Here comes the possible US Ban Hammer.. S.1241
Here comes a bill down the pipeline to possibly try to stifle the bitcoin eco system, and crypto in general. Its under the bill of "Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”
Hide your keys folks, they can seize your property under the umbrella of "civil asset forfeiture". This includes lock boxes.
Under these laws, they can literally take your money from you if you have over 10,000 in cash without the proper paper work.
Please contact your state senator and tell him or her not to sign bill S.1241!! https://www.senate.gov/general/contact_information/senators_cfm.cfm
BUY BUY BUY!
Banning = restricted supply = higher price
Amen!! I love when crypto goes on sale! Happy Buying/Hodling!
Price is down because the folks on the left side of this graphic aren't happy:
http://i.imgur.com/msxv6q7.png
It looks more like a state of war bill than a "Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”
I'm not surprised. At all.
It was only a matter of time. Power rarely if ever, likes to secede. So they will only try to extend their influence of power by force..