/biz/ - Business & Finance

>>58013401
because fiat is their tool to ruin the world

>>58013401
>laphonza butler

>>58013401
I really hate that Democrats are anti crypto but unfortunately I'll still be voting Biden since Trump and his supporters are all racist.

>>58013411
fpbp. in addition to that, they want you to stay on their plantation.

>>58013401
>cuts of the twatter heading
>doesnt post link
>and the image within twitter is barely readable
today op was a faggot

Not only that but the only way to get the data backing that letter was from the SEC. So the SEC sent data to the senators who then wrote a letter to the SEC, using the SEC's own data.
Crooked little Warren/Gensler games.

>>58013499
I wish Trump was racist, Trump and conservatives do nothing but suck blacks off

Imagine what a fucking amazing country America would be if it was racist. Like imagine how great it would be if there was racial segregation. People would pay for public services. Schools would be nice. Streets would be safe. Suburbs would be walkable.

>>58013401
because left = full governmental control. FIAT is one of the most important components of that

>>58013534
Why stop at segregation

>>58013525

>>58013584

>>58013401
fud to buy your bags

>>58013584
>>58013592
thats still shit quality
but the point is for op to include the twatter link as a course of standard formatting so we know the tweets are real
its the least bit of effort the op can do if he must make a twatter thread instead of just posting the letter images properly

>>58013401
lol these fucks cannot stand anyone else getting out of their place and making money. Where is the strongly-worded letter imploring Nancy Pelosi to cease her insider trading?

>>58013624
https://twitter.com/RadarHits/status/1768405271418732814
fair enough, I downloaded the images straight from the tweet btw

If they ban all other crypto it means they only have to coopt and (((subvert))) BTC.
I hate ZOG like you wouldn't believe

>>58013681
BTC is a captured asset
ETH is PoS also captured by a different gang

maybe the us government and the demonrat party need to be obliterated

>>58013639
well thank you anon and yes it seems the original images are indeed a crappy quality
but you are doing ops work for them, this laziness of making twatter theads without links should not be tolerated

>>58013401
They're not in crypto.

>>58013401
The midwit demographic HATES crypto
Dems just hate unregulated finance in general

>>58013401
Because evil nazis hodl bitcoins

Because it doesn't come from the state and they literally believe the only things that are heckin valid come from the state. They are government borg people and everything flows from that.

This is how those retards literally think.

>>58013401
because theyre shitskin poorfag wage cucks number one. number two they cant trade, so a 10k bribe from a credit card company to write some trash like this is their best shot at making money, like brad sherman. they are basically like jeet airdrop hunters irl

>>58013401
Most normies are either against crypto on principle because muh energy or muh environment, seething over getting sidelined or bought the top, lost money, and think it's a scam

>>58013401
Trump said just last week that bitcoin and crypto need to be further regulated

>>58015097
I think mostly it’s seething because they missed the pump, bought the top, and got dumped on, then panic sold. So they’re doubly pissed because they missed a once in a lifetime chance and they also lost money. Kind of goes to show how dumb the average normie is.

>>58013401
The sad part is only like a third of Democrats are really even anti-crypto which means there's not even a chance they win. It's just to signal to their base because bad Trump people like crypto so they must be anti-crypto in response.

>>58013401
>why do (((democrats))) hate crypto?

upward mobility instead of slavery

>>58015223
Pretty much this. Remember they want you broke and/or dead and your children raped and/or mutilated by their genitalia.

>>58015133
>Trump

DRUMPF!

>>58015277
The banking system puts crypto into the hands of pic related.

>>58013411
funny to think top level wall st monsters have limits but the government doesn't.

>>58013401
I am a Democrat and can explain:
1) Dems get money from Wall Street and entrenched financial interests that are threatened by crypto. NY Dem Senators are the best example...spout woke shit while protecting Wall Street.

2) Dems have a "holier than thou" herd mentality. Crypto bad, so its a competition to be against it the most (like raycisssm). We're not unlike 5th grade girls.

Don't listen to a word we have to say; when it is obvious that we're wrong, like with defunding police, we'll pretend we never held those views.

>>58013401
as soon as chuds inserted their low iq retarded fucking conspiracy bullshit into crypto it started tanking after the last bull run cycle. you dumb fuckin npc cattle killed it last time. just shut the fuck up and ride it out.

>>58013401
>demoncrats
Facebook boomer level banter

>>58013401
the left are wef stooges for complete government control

>>58013756
proof?

