Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: sirty143 on December 13, 2023, 07:46:27 AM

Title: Senate Coalition Grows to Crack Down on Crypto's Use in Illicit Finance
Post by: sirty143 on December 13, 2023, 07:46:27 AM

Senate Coalition Grows to Crack Down on Crypto's Use in Illicit Finance

(https://i.imgur.com/KwDcurem.jpg)

U.S. Senator Elizabeth Warren’s bill to crack down on crypto’s use in illicit finance has gained more support among lawmakers. “The Treasury Department is making clear that we need new laws to crack down on crypto’s use in enabling terrorist... See more for yourself here (https://news.bitcoin.com/senate-coalition-grows-to-crack-down-on-cryptos-use-in-illicit-finance/).

Your opinion is greatly appreciated.

Title: Re: Senate Coalition Grows to Crack Down on Crypto's Use in Illicit Finance
Post by: Tribalchief on December 21, 2023, 09:21:49 PM

I won't categorically say they're all wrong, but it's disheartening to observe that when faced with a situation that threatens their position, they only see the negative aspects and overlook the positives. They neglected to mention the benefits of crypto, such as financial freedom, decentralization, wealth opportunities, a stress-free banking life, and the removal of unnecessary limitations on cash withdrawals. They just can't bring themselves to ask: How will the crack down of crypto use affect those who are already living their dream life?