Author

Topic: New Us law would not make cryptos illegal (Read 404 times)

newbie
Activity: 7
Merit: 0
June 20, 2017, 04:02:33 PM
#4
Also, US is not the world.

You sure about that?
sr. member
Activity: 350
Merit: 255
Good luck finding out my 24 word seed sentence, border guards!

Also, US is not the world.
legendary
Activity: 1764
Merit: 1000
yes, that's what i said, the poster have no clue about the bill. almost all parts of u.s government already recognized cryptocurrency/digital currency/bitcoin as asset
in japan the law already passed recognized cryptocurrency/digital currency/bitcoin as cash/currency
sr. member
Activity: 560
Merit: 253
Fear mongering bullshit by people who didn't read. It targets money laundering and tax evasion, allows the government to confiscate your money without due process or standing. It's unconstitutional but it's been accepted by the courts since the rise of conservatism in the 70s.  If you don't declare that you own more than $10,000 worth of crypto when crossing a US border, they will take all your assets and you will have no due process. Idiotic, par for the course for post-progressive US but it does not ban cryptos.
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