Reddit Posts
Pro-XRP attorney’s phone hacked to promote LAW token
A detailed explanation of what happened with CRV and AAVE.
You wanna know the real reason SBF isn't in a jail cell?
My Adventure as a Crypto Bounty Hunter Part 2 (What happens after I track stolen funds)
Political people "calling out" the SEC or saying things we like doesn't matter without action
Something to keep in mind some people will always blindly trust the gov and even defend bad behavior
Privacy plays a vital role to survive in this bear market.
How is customer assets protected? - a primer on FDIC, SIPC, and regulations
Something to note when people take Warren Buffett serious about crypto
Full English Translation of the Central African Republic Cryptocurrency Law
I asked some lawyers if the gov can take your crypto in a civil forfeiture (USA)
ADA and ETH are taking so long because it's hard
Public and Legal actions against Bithumb company
🥇Proto Gold 🥇 |Hacken Audit Completed – Perfect Score | $4.5m Market Cap | Daily, Quarterly & Staking Rewards| Quarterly Bonus in 4 Weeks |NFT Gold Coin Partnership | WAFUNIF U.N. Technology Partnership| Suite Of Complimentary Dapps | Rugseekers 97.2/100 Score
Mentions
100 years ago the LAW was openly and explicitly racist. Lots can change in 100 years, so much relevance has been shifted. And even then, with laws in place, security fraud is STILL rampant. It happens all the time. The law hardly enforces anything.
100 years ago the LAW was openly and explicitly racist. Lots can change in 100 years, so much relevance has been shifted. And even then, with laws in place, security fraud is STILL rampant. It happens all the time. The law hardly enforces anything.
Coinbase: is this OK? USA SEC: So far Coinbase: I sold crypto for fiat and made it easy. Coinbase: I made money and didn't have to bribe a Senator like hedge funds did . Chase,BOA,USB and coven: (point fingers) Senators: (point fingers) SEC: COINBASE YOU VIOLATED THE LAW AND I HAVE TO PROTECT THE BUSINESS ER THE PEOPLES.
you should sue that custodian. Welcome to LAW!
They ruined his birthday with $LAW? 
tldr; Pro-XRP lawyer John Deaton's phone was hacked on June 4, and tweets promoting a cryptocurrency named $LAW token were sent out from his account. Deaton's daughter used her Twitter account to notify the community of the compromise and urged them to report the unauthorized access and hacking of his official Twitter handle. Some members of the XRP community responded positively to Deaton’s plea and went ahead to post more tweets to alert more users of the situation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
and just like how cryptolawus founders account is hacked 20mins ago pushing $LAW, saying it's officially cyprtolawus's .. insane
>Policy being voted on effects many more people than just those who “own land”. The FED government was so restricted (to the primary role of defense of the individuals natural rights, that of Life, Liberty and Property) at the time it was established that most decisions regarding policy didn't affect anyone but land owners. As THE LAW was perverted beyond its original purpose, policies impacted more and more people, thus the vote was expanded to those who were impacted. If THE LAW was restricted, If THE LAW couldn't plunder the individuals liberty or property, what policies exactly would you vote on? i.e. If THE LAW couldn't plunder you, it wouldn't matter who was president. Voting would be quite irrelevant.
Forgive me Guy, I thought you were under the impression that voting wasn't originally restricted. The link simply meant to provide info regarding that topic. I'd argue the opposite. THE LAW (policy) should be so restricted such that it cannot plunder the liberty and property of anyone. If THE LAW's first priority is to ensure the life, liberty and property (natural rights) of each individual, it must refrain from violating these natural rights. ***"Perverted Law Causes Conflict*** ***As long as it is admitted that the law may be diverted from its true purpose--that it may violate property instead of protecting it--then everyone will want to participate in making the law, either to protect himself against plunder or to use it for plunder. Political questions will always be prejudicial, dominant, and all-absorbing.*** ***There will be fighting at the door of the Legislative Palace, and the struggle within will be no less furious. To know this, it is hardly necessary to examine what transpires in the French and English legislatures; merely to understand the issue is to know the answer." - Frederic Bastiat, THE LAW*** Think about it. THE LAW has nothing to give that it does not first take from someone. What exactly would you vote on, if THE LAW couldn't plunder the individual? If THE LAW couldn't plunder you, it wouldn't matter who was president. Voting would be quite irrelevant. Instead, we have this: ***"Every Election is the advance auction of stolen goods" - H.L. Menken***
Your so brain dead. Agencies aren't granted powers by just saying it, it's the legislative branch through LAW. Law is what grants them power or not. They execute on existing law. Passing a law against jaywalking is granting police power. They are funded to carry out existing laws. Use whatever political semantics you want. I'm just explaining how it actually works. Your just victim to propaganda pointing the finger and the wrong thing.
