Avatar
bitjoon
70bf79850cf55251b5bfc423cf49a29e60596fbccc0e37586ad94c6601513ccd
Bitcoin maxi, freedom capitalist, ultramarathoner, mountain climber, and student of the universe
Replying to 516add19...

https://www.blogto.com/city/2023/09/how-canadians-will-get-more-money-government-soon/

"Several of the federal government's benefits, credits, and rebates are set to provide much-needed extra cash to eligible people nationwide."

JUST STOP TAXING US! πŸ“’

If they stopped taxing so much, the government employees couldn’t take their cut πŸ’œ

Okay, stay humble & you know the drill πŸ’œ

Don’t sell yourself SHORT. Cap that M and be truly unstoppable πŸ˜ƒπŸ’œ

Replying to Avatar Maya Parbhoe

πŸ«‚πŸ«‚πŸ«‚πŸ«‚πŸ«‚πŸ«‚πŸ«‚πŸ«‚πŸ«‚πŸ’œ

🀣 I was listening to a BTC podcast (WiM) while petting my dog with one hand and phone in other. He kept putting his nose to the hand with the phone until I stopped playing it. He wanted my undivided attention.

The spread has become faster than human viruses πŸ’œ

I was amazed by the balance that I missed the question. My apologies.

I like to participate in sports, not much of a spectator. Swim, bike, run, mountain climb, yoga, and dog walks. Not sure all those qualify as sport. πŸ’œ

Lunch is still several hours away, but that activated the hunger switch πŸ˜‹πŸ’œ

Humility is pretty sexy, so respectfully disagreeing πŸ’œ

Replying to Avatar SovereigntyQuest

USA are you really ready? Latest press release states that nine more cosponsors of the bill have been named. You think this bill stands a chance to be passed?

https://www.warren.senate.gov/newsroom/press-releases/warren-marshall-manchin-graham-expand-coalition-for-bipartisan-bill-cracking-down-on-cryptos-use-in-money-laundering-drug-trafficking-sanctions-evasion

This is The Digital Asset Anti-Money Laundering Act. It would:

Extend Bank Secrecy Act (BSA) responsibilities, including Know-Your-Customer requirements, to digital asset wallet providers, miners, validators, and other network participants that may act to validate, secure, or facilitate digital asset transactions.

Address a major gap with respect to β€œunhosted” digital wallets – which allow individuals to bypass AML and sanctions checks – by directing FinCEN to finalize and implement its December 2020 proposed rule, which would require banks and money service businesses (MSBs) to verify customer and counterparty identities, keep records, and file reports in relation to certain digital asset transactions involving unhosted wallets or wallets hosted in non-BSA compliant jurisdictions.

Direct FinCEN to issue guidance to financial institutions on mitigating the risks of handling, using, or transacting with digital assets that have been anonymized using digital asset mixers and other anonymity-enhancing technologies.

Strengthen enforcement of BSA compliance by directing the Treasury Department to establish an AML/CFT compliance examination and review process for MSBs and other digital asset entities with BSA obligations and directing the Securities and Exchange Commission and Commodity Futures Trading Commission to establish AML/CFT compliance examination and review processes for the entities they regulate.

Extend BSA rules regarding reporting of foreign bank accounts to include digital assets by requiring United States persons engaged in a transaction with a value greater than $10,000 in digital assets through one or more offshore accounts to file a Report of Foreign Bank and Financial Accounts (FBAR) with the Internal Revenue Service.

Mitigate the illicit finance risks of digital asset ATMs by directing FinCEN to ensure that digital asset ATM owners and administrators regularly submit and update the physical addresses of the kiosks they own or operate and verify customer and counterparty identity.

Warren doesn’t have a good record of passing legislation. She is like the Jim Cramer of Congress πŸ’œ