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490 sats \ 1 reply \ @Aardvark 31 Dec 2024 \ on: Strike Adopts Transfer of Funds Regulation bitcoin
As much as I'd like to look down my nose at the EU and say something snide, realistically it's not any better in the US. They aren't monitoring our bitcoin transfers yet, but realistically it's only a matter of time.
You can't even withdraw $10,000 of your own money without automatically getting flagged to FinCEN (Financial Crimes Enforcement Network).
I don't think governments will be happy until they either stomp bitcoin out, or control it completely. I don't think that they can completely accomplish either goal, but they can sure try.
Man I got a wild story about this. Without revealing too much. Please know if you withdraw a large some of cash from any American bank the government knows.
Between this and taxes American men are 100% cucks. We take this treatment and don’t complain or do anything about it
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