Be rich sheeple or free people, what's your choice?

[Kakmakr]

I think there are no "real" choice here..... How can you accept the 1000x price increase and then the government can raid it and you are stuck with zero coins. 

The real value of Bitcoin is in the financial freedom that it offers you.... not the 1000x price increase that you get from mass adoption. It will be nice to have both, but governments will do anything in their power to prevent that. 

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[Pandu Geddon]

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

the second is currently more common in some countries. they do not make Bitcoin legal tender. but still does not prohibit Bitcoin ownership. after all there's really nothing that can push the price of Bitcoin to stay at $30k. Bitcoin will still go up and down. all depends on market demand. the government with their regulations that legalize Bitcoin also cannot control the price of Bitcoin will remain on top. no one really controls the price of Bitcoin.

[buwaytress]

I'd probably go for option B though -- $30k with over a million coins puts me mostly out of range of my own capacity to spend. And I'd definitely want to see a lot of the world that the status quo otherwise wouldn't allow me to (those who don't play by the rules I mean).

I don't know if OP thought of that, but this one is actually a trap!

He said that the price will be forever 30 000$ , and since the dollar value in purchasing power will continue to go down this actually means you're basically stuck with fiat, in 20 years those 30 000 might be rent money for a few months.
So, if it's indeed a trick question the second option is way worse than the first!

I did think of that -- but while I'm certain fiat will only accelerate its value-losing trend, I'm still certain it'll hang on to a bit. Two decades I'm ready to say dollar numbers quadruple to today's figures (in effect, $7500 per coin of today's purchasing power) so still okay.

It's all fantasy guesstimates of course, but the other thing is in 20 years I am, sadly, close to my national shelf life. I suppose I'll be, if still around, rather too old to worry by then heh.

[Blitzboy]

I would choose the first option, certainly sir! Bring forth the value of thirty large ones, even if the government is involved. Consequently, as Bitcoin's value skyrockets, our wealth increases. And here's the kicker: the system already monitors us; this is simply a different pirate ship combat game. So what if everything is monitored and centralized? The gold coins are available for pillage.

Certainly, freedom is desirable, but at the expense of stagnation? Hmm. With value, there is motion, growth, and exploration of the unknown

[Pidgeon]

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

You’ll be better off picking the pace on your scavenging the beach for forgotten flashlights as you wouldn’t be getting any stocked up genie soon.

This is a flashlight:
https://en.wikipedia.org/wiki/Flashlight

This is a fleshlight:
https://en.wikipedia.org/wiki/Fleshlight

Let's consider the U.S. Constitution - First Amendment: "Congress make no law respecting an establishment of religion or prohibiting its free exercise. It protects freedom of speech, the press, assembly, and the right to petition the Government for a redress of grievances."

As you all know, the US Congress has shown some unfriendly attitude towards Bitcoin and cryptocurrency exchanges. Well, the issue lies in the fact that legal firms engaged by cryptocurrency projects and exchanges in the USA employ ordinary swindlers who collect hundreds of millions of US dollars from these ignorant fools, offering no specific solution to legalize Bitcoin and establish regulations for this market for US citizens. Well then, the lawyers of Order 2.625 (whom many of you might laugh at or not take seriously enough) have proposed a practical solution for the legalization of Bitcoin in the USA, citing the first amendment to the US Constitution. After all, Order 2.625, as the Decentralized Religious Organization Order 2.625 (DROO 2.625) in the person of the North American Diocese (Eparchy) and plebeians of the Order, is nothing but a religious movement, consequently, according to the Constitution, the US Congress has no right to prohibit the plebeians of the Order from using Bitcoin, as Bitcoin is the ceremonial monetary unit of the Order and serves as our religious symbol (similarly to the Kirpan for Sikhs) BTC

In this sense, Order 2.625 is grateful to all the preceding religious movements in the USA (especially Protestants and Catholics) for creating this convenient loophole for us in the fundamental law of the state.

And if anyone has questions about our religious rituals of Liquidation on Cryptocurrency exchanges, each of which will be subject to tribute and governed by the Great Liquidator appointed from among the influential plebeians of Order 2.625, then the special division within the Order - "The Hounds of Bitcoin" can remind such ignoramuses about the second amendment to the US Constitution. After all, there will always be a few religious fanatics-loners in any Order, always ready to challenge any unpleasant words directed towards the Order.

I don't even remember what I took before writing this but you my guy and trustful partner in delusions, you have one hell of a nurse taking care of your prescription, what's the price for one shot of this stuff ?

I choose to be rich and be a free man

Denied!

[KiaKia]

Sometimes imagining like this can also build our imagination more and make us rethink about the future that will happen between the government and bitcoin. Because it does not rule out the first choice can really happen.

But in this case I prefer to choose the second. I love freedom. and isn't bitcoin created to realize that freedom. I don't care about the price even though it has to be stable at 30k even though that's impossible. But as long as has made me rich, it doesn't matter if the bitcoin price continues to be at 30k. Because I'm already rich and free.

