We’re going to need to challenge the Bank Secrecy Act.

This can’t become the norm.

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Fuck that.

Amen.

“Your funds are sent to trusted entities” screw that noise this is Bitcoin, permission-less and p2p

#DontRiskItBisqIt

Good hashtag

I’m sure all this information they are collecting in centralized databases and sharing with multiple international entities will never be abused or fall into the wrong hands.

Never in a million years

Why is this needed when you have chainalysis?

Chainalysis often gets things wrong. I guess they’re just trying to cover all of their bases.

Challenge it every day

#bitcoin

This is much bigger than one American law my friend. You would need to take on the FATF.

Lots of podcasts on how it's controlling the financial space globally , its the subject of my presentation in adopting bitcoin in el Salvador.

The more people know what this piece of festering garbage "global standard setting body" is, the better.

Agreed. The FATF is the big boss in some ways, but doing away with the Bank Secrecy Act would be a big step in the right direction.

I would focus on letting that state of emergency from September 11, 2001 finally expire first. Everything will fall into place once that is done.

Many of the anti money laundering measures are justified based on the need to prevent terrorist financing, etc.

How do we let that expire?

I decide who is a trusted entity

While that may be true, so does the Treasury, according to the Travel Rule

I love how they always word it to make it sound like they’re doing us a favor.