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Sorry if people keep posting about this but please please please contact your senator regarding the new infrastructure amendments

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by COINS NEWS 221 Views

It took me 3 minutes to contact my local senator and voice my support for the pro-innovation stance of the amendment. Definitely 3 minutes I am not going to regret spending.

The current infrastructure amendment AFFECTS each and everyone of us.

The current amendment categorizes validators of stake pools as "brokers" and requires them with comply with impossible-to-implement KYC procedures. VERY VERY VERY IGNORANT.

This is not only limited to POS systems of the present but will also affect POW systems in the future if such an amendment is allowed to pass with no opposition. This is absolutely ridiculous.

This is not about taxes. This is about uninformed/malicious law makers trying to regulate the markets in AN EXTREMELY ignorant manner. They are purely targeting the developers and validators.

This is a very anti-innovation move with absolutely no upside.

Use this link

to find the contact details of your local representatives and support the " Wyden, Toomey, and Lummis stance" which supports better phrasing of the amendment and recognizes the difference between brokers and developers/validators.

Example of how the call should go:

“Hi, I’m calling to ask that you support Senator Wyden, Toomey, and Lummis’s amendment to the cryptocurrency provision of the infrastructure bill (H.R. 3684) . This amendment will ensure that the provision does not dramatically expand financial surveillance, harm innovation, or undermine human rights. Policies that impact basic freedom and the future of the Internet should be debated carefully and should never be attached to must-pass bills. Thank you.”

submitted by /u/Derezal
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