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Topic: New US law proposal will make all crypto illegal (Read 6650 times)

newbie
Activity: 57
Merit: 0
September 01, 2017, 04:04:39 AM
"the land of the free"
How dare they even say that about themselves  Roll Eyes
They say it's on novel and films. not in real life.
newbie
Activity: 70
Merit: 0
It is getting more difficult to be a crypto user...

You can use Bitcoin Cash, it is still legal. Grin
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
It is getting more difficult to be a crypto user...
QFT
sr. member
Activity: 476
Merit: 250
"the land of the free"
How dare they even say that about themselves  Roll Eyes
sr. member
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
Thats true during Trump presidency, congress dont have so much power. I think we shouldn`t be worry about those things, because they won`t happen in the near future.
member
Activity: 98
Merit: 10
these all lame... government wants to hand the crypto world because these aint no tax... now they seeing it a Billion dollar income and they cant touch even a single penny... they want to control and give by-laws on crypto so they also get a profit on it... how sad is this....
full member
Activity: 182
Merit: 100
And take heart that during the Trump presidency, pretty much NOTHING will get through Congress, meaning people will be saved by inertia.

Totally agree people should stop panicking as if you take closer look what is  happening in Congress then I have no worry about anything passing thru Wink

legendary
Activity: 1652
Merit: 1088
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sr. member
Activity: 602
Merit: 252
Can't see this happening at all with Bitcoin being a major cryptocurrency which is already being used in most of the parts in the United States. With the number of altcoins and ICOs making it to the top of the market caps, its pretty clear that the government wants a grip on all of these and they're just trying to push for it. Hopefully this doesn't happen because it would a very bad move and restricting cryptocurrency usage in an already crypto-treaded world seems like it will just make people go around the loop and still use it.
member
Activity: 195
Merit: 10
It’s only a proposal. USA is one of the top countries where Bitcoin is accepted. I am pretty sure that they won’t go for it.
full member
Activity: 336
Merit: 100
Alfa-Enzo: Introducing the First Global Smartmarke
How will they make it Illegal . the US Government Taxed Cryptocurrency.
i think they are not satisfy about how much they earn from crypto tax.
maybe because of the Fast Changes at the Price of the each Crypto and
can't Estimate the Right Tax for it. 
full member
Activity: 252
Merit: 100
I think there is nothing wrong with the regulation in your link, i read the comments in that video too and i think there is no problem as long we not exchange more than around 10.000$, especially for foreign visitors. The government just want to play safe, avoid money laundring that's very trending , that's it, but in the end every criminals smarter and one step ahead them, and again this is crypto, it's almost impossible to trace every transaction.
newbie
Activity: 7
Merit: 0
trying to ban something that's decentralized and community driven is like trying to ban the sun from coming out... US lawmakers gone crazy Undecided
sr. member
Activity: 672
Merit: 250
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Not surprise with this one since, many banks are not in favor with crypto. But i believe one day this will be revised since crypto is good help to the society.
full member
Activity: 154
Merit: 100
Americas also banned cocaine and MDMA but every kid on each street corner is selling. Imagine them trying to "Ban" cryptocurrencies. HA

How the fuck would they even begin to try to enforce this law?...

What a joke haha


My thought exactly. It's not like you're crossing the border with with a bag full of cash.

These politicians are not only computer illiterate but also incredibly stupid.  Grin

Pab
legendary
Activity: 1862
Merit: 1012
It relates mostly to crossing the border with undeclared funds. It does not make cryptos illegal. It does expand civil forfeiture so the constitution can continue to be trampled on. Good think I'll be an EU citizen soon, maybe time to renounce my us citizenship.

That wont happen I'm citizen in Europe problem is American aggressive hate of freedom forces all their anti-citizen laws on everyone around the planet so Europe will just force their anti-freedom laws on us later. Whatever America hates (mainly freedom) they force it on other countries specially Europe.

It is not like did you say,we dont have FACTA,ACTA in Europe,whatever to say about Europe there s very strong citzenship movement,if you are from USA i can tell you Europe is continent not country,sorry there are some people in USA what think Europe is some country.To do anything in EU all 28EU contries have to agree,no way here
sr. member
Activity: 406
Merit: 251
Americas also banned cocaine and MDMA but every kid on each street corner is selling. Imagine them trying to "Ban" cryptocurrencies. HA

How the fuck would they even begin to try to enforce this law?...

What a joke haha
sr. member
Activity: 518
Merit: 251
Hello. Bye.
Americas also banned cocaine and MDMA but every kid on each street corner is selling. Imagine them trying to "Ban" cryptocurrencies. HA
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
I guess if United make new laws that would make all illegal crypto then the American Government was looking for a reason to grab your purse, then it's because you've done something quite which one to get there. This rule is not created so that the police can go up and down the street and randomly asked someone for a glimpse of the crypto wallet. then when they find You they can always find something to put you in jail that's why they make 1000s of regulations, then it is reasonable only if the United State's much better put a be of good Wink

Hay Congressmen and Senators make 1000's of regulations every year agains those "free" americans so if someone is against me I can put him in jail and if someone has something I want I can take it for them based on those regulations. I'm sick of these American's thinking they can have their freedom. And by the way I'm tired of these crypto bitcoin nuts i need you to put them in Gitmo (use the Freedom act).
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