/biz/ - Business & Finance

>>53666297
Hate. Whales sold before the dump then he orchestrated fud to dump it. Inside trader. He's also one if the reasons we will struggle for months to restart the bullrun. Second most influential person in crypto. Second to powell. Also his fud only affects CEX. He can't touch DEX. Literally the only one's that benefit from him are inside traders.

>>53666297
This retard is trying to destroy latest legit exchange on crypto.

>>53666297
He's based and will clean up the AID-infested ponzi casino of doggy shitcoins, illegal securities (XRP, ETH), guaranteed interest aka "staking" ponzis (LINK) and shitcoinery in general.

Once there is a clear legal distinction between digital commodities like Bitcoin and premined, centrally-issued shitcoins which are illegal securities, that's when we will truly see institutional adoption of Bitcoin.

>>53666358
He doesn't want clear regulation, nigger. It's not that hard to do. He's being vague on purpose to fuck people over with lawsuits.

>>53666373
this
>>53666358
you're retarded

>>53666317
>>53666341
This man is single handedly going to send BTC to 100K once he wipes out USDC and USDT

tldr: he's still a fag but is going to save Bitcoin

>>53666297
Hes looks like a monkey fish frog.

>>53666373
>>53666486

Shitcoiners get the fucking rope.

>>53666297
Goblin kike motherfucker.

The Gary Gensler.
The Security Sensor.
The Tax Intenser.
The Retails Defensor.
He's Laws Dispenser.
Your Profits Censor.
A Bear Commencer.

>>53666547
except that's cope. Worst case scenario still has them in offshore exchanges and defi

>>53666501
Yep. I've always liked Gary.
>t. Bitcoiner for almost half my life
I am not a permabull.

>>53666317
Hey retard boy. BTC maxi != degenerate speculator. This is good for the future of BTC as a currency.

>>53666613
>Yep. I've always liked Gary.

>>53666642
ooo, you got me anon.

>>53666599
Shitcoins serve no purpose but to drain Satioshis from greedy idiots by unscrupulous devs in exchange for nothing (premined shitcoins printed by the trillions out of thin air have no value, i.e. LINK, XRP, ETH, dogcoins).

>>53666647
Quiet, jew.

>>53666656
moronic mentality

>>53666628
learn to read, nigger
and again, he doesn't want clear regulation. Clear regulation would be bullish. This faggot doesn't want that.

>>53666656
Your feewings =\= markets. People don't give a fuck about maxis

>>53666297
He's a BTC maxi, I like him. So far he hasn't done anything scummy. Crypto needs to be cleaned up before we can have another leg up. 2021 was a fucking jeet disaster.

>>53666906
>staking is okay.. except now it's not! Only for accredited investors! For your own protection, got!
He's a faggot that doesn't have retail's best interest in mind.

>>53666906
You like sucking baby dick like your boy Gensler?

>>53666769
You smell of altcoins. What's in your portfolio?

>>53667023
>You smell of altcoins. What's in your portfolio?

>>53667035
Anon, I've been making fun of jews since before you came to this website.

why would i think about gary at all as a btc maxi? i dont. i will continue to stack sats regardless of any humans behavior on this planet (because BTC is unstoppable)

all posters itt stating otherwise are clueless frauds

>>53666297
He is Gay Counselor.

>>53666358
this, gensler is evidence based jews exist
proof of "stake" is a lie
steak cut up into 5 pieces is still the same steak

>>53666297
Like. He is taking out the centralized garbage and keeping crypto faithful to its roots.

>>53667042
Then denounce the talmud.

>>53666341
Retard alert.

>>53666373
There's nothing 'vague' about it. He is crystal clear that usurious centralized scams are not part of crypto.

>>53667082
He is crystal clear that usurious kikes run our governments.

>>53667146
They're called bankers.

>>53667053
I denounce the talmud. I hate the anti-christ.

