3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
Is he actually being unfair or are crypto bros just salty that he's wiping their longs?
>>55243075No, he's genuinely anti-crypto. Maxis are happy because they are retarded. Their goal is still CBDCs. Also he literally shilled alts in 2019. Even applied for binance in that same year. He's a fucking jewish rat
why did he exclude Ethereum?
>>55243108He doesn't have his story straight. Pic rel was 2018. He's going to backpedal as he has now and call it a security>>55243075Also iirc at one point he said most weren't securities.
>>55243075>compromised>establishment>puppetYeah, he's totally on the up-and-up, Anon.
>>55243105>Even applied for binance in that same year.no he didn't.it's poor journalism and it's perfect for you because you didn't even bother to read it.aside from the headline.
>>55243075Unfair years and years to give the cryptospace clarification, the end result is will be all exchanges will be pushed offshore and US citizens being walled off, VPNs won't work. Won't allow a spot ETF only futures etf which are fake and gay yeah this nigger is a faggot
>>55243105>>55243120These are at least 4 years old.People's opinions change in the face of new information, especially with a rapidly emerging industry like crypto.
>>55243141Cope, retard. Binance themselves stated it. It wasn't "bad journalism" Lmao. Comes from the horses mouth>>55243166No, retard. His opinions only changed when he became head of SEC
the second onecrypto has been off the state radar for too longcrypto as a way do crypto transactions in a vacuum are okthe SEC is applying existing laws to the companies that parasite on blockchain and turn it into a nerd casinoonce all the companies that tether crypto to real world are severed and/or regulated correctly, crypto investors will finally be able to sign their jsons all day long without any further intervention from the government
>>55243215>without any further intervention from the governmentagreed, gobermint will surely be sated and abandon all further efforts to destroy that which reduces the power of gobermint
>>55243075He does his job.Its over, for anything but btcThe rest better runs yesterday, or ends in a ditch or behind bars. No opsec, no infosec, open scamming smugness
>>55243215>regulated correctly
>>55243258America =\= crypto lol. Shitcoins/alts will still be around in defi and offshore exchanges
>>55243248discreetly paying for drugs and transferring money overseas are not really new scenarios, the fact that crypto makes them easier doesn't mean government will be outlawing open key cryptography>>55243264that's right!all the security laws are already there, they just need to apply them
Crypto was never supposed to be an investment vehicle. It was never supposed to have rules. Satoshi's vision was a currency that could circumvent government and financial institution oversight to give the little guy a chance. Anyone who got into BTC early recognized this and was likely part of the first Silkroad boom. Those who came after that period have been almost cancerous, some of you are alright but most of you are so desperate to "make it" that you would sacrifice the only thing that made crypto great in the first place.If you are happy about more rules being made for crypto then you are doing so from a self-serving purpose; you lack discipline, principals and rationale. That makes you a Jew, or at the very least someone who would side with the Jews if given the opportunity to do so. People like you are my enemies, if I met someone like you in real life I wouldn't hesitate to hurt you. And your little threats of suing me or a day behind bars wouldn't stop me because i've never participated in any of your little games anyway.
>>55243309>Crypto was never supposed to be an investment vehicle.Wrong. Even satoshi made BTC halvings with the incentive to pump it so that it could gain enough mainstream
>>55243290>some strawman about narcoticsAre you reliant upon gobermint for your paycheck, Airman?
>>55243326I'm sorry, what are the crypto use cases exactly?I mean working and applied in the real world, not in a delusional white paper somewherebuying drugs and transferring money are the only ones I'm aware of
>>55243269Keep being smug. You still have no idea what game you play. The old school knew its place, you the end, deserved so
>>55243309>Satoshi's vision was a currency that could circumvent government and financial institution oversightWhich is why btc's transaction history and addresses are all easily searchable
>>55243341>buying drugs and transferring money are the only ones I'm aware of90% of us bills have traces of cocain, retard LOL. It's actually EASIER to do illegal shit with the dollar unlike when something is connected to a blockchain because in a blockchain, every transaction is automatically recorded. That is not the case with other forms of currency
>unfairUntil he prosecutes sam and redeems fundsu, he's being an arbitrary little bald twat.
>>55243365That's not a fucking counter-argument LMAO. You're just mad because you know it's true
>>55243290>all the security laws are already there, they just need to apply themApply them to SBF.
>>55243375stay smug, that was your mistake from the start. You are going to be on the run your entire life, or make friends with Tyrone for the next 10 to 20 years or if extremely unlucky, dead
>>55243368no it isn'tmonero is supposedly a secure way to pay onlinewhy the fuck do I have to explain crypto to you retard>>55243379seems like they are already applied and the lawsuits are in progressthat doesn't mean the brain damaged investors that handed over their money to the company that uses quickbooks for accounting are going to get their money back
>>55243393>s-stay smuuug!!!!Again, not an argument. As for the rest, it's literally a temper tantrum LOL. Did I get under your skin, tard?
>>55243341This isn't reddit, Airman. You need be sorry for nothing. That you lack the wherewithal to perceive utility beyond narcotics purchases is exactly as I'd expect. Best stick to that state-approved fiat currency; which certainly isn't used to transact the overwhelming majority of narcotics purchases around the world.
>>55243406Blame the idiots that gave you money...Idiots, you should have quit when Sam was fucked, but you kept hustling, instead of laying loew you doubled down, that was your dead
>>55243406>no it isn'tLearn how to use google, you fucking retard LOOOOOL "no it isn't". I guess if you can't handle reality, it just doesn't exist! Weak minded bitch can't accept facts
>>55243406>seems like they are already applied and the lawsuits are in progressNo progress. Delays.>that doesn't mean the brain damaged investors that handed over their money to the company that uses quickbooks for accounting are going to get their money backThen he fails to fulfil the SEC's mandate and should be resigned for incompetence.
>>55243409Keep Molyneuxing, wont save you. I am not your grave digger and executioner, that is the role of others, I just tell you what is
>>55243406Also, nigger, monero is true anonymous money. Everything else is not. Regardless yes, almost all us bulls have cocain because it's dirty money, dumb monkey
>>55243406>the company that uses quickbooks for accounting
>>55243426Again, crying and whining isn't a counter-argument, child
>>55243441Stop projecting, your smugness, your arrogance, your open scamming nihilism and retardation when it came to considering that 5 eyes is a thing is your end. You were warned, you kept hustling
can we sue him for ruining our finances?
>>55243462you can kill yourself, might be the more sane options for not just a few of you
>>55243456I'm not projecting. Your posts are literally non-arguments and whining because you know I'm right. Stating facts is projecting now?LMAO
Meh, I'm invested in projects outside of what he has his eyes on (BTC, VRA, XRP, AVAX):> BTC - he already declared it a commodity> VRA - devs are hella smart, they keep VRA outside of USA exchanges so no fud can impact VRA outside of "muh warchest"> AVAX - Emin is part of the CFTC advisory board, so Gary would be opening a can of worms by going after Avax> XRP - Ripple will win the lawsuit
>>55243424>Then he fails to fulfil the SEC's mandate and should be resigned for incompetence.the lack of attention from government is exactly what caused this. SEC is trying to remedy that by applying actual laws to your shitty onboard ramps and is vilified for that. Why is that?>>55243419>>55243416you aren't telling me anything new, cultists, but you fail to explain why exactly the government is supposed to be afraid of the cryptothere is still no crypto technology that is supposed to threaten the state
>>55243471>being this much of a kike>"gary is a good man!">he's pro CBDCs >he only became anti-alts when he became head of the sec, not because "he saw the light!"lel
>>55243481>explain why exactly the government is supposed to be afraid of the cryptoTheir actions speak for themselves, retard. If they weren't afraid, they wouldn't be trying to bring it down. Luckily the u.s. isn't the world. Everyone else just laughs at how lich of a joke this shithole is
>>55243481Are you posting from a non-standard temporal location, Airman? Perhaps somewhere in the 1990s?
>>55243476I am not here to argue with you retarded amateur scammers. I am here to mock you after trying for too long to tell you to cut it out>>55243488Your generations crypto hustler and corporations masking as foundations really deserve everything coming for them and being liquidity for uncle sam. Its not about laws, its about real politics
>>55243506you are schizophrenic>government is responsible for FTX and other crypto scams because it didn't apply laws to it>but government is trying to shut down crypto by applying laws to crypto scams
>>55243309>Those who came after that period have been almost cancerous, some of you are alright but most of you are so desperate to "make it" that you would sacrifice the only thing that made crypto great in the first place.Maybe because there’s no more ways to make it outside of crypto anymore. The government has fleeced almost every prior business opportunity over the last 5 years. Crypto is all we got left
>>55243520thats what a drug addiction does to a zoomer. He is going to become sober, behind bars or by dead. That's not my call
>>55243471you're pathetic
>>552435181. Again. Crying isn't an argument. 2. Read above. Another case of whining
>>55243526Once more people realize that the casino gulag is all we have left they’ll find new ways to on-ramp despite the governments best attempts to chokepoint
>>55243481>the lack of attention from government is exactly what caused this.And that lack of attention is continued until funds redeemed from SBF.>SEC is trying to remedy thatWrong, See above.>by applying actual laws to (((arbitrarily selected))) onboard ramps and is vilified for that.FTFY>Why is that?See the brackets.
