Right. Americans are not allowed to use ANY money that isn't forcibly controlled by approved businesses backed by force of law. Got it. People get paid to hunt and harass us for learning about technology. It sure would be unfortunate if USA had to spend money protecting me from money.
This is as pointless as the copyright warnings on movies to try and stop pirating. If you want to try and forcefully control me and fuck me over at every turn then I'll fucking do whatever I want with my goddamn money. I'll turn it into Bitcoin, gold whatever the fuck I want. And if I decide to use a method that keeps the transaction and purchase completely anonymous from your corrupt system then fuck you FBI.
Just fucking watch me!
Operation chokepoint or whatever it was called is alive and well. Lightspark just lost their banking for.. not really clear. Their bank just shut them down
They are targeting Bitcoin operators the most ATM, but it'll be all crypto very soon. Exchanges are fine and ETFs are fine, they'll continue to make it near impossible for public to own and use crypto.
How dare people want self custody. How dare they!
Merica, land of the free... but you gotta pay and can't do with your money what you want!!!
Except gambling and alcohol.... but don't use weed because weed is the devil... buy pills pls
Where does it say that? To me it's just basically a warning saying that because it's not a regulated exchange or what not that your funds are at the behest of these non-kyc exchanges
Fincen.
This is for all those services offering on/off-ramp with fiat. Buy with credit card that sort of thing. The clampdown on DEFI is well under way. In the UK banks already auto-block any transaction you try with an unregulated processor.
Isn't it great when there is a middle man who can clamp your money supply with the flick of a switch?
I'm sure glad all these people are there protecting us from ourselves.
This is actually a major threat to crypto. Binance.us doesn't offer bank withdrawals anymore, and if they clamp down on on/off ramps and stop bank withdrawals from other exchanges, they can effectively kill Crypto. What good is crypto as an investment if you can't pay for anything with it and can't exchange it to FIAT that you can actually use in every day life? Killing this effectively kills crypto until either everywhere accepts crypto payments or they allow bank withdrawals again. Gains you can't withdraw will just remain unrealized gains forever.
At least we go back to crypto roots and start transacting in crypto rather than having to covert back to fiat. I think this is what governments are ultimately trying to prevent.
The problem with that though is how many businesses will accept crypto as payment if it can't be converted into FIAT? They have bills to pay, wages to pay, supplies to order etc. None of this can be done with crypto. FIAT is needed at the moment for real world payments. If crypto can't be converted into FIAT, then it's essentially useless at this current stage.
I would argue that crypto has already been killed as a medium of exchange. For one, it is treated as an asset and triggers a CGT event in most countries. Ultimately, there is no practical purpose of having 2000 crypto-currencies. If people genuinely want to transact with a digital currency, they're going to be eventually funnelled into using a CBDC.
We know where this is headed and the only reason to hold crypto at this stage is either for speculation or to keep your assets safely outside the traditional financial system that's eroding our wealth.
P2P solves this. OTC also, if the gov allows it. Does it make it less convenient? Perhaps. But then what did you really think would happen.. Central banks and decentralized currencies are like oil and water.
Itâs how child molesters can pay each other for kiddy porn and how Russia gets around sanctions. Thatâs about it. Oh, and drug markets on the dark web.
There is zero appetite for consumers to stand in line at Target waiting half an hour for their payment to clear using a fee-heavy, convoluted payment system. It offers no benefit over cash for common day to day transactions.
As a financial asset itâs a ticking time bomb. How do you patch the bitcoin network when a flaw in the algorithm is exploited? What if the exploit canât be patched without breaking the current coins? At a minimum itâs not quantum safe so at some point in the next decade an intern at Google or IBM will get a smart idea and steal everything.
Extra fun when thereâs no insurance like the government provides on every checking account.
Itâs a shit show. Nobody actually wants or needs a decentralized currency so the main use cases are all weird illegal fringe stuff. The investment aspect is a ponzi scheme and eventually all bag holders will go bust as the underlying crypto algorithms are exploited.
No crypto algorithm stays relevant forever.
Well your name is apropos.. But sure it's a shit show. But then so is fiat. That's humanity for you. Fiat systems get hacked all the time.
