This is the language the Executive branch supposedly wants to use in its ban on bitcoin privacy tech. The middle one would ban using a program to "manage...the structure of a transaction." Wouldn't that ban any software that creates any tx? Wouldn't that ban *everything*? 
Discussion
Ya they’re retarded
I am sure the Bitcoin Policy Institute was doing a "great job" with that text.
😂😂😂😂
FUCK THIS SHIT!!!!!!!1!!!!!1!!!
This would basically render self sovereign bitcoin illegal but hey, at least we’d have the Strategic Bitcoin Reserve! 😠
it would also render custodial bitcoin illegal as well as any software that sends bitcoin anywhere, including into the strategic bitcoin reserve
every wallet manages the structure of its transactions
you cannot create a transaction without the thing they want to prohibit
Anything they come up with will end up being some attempt to ban bitcoin because bitcoin makes it so easy to circumvent whatever stupid barriers they try to put in place. And fortunately there's no subtle, innocuous rule the can make that isn't obviously a de-facto ban that will instantly trigger a defense reaction by bitcoiners.
My favorite one is the last one. Waiting to have a cup of tea before sending your payment? Straight to jail.
Feds: "You're going to jail."
Wallets: "But we didn't do anything!"
Feds: "We have video of your users delaying their transactions."
Wallets: "That's *their* fault! *They* delayed their transactions!"
Feds: "You *let* them. You're under arrest."
😆 ... Or, you create a timelocked transaction to pass money to your heirs. Developer who included the nlocktime field in the GUI ... straight to jail.
Can't KYC the unborn.
One of these days everyone's going to realize that the way to develop FOSS is anonymously (or at least pseudonymously). Satoshi taught us this in 2008. Seems a bit odd the only developer's projects I can think of that seem to have followed this suggestion are Calle's...
This isn't Reddit 😀, we should link to things instead of just providing screenshots to farm rage
https://stacker.news/items/1218322
which itself links to https://www.therage.co/us-government-to-bring-patriot-act-to-digital-assets/
Through my own searching, I found something official which might be relevant: https://www.fincen.gov/system/files/federal_register_notices/2023-10-19/FinCEN_311MixingNPRM_FINAL.pdf
Oh no! Anyway...