Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Flobee
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Maybe I'm just dense, what is the play being made here? US Gov is trading BTC for Tether? Only place I'm getting with this information is gee, thats weird. What am I missing?
Sanrith Descartes
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The play is this shit is all a grift. I wish it wasn't, but it is.
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Flobee
Vyemm Raider
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Lol.
cointelegraph.com
Breaking: Judge rules XRP is not a security in SEC's case against Ripple
The SEC's case against Ripple has resulted in summary judgement in favor of Ripple Labs stating that XRP is not a security.
cointelegraph.com
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Flobee
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Also of note, Mashinsky of Celsius, first of the scammers from last cycle is going to jail. SBF and Do Kwon still pending
www.reuters.com
Founder of crypto lender Celsius Network pleads not guilty to fraud charges
Alex Mashinsky, founder and former CEO of bankrupt cryptocurrency lender Celsius Network, pleaded not guilty Thursday to U.S. fraud charges that he misled customers and artificially inflated the value of his company's propriety crypto token.
Tredge
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This game is offering crypto currency to kill zombies.
Looks like it is built on Etherium.
www.undeadblocks.com
Looks like it is built on Etherium.
Undead Blocks
Undead Blocks is the world's first multiplayer kill-to-earn zombie survival game on The Ethereum Network.
www.undeadblocks.com
Sanrith Descartes
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I would have said Gemini, but they got caught up in some other crypto company's shenanigans and I haven't followed it to see if they had any blame in it or not.
Rangoth
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Binance.US also is struggling to find a banking partner(meaning you can trade but cant get USD in or out without some creative routing).
No matter what you think of crypto or how much you believe it is a way around shitty government monetary practices, this is all a perfect example of how the government can completely shut it down without actually attacking crypto itself.
No matter what you think of crypto or how much you believe it is a way around shitty government monetary practices, this is all a perfect example of how the government can completely shut it down without actually attacking crypto itself.
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Burns
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Kraken? They were even in talks to buy a bank in the US, a few years ago, to make transferring money easier. Not sure what became of it.
Flobee
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If you -just- want BTC I would suggest going with a Bitcoin only company. Thats going to keep you out of any issues that altcoin legislation could create.
Strike or Cashapp are both good options. If you're looking for a more technical platform (supports multi-sig, DCA to cold storage etc) consider something like Swan or River.
ShakyJake
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Flobee
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Sanrith Descartes
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Trying to eliminate an audit trail for your Pornhub subscription?
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Yeah, this is still the biggest hurdle I run into. Effective and easy fiat on/off ramps. Until that's in play it will be a severe limiter to things involving crypto becoming anything serious in terms of a cash alternative.
Flobee
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So I find this interesting, not because I think he'll win or even that he'd be able to do it if he did win, but because its a clear sign of the shifting narrative around Bitcoin and the USD + other national currencies.
Bitcoin has become a voting bloc
Bitcoin has become a voting bloc
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Mist
REEEEeyore
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Yes, it's a clear sign that crypto is associated with people who think there's jewish 5g chips in the vaccines. This is not the endorsement you want.
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I think it's more that some people are starting to realize that at some point the "your money is based on nothing besides you saying your money is valuable" rooster will come home to roost. Now his idea of backing USD with BTC has so many issues as to be preposterous, even to those of us who believe that cryptocurrency should be the way to go. Also, as much as I believe in Crypto, I also believe that so long as the governments need to use financial leverage and manipulation to maintain power and have become addicted to fiat currency systems they will NEVER allow an actual backed currency of any flavor to become the dominant currency. As that would then mean they would have to spend "within their means" and couldn't print money at will.
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Burns
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It's always a bit of a surprise of how many people still think the Dollar is backed by gold or silver due to growing up knowing "Fort Knox is full of gold."
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