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RE: And just like that, Big Brother steps in

in #cryptocurrency7 years ago

This "U.S. Bill S.1241 " just goes to show how little the government understands Bitcoin & cryptocurrency... With a little caution (i.e. proper cold storage), you don't need to comply.

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Thats what I am wondering. A bitcoin and its key are different things if you are trying to regulate the movement of a bitcoin across a physical barrier like the JFK airport. The bitcoin isn't moving across that border, its still sitting in a wallet hosted in romania or whatever. Its the KEY to the bitcoin you asshats want to regulate.

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