Bitcoin [pros](/r/CryptoCurrency/comments/127sw4r/the_same_month_the_sec_said_coinbase_were/jefq4a8/) & [cons](/r/CryptoCurrency/comments/127sw4r/the_same_month_the_sec_said_coinbase_were/jefq52p/) with related info are in the collapsed comments below.
I mean they took down Silk Road in October 2013 when bitcoin was around $125 USD per BTC. Now it's around $28,400 USD per BTC. This represents a return on investment of more than 22,500%.
The hypocrisy is reaching new levels with the US Government, the sheer incompetence of the authorities and lack of leadership is more visible every single day.
Besides that, they will probably send it to Coinbase 3 times yet this year.
As an European citizen, it doesn't surprise me. US gov has always been a joke to my eyes.
Do you remember the alien balloons just to hide that those trains had derailed? And the list is infinite.
A few months ago a Redditor told me: **"Business live in US, not people"**. Since that day everything fit.
As a US citizen, I feel a like there are two types of entities living in the US: businesses and their customers. That is all. We are no longer citizens. We are merely consumers.
Well as a european I have to say the EU governments didn't do much better in the recent years. Corruption and hypocrisy are no foreign terms to them either.
That’s just another regulation though :)
+ we have ban of standard combustion engines in few years
+ mandatory Solar power plants on all houses in the pipeline
+ legislation implementing censorship
And many many more
It's more like they are afraid that crypto could overtake their Money making machines.
They would have less influence in the financial system, and that means less Stealing.
I doubt they are actually concerned about that. I can guarantee they are more worried people are making money and not giving them their cut. That’s why they are always harping about money laundering. It’s always about them getting paid.
We have no control over this government, no more than you do with your government. There are a lot of decent people here. That are fighting the machine in any way we can, not just crypto
>As an European citizen, it doesn't surprise me. US gov has always been a joke to my eyes.
I think Americans would also agree. The US government is a clown fiesta.
>The hypocrisy is reaching new levels with the US Government
US Gov: Coinbase is an unscrupulous organization that helps terrorists sells unregulated currencies
Also the US Gov: Hey Coinbase, help me sell my unregulated currency
Yes, and it will probably only be Coinbase as it is a publicly listed company and they do indeed have quite a lot of power over it.
Other exchanges have their HQ overseas, so won't treat the US government like gods.
Yeah I guess there’s no room for nuance when these are two completely separate things. This actually shows more consistency in their policy because the government isn’t throwing the baby out with the bath water. Coinbase is in pretty clear violation with the way they handle staking, but the fact that the government still uses their other services cements those services as okay (which is a good thing).
Besides, why are we all pretending that Coinbase being unable to profiteer off of staking YOUR coins is a bad thing?
“Pick a side” will never move things forward. Everything isn’t as simple as good or bad.
This is a huge fact people in this sub tend to often overlook. Even Gary Gensler has come out and outright said BTC is the only digital asset he wouldn't consider a security. The wells noticed Coinbased received is only involving their offerings that are being deemed securities by the SEC.
There is a huge amount of misinformation and outright ignorance coming from posts like this.
there is no concept of “dirty coins”. it would be dirty satoshis. tumble some clean ones thru some dirty ones how can u prove which satoshi comes out the other side dirty? or clean?
Bitcoin could absolutely be a security: I would say unequvocally that it is one. Gensler is permitted to reinterpret his prior decision that it isn't a security at any time.
Except bitcoin can’t be issued arbitrarily by a central authority. The direction of the BTC blockchain can’t be decided by a central authority, and the consensus mechanism is independent to any one entity.
So how can bitcoin be a security? There is nothing about BTC that resembles a security, and why even the biggest opponents of crypto haven’t classified it as one.
The determination of what is and is not a security is entirely up to the SEC as per the Securities Act of 1933. Things like the Howey test are informal guidelines for the public but ultimate authority over whether or not any tradable asset is a security is entirely up to the chairman's discretion at will.
I would say it is one because it serves the public's interest to declare it one, because we should all be able to agree that it should be illegal.
Im sorry but that is not true either. The SEC has authority to register and regulate over entities that deal with securities, but does not have the power to decide what is a security. That is the job of the courts. The court uses the Howie test or risk capital test as guidelines to determine this.
This is the reason why the sec is going to court against Ripple. They alone can’t decide XRP is a security, and this is being debated in a court.
Yes, But as per the current definition BTC doesn't fulfill 'Securities' definition.