Since the second option is what you choose I will like to emphasize on that, if Bitcoin stays at 30k do you know that people won't see much reasons to buy Bitcoin? And those who bought at 1000$, I mean the early buyers who still holds till date will just start selling, I mean the price isn't going up anymore, that's enough to make people to start selling.

Many whales are holding and buying Bitcoin because 1 million dollars per coin is possible since half of the world populations isn't even in Bitcoin yet, but becoming forever stable at 30k will kill the adventurous journey for holders, they will lose interest and new buyers won't want to buy anyway

The only thing left is storing of funds with Bitcoin since many people still want their money off the centralized banks and the government, Bitcoin will be less interesting, the part that it could add more value is the most interesting side of investing in Bitcoin.

[Odusko]

In all this, the sacrificial lamb becomes the price, and value of Bitcoin which is in direct proportion to what choice we make according to our imagination.
But if i am left to choose, i will go for the decentralized version of Bitcoin even though Bitcoin value may be low due to unacceptability by the government since decentralization birth freedom, I would rather be free than make my assets vulnerable in the hands of third party control.

[JoyMarsha]

This is a rhetorical question to choose between. Looking at both options is enticing in a way but it is somehow taking us away from the main reason bitcoin was created. Which is freedom, legal tender, store of value, no government control, and anonymous trading.

Instead of option A, I'll pick option B due to these factors. The only reason Satoshi created bitcoin was to provide "Freedom, legal tender, no government control, and no taxes," according to Option B. While Option A has limitations and will be governed by the government. Which was not Satoshi's intention when he created bitcoin.

 

[BenCodie]

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights

A great envisionment of what a financiay free bitcoin holder does every evening. Are we talking about half rack of ribs, or?

... and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

Unlikely, very unlikely, but I'll indulge.

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

Great two options for discussion. Both have their pros and cons. Option one pretty much means tax, with no limitation (but maybe targeting by elites, government operatives or criminals, since you are richer than satoshi after all. So really, it's a suicide option, unless you're prepared to head butt with forces that are 1000x+ stronger than you alone.

Realistically, the second option might make you worry above elites, government, criminals etc. Though at least, according to your terms, that doesn't seem to be too much of a worry. So, option 2 is my answer. If you have more than satoshi, you're happy with 30k. It does however mean that the ecosystem is permanently stifled....Until fork

[darkangel11]

I'd choose the second option because nobody wants to have their money seized by the government. What would I do if I were to agree to have a thousand times more value in my coins and the coins were taken away, or the government would be there to tell me if I can or cannot spend it. All I know they could tax it 80% and I'd be left with scraps.

30k bitcoin is a really bad thing if you look at it from the perspective of fiat money. USD is losing value due to inflation. If we take the average 5% a year and the bitcoin stays at 30k, after 10 years it's going to be devalued 50% along the USD.
For the second choice to be fair you'd have to say that bitcoin would stay at the value represented by 30k USD today. Otherwise it would eventually go to 0 because in 50 years 30k USD will only buy you a bicycle, if you're lucky

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

You’ll be better off picking the pace on your scavenging the beach for forgotten flashlights as you wouldn’t be getting any stocked up genie soon.

This is a flashlight:
https://en.wikipedia.org/wiki/Flashlight

This is a fleshlight:
https://en.wikipedia.org/wiki/Fleshlight

A single letter makes all the difference

[Smeet]

- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

I would choose the second option, personally to me, it doesn't matter what the price is. Decentralization is much more important for Bitcoin, this means no single entity has complete control, making it highly resistant to censorship and interference. It's this decentralization that ensures that transactions are transparent, tamper-proof, and trustless, allowing users to send and receive value without relying on intermediaries. This feature is vital for financial inclusivity, privacy, and maintaining the integrity of the Bitcoin network

[Blitzboy]

Option 1, where Bitcoin becomes global but gains centralized control and government meddling, undermines its founding vision. Decentralization and middlemen are emphasized in Satoshi's white paper. An enticing 1000x price growth, yet the conditions are far from the Bitcoin ethos. It's like our centralized banking system and might lead to financial manipulation, making richness an illusion

Bitcoin's soul is preserved in Option 2. Bitcoin's freedom from outside intervention, government overreach, and liberty are its foundation. Despite its unchanging value at $30,000, it empowers and controls finances, which many value more than money

Option 2 aligns more with Bitcoin's core values. Are we seeking spirit or gold?

[bayu7adi]

The option that resonates more with me is the second one. While it may not offer the possibility of a x1000 profit, financial freedom is more than sufficient. I choose not to be overly greedy because, indeed, humans will always need money, but not as much as one might imagine. We require money to meet our needs, and income sources can come from anywhere.

When we purchase something private, and Bitcoin can serve as a payment support solution, it's one of the things that brings me more joy than constantly accumulating wealth and being treated unfairly by centralized institutions.

