🛑DANGER🛑 TO YOUR CRYPTO: Infrastructure Amendment to Limit Blockchain Technology {Money #40}

The Infrastructure Bill on Capitol Hill has amendments which will severely limit the blockchain technology industry specifically with projects that are based off of the Proof-Of-Stake system. The amendment proposed by Senators Mark Warner, Kyrsten Sinema, and Rob Portman is vague and unclear and takes a direct aim at the blockchain technology industry as a whole. The amendment by Senators Cynthia Lummis, Pat Toomey, and Ron Wyden counters this by clearly stating to exclude all blockchain proof systems from harsh regulations and taxation.

👇Call Your Senators to Protect PoS!👇
https://www.fightforthefuture.org/actions/stop-the-senate-from-sneaking-through-total-surveillance-of-the-crypto-economy/

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⌛TIMESTAMPS⌛
0:00 Infrastructure Bill H.R. 3684 on PoS
0:45 Explaining Proof-of-Stake with Cardano Ouroboros
2:10 Validators, Developers, 0-KYC, & the IRS
4:50 Proof of Work favored over Proof of Stake
7:15 Lummis-Toomey-Wydman excludes PoS with PoW
9:00 Unclear, vague Sineman-Portman-Warner amendment
10:50 Coin Center official tweet on HR 3684
13:45 Brian Armstrong thoughts on HR 3684

✅SOURCES✅
https://cryptosrus.com/latest-amendment-to-infrastructure-bill-threatens-developers-pos/
https://cardano.org/ouroboros/
https://twitter.com/coincenter/status/1422975878678597640
https://twitter.com/brian_armstrong/status/1423746002360619015
https://www.trustnodes.com/2021/08/06/bewildering-says-wef-as-biden-backs-anti-eth-amendment
https://thehill.com/policy/technology/566730-cryptocurrency-clash-complicates-infrastructure-bills-path-forward?rl=1

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