Quote from: NotATether on Today at 08:46:21 AM

Quote from: CODE200 on Today at 08:23:20 AM

They're basically preventing nothing because it seems that there's no clause in the legislation that says about creating another address, I guess when it's the geriatric and senile that's running your country, you're going to eventually see this kind of thing happen to your country. It also affects the fact that these old politicians doesn't really understand how technology works and even if you tell it to them, pretty sure that it will just go right over their heads, I mean look at what happened during that questioning that they did with Zuckerberg and the TikTok CEO, they can't get a straight answers because their questions were all stupid and doesn't really line up with logic.

The only thing that this legislation is going to do is to make it harder for US people to use crypto.

As if it wasn't hard enough already.

There's going to be two groups of crypto users in the world soon, the US users and the rest of the world. Because they want everybody there to use only large custodial services so that they can extract lots and lots of capital gains taxes. And the sad thing is, many of those people actually don't care about self-custody and just look at "number go up brrrr" until it's time to pay the tax collector.

Now that you've mentioned something about this bullshit of a legislation, I suddenly remembered that I'm from a country that's pro-American so whatever legislation the US is doing there, it will definitely be a thing here to, one example is the banning of Binance by the US SEC, months later, the motherfuckers here in my country that's also called the SEC did the banning too. So it will eventually become, US and the Philippines and the rest of the world. Americans really need to start investing in their future by voting the least retarded politicians in power.