How To
It took until 1975, 42 years later, for EO6102 to be repealed,
and for private citizens to once again be allowed to hold more
than 5oz of gold.
At this stage, we have little idea how the regulators are going
to respond to bitcoin as it continues to gain popularity and
more widespread adoption.
So far, there has been a mixed reception. For the time being
however, it seems that many understand, or perhaps just accept,
that bitcoin cannot ultimately be stopped.
There are a number of politicians starting to speak in support
of bitcoin as part of their platform. There are also some
against it.
Being an election year in the US, 2024 is very interesting, with
all three major Presidential candidates accepting bitcoin
campaign donations!
El Salvador made it a form of legal tender in 2021. It will be
interesting to see which country is next.