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FYI: When I say the "US sucks this" or the "US sucks that" I do not mean the citizens who are just trying to survive ofc

I am bashing on the lawmakers, corrupt politicians and billionaires who make life hard for everyone except themselves

People and their votes can only do so much and unfort there is a lot left to nasty business

@stux I couldn't agree more.

@stux
It is not, they will pay those with Gold Certificates ™ it will be free for the US! /s

@stux someone made the calculations, it would take something like 124% of the daily global BTC production every day for 5 years, that's literally imposible.

@stux market is down 5% on the news...

@stux or… our entire social security fund.

@stux don’t know what’s worse there gambling or outright mismanagement of taxes

@stux

Understood fully!

My US is a mess/swamp/looming disaster now with corrupt elected officials and their mega-rich tech bro boy-pals.

@stux one should NEVER confuse a government with the people it rules. This is why it is so stupid to attack civilians on the premise they are cause of that government, but that didn't stop Bill Sherman or Kit Carson, and despite the '77 Geneva Convention, doesn't stop anybody today.

@stux

The 49% of Americans who voted for an unrepentant rapist for President, do, in fact, suck. I say this as an American.

@stux thank you for understanding. This is quite a scary roller coaster we are on right now that many of us ( but less than 50% it would seem) did not ask to ride :(

@stux FYI, it looks like this stupid bill got exactly the attention it deserved:

"Introduced 07/31/2024

Latest Action: Senate - 07/31/2024 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs."

No co-sponsor, no action was taken aside from it being introduced in committee. It was dead on arrival. Hopefully that will be the last we hear of this bad idea.

This country is circling the drain.

@stux This bill was introduced six months ago and isn't going anywhere. It's been sitting in committee with no further action on it. Lots of things get introduced that die in committee. We have MUCH more pressing problems to be concerned about.

@stux

I appreciate how there's no effort to hide the corruption anymore

@stux

@stux
That's been official since the passing of the so-called "USA-PATRIOT Act".

@stux That's insane.

That's not even accounting for the fact that Bitcoin uses the 'proof of work' protocol which is old, clunky, uses up 3 times the amount of energy that a card transaction does and is exploitable in terms of it being able to produce 'dirty coins' (that's being able to make duplicates of the same bitcoin, until the blockchain learns about it renders the duplicate unusable) and to have the servers and mining farms and the costs to purchase them and run them all.

Now one could be in favor crypto, but this move in of itself should be really concerning. What happens if the bitcoin value gets rug pulled?

@stux

One of the 1st things Hitler did ?
Was control the Gold Supply
He Told those that had it ? Do what I say, or I will take it away....so they did, like greedy little bankers wanting to stay in the game
If you control the Gold, YOU make the decisions.....War ? starts with being able to finance the efforts, infrastructure, production, and transportation of DESTRUCTION
Gen. Patton said,"All else fails to compare to the magnitude of WAR, the effort and accomplishment to Destroy the enemy"

@stux this is another way for the government to give money to Elon?

@stux "The bill also reduces the total amount of U.S. dollars Federal Reserve banks may hold in surplus and requires Federal Reserve banks to remit a certain amount of net earnings annually to the purchase of Bitcoins."

"The CBO cost estimate for this bill has not been received."

@stux This is how the cryptobros plan to bankrupt Americans.