Crypto is under attack!
“(a) In general.—No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent, from or to a financial institution, a material fact concerning the ownership or control of an account or assets held in an account with a financial institution."
“(b) Penalties.—A person convicted of an offense under subsection (a), or a conspiracy to commit such offense, shall be imprisoned for not more than 10 years, fined not more than $1,000,000, or both.
Senator Diane Feinstein is trying to push a bill to essentially make it illegal to use cryptocurrencies. We need to work together to kill this particular bill. Whatever reservations you have about "oh, calling your congressman is straight communism" or whatever, now is not the time, we need to murderate this law.
Read the bill here
Basically, this is just starting out, but we need people to help us defeat this. Let's be focused, people.
OUR GOAL: Kill this bill, permanently if possible.
This bill is awful. It has crazy stuff in it like:
SEC. 8. Freezing bank accounts of persons arrested for offenses involving the movement of money across international borders.
Yeah, that's right. Send bitcoin to your auntie in the old country and you'll get 5 years, matey.
SEC. 10. Technical amendment to restore wiretap authority for certain money laundering and counterfeiting offenses.
Suspected of using bitcoin? Great, now we have a justification to look at your nudes!
SEC. 15. Obtaining foreign bank records from banks with United States correspondent accounts.
This entire section is terrifying and orwellian beyond what I can do justice, you'll need to read it.
How can I help??
Contact your senators!
The website is self-contained and fairly explanatory. Just select your state in the drop down, and you will be given two senators. Call both of them.
Tell them you want them to vote AGAINST S.1241. Tell them you like crytocurrency and this bill would make your life worse.
Crypto Portfolio Management
Join the Discord to talk about this
We need to clarify our strategy and focus on the methodology we'll use to try and defeat this bill. Ancaps are relatively inexperienced in this particular form of activism, but I think we can all agree that in order to ensure future cryptocurrency adoption, we need to ensure that the state doesn't squash it.
Gold and Black - Liberty!