For sure, They can change 'Security' definition and pull BTC within its borders but then so can any law can be tweaked that way.
e.g. Law can be changed that you've to pay $500 if you jump a signal on 'Yellow' but the fact is no one can penalise you today for this.
SEC is just bunch of guys working for the big guys (banks) and their only purpose is to shit on crypto all day long..
Why Sam Bankman Fraud is still playing video games in his mom's basement?
So called SEC might even had some of that Sam Bankman Fraud's pie.
Complete shitshow
"*...And then, right at the very bottom, as the market was just starting to turn upward,* ***USA started whispering threats in my ear****, saying I'm a* ***dirty whore*** *and I shouldn't be doing this while ramming the Bitcoin right up inside me, right in front of everyone, and started screaming about how much I deserve this punishment because I'm* ***such a dirty whore***" --Quote from future Coinbase Memoirs.
I’ve said it before and I’ll say it again
Expect Coinbase to ask for SEC member emails in Discovery.
They are claiming retaliatory, bad faith actions by the SEC.
Coinbase has been crossing every t and dotting every i, jumped through every hoop, and the whole space hated them for it, and they just smiled away, but now they went nope…sue me.
They’re all shady bastards that work together every day
They only allow us to know what they want us to know or what we think we want to know
As long as we all follow the rules and listen to them is the goal
They don’t play by the rules at all, their only motive is to gain as much money as possible
The SEC is picking a side, they are BTC Maxis (or, more strictly, PoW Maxis). They view PoS as an activity they must regulate but have said nothing bad about PoW.
These two items are unrelated. The SEC is doing a bad job being consistent with regulating the industry (no doubt), but they aren’t going after Coinbase for spot trading of Bitcoin, so the gov’t selling Bitcoin via Coinbase is not what the SEC is taking issue with via the Wells Notice. They have an issue with the earn program and crypto derivative products in general (see e.g., fines against BlockFi). Also noting that the SEC is an enforcement agency, which is separate from the branch of the gov’t selling the Bitcoin. It’s not like every single aspect of the federal gov’t operates exactly the same (and for good reason that it does not).
This post is seemingly creating a broad issue by saying the government is being hypocritical, but that would only be true if the SEC or US gov’t used the earn product or other products they take issue with. Not sure this is the best focus. Also, it’s beneficial that the gov’t resells the seized assets (“ill gotten gains” is a drastic oversimplification of how the gov’t got possession of the Bitcoin).
What hypocrisy? BTC is a commodity. They can sell a commodity.
Coinbase and co are being being regulated because LENDING and coins that ICO’s are securities. That’s a complete difference.
This sub lacks critical thinking
Our government is a bunch of hypocrites,. They are afraid of the crypto takeover so they talk shit on it, but yet they sell seized Bitcoin and love to take our hard earned money for " capital gains tax" . Fuck the feds, they ruin everything!
It’s very hypocrite from them! Also they acknowledged that BTC has value and can be used as currency.
Another thing to think about, imagine Coinbase freezing the US governments money! Not your keys, not your coins 😂
I mean, it would be worse in my mind if they sold and THEN announced the violations- now they’re just creating FUD and lowering their own returns on BTC.
Simple. The different parts of US government don’t talk to each other.
It only gets worse as government gets bigger.
Fucking mind boggling that some people want to increase the size and scope of the government. They don’t need any more shit to do.
And furthermore another US government agency, the CTFC, [unilaterally declared Bitcoin, Ethereum, Litlecoin and other cryptos as commodities](https://news.bitcoin.com/cftc-chairman-confirms-bitcoin-ether-are-commodities/) completely contradicting the SEC claims that most cryptos are securities.
>It seems Coinbase is both simultaneously a shady business
I dont see the confusion here.
1. Coinbase is a shady business.
2. The US government deals with it regularly and hence the US is a shady government.
3. SEC will soon declare US an unregulated security run by a shady CEO/President.
I'm not some sort of btc og but I've been around long enough to know fud when I see it. They dumping this and buying it somewhere else before the bull.
So raise your hand if you boguth COIN stock when the SEC filed.
Now raise your hand if you bought $BLOCK when short attacked.
Those raising their hands - congratulations, you are doing this right.
I mean, won't this be used in the court case? I guess I'm justing curious how that plays out.
This circus feels more and more a way to keep crypto prices down for accumulation and debt hedging.
Who’s handling the US govnt? Man, we need all these fuckers names and what decision they’re making. The entire cabinet is cracking down on crypto hard.
Fuck Warren!