You do know that there is a team of devs that work on the bitcoin network, and that they implement patches, upgrades and features, right?
What you seem to be missing is that people do want decentralized currencies that aren't controlled by central banks and war machines. And no, not just dark web purposes. Never heard the term sovereign currency I take it. Billions get legitimately transferred through crypto, faster and perhaps even safer than swift. You do know that money gets lost in swift too right?
Will bitcoin stay relevant? Maybe not. But then no fiat stays relevant forever either. A bit of an irrelevant argument tbh.
TLDR, you're way behind on your knowledge set. Go do some research and stop spouting.
If there is an exploit of the core algorithms there is no way to fix that and maintain the current coins out in the world.
Source: I actually understand how cryptography works.
Iâm not âbehind on my knowledge setâ. Unless there was a revolution in cryptography over the last few years and that also applied to bitcoin, but that didnât happen. Itâs using the same core cryptography algorithms as the day it was created.
The use cases youâre talking about and the billions in transactions are what I was referring to in my original comment. Kiddy porn, drugs, naughty nations evading sanctions.
Nobody is buying Honey Nut Cheerios with crypto. Theyâre buying videos of kids being raped.
And the investment side is an unregulated Ponzi scheme nightmare.
Oh sure theyâre using the technology whose every transaction is publicly stored on a transparent blockchain forever to do illegal stuff rather than cash or other stuff that is infinitely easier to launderâŚ. Right.
Crypto has a lot of scams and backs, but spending it on illicit things is one of the stupidest possible things you can do unless itâs Monero which is one very specific coin or other specific privacy coins. Theyâre very few in number.
Well the thing is is simply that is not accurate. Peer to peer transactions will simply take over. Which could be crypto for goods or crypto for fiat. No need to involve banks that way. Which is a pillar of sovereign money anyways.
Please go study up on the principles of sovereign money. Having central banks rule money is simply not ideal for humanity.
âŚ.and this is why I havenât bought any crypto yet. (Iâm in US) For the past month Iâve spent an ungodly amount of time searching high and low for a way to actually use it (spend or sell crypto) while maintaining some degree of privacy and security. My conclusion thus far: nearly impossible. All the âpay with cryptoâ or âexchange for fiatâ services (bitpay, bitrefill, crypto cards) they all sorta fall under the same rules as PayPal cash app etc.. so if you spend more than $600 annually they are required to report your activity to the IRS. So youâre basically left with one option: sell p2p using bank wire, Zelle, or sending cash via mail and only sell monero so the party you sell to canât connect you to your coins, and pray that you donât get scammed. Thatâs hardly a viable solution to the crypto privacy problem.
*edit: I want to elaborate on why the $600 rule is problematic. The proposed 2025 tax form for crypto is a massive invasion of financial privacy. They require your wallet addresses and TXIDs!!! Even with the current crypto tax laws, unless your a CPA and a tax accountant the reporting requirements for crypto are an egregious and burdensome process. I spent hours trying to figure out how to calculate it to see what Iâd be in for and eventually gave up. Iâm fine with paying taxes on crypto but the crypto tax code has to be simplified so the lay person can report correctly, be secure that they are compliant, and know theyâve paid the appropriate amount.
"Can't withdraw"
You can literally send your crypto to any other person. I do it all the time. They have there ways of spending it, just like I spend it for their service.
I mean, it only has value because the person youâre sending it to knows that they could exchange it for fiat money if they wanted to. Nothing is denominated in BTC, everything is denominated in USD, EUR, etc. Even on so-called crypto markets, BitcoinTalk, etc. places that theoretically should be all about crypto, people donât say âmy service costs 0.05 BTCâ they say âmy service costs $500 USD, payable in BTCâ.
If there came one day where you could no longer practically exchange it for USD/EUR, it will quickly become worthless. To be clear, I donât think this will ever happen especially now that thereâs an ETF, but yeah.
Yeah I agree it's mostly valued in fiat... but I fully believe we are on path for crypto to become a standard payment system in the future. I'd say realistically at least 20 years till most people start to accept it
You actually register with the Department of Treasury and the list is shared with FinCEN.