>>55243520and you're a retard. >>government is responsible for FTX and other crypto scams because it didn't apply laws to it>but government is trying to shut down crypto by applying laws to crypto scamsNot all laws are good or for your protection, moron. That's a slippery slope argument That one tiktok ban act for instance had 1% to do with tiktok and 99% to do with controlling you big brother style (watching you through home cameras/laptops/etc.). You're a moron bootlicker
>>55243539>>55243542As said, you were warned for months to cut it out and lay low and being smug forever online drug addicts hustling with scams openly is what broke your neck. Not here to argue with you, get lawyers, though it wont help youWaiting for the twitter campaigns organizing a dozen idiots with signs before the SEC in DC like those the protested for Ross
>>55243533Who's projecting now, retard? I've also been here since 2018 unlike you posers that barely got in LOL. I used to be a retarded maxi too btw. Not a full on retard, but like 90%
>>55243566More smugness. Should have stayed a maxi, now its max security
>>55243562as I said, america =\= u.s. Learn to read. Is your brain that fried? Offshore exchanges and defi is here to stay. Your crying isn't going to change that
>>55243566>checkedYou never go full retard.
>>55243572Another crying bitch post instead of using facts to act as a rebuttalLOL
>>55243166>People's opinions change in the face of new information>T. Gary
>>55243573You think defi is going to save you?Off shore exchanges are going to save you?Run
>>55243553>>>by applying actual laws to (((arbitrarily selected))) onboard ramps and is vilified for that.>FTFYyou seem to not understand how US law worksthey will go through motions and set a precedent with this case that all other crypto exchanges will have to conform>>55243557who chooses which finance laws are "good"?certainly not braindead crypto cultists and instead a case law spanning centuries that dealt with all kinds of shitty security bubbles over the years
>>55243593>with this caseWhy not with the FTX case?
>>55243599because it was different?FTX actually defrauded their """investors""" and used their """investments""" to prop up their shitcoin behind the scenesbinance has not been caught doing that and is a simple all-in-one broker/trader/exchange that is forbidden under the law because it brings all kind of wrong incentives to the company
>>55243526>Maybe because there’s no more ways to make it outside of crypto anymore. The government has fleeced almost every prior business opportunity over the last 5 years. Crypto is all we got leftThey don't think it be like it is, but it do.
>>55243590>You think defi is going to save you?Off shore exchanges are going to save you?Sec can't touch it :)LOL>>55243593>who chooses which finance laws are "good"?In america, the jews. They don't have your best interest in mind
>>55243593Also nice job ignoring the big brother shit I mentioned, but you'd rather ignore that because you have no argument when it comes to corrupt shit, huh? LMAO
>>55243628FTX was registered in the Bahamas. States cooperate, corporations registered in states that you consider off shore are more than happy to help the US out. You really fried your brain
>>55243640Uh no, stupid ass. By your logic, all alts would have been banned everywhere already, you absolute monkey. No, retard. America isn't the world
>>55243620>because it was different?How so?>FTX actually defrauded their """investors""" and used their """investments""" to prop up their shitcoin behind the scenesThat is not all they did. You are cherry picking your information. They are guilty of everything binance is accused of. And SBF is currently holding funds that belong to others. Are you telling me this is legal?>is a simple all-in-one broker/trader/exchange that is forbidden under the law because it brings all kind of wrong incentives to the companyAnd FTX is not?
>>55243075It's just crypto bros being delusional, lazy, neet faggots.
>>55243108ETH is definitely a security too, but it's too big to fail.
>>55243075He smelled blood and went for it to gain useless fiat
>>55243633>>55243628conspiracy bullshit isn't an argumentyou're deliberately going off on a "big brother" jew tangent because you have no argument on the topic>>55243648>They are guilty of everything binance is accused of.again, just because one new groundbreaking case was filed against one company and another against another company doesn't mean the resulting precedent won't be uniformly applied everywhere
>>55243648Ftx used FTT as collateral and went all in with customer funds so it wasn't backed 1:1. The jew sam unironically would have still remained and could have kept his scam going if he wasn't a fucking degen with how he overleveraged. Btw Gensler had private meetings with Sam. He knew, but didn't care because it was all a part of the agenda. There is ZERO proof of binance commingling funds btw. They tried to pull that shit during the end of last year too and failed. Coordinated fud as well to trigger a bankrun and binance ate that shit (withdrawals) like nothing
>>55243647So you are thinking you are safe on some island? Or that after the eth scam was choked some random alts form 2018 - 2021 are going to stay relevant?Holy fuck, you zoomers. I am done here, enjoy the short rest of your life as a free running idiot
>>55243669How is the tiktok shit I said a conspiracy? It was literally a written out bill LOL But sure "government can do no harm". Naive retard. And no, I mentioned the big brother shit to give you an example of corrupt laws they want to pass, you fucking bumpkin. Keep up. The financial laws also are cherry picked. What do I mean? Securities for the rich. Not for retail. Pic rel. They don't want goyim to make money. It's only okay when the rich do it "for your own protection" LMFAO
>>55243676I've literally used offshore exchanges since 2018 or so. 0 issue. Yes, I'm safe :). Your retard low IQ level of fud won't change reality. Also no issues with defi either
The reason he’s being going full retard for burgers is fedcoin, pure and simple. To make it completely within their control and to reduce hoarding and incentivize spending. It isn’t the end for American crypto, but the hoops we’ll have to jump through will be much more astronomical. I can see this leading to a catalyst event where whatever does end up in off shore exchanges/private wallets will end up out of the country permanently. There’s going to be a lot more expats, not even necessarily because of crypto, but because it’s a sign of a more tyrannical regime having completely taken over and don’t care to be on the ship as it’s sinking.
>>55243690>The financial laws also are cherry picked. What do I mean? Securities for the rich. Not for retail.of course they are cherry-picked and rich people have army of lawyers and accountants to play within the system>But sure "government can do no harm"government can do plenty of harm, but applying existing security laws to nerd casino is not "harm" and no amount of whining will change that. Bringing up new laws you consider shitty does nothing for your argument that crypto is being targeted "unfairly"
>>55243669>again, just because one new groundbreaking case was filed against one company and another against another companyAre you saying the case against FTX and SBF are 'groundbreaking?' Which grounds have been broken? I see only stagnation and delay combined with redirection of available resource into an entirely different case. The SEC has this manpower? To pursue all these cases simultaneously despite their head being under investigation himself? Do they not have less than 5,000 employees, most of whom are administrative? >doesn't mean the resulting precedent won't be uniformly applied everywhereIt already hasn't. Why do you keep ignoring that? One law has been applied to one company and another to another company. Both guilty of the same crimes.
>>55243734>of course they are cherry-picked and rich people have army of lawyers and accountants to play within the systemexactly, dumbass. Some financial laws out there are not for your benefit >government can do plenty of harm, but applying existing security laws to nerd casino is not "harm" and no amount of whining will change that. Bringing up new laws you consider shitty does nothing for your argument that crypto is being targeted "unfairly"pic and link relhttps://www.coindesk.com/policy/2023/06/07/robinhood-joins-coinbase-in-saying-it-tried-to-come-in-and-register-like-sec-wanted/
>>55243734Now you are outright arguing for laws to be applied selectively.How can you pretend to have justice as a motive while doing so?Do you not instead have a personal agenda against crypto that would influence you decisions in this way?It is arbitrary and unworthy of the courts.This obvious abuse of law should be dismissed entirely until investigation into the SEC is concluded.
there's still more I do with crypto faggot, I paid for a hotel accommodation and book my flight ticket with alternative airlines and paid with crypto using one of the crypto payment services.
>>55243748>>55243767>Which grounds have been broken?classifying shitcoins as security?applying existing broker laws to crypto on ramps and traders?>It already hasn't. Why do you keep ignoring that?you seem to continue to ignore the fact that precedent is going to be set here>>55243760from your article>a category of assets whose borders aren’t yet well defined. Meanwhile, the companies trying to navigate a path as compliant crypto firms haven’t yet demonstrated a fully formed business model.>However, this compliance dispute is no longer in the hands of the industry or the SEC but will be decided in the courts.>"We have to go to court and really see, otherwise this industry is just not going to exist in the United States," Coinbase CEO Brian Armstrong said in a CNBC interview on Wednesday.which is exactly what is going to happen with these lawsuits! And everyone will go on their merry way after complying with law afterwards
>>55243690Those restrictions are to prevent small retail investors losing what little they have to more sophisticated traders and scammers. Just like it happens in crypto.
>>55243784>classifying shitcoins as security?>applying existing broker laws to crypto on ramps and traders?Back to the start.Only pursuing select exchanges while ignoring others despite the same laws being broken is 'groundbreaking?'>you seem to continue to ignore the fact that precedent is going to be set hereYou seem to continue to ignore the fact that FTX is guilty of the same crimes as binance.Why?
>>55243767Your conversational partner enjoys using the term "cultists." That would seem to preclude the possibility of an unbiased or respectful exchange.
