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letter05.php v03 2019-08-12 8:33 AM

Tell Congress they can have your bitcoins when they pry them from your cold dead hard drive

The Senate Judiciary committee is pushing a bill (S. 1241) that would require bitcoin owners to register their bitcoins. The politicians offer their usual excuses — fighting terrorism and the drug war. It’s far more likely that they want a “piece of the action,” and to protect their Federal Reserve currency monopoly. But whatever the excuse, bitcoin regulation would stifle bitcoin innovation and must therefore be resisted.

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