Reddit Posts
Deel, a payment service provider, recently cut off all payments with prop firms. A bull case for crypto.
SEC files 13 charges against Binance and Zhao - OFFICIAL SEC.GOV LINK COVERING IT ALL
Despite what you believe - we are not early or late - we just got the invite.
SEC Reopens Comment Period for Proposed Amendments to Exchange Act Rule 3b-16 and Provides Supplemental Information. "The reopening release reiterated the applicability of existing rules to platforms that trade crypto asset securities, including so-called “DeFi” systems"
“The Merge,” “The Surge,” “The Verge,” “The Purge,” and, “The Splurge". Translsted into english.... "SEC" "THE FED" " CITADEL" "BLACKROCK" "US GOV"
How to Quit Cryptocurrency ( step by step guide )
Government sets out plan to make UK a global cryptoasset technology hub - GOV.UK
Will BTC be accepted as a form of daily payments in the future?
stocks/crypto are falling 2018 and 2021 (Blame US GOV)
Mentions
The beginning of your GOV to control your life's. All joke aside, get ready
True but what GOV always could do (if they know you hold BTC through KYC from exchanges) is, that they sanction you via the FIAT System. Through fines in USD or prision sentence.
Just because it's over the counter doesn't make it immune to supply and demand influencing what people are willing to pay. How are yall so naive? If the US dumps the coins you guys effectively donated money to the US GOV 🤣🤣
Yeah this what the US GOV is probably doing
The reality is that the US GOV over these people are just dogs barking on a short leash… behind a gate.
Interesting fact tinfoil hat wearers may like MicroStrategy HQ is 15 min from the CIA HQ Co wink a dink? What if Saylor is buying bitcoin for the US GOV? 📈📈📈
I could not find anything anywhere about this company, If you look on their site it says they are liscensed but their ceo picture is AI generated and the only contact they have is email, no socials, nothing. Their trustpilot is loaded with copypaste ratings and broken english from every rank, and their website started throwing error 500 yesterday afternoon. I have managed to do successful withdrawls several times as has the friend that got me into it, over 500 at a time sometimes for him. I looked at their listed address on google maps and its some random location in a nice looking neighborhood, doesnt look real. I think its just a ponsi scheme and no real money is being generated, that when you send funds out your just being sent funds from someone else who put money in.. And these return rates seem impossible... I dropped in 2700 dollars before it began to dawn on me, going to wait a month and try to extract my supposed return of 5K+ we shall see... Also I have filed an inquiry with the UK GOV's registrar 5 hours ago, heres hoping they are legit
>Bitcoin is not a currency at all actually. It is a security similar to that of a treasury bond that is bartered amongst some people as if it was a currency. It doesn’t fail as a currency because it’s slow or expensive, it fails because it’s NOT a currency. It fails because the IRS is disinclined to accept bitcoins as agreeable forms of tax payments. The GOV actually needs your US dollars from taxes because the primary purpose of federal taxes is to contract the supply of available circulating currency (not to “pay” for shit as politicians pretend). Bitcoin was created as a currency, but once it failed at being that everyone just started calling it an asset instead It was never intended to be an asset, the whole reason it was created was to be a way to transfer money without banks or government control
All currency is “fiat” no matter if it’s based on a commodity, made of a precious metal, or is given value purely because someone says so. Like US currency for example. It derives its value from a couple sources but the biggest source is the implicit threat. The “threat” is punitive action against you if you don’t pay your taxes. And because you can’t pay US taxes without US dollars, US dollars will always have value as long as there are US citizens and the United States remains a currency-sovereign nation. The other source of value comes foreign and independent interests purchasing securities as treasury bonds and they’re not insubstantial but, unlike other countries who don’t mint their own currency, this is not the primary source for value. Bitcoin is not a currency at all actually. It is a security similar to that of a treasury bond that is bartered amongst some people as if it was a currency. It doesn’t fail as a currency because it’s slow or expensive, it fails because it’s NOT a currency. It fails because the IRS is disinclined to accept bitcoins as agreeable forms of tax payments. The GOV actually needs your US dollars from taxes because the primary purpose of federal taxes is to contract the supply of available circulating currency (not to “pay” for shit as politicians pretend).
