SPECIAL ARTICLES
Bitcoin Q&A: Criminalization
of ownership? (with
Andreas Antonopoulos)
S
omebody asks, ‘What are your
thoughts on the U.S. Senate Bill
S.1241 to criminalize concealed
ownership of Bitcoin?”
Andreas: I have read the language of the
bill. First of all, in order for this to become
law, it has to be considered by the Senate
and then the House. And, reconciled in
Committee if there’s two different versions.
Then, it has to be voted on by both House
10
Core Magazine
and Senate. Then it has to be signed by
the President. Or, included in another bill.
Then, it has to translate into regulatory rules
for agencies. Then, the government and the
regulatory agencies get sued.
And, the courts get to interpret the latitude
that this bill has to actually criminalize this
behavior. There’s a very long road and a lot of
things can change. So, over the years, we’ve
seen many people freak out about proposed