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I don't know how you still have the patience to deal with the neverending stream of bullshit from those bureaucrats who think it's their God-given right to tell everyone else how to live, but I am happy that you do.

Very few of us have the patience to deal with that level of ignorance and deceit.

But you are right, if their ignorance goes unchallenged, then more and more bullshit will keep coming, and they won't be happy until the innovation is neatly locked away and declawed in a box they completely control.

Such lack of imagination.

Lyudmyla Kozlovska 1y ago 💬 1

I have to admit and it makes me bullish, that most of politicians are not aware about the importance of #PoW, but once they are able to ask questions and see the arguments they change their minds. It doesn’t mean that they become bitcoiners immediately, but those who care about human rights - stand on our side and support our recommendations for amendments. Also we know and cooperate with those politicians over decade - they know for example how #Kazakhstan and other Central Asia dictators abuse #AML/CFT regulations for transnational repression against their opponents. We speak with politicians with concrete examples, my case including.

This is how we were able to defend PoW during the drafting Markets in Crypto-Assets Regulation (#MiCA) and the same during AML Regulation in the #EU.

In the US #bitcoin is a commodity, in the EU is it a payment instrument in the upcoming AML regulation.

But now we need to explain/educate in the same concept: human rights defenders and deep knowledge of bitcoin miners about PoW.

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Lyudmyla Kozlovska 1y ago

The fight on the AML Regulation is also not ended, there are a lot of things to do, especially in the defense of p2p transactions and self-hosted wallets.

But again we succeeded in the EU to expose the need of protection of the data of crypto assets services providers and banks from the abuse of third countries. In the US this debate and work on the new AML package just has started.