There are recovery services that specialize in this sort of thing. (But beware, there are unscrupulous fake recovery scams also, so be very diligent with verifying whichever company you choose). Also, please report the website and group to all the federal agencies and scam-reporting websites. The faster and more thorough the investigation(s) are the better your chances. But don't add insult to injury. (Check out this article about how Recovery Scams work.) [CFTC. GOV Learn & Protect /Don't Get Double Scammed] (https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/RecoveryFrauds.html)
Fuck KYC, fuck the GOV and even more importantly fuck TAXES. My man.
What if I told you the GOV invented BTC?
never cash out. bitcoin buys should be a 1-way street. spend in bitcoin and NEVER REPORTING ANYTHING TO THE GOV EVER.
Wasn’t this the exchange that opened under some serious shady cronyism involving the US GOV and ETH?
He is a president representing, special interests, unions and corporations. If any special interests are anti bitcoin, or it is against the interest of big GOV control, he is against it.
lol winners win yeah look at TERRA LUNA was winning the competition and then dead… this is an iron competition not a friking marathon kid, pray that link have a good complying team and are doing the things by the book with the GOV because crypto have a worthless mantra that they will exist over GOV regulations, sayonara!!
I read every single word of the OP and sir! How this OP wants news??? When this project is working on the most disgust markets: payments. In payments YOU NEED to COMPLY with every single regulation with the disgust GOV if you want to survive and he wants news when we have the SEC putting lawsuits for the ones that are promoting crypto projects… are you fucking kidding me??? this is not your typical degen project that do crimes promoting projects and making your coins a friking security and yeah that’s a crime in finance… the OP is forgetting that crypto projects need to comply, if they want survive in the long run. Seriously I don’t want any news until we comply on every single regulation with the GOVs, is that hard??????????????????? Btw this project is not a friking copycat blockchain like Solana.. this shop doesn’t have money to afford a fucking manipulative lawsuit from the SEC or any bully. This crypto project is based at New York, USA yeah the house of the SEC and the bullies/manipulators of crypto markets so this ppl are silent because of this and nothing else ironically. You don’t need a single ounce of intelligence to know this.
Why Tax, when its not real money. Those GOV ....
I’d say to remind myself that I DONT NEED SEX, THE GOV FUCK ME EVERYDAY BY ROBBING ME OF MY WEALTH
BTW….an ETP …..HAS TO be further classified as either an ETF, ETC, or ETN….so, which is Bitcoin ETF then? (Hint…it’s in the title of the Exchange-Traded product. “Bitcoin ETF” just because the announcement on the SEC.GOV website keeps on saying that Bitcoin was approved as a product, doesn’t mean what you think it means. A ETP HAS TO BE one of 3 things, either an ETF, ETC, or ETN. Reading comprehension my guy….try it.
Security wise it is better to have a hardware wallet. Generally speaking a self custodian wallet if we speak about BTC, can't be blocked or interfered by your GOV. This might be different with other blockchains.
Most ppl default to these trash products because they unfortunately dont know a damn thing about crypto, crypto exchanges, satoshis, crypto addresses, cold storage, and transaction hashes. Many of the ETF's are commission free.. at least Tradstation is. For me ETF is trash because its a derivative... and that is worth nothing in the long term esp if the GOV who granted the ETF suddenly decides to stop allowing the ETF.
Sure it was....... They are the biggest manipulators of the markets they "SwEaR tO pRoTeCt Us FrOm" Before that it was good ol Elon. Ya know though if they used the chance to acquire more. (US GOV not Blackrock etc tho I'm positive they all did). Would that be a horrible thing? I'm torn on that because if it is to become a reserve currency, wouldn't that be a good thing with our gov holding more. I would say that would be a lot better scenario than another less friendly owning a majority. Not great probably short term but for long-term? Not sure I see arguments on both sides with above theoretical scenario.
Garry.Gensler @ IHATEBITCOIN.SEC.GOV
Lol regulations that screw us rather than protect us from grifters and force exchanges to give us some insurance for our funds. Gotta love the USA. Rules for thee not for me. Is the GOV going to reimburse me for the money I lost with Celsius?
When Celsius fails: OMG WHY DIDNT THE GOV PROTECT US????? Now: OMG CORRUPT GOV TRYING TO TO CORRUPT GOV THINGS.
