Thank you for voting in the Orange Cheeto in 2016.
Thank you for voting in the Orange Cheeto in 2016
Reminder, your god emperor told his jew minion to go hard after crypto. You cant defend him.
>Stablecoins
Bitcoin unaffected
First they go after stablecoins until the only ones left are kyc based, then they have kyc'd all exchanges and all stablecoins so you cannot cashout or trade into fiat (stablecoins) to avoid creating a taxable event.
What did you think? That there's even a 0.0001% chance whatever administration is in office, they would just roll over and let bitcoin dethrone their financial and military hegemony? That's just not going to happen.
But I think that "regulation" means, that they'll issue obvious stuff like "don't trade with Iran you guys!" and "don't launder money, mmhk?" to make boomer-investors more comfortable. Maybe the government realizes, that Bitcoin is in it's nature like the internet. Would be cool to still have only 5 TV channels that can be controlled and (soft) censored easily, but that time's simply gone. Next best thing is to embrace it have at least all leading corporations in the space be American, so the intel agencies have a foot in the door. It's going to be the same with Bitcoin.
Honestly, USA needs to get nuked.
The only thing that shithole exports is niggers, trannies, marxism, war and crypto regulation.
The world would be much better without filthy mutts meddling in it.
Get fucked loser.
This post, to be honest.
MIGA!!!
TRUST THE PLAN, THANK YOU BASED ZOGNALD
UnIronically just sold everything. So many other issues by at hand but they are full throttle on this one, this won't end well for anyone buying at these levels
regulating stable coins would be good idea i agree. it's good for cryptos overall that all stablecoins are required 100% backed
The tether printing machine is what props the btc price up your brainlet
>Reminder
>then they have kyc'd all exchanges and all stablecoins
they literally cant stop uniswap or MKR
>The tether printing machine is what props the btc price up your brainlet
how fucking dumb are you, seriously. grayscale, paypal and saylor are all buying shittons of btc and you're still saying tether is propping the fucking price up? just off yourself already. retard.
This is inevitable. You really expect governments not to put up a fight? Eithier from sovereign currency being threatened or from the threat of their autists becoming non wage slaves. The government will fight for the right to take your money. They will get their hands in your pocket no matter where they sniff profit.
Mmmmm, scammer tears.
your way of thinking is extremely dated
the world is slowly starting to realize that cryptocurrencies are not just another fad, but are here to stay
they can try and tax stablecoins and other shit, but they can't stop you from buying something from Joe and paying him through the lightning network
No the government would never be so benign. Expect:
Tax on purchase of crypto
Yearly 1% tax on crypto holdings
Tax on conversion between cryptos
Tax on selling
Crypto property tax
Crypto license requirements
A law stating you must hold fiat eqaul to 4 times your crypto
Etc
Etc
They will slowly regulate to death like they do with guns.
Keep talking like that and I will have to enforce democracy upon you by mushroom stamping your foreign face to ensure that you keep towing the line.
Liberty and Justice for all you dirty muslim.
Shoo shoo kike puppet.
Shouldn't you be dropping your kid off at your state-mandated tranny story hour?
Thats true. They did stop etherdelta though by arresting/fining the person who created it even though he had already sold off the ownership of the contract.
Same as they cant stop you from doing that with cash but most people will do it online such as platforms like ebay/amazon and theyll be taxed.
there is at least a massive correlation to price whenever tether pumps. grayscale is simply bitcoin etf, they are only 30% of supply that stable coins have
>laughs in XMR and atomic swaps
This is bullish for monero.
>No the government would never be so benign
It has nothing to do with being benign. It's a matter of recognizing the situation. It's better for the government to play along and appear to still be in charge, than to try to outlaw it/defacto outlaw it and be proven to be impotent. Then the bluff is called and that's the worst outcome for the government.
Remember guys when land lines were analog, and then they made internet work on the phone lines, and now there is fiber everywhere and landlines work as a relict for boomers on VOIP on digital landlines.
This is essentially how stable coins will be adopted
Wasn't it the Dems that were introducing new legislation for stable coins? Something about how black people got scammed by banks and they keep getting scammed?
B-b-b-but he's white!
He has my BEST INTENTIONS because of this
Why would the government get rid of crypto. It's like assuming they want to get rid of the drug cartels in Mexico or money laundering and metals manipulation at JP Morgan. It's all a game to play along, the focus should be on using it to better your own personal life rather than naively believing Satoshi is going to change a corrupt world.
you don't have liberty or justice in your shithole third world country you fat retard
>You really expect governments not to put up a fight?
Yes I do expect the governments which exist to serve the people to actually serve the people. I am disappointed every single time, but I do still expect them to do it.
>oh vey
>goys make crypto trades, but muh banks don't get fees from it
>oh vey, let's regulate this!
Regulations on exchanges is needed, because they feel like gods manipulating shit out of markets. Leveraged trading is the worst, it's even worst then forex manipulation.
Btw, about what regulations they are talking?
>Yes I do expect the governments which exist to serve the people to actually serve the people. I am disappointed every single time, but I do still expect them to do it.
That may be the purpose of government, but the state monopolized governance and the state has a vastly different relationship to the governed.
See pic related (Murray N. Rothbard, Anatomy of the State. Available as a free ebook on mises.org)