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RE: Binance Hack and SEC "Statement on Potentially Unlawful Online Platforms for Trading Digital Assets"

in #cryptocurrency7 years ago (edited)

I recommend considering the Gallatin Whiskey Rebellion in ascertaining what states, and the US in particular, reckon they should do to folks that expect their labor and possessions are theirs to dispose of as they will.

Their authority is force. Like Trump said about seizing American privately held arms, they worry about due process later. You can ask the guy from Arisebank about it.

Having run that flag up the pole in American courts myself before, I have no illusions regarding how this is gonna play out.

I could not more appreciate your sentiment, but despite your assertion that you don't recognize their authority, when the SHTF, you will recognize it. Your words won't matter when they kick down your door. Philosophy and fine words don't count when hot steel is pressed into your neck by an eager thug trembling in anticipation of pulling the trigger.

I dearly hope it never comes to that.

Edit: Thought I'd toss this link in. ...all U.S. civilians shall be subject to military justice and that the military will be able to hire non-military legal experts to help with the upcoming tribunals, according to Pentagon sources. The following clause on page 2 of Annex 2 is of particular interest, in that it describes one exercise of military jurisdiction as: "A government temporarily governing the civil population within its territory or a portion of its territory through its military forces as necessity may require. (Martial law).”

I suppose they might coordinate their agencies across multiple vectors when tackling global threats to their financial power. I would.