>>55243784He's making things vague to sue because suing is easy money. You don't get that though >>55243797>pwease protect me, gomerment! I'm ficking retarded! Think for me!Stupid ass take. "Steal my freedom for my own good!". Fucking cattle
>>55243803>>Only pursuing select exchanges while ignoring others despite the same laws being broken is 'groundbreaking?'correctcheck this out: https://en.wikipedia.org/wiki/Precedent>You seem to continue to ignore the fact that FTX is guilty of the same crimes as binance.I don't understand, why would you want a lawsuit that will decide whether cryptoshit being viable to be filed involving the company that actively defrauded their ""investors"" using the same cryptoshit? Can you not see how bad it will look in court? Binance appears to be much more capable of defending this space
>>55243797Just like retail stonks traders are protected from institutional stonks traders. Gotcha.>_thumbs_up_emoji.png_
>>55243840>correctSo you admit the current laws haven't been applied equally?>why would you want a lawsuit that will decide whether cryptoshit being viable to be filed involving the company that actively defrauded their ""investors"" using the same cryptoshit?>Can you not see how bad it will look in court? So now Gary is on cryptos side, despite his own claims otherwise, but isn't interested in pursuing law for protecting of retail?And why have you still not addressed the fact he is under investigation which relates to the very case he refuses to pursue in favor of another case against a different exchange?
>>55243840You discovered capital letters, Airman! We're witnessing evolution in real-time. Or is this simply a change of shift? I hope the last guy didn't litter your cubicle with cheetos and broken dreams.
>>55243195>binance stated itOh well then it's settled, we can surely trust them about the person CZ is in mortal combat with.
>>55243913>>So you admit the current laws haven't been applied equally?the question is actually in application of current security law and how exactly should they be appliedcome on manI'm sure if any other crypto shitchanges will have any unique perspective on this, they'll file a motion to be included in the lawsuit>So now Gary is on cryptos sidehe's a fucking government employeeif he's under any investigation, I'm sure that that will come up in court assuming binance lawyers are not braindead
>off shore>saveThe total state of this generations crypto nerds
>>55243950Yep, USD backed stablecoins alone make it impossible for them to decouple from the US. It's actually over for any exchange that deals with them, which is pretty much all of them.
>>55243946You evade many of my questions. I have to assume you don't know what you're talking about.>the question is actually in application of current security law and how exactly should they be appliedNo the question is why the current laws have not been applied to FTX?>if he's under any investigationThere is no "if." He is under investigation.>I'm sure that that will come up in courtAre you? And what will happen then?
>>55243974they solve the bond market problem. 100 Million from usdt and usdc, the rest from a stock market melt down
>>55243944>this is the best kike copers can come up withlol
>>55243986>No the question is why the current laws have not been applied to FTX?because they haven't been applied anywhere yet?>Are you? And what will happen then?well, the court will take that under consideration and use that when making a verdict on the caseorrr, if you're schizophrenic you can think that binance jews will hide this fact and jews will sabotage the jews to get more money for jews>You evade many of my questions.you need to make a point first and how your questions relate to the topic at hand. I fail to see how what the guy claimed at one point or another makes a difference for the lawsuit
>>55244034>orrr, if you're schizophrenic you can think that binance jews will hide this fact and jews will sabotage the jews to get more money for jewsThat is rather paranoid and cynical of you. Petty.>>You evade many of my questions.you need to make a point first That is not how questions work.Further answers are not needed or wanted. You make yourself unintelligable delibrately or by accident. Evading necessary questions or being ignorant of the answer. Sticking only to a few select points you want to make or being ignorant in regards to others. Providing no clarity whatsoever when you do manage to answer what i ask.
>>55244107there seem to be a disconnect between us because I'm in US and I know how the court and law system works here. I watched rittenhouse trial from start to the end and it was quite illuminating for mewhat you seem to be implying is some sort of collusion in SEC to not pursue some investigations and that not what I seesince you are the one with extraordinary conspiracy claims that clash with reality, you are the one to provide proof of that and so far I've seen some facts that I don't see affecting the lawsuits in progressit's ok to think in magical terms about the government and laws, we're on 4chan after all, but I don't see how that translates into winning arguments
>>55244148A cultist AND a conspiracy theorist! What are the odds, Airman?
>>55243075He is literally giving TV interviews asking why we need crypto when we supposedly already have a "digital dollar" which isn't even true, its a mischaracterization of digital banking, but he is obviously towing the political line by parroting biden/dem anti-crypto talking points. And read the suites, they want to impose purchase limits to stop capital flight to crypto. Its obviously a move to protect the dollar, they don't give a single fuck about securities laws or "protecting the public" lol
>>55244211those are well studied comorbidities
>>55244148>I watched rittenhouse trial from start to the end and it was quite illuminating for meThis does not make you an expert in financial law.>what you seem to be implyingI imply nothing. I state fact and ask relevant questions.>since you are the one with extraordinary conspiracy claimsThis is not my claim. I opened no investigation. That was another government body.> I don't see affecting the lawsuits in progressOkay.>I don't see how that translates into winning argumentsHas this been your purpose all along?So you are not interested in informing anons. Only winning arguments.It follows that winning the argument is more important the justness or truth of either side.
>>55244245>This does not make you an expert in financial law.it doesn'tit does however make me aware of precedent law system that you continue ignoring>This is not my claim.ok, so you say that you don't really have a point in bringing those questions up?>It follows that winning the argument is more important the justness or truth of either side.what kind of "justness" do you expect on /biz/ thread? I'm not a judge>Has this been your purpose all along?>So you are not interested in informing anons. Only winning arguments.I did inform you in first post that crypto is going to be regulated, the shitchanges are going to conform, the whinging about SEC "attacking crypto" is nonsense and you decided that that was not informative for you. Don't pout about that if you don't want to accept it
>>55243105If you think he is anti crypto, you're literally a illiterate nigger who deserves to live in poverty his last days, he is doing and excellent job eliminating that group of scammers of chinance and Coinbase , hopefully, them bitfinex and tether will be next, BTC will thrive when this parasites get eradicated.
>>55245121>anti crypto, >a illiterate nigger >he is doing and excellent job>group of scammers of chinance and Coinbase , >hopefully, them bitfinex and tether >when this parasites get eradicated.Shitskin ESLcels like you have no right to call anybody else illiterate niggers.
>>55243075Do you want to live in a CBDC controlled techno-dystopia? If no then your only out is crypto, as in all of it. Decentralized and multi platform. Biz brainlets celebrating here are either stupid beyond belief or WEF jew shills. There are no other possibilities.
>>55243166no. also nice newfag WEF jew shill spacing.
>>55243258BTC is last on the list to be taken out. the gensler gameplan is to take out crypto one bite at a time to keep resistance minimized. last thing SEC wants is a full battle against every crypto community on the planet all at the same time. Ethereum bros better wake up to this and fight while they have others to fight with. Bitcoiners are a lost cause and will go out like the govt asslicking bitches they are, if it gets that far nobody will give a fuck and they will have no help from the "crypto" bros they've been spitting at and shitting on for the last 5 or so years.
>>55243341JEW detected
>>55243108Eth can be printed into infinity just like the dollar
He's the greatest thing to happen in a long time. He's making it so capital market investors can pull out of an overbought market and buy crypto all summer at a bargain so the palladium bullrun can kick off around the halving next year. You should thank Him. When cex can reemerge they will be more solid than ever and create more opportunity to build wealth from the ground floor.
>>55243797>government protections™: visualized
>>55243075He has an obvious vendetta against cryptocurrency and it's also very clearly not in good faith. He was super interested in crypto and even supportive of it before he got his orders from Big Banks (Warren)
>>55245121Binance maybe, but goybase (whether we want to admit it or not) at least has done literally everything they can by the book for the IRS and every other government entity and they’re still getting the foreskin fan club. It’s definitely a vendetta he has. Probably 2021 when he was buying the top and got dumped on by a bunch of neets.
>>55243075just look at him anon
>>55245121fucking retard normie redditor take, just go back already you stupid fucking nigger
>>55246526kek
>>55245448Definitely not anon, there are going to be interesting times ahead but I'm sure not touching that CBDC even with a 10 ft pole. I'd rather continue stacking Ltc and Joe which have a trader grade of over 80% on tokenmetrics and a strong profit factor.
>>55243075He is evil and corrupt. For years everyone has been asking the SEC what the rules are so they could follow them. He gave them no rules. He did absolutely nothing when his best buddy Sam Bankman Fried committed blatant fraud 1000x worse than anything Binance ever did. Instead of "protecting investors" or whatever he claims to be doing he is weilding his power like a drunken maniac trying to crush crypto instead of providing clear rules and regulations like his job is supposed to be.He never once acted in good faith. He is an agent of evil.
>>55243269Kek no worries...at least I can anonymously dive into Defi and get in on that sweet LP action.
>>55243075I don’t get it. Why didn’t he start lawsuits etc in 2021 when there was an even bigger problem?
>>55247413crypto was in a position of strength then, it isn't now
>>55243075'fair'? This is /biz
>>55247413He's a kike and his kike buddy SBF was swindling masses of goyim and giving him a taste. That's it. That's the reason.
>>55243658>but it's too big to fail.My IQ isn't very high, but it has been urging me to keep bagging eth that has been sitting in the sylo wallet for a while.glad I was able to convert my Solana a few hours before the crash and didn't ignore the warning, albeit I still have other alts in a bloody mess
>>55247442Crypto doesn’t seem to have a say though, and 2021-2022 more people were getting swindled. Most irl people I’ve talked to cut their losses in 2022 and said they’d never touch it again.>>55247494But that doesn’t make sense, his role is to stop people from doing that exact thing
>>55243075>Go in hard on crypto>Ignore all the bullshit that Wall St doesVery fair goy.
>>55248167Fucking hypocrisy. An you know (((who))) runs Wall Street. They want the goyim enslaved.
