/biz/ - Business & Finance

>>53710563
at least no one taking over your bank for reperations of something that didn't happen
-preset captcha

they're lashing out as fast as they can because they know they're about to get rekt in the ripple case. it'll be over for the sec after that.

>>53710563
My virtual money will keep going up because those retards keep printing more and fuck with people's money

BTC is the safest thing you can own.

I never trusted centralized USD shitcoins.

>>53710563
This Twitter account was deleted kek. Massive troll campaign against USDC right now.

Jesus Christ, are we really going to war to save our crypto?

>>53712110
>This Twitter account was deleted kek. Massive troll campaign against USDC right now.
HA

>>53712088
>Circle squashes rumors

>a Circle executive rebuffed the claim.
I don't know if that's really "squashing" anything, is it?
I mean Do Kwon rebuffed the claims that LUNA was struggling
SBF rebuffed the claims that FTX was struggling

we just take executives at their word now?
funds are safu?

>>53712230
kek.

They are fucking delusional

>>53710563
Dude that's stable coins, Governments are making CBDC's, which will be stablecoins, that's all this is.

>>53710563
>>53712230
>>53713549
>Literally the first result on Google
Tfw the average IQ on /biz/ is so low they can't even do a cursory Google search on what appears to be breaking news

>>53712096
Without stables btc will nosedive

>>53714938
Wouldn't it go up if people exited stables? Theoretically a good number of them would exit into btc right?

>>53715328
Stop looking at it from your position of a regular shmuck. BTC is heavily propped by stablecoins, if they all get a cease and desist order, the price will instantly fall because all these companies will be obliged to pay back on all of their "backed currency".

>>53712230
>>53714608
Love from Kazakhstan

>>53715409
Therefore the only way to get that money would be selling BTC and all the other crypto they own to pay it back.

>>53715409
Don't be a retard.

>>53710563
you pray everyday for it to go to 0
but guess what

>>53715432
You couldn't even muster a half assed rebuttal?

>>53710563
>stablecoins
they just want that sweet sweet tax revenue

>>53710563
This has no effect on DAI

>>53715328
Who is going to sell you btc for stables if stables are worthless?

>>53715409
There's no legal leeway to ban stables. There are no laws that support such action. Stop fudding you ignorant bastard.

>>53716086
There are no assets more open to regulation or banning than dollar-backed-securities

I don't hold stablecoins since I'm not a cuck.

>>53716101
Stables are not securities. The case is still in court to decide whether eth is a security, we've not even gotten to decide what stables are yet.

>>53716166
If they manage to define BUSD as a security, everyone will follow.

>>53716199
They are not deciding whether it's a security. They're suing paxos because they allege busd isn't backed one to one with the dollar. That's a completely different scope from banning stables. Ignorant retards aren't even informed enough to back up your fud.

This was confirmed fud, literally just google it. There is no Wells notice against USDC. Man, the responses in this thread are like bots - as soon as any fud comes that confirms an anons bias they jump on it and speak as if it is fact. USDC isn't going anywhere you big retards. jesus christ lmao

>>53712067

This

XRP is gonna moon hard

>>53715328
>I can just press sell right?

Your average /biz/ poster everyone