There’s a specific reason for this un-bonding period; if your staking amount is slashed 100% the 28-day period allows users to cancel or reverse this with a proposal. With that said, it’s probably possible to bring this down to 7 days as GOV2 can this.
Big players are coming and they want to dominate crypto. Black rock can take over BTC and maxis who one day were so libertarians are now excited about an EFT and lobbying US GOV to make anything else a security. Strange times indeed
Coinbase also is being sued by the SEC. More likely US GOV attempt to wipe out exchanges across the board.
The same Kraken being sued by the SEC? US GOV attempt to wipe out Coinbase’ competition? Likely. Kraken a good company? By all accounts, yes. Just saying i would tread lightly with any company currently in the crosshairs of the US gov because coming up missing soon after has proven to be a reliable outcome
Fortunately, you can go online to [IRS.GOV](https://IRS.GOV) and setup an easy and affordable payment plan. If the break this down over 60 months, and payments can be as low as $425 million a month.
We will see how this plays out. The underlying and inherent issue at hand here is the one we aren’t ever allowed to talk about! GOV say Kraken do bad, bad Kraken. Kraken make money, kraken take money that meant for GOV, bad Kraken. Now be good Kraken and give GOV money, Daddy need new boots.
Difference is though none of those companies were the leading asset managers for essentially most financial assets. Black rock has a proven track record over decades of security controls. Coinbase works with the US GOV already with respect to crypto. I genuinely believe this time will be different.
Sadly, you are correct. First to pressure him to compromise Bitcoin to be useful to US.GOV, then punished out of spite.
Lol what an itchy little cunt you are, you know we are basically in agreement but you get all aggro and insulting because you think you are just the smartest motherfucker around, don't ya? lol Well I am not wrong though. See an attack is more in the intent, less in the result of the action itself. Government is capable of spinning up tons of nodes. If government does that and tries to fuck over the network it will have no effect other than a sidechain. That does not mean it is not an attempted attack. If a dude in a wheelchair with Cerebral Palsy gets mad and rolls up and slaps you then he is attacking you, even if it is entirely and completely pointless with zero actual chance of harming you... it is still an attack. Whether it warrants any kind of response is a different question. In our case it is nothing to worry about, we are and always were in full agreement on that. However if the GOV did all that because they thought it would hurt BTC just because they are stupid and wrong does not mean they did not try to attack.
Meanwhile, the FUHXIN IRS and BIG GOV coming after you and me for pennies compared….
It’s based on your income tax. Here is the [GOV](https://www.gov.uk/capital-gains-tax/rates) capital gains tax rate link. If you are in the basic tax rate, you’ll pay 10%.
In a way there are actually an INFINITE number of Bitcoin pieces. Let me explain: It is true that there are only 2.1 quadrillion pieces of Bitcoin (Satorshis) on the main chain. That is set it stone. In that sense, it is finite. However, layer 2 and layer 3 solutions allow Bitcoin to be infinitely divisible. Right now the lightning network supports going down to one one-thousandth of a satoshi. or a millisatoshi (msat) so Bitcoin is already divisible by 3 more 0's than the mainchain. It can be even further divided whenever it becomes necessary. We also think of time as finite. there are only 60 seconds in a minute, but even though seconds are a finite unit, they can technically be divided into infinitely smaller pieces. Bitcoin is similar. Yes, it is finite and scarce in that sense, but there will ALWAYS be ENOUGH for everyone. Even if we had more than 2.1 quadrillion people, it can still be divided down far enough that there will always be enough for more people to keep using it. The main points for it are: 1. It's the only currency with integrity and fairness 2. Almost all other points in its favor are subcategories of the above point about integrity and fairness I kind of wish people would stop making such a big deal about "21 million" because it's kind of a weird arbitrary number and point when the decimal point isn't limited to 2 positions. Consider the following thought experiment: The US has $2.26 Trillion in US Dollars circulation as of 2022. That is 2,260,000,000,000. But if the US makes a CBDC and keeps all the same currency in circulation, but just moves the decimal place on number up another 8 spots and calls that spot a "USCoin" ($22,600.00000000) then the US could argue their currency is more scarce than Bitcoin right now because they only have 22.6thousand USCoins while Bitcoin has 21 Million Bitcoin. The US could then argue that they can still inflate their currency hundreds of times and it would still be "more scarce" than Bitcoin with fewer "USCoins". It's kind of pointless to argue that 21million means anything when the decimal place is simply an arbitrary position. It gives critics or adversaries some leverage. The number is meaningless. The only reason it matters at all is not how many there are, nor whether it can be broken down further (it can). All that matters is that there IS a limit, and that there is integrity. 