There is some anti-crypto in it, but it's mostly cryptobros being disingenuous. They keep crying that the regulatory bodies are not "clear enough" and that the proper regulations do not exist. They always try to make it seem like these companies are just victims of politicians who don't understand crypto and them getting hit by regulators is unavoidable because they don't have any guidelines. What they leave out is how many times these companies were explicitly told in clear language what was acceptable and what wasn't many times. Securities, audits, laundering, staking etc. Crypto finance companies have to follow the same regulations as everybody else. This is not acceptable to crypto companies, because they either believe they deserve special treatment, or are running and thinly veiled scam which any decent regulatory body will discover immediately.The SEC has never been vague with these companies, especially when it comes to things like staking, Crypto companies just didn't do a single thing when warned.
>>55243520You are trying to argue with morons. Don't bother. They won't answer your questions, they'll just accuse you of being a joo and move on.
>>55243105>GOYIM YOU MUST USE THE DOLLAR OR ELSE
>>55248167>goyim pls pls invest in the stock , pls fund the boomers retirement , pls buy US bonds
>Crypto is literally financial freedom and cannot be touched by le ebil joo WEF gubermen>Increasing seethe at le ebil joo WEB gubermen diddling with itDare I enquire, which one is it?
>>55249136It's evident from your language that you have already made your opinion on the topic.Why would anyone take their time with you? That's a rhetorical question. Adjust your attitude.
>>55243075He is just wiping at longs, he is just after alts at the moment, better to convert into stables at the moment and just stake for passive income and relax. I did the same with Astradao
>>55249170One of the fundamental arguments for Crypto is "financial freedom" and the ability to do things without government oversight or enforcement. As it turns out, almost all Crypto, with a few exceptions (for now), is directly susceptible to government oversight and enforcement. This in turn removes Crypto's purpose as anything but a speculative asset which I am guessing you have heavy bags in.>W..Why should I take my ti..time with youYou don't need to take my time. However, plenty of you are misguided investors that needs to come out of your /biz/ safespace and see what's happening in your ecosystem. Every other crypto space is either going on fire or running off to unscrupulous countries. Changpeng is hiding in a non-extradition nation for no specific reason. FTX is gone. More and more banks are closing their doors to transfers. More and more countries are shutting down access. The writing is on the wall and the utter head-in-the-sand attitude is not going to serve you or any others.
>>55243075He's a frontman doing what he is told to do. Yeah he's a sniveling little jew but he's just a puppet like all heads of departments.Killing him won't do anything. They will just find another puppet, and so on and so forth.
>>55249221I never stuttered.Conflating bitcoin with other cryptocurrencies is a stance that many ignorant onlookers make. If you want to learn the fundamentals of bitcoin and why it has captured the interest of millions, you can read the white paper online for free.
>>55249097But here's the thing: what is defined as a security in crypto? You'd think Ethereum would be, but Gary can't even say if it is or not.
>>55243844yeah but that's not the problem of the laws, it's the problem of the laws not being enforced because wall street owns the sec basically
>>55246101>hurrrrr look at all those -99%t. retard who doesnt understand vix short etf
>>55245121>btc will thrive when every crypto exchange is wiped off the face of the earth and you have no way to buy or sell it anymoreOk retard
there is no denying that LINK is the premiere example of an unregistered security, complete with ICO and deliberately vague statements to make buyers believe that price will go up. it's great to have clarity on this issue
>>55249372>here's the thing: what is defined as a security in crypto? You'd think Ethereum would be, but Gary can't even say if it is or not.It absolutely is. Gary is a coward for not saying so.
>>55243658>ETH is definitely a security too, but it's too big to fail.If the value of Ethereum goes to zero tomorrow, what actually occurs? What industries fail as a result? What jobs are lost? What homes are repossessed? Who goes into spiralling poverty as a result of Ethereum going to zero? The concept of "too big to fail" belongs to companies who have such a stranglegrip on society that their collapse would lead to chaos (And in such a case, the government would directly possess or gibs). Ethereum has no inherent value or use outside of a niche crypto space where it is used a speculative asset. It's collapsed would go virtually un-noticed by the rest of the civilised world.
>>55243075He is not being unfair , crypto projects mostly have been pump or dump, I feel projects which are working on healthcare should get importance to governments all over cannot fuck it. Immunify Life is working all over Africa to achieve the same.
>>55249607will fucking doctors will use blockchain , what you smoking nigga ?
>>55249634This is why you need to go to school get basic education nigga, they will empowering data collection on blockchain which could be used for researches.
>>55249647hahaha, why would they need a fucking blockchain when they have healthcare networks set up for decadesdelusional views and lies from crypto bros is the reason we are at this point.
>>55249448t. vix leverage short ETF fund manager
>>55245121You do realize that the only reason BTC pumped is thanks to them?
>>55249097Agree Gary. They don't need tokens, they can do ipos and if they want to work with blockchains they can do so without raising capital outside of regulations and flooding everything with tokens not needed. Burn it all to the ground, you have my blessings.
>>55243366Back then pseudonymity of wallets was enough. Anyway, I'm glad Monero picked up on Satoshi's original vision.
>>55243075>put up no rules>you broke the rules!yeah very smart and exemplary behavior
>>55251386There are rules. Just because you can clone a github doesn't give you the right to raise capital outside of regulations and "printing" your own money. The tech bruhs and crypto corpos deserve to be fucked and broken
>>55249561ethereum is actually useful though. its value will never be zero and it will always exist as a network
>>55243075Fuck you dumbass. I don't care about SEC because NexeraID will help me achieve compliance.
>>55251459Meth foundation got the heads up in May, cashed out 8000 rocks through Coinbase to pay for lawyers. Meth is going to be the xrp of the next cycles, and then just die
>>55243075Fuckin loser, should fall down some stairs
Think about how fucked up "accredited investor" rules even are. Basically saying "you working class mouth breathers arent smart enough to invest and belong working in the mines. Know your place"
>>55251903Those rules are changing. It's going to be more like the realtor field. Yes you have to get some certificate to prove that you are not a total mouth breather but that's a good thing.
>>55243075He is trying to impress his new boss. He wants to be Treasury Secretary.
Glad to see someone finally ending the ongoing criminal scam that is cryptocurrency.
>>55243075He's a liar, crook, grifter, scammer, and loserHe will lose here too, on the biggest stage
>>55251919would honestly be fine by me. Some kind of 3rd party test you have to pay a few hundo for to take so that normans can't just stumble into this shit so they're still protected and we're fucking done here. Doesn't have to be hard
>>55251973>a few hundoIt costs a million for the loiscense
>>55243108Probably has big bags.
>>55251991we're talking about changing the rules friend. But also that's not the only way if you wanna talk about how to become an accredited investor. It can be done without having a million, it's just a pain in the dick to setup and probably not worth the effort because at the end of the day, these unaccredited opportunities usually aren't always that lucrative anyways.
>>55251973Absolutely and that it is going to be. It's the most rational way forward. Bored housewives, that use their husbands income to manage the finances of the household after some courses, as it was for the most time, before the jew thought woman need their own income to buy shitThe balance is going to be restored again. Thank the gods and praise enlil for doing his thing and never taking a no for an answer
>>55245166>ESLcelsI kek'd
C R I M I N A Lhttps://twitter.com/NbdyDsItBtr/status/1667505817359114240?s=19
>>55252081And? Does it change that the majority of tokens, icos and other shit wasn't meant as a way to raise capital outside of regulations while baiting retail and stupid vc into assuming the work of those companies and foundations raising capital would make them a roi. Piss off
>>55252004>we're talking about changing the rules friend.>we'reYou and who else? Post proof.>probably not worth the effort because at the end of the day, these unaccredited opportunities usually aren't always that lucrative anyways.I don't believe you.
>>55252125>SluuuurrrrrpThat's the sound of you sucking Gary's cock>SluuuuuurrrpOh look your mom joined in
>>55252175Go organize a protest so everyone can laugh about your grift industry tech bruh. You really deserve what is coming for you. You took it too far scammers
>>55243526>Maybe because there’s no more ways to make it outside of crypto anymorelmfao
>>55252193Bitcoin only since 2011, bought some PEPE for the culture in MayI can shitpost until I die, retardGensler is still a fag and you're part of his fellation nation, cope forever
>>55252291>CultureIt was a poor astro turfGo make signs protest before the SEC make everyone laugh about you grifters and fuck off. No cooperation with grifters
>>55252315Massive profits for me, I'll probably already be in whatever you pump for me next, see you there, L O S E R
Didn't think fucking guy apply for a job at binance and was denied before he became SEC chairman?That's gotta be a conflict of interest. What the fuck is wrong with our legal system. has it always been this broken?
>>55252349That's the problem. Non of you grifters that came after 2015 ever cared for crypto. Just scamming like you did with begging for donos and ad shekels on jewtube before. Only this time, it's going to make you get fucked by the sec and wear pink. Deserved so. Now piss off and tell the mods they are liabilities and won't even get the chance to wear pink
>>55252377You literally post like a pee-in-pants retard, what time does your shift at Jimmy John's start?
>>55252398I don't even get your reference. You lost touch in your scammers mind. The IRS, the SEC and DOJ is going to have fun with your kind. You were warned you thought seriously you could make this your career. Get fucked
>>55252377you btc maxis retards can only rely on daddy gov to make the competition go away
>>55252524We never relied on government. That's the entire point. You on the other hand basically were just treasury bond grifters that replaced YouTube donos with shitcoins. Now it's the end, literally
>>55252447YESSSSSSS KING I hope Pentoshi gets arrested so bad. Merit Circle went from $10 when he shilled it to under .20 last I checked. He is the biggest scammer of all, also an FTX shill. I'm pretty sure DonAlt was on the FTX payroll tooGary I have receipts if you need them
>>55252546>We never relied on governmentoh yes you did, you kept crying about "muh unregistered security!!" when it came to eth and other coins when they became more useful than btc. you were praying for daddy gov to come and save your dominance in the market
>>55243075He is cleansing the world of centralized shitcoins and exchanges. He is one of the good guys. Sorry Pajeets.