>Absolutely bullshit. Technology did that, not capitalism. When Henry Ford create the tractor, which improved agricultural production and resulted in abundant production of food, was that not capitalism? Capitalists developed and/or use existing technologies, because they have an incentive (profit motive) to serve people. When we convert THE LAW into a weaponized system of plunder, the capitalists incentives change, because its easier to use THE STATE to plunder you than it is to compete amongst other capitalists to serve you.
>Read Smedley Butlers book War is a Racket. Great book. Pretty much describes how capitalists USE THE STATE (at your expense) to plunder the resources of other nations, iirc. Again, if THE LAW was restricted by the 'fundamental principles' referred to by George Mason, capitalists couldn't use THE LAW to plunder other nations and peoples, let alone those of their own country. The capitalist would have to compete with others to serve you best, rather than use THE LAW to plunder you.
>Capitalism has put more in poverty than it has lifted out. Absurdity on stilts! The food you eat, the shelter you live in, the computer/phone your typing on, the Reddit we're communicating on, all of it is a product of capitalisms. It sure is a luxury for you HATE the people and system of freedom that provides the standard of living you have. “***It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest.*** We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages” - Adam Smith The reason communism kills millions is that when you remove the personal incentive (profit motive) of the butcher, the brewer, and the baker, the meat/beer/bread don't get produced in any quantities reflective of market demand. Further, remove/suppress the price mechanism and you remove the signal the market uses to identify what goods the market demands more or less of. Nothing removes personal incentive like the elimination of private property, which is one of the primary tenant of Communism. Show us ONE ruthless entrepreneur that didn't use THE STATE to restrict competition or subsidize their endeavor. Just ONE. The STATE should prevent the ruthless entrepreneur from violating your life, liberty or property. Not aid and abet them in plundering you. But so long as it is admitted that THE LAW may plunder you, capitalists will use THE LAW to plunder you as well. If they couldn't use THE LAW to plunder you, they'd have to serve you better than any of their competition. And THAT competition between entrepreneurs to serve you has lifted billions out of grinding poverty, despite the fact you don't see it.
>There is only one conflict we need to be aware of and it's class conflict. Every other division (racist, anti Trans, etc) is a purposeful division of the working class to distract from the class warfare that capitalists are waging on us. Class conflict is an intentional distraction from the non-consensual relationship between you and your government. Your argument is effectively ***'evil capitalist use government to plunder us'.*** The solution is to limit government, which forces capitalists/entrepreneurs to compete among themselves to serve their fellow man instead of using THE LAW to plunder them. "No free government, or the blessings of liberty can be preserved to any people, ***but by frequent recurrence to fundamental principles."*** \- George Mason
I AM THE LAW \-Government (technically they make the law so this is true)
SEC literally: I AM THE LAW!
Who do you fuck up so bad when your parents specialize in TAX LAW?!
you're still under arrest, sorry, IT'S THE LAW
FED: I do nothing Illegal cause I am THE LAW
SEC is not acting as an agency that enforces the LAW. They are acting like a special interest group operating on behest of Wallstreet.
"I AM THE LAW!" - the SEC, probably.
