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/biz/ - Business & Finance

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53694394 No.53694394 [Reply] [Original]

Daily reminder BTC is "hard" money that can't be confiscated.

>> No.53694411

>>53694394
what is a paxos? Are they printing billions like tether atm?

>> No.53694467

>>53694394
The SEC is, as always, tirelessly at work rugpulling investors.

>> No.53694483

>>53694467
only the general hoi poloi mom and pop plumber Joe investors though, there is a certain caste that is given every advantage

>> No.53694537

>>53694394
>donate Bitcoin to peaceful government protest group
>government orders that your BTC wallet be frozen by all financial institutions, crypto exchanges, custodians and other private entitites
>they comply.
>custodian complies

>> No.53694568
File: 185 KB, 1142x626, paxos sec.jpg [View same] [iqdb] [saucenao] [google]
53694568

>>53694411
No. Paxos, like Circle has a new york bit-license.
The SEC is picking winners & losers.
picrel is an opinion of what the sec is angling.

>> No.53694583
File: 56 KB, 500x500, 1621401096514.jpg [View same] [iqdb] [saucenao] [google]
53694583

>>53694394
It's not hard money

>> No.53694687

>>53694568
the SEC is trying to get revenge on behalf of sam the loser billion dollar fraud (who they have yet to prosecute)

>> No.53694746

>>53694687
i have a short on bnb right now but i'd rather lose my money on that short and see them throw kikes in america under the fucking fleet of busses that is their destiny to be thrown under.

>> No.53694802

>>53694394
Paxos, FTX, Circle, Binance, Kraken, Bitstamp, Cryptocom, Coinbase, ErisX, Genesis. All of these have one thing in common.

>> No.53694828

>>53694746
binance is pretty resilient
>>53694802
add blackrock to that list

>> No.53695152
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53695152

>>53694687
Also, they are putting the squeeze on CZ as he has been bridging BUSD onto other chains.
BUSD is only minted natively on eth, all other chains are wrapped.
If CZ has been minting w/o 1:1 backing, the SEC has lit the fuse for a squeeze.

>> No.53695601
File: 175 KB, 538x697, 1676259357823374.png [View same] [iqdb] [saucenao] [google]
53695601

>>53694394
What is the sec retard smoking, how the fuck a stablecoin is a security?