Opinion:
FYI Bitcoin is 100% fine – everything else is crypto.
Why not? It’s OK go head and Kill Crypto! or maybe NOT.
FYI – Entrepreneurs will just leave the US and go where they are treated best and the future will be in the hands of those countries.
Warning: China banned it so they are a total FAIL now.
Don’t be like China.
About This Campaign
The #DontKillCrypto campaign formed in opposition to a cryptocurrency provision in the must-pass infrastructure package that mandates mass surveillance of the crypto-economy in the name of reducing tax avoidance. This puts many fundamental cryptocurrency participants in an impossible position: to either collect information that they structurally cannot get access to, or to operate outside the US. Either way, mass surveillance of everyone in the cryptocurrency ecosystem is a massive blow to human rights.
Cryptocurrencies are both a testing ground and a foundational investment in the move to decentralization. The issues at hand aren’t simply about taxes—they’re about the United States’ ability to participate in cryptocurrencies and a decentralized future that puts the rights of people above the exploitative and manipulative business models of Big Tech.