You start off by assuming that everything the SEC has said is correct. So you’re heavily biased toward statements made that have already been throw in the SEC’s face in court. I thought some counter points might be valid. 1) the SEC has no jurisdiction over crypto currencies. Only congress can give that power, and they have not. Point blank. The point of the lawsuit against ripple is not to uphold the law. The SEC has been admonished in open court that they are not pleading this case with an allegiance to the law. Rather that they are pleading this case with a desire to reach a certain outcome. And that outcome would be, in effect, to REWRITE THE LAW. If you notice, there are no allegations of fraud against either Ripple or Chris Larsen or Brad Garlinghouse. Infact, despite being a case about selling securities, the SEC has not been able to point to ANY SINGLE TRANSACTION in Ripple’s 10 + year history and say “this is the problem right here your honour” The point of the lawsuit is twofold. Firstly, the lawsuit itself is a weapon. The sec was warned by their own internal review that that the lawsuit would cause undue harm to investors and yet they went forward anyway. (Directly operating against their mission statement.) the only people this lawsuit protects are incumbent banking giants. The exact people who have the most to lose if and when ripple is able to operate inside the US. Ripple openly traded xrp in a fair market for 8 years, under 4-5 separate sec chairs. 2015, Ripple filed a settlement with Fincen, in which Fincen, a US government body, declared that xrp was a digital currency. The SEC approved Ripples partnership with money gram. There MUST have been a lot of paperwork to look at to agree to such a massive deal. They must Then the lawsuit happened? So they And money gram could not operate freely. So they partnered with Stellar. Stellar Is an exact copy of the xrp. Both founded by jed macaleb, With others. So if xrp is a security, xlm MUST also be a security. But no law suits against stellar? Money gram is allowed to partner with them and keep doing EXACTLY WHAT THEY DID WITH RIPPLE. The second point of the lawsuit was to delay xrp adoption. And this has happened inside the United States. 2) Xrp tokens. Ripple labs DID NOT CREATE THE XRP TOKEN. A group of founders premined 100 million tokens, and then gifted them to Ripple. Xrp tokens are held in escrow by a third party. Ripple has no access to these tokens. They are controlled by an algorithm that unlocks 1 billion per month. For the last 12 months Ripple has sold approximately 17% of these tokens, and then placed the remaining 83% BACK in escrow. I believe this escrow system to be the most responsible action any crypto ceo has taken. Every person can track all the coins, when they are realized, and when they are returned to the escrow. And the new release date. This is literal proof that Ripple CANT dump on the market. https://t.co/6WPmhRS6Qm The ONLY information I can find about how many tokens the Ripple ownership owns is about one person. Chris Larsen. And he is said to own 5.1 billion. Jed Macaleb was given 9 billion, and has systematically sold them since his departure from Ripple. And he has sold them all, i believe it was late last year that he sold his last tokens. So I would like to see the amounts you’re taking about. Also, I would like to see a comparison of ownership holdings of the top 20 coins by market cap. How many eth does lubin hold? Or Buterin? How many Ada does hoskinson have? How many tron does….. well. Anyway, simply saying they have a lot doesn’t mean anything by itself. Does ripple sell xrp to make money? Yes. Which protocol doesn’t? Plenty of videos of Joseph lubin or Vitalik Buterin bragging about how many they sold “so that gives us a much longer runway” The difference I see is they ripple will tell you how many tokens they have, and how many they sold. The enterprise ethereum alliance will not tell you. Is NO ONE worried how many eth joe lubin actually owns? I’m not shitting on eth, just asking a completely rational question. The appearance of a double standard when it comes to the laws and how they are enforced can not be understated here. I will not go into any of it, but search ethgate on YouTube and you will have a long list of potential starting points. 3) securities One of the most important points about tokens being securities is that they require an investment contract. And the Supreme Court has upheld that very fact over and over since the Howey ruling. He sold shares in the orange grove, and promised profits when he sold the oranges. The issue was the packaging of the sale. Not the oranges. So the same logic has to apply to tokens. First, Ripple does have securities. Its their stocks. And they’re registered with the SEC and only for sale to accredited buyers. Second, if token sales violate securities law, which sale, and why? The sec has declined to explain on both counts in court. Instead they have said that town sales IMPLY an investment contract. That’s fine, until you start asking a couple of very minor questions. What do they owe me? If I have a contract, I’m owed something. What is it? How do I force them to give me what I’m owed if I can’t show a judge what it is that they’re supposed to DO, or PRODUCE or PAY? What are the terms of the contract? How can I prove they are in breach of this implied thing? Another ruling the Supreme Court has upheld is that an investment contract requires BOTH an INVESTMENT and a CONTRACT. And a token sale has no contract with Ripple itself. The next point is an investment into a common party. Just because I want a token to go up in value does not mean that I have entered into a arrangement with that company. It doesn’t even mean that I know who or what ripple is at all. Just because our interests align, it doesn’t mean we are relying on each other. The xrp token fails the Howey test in so many ways. The judge in this case is very knowledgeable and seemingly quite fair. I would be very surprised to see her align 100% with the SEC. Very easy for both parties to get big Wins at summary judgement, both sides ultimately getting a positive outcome, and then fight over the smaller stuff in court.
This is a question more about LAW of Supply and demand. rather than currency, ie. if a hurricane hits the east coast.. bottled water and lumber becomes more expensive relative to other goods/services not in demand/needed. The good thing is the higher price (aka price gouging) incentivizes people to produce/move/supply more of the product until prices come back to an equilibrium. Bitcoin is just the means of exchange from your product/service to another product or service. With use of a relatively fixed supply currency, laws like supply and demand are more obvious than ever. Oh and a nice bonus, everything gets 'cheaper' over time with a fixed supply of currency.
