I read this post in r/bitcoin and it is very scary and shocking to me. This is too important not to share and make others aware. As a lower middle class American citizen, I work hard to go to the fiat mine almost every day and DCA with dreams of breaking free in a few years. I wanted to take my major profits with the Bitcoin 2024 halving and this law (if passed) goes into effect 12/31/23. That's very convenient timing for them I'd say and directly compromises my goals. The link to the original post containing more detail is below:
We need to make as many aware as possible and fight this!
EDIT: The purpose of this post was to make others aware, not spread FUD.
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