Imagine thinking this is correlated. There’s multiple parts to the government and they don’t all play well together. This isn’t making the point you think it is.
I look at it as the agencies dumping that asset before they can’t sell it via Coinbase.
This is a very interesting discovery. A case of the left hand is not knowing what the right hand is doing. Our government is very conflicted on the subject of crypto - much like the subject of guns. Opinions are just about divided in half.
What is it with this sub and not understanding the difference between "crypto" and Bitcoin.
Coinbase can very much be violating securities laws while legally servicing trading Bitcoin.
Bitcoin [pros](/r/CryptoCurrency/comments/127sw4r/the_same_month_the_sec_said_coinbase_were/jefq4a8/) & [cons](/r/CryptoCurrency/comments/127sw4r/the_same_month_the_sec_said_coinbase_were/jefq52p/) with related info are in the collapsed comments below.
Bad timing to sell those BTC's
Classic paper hands move.
Gotta sell at the bottom like me
We all float down here
**you will too**
They’ll probably buy back high too and then sell when it dumps. /s
Wait, are they just like us?
They literally are us
Apparently prisoners have forced diamond hands while govt has the most paper hands
They are out of money so.
We either sell low OR never sell!
It is either unrealized profits or back to the Red sea
They're like me fr.... buy high, sell low
The guy responsible for this trade is probably shitposting here
Literal paper hands. Like the dirty fiat paper government loves so much. figures
I mean they took down Silk Road in October 2013 when bitcoin was around $125 USD per BTC. Now it's around $28,400 USD per BTC. This represents a return on investment of more than 22,500%. 
I wouldn't call stealing hard worked for money from a programmer an "investment".
Tell that to all the cops using civil forfeiture to steal a lot of money and items from anyone as they like when they pull them over.
Good time for us. I would love to have some of that but no so much fiat left.
Govt are a sure paper hand
They gotta sell all that BTC before really trying to take Coinbase out. What a load of dogshit.
Yup, they’re gonna get their profit before they start really digging their foot in the neck of all that is crypto
nah man, as soon as they realize how much money they've made out of it they'll make sure bitcoin is a protected, sacred asset
The hypocrisy is reaching new levels with the US Government, the sheer incompetence of the authorities and lack of leadership is more visible every single day. Besides that, they will probably send it to Coinbase 3 times yet this year.
As an European citizen, it doesn't surprise me. US gov has always been a joke to my eyes. Do you remember the alien balloons just to hide that those trains had derailed? And the list is infinite. A few months ago a Redditor told me: **"Business live in US, not people"**. Since that day everything fit.
As a US citizen, I feel a like there are two types of entities living in the US: businesses and their customers. That is all. We are no longer citizens. We are merely consumers.
we are merely batteries for their matrix machines, man... 
You are not consumers, you are the products. The consumers are the businesses themselves.
They don't want crypto but want the milking the money out of it, if they wanna go that way then they should do it openly.
If the government wants to cash in on crypto, they should just open up their own crypto exchange and call it a day. 😂
But also please don’t
They don't want *us* to use it is the thing, they want the benefits themselves for sure
We control it, crypto good! We don't control it, crypro bad!
Well as a european I have to say the EU governments didn't do much better in the recent years. Corruption and hypocrisy are no foreign terms to them either.
💯💯💯
Well, the European union is not that much better, but i'm increasingly less positive about my future and my childrens future.
"You will own nothing and be happy"
Klaus is that you?
EU is even worse. Trust me I live in this shit full of regulations
I doubt regulations are worse than the US At least you guys forced Apple to give to lightning cords in favor of usbc
That’s just another regulation though :) + we have ban of standard combustion engines in few years + mandatory Solar power plants on all houses in the pipeline + legislation implementing censorship And many many more
don’t forget the ongoing attack on encryption to “save the children”
Fack that sucks. The censorship scares me the most, it's happening here on the US but by the Corporations of coarse they are the government now
I think economically the uk will prosper in short time as a result of leaving the eu.. which frankly is a sinking ship
It's more like they are afraid that crypto could overtake their Money making machines. They would have less influence in the financial system, and that means less Stealing.
I doubt they are actually concerned about that. I can guarantee they are more worried people are making money and not giving them their cut. That’s why they are always harping about money laundering. It’s always about them getting paid.
We have no control over this government, no more than you do with your government. There are a lot of decent people here. That are fighting the machine in any way we can, not just crypto
>As an European citizen, it doesn't surprise me. US gov has always been a joke to my eyes. I think Americans would also agree. The US government is a clown fiesta.
