Thread

Yup. So then what’s the play when we see EO6102 events or regs that prevent hold keys in qualified accounts (similar to PMs) or _____? They’re going to try to force everyone into their bolshevik banking cartel approved custodians or else. Do folks really think you’re going to have a parallel black market economy with their non-KYC stack? That seems naive. It will be pretty easy for the man to programmatically hunt and kill in the era of AI and 8k fresh IRS agents. So it seems like one either needs a side pot or a trusted custodian with a shared worldview or be faced with leaving the country or achieving second passport with a way to repatriate offshore investment earnings (assumes min level of wealth) or some other hack that I’m not smart enough to figure out yet. Or we continue to slug it out earning fiat till the inevitable rise of BTC and the USofA sees the orange light… that ain’t gonna happen until after a lot a lot a pain (GDII, war, famine, CBDC, etc). What can we do to preemptively get ahead of these possible attack vectors? Maybe high profile folks like Lynn don’t wanna go on record discussing which I understand. Anyone? Anyone? Bueller? Buuueler?

Oh oh... Again cryptography turning us into possible "enemies" just for exercising the option to #privacy 🔏🥷

Bitcoin is designed to go through four phases of war against the State: 1. Non-threat honeymoon period 2. Outlaw/criminalization period 3. Hash war 4. Surrender What you are describing here is the initial phase of the Outlaw period.

The United States federal government can officially suck my dick.

Fck governments View quoted note →

Exchanges in the US are already co-opted and their over eager KYC allows the USG to track coins that originate domestically and a weapon against self custodial uses of coins from exchanges. I think this is also is a way to bully offshore banks to not work with local Bitcoin exchanges. The complexity of if a tx does or does not fall afoul of these proposed rules will not be worth the risk of losing access to the US banking system. I still don't think most government regulators realize the peril the state (and their job) is in. These regulations are just the start of them waking up.

L-btc seems to work as quick option

Patriot act was supposed to be temporary of course ...

As long as crypto grifters like Sam Bankman-Fried exist, outlawing makes sense

Should we go nuclear and implement privacy on L1? 🤔

Patriot act itself needs to be sunsetted (without even getting into the fraud of its development and implementation)

GE View quoted note →

I hate FinCEN reporting requirements already. I hate FBAR. And this is like 100x worse.

But @npub1a2cw...w83a it's for our protection, how else would we be able to live safely/securely if the government & its cornucopia of unelected bureaucratic stooges didn't save us from ourselves

💯🎯

@npub1hq0k...f9mp said he would repeal patriot act day one @jack

If the time to disobey wasn’t clear to you, this should make it so

Well, next step is banning math

Is it even possible to comply if such a law was forced on us? Isn’t privacy by default already being built into layer 1 and 2?

Is the spot Bitcoin ETF is a psyop to distract us from impending totalitarianism??

$boost View quoted note →

share this with your representatives in the most persuasive manner. This among other things slowly attacks and reduces ways to flee tyrannical governments. The legal fight / stance is important.

Let's face it, if one day any government decides that crypto is illegal, there won’t be absolutely nothing we can do about it. For the moment, the crypto movement is tolerated, but if the feeling of mistrust towards a state, a currency or an institution grows, the tide may turn, and not necessarily in the right direction. It's the "anarchist" side of this ecosystem that displeases institutions, and that's damaging for the BTC project.