Agreed. In fact, CHINA is dictatorship (bad) but with a national vision; USA is democracy, but with a glimpse of dictatorship with their powerful tool: LAW. Keep up the email spamming OP, this is gold for all of us!
They only accept LAW tokens
I find myself again in an awkward position - this time excoriating Coinbase's position on Howey: 1. Investment Coinbase asserts that money isn't at risk for non-performance in staking. But neglects to point out that incompetence, negligence or malfeasance could result in the slashing of a stake. They write: >This risk, moreover, must be the sort of loss that accompanies an investment and not the risk that every party to a contract faces when depending on the other party to perform its agreed-upon role. In the first place, coinbase can perform its agreed-upon role and still have stakes slashed by failure to properly secure keys, servers, etc.. Second, they apparently forgot to read the coinbase terms of service. These quite explicitly lay out terms that limit Coinbase' liability far more narrowly than ordinary breach of promise... >... EVEN IF COINBASE HAS BEEN ADVISED OF OR KNEW OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES, AND NOTWITHSTANDING THE FAILURE OF ANY AGREED OR OTHER REMEDY OF ITS ESSENTIAL PURPOSE, EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF COINBASE’S GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW. Yeah... maybe they're liable. But not until after they've taken it to the Supreme Court, and only if they actually break a law. At massive relative cost to whoever is trying to get their fraction of 32 ETH back. Protecting small depositors from the uneven playing field of contract law is exactly why securities law was put in place. b: Common enterprise. Coinbase does the staking. On its servers. With its keys. That's the common enterprise. Yet coinbase writes: >Users of this kind of staking service retain full authority over their assets Actually they don't. They don't choose which blocks to propose. They don't choose how to secure their keys. They depend on Coinbase. c. Reasonable expectation of profit. Find me someone who stakes on coinbase with an intention to lose money, and I'll find you an idiot. Users are not performing a job and getting rewarded. Users are tying up their capital, giving it to coinbase who could not but for their investment do a job for which they get paid and profit, and coinbase is paying a return on that investment. d. efforts of others This is the easiest, and richest part: >There is no obligation or discretion for the service provider to seek out the best opportunities In other words, according to Coinbase, staking on Ethereum is merely a rubber-stamp process. There is no need to choose transactions to include in blocks, no need to propose blocks, no choice at all in attestation... it's all just automatic. Which is of course completely wrong. If that was the case, there's no point for slashing penalties for dishonest behavior. Of course there's choice. And of course whoever is investing in coinbase has no chance to make that choice. It's all left to coinbase. I am not a fan of SEC, and its procedures are draconian and oppressive. But when I see stuff like this, it makes me want to puke, because it completely casts us all as selfish nitpicking goofballs, looking at semantics but not at purpose. If SEC thinks coinbase represents our community, we shouldn't wonder if they think we're all a bunch of greedy gamblers, flying by the seat of our pants, and liable to get a lot of innocent "investors" really hurt if crypto ever goes mainstream.
Inverse Cramer is The LAW.
Of course it is, that's why it's a LAW.
Keep it all and screw you i died in a yacht accident. CODE IS LAW
HEAR YE, HEAR YE WE DECLARE BITCOIN TO BE LAW -Brazil
How about a LAWMAKER gets it in gear and proposes and passes a LAW so this tin-star cowboy Gary doesn't have to share his thoughts with us.
There is one downside why i currently cant stake the ETH in my Ledger-Wallet: Those are all currently long-term TAX-Free in my country - converting them to sETH would remove the long-term status which is really bad in my country, because there is no "long-term" in Austria anymore since a LAW-change last Year. ​ If i stake now, and ETH goes up to 100k(lol let me dream), i would have to pay 27,5k in taxes when selling. ​ However - i hope you're right and sETH wont be needed anymore and we can directly use our ETH in a staking pool.