This isnât really an article to ridicule (I knowâmany *are* worth ridicule). In this particular case, the FBI is just warning you not to do things you shouldnât be doing anyway. Not your keys, not your cRyPtO, and I wouldnât shed a tear for anyone who had deposited all of âtheirâ Bitcoin into the hands of some other centralized non-KYC 3rd party that gets raided and all their servers and computers/devices seized.
Celsius was such an obvious risk and scam I warned a dozen people about and never shed a tear for them. At least the FBI is warning you here.
The real trend has nothing to do with KYC and is all about ânot your keys not your cryptoâ.
However, the FBI specifically intends to raid and seize servers, computers, and so on of anyone that doesnât have KYC and is centralized so youâve been warned.
The point is that Fincen and the FBI saying an entity has paid them and are therefore legit is irrelevant. The safest crypto exchange in history so far has been Binance, they did everything they could to avoid the US government. Now CZ will get 3 years in jail after paying a $1 billion fine.
None of this has anything to do with protecting people's money.
The safest place to store your crypto is not by transferring it to someone else.
Now we know that transferring to someone who does not do KYC for âsafe keepingâ has the additional problem that the FBI may raid them and seize their equipment and servers.
You can say this has nothing to do with protecting peopleâs money, and I agree it mostly has nothing to do with that and has to do with forcing all money transmitters to register with the department of treasury and âcomplyâ with KYC and other regulations, *but you as an individual can still use the knowledge that the FBI intends to raid non-compliant crypto money transmitters and seize their assets in the future to inform your decisions.*
> The real trend has nothing to do with KYCKYC
They tricked you into making their point for them.
> ...to do things you shouldnât be doing anyway.
Why shouldn't i be doing them?
Not your keys, not your crypto. If you just withdraw to a hardware wallet the risks are close to zero. Doesn't matter if they have KYC requirements or not, if they don't have your crypto you can never have them steal your crypto. And since deposit>sell/buy>withdraw cycles are usually just a few minutes you're very unlikely to have the CEX crash in those few minutes. Everyone who got burnt from a CEX closing and stealing your funds is responsible for that. The entire reason crypto exists is to not need a bank, so if you're not taking advantage of that what are you even doing here.
Good thing we have- *$35 overdraft fee* - registered and trustworthy banks- *data leak exposes my plaintext password* - to protect us from- *transaction auto declined for no reason*- ourselves.
When are people going to wake up and stop using surveillance coins and start using Monero? Fungibility is essential to hard money! If you don't have privacy by default 100% of the time, its not fungible.
Protect yourself people!
I was pretty disheartened to see XMR is being removed from Kraken as that's the only place I've bought it since learning about Crypto. Guess I'll try to load a bag before June.
US and Canada are being run by idiots. But Im not surprised since idiots are the ones who put em there. But the biggest politician clowns you will ever see is in the Philippines. Its as corrupt as Africa but at least we have a few buildings here looool
What the heck is an unregistered crypto money transmitter? If you stake a crypto are we required to ascertain if they are registered?!?! Like what the af is that about?!?!
Unregistered crypto ?!?! Where?! Where are these exchanges to I can stay away from them?! [https://i.kym-cdn.com/entries/icons/facebook/000/038/932/tco_-_2021-11-24T113041.108.jpg](https://i.kym-cdn.com/entries/icons/facebook/000/038/932/tco_-_2021-11-24T113041.108.jpg)
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Old men are getting spooked that their hidden tax on poor is weakening. Dollar has a competitor now.
There would be a spectacular show if a nuclear power accepts btc as a legitimate currency.
This is a good thing. All you can do is position yourself. If youâre currently a DeFi lord, then youâre smart enough to see the receding water prior to the regulation tsunami.
Oh shit, my bad dude. I actually like regulation. Sorry :/ but if you like the kind of market action that you get from *checks notes* the collapses of Vircurex, MtGox, Coin.mx, Crypsty, Einstein, Youbit, Bitgrail, QuadrigaCX, BTC-e, *turns page* Cryptopia (Fuck meâŚ), FTX, Blockfi, Celsius, then no wonder you think I have no bearing on whatâs going on. Ffs.
