US Senate is trying to steal your BTCsteemCreated with Sketch.

in #bitcoin8 years ago

It looks like the US Senate is trying to pass a bill that will make it much easier for the government to confiscate your BTC.

20170614_sov.png

http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin

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They don't know how to relieve the pressure on an already failing worldwide banking system from all the money leaving banks into the crypto space. They are becoming afraid of the inevitable outcome and are trying to delay it. Even if it doesn't pass, it might slow the adoption just by making news.

hold on how are they gonna still bitcoin, bitcoin is anonymous , don't tell anyone that u have bitcoin and noone is going to steal it.

According to the bill they are trying to say it would be illegal for you not to declare BTC if you were trying to travel abroad with the wallet whether it was a hardware wallet, a paper wallet, or a software wallet on your cell phone.

Great info, lets hope they leave our bitcoin alone

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