Cryptocurrency: Bankster Warren Launches WarOnCrypto To Kill Freedom, Wallets, Miners, Fight Back!!!

grarpamp grarpamp at gmail.com
Sun Dec 18 20:29:17 PST 2022


> Elizabeth Warren’s crypto bill targets financial freedom
> https://reason.com/2022/12/16/elizabeth-warrens-crypto-bill-targets-financial-freedom-not-fraud/
> Sen. Elizabeth Warren is coming after your Freedom to Transact
> and Financial Privacy with her anti-crypto bill.

This witch has managed to repeatedly piss everyone off, only
Bernie Sanders the UnFree Commie Socialist gives her space...

https://twitter.com/hashtag/HandsOutMyPantsWarren

https://www.dailysybil.com/post/elizabeth-warren-demands-kyc-aml-reporting-from-all-physical-wallets

Elizabeth Warren Demands KYC/AML Reporting From all Physical Wallets

Washington D.C. - In her latest attempt to protect Americans from their
own money, Senator Elizabeth Warren, D-Mass., has introduced legislation
requiring KYC/AML reporting from all physical wallets - whether they are
held in pockets or purses.

The well-known Massachusetts Senator & acclaimed author of Pow Wow Chow
has expressed concern that “wallets might be used to house physical
dollars that the government would not be able to track.”

In a recent speech Sen. Warren drove home her concern “think about it,
in our pockets we all have these leather things we use to hold dollars,
credit cards and sometimes even blockbuster cards but what are these
things being used for? This is something the Treasury Department should be
able to track.”

According to reporting from NBC News, which broke the story, the proposal
would in part "require wallet manufacturers to include a KYC component
that would track & report the name, SSN, race, contents and spending
patterns of all physical wallets to the Treasury Department."

Wallet manufacturers, including Ralph Lauren and Fossil, have expressed
concern that this proposal would significantly raise the price of wallets
and not solve any meaningful problems.

Sen. Warren hit back at concerns expressed by companies like Ralph Lauren
& Fossil noting “I’ve heard that there are some billionaires who
don’t support this plan. Let me tell you it’s time for these fat cats
to pitch in and put in the technology necessary to make these wallets
KYC/AML compliant.”

Sen. Warren's office has not yet responded to a Daily Sybil request for
comment on the specifics of her proposal or some confusing steps
identified in numerous recipes of Pow Wow Chow that the author of this
article has not been able to figure out.

The bill, formally known as the “Physical Wallet Anti-Money Laundering
Act Of 2022,” has caused much consternation across the political divide.

Senator Elizabeth Warren has previously expressed her desire to regulate
the physical wallet industry, most recently after learning that physical
cash could be used to purchase Dave Chappelle tickets. The bill is
expected to face serious scrutiny as, amongst many other issues, it would
force wallet manufacturers to to include computer chips and wireless
antennas in all physical wallets, effectively placing limits on free
speech, privacy and common sense.

The bill calls for the Financial Crimes Enforcement Network (FinCEN) to
implement the guidance which, according to the CATO institute, “is the
most direct attack on the personal freedom, sanity and privacy of currency
users we’ve yet seen.”

As concern regarding this bill has grown the hashtag
#HandsOutMyPantsWarren has been trending on social media sites such as
Twitter.


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