If there's one thing I've learned since 2008, it's that laws once meant only for "certain situations" eventually end up being used in "all" situations. This came to pass with the more questionable provisions of USA PATRIOT Act and the income tax amendment to the US Constitution which was meant "only" for those who "qualified" until that came to mean the effectively "everyone" qualified. Even Social Security Numbers-- once meant to be used only for Social Security purposes-- ended up being used as de facto ID numbers throughout society.

I want to believe that cryptocurrency and specifically HBD are beyond reach of government regulation, but a government hellbent on extracting its pound of flesh will get its pound of flesh one way or another. Even if the effort ends up a failure, it has the means to make life a living hell for the population living under its jurisdiction.

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