21 million or 21 quadrillion or infinitely divisible. None of that is really the point. The point is that it has integrity. It can't be forcefully taken. It can't be stolen and value reduced through inflation. It doesn't favor one group or person over others. It is the only thing out there that is fair and has integrity. GOV's can create all the CBDC's or cash or currency or whatever they want, they can't create anything with fairness and integrity. That is the problem. **It doesn't matter if a CBDC even creates one with a limit of 10 million coins on their CBDC chain. They can make their coin more scarce than Bitcoin, and it still won't have integrity or be fair.** We need to stop talking about 21 million in that way. It's possible to be more scarce than 21 million or have way more than 21 quadrillion and none of that makes any difference at all. All that matters is the integrity and fairness. The rest is a distraction. Bitcoin has always had 21 quadrillion on the main chain, and now up to 21 quintillion on the secondary lightning solutions. Don't be surprised if Bitcoin fractions get up to 21 sextillion or 21 septillion pieces of Bitcoin. CBDC's could limit theirs to way less than that, and they'll still suck by comparison because they are not fair with integrity.
Another Sullivan and Cromwell former associate in a GOV position ruling against XRP... ETHgate is alive and well
Good luck cashing that money out without getting questioned where it came from. I think the GOV would instantly take that money away from him.
Too bad for Coinbase and Kraken, if only GOV US would focus more on supporting their CEX, maybe the monopoly today would be with a US company, but poor regulation and SEC abuses are holding back the growth of these exchanges. Many do not realise that the attacks by some governments on Binance are also the result of protectionist policies, in order to give national companies a chance in the market, something that if they had worked with these exchanges from the beginning would be totally unnecessary.
And possibly keep A.I out and have full privacy right now we don’t have any privacy our GOV controls everything
Funded by the GOV and Home Land Security 🙄🤨
Well hopefully the GOV is smart enough to physically disable any networking chips the machine(s) may have. You can’t code a WiFi chip.
Oh they'll come around and get sucked in.. They'll put if off until the bull run has gone on long enough for them to feel safe or get greedy. 1.5 - 2 years. They'll buy the top. Sell at a loss and hate it even more and complain until BIG GOV lashes out for them to feel vindicated.
But that’s exactly the problem, the GOV !!! It’s inflated wealth on the back of poor and middle class lol. Everyone that has no connection is basically paying their extraordinary life style and filling their pockets, hence why a decentralised currency would benefit the people for once and not the liars.
Fair enough. I also mainly hold BTC, however I don’t see a mass adoption of BTC specifically. I still stand by what I said, it’s not fit for purpose. Something like XRP could work. However personally I don’t think any independent CC will ever replace GOV controlled fiat, that’s like giving up power, that’s never going to happen, they will just release an own token we will be forced to use. For me the tech is more so leading towards validation and certification process, there is a massive unclaimed market in that sphere which fiat has no influence on and cannot deliver the product/efficiency.
i dont need my GOV to protect me. Give me my freedom i deserve :D
>Us Americans are supposed to pay taxes on gains even if we exchange Bitcoin for other goods/services Thats why I dont have "gains" and just use it for purchases jokes on the american GOV XD
its just Genslers shell now, the soul left the body when the letters GOV were slapped on his resume
The government doesent produce anything, it only consumes! This is why the bigger the government is the more inflation there is. But the government builds roads! NO IT DOESENT YOU FK IT TAKES YOUR HARD EARNED MONEY AND GIVES IT SOMEONE ELSE TO MAKE THE ROADS. SO AT BEST GOV IS A MIDDLE MAN: LAST I CHECKED WE DONT LIKE THOSE? BYE
While you are creating jobs, GOV will love you ... if not, get a grip.
