Anyone under the age of 60 is pretty opposed to it. Those over the age of 60 seem to be mixed about it.
Small and mid-sized businesses are heavily opposed to it. Big tech seems to have written most of the Restrict Act.
The problem is that our legislators are all very old and subservient to their lobbyists with the most money. So, we're in a position much like cannabis laws: what the people overwhelmingly want is of no concern to legislators. And the Biden Administration is overtly taking the approach of "we're in charge and you'll do what you're told."
So, if the Restrict Act can make it through Congress (our combined legislative bodies) then the President will sign it. And if Congress rejects it, there's still a reasonable chance that Biden will attempt to institute it through Executive Order or under The Patriot Act. Of course the Supreme Court could overrule that, however that would take considerable time to do and, even then, the Administration is showing that it will openly defy Supreme Court rulings through the ATF (specific to gun laws) and by reinstating Operation Chokepoint.
So, I would say that the realities of the Restrict Act or some other form of draconian controls are likely regardless of America public sentiment.
But, I've been wrong before. I hope that I am in this case.
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Replies (3)
Thanks for the info👍🧡
I’ll let #[3] know, not sure if she will incorporate it though. She can be fickle.
THE NOSTR REPORT
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Apr 2, 2023
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#[2] shares a thoughtful reflection on what he took away from #MarchOffTwitter. The entire post is 🔥, especially this part: “On Nostr, we’ve moved beyond tired old arguments of “Bitcoin vs fiat” and “Bitcoin vs scamcoin.” Instead, we are actively building towards the future on a Bitcoin / LN / Nostr standard.”
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#[5] ZeroSync Partners With Blockstream To Sync Bitcoin Nodes Quickly From Space 🚀 🛰️
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#[7] provides great analysis and perspective on the Restrict Act. 🤬🔏
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#[19] The Bitcoin whitepaper makes its Formula 1 debut on a Kraken sponsored Williams race car. 🏎🏁
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#[21] Government Requests For User Data From Big Tech Companies On The Rise - The US tops the list with nearly 1 account per 100 people throughout 2013-2021. 🏦💻
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Elizabeth Warren’s crypto army
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