Hi fellow liberty-lovers and crypto enthousiasts,
A new bill was introduced by senator Diane Feinstein, which will make it virtually illegal to use cryptocurrency in the United States.
“(a) In general.—No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent, from or to a financial institution, a material fact concerning the ownership or control of an account or assets held in an account with a financial institution.">
“(b) Penalties.—A person convicted of an offense under subsection (a), or a conspiracy to commit such offense, shall be imprisoned for not more than 10 years, fined not more than $1,000,000, or both.
This law will not only concern fiat currency, but also cryptocurrency.
If you care about freedom, you should try to kill this bill at all cost. If you're an American citizen, now is the time to act!
This bill is absolutely crazy:
SEC. 8. Freezing bank accounts of persons arrested for offenses involving the movement of money across international borders.
Yeah, that's right. Send bitcoin to your auntie in the old country and you'll get 5 years, matey.
SEC. 10. Technical amendment to restore wiretap authority for certain money laundering and counterfeiting offenses.
Suspected of using bitcoin? Great, now we have a justification to look at whatever you say!
SEC. 15. Obtaining foreign bank records from banks with United States correspondent accounts.
This entire section is terrifying and orwellian beyond what I can do justice, you'll need to read it.
How can I help??
Contact your senators!
https://www.senate.gov/general/contact_information/senators_cfm.cfm
The website is self-contained and fairly explanatory. Just select your state in the drop down, and you will be given two senators. Call both of them.
Tell them you want them to vote AGAINST S.1241. Tell them you like crytocurrency and this bill would make your life worse.
Please, also share this message with your fellow countrymen and women. Wanna keep records of your steemit earnings? Report them to the IRS? I don't think so. Contact your senators now!
Source: CoinTelegraph
For more information, check out the website http://www.save-crypto.com/
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