Privacy coins will be illegal.
twetch#17971 6.6y
I agree with this, BTC is not what is referred to in the WP and everyone calls it digital gold. Privacy coins are the future IMO
Post by twetch#18222
In some dystopian fucked up fascist state, yeah probably.
"A ledger where you know everybody's payments is not something that would be particularly attractive in the context of the US."
-Jerome Powell, chairman of US FED
What the chain says
- Block
- 622 472
- Time
- 2020-02-17T15:04:32Z
- Signer
- 14SKpQAe7XkZsoSwVGg7TfuEWkgH5vAp6D
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#18222
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
14SKpQAe7XkZsoSwVGg7TfuEWkgH5vAp6D VerifiedReplies (2)
The governments main concern is making sure they can tax you. They should make the legislation easy and only tax you on gains when you withdraw fiat. This is the biggest barrier
Money laundering is only illegal because the taxman doesn't get his share lol.