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RE: The government plans to regulate digital currency

in #cryptocurrencies7 years ago

A - It's embarrassing how quickly this FUD spreads around the crypto circles. The bill has been up since May 25th. It hasn't even been voted on. And even when it is voted on, the language of the bill changes nothing for your average crypto user.

The only reason anyone is talking about this is because ZeroHedge went full shill tonight and decided to run an irresponsible article.

B - Regulate digital currency? They'd have to turn off the internet. All I need to transfer bitcoin is to give someone the private key. I can text it to them. I can read it over the phone. The government can only realistically slow down fiat transfers on exchanges. And even then, bring on the crypto economy.

Everyone needs to chill the fuck out. This is embarrassing.

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