User

>repaid cards, other cards th

>banning decentralized exchanges

That's great in theory but it still will tank the entire market. Most people are going to risk going to prison to trade crypto if they make it illegal.

Pls stop conflating crypto with centralized exchanges.

Senator Chuck Grassley of Iowa and Senator Diane (((Feinstein))) of California.

>a cuck and a jew
>/pol/ was right again

>You will literally never be able to safely cash this shit out if these bills go through.
just cash out against actual cash person2person

who gives a fuck about burgers anyway

Except you could sell them to an undercover FBI agent and then go to prison.

coindesk.com/9-years-localbitcoins-trader-sentenced-latest-money-transmission-case/
coindesk.com/localbitcoins-users-criminal-charges-florida/

deepdotweb.com/jolly-rogers-security-guide-for-beginners/localbitcoins-part-1-police-are-watching-it/

Right. It's just a sign crypto will drain the swap for real

>create gemini account
>cash out because they follow all laws
gee that was hard

it will affect the whole market you moron

Are you retarded? The USA makes up a YUGE portion of the market. This could crash the entire thing.

>Feinstein sponsored a bill in a Republican dominated Congress
So this is absolutely nothing then.

this
cuckservatives will shoot down anything the Dems make, recreate the same policy and push it through 2 years later, after it becomes irrelevant

This.
cryptocoinsnews.com/republicans-slap-irs-coinbase-bitcoin-tax-hunt/

Oh wow the republicans doing something right for once

It's cosponsored by republican Senator Cuck Grassley.

Chuck*

I will just fucking move from the country no joke.

I
FUCKING
HATE
DIANE
FEINSTEIN

FUCKING KIKE

just pay your god damn taxes you libertarian fucks

The house and senate finally realized that XBY mooned on them and they didn't get their insider trading benefits.

Poor murricans your jewish elite won't allow you to be free.

Read the fucking article for fuck sake. It's a democrat and a republican senator.

coindesk.com/senators-call-digital-currency-oversight-anti-money-laundering-bill/

Anyone have a link to the bill? The link to Scribid is down.

because they want tax evasion too

suddenly you can understand the greed of the rich when you're making bank huh

Grassley fails at everything to, its like you don't even follow politics.

>banning Waves DEX

Bwahahahahahaha those congress cucks cant do shit....we have the russians on our side. In Vitalik and Sasha We Trust

>FREEZE WE HAVE A WARRANT FOR YOUR ARREST!!!
>O-o-officer, w-w-what d-did I do?
>Says here you've been caught smuggling PEPECASH. IS THAT TRUE?
>N-n-no sir
>Minecraft game still open mining DGB tokens
>You're going to jail for a long time mister

It's not taxes you have to worry about. They will be able to seize your shit on suspicion of money laundering or illegal activities and you wont be able to do fuck shit about it.

So? It's US politics lol, even being associated with Diane will get it shot down in a fully red congress

>TRUMP WAS FUNDED BY BITCOIN WE HAVE TO BAN IT
Would be amusing at least.

The full bill is on this page here:

coindesk.com/senators-call-digital-currency-oversight-anti-money-laundering-bill/

So, let's say they do ban crypto-currencies, what do we do for money then?

>Specifically, it calls for a report "detailing a strategy to detect prepaid access devices and digital currency at border crossings and ports of entry"
>a way to detect digital currency at border crossings
It never ceases to amaze me how stupid legislators are.

F O R E X
O
R
E
X

you know what would be really crazy though?

if they tried to ban crypto but the people were like, "No." and actually put their foot down for once

Bitcoin is the (money) revolution

this shit needs to be seen through until the U.S. dollar disappears forever

>Fewer than 1000 people were declaring Bitcoin profits or losses in their annual tax returns
HAHAHAHAAHAHAHA Bitcoin cucks aren't as dumb as I though.

Hey now whenever I decide to cash out on my crypto I'll actually pay my taxes

>bazooka blows a hole through your floor
>flashbang explodes
>fully suited exoskelletroops spring through the hole and taze you in the butthole
>"PUT YOUR FUCKING HANDS UP AND LET ME SEE YOUR BLOCKFOLIO"
>"Says here you're holding 1mm bitbean kid. Do you know what that means?"
>"Yes. I am the bean boy."

Could be worse

Trade crypto.

>Except you could sell them to an undercover FBI agent and then go to prison.

> exchanging crypto for fiat

nigga, they deserve it

Iowan reporting in.

I am so, SO fucking sorry, guys...