The point of disagreement is the fungibility of sats. It's true that in most scenarios sats are fungible. However, regardless of inscriptions, anyone who accepts the ordinal system can distinguish between sats. If they want to assign more value to a sat whether it's because of inscriptions or not, they aren't interchangeable to them anymore. Compare it with your lucky coin: its face value might be 50p, but because it's *your* coin you would ask a lot more for it. Price is a subjective judgement, value is in the eyes of the beholder and all that jazz. If I had cc7ca5c755220c5592c2a7557531b301033833f57997a1ad12d55e3487543f51i0, I would not trade it for another sat with the same inscription, therefore it's non-fungible. The same way if I had a legit BAYC, I would be financially stupid to trade it 1-for-1 for a copy-pasted one like RR/BAYC or whatever. The market says they are not the same and you it won't change its mind regardless how much you insist it's not a real NFT. --- fun·gi·ble adjective LAW (of a product or commodity) replaceable by another identical item; mutually interchangeable.
fun·gi·ble adjective LAW (of a product or commodity) replaceable by another identical item; mutually interchangeable. ----------------- THIS MEANS... That a *Non*-Fungible Token cannot be replicated. But Bitcoin doesn't allow for non-replication. In fact, if you scan thru all the Ordinal Inscriptions, there's one in particular ADVERTISEMENT that I've seen *at least* 5 or 6 times. There are definitely more than 1 of the same Inscription, which means that neither one of them are with more than 1 Satoshi as far as I'm concerned.
LOL So this is the same story as yesterday, but they’ve just added the bill name “ACCEPT” to the title, very misleading. It’s just as unlikely to pass as it was yesterday. Looking forward to future proposals with “CONFIRM” or “LAW” names.
https://twitter.com/DeItaone/status/1615755576201314326 CRYPTOCURRENCY WEBSITE BITZLATO SEIZED 'AS PART OF A COORDINATED INTERNATIONAL LAW ENFORCEMENT ACTION' - NOTICE POSTED TO SITE bahahaha
CRYPTOCURRENCY WEBSITE BITZLATO SEIZED 'AS PART OF A COORDINATED INTERNATIONAL LAW ENFORCEMENT ACTION' - NOTICE POSTED TO SITE pmpit
It's because BY LAW they had to give both sides of the argument, give pretty much an unbias view, and so on. After it was pushed for the FCC to not enforce the law, and then the law to be gotten rid of. Media companies went from having their news being unprofitable and at least honest without ANY editorial thoughts. To being pure editorial thoughts. To the point in courts they now are ruling the "news" networks aren't news. The courts are saying a normal person wouldn't view anything they say as truth. This taking away most of the legal that could've been used against them. ​ ​ Like if we still had those rules and they work enforced. You likely would see the news a hell lot more honest, and being fact seekers.
And this guys parents are LAW PROFESSORS!! Definitely knew what they were doing…
With Sam at the helm, nothing is impossible....FYI, KUcoin IS UNDER THE TELESCOPE. WORD ON THE CHAIN, THEY'RE GIVING OFF FTX VIBES.. PSA: NOT YOUR KEYS, NOT YOUR. CRYPTO!!!! Hopefully BINANCE LAW-TEAM IS ON OJ SIMPSON LEVEL...
I hate to interrupt a perfectly nice Monero party here, but THIS LAW HAS NOT BEEN PASSED. It hasn't even been debated. It's a PROPOSAL from the anti-AML Council. It's basically the Council saying, yes, we have agreed amongst ourselves that this is what we think we should do--but that's totally separate from actually writing it into a law that's accepted and passed by parliament, which is a lot more complicated. Maybe it'll happen; maybe it won't. Maybe it'll be amended; maybe it won't. Either way, IT HASN'T HAPPENED YET so it's pure clickbait to speak about it as if it has.
Man. They guy is just asking to go to jail. There is a reason why they tell you to shut the fuck up because anything you say can and WILL BE USED AGAINST YOU IN A COURT OF LAW. This guys found himself in a hole and brought out the best digger money can buy and just kept going. Can’t wait to see him in an orange jumpsuit.
The democrats and the deep state control FBI and DOJ so they are ABOVE the LAW. They own the law.