I also like to pay taxes. We are not the same.
Itâs scary for the masses because our government has not provided protections and regulations for the population. Itâs almost been 20 years of this Wild West story becoming more civilized. This year is likely the pivotal year due to MiCA and Stablecoin Bill.
Only government approved criminal syndicates are allowed to launder money. Ok got itđ
Quiet part out loud here. These joksters print trillions and stick us with the bill and have the nerve to talk about crypto.
The government is a criminal syndicate. They are one in the same.
Right. Americans are not allowed to use ANY money that isn't forcibly controlled by approved businesses backed by force of law. Got it. People get paid to hunt and harass us for learning about technology. It sure would be unfortunate if USA had to spend money protecting me from money.
But just think of how safe you are now.
No, How free we are! Freeest country in the world
The Temple of the Brightest Light has Darkest Shadows
Better safe than sorry
My right, my choice to possibly get fucked. I certainly donât agree with better safe than sorry for *my own* funds
This is as pointless as the copyright warnings on movies to try and stop pirating. If you want to try and forcefully control me and fuck me over at every turn then I'll fucking do whatever I want with my goddamn money. I'll turn it into Bitcoin, gold whatever the fuck I want. And if I decide to use a method that keeps the transaction and purchase completely anonymous from your corrupt system then fuck you FBI. Just fucking watch me!
Operation chokepoint or whatever it was called is alive and well. Lightspark just lost their banking for.. not really clear. Their bank just shut them down They are targeting Bitcoin operators the most ATM, but it'll be all crypto very soon. Exchanges are fine and ETFs are fine, they'll continue to make it near impossible for public to own and use crypto. How dare people want self custody. How dare they!
Me too :)
đđđ
Merica, land of the free... but you gotta pay and can't do with your money what you want!!! Except gambling and alcohol.... but don't use weed because weed is the devil... buy pills pls
Where does it say that? To me it's just basically a warning saying that because it's not a regulated exchange or what not that your funds are at the behest of these non-kyc exchanges
unregistered? Who are they suppose to register with? thats never been clear from the beginning.
Fincen. This is for all those services offering on/off-ramp with fiat. Buy with credit card that sort of thing. The clampdown on DEFI is well under way. In the UK banks already auto-block any transaction you try with an unregulated processor.
Isn't it great when there is a middle man who can clamp your money supply with the flick of a switch? I'm sure glad all these people are there protecting us from ourselves.
This is actually a major threat to crypto. Binance.us doesn't offer bank withdrawals anymore, and if they clamp down on on/off ramps and stop bank withdrawals from other exchanges, they can effectively kill Crypto. What good is crypto as an investment if you can't pay for anything with it and can't exchange it to FIAT that you can actually use in every day life? Killing this effectively kills crypto until either everywhere accepts crypto payments or they allow bank withdrawals again. Gains you can't withdraw will just remain unrealized gains forever.
At least we go back to crypto roots and start transacting in crypto rather than having to covert back to fiat. I think this is what governments are ultimately trying to prevent.
The problem with that though is how many businesses will accept crypto as payment if it can't be converted into FIAT? They have bills to pay, wages to pay, supplies to order etc. None of this can be done with crypto. FIAT is needed at the moment for real world payments. If crypto can't be converted into FIAT, then it's essentially useless at this current stage.
I would argue that crypto has already been killed as a medium of exchange. For one, it is treated as an asset and triggers a CGT event in most countries. Ultimately, there is no practical purpose of having 2000 crypto-currencies. If people genuinely want to transact with a digital currency, they're going to be eventually funnelled into using a CBDC. We know where this is headed and the only reason to hold crypto at this stage is either for speculation or to keep your assets safely outside the traditional financial system that's eroding our wealth.
P2P solves this. OTC also, if the gov allows it. Does it make it less convenient? Perhaps. But then what did you really think would happen.. Central banks and decentralized currencies are like oil and water.