What will happen to coinbase? Will dollar deposits continue to work?
>>55252524LMao you're a foolHave you been here the past cycles? The only reason alts exist is so the devs can take your btc and leave you with a useless bag
>>55252768>more useful than btcno. you had memes on a centralized coin with a weak network that no one uses . The reason btc is useful isnt because of tps or whatever other meme you guys preached.
>>55252864Keep deluding yourself grifterWhile you new fags and social media scammers relied on innovating with scamming defrauding and other criminal activity btc innovated with technology and more efficient use of energy. You are fucked and you have been your grave diggers
>>55243215
>>55253122Your grift is done. If you are lucky and don't have the doj or the irs ass rape you, go back to twitch and YouTube grifting
>>55243658>it's too big to fail.already has, people just use their shitty network and pretend it's fine.
>>55253186It's motivational speeches trying to keep new fags from running through the door while they either leave the game or make the first smart decision in 7 years and get into btc, which is going to back the off shore cexes that until now relied on us treasuries
>>55246128i'm amazed at how childishly evil it all is, "PLAY BY OUR RULES" "okay, what are they we're 100% on board with normalizing crypto markets" "NEH, WE WON'T TELL YOU, HAVE A LAWSUIT"
>>55253227Go back grifter. You better do your motivational speeches and attempting to drum up support on reddit and twitter
>>55253247>>55253202and who exactly am i drumming up support for? you're statements aren't even complete thoughts.
>>55252864>centralized coin with a weak network that no one usesthere is like 5x more value settled on eth than btc. doesn't matter if it's memes. go take control of ethereum if it's so easy.>>55252930>btc innovated with technology nice meme. ln sucks. way more innovation and community on eth.>more efficient use of energyimagine saying that talking about pow.>>55252852>The only reason alts exist is so the devs can take your btc and leave you with a useless bagthe only reason btc exists is so the miners and early buyers can take your $ and leave you with a useless bag
>>55253278You try to get people to be angry at the sec for fucking you grifters grift, here are only ancient fags left, that are more than okay with the sec raping your grifts a new one>>55253294Qubit miners are going to be the next innovation. Using alternative energy sources is the innovation. You on the other hand jewish grifts like icos, (((staking))), social engineering of poor fools... You are dirt, scum and deserve the ass raping
Is he jewish?
>>55253294Imaginary value just like non existing shares. Eth is overpriced
i saw a video on twitter where he was shilling algorand on stage like 5 years ago and now hes saying its a security? what happened
>>55253393Go back to twittretard. Never use this platform again and stay away from btc social networks mouth breather
>>55243075Fuck youFuck SECFuck USAUAE has embraced cryptMKLATAM has embraced BinancePay
just the yanks trying desperately to hang on to the USD world reserve currency
>>55253460The UAE is not even 1% of the liquidity you idiot. And no, Americans are not going to migrate to anywhere to give grifters and scammers liquidity
>>55253373>ha! eth dumped 81% during that bear! scam! not like my dear btc which only dumped 77%
>>55243341Come on, man, I've come across way better use cases than what you just mentioned. I've witnessed crypto being utilized in the metaverse, and I've even paid to recharge my electric vehicles using RIDE tokens thanks to their partnership with QoWattEcosystem. I'm pretty sure there are more awesome use cases out there that I haven't even discovered yet.
>board is about crypto, metals and stocks>2/3 of them hate the FED and SEC outrightGee a lot of real organic posters in this thread licking the government's boots >the jew cries out in pain as he deletes your post
>>55243075they cant let an uncontrolled system replace their controlled system. they have to kill it by any means necessary
>>55243108Are you stupid?
>>55253608by allowing the casino to operate for a few years, closing it will probably be enough to pull the corn down to hell where it belongs
>>55243075Oh, he sure thinks he's a genius, huh? That fucking idiot wants to cash in on something we'll surely uncover soon. Well, you know what? It's actually a prime time to load up on my spot bags, so I'm grabbing some Rlc and Sylo. They seem pretty solid despite this goddamn turbulent market.
>>55253613After the treasury bond scam stables are got fucked and more illegitimate cexes got the bkex treatment, what do you think legit cexes are going to use as main currency? Yes btc of course
>>55253406kys faggot im a big player in the cryptoverse. look me up @tradinglord
>>55253641good luck cashing out your videogame money
>>55253709P2P. There is always a demand for btc, you just have to know where and how. No not going to share until the last rat drowned in the bucket
Fuck you jannie.
>>55253584this is an equivalent of redeeming carnival tickets for a big plush bear. Sure you can do that and that proves the tickets have "value", but it is not a new technology, doesn't scale for shit and doesn't offer anything new over credit cardseverything you listed is "paying for services" and we already have that
>>55253884No you /smg/ freak not getting it. A carnival ticket relies on the ticket company that relies on the owners of that company making deals with the carnival people while all is overlooked by the creditors of both, which are banks. Not in btc, no company involved, at best mining companies investing energy and hardware into validating the transactions and getting fees and subsidies by the network
this is a testi'm testing the spacingof 4chan postsso please don't hurt megarrygensler
long term this is just noise >bitcoin is dead for real this time!!
It's worth repeating over and over again since bitcoin /biz/ is once again awash in legal takes from folks licensed to practice law nowhere on earth: What the SEC says in a complaint is not dispositive or precedential. What a federal judge says is.Justice Gorsuch from a case last week: "Naturally, Congress remains free to revise the securities laws at any time, whether to address the rise of direct listings or any other development. Our only function lies in discerning and applying the law as WE find it." (emph. added) Which is all to say Gary's opinion is sort of, to quote Lebowski, just, like, his opinion, man. And an SEC complaint does not mean coinbase has lost or will lose. It just means both sides now get to present their respective arguments on the issues in federal court. We could get into the weight given an agency opinion, Chevron deference stuff, etc. but Chev deference is not long for this world, so we won't.It's amazing how many conclusions one can leap to from a "Coinbase sued by SEC" headline when it's run through the information filter of whatever in-group one belongs to and promulgated by folks who, though well-meaning and intelligent, miss a lot of context. Altcoins are not dead, Eth is not dead. Btc is not suddenly the triumphant last man standing, marching shoulder to shoulder with the SEC toward a benevolent future of righteous SEC compliance. This process will drag out a long time before any meaningful resolution is reached. Also, my brethren, the SEC is not wielding the stone tablets of Moses or the Constitution here. They're an administrative agency offering their interpretation of a currently existing law. Congress can change/modify the actual law whenever/if they want. There is literally a discussion draft of a bill in the House as we speak that would do precisely this. And the chances of Congress acting before a non-appealable decision is rendered is reasonably high.
Similarly, a federal judge could simply disagree with parts of or all of the SEC's interpretation. This is 100% plausible because, despite Gary's insistence, existing law is not coherently applicable to all of crypto. Even if CB loses initially they could appeal. The obsession that many Bitcoiners seem to have with the legal status of altcoins under securities law is, imo, the weakest argument/narrative in the Bitcoin-is-the-future quiver. Without question. And the full-throated support of the SEC's crusade is bizarre. More bizarre is the peanut gallery of non-lawyer Bitcoiners pretending this support is merely pointing out "reality" or the "obvious" import of case law. This is transparently just the interpretation of the law that would, to some, seem to benefit Bitcoin the most. Incentives matter, and not just for the dreaded crypto folks. Respectfully, they matter when considering the opinions of Bitcoiners, too. If a majority of one's net worth is in btc, or one's livelihood is tied to a btc co., etc. then death of all perceived competition = good. And again, this is transparently obvious, emphatically human behavior. I am not immune or impervious to it, either. I have felt and do feel this. But it should not mean the utter sacrifice/abandonment of every other consideration, heuristic, context, fact, etc. If you are pro- Gary killing everything you are pro-Gary's crusade for expansive administrative agency power, which is antithetical to the purported beliefs of many Bitcoiners who, in literally every other instance, would object to same. You are also pro- administrative agencies jettisoning the rulemaking process, which requires notice and time for public comments under the Administrative Procedure Act, in favor of regulation by enforcement.
