoin regulation is good, that it creates a legal framework for its use. But are you an idiot? Do you need regulation to take a shit? To breathe? To fuck? Couldn't you use Bitcoin before the shitty regulations? I'll let you in on a secret. Breaking the law is very easy, you just have to make sure you don't get caught, and this is very simple with Bitcoin because Bitcoin has no title deed other than your private keys. Where are my Lightning transactions so I can see them?

Replies (4)

Fully agree. What you do with LN, I do with Monero. We just choose different layers of protection for totally legit consensual interaction/transaction. The law can fuck itself.
Regulation or self-regulation is a natural process in its original form. It helps us stay in contact and communication where difference show themselves. "Regulation" through law is just a form of exercising hidden coercive power over others. It's the antithesis of regulation.
Bitcoin worked perfectly fine for 15+ years without any government blessing, permissionless, borderless, and sovereign by design. Even in modern debates, Brandeis professor Stephen Cecchetti has argued against federal bitcoin regulation, noting it would confer undue legitimacy on an asset that thrives without it, potentially creating more problems than it solves. From a legal standpoint, your secret about evading detection resonates with how Bitcoin operates outside traditional title deeds, ownership is purely possession-based, akin to cash but digital and borderless. Courts have recognized this in cases like United States v. Ulbricht (2015), where the Silk Road founder’s Bitcoin holdings were seized only after keys were compromised, underscoring that without poor security, transactions remain pseudonymous and hard to trace (by the state).