RE: Fungibility and Civil Asset Forfeiture
Doesn't this act have to be passed?
From what I have seen it hasn't been passed. I found this article on the issue where the author seems to be pretty adamant about the fact that there is currently no technology available to get targeted individuals to forfeit their coins. I do understand what you are saying in regards to third parties, but ultimately it would depend on whether or not they are based in the US. Poloniex is registered in Delaware and Bittrex is based in Las Vegas Nevada, so they are basically screwed and anyone with coins on there as well (including myself).
Do you know where Open Ledger is based? And what are your thoughts on all of the self proclaimed anarchist libertarians who seem to support Donald Trump here on steemit, if their guy actually puts force behind this act? You think that would be the straw?
I don't know, the civil asset forfeiture laws are pretty broad, and there have already been cases where funds have been frozen, or even forfeited.
Even if it's not passed, the risk is still there it's just that it's smaller. If it does get passed, which I think it will, then the cat's out of th box.
Yes all major exchanges are from the US, and China already has capital controls and similar legislation, so no big exchange is safe.
I think a lot of the support behind him is because he promised to get some jobs back, which I don't think he will deliver upon.
So peope will wake up eventually. What I am more worried about is that this alt-right has inspired many Nazis, both in the US as in Europe, and that is a bigger concern.
I am from Washington D.C., and attended college in Florida. I know people don't need an excuse to be hateful in the States. I am currently living in the UK and right now vacationing in Spain and while I have come across some short sighted ignorance and read a few shady stories in the news, for the most part their version of conservative is the U.S. version of Democrat, and Europe would not tolerate putting any real authority or credibility behind hateful rhetoric, imo.
Yes I like how Europe is more tolerant in this matter ,it's basically the most civilized society right now in the entire world.
That being said, the EU itself is pretty tyrannical, their regulations are strangling small businesses, and tax levels are through the roofs in Europe. This is a big problem.
You're right but just like Trump, Brexiters in the UK are doing little to squelch the rumors that their is a racial agenda associated with their pursuit of fair trade and taxation without representation. Those in power fear they won't achieve their objective without the radical conservatives on-board, radical conservatives that are the last thing you would ever think of when thinking of a Theresa May or Donald Trump, but somehow find themselves in the same boat but don't denounce it.