/biz/ - Business & Finance

https://www.forbes.com/sites/ninabambysheva/2022/06/07/republican-and-democratic-senators-release-bitcoin-bill-that-would-bridge-crypto-and-traditional-finance/?sh=57d8fa877761

>>49427276
Why are (((they)) suddenly bullish on crypto? Didn’t JP Morgan come out and say crypto is a preferred alternative asset?

"Following the collapse of the $60 billion TerraUSD/Luna stablecoin ecosystem, the new bill also aims to establish core principles for banks and non-banks that issue stablecoins, digital tokens pegged to some external asset such as the U.S. dollar or gold. Notably, the law would require a 100% reserve for stablecoin issuers. Lawmakers and other officials, including Treasury Secretary Janet Yellen, have escalated calls for increased regulation of stablecoins since the TerraUSD collapse, which exacerbated a weeks-long sell-off in the cryptocurrency market. "

>>49427296
Because the bags are full and normies are distracted, it's sign for smart money

and now propose a bill that bares public officials to own any investments during their service and 20 years there after, and extend it to public employed

>>49427276
Why isn't it going up?

Why do we even listen to these guys? Remember when libs “became ungovernable” and started committing crimes on the reg and didn’t get prosecuted? Libs threw Molotovs in a police van with cops inside and only got probation. We too should become ungovernable

>>49427837
the libs had the blessing of the state to conduct domestic terror attacks ie FBI taking a knee while they burnt down mainstreet

>>49427296
They dumped it, now they want to pump it.

>>49427837
It didn't work out too well for the capitol "rioters"

>>49427926
consider the difference between how they slaughtered the bundy ranch people vs the CHOP secession zone

>>49427423
because a lot of things are actually bearish. most tokens will be considered securities, dex will be illegal, etc

>>49427837
nothing good will be planned or even discussed on an image board. all you can really do is watch russia (bad cop) and china (good cop) weather their sanctions. lawyer fees make up 6% of the US gdp. they are running on fumes. don't let them turn you into their scapegoat

>>49427837
>Remember when libs “became ungovernable”
Being directed by the Government is the opposite of being ungovernable. Just remember, food shortages are coming, and every nation is always only 9 meals away from a revolution. Powder dry?

>>49427938
the only thing bearish in crypto is price action.
Its actually an opportunity for us.
This is a bill and it hasnt passed yet so why would price all of a sudden pump?!

>>49427968
>food shortages
until they hit vaccine quota the killing will continue. beware of a consolidated food supply

>>49428003
The best thing that we can do right now is prepare. We know what is coming, so we just need to brace for it. That's why I have stocked up on food, water, and cryptos like HBAR and CNDL. Both of these projects will survive the coming collapse due to their fundamental utility and legal compliance.

>>49428176
>That's why I have stocked up on food, water, and cryptos
You forgot something even more important.

bump

>>49427276
ETH. IS. A. COMMODITY.

OOMPHFFFF
now might be a good time to get together and start a web3 project
luckily Cherry Network headstarts everything through its safe and secure decentralized cloud storage.

What about a cryptocurrency that works for human beings?

>>49427296
Because the digital currency is almost ready but yet to be released.

JP Morgan was telling you the truth like a funny joke because no one believes Banking Bergs so what Mumy would listen?

Crypto crashes to $0.00 when big finance pulls out

>>49431196
>>49427389
>>49427909
isn't iso20022 also a thing?

>>49427296
>Why are (((they)) suddenly bullish on crypto?
>>49427296
because it's crashing in the short term and they want exit liquidity

>>49427276
Makes sense. If they are smart, their goal would be to control it via CBDCs, not wage a pointless war against math.