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Replying to Avatar L0la L33tz

Hate to be the one to shit on the Parade, but a Strategic Bitcoin Reserve *will* be built through confiscation and taxation.

Here's Senator Cynthia Lummis already hard at work to make it happen:

Cynthia Lummis teamed up with Elizabeth Warren to propose the regulation of Bitcoin under anti-money laundering and counter-terrorist financing laws to "combat anonymous crypto asset transactions".

Cynthia Lummis also re-introduced the Responsible Financial Innovation Act "inspired by Senator Warren", which introduces higher penalties for "crypto asset crimes", regulates "mixers and tumblers", and increases KYC requirements.

For the amount of time Bitcoiners have claimed to be of peculiar intelligence, you are all getting played *incredibly* hard right now.

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Sjors Provoost 1y ago

I was already wondering if Warren would get a job in the Trump administration, informally or otherwise, to keep her army going.

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Sjors Provoost 1y ago

Would be good to ask Lummis for comment, her general views on financial privacy.

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elsat 1y ago

nostr:npub1ccsfkkfk46jsjtn80cup0vjn98slkheqd65t36tut822kddvdcxqxjdc57 had a proposal and comments on Lummis policy proposal

https://medium.com/@beautyon_/pandering-as-policy-d125d002dcb3

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