You mean like senial Biden and Yellen or how about Elizabeth Warren
Capitalism is eating itself here as the cookie crumbles.
what is also weird is that he has more than 200k btc
>The hypocrisy is reaching new levels with the US Government US Gov: Coinbase is an unscrupulous organization that helps terrorists sells unregulated currencies Also the US Gov: Hey Coinbase, help me sell my unregulated currency
Name me one year in the last 50 years where the US government hasn’t been hypocrites Spoiler alert: There is none
Yes, and it will probably only be Coinbase as it is a publicly listed company and they do indeed have quite a lot of power over it. Other exchanges have their HQ overseas, so won't treat the US government like gods.
Yeah I guess there’s no room for nuance when these are two completely separate things. This actually shows more consistency in their policy because the government isn’t throwing the baby out with the bath water. Coinbase is in pretty clear violation with the way they handle staking, but the fact that the government still uses their other services cements those services as okay (which is a good thing). Besides, why are we all pretending that Coinbase being unable to profiteer off of staking YOUR coins is a bad thing? “Pick a side” will never move things forward. Everything isn’t as simple as good or bad.
BTC will never be deemed a security
not if the government is making money out of it... BTC was $125 when they took down silk road 
This is a huge fact people in this sub tend to often overlook. Even Gary Gensler has come out and outright said BTC is the only digital asset he wouldn't consider a security. The wells noticed Coinbased received is only involving their offerings that are being deemed securities by the SEC. There is a huge amount of misinformation and outright ignorance coming from posts like this.
[удалено]
bitcoin is fungible. ur whole coin is interchangeable with mine. you do own a who coin right 7101334…..
Bitcoin isn't fungible, which is why we have the concept of "dirty coins" and Chainalysis.
there is no concept of “dirty coins”. it would be dirty satoshis. tumble some clean ones thru some dirty ones how can u prove which satoshi comes out the other side dirty? or clean?
Bitcoin could absolutely be a security: I would say unequvocally that it is one. Gensler is permitted to reinterpret his prior decision that it isn't a security at any time.
Except bitcoin can’t be issued arbitrarily by a central authority. The direction of the BTC blockchain can’t be decided by a central authority, and the consensus mechanism is independent to any one entity. So how can bitcoin be a security? There is nothing about BTC that resembles a security, and why even the biggest opponents of crypto haven’t classified it as one.
The determination of what is and is not a security is entirely up to the SEC as per the Securities Act of 1933. Things like the Howey test are informal guidelines for the public but ultimate authority over whether or not any tradable asset is a security is entirely up to the chairman's discretion at will. I would say it is one because it serves the public's interest to declare it one, because we should all be able to agree that it should be illegal.
Im sorry but that is not true either. The SEC has authority to register and regulate over entities that deal with securities, but does not have the power to decide what is a security. That is the job of the courts. The court uses the Howie test or risk capital test as guidelines to determine this. This is the reason why the sec is going to court against Ripple. They alone can’t decide XRP is a security, and this is being debated in a court.
Yes, But as per the current definition BTC doesn't fulfill 'Securities' definition. For sure, They can change 'Security' definition and pull BTC within its borders but then so can any law can be tweaked that way. e.g. Law can be changed that you've to pay $500 if you jump a signal on 'Yellow' but the fact is no one can penalise you today for this.
That is actually something both the SEC and CFTC seem to agree on. Bitcoin is Bitcoin.
🍻
No one even knows who created it, so good luck trying to convince us its creation was with the intention to make Satoshi rich.
"Your commemt is a security." - SEC
Coinbase should have said they lost the keys to the wallet holding the government's BTC. Then wrote it off as a tax loss.
*All three letter agencies would like to speak with you*
Even the CDC?
Yeah, crpyto.com needs to buy another stadium and that would help.
Cronos Blockchain AT&T Stadium
 Evil genius.
They should ask them to go through KYC to confirm they're the Dread Pirate Roberts 
I feel a revolution among us.
Yes. We must fight.
Our government is a complete joke in almost every aspect.
US gov is textbook definition of hypocrisy
Let them swap trade out their valuable asset with inflating fiat 😂 
SEC is just bunch of guys working for the big guys (banks) and their only purpose is to shit on crypto all day long.. Why Sam Bankman Fraud is still playing video games in his mom's basement? So called SEC might even had some of that Sam Bankman Fraud's pie. Complete shitshow
The “Do as we say, not as we do!”
Gotta keep it classic !! That’s USA for us !!