>>55253954>Motivational speechesNo cooperation with griftersThat's includes cexes that listed altcoinsGo drum up support somewhere else and protest before the sec so we can laugh
>>55253914well yeah, but you know that btc can't scale and cannot actually be used to pay for servicesall other shitcoins that supposedly scale have the same problem of trust with premined supply, unaudited code and scams galoreI can certainly imagine digital money, but it sure as fuck isn't going to be a bitcoin or any existing shitcoins
As pertains to btc mining, you likely endorse the idea that govts. should not step in and tell the markets what end-uses of energy are socially preferred. But you also want a govt agency to summarily kill an industry the market wants, to which existing law doesn't neatly apply. We should also consider the incentives for Gary Gensler. Do you, fellow Bitcoiners, who ostensibly verify before trusting, truly believe this man is merely trying to nobly, dutifully enforce the Securities Act and harbors no political agenda/ambitions of his own? FWIW, my own views on securities laws as they pertain to altcoins have meaningfully evolved over time, become more nuanced and fact-specific, etc. as I've spent more time reading, learning and thinking about it. My views today are not what they were 6, 12, 18 months ago. I think there's a plausible scenario here where Coinbase comes out the other side stronger and better, either b/c favorable decision or b/c a Congress galvanized by constituents, limiting administrative power, or desire to promote tech to change/pass new law does exactly that. Worth also noting that a new administration, one that presumably many Bitcoiners would prefer anyway, would certainly boot Gary out the door, and the regulatory landscape would once again be a little different. If you think Bitcoin's success depends on altcoins dying and/or requires the SEC to perform the execution, your view of Bitcoin is kind of bleak. I think this is a bearish view on Bitcoin, actually. I am very much a pro-bitcoin person. I also want Coinbase to win (and I think there's a reasonable chance they do win). AND I think Coinbase winning is net positive for Bitcoin and Bitcoin adoption. I'm a lawyer but not your lawyer and none of this is legal advice.
>>55243309If you ever came near me I would break your spine in half. Don't even fucking try it.
>>55253976stop posting glowie
>>55243075>>55243075Kikes just keep kicking a man while he’s down well I’ve got to tell ya Well, I gotta tell you: I'd be very, very careful who you keep pushing because the people you keep licking eventually are going to snap and become... dangerous.[Gets up from the chair]And this button-down, Oxford-cloth psycho might just snap, and then stalk from federal reserve/black rock office to office with an Armalite AR-10 carbine gas-powered semi-automatic weapon, pumping round after round into jews and Semite shabbos goyim. This might be someone you've known for years. Someone very, very close to you and eventually they just can’t take it anymore.
>>55253973>existing law is not coherently applicable to all of crypto.can you elaborate on that?
>>55254039And not having fun poking the rats in the bucket with a stick while they drown?
>>55253995Btc is used everyday for 14 years to pay for services and goods with only 2 instances where the block production was interrupted. Btc has its place, and other than the altcoin retardation it can't be killed
>>55254120>Btc is used everyday for 14 years to pay for services and goodsno it isn't in the real worldnobody's waiting an hour at the store to clear a btc transactionbtc is useless for payment
>>55254187>Cup of coffee memeI agree not for coffee, but ask the special task forces that are trying to keep an eye on other activities and no those of interest don't use xmr
>>55254258that brings me back to my original post of the only two existing crypto use cases: buying drugs and transferring non-trivial amounts of money. It seems like you're in agreement with me.
>>55254278>Non trivialOh lordy, you naive children. Half of you lose money in options and feel smug now the other half are grifters that are slowly realizing that they did a giant oopsie and ruined their lifes over a grifting career
>>55243108Eth is WEF-approved.
Imagine sucking the dick of some ugly old ass kike. Like I was aware that the entirety of 4chan has been under their belt for a long time now and all the boards have been taken over, pushing their shitty narratives, zoomers groomed and completely brainwashed so when somebody points that out they're labeled as a chud. But holy fuck, are you really this fucking desperate the suck circumsized flacid jewish cock on a business and finance board anon, where are the kikery is on full display? How fucking brainwashed and gullible you have to be to be on their side while you're assrape rugpulling you, you fucking moron? FUck this place man
He’s going outside his authority. It’s the job of the legislature to decide if things are illegal or not and he’s going on a crusade to blow up crypto simply to be popular and win political friends
>>55254465How is he going outside of his authority? He is just applying law from the 1930s, as his mandate tell him to. where is the problem. Oh you thought you could just scam retail. Go back to begging for donos on social media
Can you imagine /biz/ when shitcoins are gone and posters here are asking about what kinds of businesses they can start to improve the well-being of their community.Wouldn't that be nice? No more pyramid schemes no more shilling. Gary's just doing his job.
>>55254187i pay for my 4chan subscription with btc... i also send my friend overseas money with btc simply because it is easier...
>>55256209Finally silence, no more clay people that cant shut up, I would welcome it
He's just trying to change his reputation before the FTX trial when sammy drops some redpills on the extent of their discussions with the SEC and their MIT nepotism ring. He can point and say "I have been hard on crypto this nigger is lying". It won't work.There's also a theory that he would ever be considered as treasury chair but that won't work either because Dems aren't going to appoint somebody who let FTX happen and Sam was the second biggest 2022 midterms donor all with stolen funds. They literally can't appoint him. He's fucking done.When you consider all his past statements, discussion with Binance this guy is just being blackmailed. Probably just more Democrat corruption with the DoJ where they promise to not indict him if he lets it happen.
>>55243108ETH isn't a scam. Gary is putting pressure on the unregulated scammers like ADA, SOL and MATIC. You retards literally make threads daily saying they're scams anyway. Literally no one in here calls ETH a scam
>>55256424eth is a scam. If you are not able to see why and how it doesn't differentiate from ada sol and matic. join the cohorts of altcoin baggies. There hasn't been any innovation created on eth; it even failed at innovation as pow
>>55254187Not true at all, I sports gamble with BTC
Also, to clarify who is blackmailing Gensler it's probably no other than SBF's parents. SBF's mom is tight with Pocahontas and his retard parents believe he literally did nothing wrong. In their minds when CZ pointed out that FTT was a scam backstopping their balance sheet they think he is responsible. Complete fucking sociopaths. So these retards who haven't been fired from Stanford somehow or indicted despite materially benefiting and being directly involved with FTX have called in favors with their political connections and news rags like the jew york times to get mad at CZ and crypto. They see SBF as a victim of an industry instead of the subhuman trash scammer he is. So gensler who's tight with Hdawg gets the call and is now saying the exact opposite of all his previous statements so he can not get fucked by the dirt on him. It's just pure democrat party corruption.
>>55245929i know you're taking the piss but do you really think palladium is due for another run? I held to the war pump and back down kek
>>55243108WEF is pro ETH
>>55252151oh i totally forgot about this. you're being a stupid retard look at the post i responded to
>>55251459Delusional
>>55256424>ETH>ScamLol i bought in ETH long-term back in 2021 when all the normies flooded into it and now I got all my money back plus I'm making 8x pure profit on it now. Did the same with BTC and to this day I only got a 1/4 return on my original investment
>>55256771Meant for >>55256436
>>55256771>back in 2021that's 2 years ago>all the normiesyou are the normieGoing to enjoy you joining the xrp shizos. Make a general together
>>55256583>>55256359those are all transactions that /can/ take 1.5+ hoursyou aren't actually doing a bitcoin transaction per bet, you're loading funds into ""'balance"" and then this happens: https://youtu.be/yvqbBOHfGaQthere is an entire real world where you can't wait that longyou're being silly on purpose
>>55257215Faster and more secure than a wire, especially after the 2022 new liberal fascistic sanctions fuck up by Bidens incompetent state department.
>>55257232sure, but slower than a credit card. How is it a "threat to government"?money laundering has been available to everyone who needed it before shitcoins
>>55257249>Btc>ShitcoinsNice try agent lard. It's not about money laundering, it's about the Sauds or anybody else bailing America out like it was the 70s. And Germany is already fucked and drained
how has no one created sec coin yet
>>55257339The only people still around are btc maxis, who are rather eating shit than getting involved in shitcoinery, mind broken altcoin shizos and grifters that are so uncreative they have resolved to just post their addresses and telling people to send them money. The operation failed
>>55256799Meh. Never took crypto seriously. Personally, I'd be embarrassed about bragging about not being a crypto "normie" and getting in early and still getting rekt. These web3 logos don't even look futuristic to me anymore. Just a bunch of nigger gang signs for nerds lol
>>55257285>My shitcoin will moon if society (along with internet infrastructure) collapses >People struggling to buy bread will magically find a way to get online and buy Bitcoin because reasons
>>55257232Bro, you are aware there's dozens of international neobanks like Transferwise that'll let you move any currency anywhere instantaneously, right? With zero fees mind you.
>>55243075This is actually fucking disgusting…
>>55243658Too big to fail and the winrar to say. Both Security and Privacy on eth are getting stronger.
>>55256404it is why he chose absolute trash to come down on like bcc, lcx, hydro. He did not go after real projects but shit that was already dead.
>>55243108>>55243658ETH was sold for Bitcoin since stablecoins did not existed at the time, and they still don't consider Bitcoin money so it does not fit the howey test.The problem is for coins after that were sold for stablecoins since they do consider stablecoins money.
>>55245121You're just a candyass who wants to suffer at the hands of the government and let them steal and control your privacy. Good luck, retard.
>>55249372How about prioritizing privacy since it brings security along with it. At present, integrating privacy protocols into Ethereum is a feasible option.
>>55256608Seems way bigger than that, FTX is a mossad operation, just like CZ is CCP. this is an Israel vs China proxy war.
>>55253342bro you have to be 18 to post on 4chan.
>>55257657>just kyc on centralized entities bro
>>55258653An ico is an ico tranny. Doesn't matter if it was dollar or stable coins or btc. Eth is a security because the meth foundation is central in selling meth while implicit being responsible to finance and drive development on meth so investors expect a roi by a third party that sold the crack rockEth is a security no questions about that
>>55259374>Eth is a securityit's not and the reason it was not cited by gensler.
>>55257637>>55257657You are such an amateur. Go back to where you came from. I suppose jewtube ad shekel grifting.