This might be the final push to get me to move to Asia. Fuck this country.

Maybe this was (((their))) plan all along and the "bitcoin ransoms" were false flags. Shit just seems too weird.

...

Relax, they're telling the IRS to fuck off.

>Notably, the three politicians took a negative tack toward a major IRS investigation targeting users of digital currency exchange Coinbase, writing in the letter:

>"[W]e strongly question whether the IRS has actually established a reasonable basis to support the mass production of records for half of a million people, the vast majority of whom appear to not be conducting the volume of transactions needed to report them to the IRS. Based on the information before us, this summons seems overly broad, extremely burdensome, and highly intrusive to a large population of individuals."

coindesk.com/the-irs-will-present-its-digital-currency-strategy-to-congress-next-week/

Sen. Orrin Hatch, Rep. Kevin Brady, Rep. Vern Buchanan seem to be taking the opposite position... Trump is generally pro-business/anti-IRS...

We'll see what happens but I wouldn't bet on (((Feinstein))) winning anything any time soon

>Billy writes a new cryptocurrency after school one day for fun
>Friend gives him 5 bucks for some cause it's got a cool logo
>FBI shows up at Billy's house same day, puts him away for engaging in extreme terrorist activities, face plastered all over the news, years of interrogation torture and imprisonment for life

That is an entirely different issue.

>Sell 10 million dollars of buttcoin to FBI agent
>go to jail
>get out of jail
>Still have 10 million dollars waiting for you of government money
Not so bad at all

Call that mother fucker and give him an earful

Except that have a military and prisons and will kill you if you don't comply. Good luck with that.

genuine kek

Nope.

>this shit needs to be seen through until the U.S. dollar disappears forever

Talk like that is what is going to get this shit banned.

>Implying politicians give a shit

99+% vs.

>complaining about free publicity

So the government found the one legal way I was making good money and want to shut it down

If they actually pass a bill like this I'm leaving and renouncing citizenship

you fucking pussy

Oh really? You don't think it would crash the entire market? How much of that market cap do you think is in USD and how much of that market cap would disappear if it was banned in the USA?

Just imagine if mudslimes start using cryptos

I hope they're too dumb, though

Yeah I'm sure you're going to take them on from your moms basement right after you eat your tendies.

>Feinstein

Just imagine what happens if mudslimes start using cryptos

I hope they're too dumb, though

Lol (((they))) take my money, Oklahoma city.

Looks like someone forgot to update Windows.

Those digits.

I'll move to eastern Europe then. Fuck the government

asset forfeiture m8

It's just a bill. Chill the fuck out.

Lol

Weak Americucks, as if this will prevent anyone who is really dealing crypto from doing anything

They give a shit about getting reelected and they know pissed off constituents will vote their ass out.

fucking gas them
useless parasites

REEEEEEEEEEEE

Haven't you heard of how the government seizes drug dealers homes through government forfeiture.

They already are mate.

onegram.org/

cointelegraph.com/news/is-bitcoin-halal-how-cryptocurrency-conforms-with-islam-and-sharia

If Americans were banned from crypto then the entire market would crash.

>market caps of every coin dissolve
>people in other countries panic sell in response
>everything is now a shitcoin

Leave it to Republicans to fuck everything up. B BUT DEMS ARE COMMIES!!

>implying the revolution will be solely manned by tendies monsters
Go FUD somewhere else FBI. Veeky Forums is our crib.

KEK. We can't let people smuggle the digital currencies cross the borders!

>the poories are trying to become rich! gotta stop them!
>can't let them escape their student loans or their garbage job that they can't escape from

Lmao this country is trash

You stupid nigger, a democrat is the main sponsor of this bill. Republicans are the ones telling IRS to back off coinbase.

DE
CEN
TRA
LIZED

>everything is now a shitcoin... for a month
>everything goes back to normal
>American government literally shits itself - "gyuz we fucked up bad what now"
>banns get dropped immediately

>Implying anyone is going to fight a "revolution" for you over crypto

Uhh no, you were correct the first time.

A good chunk of all that money is kept anonymously and there's no reliable way for the government to make tabs on whom owns what in all the blockchains SO most people probably would just ngaf and keep their crypto holdings hidden.

Still, one can dream. A complete market crash would be amazing for our pockets, but we'd probably only get a medium-sized dip, like in january and last week.

It's bipartisan you dumbfuck

Source me the bill.

BU
TT
RA
PED
BYB
UBB
AIFY
CAS
HOUT