🚨NEW: KYC ALL THE THINGS: IS MARKET STRUCTURE BLOWING UP?

A leaked proposal by Senate Democrats would give Treasury sweeping powers to ban non-custodial services, establishing authority over what code can be deployed, and what code can't.

Full story👇

https://www.therage.co/democrats-market-structure-leaked/

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Discussion

Anybody pushing transparent coins over privacycoins is an enabler of these policies.

Legislative proposals like this are why I can’t take the “but your node might be hosting illegal content” argument seriously when considering Bitcoin development direction.

nostr:nevent1qqsvhenlc0vwe2xjljg0crs5j5krlgg602hr4d96dwj4j9ju06gq64gj9m4qh

The rage dropping bangers low key