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546 sats \ 0 replies \ @piecover 8 Feb
Bitcoin regulates Hawaii at the state level
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9 sats \ 4 replies \ @hasherstacker 8 Feb
What does it really mean for a state to regurgitate or deregurate cryptocurrency?
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6 sats \ 3 replies \ @oliverweiss 8 Feb
Tax income I guess is the driver for regulation. Of course, they won’t tell you. Instead they like to talk about people protection, fairness, fighting crime, money laundering, whatnot. Ask the EU politicians, if there is something the EU is good at, it’s regulation of EVERYTHING.
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4 sats \ 2 replies \ @hasherstacker 8 Feb
Good one.
What happens when nobody knows I have Bitcoins, since I take self custody and use P2P means without any element of KYC? Can there be restrictions too?
Trying to understand how the regulation or deregulation works.
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0 sats \ 1 reply \ @MF_MOON 8 Feb freebie
May I ask how you go about this? Ive been heavily considering going this route instead of using the services I currently use that require KYC. I self custody but I'd prefer to keep the fact that I even have the assets to myself.
25 sats \ 1 reply \ @oliverweiss 8 Feb
Does this have any impact on the us citizens in other states?
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14 sats \ 0 replies \ @OriginalSize 8 Feb
Not really. Hawaii had just denied its citizens access to platforms like Coinbase. Now I guess they have access, so can finally buy in at $45k.
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