I'm not sure how many of you "get" what just happened: They swindled a bunch of people, outright conned and ripped us off. I lost a bit of Bitcoin on BlockFi. Hoping to get a fraction of it back in the bankruptcy but not counting on it. So what happened and what are the karmic and financial consequences? Back when they threw Ross in the bottomless pit and stole and dumped all his Bitcoin -- which was a heck of a lot -- it was, sort of, fair play. He had, in fact, broken the law. There was no karmic consequence. They really thought that by auctioning off that BTC at $10 per, they'd kill the thing. You see, even way back when in 2011, they realized that they were racing an existential threat. Well, that didn't quite work out for them. We ran up to $1000 24 months later. Then they killed Mt. Gox and a bunch of people lost a bunch of Bitcoin. We skitttered around $300-400 for a couple years then blasted off to an astounding $20,000. At which point they brought in the big guns, the CFTC and CBOE trading "Bitcoin" in a fake paper environment in which no actual Bitcoin changed hands. It succeeded for a while, driving the price down to an incredible "discount" of $3400. Well, that didn't work out for them too well either. We ran up to $50,000 shortly thereafter. So what did they do? Seeing that the spot market for real, actual Bitcoin was their problem, they set up all manner of "staking" scams where you could put your Bitcoin up for rent and earn a whopping 10% (or whatever) interest. They would borrow it, dump it, and never repay it. And that's where they REALLY fucked up. That's where they violated the Natural Law of Karma and committed fraud. If you thought the run up from $20 to $1000 after the evil persecution of Ross was a big deal, if you thought the run up from $1000 to $20,000 or the run up from $20,000 to $50,000 were big deals, well, you ain't seen nothin'. In their desperation, they violated the LAW right out in the open this time. Five years from now, Bitcoin will just be money. We won't be measuring its value in terms of worthless scamcoin fiat currency. There will be two classes of people: coiners and no-coiners. We gave them every opportunity to lay down their king and surrender, and they insisted on amplifying their own incompetence. Keep calm and stack sats, as always. The future belongs to us.
The Tragedy of the Commons. Not just evil people crapping all over the public lawn, it's THE LAW!
mor·a·to·ri·um /ˌmôrəˈtôrēəm/ noun a temporary prohibition of an activity. "an indefinite moratorium on the use of drift nets" Similar: embargo ban prohibition suspension postponement stay stoppage halt freeze standstill respite hiatus delay deferment deferral adjournment LAW a legal authorization to debtors to postpone payment. "the debt was to be subject to a five-year moratorium"
"*When Plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it, and a moral code that glorifies it.*" \-Frederic Bastiat / THE LAW If plunder is the problem, then preventing plunder is the solution. Seem like P2P self-custodied Bitcoin fits well into that framework.
Question is, is the US LAW applicable in the Bahamas?
Yey , i lost all my money by not being able to transfer out , but haackers can take my fictional numbers and DO transfer out .. how stupid is this , i tought CODE IS LAW?!
If THE LAW couldn't plunder the individuals liberty and property, IT WOULDN'T MATTER WHO WAS PRESIDENT, or congressperson. Elections would be irrelevant if all THE LAW could do was ensure the individuals natural rights. The angry and politically divisive act of voting would no longer cause conflict in society. Let that sink in.
By the PROTOCOL! It’s the LAW *judgeDreadImpersonification
Private companies are not the government. Private companies are not creating laws. The rules private companies make can not violate the constitution as the constitution is a foundation document for the creation of LAW rather than private company policy.
Sand you propose not paying into SS, which comes out of your w2 paycheck before you ever see it, BY LAW, how, exactly?
Well in some parts or this space we still live by CODE = LAW
The higher the prediction, the better the credentials of the analyst. THAT IS THE LAW!
Objectively and factually that is how it works. The SEC makes a complaint, acquires evidence, then takes it to the court of LAW where the court decides. The SEC doesn't decide shit
“I AM THE LAW” -Powell probably
Did he atleast yell "I AM THE LAW"?
Top 1% scamming and committing crimes SEC: I sleep Normal scumbag tries the same thing SEC: STOP IN THE NAME OF THE LAW, YOU ARE UNDER ARREST.
How about FRACKING?!? We can frack while letting methane gas be vented into the atmosphere, and be EXCLUDED BY LAW from using that methane to mine Bitcoin. Uhh... wtf?!?
So.... you didn't actually look any of this up... ​ Like it is easy to look this stuff up. It's like the anti soliciting laws/anti panhandling laws. The agency, city, or event state can say one thing. But there is plenty of case studies to show this is against the constitution. Same with this, there is plenty of cases showing how complex the tax system is. Not knowing is actually a legal defense. In fact, the tax system is so complex that in the past several laws counter each other so NO MATTER WHAT YOU WOULD BE BREAKING SOME TAX LAW. And it has gotten so out of hand even the IRS flat out admits they can't keep up with all the changes and they make mistakes all the time. Between this and the massive numbers of people offing themselves directly due to the IRS and tax system and the bad PR that came with that. There is a reason why the IRS has gotten a hell lot nicer and they try to work with people now to some degree.
