As Bitcoiners, it's imperative we don't suffer from short attention spans. Remember that there are elected officials trying to pass laws that seek to expand state control over citizens' ability to interact with the Bitcoin network. Thanks to LynAlden (npub1a2c…w83a) for the reminder in #BrokenMoney
The Digital Asset Anti Money Laundering Act, reintroduced in August 2023, seeks to inflate the Bank Secrecy Act's surveillance powers and seeks to limit the ability to use privacy-preserving services like coinjoins. Yet, these dragnet surveillance tactics often fall short in crime prevention, instead burdening law-abiding citizens with unwarranted intrusions.
Bitcoin, a manifestation of mathematical speech through open-source code, stands as a bulwark against such invasive regimes. Enforcing these surveillance measures only breeds administrative waste, rather than combating crime effectively. This underscores Bitcoin's intrinsic value and the essence of true decentralization: the ability to separate money from state control and to opt out from an intrusive system into a user-maintained ledger.
https://www.consumerfinancemonitor.com/2023/08/14/bipartisan-group-of-senators-re-introduce-digital-asset-money-laundering-act/
Storm
npub1a2…g3y0m
2023-09-27 22:46:16
Author Public Key
npub1a2aqwgnglw65px7a96qenc583n6apdguudynzgks847xjkzazleq5g3y0mPublished at
2023-09-27 22:46:16Event JSON
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"pubkey": "eaba072268fbb5409bdd2e8199e2878cf5d0b51ce3493122d03d7c69585d17f2",
"created_at": 1695854776,
"kind": 1,
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"content": "As Bitcoiners, it's imperative we don't suffer from short attention spans. Remember that there are elected officials trying to pass laws that seek to expand state control over citizens' ability to interact with the Bitcoin network. Thanks to nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a for the reminder in #BrokenMoney\n\n\nThe Digital Asset Anti Money Laundering Act, reintroduced in August 2023, seeks to inflate the Bank Secrecy Act's surveillance powers and seeks to limit the ability to use privacy-preserving services like coinjoins. Yet, these dragnet surveillance tactics often fall short in crime prevention, instead burdening law-abiding citizens with unwarranted intrusions. \n\nBitcoin, a manifestation of mathematical speech through open-source code, stands as a bulwark against such invasive regimes. Enforcing these surveillance measures only breeds administrative waste, rather than combating crime effectively. This underscores Bitcoin's intrinsic value and the essence of true decentralization: the ability to separate money from state control and to opt out from an intrusive system into a user-maintained ledger.\n\nhttps://www.consumerfinancemonitor.com/2023/08/14/bipartisan-group-of-senators-re-introduce-digital-asset-money-laundering-act/",
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}