⚡️🇺🇸 NEW - Connecticut passes law to ban state investment in bitcoin.

HB7082 prohibits the state from accepting, holding, or investing in any virtual currencies.

It also imposes several new requirements on money transmitters.

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🗞️ Connecticut's 'anti-SBR' law passed both House and Senate unanimously. Not a single dissenting vote.

Ct. ded.

Man. Who paid these people off. That’s wild

HFSP

Fact: I just had a ‘recruiter’ on LinkedIn reach out to me for a job in CT yesterday. Fascinating. A truly sick game and financial abuse these ‘men’ think they are playing with my life.

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Watching states commit financial suicide is very interesting 😂

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🗞️ Here is the relevant provision of Connecticut's 'anti-SBR' law.

It specifically prohibits the establishment of a "reserve of virtual currency."

If you need to put the ban into law, it’s because the pressure to accept it from people is becoming too much! Strike 1!

I live in CT. Politically it sucks. The cities have been stuffing the ballot box for decades. If we manage to elect a moderate conservative, leftists wage lawfare and put em in jail. Keep faith, be humble, stack skills and stack sats. Eventually the hubris will will fall upon itself like a flaming house of cards. The unanimity of the vote is effed. Regulation sucks. Let the market make the decision.

On an unrelated note, during covid, they put a bill on the docket to remove the religious exemption to vaccine mandates, thousands testified against the measure. About two people testified for the measure. I was in line with thousands of other CT citizens to testify. After about 8 - 10 hours of public testimony, they motioned to end public comment. Then pushed the resolution through. They don't care what the voters say because the leftists have control of gerrymandering and the ballot box. All three branches are far left. The voice of the people is an illusion, even in the constitution state.

So this bans most of the shitcoins, but isn't USD also mostly a virtual currency 🤔 does this mean that their state holds only physical dollars 🤔

At least they weren't that stupid to ban #bitcoin since bitcoin is 100% digital and 0% virtual.

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