Too Long; Didn't Read
<em>In the United States, Senate Bill S.1241: “Modernizing AML Laws to Combat Money Laundering and Terrorist Financing” is tabled for debate. This is an exceptionally bad, un-American bill, very probably drafted in part by incumbents who fear being disrupted by Bitcoin. This bill has been tabled because anti-Bitcoin agents have been working overtime, spreading the mistaken idea that Bitcoin is money or an asset. It is neither. I will explain exactly why Bitcoin is not an asset or money, and why this absurd bill is unconstitutional and bad for America.</em>