Valkenburgh is a stud

I guess the political class would be thrilled to have an army of cypherpunks having their re-used address at hand and the consequences it entails.

https://www.coincenter.org/comments-to-the-financial-crimes-enforcement-network-on-proposal-of-special-measure-regarding-convertible-virtual-currency-mixing-as-a-class-of-transactions-of-primary-money-laundering-conce/

Um what the fuck?

they got a bomb ass bitcoin t-shirt too

Coincenter has been useless since their inception and it shows. Do not support those absolute clowns.

I hope they define the best-practice as mixing and forbid it. Let’s get the “fight you” phase over with as quickly as possible.

I have a growing suspicion that there is no future for Bitcoin in the US.

🔥

Had me until that coincenter garbage fuck donations

My thoughts on this in the form of a song I wrote.

#punk #bitcoin #newmusic

https://wavlake.com/album/98713b4e-0303-402f-a918-e25dee8f28e4

horrid

I don’t think switching out the reserve currency with a decentralized alternative would be *aided* by the current regime.

I’m sure these opening salvos will seem trite a few battles in.

Own node !!!

It's only going to get worse before it'll get better... Prepare for it!

nostr:nevent1qqstf99gr6n408rdqqt4su3yw2agdw6ydjy69apae7pkpsgrpk7yevsppamhxue69uhkummnw3ezumt0d5pzqkx8gx4xxrpd5dd9dfmur5znsxggh5g9qn7a9k958ae9a7ndyvvkqvzqqqqqqyehjusr

Bummer. Fuck them with my fuck you money.

Not reusing the same adresses is considered "mixing"??? Not at all, this is just compartimenting UTXOs.

"Unhosted wallet providers" there's no such thing as a unhosted wallet. All the wallets already exist on the network, no one owns a wallet like you would with a bank account... you can't host a wallet, you pick one up from the network and you use it, thats all.

This is just an attack on privacy, fuck I hate them!

Why not they legislat e deez

Insane.

Here’s detail on the “single-use addresses”

above nothing new info

This is why I literally have almost a dozen coin center t-shirts. Had I stacked sats instead, would be worth way over $10,000.

Now which one of these "books" dirtbags forced this legislation to be written?

sounds dystopian af

sounds like the state wants to teach Bitcoin best practices

the state is dumb, be smart, don't re-use addresses 🤓

Our list of allies grows thin, we need people fighting on all fronts, I'm glad they are using their skills to do as much good as they can do.

Gold

That sounds horrible and infringing on human rights...

OFAC should GOFAC themselves.

"And then they fight you" is in full affect.

nostr:nevent1qqstf99gr6n408rdqqt4su3yw2agdw6ydjy69apae7pkpsgrpk7yevspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzccaq65ccv9k3454480sws2wqepz73q5z0m5kckslhyhh6d533jcpsgqqqqqqsprxn9r

Our leaders have gone full tyrant

And then they fight you...

nostr:nevent1qqstf99gr6n408rdqqt4su3yw2agdw6ydjy69apae7pkpsgrpk7yevspzemhxue69uhkzarvv9ejumn0wd68ytnvv9hxgq3qtrr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtqxpqqqqqqz7pr5d7

Yes. Coin Center does very good work, fighting the good fight on a shoestring budget most likely. Peter Van Valkenburgh in particular is a great legal mind.

It is only getting worse over time with a fully transparent ledger. Wake the fuck up, Saylor Fanboys. Without on chain privacy, BTC as freedom money is dead.

nostr:note1kj22s84827wx6qqhtpezgu46s6a5gmyf5t6rmnurvrqsxrdufjeqtkk57d

Curious to watch how long it will take number go up Bitcoiners to realize that Monero is what they thought Bitcoin is...

The solution is to win a huge grant from the federal government to build a KYC single address version of bitcoin, then release the new code to git right next to the bitcoin POS project. Throw in Rabble's brand new censor tools for double plus good.

Do they allow for earmarking donations to specific topics/categories?

Sorry but Coin Center are shitcoiners

Aren’t Trump and Biden crypto bros since last week?

Not my bag of feral cats .. but out of curiosity, are you also aware of which side of the aisle was doing the drafting?

If passed I will not comply. The constitution clearly protects these rights and I will continue to exercise them.

https://www.coincenter.org/comments-to-the-financial-crimes-enforcement-network-on-proposal-of-special-measure-regarding-convertible-virtual-currency-mixing-as-a-class-of-transactions-of-primary-money-laundering-conce/

Monero fixes this.

nostr:nevent1qqstf99gr6n408rdqqt4su3yw2agdw6ydjy69apae7pkpsgrpk7yevspz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzqkx8gx4xxrpd5dd9dfmur5znsxggh5g9qn7a9k958ae9a7ndyvvkqvzqqqqqqywklxkz

They really should allow lighting for donations

who, specifically; is Capitol Hill?

no sats sorry/accepting volunteers?

Simple question here:

If all this legislation did pass how would that affect how Bitcoiners and folks who want to use Bitcoin in the future? Would they stop using Bitcoin wallets? Would they stop using Bitcoin…? The answer I believe is no.

The legislation would create a “white market” where exchange would happen “underground”. Innovation towards finding new technologies that can work around the legislation would sky rocket. The legislation would create a never ending game of waak-a-mole. Not to mention this legislation would probably send bitcoin’s exchange rate to the U.S. dollar to the moon!

The point of my response is to say that NOTHING can stop/regulate Bitcoin. There is no useful reason to give light to all these government/legislative attempts to regulate Bitcoin other than if your the business of announcing these events. If you’re a policy watcher, or you’re paid by a company to make or respond to policy would be the only reasonable explanation for giving these events any attention whatsoever.

Stack sats, peace, love…