Replies (71)
Valkenburgh is a stud
I guess the political class would be thrilled to have an army of cypherpunks having their re-used address at hand and the consequences it entails.
That’s not an accurate representation of what they do. They engage in dialogue with lawmakers and authorities to negotiate laws and rules to be as least bad as possible and help pull us back from the draconian brink. They filed suit against OFAC and Treasury for trying to prevent Americans from using Tornado Cash. They are engaged in constant education of lawmakers to prevent new surveillance measures from coming into effect. They filed an amicus brief in support of Storm’s motion to dismiss… I realize the news appears grim but I had the opportunity to hear them talk about all of their work in detail, asked questions, was impressed, and definitely recommend donating. There are not that many people out there doing this work specifically on financial surveillance matters
Um what the fuck?
they got a bomb ass bitcoin t-shirt too
Coincenter has been useless since their inception and it shows. Do not support those absolute clowns.
You live in fantasy land, Alex.
I hope they define the best-practice as mixing and forbid it. Let’s get the “fight you” phase over with as quickly as possible.
That is false
Get back to me when you sue OFAC and Treasury
Okay they throw a good fancy dinner party I hear
It is not bad
To what end?
The crypto wars in the 90s were won by combining open source code development with court victories
I have a growing suspicion that there is no future for Bitcoin in the US.
🔥
Had me until that coincenter garbage fuck donations
My thoughts on this in the form of a song I wrote.
#punk #bitcoin #newmusic
Wavlake
Washington DC • Scott OBrien
Play, boost, and more on Wavlake ⚡️🎵
horrid
I don’t think switching out the reserve currency with a decentralized alternative would be *aided* by the current regime.
I’m sure these opening salvos will seem trite a few battles in.
They do one dinner each year for fundraising purposes. Otherwise they produce research and sue governments. Who else is actively involved in the Tornado Cash case? Do you find that case not worth defending?
In any event much respect and admiration for you as always, ok to agree to disagree here
Who else is suing the us government over tornado cash?
Own node !!!
It's only going to get worse before it'll get better... Prepare for it!
gladstein
I recently learned that legislation has been drafted on Capitol Hill to classify *not re-using Bitcoin addresses* as "mixing"
There are also efforts to force "unhosted wallet providers" to collect user info for taxes
As well as to give power to Treasury to sanction any address (even Americans)
And a whole lot more bad stuff
IMO Coin Center does vital work to fight this and to protect privacy tech
They are a compact team and do a lot with the resources they have
They sue the OFAC and Treasury
They consider the Bank Secrecy Act unconstitutional and act accordingly
I just spent some time with their leadership team, asking questions, and came away impressed, I would strongly suggest a donation today
coincenter.org
View quoted note →
Bummer. Fuck them with my fuck you money.
Americans will fight until the end
Not reusing the same adresses is considered "mixing"??? Not at all, this is just compartimenting UTXOs.
"Unhosted wallet providers" there's no such thing as a unhosted wallet. All the wallets already exist on the network, no one owns a wallet like you would with a bank account... you can't host a wallet, you pick one up from the network and you use it, thats all.
This is just an attack on privacy, fuck I hate them!
Why not they legislat
e deez
This was a proposed fincen rule
Insane.
Here’s detail on the “single-use addresses”
above nothing new info
The people who come up with these ideas just don't understand how things work.
Was new to me!
This is why I literally have almost a dozen coin center t-shirts. Had I stacked sats instead, would be worth way over $10,000.
Now which one of these "books" dirtbags forced this legislation to be written?
sounds dystopian af
sounds like the state wants to teach Bitcoin best practices
the state is dumb, be smart, don't re-use addresses 🤓
Our list of allies grows thin, we need people fighting on all fronts, I'm glad they are using their skills to do as much good as they can do.
Gold
That sounds horrible and infringing on human rights...
OFAC should GOFAC themselves.
no doubt nout once again!
