Cryptocurrency: EARN-IT Threatens Entire Internet, Kill This Bill Dead Now!!!
https://old.reddit.com/r/CryptoCurrency/comments/ffoqwk/the_earn_it_act_will... https://old.reddit.com/r/CryptoCurrency/comments/ffmvj9/stock_markets_are_do... " Wake the hell up. It is the EARN IT Act. Everyone in crypto should be opposing it. If you can be sued for running a crypto node, are you going to? That is what will happen... Unless people start connecting the dots and implications of this evil bill, crypto will continue to go down. " " The EARN IT Act is far worse than the Patriot Act, because it threatens to undo the last 30 years of progress the internet has made in red pilling people about power and corruption. " " Trump and Bill Bar are basically striping the 230 protections so that you have to apply for them. They will set rules and decide who can get the protections. The 230 protections basically assign responsibility for user generated content on the poster of the content, not the hosting, website, or other entities. It provides a clear way for the internet to host free and open discussions without supposing that the any entity transmitting or housing the data is liable for the content being transmitted, hosted, or displayed by any individual or company that didn't create the content. Without this clarity of law, civil and criminal suits would basically kill the internet as we know it because every single entity on the internet would end up being very afraid of lawsuits for user generated content. In order for crypto to work it has to not care what the source of the data is or what it is for. If Trump and Barr get their way, the internet will become just as sanitized and "safe" as broadcast TV before the internet. This means that every crypto node will have to get permission from Barr (the DOJ) in order to operate on the internet. You can be sure that the rules will be such that particular transactions will have to be blocked if they demand it. So if you value what crypto represents, please pay attention to this bill and oppose it like it means the end of the internet as we know it. "
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grarpamp