⚡️🇺🇸 UPDATE - California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws. Not your keys, not your coins.

Replies (38)

SoapMiner's avatar
SoapMiner 6 months ago
This will actually drive more ppl to take self custody, imo.
FLASH's avatar FLASH
⚡️🇺🇸 UPDATE - California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws. Not your keys, not your coins.
View quoted note →
definitely good promotion for self custody, bad for everyone else. the other points in this bill seem pretty positive
Why are you upset? The state is pushing you towards self sovereignty and self responsibility.
Ok, good luck with that, CA. As if Texas and Florida don’t have enough people already? 😂
Creature comfort have us captured. Why launch a revolt where we might die, get shot, or get arrested when we have air conditioning and porn?
Welcome to America, stockpiling, Bitcoin.
FLASH's avatar FLASH
⚡️🇺🇸 UPDATE - California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws. Not your keys, not your coins.
View quoted note →
Still think it's good that the Govt is starting to take bitcoin seriously?
FLASH's avatar FLASH
⚡️🇺🇸 UPDATE - California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws. Not your keys, not your coins.
View quoted note →
Buckleys's avatar
Buckleys 6 months ago
This shit is crazy beyond imagination 1. Peak Doublethink. Bitcoin is worthless but if you don't touch it it's ours hehehe 2. Forced taxation. Move them and incur potential cap gains tax. Don't move them and it's ours. And we might still tax you since it's like you sold them What the fuck is California on. Why is it one of the prettiest places in the world with the dumbest evil & plain self-destructive policies.
FLASH's avatar FLASH
⚡️🇺🇸 UPDATE - California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws. Not your keys, not your coins.
View quoted note →
⚡️🇺🇸 UPDATE - Eric Peterson: "Since people are still misunderstand what this bill does, here are all the steps for how the bill functions. This should hopefully dispel a lot of the FUD around this legislation." View quoted note →
Jamie's avatar
Jamie 6 months ago
Out of all the things to look into related to Bitcoin, they choose to focus on this. 🤯
db's avatar
db 4 months ago
where is William Wallace ?