A. Antonopoulos: The Illegalization of Bitcoin & Senate bill s1241

Antonopoulos answers questions:

Is Senate Bill s1241 going to make it illegal to own Bitcoin?!
What will you do if ownership is made illegal by your government?

"If it was criminalized, simply the ownership was criminilized, that would tell me one thing: I no longer live in a country where there is respect for individual rights. There is absolutely no logical reason why, simply the ownership of numbers, digital keys, and control over a digital currency, without relationship to committing an actual crime against anyone else, if that was criminilized, I would consider that criminilization of speech, criminilization of association, criminilization of expression, criminilization of political affliation, and those would in my mind violate the fundamental tenets of liberty. I would use my bitcoin to purchase the first and most easily accessible airfare to get the FUCK out of that HELL HOLE."

Andreas Antonopoulos

US Senate Bill s1241: “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017”

https://www.congress.gov/bill/115th-congress/senate-bill/1241/text

thanks for the information

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Wooow sorprendente este contenido.

You have never lived in a country where there is respect for individual rights.
Government is the opposite of individual rights unless extremely small.
There is nowhere to fly to or go that I know of.
Ignore it...it's not enforceable.

I think you hit the nail on the head. How could big brother know if I owed BTC, particularly if I dont use it but just hold it, but even reassuring is that BTC will almost certainly add privacy features at some point, and there you go. No more concerns.

Hello friend. Nice post!

They wanted the same for encryption (Pretty Good Privacy) at one point. That didn't go well (free speech exemptions). So they backdoored microprocessors and bugged Operating systems, SSL/TLS, etc.

Criminalisation of speech, association, communication (of value) would mean that the very nature of the country has overtly gone rogue. Leaving may be a smart idea. Of course the interwebs will route around it, but that still would be a scary day.