WTF? So in America Holding Bitcoin may lead to CIVIL ASSET FORFEITURE or PRISON - Read s.1241
They can take EVERYTHING YOU OWN if you do not declare your Bitcoin.
https://www.congress.gov/bill/115th-congress/senate-bill/1241/text
5 years in prison if you don't fill out the declaration form.
US Senate Bill S.1241
We all need to call Senator Chuck Grassley and raise hell about this.
Don't take this laying down Steemians. This is about our Freedom.
Yes you can be fined up to $20,000.00 according to this bill.
Yep that's right, up to but not more than 10 years in prison!?
WTF. I thought this was the land of the free.
Well it is time to become the home of the brave and CONFRONT YOUR ELECTED REPRESENTATIVES.
Chuck Grassley is the author of this bill and you can bet the Banks are behind this.
We cannot allow this to become law.
Phone: 202-224-3744
Phone: 515-288-1145
Don't know your reps phone number?
Try this https://www.house.gov/representatives/find/
Just my two Steems Worth.
If you enjoyed this let me know with a resteem and an upvote. New Followers and comments are always welcome too.
Just think how much your Bitcoins will be worth after ten years in jail. This law may make even more millionaires.
:D hhahah well hopefully :D it's strange the focus is on get rich quick :) millionaires one day are forgotten the next :|
For them to be safe for that long, they'd need to be in a decentralised exchange like openledger.
That's a valid thought. I need to look into that. Perhaps a past after some research. Thank you for mentioning that.
awesome post
You are right saying you need to confront your senators... there's just so much corruption on so many levels it would probably better to just fire the whole senate and reestablish some kind of real democracy... maybe through blockchain votes?:p how about running the government on a open ledger so you dont have to wonder where trillions of dollars went missing...
"Oh... You earned something that could be considered money? Where's my piece? I need that shit to build bombs and screw people over..."
-- US Government
If they would just leave us the hell alone, we might be able to use our money to actually fix the economy...
Uh... well I keep my coins in the bank Of Sealy Posterpedic.
Bahaha! I've heard that's a pretty secure bank to hold anything in 😁
The US is not the land of the free.
This country is run by the banksters...the politicians are just puppets for Wall Street. Greed is good...that is their motto. They will do all they can to maintain control.
Throw the existing politicians out and the new ones end up doing the same thing. Until the bankers are crushed, nothing will change.
Thanks for the post.
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Governments are struggling to control bitcoin and blockchains, these are true tools for change and the status quo does not like change, especially if it empowers the people by taking power away from centralized banks and government. Remember the golden rule...the one with the gold rules, they don't want to lose control of the gold
I am looking forward to this disruption. It's no different than the way the taxi companies have had the local gov't keep Uber and Lyft out of the airports. Eventually though the Taxi will fail. Then the Gov't will be looking to get that Medallion fee from the Rideshare companies.
Great article. Thanks for sharing!
Wow i would have never known this had you not posted it thank you
lolololololol this won't stop people hiding their wealth. Screw the corrupt banks and their greedy owners
they are trying to centralize the coin !
They are going to lose this one I think. Decentralization can only be stopped with an EMP.