>>55243108Baby stepsBoiling frogs
>>55259535It's an unregistered security. Muah decentralization doesn't matter when the main driving force behind development is the meth foundation, the seller of unregistered securities. There are currently only two crypto currencies that can be considered non security. Btc and something forgotten in the top 1000 that only maybe ancient fags remember
>>55259374No it's not the same moron, because if ETH early sale was in exchange of BTC and not fiat and they consider BTC a commodity you may as well consider food seeds securities in the first place, since people are also buying corn seeds to expect future gains.I know this is very autistic thinking but you can't say BTC is not money and then say ETH is a security because it had a pre mine sold for BTC.The game changes on the ICOs after because stablecoins are money legally speaking.
>>55259602Doesn't matter if it was dollar, stables or btc. And posting your shitty image just identifies you as what you are. You need to go back grifter scum and accept that your life is overIco is ico
>>55259374>Eth is a security because the meth foundation is central in selling meth while implicit being responsible to finance and drive development on meth so investors expect a roi by a third party that sold the crack rockBut that's the thing retard, they did not paid the ico with money, they paid it with BTC which the governments does not consider it to be money and they did not really expected a return since it was new territory with massive risks.It's the equivalent of exchanging broccoli seeds for corn seeds and then telling me the corn is a security because it can grow if planted and give returns in real money.It's retard tier thinking that makes half the shit the economy produces a security with that concept.The thing changes for the crypto ecosystem after ethereum because that's were stablecoins came from, and most coins after were sold for stablecoins which are money in the legal system so they do fit the howey test at least in the first part.I am not sure how the fuck he can claim that DASH a pow coin is a security or how he can say that Cardano is a security when the fat fuck creator tells everyone that they will lose money and to expect 0 return on investment.
>>55259633Grifter scum. It's done. Eth is a security. It perfectly fits the Howey test.And posting more retarded boring spammed shit memes doesn't change that
>>55259629ETH does not passes the howey test, in any fucking way, you can make most PoS coins a security due to being sold as securities after and most tokens too.But you can't claim BUSD is a security, or that DASH is a security, the guy is out of his league trying to test how much he can push people.Meanwhile fucking FTX even faked the fact that they were being regulated and he let's them sell tokenized us stocks for fucks sake.
>>55259650I completely agree with Gary practically every shitcoin with the exception of one are securities
>>552596461_An investment of money2_In a common enterprise3_With the expectation of profit4_To be derived from the efforts of others1_They did not invested money as you could not buy eth with fiat, they invested BTC which to this day they still say it's not money to tax it more than forex.2_The methead retards were autistic fucks doing furry conventions and made a shit ton of mistakes early on due to how amateurish they were.3_There was 0 expectations of profits in fact everyone like me tough it was the most retarded idea ever and most exchanges refused to operate it for years, litecoin had more adoption than eth until 2016-2017.4_This point metheads even went against it and made their coin inflationary so more buyers did not really increased price, this was maxis biggest critic and fairly against eth.>>55259657You can't let him claim eth is a security because the points i am showing above anon.The fact that the subversive fuck let Dash pass as a security shows he is testing the bed and if people like you fall for it we are done.I don't like shitcoins and i seriously think shit like bnb or Piece of shit PoS coins are mostly securities.ETH is simply not one for the points above, sure if you fork it it is a security because you already know it works and have a guaranteed return on investment long term (pulsechain example).But i don't see how anyone can claim retractively that eth is a security now when none of the howey test points fit for eth.Funnily it would fit for ETH forks because1_you can buy it with stablecoins2_it actually is fags conspiring to fork it to gain money (pulsechain)3_They know it works so they expect profit 4_They shill it to others.But as you see ETH first sale and Pulsechain while both being forks of the same shit one does not fit howey test and the other yes.You cuck to Gary on this (and DASH) and he is going for BTC and LTC next.
>>55259710They did invest money, or how else did they got btc? And mining is also investing moneyIt's a common enterprise that disguises as (((foundation)))Of course there was an expectation of profit derived from the development driven by the common enterprise that sold the meth shitcoin>You can't letWhy. He is right. Just because your grift ends? Go back to streaming and dono begging new fag
Btw, yes ltc is a security. Btc, no, there is no common enterprise
>>55248154>and 2021-2022 more people were getting swindledthe sec doesn't actually care about that
>>55259746>They did invest money, or how else did they got btc? And mining is also investing moneySo if you are homesteader and you exchange fertilizer you have with your neighbour for corn seeds, the seeds are now securities because you used money to paid for the fertilizer?Get real, i get why people may say cardano is a security, because you can exchange it for usdc which is legally money.But back then you could not exchange eth for money you needed to go for BTC first, you can't claim BTC is not money (so you can tax it) and then say something that was buy with BTC fits the howey test, it does not even fit the first point ffs.Also how can you say DASH (a pow coin) is a security?
>>55259781Of course you could exchange eth for money even back in the very old time before zoomers had hair on their balls.You lose this grift and it's the best thing that happened to crypto currencies in 7 years, you lose your grift. God praise Gary for finally fucking the scum to deadDash had a premine, sold dash on bitcointalk and were involved in the development that dash investors exoected to generate a profit
>>55259710ETH became a security once it went to Proof of Stake. ETH is a scam built for scammers. Bitcoin is a fundamental blockchain model. Dogecoin is better use than ETH.
>>55259826>Of course you could exchange eth for money even back in the very old time before zoomers had hair on their balls.No you could not, you could not even use a fucking hardware wallet with it, until 2017 85% of the exchanges only took BTC & LTC.>Dash had a premine, sold dash on bitcointalk and were involved in the development that dash investors exoected to generate a profitI don't like dash due to the masternode shit but if i am not mistaken the premine was very tiny to fund development of novel concepts like instant transactions.I mean yo ugot a point even if it's like that it could in theory be a security, but i don't see how LTC or Doge can be securities in your pov.I mean the case of Dash being a security is stronger than of ETH being one in my view.But fucking LTC & Doge? Doge is interesting because unlike satoshi that left it was actually denounced by his creator that sold it early on because he hated crypto in the first place and made it as a trolling project.Seriously how can you claim then LTC is a security when it's a BTC fork designed as a testnet?
>>55259845If one is fair, eth was never anything else but an unregistered security. The meth foundation didn't cash out 8000 crack rocks for fun. They know they are on the chopping block and are going to be the xrp of the next cycles
>>55259845PoS is not a security, but most PoS are securities (because in order to even start to stake you need a premine).However ETH is not originally PoS and also the presale does not fit the howey test due to the point i make here.>>55259710So yea you could say 99% of PoS are securities but ETH simply does not fit because it's premine sale does not fit the howey test and because it's PoS era started with a miner era before it.It's a bizarre position the claim for Dash being a security is stronger than ETH desu.
>>55259853Are you even 18? >There was only ltc and btcNo exchanges had dollar ious, paid out dollar and other fiat for shitcoins gladly took dollar and other fiat. Your childishness and inexperience shows. Stop talking zoomer and go back to streaming and dono grifting scumDoge had a premine and a sale on bitcointalk and people expected a roi from development. Again there is only one shitcoin who did it right in the last 14 years. The rest was all grifts with unregistered securities.
>>55259873>No exchanges had dollar ious, paid out dollar and other fiat for shitcoins gladly took dollar and other fiat. Your childishness and inexperience shows. Stop talking zoomer and go back to streaming and dono grifting scumI been on crypto since 2010 and unlike first worlders i live on a place with capital controls, outside of a few big global exchanges most of the world exchanges were btc & ltc only until 2016-2017, the retarded fork war and bitpay adopting more diversity in coins is why exchanges started to sell shitcoins in the first place.ETH even lacked wallet interfaces until late 2018 the methead retards had 0 guarantees of return on investment.>Again there is only one shitcoin who did it right in the last 14 years. The rest was all grifts with unregistered securities.Explain how LTC is a fucking security....
>>55259873eth, avax and dot not listed. they did things the right way
>>55259883Mtgox took dollar and other fiat, just because you live in a shithole and should be killed for being a subhuman doesn't mean that people in non shitholes weren't able to exchange dollars and other fiat with exchanges or through escrow services.Meth foundation promised from the get go that they will develop meth which creates an expectation of roi, that is all that is necessaryLtc had a premine, a sales and a common enterprise that made people that got scammed buying expecting profits.I can only repeat it again. One single shitcoin that was promoted on bitcointalk did it right, only one.
>>55259903Gary isn't finished. It's a real political necessity for the usa to fuck crypto to dead and they have since 1933 all the laws they need to do so, with an exception of btc and the coin I wont name with grifters around
>>55259909>Ltc had a premineThe only premine LTC had is the genesis block which is the same as BTC, coins in the first block that can never be moved.Why the fuck are you lying?>Mtgox took dollar and other fiatmtgox went to shit and localbitcoins became the main method for years, then the us exchanges started to be unbanked until eth & tether appeared and showed the bankcucks they were not needed.Meanwhile the entire BTC p2p community has been cucking non stop for years like localbitcoins removing cash trades, meanwhile anyone can trade stablecoins on eth for cash.BTC solved bretton woods, ETH is solving the legal contracts problem (which is why the fiat standard after bretton woods became so strong), XMR solves the capital controls problem.The 3 coins on the ecosystem that work together, yet for some reason you think BTC is by itself the only thing needed, there is a reason why the bretton woods fell and it's because the usa pulled a FTX and larped they had gold they did not had.FTX literally created 1 entire year of paper BTC preventing it's bullrun from going to 180k and barely reaching 68k.ETH & smart contracts could have prevented that from ever happening but there is a reason why people in power want to keep the default system of trust operating.
