The Government is trying to get our bitcoin and other crypto-currencies.
I think we should all call our senator and Congressman, and try to fight this bill because if this passes our use of crypto-currency would be fast tracked to criminalization.
SENATOR’S WAR ON BITCOIN & CASH
New legislation aims to hurt cryptocurrencies
From: Infowars.com
"Purportedly to respond to off-shore tax evasion exposed in the Panama Papers, new legislation would escalate tax evasion to the far more serious crime of money laundering.
But it’s really upping the ante on total surveillance and total control of financial assets as it specifically targets all forms of digital currency and physical cash outside the domain of the banking system."
First published on Infowars.com at https://www.infowars.com/senators-war-on-bitcoin-cash/
the government doesn't like crypto because they don't get a cut of it!
@cryptotraderx
I have been working for years advocating for our industry and this is a another sneaky method of downright stealing what isn't theirs. The Senators that are on this bill make who and what they support clear.
Thank you @cloudnine
We knew they would try to attack it anyway they could. It will only hurt the US in the long run, trying to attack it.
Unfortunately here in the UK bitcoin is held away from society as much as possible! Especially in the south coast. No advertising or support from organisations. MSM worked there magic and most think it's a tool for criminals.
@crypto-curt I'm sorry to hear that, and not surprised. The UK government and the USA have vested interests in their own system, and they should leave our system alone.
Interesting article. Upvoted!
Thank you
Bitcoin
MAYBE ITS TIME
depeche, my boys! :)
Government is foul
Yep we don't need them
Nothing will ever stop bitcoin from being used..the fact is they just want to be nosy. If you're doing legal activities who cares what the so called governs think right:) Life is give or take I'm certain we will have to pay tax in some form in every-way through t life..that's the balance yin/yang. Nice share!
@arcaneinfo I wish it was that simple, but history is there to teach us that once government starts something and we accept it it will only expand further.
Sounds like a waist of time, effort and money on governments part. They will never be able to keep up with technology.
@smitty They never do!