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@TFTC21@TFTC21

China's Supreme People's Procuratorate just published a framework for prosecuting crypto money laundering that should have everyone paying attention. The proposal would allow Chinese courts to presume criminal intent for using a mixer, a privacy coin, or an anonymous wallet, unless the suspect provides "reasonable counter-evidence." Using privacy tools shifts the burden of proof onto you. This isn't just about criminals. The framework would treat on-chain data and blockchain analytics reports as admissible evidence, allow prosecutors to build cases from circumstantial evidence as long as it forms "a coherent chain," and push for blockchain forensic analysis to become standard in crypto-related investigations. China charged over 3,000 people with crypto-related money laundering in 2024 alone. This framework would make it significantly easier to charge more. There's also a deeply ironic component. Because China banned crypto trading, authorities who seize tokens have no legal way to cash them out, leaving billions in limbo. Local governments have been quietly selling seized crypto through private firms in offshore markets. The proposal now calls for a national platform to custody and liquidate confiscated crypto through "compliant channels." The state bans you from using it, seizes it, then sells it themselves. This matters beyond China. These surveillance frameworks have a way of spreading. The EU's DAC8 directive already requires automatic reporting of client transactions across 27 member states. Governments want full visibility into every transaction, and the use of privacy tools is increasingly treated as evidence of guilt. Bitcoin was built to be permissionless and censorship-resistant. Proposals like this are exactly why those properties matter.

@TFTC21@TFTC21

ASIMO looked far ahead of its time 17 years ago.

@TFTC21@TFTC21

Mark Cuban: "We're hearing more and more, particularly for larger companies, being afraid of how much they're spending on tokens and how much they're spending on AI. There's always a way that you can use it."

@TFTC21@TFTC21

youtube.com/watch?v=aaMfIz…

@TFTC21@TFTC21

"The traditional media really finds all these excuses not to explain Bitcoin. They want to keep people on the euro." @julian_liniger on how European media uses fear narratives to suppress organic Bitcoin adoption while inflation and 50% tax rates crush the middle class.

@TFTC21@TFTC21

youtube.com/watch?v=aaMfIz…

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