US Law Is a Meteor For a Future Based on Separation of Money & State

I think that the most difficult argument by far here, is that many people involved in Bitcoin, are in fact, statist and Partisan. So they see no problem with the steady encroachment of the US government, nor do they have a deep geopolitical analysis of it.

The CFTC is coming out with a bill to regulate spot markets, and it is a hyper authoritarian bill.

again there are two massive issues with the bitcoin community. 1) Statist do not care if the State does Statist things 2) The Law is much too complex to convey the ulterior *intent* of the United States

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The US is working with numerous major acts to slowly encircle what you would understand as Bill of Rights civil liberties, and engaging in incrementalism towards full capture.

They ***are*** trying to claim that code is a violation of law in and of itself.

If Jack Dorsy's team makes Web 5 software, they under this constellation of laws are found to have violated the Banking Secrecy act, for not collecting KYC for the people using Dorsy's bitcoin only tech.

If Dorsey sends that tech overseas, those non US citizen will still be imprisoned, sued, extradited.

If anyone builds any software designed to work with Bitcoin, like Bisq, they can be hunted. In fact if the US cements enough of these laws with precedent, they *will* eventually look to imprison the developers of Bisq.

That is in many ways, their ultimate goal, to have the legal authority to work out an extradition deal for the countries that the Bisq developers (ideal example) live in.

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This is the reality you chose, when you agreed to a US centric law based system, with licenses, financial institutions, regulatory barriers, trade agreements, tariff, protectionism, mercantilism, immense regulatory moats, you agreed to *enforcement*

The US uses bilateral intergovernmental treaties with most other countries to enforce among other major act

-Dodd-frank (shut down foreign exchanges that do business with US citizen illegally)

-New CFTC regulation (shut down *any software, anywhere in the world* that touches a US citizen*)

-Foreign Account Tax Compliance Act (use it to sue/extradite people who don't do rigorous KYC for US expat bank accounts & broker accounts, it's nearly impossible for an expat to get most banker/broker open overseas)

-Banking Secrecy act