Simply Bitcoin PAY ATTENTION: Are They SECRETLY Trying To BAN Bitcoin RIGHT NOW?! | EP 1331
Sep 12, 2025
Recent comments from the FinCEN Director hint at potential plans to ban cryptocurrency transactions, raising alarms about privacy. The discussion emphasizes the delicate balance between preventing crime and protecting Bitcoin's decentralized nature. The hosts explore innovative ways to secure Bitcoin wealth and the vital role of self-custody. They also celebrate Bitcoin as a revolutionary form of money that enhances personal freedoms. Amid market fluctuations, there's optimistic talk about growth and stability, urging unity and open dialogue in uncertain times.
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Mixer Rule Threatens Transaction Privacy
- The Treasury's proposed "Mixer Rule" would label many privacy behaviors as primary money-laundering concerns.
- That framing could force intermediaries to block broad classes of privacy-preserving transactions for U.S. users.
Patriot Act Powers Could Block Crypto Flows
- Section 311 gives the Treasury power to deem a concern and prohibit related transactions without public notice.
- That authority could effectively ban many cross-border or noncustodial flows at regulated intermediaries.
Choose Self-Custody Over Intermediaries
- Move toward peer-to-peer self-custody to reduce reliance on regulated intermediaries that can be compelled to block transactions.
- Prioritize holding Bitcoin outside centralized exchanges and ETFs to preserve control.