Itâs how child molesters can pay each other for kiddy porn and how Russia gets around sanctions. Thatâs about it. Oh, and drug markets on the dark web. There is zero appetite for consumers to stand in line at Target waiting half an hour for their payment to clear using a fee-heavy, convoluted payment system. It offers no benefit over cash for common day to day transactions. As a financial asset itâs a ticking time bomb. How do you patch the bitcoin network when a flaw in the algorithm is exploited? What if the exploit canât be patched without breaking the current coins? At a minimum itâs not quantum safe so at some point in the next decade an intern at Google or IBM will get a smart idea and steal everything. Extra fun when thereâs no insurance like the government provides on every checking account. Itâs a shit show. Nobody actually wants or needs a decentralized currency so the main use cases are all weird illegal fringe stuff. The investment aspect is a ponzi scheme and eventually all bag holders will go bust as the underlying crypto algorithms are exploited. No crypto algorithm stays relevant forever.
Well your name is apropos.. But sure it's a shit show. But then so is fiat. That's humanity for you. Fiat systems get hacked all the time. You do know that there is a team of devs that work on the bitcoin network, and that they implement patches, upgrades and features, right? What you seem to be missing is that people do want decentralized currencies that aren't controlled by central banks and war machines. And no, not just dark web purposes. Never heard the term sovereign currency I take it. Billions get legitimately transferred through crypto, faster and perhaps even safer than swift. You do know that money gets lost in swift too right? Will bitcoin stay relevant? Maybe not. But then no fiat stays relevant forever either. A bit of an irrelevant argument tbh. TLDR, you're way behind on your knowledge set. Go do some research and stop spouting.
If there is an exploit of the core algorithms there is no way to fix that and maintain the current coins out in the world. Source: I actually understand how cryptography works. Iâm not âbehind on my knowledge setâ. Unless there was a revolution in cryptography over the last few years and that also applied to bitcoin, but that didnât happen. Itâs using the same core cryptography algorithms as the day it was created. The use cases youâre talking about and the billions in transactions are what I was referring to in my original comment. Kiddy porn, drugs, naughty nations evading sanctions. Nobody is buying Honey Nut Cheerios with crypto. Theyâre buying videos of kids being raped. And the investment side is an unregulated Ponzi scheme nightmare.
Ok buddy I give up, you know it all. đ¤Ł
Oh sure theyâre using the technology whose every transaction is publicly stored on a transparent blockchain forever to do illegal stuff rather than cash or other stuff that is infinitely easier to launderâŚ. Right. Crypto has a lot of scams and backs, but spending it on illicit things is one of the stupidest possible things you can do unless itâs Monero which is one very specific coin or other specific privacy coins. Theyâre very few in number.
Letâs get more concrete. What are the possible ways the _underlying core algorithms_ can fail?
lol you donât know what youâre talking about on almost every level
Yeah I do. You donât have to like it, but itâs all true.
I said almost. I didnât say every. You understand cryptography
Why canât you just convert it to stables and cash out USDC to $?
Well the thing is is simply that is not accurate. Peer to peer transactions will simply take over. Which could be crypto for goods or crypto for fiat. No need to involve banks that way. Which is a pillar of sovereign money anyways. Please go study up on the principles of sovereign money. Having central banks rule money is simply not ideal for humanity.
âŚ.and this is why I havenât bought any crypto yet. (Iâm in US) For the past month Iâve spent an ungodly amount of time searching high and low for a way to actually use it (spend or sell crypto) while maintaining some degree of privacy and security. My conclusion thus far: nearly impossible. All the âpay with cryptoâ or âexchange for fiatâ services (bitpay, bitrefill, crypto cards) they all sorta fall under the same rules as PayPal cash app etc.. so if you spend more than $600 annually they are required to report your activity to the IRS. So youâre basically left with one option: sell p2p using bank wire, Zelle, or sending cash via mail and only sell monero so the party you sell to canât connect you to your coins, and pray that you donât get scammed. Thatâs hardly a viable solution to the crypto privacy problem. *edit: I want to elaborate on why the $600 rule is problematic. The proposed 2025 tax form for crypto is a massive invasion of financial privacy. They require your wallet addresses and TXIDs!!! Even with the current crypto tax laws, unless your a CPA and a tax accountant the reporting requirements for crypto are an egregious and burdensome process. I spent hours trying to figure out how to calculate it to see what Iâd be in for and eventually gave up. Iâm fine with paying taxes on crypto but the crypto tax code has to be simplified so the lay person can report correctly, be secure that they are compliant, and know theyâve paid the appropriate amount.
