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Topic: New US law proposal will make all crypto illegal - page 6. (Read 6632 times)

GRR
sr. member
Activity: 249
Merit: 250
It is not like they can stop the natural order of things. I do not think the demand will be reduced. It also didn't work in the era of prohibition. There will be workarounds until they join what they cannot fight. When they ban A, some thing called B will emerge and C is already in development. When they finally ban B it is time for C, etc. It is an illusion to think in a technologically advancing world to stop processes like decentralization and cryptography. Dinosaurs clinging to their power are afraid of losing it, but they are a dying race.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
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.
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
Well it's very good news for bitcoin holders as it will affect on bitcoin's popularity and value on the future.

This bill will make BTC illegal in USA, what is "good news" for BTC holders here?
legendary
Activity: 1274
Merit: 1001
Well it's very good news for bitcoin holders as it will affect on bitcoin's popularity and value on the future.
Everything will be more anonymous and faster than using fiat but of course there will be disadvantage for example , terorist able to use bitcoin in more ways and variuous coin
legendary
Activity: 1764
Merit: 1000

nope, it not say anything about using bitcoin/cryptocurrency/digital currency is illegal. it illegal if you not declare it or use it illegally.
also know almost every parts of u.s government already recognized cryptocurrency as asset or other form of currency/asset.
don't forget everyone love the techs, included the u.s government them self.
if this bill is passed it mean nothing to the crypto world, if someone caught in this drama bill they would of just referred to irs who already said bitcoin classified as asset. it probably illegal in the use case kind of way, like funding terrorist using bitcoin, even fiat is illegal.

this poster have no clue of the bill and should delete or change the title of the post.
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
the Soviet Comunists

https://en.wikipedia.org/wiki/Haymarket_affair

What have "soviets" to do with this "American Heritage"?
sr. member
Activity: 560
Merit: 253
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.
sr. member
Activity: 672
Merit: 251
Land of the free, my ass.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects

Use to be honest country they use to call it war department meaning they go to war then end war come home, now they go to war to some contry call it "defense".

I think they will outlaw crypto because America is "land of free" just like they did with poker and they will call the law something deceptive like their "defense" department probably call it "Freedom of Crypto" act...

I love how America has beat the Soviet Comunists in double speak and put them to shame.
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