Free to get scammed with no recourse? CODE IS LAW
I would like to point out that on #2: HAWKISH FED POLICY "How many more fake out bounces will it take for some people to get the picture" To which I respond: A bounce in a chart, is just a bounce. What if all those technical analysis tea reading mother fuckers just read their fucking stock tarot ***from their stock mounds*** and they all buy at once because these people by numbers all draw their ***own fucking tarots cards on the same day*** at the same time? (BY THE LAW OF LARGE NUMBERS) ***and so they all see the same fucking thing on the same fucking on the same fucking day?*** And then they turn and say to you. ***NOT AVERAGE!*** ***You must work harder.*** But the truth is you're just working harder for them. That's all it is, that's all it ever has been **"There are more for sure, but these are the most pressing currently, all you smug fools thinking you're some high stakes gambler are so far off the mark it borders on comedy, but I take no pleasure in innocent people losing money, even the smug ones."** O'RLY?
➡️ [My Response](https://www.reddit.com/r/Bitcoin/comments/wwb426/comment/ilkpd3j/?utm_source=share&utm_medium=web2x&context=3) in other Post 👇 ​ >**Bitcoin** is **Hard Money**, that is, it's **Good Money**👌 What happens is that when there is **Bad Money** (*FIAT Money*) the **Good Money** is for **Hold it** (*BTC as savings*) and the **Bad Money** is for **Spent it**. ☝**GRESHAM LAW**☝ When **Bad Money** becomes **obsolete** and **dies**, **Good Money** kicks in (*Read History!*) **Gold** has been **Good Money** for millennia, now it's **Bitcoin turn**. **Bitcoin** is a **Perfect Version** of **Hard Money**, compared to **Gold**. But for Really Understand what I saying here☝ And for Understand 'What is the Value of Bitcoin'. You actually needs to Understand the **Current Monetary System** (*FIAT Money*). **How it Works and his History👌 Its IMPORTANT, without a good understanding of the Current Monetary System, it will be very difficult for you to understand what Bitcoin provides (*****Value*****)** ➡️ [My Post of: How FIAT Money Became Worthless👨🏫](https://www.reddit.com/r/Bitcoin/comments/wlncb3/end_of_the_road_how_fiat_money_became_worthless/) Look it! Cya👋
u/Ok-Disaster-2920 **Bitcoin** is **Hard Money**, that is, it's **Good Money👌** What happens is that when there is **Bad Money** (*FIAT Money)* the **Good Money** is for **Hold it** (*BTC as savings*) and the **Bad Money** is for **Spent it.** **☝GRESHAM LAW☝** When **Bad Money** becomes **obsolete** and **dies**, **Good Money** kicks in (*Read History!*) **Gold** has been **Good Money** for millennia, now it's **Bitcoin** turn. [Bitcoin is a Perfect Version of Hard Money, compared to Gold. Look my Post.](https://www.reddit.com/r/Bitcoin/comments/wlncb3/end_of_the_road_how_fiat_money_became_worthless/)
The 2 are incredibly different friend. JP Morgan shut him down because they wanted to. He was forced to do this because of sanctions. You know, THE LAW. There’s no law against buying crypto. JP did it out of spite. He did it because he doesn’t want to go to jail. Big difference.
scammers gonna scam.. but CODE IS LAW.
>I hadn't heard that fact about 3d printed guns A few years back a few political figures legit wanted 3D printer makers to put something in the code for it to tell if someone is printing a gun. It isn't possible, and most use open source even if it was. Like they spent 0 time looking into how a 3D printer works or EVEN THE LAW THAT SAYS YOU CAN MAKE YOUR OWN GUN. It isn't shocking for law makers, but I'm disappointed the media backed them. ​ Anyways, 3D printed guns are dangerous for the one firing it. And at best they are only good for 1 shot. I'm not a gun person so I don't know all the ends and outs beyond that. But from my understanding political powers are still fighting it and want to at least somehow ban private people from making gun parts for their gun. Like people are making parts from a 3D printer. Parts that don't take a lot of abuse. And political figures aren't happy about that. My best guess is it's actually the gun companies that aren't happy about it and it is normal corruption.
Butt yOu HaVe tO rEmEmBeR, CoDe iS LAW.
This is not how it works. L2 is only good for small transactions, for example, it is excellent as streaming value when watching a video per second for example. L2 should not be used for large amounts because to is not as secure as L1. I used L1 and L2 regularly,. When I have a substantial amount in LAW which makes me feel uncomfortable, I send it to L1 for secure offline keeping.
Dude. No one cares about your intention. In smart contact, code is THE LAW. If something was not your intention, don't put it in the code. And if you can't write a code that doesn't have bugs and unintentional usecase, don't play with smart contact. You're not competent enough to write smart contracts. You don't get to claim ambiguity in intentions in smart contracts because there is no judge, the code is the law.
