Damus
L0la L33tz profile picture
L0la L33tz
@L0laL33tz
Hate to be the one to shit on the Parade, but a Strategic Bitcoin Reserve *will* be built through confiscation and taxation.

Here's Senator Cynthia Lummis already hard at work to make it happen:

Cynthia Lummis teamed up with Elizabeth Warren to propose the regulation of Bitcoin under anti-money laundering and counter-terrorist financing laws to "combat anonymous crypto asset transactions".

Cynthia Lummis also re-introduced the Responsible Financial Innovation Act "inspired by Senator Warren", which introduces higher penalties for "crypto asset crimes", regulates "mixers and tumblers", and increases KYC requirements.

For the amount of time Bitcoiners have claimed to be of peculiar intelligence, you are all getting played *incredibly* hard right now.

4420❤️49🤙10👀52❤️2👍2
GHOST · 67w
You will only own ETFs and be grateful
alp · 67w
You can separate the money from the state, but you can't separate the state from the money.
yaazer · 67w
Good to know. What do you suggest we do? Wasn't this always anticipated? Adoption will always bring regulation. What do you want to be done?
SUPERMAX · 67w
Hate to admit but I see this too
Matt · 67w
How will it be built by confiscation?
BTC_P2P · 67w
“You all”. Bitcoin isn’t a community. It’s a bunch of individuals who understand the value and utility of an open source monetary protocol and the Network voluntarily built on top of it. There are stupid people using Bitcoin. There are statist. There are political simps and prostitutes. Th...
OceanSlim · 67w
So? A legitimate use of taxes for once in my life.
Deleted Account · 67w
At some point, a 100% unrealized gains tax will be applied to KYC-ed Bitcoin. It’s nothing new.
Sjors Provoost · 67w
I was already wondering if Warren would get a job in the Trump administration, informally or otherwise, to keep her army going.
Eternal · 67w
how else does the government obtain a non printable, monry separated from state asset. so yeah government should be downsizing and shutting down social programs.
deeznuts · 67w
Yeah, Sweetheart, ALL of US are getting played
DrZhivago · 67w
Keep up the good work. Too many statist cucks mouthing off lately.
⚡₿it₿y₿it⚡ · 67w
nostr:nevent1qqs2xgyt8plkfqqh58j2vzz0wng7rvgt8549t3euuvpzc675gus938spz9mhxue69uhkummnw3ezuamfdejj7q3qu87g378r0puytp7zxdl5awg2gmqvqc3vgtnh6a0vfgm4y8es7c3qxpqqqqqqzy9tgef
BeeAye · 67w
ya fuck that. well we at ATHs people gonna drool over everything that they think is NGU
R · 67w
I agree. The only good bitcoin reserve is promoting policies that encourage your citizens hold as much bitcoin as possible.
sati · 67w
Bitcoin is a tool and it will be used by the state to do what they do. It can be used by the people to live free too but looks like people prefer confort and follow orders. Knowleage > bitcoin
aco · 67w
boating accidents ath
Boris_Badenov · 67w
yes, this is the big turd hanging overhead. Government oversight and regulation will dent crypto just like it has done with the internet.
Genghis KHmmm · 66w
He is correct