Two senators have introduced legislation that they hope will be a safeguard against any risks that El Salvador’s adoption of bitcoin as legal tender may pose.
Sens. Bob Menendez (D-NJ) and Jim Risch (R-ID) — the chairman and ranking member of the Foreign Relations Committee, respectively — announced the legislation, called the Accountability for Cryptocurrency in El Salvador Act, on Friday. The legislation was previously introduced and passed out of committee last year.
https://www.washingtonexaminer.com/policy/economy/legislation-mitigate-bitcoin-risks-el-salvador
The colonialists getting a panic attack. Love it
Soon they will start making very funny laws)
very bad laws)
very illogical laws...
in a word ..., broke ...
"The four horseman of the infopocalypse: child pornography, terrorism, money laundering, and The War on Some Drugs" - Jacob Appelbaum, Cypherpunks
I haven't heard "the war on some drugs" in such a long time. Thanks.
They can't destroy Bitcoin technologically, so the attack vector becomes political, and the framing of the adopter shows this clearly -
So ElSa's position is a risk to cybersecurity, governance and, lol, financial stability, and the US is interested in prosperity and transparency in Central America...
The Accountability For Cryptocurrency Act - to persecute the adopter for daring to determine their own future is the 'accountability' they are speaking of.
I wouldn't call these guys the top senators. More like subs or bottoms.
Oh, but they do want to fornicate everyone...
This law will only apply to them. that's good!))) Let them do it
The obvious reaction of the supporters of the printing press
It's kinda tragic for the feeble minded. The badger still doesn't care :-)
Any risk? Nothing specific? Maybe it is just envy.