"Just buy crypto" lmao faggots

>California just signed off on something wild, if you leave your crypto untouched for 3 years on a platform like an exchange, they can take it.

>Literally. No login, no movement, no activity? The state labels it “abandoned” and has the right to grab and sell it.

>Doesn’t matter if it’s Bitcoin, Ethereum, or some obscure coin. This new rule doesn’t touch self-custody wallets, just the ones on platforms.

>It passed without a single vote against, 78 to 0. Now it’s heading to the Senate. A lot of people are calling this a huge red flag for privacy and decentralization.

>It’s no longer just “not your keys, not your coins.” It’s “not your activity, not your coins,” at least in California.

You can't grab what you don't know exists sweetie

>>509255191 (OP)
>Commiefornia
And this affects me, someone who does not live in commiefornia how?

>>509255191 (OP)
Democrats states have the highest tax rates in the country and now they want to steal your investments.

>>509255191 (OP)
Why is the California State Assembly so bonkers? Like the residents of the state don't seem that 'out there,' they voted against illegal immigrants, gay marriage, for the death penalty, against raising tobacco taxes and against affirmative action in various statewide referendums. But their state government is run by lunatics.

>>509256442
They’ll keep doing it as long as the people allow them to. There’s no reason at all for them to stop.

>>509255191 (OP)
>commiefornia already stealing its residents property to try and make ends meet

LMAO

>>509255191 (OP)
>This new rule doesn’t touch self-custody wallets, just the ones on platforms.
nothingburger

Retards leave their money on exchanges . They deserve this

>It’s no longer just “not your keys, not your coins.
It is in fact just that and always was that.

>>509255191 (OP)
Crypto is horseshit. But in any event, crypto does not fall under the jurisdiction of any government in the US or any other country for that matter.