Yeah sorry not sorry, US GOV and regulators have been extremely hostile to crypto. USAs fucking it up man, we don't wanna follow them down the falls on this one
>GOV "likes" stablecoins = CBDC is on the menu. Financial handcuffs, or ball and chain, whichever people prefer...
>GOV "likes" stablecoins Read: Government likes *total control*
GOV "likes" stablecoins = CBDC is on the menu.
I love crypto but I love the SEC, China is crap and it is heaven we have now the chance the US GOV csn protect us worldwide again like superman. PLEASE... It is fine accounts like that promote government propaganda. They do it already for a while to create narratives. But could you do us all a favor? Put more effort into it and stop making it so hilarious stupid. By now nobody with the intellect above a pigeon believes that shit anymore... big daddy is here to protect you. 🤦this stuff is so dumb and on par with Soviet propaganda. it makes one vomiting while getting itpushed down the throat.
Most criminals are idiots and will use a system that has been compromised. So .GOV infests, has a friend purchase or shuts down any that are in it's reach.
US GOV, protecting US citizens but they need to be paid first
Aside from the post, the GOV could be filing all these lawsuits until they get their own versions out. In Egypt for example the central bank refused a money transfer app’s license to operate until they created their own app, and then they granted the license to the other app after launch
But in regards to the Chinese official bribery I can see the US still prosecuting him for it even if Bahamas drops the charges. I don't have too big of a feeling of him seeing true justice. If the GOV wants to make an example out of someone then this would be a big opportunity.
Giving how desperate GOV are on banning crypto with regulations , Environmental concerns , etc , I'd say its winning and getting closer and closer to its original vision.
The following administration moved away from the gold standard. So, seeing Bob Kennedy JR on the stage talking about BTC not being interfered by GOV. Entities we have officially come full circle.
We just want the GOV to LEAVE US ALONE, fuck this criminal organization
A locked door is still a door. In this case, there should have never been one built. Hackers and GOV don't care about locks.
Bank: Gambles with customer deposits and loses GOV: Heres a bailout and call Jamie Dimon he'll help you out. SBF: Gambles with customer deposits and loses GOV: Prison I don't think the SBF decision was wrong, but holy shit can we have the same standard applied across all these fraudster financial institutions?
SEC are getting support from the GOV, or they wouldnt be doing this
And how much have the people working in the GOV made by making money out of thin air..
You think it will actually go through? I’m guessing hold off on buying any Ethereum or any other well established or blockchain technology/cryptocurrency. Wait until the fall then rebuy like the GOV will do!! It’s all a scam by them. I’ll say a trillion dollar platinum coin minted and now doubled its worth by spot platinum price… gov scam us, but we can’t benefit from what we should…
>there needs to be consumer protection, financial reporting and other integrity measures to keep them honest this is crypto currency. if people want this they can go to wall street. this is not an argument for why WE need it to be regulated, but why the GOV needs it to be regulated.
A: There is no legal requirement to identify yourself when writing code. B: The GOV cannot compel someone to identify unless there is reasonable suspicion they have committed a crime. It’s going to be a bit of a tall order for the GOV to prove they have the authority to demand ID from anyone who writes blockchain code.
To add a little more context, the bank is a bit notorious. They were heavily implicated in the Panama papers and have been sanctioned by the US GOV among other scandals
They could do what the US did with Gold and just force them to give it to the GOV
What the fuck is wrong with you? You are insisting again and agsin that you want to know if you can punish civilians without even knowing them! You can't get enough from licking GOV boots can't you?
Because the GOV prints too much fiat.
SEC : We'll sue coinbase and regulate Crypto to death U.S Gov : Crypto must be replaced with CBDCs. Crypto is dangerous and volatile. Also US GOV - Let us take some profits.
So aggravating; she cannot be that dumb. Or at the very least she has to have at least one savvy person around her who has explained it to her enough for her boomer brain to grasp the truth of the matter. D or R; all these grifters in GOV are wolves in sheep's clothing. They pretend to be for the people but in reality are always protecting their own interests.
Hi, Why does the US GOV have BTC? Where did it get it? Thanks!
US GOV to you and buisnesses: "Bitcoin is worthless" US GOV with stolen coins: "Except these."