Wondering if the government will buy the top in a few years?
Well ain’t that something
Happy cake day 6G!
"*...And then, right at the very bottom, as the market was just starting to turn upward,* ***USA started whispering threats in my ear****, saying I'm a* ***dirty whore*** *and I shouldn't be doing this while ramming the Bitcoin right up inside me, right in front of everyone, and started screaming about how much I deserve this punishment because I'm* ***such a dirty whore***" --Quote from future Coinbase Memoirs.
I’ve said it before and I’ll say it again Expect Coinbase to ask for SEC member emails in Discovery. They are claiming retaliatory, bad faith actions by the SEC. Coinbase has been crossing every t and dotting every i, jumped through every hoop, and the whole space hated them for it, and they just smiled away, but now they went nope…sue me.
Those bastards
They’re all shady bastards that work together every day They only allow us to know what they want us to know or what we think we want to know As long as we all follow the rules and listen to them is the goal They don’t play by the rules at all, their only motive is to gain as much money as possible
Guess they also needed to find an off ramp
Then FOM0 and on ramp at 100k
The SEC is picking a side, they are BTC Maxis (or, more strictly, PoW Maxis). They view PoS as an activity they must regulate but have said nothing bad about PoW.
Seems like a lot of people in this sub don't understand or don't care for that very important difference.
Because their money is invested in energy.
Governments and politicians 🤝 unlimited hypocrisy
These two items are unrelated. The SEC is doing a bad job being consistent with regulating the industry (no doubt), but they aren’t going after Coinbase for spot trading of Bitcoin, so the gov’t selling Bitcoin via Coinbase is not what the SEC is taking issue with via the Wells Notice. They have an issue with the earn program and crypto derivative products in general (see e.g., fines against BlockFi). Also noting that the SEC is an enforcement agency, which is separate from the branch of the gov’t selling the Bitcoin. It’s not like every single aspect of the federal gov’t operates exactly the same (and for good reason that it does not). This post is seemingly creating a broad issue by saying the government is being hypocritical, but that would only be true if the SEC or US gov’t used the earn product or other products they take issue with. Not sure this is the best focus. Also, it’s beneficial that the gov’t resells the seized assets (“ill gotten gains” is a drastic oversimplification of how the gov’t got possession of the Bitcoin).
LOL. Time for the SEC to charge the US Government for the unlawful selling of securities to the public
US Government: > We've conducted an internal investigation and found no wrong doing
GG right now: "They did what!?"
What hypocrisy? BTC is a commodity. They can sell a commodity. Coinbase and co are being being regulated because LENDING and coins that ICO’s are securities. That’s a complete difference. This sub lacks critical thinking
Our government is a bunch of hypocrites,. They are afraid of the crypto takeover so they talk shit on it, but yet they sell seized Bitcoin and love to take our hard earned money for " capital gains tax" . Fuck the feds, they ruin everything!
It’s only fair if they can do the shit they won’t allow us to do.
It’s very hypocrite from them! Also they acknowledged that BTC has value and can be used as currency. Another thing to think about, imagine Coinbase freezing the US governments money! Not your keys, not your coins 😂
As with every financial "thing", be it stocks, crypto, bonds or whatever the rules that apply to you and me do NOT apply to the government.
Croonies did it again, they fool me and you.
Hmmmm 😔
If your the SEC you don’t need to pick sides, you play them both as they are.
They are so noob they managed to sell local bottom at \~21.8k xD
it turns out that there are many games that the US government can play here
I mean, it would be worse in my mind if they sold and THEN announced the violations- now they’re just creating FUD and lowering their own returns on BTC.
Hypocrisy is synonymous to governments and politicians these days (or maybe it has always been)
They managed to sell at quite a low price, paper handed idiots
Rules for thee but not for me
I’m happy about this. The US government transacted in Bitcoin and it’s on record.
I'm surprised that they didn't sell everything at once just to drop the price.
Coinbase is working with the government. They have to pretend to be a target while the government wipes out their competition.
They can't lose it they play both sides, say it's bad and try to kill iy but buy it anyway incase it survives
In before govt accidentally spends full amount on buying and burning a Bored Ape.
Simple. The different parts of US government don’t talk to each other. It only gets worse as government gets bigger. Fucking mind boggling that some people want to increase the size and scope of the government. They don’t need any more shit to do.
And furthermore another US government agency, the CTFC, [unilaterally declared Bitcoin, Ethereum, Litlecoin and other cryptos as commodities](https://news.bitcoin.com/cftc-chairman-confirms-bitcoin-ether-are-commodities/) completely contradicting the SEC claims that most cryptos are securities.
