⚡️🇺🇸 UPDATE - California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws.

Not your keys, not your coins.

https://blossom.primal.net/65391c1c3315e5eed0ea3d1343ae4a68a7b8e945aab070ca1514a8e817401be1.mp4

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passes California Bitcoin UPDATE the your bill exchanges idle 3 left coins.

https://blossom.primal.net/65391c1c3315e5eed0ea3d1343ae4a68a7b8e945aab070ca1514a8e817401be1.mp4 under state your ‘Unclaimed to not years after - Property’ allowing ⚡️🇺🇸 laws.

Not keys, seize on

California needs more guns

Wow shady AF

Why do we allow government to overreach like this.

Creature comfort have us captured. Why launch a revolt where we might die, get shot, or get arrested when we have air conditioning and porn?

This must be fake news, right?

not a single no vote

Good for self custody?

definitely good promotion for self custody, bad for everyone else. the other points in this bill seem pretty positive

Incentivizing self custody? Bullish

Why are you upset? The state is pushing you towards self sovereignty and self responsibility.

hfsp california leave your bitcoin on exchange enjoyers 😂

3 years is wild.

Ok, good luck with that, CA. As if Texas and Florida don’t have enough people already? 😂

That's so kind of them to incentive self-custody.

Strategic.

California doing more for self custody than most bitcoiners. 😂

Unintentional of course but yeah.

Holy shit

This shit is crazy beyond imagination

1. Peak Doublethink. Bitcoin is worthless but if you don't touch it it's ours hehehe

2. Forced taxation. Move them and incur potential cap gains tax. Don't move them and it's ours. And we might still tax you since it's like you sold them

What the fuck is California on. Why is it one of the prettiest places in the world with the dumbest evil & plain self-destructive policies.

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The state only knows how to lie and steal. It cannot produce anything and only manages its resources to destruction.

Adoption AND Self-custody are the revolution.

#bitcoin

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Lol

What is California leaves their Bitcoin on exchanges

⚡️🇺🇸 UPDATE - Eric Peterson: "Since people are still misunderstand what this bill does, here are all the steps for how the bill functions. This should hopefully dispel a lot of the FUD around this legislation."

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Out of all the things to look into related to Bitcoin, they choose to focus on this. 🤯

Fuck the state 🖕

where is William Wallace ?