These people are fucking deranged.
🚨SCOOP: US GOVERNMENT TO BRING PATRIOT ACT TO DIGITAL ASSETS
FinCEN Director reveals Treasury is finalizing ban on privacy tools, Representatives revive Special Measures to Fight Modern Threats Act
Full story👇
https://www.therage.co/us-government-to-bring-patriot-act-to-digital-assets/
Discussion
Vote orange they said.🤢
Fuck this dystopia
China just banned bitcoin....
Oh wait it's actually the "Land of the Free [Slaves]"
well who could have predicted this D:
now with the joke done.
This seems bad, really really bad.
under that broad term downloading any non US base custodial wallet becomes a crime
- "A series of independent transactions"
so if you manage UTXOs you are a criminal
- "Single use address" as in every single wallet ever made with half a brain
Bingo
It should be a crime for any regulator to just propose this kind of laws.
so are they assuming illegal/nefarious activity because some people use BTC for illegal purposes and trying to make it seem like everyone using it is a crook? sounds like Liberal logic.