All this is going way to far !!! It’s so gross in my conscience and eyes!!!!!!! WHEN THE LAW BREAKS THE LAW THERE IS NO DAMN LAW !!!!!!!!!!!! I can’t stand US ANY MORE …. AND WHEN MY COUNTRY GOES AND SHAKES ALL THE BEAUTIFUL Flourishing trees it destroys all the other countries around the globe is disgusting and I’m sorry
CODE IS LAW. Unless we loose money. Then we do not like the idea as much.
point 1. Using tradtional banks is a start. Once people start using crypto in large numbers then they will use crypto wallets directly. in early days of crypto, banks refused to deal with crypto parties and exchanges, now they dont. transaction time and cost of crypto is lot smaller compared to traditional bank transfer fees. You are confused about banks, exchanges and wallets. Govt wont refund your money if bank goes belly upo, they created some laws, according to which banks has to keep some money reserved at central bank and the deposits must be insured. Its a LAW. so that law helps its customers. Its a bank guarantee not govt. ​ govt banks and stock&Commodity Exchanges - are heavily audited by govt and rating agencies crypto-exchanges - no govt audits, its a free money for exchanges. Collect the trading fees - They have incentive to preserve their trust. Very dangerous for commom man. ​ Problem is crypto boomed like tech stocks did in 1990s. same case, only few ulitities and massive hype. Probably some gem like amazon will come out from this crisis. Fair crypto distribution is the problem too.
>CELSIUS HIRES LAW FIRM FOR RESTRUCTURING OPTIONS: DJ Bankruptcy, here we come.
Your opinion means very little when there is an official timeline now set. The case will be concluded at very latest by Spring 2023, likely before Christmas. Appeals are a non-factor as whatever is decided at the end of the case is THE LAW unless an appeal later overrules it.
He is right, bitcoin is shitty and a waste of power. Stupid maxis destroying it and their archaic view of CODE IS LAW lol. Morons are getting left in the dust. Long live ETH!
Yeah don't sell once the market dips. If you have a hope of recovering the value of the coin, wait for it to come back up. The least risky option will be to pair against a stable coin or at least against LAW like ETH or BNB. They usually are more easier to manage.
> I was able to send money DIRECTLY INTO MY MOTHER-IN-LAW's BANK ACCOUNT for $4 and it took minutes $4 and taking minutes is far less efficient than $.01 (it can be even lower) and being instant.. it may not seem like much but that is a MASSIVE difference at scale. > She did not have to do ANYTHING besides check on her bank app that the money arrived She didn't have to do anything except download the banking app the first time she used it.. same as with Lightning Network (you can use Muun Wallet or Strike or whatever you prefer). If you are trying to argue that downloading an app is prohibitive then I think you are being disingenuous. If I gave you $4 right now to download an app you would do it. At least the vast majority of people would. > How can I go from $400 in my bank account and in a few minutes it turns into 9.2 Million VND in my mother-in-law's bank. This particular transaction could be done with Strike. Although in a couple years every bank will offer it because Lightning Network is way more efficient. You just won't know they are using Lightning because the banks will be using it under the hood. >Oh, and please don't say "use Stripe" because that is not Bitcoin. That is Stripe. I don't want some custodial crap. I assume you are talking about Strike but you are already using "custodial crap" because you are using a bank. What's the difference in using Strike vs another custodian? The only real difference is you save $3.99 for your mother-in-law and she gets it instantaneously as opposed to not getting the $3.99 and having to wait several minutes...
Okay than educate me. I was able to send money DIRECTLY INTO MY MOTHER-IN-LAW's BANK ACCOUNT for $4 and it took minutes. She did not have to do ANYTHING besides check on her bank app that the money arrived or not. I didn't have to install any new apps myself, nor did my mother-in-law. How could I have done this cheaper with Bitcoin? How can I go from $400 in my bank account and in a few minutes it turns into 9,1 Million VND in my mother-in-law's bank. Give me instructions. Thanks.
The LAW says you must report your income - net gain or loss. The regulations say that you must list ever single transaction. The LAW outranks the regulation. If the regulation can't be done, FOLLOW THE LAW. So yeah, you can avoid posting 50,000 transactions in your tax return.
Yes, you can. Like the women being burned for dropping hot coffee on herself and winning huge agaisnt Mickey D’s! Comical? Maybe? But that’s the LAW, nonetheless, if you don’t like it, run for congress and change it! Your feelings don’t trump the law.
My guy, they are literally BREAKING THE LAW