>>53667050
>putting biden's cabinet member up there with bobby fischer
slow down

>>53666793
>Shitcoin nigger
>Doesn't understand the difference between a decentralized digital commodity, with no issuer, no CEO, a monetary policy set in stone and controlled by nothing but mathematics and a fixed supply which requires a network worth billions of dollars to secure and mine, VERSUS a fucking centrally-issued, premined shitcoin, printed in the hundreds of billions out of thin air, with a majority withheld by the CEO (aka developer trannies), dumped on the retail idiots periodically with a price that is manipulated easily, and secured by nothing except for vacuous promises of "adoption" or "staking" or NEET nodes, that will never come because they are untenable and earn no profits to pay out interest ("staking").

Shitcoiners are the lowest of the low, in this cesspit of debauchery.

>>53666358
I've taken this view most of the time, overall I want ethereum banned because it faciitates people losing hundreds of thousands of dollars and is shilled as some kind of useful technology (it's not, what can you use it for that can't already be done cheaper and more efficiently?) by retards like Lex Fridman

You are deep in the dark guys, i am sorry for you, for real.

>>53666297
I liked him when he seemed to be able to distinguish between btc and shitcoins but I don't trust him anymore. All the spot ETF bullshit, custodia bank nonsense, and now he does this move after all the bad actors that disrespected btc just happened to fail on their own without a peep from them.

He's not on our team and anytime he is he's just a useful idiot by luck.

>>53666297
I don't generally side with federal agencies on anything as a rule, but the crypto market is riddled with fraud and scams. It's been begging for this for a long time.
If the SEC is what it takes to kill it and let real decentralized PoW cryptocurrency survive, then so be it.

>>53667800
The spot ETF was the trojan horse. His explanation is nigger tier arguing, w-we can't do spot because of manipulation but we can totally do futures because there's uhhhh no manipulation in futures. And no they don't have to hold spot either, hehe

>>53666560
Zoom in and note the lizard eyes

>>53666297
hate this motherfucker like you wouldn't believe

the funny thing is, he's really smart and completely understands BTC/ETH. That's why he's the perfect Biden admin appointed faggot to destroy crypto. He absolutely will not produce or promote any sort of legitimate, clear or concise guidance for crypto. He purposely keeps things cloudy and unclear so he can attack any and all things crypto. Corrupt to the core. He does not give a single fuck about enforcement, guidance or the rule of law. He's hellbent on making money from this corrupt disgusting pathetic administration and then he will coast on his previous position once he's done

also it's so weird and pathetic (but unsurprising) to see BTC maxis cheer on government regulations, big government, etc. when it comes to crypto in general. Imagine thinking the spirit of Satoshi was for promoting government regulation on cryptocurrencies, just so your dinosaur boomercoin can continue to flatline and crab to death kek. Fucking pathetic losers

>>53666297
btc maxis hate him because he isn't stopping defi which will easily have a higher mcap this bull run

>>53667977
Custodially staked hands typed this

>>53668012
you cuckolds are so fucking pathetic, imagine cheering on governmental regulations like some kind of no-coiner lmao. It's so disgusting. You're no better than some fucking trannzoid WashPo journalist no-coiner who knows fuck-all about crypto but cheers on the SEC's dumbass lawsuits because they don't know what the fuck is going on

>>53666297
Reminder that BTC maxis bought into the CBDC trial run and are deluded gambling addicts. Midwit "investment", you either know better or you are one, no in-between.

Diffley seems ok to me.

>maxis are government bootlickers
Where did it all go so wrong?

>>53667977
>>53668028
It's because BTC maxi's aren't seriously trying to create a currency, otherwise they wouldn't be BTC maxis, because that shit is an absolute failure as a currency. They only care about number going up, simple as that. When that's all you care about nothing else will matter.

