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/biz/ - Business & Finance


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24767404 No.24767404 [Reply] [Original]

Fedcoin House Rep. Rashida Tlaib issued a bill this week that makes cryptocurrencies illegal for anyone, but the Federal Reserve to issue. H.R.8827 Stablecoin Classification and Regulation Act of 2020

congress.gov/bill/116th-congress/house-bill/8827/text

>> No.24767440

>>24767404
evil subhuman monster

>> No.24767449

So what would this do to existing stablecoins and the people that own them?

>> No.24767466

>>24767449
the fat bitch hasn't thought this far ahead

>> No.24767493

>>24767449
they would be illegal to own, so you would be a criminal...

>> No.24767564

This would destroy Tether. Good. I'm deeply curious to see what happens when true price discovery hits crypto.

>> No.24767591
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24767591

These people have names and addresses in minecraft

>> No.24767592

TRUMP'S FAULT!!! TRUMP HATES CRYPTOS!!!

> checks party affiliation
> oh she's a fucking Democrat
> oh it's Tlaib the DSA "Squad" member

WAIT THIS IS GREAT WE NEED THIS REGULATION!!!!! ALL HAIL COMMUNISM!!!!

t. leftard shill

>> No.24767607
File: 528 KB, 895x832, 1576210055207.png [View same] [iqdb] [saucenao] [google]
24767607

>>24767404
Look at that stupid tomato nosed bitch. Don't worry boys, once I get this law degree I'm lobbying for crypto with my link gains
>>24767591
and this in Minecraft

>> No.24767627

>>24767607
Right on man, if you ever need a oracle node to validate your vaccine ID, come to my node bro

>> No.24767633

>>24767404
WOW COLOR ME SURPRISED ANOTHER FUCKING DEMOCRAT


BUT MUH BUUR DUUR TRUMP BAD FOR MEME COINS HUUR DUUR

>> No.24767654

>>24767633
Yeah, I noticed /biz/ got overrun by leftist retards around election time, Trump may be a zionist shill, but goddamnit, he gave us some fucking sweet taxes for our gains.

>> No.24767682

>>24767627
lol not taking the MRNA factory

>> No.24767707
File: 470 KB, 837x878, rashida stable coins.jpg [View same] [iqdb] [saucenao] [google]
24767707

>>24767404
It's to protect POCs, you racist

>> No.24767717

>>24767682
Good answer, old sport.

>> No.24767728

>>24767707
This isn't really for POC's that's just the outward facing feel good reason. As a POC I know pandering when I see it.

>> No.24767732

>>24767654
That’s partially that, but at the root level it’s literally reee infringing on my right to exist.

Someone said it clean as day earlier, we are so divided it’s basically having a stranger live in your house uninvited and him doing everything from leaving the water running to actively trying to kill you.

>> No.24767739

>>24767728
Yeah, it's a bullshit excuse.

>> No.24767751

>>24767732
> it’s basically having a stranger live in your house uninvited and him doing everything from leaving the water running to actively trying to kill you.
I HATE when that happens.

>> No.24767799

>>24767707
this ties in with the Inclusive Capitalism bullshit they are pushing for the great reset
inc-cap.com
inclusivecapitalism.com

>> No.24768610

We gonna dump???

>> No.24768723

>>24767404
Stop worrying, this will never get passed.

>> No.24768763

>>24768610
This will take months. It already dumped when the news came out. Now we’re not going see a dump for a while, and on the off chance they’ll give the regulatory green light to cryptos and regulated stablecoins (realistically, stablecoins like usdc will be allowed to exist as a way to compete with the digital yuan), then I’m expecting institutional buyers to jump in.

>> No.24769136

>>24767404
Between this and that wall eyed faggot Corey Booker's zimbabwe style land grab, these abhorrent walking biohazards are going full retard.

>> No.24770306

>>24769136
It's impatience. They're acting like they already seized everyone's guns.

>> No.24770358

>>24767404
Who cares? Just keep on forking then and airdrops. They won't be able to do shit then.

>> No.24770642

>>24767404
this is bullish for bitcoin

>> No.24770719

>>24767449
>what will happen
FBI OPEN UP

>> No.24770769

>>24767799
>inclusivecapitalism.com
>capitalism
>inclusive
literal oxymoron
made for liberal faggots to gobble it up

>> No.24770839

>mfw it would even fuck with shit like paypal or venmo

I will be soooo surprised when this retarded bill doesn't pass...

>> No.24770924

>>24770839
its not the fact that it will never pass.
the issue is that this faggot shit skin goblina literally trying to give more power to banks and fed (the instituion that fucked people up) while gaslighting that WE the people who dont want to do ANYTHING with fed, and support crypto, are actually RESPONSIBLE for people getting fucked.
the SHEER audacity to EVEN try to pass such a bill and the fact that some people DEFEND this shit, is just crazy

>> No.24770962

It's stablecoins only. She is not trying to regulate crypto where volatility is expected, she is trying to regulate stablecoins so people actually get stability and not rugpulled. Fucking read faggots.

>> No.24771397

>>24768610
>poo id
yeah we dumping

>> No.24771642

>>24768723
correct