>>58013401
Because they are corrupted by the SBF cartel.

>>58013411
If you are an American, do you understand that your entire quality of life and safety is predicated upon the USD being global Fiat? Do you realize how badly fucked young Americans are going to be, surrounded by imported third world illiterate tribalists as the USD gets squelched and superseded by muh digital currency which guarantees zero transactional privacy and zero veil between you and those who would seek to tax, garnish and otherwise scrutinize every cent you earn?

when cash is no longer king, America will be favelas and bazarr's within a few generations

>>58016502
>generations
*less that a decade

>>58016502
Statist dullard.

>>58016502
>zero transaction privacy
Just use monero. What moron is actually going to transact in bitcoin btrash or boomerlitecoin.

>>58016574
okay! i will pay all my bills, buy a car, a house, and dinner with the wife with MONERO! Thank you!
>>58016565
oh cool, so bitcoin is the standard and will make everyone rich? it won't just result in a world with even more concentrated wealth and no middle class in America left? Just rich and poor? Wow, you also are a genius. You solved every problem with one comment on 4chan.

>>58016502
lmao shut the fuck up you faggot

>>58013401
They're not beholden to Big Crypto unlike Republicans.

>>58016597
Median household income in 1970 was 235oz of gold, slavemind. Think for a second slavemind, what is created when new money is created other than a new fraudulent claim on existing resources? Where will this new money flow, slavemind? Pure coincidence that wealth concentration went parabolic in 1971?

>>58013584
>>58013592
so, some rando senator is asking some regulator to do something. are you aware that's what politicians do for a living, right?
there's a big difference between this and a bipartisan piece of legislation le banning le bitcoin.

>>58016574
use coinjoins if you're forced to kyc.

>>58016597
if savings aren't devalued by inflation, people will not get poorer over time, I know that's a huge difference that people can hardly imagine because they're so used to getting robbed.

>>58016675
>Big Crypto
lmao, name one asset with a higher retail percentage than crypto

>>58016502
kek america going around using USD as a weapon is going to diminish its dominance not crypto, itll just get replaced by more fiat.
you will never be a cryptolander

>>58016648
You're an idiot, especially if you are an American; A naive, petulant idiot who deserves to be raped by feral niggers after you watch the same happen to every woman in your family
>>58016678
What does any of that have to do with the fate of average Americans when fiat dies? Are you seriously this naive? I'm talking to dumb faggots who never leave their PC desk
>>58016683
>A declining empire will allow serfs to divest from their national currency and taxation
You're retarded
>>58016709
You're fucking stupid and own less crypto than me, I'm gonna request that no more dumb fags who aren't advocates for white american BBQ culture reply to me with their brain dead doggy coin pseudo-intellectual "thoughts"

>>58016597
>will everything be priced in monero
yes hope you have some for when bitcoin goes to 10 million and the great exodus into monero happens later. Government will not exist where we are going and thats a good thing. Bridges and highway maintenance is a waste of taxpayer dollars.

>>58016759
don't worry fag, you'll be able to buy panties and dildo's from the comfort of your cuck pod solitude with monero so nothing in this thread should concern your useless ass

>>58016502
Good. Death to Israel, and its fat greasy stooge.

>>58013401
They'll change their tune real quick when the crypto phenomenon ushers in the era of zero-privacy CBDCs. Then they'll act like they were always in favor of crypto and others were always against it.

>>58015056
>legitimacy of fiat and the federal reserve

Someone needs to send that retard this video.

https://youtu.be/AOk3wBuQNcE?si=fbkg5Q2HQiSQALfk

>>58016751
The fuck do you think I'm gonna do, you retard? Do you think any of this is nonsense is going to convince me to willingly use a currency that's lost value from its inception? Stay on your sinking ship and quit bitching.

Democrats are anti-human
Everything they do make sense when you realize this simple fact

>>58016502
>>58016597
>>58016751
You make some really good points
Where do you see the usd and the crypto market in 5 and 10 years? Do you think the us manages to keep the usd as the world reserve currency? Is it phased out? If so what do you see replacing it: gold, a basket of commodities, bitcoin, another crypto?
I'm well aware that the dollar's relative purchasing power and our ability to export debt is what keeps us afloat and that changing is no bueno for us burgerbros.
What is your strategy for the next decade?

