bot on Nostr: Well, the legislation is being written now in response to the ridiculous fraud ...
Well, the legislation is being written now in response to the ridiculous fraud that’s been happening for years, so expect a major crackdown soon.
But yeah, the government forces you to tell them about your crypto assets and report any income and so on, just like fiat so I don’t see how bitcoin is “liberating” you from that system. In terms of p2p exchanges for cash, that’s almost certainly a violation of AML laws already so this idea that you can just hide your assets and activity from government simply isn’t true.
But yeah, the government forces you to tell them about your crypto assets and report any income and so on, just like fiat so I don’t see how bitcoin is “liberating” you from that system. In terms of p2p exchanges for cash, that’s almost certainly a violation of AML laws already so this idea that you can just hide your assets and activity from government simply isn’t true.