/biz/ - Business & Finance

Don't care as long as ripple gets fucked, that's what's most important.

>>25087190
tell them that they can have my linkies at $1000 a pop otherwise I don't care

>>25087190
it's necessary for the NWO to fully roll out next year

we can't have any sort of alternative financial available for goyim to buy into, crypto has served its purpose and now it is over

>>25087218
This. Fuck Ripple and all their dumb ass bag holding faggots.

Yep this is obvious thanks to Trump and his strong hatred for crypto. He told mnuchin to go after crypto hard.

im not reading all that

>>25087190
I don't understand why all crypto newfags think this is newsworthy. This was always the end result. Of course governments would either try to control or destroy it, the original intent behind crypto was to replace financial institutions. If you're someone surprised when they see articles about action taken against crypto like this, you're a brainlet.

>>25087439
>tweets about bitcoin
>mnuchin is going after ripple
yeah dude looks like a whole conspiracy

>>25087218
>>25087311
You guys are seriously fucking idiots. You're the equivalent of Gavin Mcinnes shoving that dildo up his ass to prove he's not gay and 'own the libs'.

>>25087461
>and other cryptocurrency
I know reading comprehension is too hard for low iq maga incels

>>25087612
whats wrong
have xrpbags
xrpfag

>>25087652
Yeah but my initial buy is at .18 so I'm good. Not even bothered by this whole charade. Bought $50k more actually. Just had to increase my bags 10% cause this likely the cheapest it will get once this whole fiasco is over.

>(((xrp))) gets crushed by SEC
>takes xlm with it

Central banks will be issuing their own crypto soon. They have to get rid of the competition. Cryptos will be considered a form of counterfeiting soon. Fuck it tho, Im still buying bitcoin.

>>25087190
crypto will be outlawed through slow and steady regulation, much like firearms ownership in the USA. think of it like slowly boiling a frog to death.

>>25087439
>>25087621
you will never be a woman. pack your gaping wound up and go back.

>>25087190
>ITT no one has even read the blog, including OP
its a nothingburger. going to be extended to 60 days which takes into new administration, which means won't see new rules for another 2-3 years.

Are we not able to get our cyrpto off cb then?

>>25087612
>aaaaaanyday now
>the jew conmen at cRipple are going to flip duh switch!
>Believing this
mfw

So our last chance is xmr now?

>>25088096
Keep sucking that dick

>>25087920
>takes xlm with it
*takes every alt with it

>>25087612
Don't give a fuck. Ripple is an abomination. If we have to crash with no survivors to kill it, then so be it. At least BTC will rise regardless of legal situation.

>>25088393
>>25088946

>>25088223
The point is to intentionally strap exchanges for time so that regulators can say "oh look...nobody had a comment" and write the law as they see fit with no contest. Please show me where the deadline has been extended to the traditional 60 days by FinCEN and the treasury. The entire blog post was Coinbase requesting the 60 days.
Here is the proposal.
https://public-inspection.federalregister.gov/2020-28437.pdf

>>25087190

No matter how the US government postures itself toward crypto, they would never put themselves in a position where the US cant easily do business in crypto and China wins the crypto landgrab. They’ve come far too late to the game to squash BTC and crypto for good, which have proven beyond doubt to have staying power, immense value, and institutional interest. If the government hobbles the crypto industry and the landscape is effectively owned by china, it would be a disaster and politicians know it, regardless of their personal feelings about BTC’s legitimacy and that of promising alts. If they try to regulate crypto away and inevitably fail, it will be the final self-immolation of modern monetary theory and the idea that currencies and economies should be planned and controlled centrally.

Beyond that, the government cannot fo any real insult to corporate interests without being foiled, and giants like visa, paypal, investment banks, and all manners of investment funds would not enter the space unless they felt they could control any potential threat from the government. Its just a question that has effectively been answered to us by all their favorable risk assessment and vote of confidence.

>>25089505
But anon....maybe the politicians want it hobbled so China can take over.

>>25087190
i foresee coinbase collapsing anyway given it doesnt have many coins on it and with the removal of xrp theres pretty much nothing on their site lol also what is it with coinbase being so openly fudding everything? ..... its rather odd.... that coinbase creates a load of fud all the time and negativity to try kill the price of coins and calls the coins their site trades in to be scams all the time despite their site trading them... but then they list some shit scam coins like celo that do fuck all just because their ceo brought a bag of celo and wanted to pump it so thought a coinbase listing would increase the value for him.... if coinbase comes under investigation they shall find that is a scam that needs to be shut down.

>>25089505
this. crypto is inevitable. cats out of the bag and it's not going back. only thing US will achieve by overregulating crypto is hobbling its own industry while the money/market gets imbedded in other nations.

I know American politicians hate their own people but I don't think they hate money.

>>25088946
China will kill btc by drowning their miners. We all know China is fucked up so this shouldn't surprise anyone

>>25089945
XRP is trash. SEC is helping it return to its intrinsic value