Re: $190M in limbo - Cryptocurrency exchange founder takes password to Grave
FDR confiscated Gold via executive order 6102 in 1933. I'm sure there were tons of people who illegally held onto their Gold stashes, but the fact is ownership of Gold became illegal practically overnight and US citizens were forced to cash in their Gold for paper. They didn't have any say in the matter. The USA was in the Great Depression and FDR convinced everyone that making Gold ownership illegal was necessary to fix the economy.
It would probably be a similar process, except this time the government would probably spend millions on social media marketing before hand making their new digital coin look like a godsend. If it were trending on Twitter for a few weeks with celebrity endorsements and sh!t, the USA population of 2060 would probably eat it up and trade in their cash willingly, lol.
It's going to take a while. I think BTC is just to introduce people and corporations to the idea, so they can start getting used to what's coming in the future.
Made a lot of sense to me when I was reading about it but I'll admit the idea could be BS.
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