The biggest fucking nothing burger. This case will take years to work out, and the SEC will lose in the end because slapping a price chart on a commodity doesn't make it a security.You cannot tie security ownership to permissions digital tokens, that would be digital bearer shares which the SEC has already banned. So if SEC is saying the solana token for example, defines ownership for a security, then the SEC needs to sue themselves for approving that illegal registration. But if the security is not tied to the tokens, then secondary trading the tokens is not securities. They are commodities like the paper stocks are printed on or the computer components the stock registration database runs on.The SEC knows this and are just blowing their wad to keep crypto from entering a bull after we had a huge bump up from the bottom. Does anyone believe that if this was actually the law then the SEC would let these exchanges run free for 5+ years before happening to sue right when the dems want to be anti-crypto and the dollar's reserve status is under attack? Its a politically motivated move made in bad faith and desperation.
this is unironically good. people will sell their dinosaur vapour coins, e.g. icp, xrp, btc and contribute liquidity to the real financial innovation, violently rugging shitcoins
>>55256424ETH is a platform for launching scams.
>>55259941Charly sold his coins on bitcointalk and made the mistake to create an organization that promised to develop the shitcoin. Charly fucked up Did you forgot cryptopia and bitstamp and all the others. Also this isn't about your shithole, it's about the USA. Yes the USA is the majority of liquidity and with the usa out of the shitcoin game, your shitcoins that were used to scam westerners all die. Good riddance, may you die in shit shitcoin peddlerAlso your post reads like a drowning rat and its beautiful. Die
>>55259956and to add, the SEC has never been able to get a court to say any token itself is a security, only the original ICO, and they still aren't saying that, they are saying having price charts and not having purchase limits makes selling goods into a security which will almost certainly lose in court - but they might "win" on staking as a service and call the whole thing a "victory" like they usually do when they fail in court.
>>55260045Great motivational speech, only that nobody is taking you serious is around to listen. Only people left to mock you shitcoiners knowing that you fucked up
>>55260066We'll see in 5 years when the SEC loses if they don't drop the case if a republican wins 2024
>>55260121Can't wait for the eth-shizo general
>>55260144Not just eth, if the SEC's argument here is upheld, literally every good may be a security if the price goes up. Baseball cards, magic cards, collectables, wow gold, sneakers, cars, literally everything becomes a security if you sell it without vetting whether customers are buying it for "investment" purchase, and when inflation it high this can be ANY good which the SEC can claim people are buying for profit.Obv this logic will almost certainly lose in court but it will take many years to play out as the SEC will keep delaying and punting.
>>55260314You buy cars to drive, nobody expects to sell his car at a roi, they are getting amortized by accountants, only crazy people buy mtg cards and collectables and expect a roi. Shitcoins are neither collectibles or do they have a practical value beside grifting Arguably you could say the same about btc, though Satoshi was smart enough to never make a grift out of btc, like literally every other shitcoin emitter, with one exception.You see where I am going. All shitcoiners get fucked because the developers were all grifters with two exceptions, btc and the one that won't be named
>>55243309Do you retards realize hitler would have confiscated your shitcoins as well?
>>55260361>or do they have a practical valuethey're used to secure the network and pay for gas, retard
>>55256424There's a "If it's not proof of work it's a scam" thread everyday
>>55260377That's no practical usecase, that's a poor attempt to hide you tech bruh grifters emitted unregistered securities.And that is what the SEC is going to proof in the next 5 years. You can until then join the xrp shizos in an altcoin shizo general
>>55260361>You buy cars to driveyou can buy tokens to use the network or protocol>nobody expects to sell his car at a roisome people make loads of money buying classic cars, and when inflation is high cars actually do appreciate nominally.>only crazy people buy mtg cards and collectables and expect a roiLol what? Some baseball cards sell for tens of thousands or even hundreds of thousands>Shitcoins are neither collectibles or do they have a practical value beside griftingAccording to who? its not the gov's job to decide what tech has practical value or not, not having practical value has fucking nothing to do with securities law.>Arguably you could say the same about btcWell if the SEC's argument is upheld, then it makes BTC a security too if you don't limit customers to what the SEC deems to be a reasonable amount for non-investment use. Read the suites, they aren't calling the tokens securities but they are calling selling them for "investment purposes" a security, and the SEC lays out a bunch of thing exchanges would have to do to make them not securities including not having price feeds and charts and adding purchase limits.
>>55260466No. Btc has no common enterprise of tech bruh grifters that implicitly promised rois after selling unregistered securities
>>55260476It doesn't matter. Its not BTC or any token itself that is the security. You don't get it. Its the act of selling BTC or any other token that they will call a security. Read the actual suites, you clearly haven't. The SEC is making a batshit argument that a seller of crypto assets has to vet customers to make sure they are buying tokens for "non-investment" purposes, and part of that is instituting purchase limits (aka capital controls to limit capital flight from fiat to crypto).This shit will not only apply to EVERY token if they win, it will apply to ANYTHING, the gov could restrict the sale of any inflation haven if the seller doesn't institute purchase limits or vet whether customers are buying it for "investment purposes.">>55260452Usecase has nothing to with anything, its not up to the government to decide what people want to buy has a usecase or not.
>>55260512Every token that was created out of thin air or premined by the tech bruh grifters and sold to raise capital to develop the network is an unregistered securitySatoshi never raised capital selling his tokens and never promised to develop the network past the creation Tech bruh grifters can have fun battling with the money they stole from gullible fools to counter proof this for the next few years and are going to lose in the end.It's over. Tech bruh grifters get what they deserve
Is WoW Gold a security under their definitions? The answer is obviously yes lol.If NFTs are securities, then why isn't physical art?These SEC retards have yet to have a single ruling on the most basic fundamentals of the technology itself lol.In the US there is no legal definition of cryptocurrency that has actual meaning.
>>55260556You keep repeating that, it has nothing to do with anything.Coinbase suite section C>Coinbase Has Made Available for Trading Assets that Are Offered and Sold as Securities.>Coinbase has made available for trading crypto assets that are being offered and sold as investment contracts, and thus as securities. This includes, but is not limited to, the units of each of the crypto asset securities further described below—with trading symbols ...Read "NOT LIMITED TO," and not the distinction between "crypto assets" and "crypto asset securities"paraphrase 119>Coinbase makes these crypto assets available for trading without restricting transactions to those who might acquire or treat the asset as anything other than as an investment.Here they're calling the tokens "crypto assets" NOT securities, but saying that if the buyer treats it as an investment, then that sale of the non-security is a security112>Coinbase does not restrict how many units of a crypto asset, including but not limited to each of the Crypto Asset Securities, any given investor may purchase. Moreover, investors are not required to purchase quantities tied to a purported non-investment “use” that may exist for the asset, if any. To the contrary, investors may and typically do purchase these assets in any amount.Here they're saying coinbase hast to add purchase limits, probably the ulterior goal is establishing capital controls.You can read the whole thing, there is absolutely nothing about promising to develop networks, or creating tokens out of thing air or dumb bullshit like that. This logic would make literally any good a security if the SEC wants.
>>55260638>paraphrase 119I mean paragraph 122
>>55260638Oh you are one of the grifters who is going to lose it all.You don't need to argue with me, you need to argue with the sec that is gladly going to fuck you raw in the ass for the next few yearsGet fucked grifter
>>55260556>muh grifters muh security!i never use btc to transfer value quickly. when i need to i use those "grifters chains" because they're fast, decentralized enough, and have enough liquidity. cope more retard with your boomer coin. you could open your stupid mouth if bitcoin had a proper scaling solution by now but it still doesnt.
Is it you Brian? Is it Charles? Richard? I cant wait for you three to hang themselves, and please stream it
>>55260712If the SEC wins you'll be fighting them too if you try to buy toilet paper in bulk to avoid inflation. They could put purchase limits on everything if they wanted to prevent people from "investing" in things.
>>55260724not an argumentToken emitted by the same tech bruh grifters that promised gullible fools to develop the network and raised capital with the token = unregistered security
>>55260747No.Satoshi never emitted tokens he sold while promising gullible fools to develop the network
>>55243075>how many times did you meet with FTX prior to their collapse? >I think my public record shows two?it's all so tiresome broshttps://twitter.com/ArchAngel_ETH/status/1667607539339481091
>>55260755>Please support us poor grifters>look Gary baaaad jewThis is so cute, please all you tech bruh grifters hang yourselfs>captcha: PN2Gox
>>55260749>please protect my btc bags daddy gov! i'm afraid of the free market and people not choosing my bags to transact!!
>>55260785What. Never got that "argument". Nobody is asking them to protect btc, whatever that is supposed to mean. In the contrary they have attacked btc non stop for years. be it with attempts to tax us, attempts to destroy mining with bullshit ecop fascist laws and so forth. But they cant kill us, we are the One, that is walking the tiles, you are demons that need to be destroyed, tech bruh grifters that are only interested for the past 14 years in scamming for fiat
>>55260828>we are the One>you are demonsyou're in a cult, retard.
>>55261097And the FIAT cult isn't a cult?InterestingYou know what the best thing about btc has been until today; not the absence of a middleman necessary to validate transactions, not the unkillable proof of work mechanism implemented, no, it educated 10000000s of people about the nature of the fiat cult; unfortunately shitcoin fiat cultists did a damn well job trying to infiltarte