Don't forget the US GOV about to make a big splash with 1.18b in Bitcoin selling
US GOV seed phrase: Govern Want Take Asset Make Illegal Then Happy Sell Enrich
US GOV 6 month Treasuries. I have 3 buys at 100k each. It's kinda like staking Fiat at 4.5% short term.
US GOV: crypto isn't real money Also US GOV: we're going to tax your crypto so PAY UP
Lets hope the GOV doesn't step in and start making unmeetable changes like they are doing in other countries
If the GOV got off their asses and built fare regs around crypto the tax would be more profitable than tobacco. It's a shame new regs are so difficult they will just try and ban an income stream that people are willing to pay
BTC, POS and GOV it's not a match
I just found out that coinbase has ownership of Xapo. Considering what USA GOV and SEC are pulling right now, I cant help but to root for this, even though the bank HQ is located in a semi shady place AND that we’re dealing with circle
Yup. Was working a GOV job for my CoOp last year. The amount of spam emails with links and shit was insane, but so easy to tell between a legit and non legit email. And my higher ups were CONSTANTLY emailing reminding people not to click links.
It shows that people have more faith in a crypto network than banks backed the US GOV
US GOV: "Okey guys, we need a new target to blame for this crisis" Senator: "Let's blame crypto for all our problems" Senator 2: "Let's blame crypto and Russia" Senator 3:"what about taking responsibility instead of blaming it to crypto" [https://imgflip.com/s/meme/Boardroom-Meeting-Suggestion.jpg](https://imgflip.com/s/meme/Boardroom-Meeting-Suggestion.jpg)
Why do you think the SEC wants control… They, their friends and many of the GOV are current or Ex Banking people..if they can’t control Crypto Banks will lose out in a huge way… I mean come on SEC and Banking industry are doing such a good job already…LOL
still banks are still safer than carrying cash around, did you know the GOV"T can legally confiscate your cash if they at their discretion deemed you are carrying or having too much physical cash on you. Either way pick your poison Also where are people withdrawing this money to .... another bank ? also THE GOV'T the literally GOV'T do not have that much physical cash to cover all the withdrawals by Americans if need be, we have MORE digital money than actual money and can never cover that digital $ with physical
when that happens, the GOV will attack all other currencies to make theirs look better and obviously it would be heavily centralized and superbly controlled by the govt itself. The reason why crypto is soo wonderful is its community and its ability to make money from thin air.
I'm reserving the judgement for now. This could still be not directed specifically at crypto. There's an analyst, Marc Cohodes, making the rounds recently, who supposedly [predicted the fall of FTX](https://twitter.com/liron/status/1592039990871339008) and Silvergate. He had now recently written a report to the authorities about shady stuff going on with Signature Bank and its Signet network. Could be that this was the catalyst for this bank seizure. https://markets.businessinsider.com/news/stocks/short-seller-who-predicted-ftx-silvergate-capital-collapses-and-shorted-svb-financial-has-new-banking-target-a-worldwide-money-laundering-story-1032160796 >Cohodes said he has turned evidence over to the government on Signature Bank. >... >Cohodes said he hopes the government steps in and does something, specifically shutting down the Signet network from Signature. Found a bit more on his reasoning in an interview, where he says multiple times he isn't very informed on crypto and thus pretty neutral on it, but entities around crypto seem to attract money laundering and this Signet network has become a hub for this even without crypto involved. Listen about 2-3 minutes from [21:49](https://www.youtube.com/live/Qdl53t7AKBo?feature=share&t=1309). Disclaimer, I didn't listen the whole interview through. Extremely easy to let emotions take hold and jump on the "BIG GOV IS BANNING MY CRYPTO!!" bandwagon. Maybe it's something else though. Could also be for example that some people involved with Signature Bank (like Barney Frank) are feeling the heat and want to gather support for their side using crypto as a fake rallying cry and neglecting to tell about their money laundering operation.
At the moment the US GOV is saying no bailout for SVB. If nothing happens that 3.3 billion dollars is just 250K and an IOU. Also, possible other regional bank runs on Monday. Monday the depeg could really start to detach
Just like the GOV prevented the mess at SVB?
Imagine you bring a case of 100 dollar bills, you get caught because they were all new… The US GOV then incarcerates you, you then get visited by a woman that works for a shadowy branch of the gov, you get hired in exchange for your freedom to solve future crimes…