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FinCen and the Treasury are expanding the Patriot Act to attack bitcoin self-custody and privacy.

We shouldn't live in a world where standards cater to the lowest common denominator and make things worse for the overwhelming majority of the population.

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samuel 3mo ago 💬 1

I don’t understand.

A. Is this a rules change?

B. Is this a new bill to become a law?

A is scary, B is a nothing burger/wont happen

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Discussion

Virtus 3mo ago 💬 2

A bit more nuanced:

https://x.com/valkenburgh/status/1966174324701778071

Mentat 3mo ago

Thank you for sharing this, it really clarified my understanding of this particular topic. It also helps mitigate FUD.

Should be a must read, and pinned at the top of the original post.

samuel 3mo ago

Thanks!