Throughout a March 5 listening to of the Home Monetary Companies Committee, US Consultant Sean Casten, an Illinois Congressperson, argued that “crypto-friendly guidelines” threaten US nationwide safety.
The lawmaker made the remarks whereas debating H.R. 1716, the “Taiwan Battle Deterrence Act of 2025,” accusing President Donald Trump and Elon Musk of dismantling Anti-Cash Laundering and monetary surveillance legal guidelines. Casten added:
“They’re pushing crypto-friendly guidelines that might make it primarily inconceivable to find out the supply of funds which might be being was once transferred. I need to level out that 100% of the ransomware assaults in america are funded by crypto.”
“And but my colleagues would make it simpler to make use of crypto, cut back the oversight, and make it simpler to visitors cash,” the lawmaker continued.
Consultant Sean Casten criticizes pro-crypto insurance policies. Supply: US Home Monetary Companies Committee
Professional-crypto Congressperson Warren Davidson responded to Casten, stating, “[…] Once we hear Mr. Casten throw out all kinds of issues, we get it — he needs a surveillance state.”
Davidson added that america shouldn’t develop into like China to discourage the South Pacific nation and urged lawmakers to abide by the precepts outlined within the US Structure.
Congressperson Warren Davidson responds to feedback made by Casten. Supply: US Home Monetary Companies Committee
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The creeping menace of the surveillance state
Former Nationwide Safety Company (NSA) contractor-turned-whistleblower Edward Snowden warned that the NSA was days away from taking up the web in April 2024.
The whistleblower cited expansions to part 702 of the Overseas Intelligence Surveillance Act (FISA) and the obscure language used to explain an “digital communications surveillance supplier.”
In line with Snowden, this might probably compel almost each particular person, together with workplace staff or contractors related to service suppliers, to behave as surveillance brokers for the US authorities.
In November 2024, Snowden sounded the alarm on centralized blockchains and synthetic intelligence, calling for decentralization as a bulwark in opposition to the threats posed by concentrations of digital energy.
These warnings had been echoed by David Holtzman, a former army intelligence skilled and chief technique officer of the Naoris decentralized safety protocol, in December 2024.
Holtzman argued that the surveillance threats posed by AI are unparalleled in human historical past and stated that decentralization was key to stopping a rising authoritarian menace.
Journal: Cypherpunk AI: Information to uncensored, unbiased, nameless AI in 2025