Bitcoin as it stands is a shell of it's former self, and, if satoshi was still alive, he would be disgusted by these cretins claiming to represent the project.

it just proves that BTC maxis never believed in bitcoin in the first place, they're literally cheering on government regulation in some weird ill-informed attempt to get one last pump out of BTC so they can sell it for fiat lmao

everyone knows this, nobody really admits it but it's pretty fucking clear BTC maxis thought BTC would go higher in the last bullrun. Now they're upset and they're weirdly taking their anger out on alt-coins/defi/ETH/etc.

So obviously they're welcoming SEC/government regulation on anything that's not bitcoin, but in reality pretty much the sole reason is so they can dump their BTC for fiat. How fucking pathetic is that? Fucking fraudulent retards

>>53668055
spot on.

>>53668063
You can be a Bitcoin fan boy and also believe that various crypto tokens are securities. That doesn't make you a bootlicker anymore than not murdering random people makes you a law-abiding bootlicker.

>>53668084
>You can be a Bitcoin fan boy and also believe that various crypto tokens are securities.

I don't exactly agree with that. If you had bought bitcoin in 2010-2014 you'd have had tons of people making fun of you and saying that bitcoin is a security, it's nonsense, it's worthless and its value is created out of thin air, etc.

Now that bitcoin is what it is, you want to turn around and say nobody else can ever do it again? You want to say that bitcoin can only be worth something because it was the first to do it?

Guess who you're sounding like? Yeah you sound like a fucking fiat retard, you fucking faggot. So no. You can't really make that argument anymore.

>>53666297
Seriously, and then people wonder why (((central bankers))) have been kicked out of 109 countries.

>>53668084
>>53668116
I'd argue that most of the people who are bitcoin "maxis" are those that got into bitcoin a little bit too late to make life-changing money, and now they're upset about it and don't really want to understand the spirit of the idea that created bitcoin in the first place. The daring idea of bitcoin that made early buyers filthy rich was that it wasn't a guaranteed thing and most people thought it was fucking retarded, that it WAS a security, that the gov should regulate it etc.

Now you want to buy bitcoin and think it's such a safe thing, while these other risky assets get fucked by the government and you cheer it on... You're totally against the spirit of early bitcoin holders and more than that, you're a fucking coward.

>>53668116
You have no idea what you're talking about.
Bitcoin objectively speaking is NOT a security, because it's not created out of a thin air by a single person, a committee, a CEO or company, unlike ETH, for example, or the more egregious examples of LINK and XRP which are totally premined, withheld mostly by the CEOs of both companies (Garlinghouse, Sergey) and obvious examples of illegal securities emission. Why do you think Sergey operates offshore? Because what he's doing is 100% illegal in the US, Europe, Asia and most of the world.

A commodity requires resources to be expended to have it created/extracted. Like you need tonnes of diesel fuel, water, machinery and labour to grow and harvest oranges, which are a commodity. You CANNOT print a trillion oranges out of nowhere.
The same way Bitcoin requires billions of dollars of computing hardware, energy and time to be created. It is therefore a digital commodity.
Shitcoins, on the other hand have NO VALUE, because they are printed out of thin air with impunity. Ethereum's monetary policy has changed like 10 times in the last 5 years and who knows how many trillions they will decide to print in the future now that they no longer use PoW to secure the network.
XRP, LINK, etc. etc. are all obvious Ponzi schemes that pretend to give "utility" to their premined shitcoins, but that's not true. The only purpose those tokens have is to be sold to the spot markets and used as funding tokens for their CEOs

Bitcoin was a purely mathematical, open source protocol gifted to the world by an entity known as Satoshi, who then vanished and never profited.

Shitcoiners only exist because there's so many newfags and redditors here now that they don't even know the origin story of Bitcoin. You greedy tramps will fucking learn that there is only ONE crypto and it is called Bitcoin.

t. Bitcoin Supremacist.

If you care about crypto in any way and you like this J*w or his agency you're either a fed (poorly paid lmao) or too dumb to ever be profitable

>>53666560
its crazy how you can just look at this guy and tell he's jewish

>>53668626
>t. owns $200 in doggycoin and wants to "make it".

