The anti-mixer arm of Congress

[dkbit98]

Number two: This bill was co-authored by SBF's brother. Let that sink into you for a second. It underscores why SBF deserves to rot in jail for an eternity. He does not care about crypto, but he is for "Big Government".

Did he also put his own brother in jail?
They are all just puppets who are only following orders, and they don't want people to have any privacy.
I think this is last chance for us to try and resist new laws that are coming, or most people will end up as slaves soon.

I think it has some privacy.  Better than using a bank (in privacy)
For example, you can pay me 200 USD without knowing my real name or bank account. The only other way to do that is buy using cash (or other crypto currency).

It actually has worse privacy than banks because it's public and everyone can see and track all your transactions on blockchain.

[MrSpasybo]

I think that mixers aren't the problem, but the criminals who use them (with are just a small part of their users).

Sadly, privacy is becoming harder and harder to achieve just because this anti money laundry war doesn't care about citizens rights for privacy.

Mixer is just a service in this market, and it can be abused by criminals. Cash, gold, traffic routes, and weapons can all be abused in this way, we do not ban people from using these things, but we find ways to manage them.

This new proposal related to Mixer could make it impossible for Mixer to continue to exist strongly in the market, meaning that criminals will lose many tools for money laundering. However, its negative impact on users and the crypto market may be even greater, hindering the market and infringing on the ownership and use of crypto assets by many people: it would be unreasonable for someone who is completely innocent to have their assets frozen just because a few satoshi in their account was related to Mixer years ago, when he has never used Mixer.

I don't think privacy is an issue in this event. This proposal is just a rush in the effort to manage the crypto market and fight money laundering!

[NotATether]

Number two: This bill was co-authored by SBF's brother. Let that sink into you for a second. It underscores why SBF deserves to rot in jail for an eternity. He does not care about crypto, but he is for "Big Government".

Did he also put his own brother in jail?
They are all just puppets who are only following orders, and they don't want people to have any privacy.

If I recall correctly, his entire family was trying to keep him out of jail, so I don't think so. They all have a background in law and legislative stuff too, so it's not like some sort of pleading is what they tried doing.

Nearly the entire democrat party was bought out by SBF's "donations" to them using customers' stolen funds, so that would shed some light on why they would want to protect him and keep grinding crypto at the same time.

[Lucius]

~snip~
btw. Didn't Trump provide crypto addresses for donations to his campaign?
https://www.theblock.co/post/293384/donald-trump-crypto-campaign-donation

As it seems from the article, it is only about NTF that T sells at his donor gatherings, but no coin is mentioned anywhere. I think he will be very careful here, because no matter how attractive the donations are, when it comes to cryptocurrencies you can always have problems with someone sending you something that is considered "dirty coins". A man like him has many enemies who would gladly harm him in any way.

That's why I think he will stick to those good old sayings - America first, the dollar above all else.

[Captain Corporate]

Considering Mixing isn't something that they would be getting any benefit from, I would guess that it is not really that complicated for them to have something like this. There will be a lot of politicians all around the world who would be against mixers if they knew what they are good for. I feel like we are not going to get any politicians who would end up with anything crazy, it wouldn't really be all that complicated, it will definitely be something that could benefit everyone if they are all gone. I have never used any person who used mixers for a very good reason, most of the time its always something shady.

[Faisal2202]

You say the bill they are trying to pass is already dead in the water, but I don't think that's actually happened, I mean SEC, DOJ, and other authorities are keeping an eye on all mixers, they are studying them, seizing them, not doubt they are doing the good stuff by keeping an eye on these mixers, because people using, promoting, building them, don't want to be a part of something that fakes everything, (means that fakes its real purpose of ML).

So for the wise adoption of the BTC and crypto overall, such steps are welcomed by me, but speaking of this particular legislation so-called as dead, I don't really think it is, or maybe it has given a purpose to authorities to keep an eye on all the mixer possible. They are doing everything to hold onto something so that they can seize another one. The points discussed in the quoted post, are valid that its quite hard to pick the infected tx from the last 2 years, although not impossible.

[dkbit98]

Nearly the entire democrat party was bought out by SBF's "donations" to them using customers' stolen funds, so that would shed some light on why they would want to protect him and keep grinding crypto at the same time.

Yes I remember that, he supported Biden on last elections and send a bunch of money for his campaign.
I don't think situation would be any different for him if he supported Trump and republic party, all this politicians are puppet liars who work for the same bosses.
If sometimes it does appear like they are arguing it's only a circus show for the people as a distraction.
Nobody should fall into another of Trump's trap, now it's with crypto.