Is it a law if there is no enforcement?
Seems like the government is at odds with itself. The politicians versus the bureaucrats.
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Is it a law if there is no enforcement?
Seems like the government is at odds with itself. The politicians versus the bureaucrats.
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Let them fight each other while we build our own infrastructure
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That is my view on it. We just keep developing while they fight back and forth.
Use the inefficiencies of government to our advantage.
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Lol, IRS and the government are not on the same page. I am sure this law will be abused if some bureaucrat decides to go after the miners.
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We the IRS is the government just different from Congress.
Perhaps they know it is not an enforceable rule.
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Alright! After several days of back and forth, they have realized this. Maybe that's why Bitcoin is rising. ✌
I hope they come up with a workaround to soothe the crypto industry's fears due to this bill.
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I think the industry shrugged it off to be honest with you.
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Well I don't know if they won't go after them or not. It will probably depend on how much money is on the line.
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They won't go after them because they'll lose in court and face setting a precedent that will preclude them from ever doing it again. The only way they use this law in my opinion is if they can add it to other things they're going after someone for. Kind of how the DA's charge people with 10 different crimes and then whittle them all down to the one or two they actually want to prosecute.
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--Or it's used like the seat belt law they use for traffic violations when they can't get someone any other way.
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I have a feeling it will be challenged the second it is signed into law.
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Haha. That's a valid point. They might choose to go after someone citing the law and nab them.
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It's only a law if you get caught!
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As long as they leave us the hell alone, I'm good with it. The crypto-verse will do just fine if they keep their grubby little hands out of it.
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The problem is to leave along means they can unleave it at some point, ie go after people.
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