Somehow they keep renewing that shitty bill.
Not somehow. They are pushing it harder and harder. I watched the committee hearing on the Trump assassination attempt and Lyndsays Grahams only concern to make cryptography illegal. Yes you read that right. He had no questions other than “why can’t we hack his phone, and why to Americans have the right to encrypt their phones so the government can’t hack them”. Elizabeth Warren has also said things like this.
Earn It Act sponsored by Graham Lawful Access to Encrypted Data Act sponsored by Graham
It actually wasn’t renewed in 2019. But different bills have filled in the holes. They are pushing had to ban encryption. Bitcoin is literally encryption. Their bills say that having encrypted data can make you guilty of a crime if you do not allow you access to your encrypted data. So they could accuse you of something like child pron and ask you hand over your passwords. If you don’t it’s an admission of guilt and you’re guilty.
That sounds terrible and something that they would need some type of 9/11 digital crisis to be able to pass. They definitely want to but I see it being easier to pass in Europe
They’ve tried three times since 2020 to find the right verbiage