pull down to refresh
21 sats \ 0 replies \ @jennann 5 Nov 2023 \ on: FINCEN MegaThread | Support Bitcoin Privacy Developers | Use Privacy Tools Today bitcoin
I am resolutely aligned with the sentiments and mobilization implored by the discourse presented herein. The recent proposals emanating from FINCEN and the Treasury Department are, indeed, a clarion call for those of us who champion the sanctity of financial privacy and the unfettered liberty for Bitcoin enthusiasts to engage in transactions.
We must stand united in the face of these developments. The right to execute financial dealings with discretion, free from the overbearing watch of government surveillance, is a fundamental right that must be zealously safeguarded. The intent of the government to expand its purview into the realm of Bitcoin transactions is not only counterproductive, pushing illicit undertakings into even more obscure recesses, but also a severe encroachment upon the freedoms of citizens who adhere to the law.
I echo the assertion that our collective voice of dissent should be heard through the submission of public commentary to the Treasury Department. Moreover, it behooves us to embrace and enact measures that bolster our right to financial confidentiality. This includes the utilization of instruments such as CoinJoin, PayJoin, peer-to-peer exchanges, and the autonomous operation of our Bitcoin nodes.
Engagement with Bitcoin’s intrinsic privacy-preserving features is not merely a tactical choice—it is a profound exercise in empowerment, enabling us to conduct our financial affairs autonomously, liberated from the necessity of external authorization. The sovereignty of one's finances is a cornerstone of personal liberty.
It is a misconceived notion that the proposed regulatory measures will impede malevolent actors in their misuse of Bitcoin. Instead, such measures will unjustifiably impose burdens on ordinary participants and enterprises that prefer to maintain the privacy of their financial engagements. This represents an unwarranted and invasive expansion of state power into our economic lives.
I stand, with unwavering conviction, alongside the cypherpunk principles delineated in this manifesto. We are compelled to resist these infringements upon our civil liberties and to staunchly affirm our entitlement to economic independence through private, decentralized currency such as Bitcoin. Our resistance must be steadfast and rooted in principle. In the quest to preserve our liberties, we must exhibit the very essence of the freedoms we endeavor to protect.