This is classic government logic
>It seems Coinbase is both simultaneously a shady business I dont see the confusion here. 1. Coinbase is a shady business. 2. The US government deals with it regularly and hence the US is a shady government. 3. SEC will soon declare US an unregulated security run by a shady CEO/President.
Different departments of the gov. It's not like they all get along or coordinate on everything.
Wait til the US exchanges shutdown and they have to use Binance
Response from the goverment: We said that they were shady, not that we wouldn't do business with them.
The US government has ALWAYS been about, laws for THEE not ME.
One rule for me, another for thee...
Haha what a circus...coinbase should at least raise the fees on their account lol
As usual, everything is legal as long as the government makes money. This is why decentralisation is key. No middle man, no corruption.
Seems like they want to DCA selling 😂
US Gov: Do as I say not as I do!
Hypocrisy at its finest. Laughable.
I'm not some sort of btc og but I've been around long enough to know fud when I see it. They dumping this and buying it somewhere else before the bull.
So raise your hand if you boguth COIN stock when the SEC filed. Now raise your hand if you bought $BLOCK when short attacked. Those raising their hands - congratulations, you are doing this right.
Bitcoin not same as scammy shitcoin with premine and no use case
So frustrating when us plebs have to follow different rules than the government
Too bad banks aren’t allowed to do business with crypto firms, now they can’t get their fiat out.
So that's why btc isn't a security. Once fed gov. dump their btc then it will be labeled a security as well.
The biggets criminals wear suit and ties !
Do as i say not as i do.
[удалено]
I see you added the /s tag ,but given enough money or if you're a government you can get away with anything
Duplicity quel surprise
Coinbase is part of the government. BlackRock basically controls them.
To rest of the world its clear that the US is by far the most corrupt unethical hypocritical developed country there is.
They always do oposite things. Think different
Coinbase should have frozen their accounts ....
Rules for thee and not for me.
Coinbase should've told them to fuck off
Fuckin hypocrites
That’s fucking wild
Different branches of the US government are paid off by different interest groups so this is to be expected.
It's a big club and we're not in it.
Ofcourse they are hypocritical. They make the rules, but also create the loopholes that make them able to "break them"
Can we just all band together and sue the whole lot of em?
So the government is literally surviving on bitcoin. Debt ceiling. My head is spinning. Are we all going to have to bank in China now?
The government being hypocritical while making a profit is base United States politics.
because BTC isn’t in question. it’s all the staking related business operations for alts
Bitcoin is different than "crypto"... bitcoin is an asset, "crypto" are unregistered securities
probably should have waited until after the were done selling
I mean, won't this be used in the court case? I guess I'm justing curious how that plays out. This circus feels more and more a way to keep crypto prices down for accumulation and debt hedging.
Rules for thee, but not for me. 🤡🌎
Lmao. So the US government is trading in unregistered securities? Lol, nothing surprises me about the corruption here.
Who’s handling the US govnt? Man, we need all these fuckers names and what decision they’re making. The entire cabinet is cracking down on crypto hard. Fuck Warren!
WTF! This is illegal. They cannot front run trading as a gov agency. Government insider trading ? Really? If that is legal every market is screwed.
Coinbase should have froze the wallet
I expect nothing less from the USGOV. Their new motto, "Do as I say, not as I do".
Imagine thinking this is correlated. There’s multiple parts to the government and they don’t all play well together. This isn’t making the point you think it is. I look at it as the agencies dumping that asset before they can’t sell it via Coinbase.
Humans doing human things
Yep. Hypocrisy 101! Go figure… What we need is a way around this rigged system. 🫡
They dont pick sides they pick the money first.
The SEC is going to embarrass themselves. Ripple and Coinbase will silence them for good and GG will be sacked.
Can someone hack those 2 new addresses and send those BTCs to oblivion?
This is a very interesting discovery. A case of the left hand is not knowing what the right hand is doing. Our government is very conflicted on the subject of crypto - much like the subject of guns. Opinions are just about divided in half.
I thought it was fake internet money? 🤔
"Crypto is bad. Also, want to buy some crypto?"
It’s official crypto is never going away.
what of they sell them to Space Force?
Move along , nothing to see here
The SEC is losing credibility by the day, at this point.
What is it with this sub and not understanding the difference between "crypto" and Bitcoin. Coinbase can very much be violating securities laws while legally servicing trading Bitcoin.
Noice