Ninjastic
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Board Bitcoin Discussion
Merits 39 from 18 users
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The PATRIOT Act comes to cryptocurrency
by
o_e_l_e_o
on 23/10/2023, 14:39:09 UTC
⭐ Merited by NotATether (11) ,BlackHatCoiner (4) ,NeuroticFish (4) ,DooMAD (2) ,The Cryptovator (2) ,pooya87 (2) ,ETFbitcoin (2) ,ABCbits (2) ,Z-tight (1) ,coolcoinz (1) ,Zaguru12 (1) ,Despairo (1) ,Medusah (1) ,EarnOnVictor (1) ,Lucius (1) ,famososMuertos (1) ,DdmrDdmr (1) ,bbc.reporter (1)
https://freedom.tech/patriot-act-comes-to-cryptocurrency/

A fantastic article authored by Seth For Privacy (https://nitter.cz/sethforprivacy), who is the Head of Strategy & Marketing for Foundation Devices, known for their Passport hardware wallet.

As I've mentioned in another thread, and as Seth explains in this article, this newest piece of legislation is an outright attack on bitcoin. It is clear the US government want the only way to use bitcoin to be through fully KYCed centralized exchanges. They are trying their hardest to absorb bitcoin in to the existing fiat system and surveillance state, and destroy the very thing that bitcoin is.

What can you do about it? Get your coins off of any centralized exchange and in to your own wallet. Close your KYCed accounts and refuse to ever complete KYC again. Use privacy tools. Anonymize your coins. Refuse to use any service or product which treats bitcoin as non-fungible and discriminates or censors certain coins. Bitcoin was not made to become an off shoot of the fiat system, to be another tool by which the government can can surveil, censor, and control. And if you happen to live in the US, start contacting your representatives about this draconian piece of legislation.

https://bitcoiner.guide/nokyconly/
https://kycnot.me/


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