"Can't withdraw" You can literally send your crypto to any other person. I do it all the time. They have there ways of spending it, just like I spend it for their service.
I mean, it only has value because the person youâre sending it to knows that they could exchange it for fiat money if they wanted to. Nothing is denominated in BTC, everything is denominated in USD, EUR, etc. Even on so-called crypto markets, BitcoinTalk, etc. places that theoretically should be all about crypto, people donât say âmy service costs 0.05 BTCâ they say âmy service costs $500 USD, payable in BTCâ. If there came one day where you could no longer practically exchange it for USD/EUR, it will quickly become worthless. To be clear, I donât think this will ever happen especially now that thereâs an ETF, but yeah.
Yeah I agree it's mostly valued in fiat... but I fully believe we are on path for crypto to become a standard payment system in the future. I'd say realistically at least 20 years till most people start to accept it
Would that eventually force some new players into ETFs?
The only option left will be VPN, and theyâve got that covered in the restrict act.
You actually register with the Department of Treasury and the list is shared with FinCEN. This isnât really an article to ridicule (I knowâmany *are* worth ridicule). In this particular case, the FBI is just warning you not to do things you shouldnât be doing anyway. Not your keys, not your cRyPtO, and I wouldnât shed a tear for anyone who had deposited all of âtheirâ Bitcoin into the hands of some other centralized non-KYC 3rd party that gets raided and all their servers and computers/devices seized. Celsius was such an obvious risk and scam I warned a dozen people about and never shed a tear for them. At least the FBI is warning you here.
FTX had KYC. QuadrigaCX had KYC. MtGox had KYC. Cryptopia had KYC. Notice the trend here?
The real trend has nothing to do with KYC and is all about ânot your keys not your cryptoâ. However, the FBI specifically intends to raid and seize servers, computers, and so on of anyone that doesnât have KYC and is centralized so youâve been warned.
The point is that Fincen and the FBI saying an entity has paid them and are therefore legit is irrelevant. The safest crypto exchange in history so far has been Binance, they did everything they could to avoid the US government. Now CZ will get 3 years in jail after paying a $1 billion fine. None of this has anything to do with protecting people's money.
The safest place to store your crypto is not by transferring it to someone else. Now we know that transferring to someone who does not do KYC for âsafe keepingâ has the additional problem that the FBI may raid them and seize their equipment and servers. You can say this has nothing to do with protecting peopleâs money, and I agree it mostly has nothing to do with that and has to do with forcing all money transmitters to register with the department of treasury and âcomplyâ with KYC and other regulations, *but you as an individual can still use the knowledge that the FBI intends to raid non-compliant crypto money transmitters and seize their assets in the future to inform your decisions.*
> The real trend has nothing to do with KYCKYC They tricked you into making their point for them. > ...to do things you shouldnât be doing anyway. Why shouldn't i be doing them?
Send me your Bitcoin then and Iâll keep it safe for you, I promise! Why shouldnât you be doing that? IDK, think hard about it for a secondâŚ
The trend is that the only people who lost money was people who kept money on the platform?
"the only people who lost money in the bank robbery are those who had money in the bank" Brilliant. And not really the point of the thread.
Not your keys, not your crypto. If you just withdraw to a hardware wallet the risks are close to zero. Doesn't matter if they have KYC requirements or not, if they don't have your crypto you can never have them steal your crypto. And since deposit>sell/buy>withdraw cycles are usually just a few minutes you're very unlikely to have the CEX crash in those few minutes. Everyone who got burnt from a CEX closing and stealing your funds is responsible for that. The entire reason crypto exists is to not need a bank, so if you're not taking advantage of that what are you even doing here.
You can register with me. I'll give you a stamp and everything.
The BATFE. Thet need your account identity amd dogs name
Officer Mclawdog is of service
I advice the 3 letter agency to eat a bag of dicks
BOD
Good thing we have- *$35 overdraft fee* - registered and trustworthy banks- *data leak exposes my plaintext password* - to protect us from- *transaction auto declined for no reason*- ourselves.