[Smack That Ace]

The option that resonates more with me is the second one. While it may not offer the possibility of a x1000 profit, financial freedom is more than sufficient. I choose not to be overly greedy because, indeed, humans will always need money, but not as much as one might imagine. We require money to meet our needs, and income sources can come from anywhere.

When we purchase something private, and Bitcoin can serve as a payment support solution, it's one of the things that brings me more joy than constantly accumulating wealth and being treated unfairly by centralized institutions.

People always talk about privacy but actually what's happening is that people care more about profits and money than privacy. What benefit will privacy bring or will someone pay attention to us if we don't have money? So I'm skeptical of people who say they would choose freedom and privacy over money. We are involved in investing in bitcoin, we are regularly active on the forum, is it for privacy or money? Just answering those 2 questions, I think everyone knows what they chose.

For me, I will choose money because privacy cannot feed my family, cannot help my children have delicious meals on the table and the best learning environment.

[n00ber]

The option that resonates more with me is the second one. While it may not offer the possibility of a x1000 profit, financial freedom is more than sufficient. I choose not to be overly greedy because, indeed, humans will always need money, but not as much as one might imagine. We require money to meet our needs, and income sources can come from anywhere.

When we purchase something private, and Bitcoin can serve as a payment support solution, it's one of the things that brings me more joy than constantly accumulating wealth and being treated unfairly by centralized institutions.

People always talk about privacy but actually what's happening is that people care more about profits and money than privacy. What benefit will privacy bring or will someone pay attention to us if we don't have money? So I'm skeptical of people who say they would choose freedom and privacy over money. We are involved in investing in bitcoin, we are regularly active on the forum, is it for privacy or money? Just answering those 2 questions, I think everyone knows what they chose.

For me, I will choose money because privacy cannot feed my family, cannot help my children have delicious meals on the table and the best learning environment.

You are very straightforward, I like that. I just saw a thread on this forum about how we benefit from lying. So, to be honest, I really don't believe that anyone claims that they need privacy and not money, except for those who have actually become rich. For those of us who are still working hard to earn a few dollars a day and saying we need privacy more than money are lying to ourselves, to everyone. But I really don't know why they lied, .

[Learn Bitcoin]

I guess most people who understand the need for freedom will choose the 2nd option. If I have no freedom with my money, it's not really my money. What does owning money mean if I cannot use it for whatever purposes? Bitcoin is not a legal tender here, and I can still use it. I don't want a 3rd party to control my money. No matter how significant or how tiny the amount is.

Option one will destroy the vision of Satoshi, and we will need another Satoshi for a better invention. But why? We already have bitcoin and we don't want some genie to control the Bitcoin. It's a manipulation as well.

[dothebeats]

First off, I find OP's post very entertaining especially with the choice of words and the wild imagination this post has. Anyway, the choices are basically easy to explain here. The first is a choice that leaves little to no room for freedom but a lot more money (but also every transaction needs payment). The other choice, on the other hand, gives you freedom but not so much with money. Now the answer will be different depending on what is more important for an individual, is it more money or is it freedom? Personally, I'd go for freedom as it gives me more opportunity to do whatever I want hence allowing me to do more transactions that will surely bring more profits to me, and also because I like doing things on my own accord without any restrictions blocking me.

[sunsilk]

The problem with the choice of mining being centralized is that it doesn't portray anymore bitcoin as a wholly decentralized cryptocurrency.

We do want to have a support from the government but if it's going to take even mining to become centralized, how is that going to go? Like everyone has to register every time we get some transactions?

I don't think that many are going to stay with that type of setup.

[Woodie]

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

Don't know if the stroll got you thinking outside the box or you are just creative, but I like the crypto fantasy going on here and you should take more walks   

Now, coming to the two tough questions at hand, this is like choosing between being a slave or enjoying your freedom without any interferance, and to be honest any sane person will prefer their freedom though when it comes to money matters..seems like the narrative usually changes and from the two options I would rather go with the first option of having the money because I know money is as good as power and I can buy my freedom with it!

The problem with the choice of mining being centralized is that it doesn't portray anymore bitcoin as a wholly decentralized cryptocurrency.

We do want to have a support from the government but if it's going to take even mining to become centralized, how is that going to go? Like everyone has to register every time we get some transactions?

I don't think that many are going to stay with that type of setup.

Agreed, as much as we love our government being involved in our crypto business, the is a line that they can not cross as this interferes with the decentralized ecosystem of bitcoin.

[serjent05]

I guess most people who understand the need for freedom will choose the 2nd option. If I have no freedom with my money, it's not really my money. What does owning money mean if I cannot use it for whatever purposes? Bitcoin is not a legal tender here, and I can still use it. I don't want a 3rd party to control my money. No matter how significant or how tiny the amount is.

I think there is still freedom in option 1.  We can have freedom after we convert Bitcoin to fiat currency and then to other cryptocurrencies.  I would say I'll choose No. 1 since the situation where the government imposed control is limited to only  Bitcoin and not to other cryptocurrencies.  .  Sometimes we have to think outside the box in order to have the same experience as the other option while choosing the no. 1 option.