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24627083 No.24627083 [Reply] [Original]

Dai, RSR, Tetherfags, thank you for your service.

>> No.24627151

Vitalik and Lubin should both be thrown in jail for selling unregistered securities while they're at it.

>> No.24627176

>seeks
key word here

>> No.24627192

>>24627083
Bullish for ampl

>> No.24627195

one step closer to a revolution, then these "lawmakers" can scurry off back to you-know-where with empty pockets

>> No.24627324

>>24627083
They have been illegal since day one. Why do you think Tether has to have some sort of mirage of shell companies maintaining bank accounts in weird jurisdictions?

>> No.24627357

What is their argument to ban it?

>> No.24627413

God fuck America
We should nuke that place

>> No.24627419

>>24627083
dai is not a backed security but a price tracking asset doubt they will go after it

>> No.24627452

>>24627419
Bullish for dai

>> No.24627468

>>24627452
nothing is bullidh for stablecoins kek

>> No.24627680

>>24627468
This, and it won't stop with stablecoins, it's just the beginning. Guarantee you crypto is regulated to oblivion. If we're lucky enough to get a bullrun this year it's going to be the last one.

>> No.24627692

>>24627083
I think Americans are machoistic, they literally love nothing more than fucking things up for themselves. their orange chimp president is hilarious to listen to and I want to drink a beer with him, but he's fucked the US' economy and world power ranking than anything else in US history except maybe the Civil War

>> No.24627729

Maybe this is a brainlet argument but how could they make owning a stable coin illegal in the US? To "own" it, it is just knowing a password. Wouldn't that be protected by freedom of speech/thought?

>> No.24627807

>>24627729
It will tank the value of the coin and you'll see smart investors rush into crypto that get fed approval.
IYKYK

>> No.24627828

Seems like this would be good for AMPL

>> No.24628004
File: 1.34 MB, 960x960, 1606954263538.gif [View same] [iqdb] [saucenao] [google]
24628004

Bullish on

>> No.24628197

>>24627083
Also how would they control foreign stable coins? Like Stable coins backed by Euro or Pound?

>> No.24628278

>>24627680
>Guarantee you crypto is regulated to oblivion
America doesn't matter

>> No.24628638

>>24627468
It was a joke you mong

>> No.24629121

>>24627680
Its too late for regulation to be imposed. No one cares about what America does, the world already chose crypto as the next way to go.

>> No.24629142

>>24627192
Yes
BTC will also be unaffected.

>> No.24629615

>>24627083
I've analyzed the top 100 mkt cap coins based on total tether flow effects on price, Decred had the lowest correlation with USDT
If you want to be safe make sure whatever coin you buy has at least 30% of its spot volume from BTC pair, that should put you in the best postion for a tether crash
For all the tether believers, last time not only did they lie but most of their assets were not even liquid and being exaggerated. They shilled you Leo to get out of the hole
Better way to think of it, if everyone wanted to cash their tethers for 1 real USD rn, the whole system would collapse

>> No.24629702

>>24628004
$2000 EOY

>> No.24629992

>>24627083
Bets are they won't actually be able to do much and people will still use them but fuck these boomer burgers anyway

>> No.24630145

>>24627357
They destabilize the world economy

>> No.24630149

>>24627151
>adjusts yamulka

>> No.24630181

>>24629121
Any country that attempts to utilize a non approved American financial system either gets destabilized by our CIA assets or we begin to hammer them with tariffs and other forms of economic warfare.

Don't kid yourself. Everyone cares what america does besides America's enemies with large military power.

>> No.24630511

> landofthefree.pdf

>> No.24630617

>>24627692
This legislation was pushed by the Dems. Said stablecoins were racist.

>> No.24631171

>>24630617
bill barr wants to make encryption illegal so...
they're pretty much the same here

>> No.24631188

>>24627083
How will this affect the Coinbase adoption wtf? I wanted to sell the Coinbase pump.

>> No.24631269

>>24627357
It’s like a company is giving out banknotes/checks with the promise they can be redeemed for a $1 without being FDIC insured. Tether and USDC do this through digital means. I think it’s unfair that DAI and other non backed tokens are targeted by this. USDT introduces massive systematic risk to the ecosystem so it’s understandable

>> No.24631363

>>24627083
Oh, no! I guess I shouldn't invest in them! Lol. Already in the green with tethers.

>> No.24631402

>>24627192
>Bullish for ampl
the ampleforth team can and will work with any authorities if they're ever threatened. it's centralized.

>> No.24631693

The only reason why they wanna regulate crypto is because of countries under sanctions started crypto mining such as Ecuador.

>> No.24631851
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24631851

>>24631171
>but republican AG badddd
news flash, both parties need to be dismantled. One is no better than the other.

>> No.24631932

>>24627357
It harms poor people of color somehow

>> No.24631967

>>24627083
>load the stablecoin fud

>> No.24631985

>>24630181
What you say is true, however, people will align even more to crypto if a country is destabilised,making crypto even more appealing.

>> No.24632845

>>24627357
Unironically, it appears to be "black people"

>> No.24632929

If this is the beginning of the end of tether it is unironically bullish in the long term and will present some wonderful opportunities to increase stacks.

>> No.24633492

>>24627357
Tether fraud is a threat to Federal Reserve fraud. KEK

>> No.24633577

>>24627357
>If you read the thing its literally "divetsity."
I shit you not. This is really jumping the shark imho. they basically want money from the big i banks. Biden comes from dellaware and constantly has access to big bank sponsorship. There is no real reason. Just to get money from banks. The bill likely will not even make it past the house. Rashida Talib probably can't get her own party to back it. They take advantage of the fact that people have no idea what this is, and everybody is against racism. Read into the types of trusts required and its all pretry kosher. Paxos is audited pretty well. Usdc as well. Usdt is not imho, but peoppe kbow that. And it is audited well enough... they hate the free market and the fact that I can get a better savings account on compound than a bank. They hate the fact that this makes divirsity laws harder because the compound or AAVE does not give a fuck what color your skin is. They can't check. Look at who sponsors the bill...... what a load of shit.