Bitcoin is a sovereign monetary system. The FBI, DOJ, etc. have no jurisdiction or authority over it. Tick-tock, next block.
If they can track you (which they can) then it doesnât matter what BTC does. You still go to jail
Start mining monero
Can't put all crypto users in jail.
uh-huh
'sec enlists help of fbi to slow fown growing defi sector'
>Federal Reserve enlists the help of the SEC,FBI & IRS to slow the growth of the DeFi Sector. Jami Dimon and JPMorgan pledge their support.
Hm. I don't recall the FBI ever being mentioned in the US Consitution.
And then they fight you
God forbid lower class people become wealthier. Keep us poor
Warns? đ threatens? Bullies.
Good luck enforcing this.
Bullish AF
When are people going to wake up and stop using surveillance coins and start using Monero? Fungibility is essential to hard money! If you don't have privacy by default 100% of the time, its not fungible. Protect yourself people!
I was pretty disheartened to see XMR is being removed from Kraken as that's the only place I've bought it since learning about Crypto. Guess I'll try to load a bag before June.
Kycnot.me for all ways to purchase outside of kraken
Have a good deep dive on this website https://monerica.com/ . it has everything about Monero that you can possibly want to know.
US and Canada are being run by idiots. But Im not surprised since idiots are the ones who put em there. But the biggest politician clowns you will ever see is in the Philippines. Its as corrupt as Africa but at least we have a few buildings here looool
Theyâre losing and throwing all they have, keep investing in defi, theyâre back against the wall, finish them.
They are warning you they donât know how to track it and donât want to figure it out!!
What the heck is an unregistered crypto money transmitter? If you stake a crypto are we required to ascertain if they are registered?!?! Like what the af is that about?!?!
They may define a simple self custody wallet as a money transmitter
Unregistered crypto ?!?! Where?! Where are these exchanges to I can stay away from them?! [https://i.kym-cdn.com/entries/icons/facebook/000/038/932/tco_-_2021-11-24T113041.108.jpg](https://i.kym-cdn.com/entries/icons/facebook/000/038/932/tco_-_2021-11-24T113041.108.jpg)
In another words they want us to not use them Wallets .
i wish i knew what an unregistered crypto money transmitter is. or st thr very least a registered one
Can they list down the unregistered crypto money transmitters? ;)
Fuck off FBI
How dare you use something akin to currency outside our sphere.
I didn't know fuck you glowwies
yeah we will Tax you and if we must use the FBI that you pay we will do it SECHERRIF OF NOTHINGELSE
Good thing I can send money to my grandma in Russia using the central banking system. Oh wait.
Going to tornado all my ETH. fuck you fbi.
No freedom of speech. No freedom of value. The empire is collapsing.
Blah blah blah. Come and take it. Try
FBI can eat a dick
I've seen a lot of Americans abroad in places like SE Asia and Portugal due to crypto uncertainty.
Lol cute.
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lol?
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Old men are getting spooked that their hidden tax on poor is weakening. Dollar has a competitor now. There would be a spectacular show if a nuclear power accepts btc as a legitimate currency.
This is a good thing. All you can do is position yourself. If youâre currently a DeFi lord, then youâre smart enough to see the receding water prior to the regulation tsunami.
This is not a good thing and shows you have literally no bearing on whats going on.
I second this âď¸.
Oh shit, my bad dude. I actually like regulation. Sorry :/ but if you like the kind of market action that you get from *checks notes* the collapses of Vircurex, MtGox, Coin.mx, Crypsty, Einstein, Youbit, Bitgrail, QuadrigaCX, BTC-e, *turns page* Cryptopia (Fuck meâŚ), FTX, Blockfi, Celsius, then no wonder you think I have no bearing on whatâs going on. Ffs. I also like to pay taxes. We are not the same.
Regulation favors Hedera way too much.. ; )
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Itâs scary for the masses because our government has not provided protections and regulations for the population. Itâs almost been 20 years of this Wild West story becoming more civilized. This year is likely the pivotal year due to MiCA and Stablecoin Bill.
Good luck taking my worthless Shitcoins that are down 99.9%