Exactly, this is why this will likely not pass. The technology they'd need in order to enforce this to even identify a hardware wallet, let alone the training to teach them how to use it, it's just too much effort... hopefully.
You are viewing a single comment's thread from:
Ok. That's what I figured. Again, I'm new to cryptocurrency, and you mentioned a hardware wallet a few days ago and that was the first time I'd ever heard of that. Maybe Ill get one once I make more money on steem. ;)
Here's a great hardware option: https://steemit.com/bitcoin/@avva/get-your-safe-true-2fa-hardware-wallet-now-coolwallet-usd119-shipping-to-us-shipping-is-estimated-august-10th
Thank you @avva
@vegetarianbaker I was a vegetarian for 9/10 years of my life. I'm not at the moment, but I am very much into organics. I will be following you to see what insights you have into current vegan life and maybe one day I shall return.
Add to that, with Devices like a Trezor, you can make a sort of hidden wallet. Keep your main stash there, and a tiny stash on the main wallet - if asked to show the wallet contents, just show the small wallet.
I doubt this will pass. I'm confident Rand Paul and others wont let this happen. Trump has some pro-bitcoin people in his cabinet.
Drumpf has mainly former Goldman-Sachs people in his cabinet, and "Neo-Conservatives".
Doesn't mean they aren't pro-bitcoin.
They know that if Non-sovereign, safe and not inflationary currencies prevail, their business model will not be as successful.
They rely on free cash like they got in the bailouts.
They also have stocks of the Federal Reserve.
So yes, it means they are anti-bitcoin.
I just moved my entire balance from an online wallet (except some spending money) to electrum with a Trezor hard wallet key. Feeling better about Aug 1 and the probability of govt. capital controls. Thanks for the update. :-)