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118 sats \ 3 replies \ @siggy47 27 Apr \ on: Privacy, Executive Order 6102 & Bitcoin bitcoin
I found the second half of the article more interesting than the 6102 discussion. The ETFization of bitcoin. Banning self custody does seem to be the bigger threat.
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162 sats \ 1 reply \ @quark 27 Apr
How would they ban self custodial wallets? I can't think of any way, other than forbid transactions with Central Exchanges and Banks.
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1 sat \ 0 replies \ @elvismercury OP 28 Apr
If you mean: how could they enforce it, then they couldn't, generally.
The effects of an unenforceable ban are to create a culture of fear through occasional, high-profile, and usually extreme enforcement. I assume that such a ban, in this case, would go hand in hand with laws regulating contact w/ exchanges and banks, as you mention.
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108 sats \ 0 replies \ @elvismercury OP 27 Apr
Agreed, although I really liked the historical context wrt FDR a lot, too. Made me think a little differently, which I always appreciate.
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