>>58016957
>c7pIN2F5
You're too dumb to read or rotate a triangle in your brain. You having zero connection to your land and the fate of your in-group and no interests outside your computer screen doesn't concern me, you literally can't even reply to the subject because you don't comprehend it. Go watch more youtube videos and pretend you understand what CURRENCY is or why someone who loves his country would be concerned about it collapsing, faggot retard nigger aids bitch
>>58016983
Technocracy, civil unrest against digital currency and its machinations - and a bunch of faggots posting about how much they love cunni coin on anime forums, who will never know love, family, or camaraderie so they pose as brilliant minds on degenerate forums

>>58013401
90% of people who made money on crypto are libertarian or right-wing, that's why the democrats seethe about it

>>58017024
libertarians who gush over tranny bitcoin authors are "right wing", got it

>>58017046
Economically

>>58017013
What a rosy picture you paint, Bob Ross
No hot tips on how to best position oneself for the technotronic technocracy?
I'm always keen on a good idea

Democrats don't believe in autonomy; everything must be handled by the government. So they're quick to name and shame anything that gives you power, like crypto.

Or they're generally fucking dumbasses who can't comprehend how important having a currency that isn't fucked over by your government is.

>>58013401
bitcoin is not crypto you dunce

>>58016751
>A declining empire will allow serfs to divest from their national currency and taxation
they won't have a choice, dollar is going to zero and if they keep using the dollar the country will stop existing

>>58016774
>cuck pod
I'm sure your linkies and xrpiss will be very valuable anon. Don't you have a XSG thread to larp in? Or linkie thread to circle jerk about link pumping to 88k by WEF? USD collapse will just mean a more decentralized economy and those with decentralized money will get the one up on you. But I'm sure klaus pods will exist when commercial flight is collapsing. I will give you a hint, blackrock is liquidating their hard assets for bitcoin and exiting USD finance. Big money is taking what they can from the sinking titanic, you think cuck pods but it will just be a lot of abandoned real estate dumping in value against crypto, as in real crypto that will be used.

Dems and their simps are scared because they don't know how to live in the new era that is forming. Great times ahead.

>>58017106
"im fiscally religious and culturally degenerate" cool story
>>58017117
I'm talking about the fate of our peers retard, go suck more shit
>>58017234
>monero poster schizophrenically referencing other cancer-bait cuck cults
rich, at least you didn't deny being a faggot though

>>58013401
>DARPA creates BTC anonymously
>BTC is viewed as special because it's not owned by a single entity that can be pointed to
>every other distributed crypto is considered 'owned' by an entity that can be pointed to
>the SEC gets to treat BTC as special (desired outcome)
>only BTC gets ETF treatment
>BTC is used as the establishment crypto
>maxis welcome the cockslap because number go up
>all btc privacy utils are banned
>conveniently allows governments to monitor all transactions
>cypherpunks have long abandoned BTC for XMR and wownero
>you are here

>>58017265
Doom and gloom is lame
Good ideas should be shared
To blossom in spring

>>58017291
>DARPA creates BTC
MASSIVE fucking amerilard cope
You idiots can't fathom living in a world where shartland doesn't control every little thing

>>58017341
shartland does indeed control your pathetic bug life, which is why your street shitting nigger hands are obsessed with the greatest nation in the world

i hate democrats so much
republicans are lame too but they leave me alone
democrats are fucking evil

>>58017265
>cancer bait cuck cult
ah yes the cult that has running markets and growing adoption. Totally the same as xrpiss bagholder cult and links fat man rent free cult.

>>58017479
Republicans are just there to be the "bad cop" in the routine, and lose on purpose even when they "win". America just fucking sucks. Whole world would be better off without this shithole.

>>58017507
I can see you enjoy getting called a mentally ill faggot

>>58017479
Republicans are just there to keep you on the uniparty reservation

>>58013478
No fkn way… this is truly is a clown
world…

>>58017536
While I don’t disagree with you about republicunts, I think America is still a good place in some areas. I’d recommend moving to a red state. The world is going to hell, there’s no mistaking that. Things have gone to shit since 2020. But I don’t know if anywhere else is any better. I couldn’t deal with the European nanny state government.

>>58017341
>third worlder fails to grasp just how much of their civilization is due to White Western influence
Many such cases. Sad!

>>58013401
They want my XRP ABAGS (they cannot have them)

>>58015056
He's right about decentralized crypto. It potentially poses a huge threat to the central banks and other money manipulators. He's completely wrong about Jan 6 tho, which was a honeypot induced by the three-letter agencies that resulted in a couple dozen protestors and MAGA moms strolling calmly through the Capitol's chambers. It wasn't a threat at all to TPTB, but I wish it was.