Shitcoiners ladies and gentlemen.

>>53668646
How do I profit off the destruction of central bankers?
https://research.calvin.edu/german-propaganda-archive/angrif03.htm

Christ is King of kings.

Bumping for shitcoin genocide.

>>53666297
He IS a bitcoin maxi

He took bribes from sbf

I hate demons and I kill them for breakfast.

>>53668646
My biggest holding by far is Bitcoin, do you enjoy watching the SEC buttfuck the spot etf? How about watching them work with ftx that illegally dumped all of their BTC deposits onto the market to prop up their massive debts and meth habits? Please tell me a single positive of these kosher bandits?

based
just be decentralized and he'll leave you alone, he's like a wasp that only stings you if you're centralized

>>53667082
Retard maxis don't know what usary means.
Gensler just shut down what is probably the most legit exchange's staking program after allowing (if not orchestrating) the biggest financial theft in history to happen and then using that as a pretext to say "ooooh crypto is so naughty". He is a criminal.

>>53666297
>Do we like or hate Gary Gensler?

Check his early life section, that's all you need to know.

>>53668604
No CEO. Just CIA.

>>53668604
Sad when you remember satoshi mined millions with his laptop CPU.

>>53666297
I love him. He BTFOs shitcoiners whilst also suppressing the Bitcoin price by denying a stop ETF or providing any regulatory clarity, allowing be to accumulate Bitcoin on the cheap.

>>53666297
govern me daddy

>>53668604
glow harder fake bitcoin maxi

>>53666358
>ponzi casino of doggy shitcoins
roubini, is that you?

>>53666297
>liking Jews
wtf is wrong with you?

>>53669792
>Sad when you remember satoshi mined millions with his laptop CPU.

It wasn't a premine you worthless, shitcoin nigger. In a premine, developers hard code coin balances for themselves into their own ledger prior to public mining becoming available. Satoshi clearly didn’t do this, he solo mined for a while simply because there were no users in those early days.
If public mining was available, and no coins were distributed prior to that, the coin wasn’t premined. And crucially, Satoshi never claimed or withdrew any of those early coins, unlike issuers of Shitcoins, who enrich themselves, pic related.

Despite the definition of “premine” being extremely clear cut and objective, apologists for premined coins often liberally redefine and butcher the definition for financially-motivated, self-serving reasons:

>See, Bitcoin is premined too. My shitcoin did nothing wrong!

I don't necessarily like government intervention but many of these tokens, like Ethereum, are fucking scams. Joseph Lubin, consensys, infuria, metamask, etc It's a clear scam and don't know why it has survived this long. One must weigh risk and reward, and I don't see Ethereum as so great that it'll offset this risk. Only Bitcoin and a few others can avoid the regulatory mess.

>>53669758
>usary

>>53669758
>staking program

>>53666297
bitcoin was the idea, ethereum is the execution

>>53666297
Extremely unpopular opinion (don't read if you're part of the hivemind): but Gensler is unironically good for crypto, watch his course on MITOpenCourseware he knows a lot about this stuff and he's honestly trying to weed out bad actors

>>53671305
How retarded are you? If he "premined" or mined them all himself, the effect is the same. Everyone is just taking your word that the anonymous, definitely not CIA/NSA/IMF shithead isn't going to wake up and market dump all his millions of coins, just like all the shitcoiners whom we KNOW their names so maybe there could be recourse. With Satoshi, you don't know. You are a lemming just like the shitcoiners.

>>53671552
>he's honestly trying to weed out bad actors

contrarian to the point of arguing an extremely low-IQ take, you'd make a good CNBC analyst

>>53671488
>1488

based but it seems bitcoin maxis brains have broken from trying to marry "bitcoin is financial freedom" with "the government needs to regulate all cryptocurrencies except bitcoin"

>>53673121
Lending isn't staking.