Oddbean new post about login | logout One day, it would be nice to see a well-capitalized challenge to the Bank Secrecy Act on 4th amendment grounds. The Founding Fathers would be rolling in their graves if they saw that people need a license to transmit money, or that the government thinks it has the right to surveil and censor everyone’s money and transactions. The default is privacy. To infringe on someone’s privacy should require probable cause and come with checks and balances. Ubiquitous surveillance shouldn’t be the default, since it enables tyranny. https://image.nostr.build/59d050b8cf8f75a3d469e83812a0be6681bcad506e63bc0bf4417cfece14d0b8.jpg
What’s step 1? Let’s do it.
Why one day? Why not now? When are we going to ACTUALLY going to do something about this? Oh that’s right, never.
I don't think we are a big enough contingent. I think we need to stay out of the way of the mass unrest due to inflation that they are preparing for with a police state and need bitcoin out of the way. What we need is to keep building and using bitcoin
I don’t think we are enough either. That’s why I live the way that I do. The very bad times are here already. I just want to do what I can to not make it worse for others.
US policy is so easily bought I am really surprised that ultra wealthy bitcoiners have not already added pro-btc politicians across the board in every state and at every position. Maybe they are the “I don’t believe in voting” libertarian types 😂
Ultra wealthy bitcoiners have moved to places like Switzerland
The Firearms Policy Coalition are quite aggressive at suing any state or federal govt for 2A violations. We need an organization like that.
Wait we have the Bitcoin Policy Institute. Seems like they'd be a good candidate
In case people do want to actually do something about this, the answer does not lie in the political system. It does not lie in the legal system. Sorry Lyn, but you’re flat out wrong. These systems have been fully and completely captured. To try to change things using the tools of the state is simply absurd. The way to change this is to vote with your feet, your wallet, or your genitals. Move out of the US, ditch the US dollar, refuse to produce yield for anyone but yourself (become self-sufficient), and for fucks sake (yes I know), stop producing more slaves for the masters. This is all the leverage we have left. #grownostr #thinkdangerously
I think an all-of-the-above strategy is important. The 1990s encryption wars were won by a combination of 1) building things they can’t stop and 2) using their own constitution against them. The same is true for open source money and privacy. Build privacy tools they can’t stop, and also challenge all major overreach attempts legally.
I can understand where you’re coming from since these are the tools you are familiar with. The examples you give though are equivalent to small battles that have been won in the context of a much larger losing war. Ask yourself whether, since the 1990s, privacy laws have improved or worsened as a whole. I’m sorry, but I maintain that using the tools of the state won’t work.
Monero is so effective at this it's considered highly suspect and toxic, like nuclear materials, that even possession is almost criminal.
I prefer #bitcoin but anything other than fiat would potentially be better.
I agree it is extremely effective
Move to where?
Says everything that needs to be said. https://image.nostr.build/871563c92c9125d4f3e11d7cea170c04247f34c39e48dd2559916750751385e8.jpg
Wait until people learn about US FinCEN and its global reach. Wait until people learn that FATF has screwed up the world for control, not stopping crime. https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366
This. The Bank Secrecy Act must be overturned to enable commercial entities to provide transactional privacy to their customers. One can imagine a reemergence of free banking based on Chaumian ecash tech like cashu, fedimint, and others. nostr:note1s2klrxf0kdu0rmkwf4s0mrq75l5ktc522tpmahduqkmesdze2qsswn755f
I feel this so much. It’s truly time for us to say NO. Use all the ways, be the mountain.
Current members of SCOTUS are open to this. https://image.nostr.build/05931074ba9253488299aaf8f2fb1fda35535fa9dbba118d5749fda612a25a0d.jpg Full article here: https://docs.google.com/document/d/1kfvBmD32jr-60xMgGz1Ucku8zE2GCRl6haMR4OgXr5Q/edit?usp=drivesdk
Yes. This is why CBDC and/or PPDC (public/private) is being pushed. It's about control. We're dealing with central bankers and powerful families/groups behind the scenes who are tyrants. All the while, many are here acting as if it's just some "wayward" politicians/bankers. These politicians and low-rung bankers are just being controlled by central bankers who want total control.
Don't submit.
Read: The Creature from Jekyll Island.
"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!"
Andrew Jackson That’s the book that changed the whole course of my existence.
You need standing to challenge. And, to have standing you need to be in jail. The Samourai people may not be heroes, but they are victims, are Bitcoiners, and have standing. Why not make this our hill? I’m ready to put my money where my mouth is and I’m sure others are as well.