>>58013499
Based

>>58017870
good, fuck the central bank jews, they need to burn like the parasites that they are

>>58013499
it's all so tiresome how all you fucks on the left and right are controlled by the same people thinking your puny little vote actually fucking matters

>>58013534
Die in a fire

>>58013401
Demonrats*
They are actually Marxist communists that use large corporations and institutions to hide and control from the shadows. Cowards and weaklings. Parasites. They are puppet slaves of the banks. Central banking is Marxism 101. They all go down with the fiat ship
>verification not required

>>58013401
That's a good thing
most cryptos are a scam and don't have a secure network at all

>>58018506
You can say jooz here

>>58018518
the homeless are unironically the only ones not being scammed. yeah, i think i'd rather be scammed, learn the art of strategy musashi-style instead of accepting defeat

>>58015277
>the public ledger is shadowy!

>>58013401
land of the free

>>58016502
America IS favelas and bazaars you retarded mutt

>>58015056
>>58017870

>>58016751
>it's pure coincidence the average person's quality of life has decline since we abandoned hard money!
Dull little statist slavemind. Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (how easy an asset converts to money) of an asset determining how fully an asset inflates for a given increase in monetary base. This is the cause of the wage/productivity divergence seen since '71, this is why real estate underperforms equities, this is why nothing can stop bitcoin.

>>58016597
>okay! i will pay all my bills, buy a car, a house, and dinner with the wife with MONERO! Thank you!
This but unironically.

>>58016683
Bitcoin savings get devalued from inflation because cost of living goes up.
Your bitcoin can be worth whatever but when it’s time to buy shit and pay bills you need cash (USD)
So Bitcoin can get its big pump on paper but when the bills come due people will need to sell their Bitcoin to get cash.
This pushes the price down, which we’ve seen before.

However if your bills could be paid in bitcoin, monero, whatever, then there wouldn’t be as much contamination from inflation.
USD can get printed all it wants but if the eggs are priced in monero, and your savings are also in monero, then your finances are unaffected.
If your consumption is tied to a currency you are ultimately beholden to that currency.

>>58013401
because demonrats are all kikes and their nigger slaves

>>58013401
I missed out on getting rich of crypto so now I will vote for anyone that will fuck over cryptofags

like FUCK YOU if I can't get rich then you shouldn't be allowed to be rich either faggot

>>58016502
being the global reserve currency is actually fucking terrible and our lives are testament to that

>>58016502

>>58013534
insanely based

>>58018368
He's right, you know

>>58013401
They want to raise the bottom of society, in good faith. This is not that tho I'm actually starting to think crypto has a place in the world economy to remove baseless speculation, is better than lotteries, and creates lots of tax revenue.

>>58017117
nope, his purpose as a glowie kike shill is only to demoralize you, not offer solutions

>>58013499
You're joking but you're still a fucki g coward for not voting 3rd party.
My vote counts against the jews, even if i vote for a loaer who will not win, yours has always counted for them.

>>58021854
I denounce the Talmud and phone-posting.

>>58013401
There's nothing all that interesting in there.
They're urging Gary Gensler to:
1. Make sure the Bitcoin ETPs aren't called "ETF" since that apparently implies more consumer protections. Does it though?
2. Make sure financial advisors don't take advantages of retirees that should be invested into safe and boring shit by going all in into the Bitcoin ETFs instead to grab higher fees.
3. Not start approving Shitcoin ETFs.

Which is nice, but Gary already hates all of this. He only approved the Bitcoin ETFs because he felt forced into it by the courts.
Maybe the SEC will waste a few workers to chase after financial firms and make sure they don't say "ETF" and don't push highly volatile investments to folks that should be chilling.
As far as approving any Shitcoin ETFs, I don't see how it'll happen without either more court cases forcing the SEC's hand, or a very different leadership at the SEC.

>>58021899
>Does it though?
No. All ETFs are ETPs
>grab higher fees
BTC ETFs have very low fees

>>58023515
Right but not all ETPs are ETFs, and I suspect that's their points.
Also I wasn't talking about the ETF fees, but about the 0.25% to 2% fees that financial advisors charge on their clients' entire balance every year, which gives them a financial incentive to gamble with their clients money for higher returns.