Did they ever jail anyone for it?

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Not really. The enforcement seemed to focus on larger holders and businesses which complied. For me, the lesson is that threats at the barrel of a gun will force enough voluntary self-regulation for centralized powers to maintain their desired control.

Makes you wonder about those Bitcoin Treasury Company honeypots as we go through this fourth turning 👀

💯

Very few I believe. Only 20-27% of privately held gold was actually turned in meaning most people just quietly kept their gold and the government didn’t go door to door hunting for it.

I wonder how many could comply with bitcoin today. Non kyc sats ftw.

There’s always one….lol