Agreed 100%
Has there never been a well funded legal challenge to the Bank Secrecy Act??
Totally agree! nostr:nevent1qqsg9t03nyhmx783am8y6c8a3s0206t9u2999sa7mk7qtducx3v4qggpp4mhxue69uhkummn9ekx7mqzyr4tpe6k6v4cp0x5vneas39cqspsxp66z04tcdve5a3vntr6hy057qcyqqqqqqg7q3zq0
💯 nostr:note1s2klrxf0kdu0rmkwf4s0mrq75l5ktc522tpmahduqkmesdze2qsswn755f
Would there be a possibility of crowdfunding this issue? It’s painfully obvious the bankers have their mitts in all the avenues of regulation and legislation. It will take some considerable resources to get this entrenched industry (banking) some pushback.
of you want to police crimes, just use cops. leave the money out of the picture
It’s not about crime , it’s about stopping bitcoin 😉
We must all have lines in the sand for privacy https://m.primal.net/IAkB.jpg
The #Founding #Hypocrites would be rejoicing, realising how many "#rights" they gave their political descendants. They obviously have "the right" to do whatever they want, because they are doing this and countless other injustices. A #gangsterment started as a series of crimes under laws of the day and a fraudulent document, can do anything the same way: The #Quash: The fundamental #fraud of the #Constitution Episode webpage: https://the-quash.captivate.fm/episode/the-fundamental-fraud-of-the-constitution Media file: https://podcasts.captivate.fm/media/e7b630e9-11e7-4c5e-9fb6-f679e690f1b7/S4-Ep71AD-Thats-unconstitutional-converted.mp3 #USA #UK #Idiocracy #WARshington #DistrictOfCriminals
We’re way past the point of the government actually caring. Laws are for the serfs.
#Bitcoin still holding its month long ascending triangle of Teasing breakouts.Still expecting a break out to the upside of $63-70k post-halving Now is the best time accumulate more using sophisticated algorithm tools and strategy for longterm adoption. If you haven’t join the (RCL) yet, the time is now, you can easily flip over 100x ROI using this effective strategy. Vip group: https://t.me/rebelcapitalistshow Source: https://www.youtube.com/watch?v=kX7inr8yy1s
Sadly, the fiat system is secured only through surveillance and threats of violence to punish abuse Get rid of surveillance and the banking system is no longer "secure" If only there were a financial system that was secured by something virtuous instead of punitive
Decentralization is note important than ever an everyone should work on his own independency. if you can't change the political system you live in, you can alwaysgoe tova country of your choice. nostr:note1s2klrxf0kdu0rmkwf4s0mrq75l5ktc522tpmahduqkmesdze2qsswn755f
In Europe there is now a cash limit of up to EUR 10,000. Above EUR 3,000, you have to prove your identity. Thanks to inflation, these limits measured in terms of real purchasing power will decrease all by themselves over time. In case of gold, for example, this limit used to be EUR 1,999.99 in the past. A few years ago, an anonymous purchase of 1oz was still possible. Thanks to inflation, this no longer the case.
Too true Lynn - the default is privacy.
What kinda capitalization is needed? Can we make it happen?
What about using a Private Membership Association PMA structure along with 508 c1a in the US to help provide protection now? We don’t need permission. It’s a constitutional right. It’s an unalienable human right to have and practice privacy
The West is hijacked by Wall Street mafia. nostr:nevent1qqsg9t03nyhmx783am8y6c8a3s0206t9u2999sa7mk7qtducx3v4qggpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp64suatdx2uqhn2xfu7cgjuqgqcrqadp864uxkv6wckf43atj860qvzqqqqqqylycrg8
Similarly, it would be nice to see a well-capitalised challenge to EU AML regulations based on Article 7 and 8 of the Charter of Fundamental Rights of the European Union before the Court of Justice of the European Union.
Monero is a well-capitalized challenge to the Bank Secrecy Act on 4th amendment grounds. Don't be strong in words and weak in actions. Use the tools to challenge the state. nostr:nevent1qqsg9t03nyhmx783am8y6c8a3s0206t9u2999sa7mk7qtducx3v4qggpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzp64suatdx2uqhn2xfu7cgjuqgqcrqadp864uxkv6wckf43atj860qvzqqqqqqyaeq72w
Be nice if those involved were facing capital punishment. 😏
We've had the TSA for 23 years. The 4th Amendment "has been powerless to stop it," sadly.