"And then they fight you" is in full affect.
gladstein
I recently learned that legislation has been drafted on Capitol Hill to classify *not re-using Bitcoin addresses* as "mixing"
There are also efforts to force "unhosted wallet providers" to collect user info for taxes
As well as to give power to Treasury to sanction any address (even Americans)
And a whole lot more bad stuff
IMO Coin Center does vital work to fight this and to protect privacy tech
They are a compact team and do a lot with the resources they have
They sue the OFAC and Treasury
They consider the Bank Secrecy Act unconstitutional and act accordingly
I just spent some time with their leadership team, asking questions, and came away impressed, I would strongly suggest a donation today
coincenter.org
View quoted note →
Our leaders have gone full tyrant
And then they fight you...
gladstein
I recently learned that legislation has been drafted on Capitol Hill to classify *not re-using Bitcoin addresses* as "mixing"
There are also efforts to force "unhosted wallet providers" to collect user info for taxes
As well as to give power to Treasury to sanction any address (even Americans)
And a whole lot more bad stuff
IMO Coin Center does vital work to fight this and to protect privacy tech
They are a compact team and do a lot with the resources they have
They sue the OFAC and Treasury
They consider the Bank Secrecy Act unconstitutional and act accordingly
I just spent some time with their leadership team, asking questions, and came away impressed, I would strongly suggest a donation today
coincenter.org
View quoted note →
Yes. Coin Center does very good work, fighting the good fight on a shoestring budget most likely. Peter Van Valkenburgh in particular is a great legal mind.
It is only getting worse over time with a fully transparent ledger. Wake the fuck up, Saylor Fanboys. Without on chain privacy, BTC as freedom money is dead.
View quoted note →Curious to watch how long it will take number go up Bitcoiners to realize that Monero is what they thought Bitcoin is...
how does that help you?
The solution is to win a huge grant from the federal government to build a KYC single address version of bitcoin, then release the new code to git right next to the bitcoin POS project. Throw in Rabble's brand new censor tools for double plus good.
Do they allow for earmarking donations to specific topics/categories?
Van Valkenburgh is very under appreciated!
Sorry but Coin Center are shitcoiners
Aren’t Trump and Biden crypto bros since last week?
Many will give up at the first threat of imprisonment or heavy fines.
Not my bag of feral cats .. but out of curiosity, are you also aware of which side of the aisle was doing the drafting?
If passed I will not comply. The constitution clearly protects these rights and I will continue to exercise them.
The Bank Secrecy Act was passed in 1970. What we are seeing is attempts by the Department of Justice to justify prosecuting users of Bitcoin by holding them to the standards set before there were more than 10 computers on the planet. This dog can't hunt.
Monero fixes this.
gladstein
I recently learned that legislation has been drafted on Capitol Hill to classify *not re-using Bitcoin addresses* as "mixing"
There are also efforts to force "unhosted wallet providers" to collect user info for taxes
As well as to give power to Treasury to sanction any address (even Americans)
And a whole lot more bad stuff
IMO Coin Center does vital work to fight this and to protect privacy tech
They are a compact team and do a lot with the resources they have
They sue the OFAC and Treasury
They consider the Bank Secrecy Act unconstitutional and act accordingly
I just spent some time with their leadership team, asking questions, and came away impressed, I would strongly suggest a donation today
coincenter.org
View quoted note →
Monero is there for you for well over a decade. It will protect you. Everybody choosing to ignore it is free to do so.
They really should allow lighting for donations
who, specifically; is Capitol Hill?
FinCEN for example
no sats sorry/accepting volunteers?
Simple question here:
If all this legislation did pass how would that affect how Bitcoiners and folks who want to use Bitcoin in the future? Would they stop using Bitcoin wallets? Would they stop using Bitcoin…? The answer I believe is no.
The legislation would create a “white market” where exchange would happen “underground”. Innovation towards finding new technologies that can work around the legislation would sky rocket. The legislation would create a never ending game of waak-a-mole. Not to mention this legislation would probably send bitcoin’s exchange rate to the U.S. dollar to the moon!
The point of my response is to say that NOTHING can stop/regulate Bitcoin. There is no useful reason to give light to all these government/legislative attempts to regulate Bitcoin other than if your the business of announcing these events. If you’re a policy watcher, or you’re paid by a company to make or respond to policy would be the only reasonable explanation for giving these events any attention whatsoever.
Stack sats, peace, love…
love the sentiment, but these vampires left the confines of he constitution long ago. We're in the throws of a dying empire.
They are an organized crime syndicate and will try to take everything they can.
