The state is not your friend.
The sooner we accept that bitcoiners are at odds with the State, the better we can prepare for what's coming.
I will never get tired of repeating this: stop stacking using KYC, it's the lowest hanging fruit.
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EU gov takes notes frantically
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"never let a good crisis go to waste"
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Blow their phones up. This bill is unamerican. US Senate switchboard: (202) 224-3121. Just give them your zip code and they'll forward your call to your Senator. Explain how Bitcoin is changing you and your family's life for the better.
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They were always coming for financial freedom under the guise of "protection"
It's a protection racket ;)
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Since every 600$ transaction has to be reported by filling a 1099-K, this act will pass too. It is similar.
Bitcoin will not be allowed to be mainstream. That is why it will never reach a million dollars.
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Here's the Tweet by one of the authors that kicked off the Twitter thread where he shares the article:
1/ Responding to Senator Warren's bill reminded me why I still believe in crypto: electronic cash.
A defining characteristic that separates America from illiberal regimes like North Korea, China, and Russia is our reverence for individual autonomy, privacy, and dignity.
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