You Won’t believe this INSANE New Law Against Cash and Bitcoin!
This is incredible! The US government wants every dime you have. Like ISIS or terrorists care about these laws? “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”
You can probably already guess its contents.
Cash is evil.
Bitcoin is evil.
Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil.
These people are certifiably insane. Check this out
SEC. 8. Freezing bank accounts of persons arrested for offenses involving the movement of money across international borders.
Section 981(b) of title 18, United States Code, is amended by adding at the end the following:
“(5)(A) If a person is arrested or charged in connection with an offense described in subparagraph (C) involving the movement of funds into or out of the United States, the Attorney General may apply to any Federal judge or magistrate judge in the district in which the arrest is made or the charges are filed for an ex parte order restraining any account held by the person arrested or charged for not more than 30 days, except that such 30-day time period may be extended for good cause shown at a hearing conducted in the manner provided in Rule 43(c) of the Federal Rules of Civil Procedure. The court may receive and consider evidence and information submitted by the Government that would be inadmissible under the Federal Rules of Evidence.
C. 13. Prepaid access devices, digital currencies, or other similar instruments.
(a) In general.—Section 5312(a) of title 31, United States Code, is amended—
(1) in paragraph (2)(K)—
(A) by inserting “prepaid access devices, digital currency,” after “money orders,”; and
(B) by inserting before the semicolon at the end the following: “, or any digital exchanger or tumbler of digital currency”;
(2) in paragraph (3)(B), by inserting “prepaid access devices,” after “delivery,”; and
(3) by adding at the end the following:
“(7) ‘prepaid access device’ means an electronic device or vehicle, such as a card, plate, code, number, electronic serial number, mobile identification number, personal identification number, or other instrument, that provides a portal to funds or the value of funds that have been paid in advance and can be retrievable and transferable at some point in the future.”.
The more insane they become, the more people will buy bitcoin
Insane! And lucky for us, completely unenforceable ...
Exactly. Just fuck them and let them play their games. We got our own games ;)
Great post @tomm. This would have slipped under my radar otherwise. I wonder how the detection of movement of bitcoin accriss borders will actually be policed. This is as I understand it one of the big advantages of cryptos. Especially when not reusung addresses, these ttansactions circumvent such evil legislation.
I find the freezing of banks accounts interesting too. That's the choke hold that the banking system has on us which is why there are movements to debank where possible.
Thanks for the post.
I think they will check your phone, computer etc. If there are any search words or any detection of bitcoin or cryptocurrency words, wallets etc. they will interrogate you further, grab your bank accounts and who knows what else!
Nothing is sacred!
DOn'T YOU jUSt LOVE ... the system of LAW !!! - )))
ALL-w-AYS S-HOW-IN-G .. US .. who WE are NOT !! - ))
LET THEM make RuleS !! - ))
THEY are ONLY embarrassing themselves !!! - )))
... the G(AM)E is already OVER !!! - )))
TheY've LOST 'their' HEAD .. and, will HIT THE G-ROUND
... any MommenT !!! - )))
EnjoY the S-HOW !!! - )))
LOVELOVELOVE )))
greb'Z )
Its ok people. We are not persons (legal fiction) we are human beings. Its a different kettle of fish when you try to take a hue-man to court and face a statute Act. Peace.
I am in no way surprised that they are doing this. These people are pure evil.
And sadly for me when such laws are being passed in the USA, they will probaly also be passed in some form in Europe.
Yes this post should be spread far and wide..!!
This is crazy!
Everyone write to your representatives imploring them to make this bill FAIL. If they feel they will loose their jobs over passing this obscene law it will FAIL. It is up to us the people whom are informed and see through the lies to make a difference!
Looks like they are making their move
wow they have have control of everything smh Thanks for shairng i had mo idea.