/biz/ - Business & Finance

[Anonymous No.56946019]

The United States of America will finally save the world from the evils of cryptocurrencies.

https://www.warren.senate.gov/imo/media/doc/Digital%20Asset%20Anti-Money%20Laundering%20Act%20of%202023.pdf

Apologize. And sell while you (still) can.

[Anonymous No.56946039]

It’s over bros. Guess I gotta look at who donates to her

[Anonymous No.56946047]

not a burger so it won't affect me

[Anonymous No.56946052]

>>56946019
haven’t they been trying to do this for years now?

[Anonymous No.56946076]

It cracks down on money laundering via crypto, which is a genuine problem. Crypto can continue to exist.

[Anonymous No.56946091]

>>56946019
Letting woman vote and hold jobs meant for men has been the destruction of our society

[Anonymous No.56946098]

>>56946091
this

[Anonymous No.56946110]

>>56946019
Is this why so many cryptos are dropping in price now?

[Anonymous No.56946139]

>>56946076
You know that what pumps your bags is money laundering right?

[Anonymous No.56946145]

>>56946019

The crack down on tech and innovation bill. Enjoy the bugs Americans.

[Anonymous No.56946148]

>>56946019
That bill is from last summer and it has no chance of ever passing the senate, let alone the house.

[Anonymous No.56946156]

>>56946019
this bitch is shorting on Kucoin, I just know it

[Anonymous No.56946167]

Is that inside trading bitch? When we will lock her up boys?

[Anonymous No.56946171]

>>56946019
Based Warren. Wish she was president rn.

[Anonymous No.56946181]

>>56946019
This whore again?

>>56946076
kys imbecile when the usa landed on the moon the biggest cash in circulation was the 10k usd bill worth 400k usd today inflation adjusted.

Imagine that one bill worth 400k usd, money laundering is a commie term

[Anonymous No.56946182]

>>56946145
I'm the hacker known as 4chin and I'm going to use my dogbutt token to take over the world

[Anonymous No.56946187]

>>56946145
She's right. I would much rather our financial system be in the hands of the honest, good-natured politicians in Washington than be controlled by people who know how to code

[Anonymous No.56946198]

>>56946181
https://www.bitchute.com/video/CoP5WywgvPHs/
moon landings are fake

[Anonymous No.56946256]

>>56946019
Good luck Warren. You're gonna need it.

[Anonymous No.56946271]

She has legendary bad breath, but I’ll be damned - no links exist on Google or Bing anymore about it.

[Anonymous No.56946276]

>>56946019
>Can't even crack down dollar laundering.
What's the point of this bill? She mad that she got priced out?

[Anonymous No.56946283]

>>56946198
Moon landings being fake is more communist propaganda, like money laundering is a designed term by communists to crush velocity of money and demand for forex, moon landings being faked is designed to demoralize western civilization greatest achievement.

[Anonymous No.56946295]

>>56946091
/thread

>>56946187
Lmfao.

[Anonymous No.56946318]

>>56946276
The lunatic communist like Warren want to abolish private banks and obviously private currencies because in a CBDC panopticon crypto would allow to escape fiat.

They are insane if they think they can control this but being a leftist and on top of that a femoid makes for this type of retarded laws.

Like in the eu, laggarde burning the 500 eur cash bills when it enters banks because muh money laundering due to high denomination bills only for demand for euros to crash worldwide after they started to do that.

[Anonymous No.56946319]

>>56946182
This is the worst case scenario they tried to warn us about

[Anonymous No.56946369]

>>56946319
>First they laugh at you.
>Then they fight you
you are here
>Then you win

China banned BTC outright in 2018 btw

[Anonymous No.56946394]

>>56946019
I will never understand anyone under 60 voting for anyone associated with this horrible woman.

[Anonymous No.56946395]

>>56946283
Correct answer

[But... No.56946508]

>>56946019
Good luck, Mrs. Warren.

[Anonymous No.56946517]

>>56946019
Warren has only ever passed one bill.

[Anonymous No.56946601]

>>56946394
I'm voting republican all the way after this shit. Fuck democrats. I want America back. I've been paying more and more attention to the democratic agenda and it sickens me how blind I was to it. Fuck democrats. Vote republican all the way. My eyes are open.

[Anonymous No.56946684]

Senator Warren did nothing wrong

[Anonymous No.56946809]

I'm the only person itt who read the bill.
it just says KYC all crypto. less importantly,
FINCEN finalizes rules for crypto in 1 year.
DEA provides list of drug dealer wallets in 1 year.
SEC & CFTC will give a report 2 years later on if KYC has been successful and if people are following the law.
the bill has no teeth. which is unfortunate.

[Anonymous No.56946849]

>>56946047
this plus are they going to ban internet or what?

[Anonymous No.56946881]

>>56946019
This ugly bitch is Lindsay Graham in drag, it has to be some kind of Mrs Doubtfire shit

[Anonymous No.56946888]

>>56946809
(d) REPORTING REQUIREMENTS.—Not later than 18
24 months after the date of enactment of this Act, the Finan25 cial Crimes Enforcement Network shall promulgate regu-
7
SIL23929 MN7 S.L.C.
1 lations that require United States persons with greater
2 than $10,000 in digital assets in 1 or more accounts out3 side of the United States to file a report described in sec4 tion 1010.350 of title 31, Code of Federal Regulations,
5 using the form described in that section, in accordance
6 with section 5314 of title 31, United States Code.

Not fond of that at all. They're going after the whole market rather than just exchanges. They're now targeting (You).

[Anonymous No.56946889]

>oligarchs still don't get it
Bitcoin is an immune response by the superorganism Economy to the infection of fiat, BTC short circuits the mechanism behind oligarchical parasitism, there is no way to stop or even slow hyperbitcoinization.

[Anonymous No.56946917]

>>56946187
>people who know how to code
>white trash and nigerian devs who launch honeypot after honeypot

[Anonymous No.56946968]

>>56946019
Speaking on behalf of all of us, thank you Liz. I can now sleep soundly knowing the crypto bro menace has been tamed.

[Anonymous No.56946996]

>>56946047
without burgers, who's gonna be retarded enough to buy your bags?

[Anonymous No.56947001]

>>56946019
But she must be one of us!

[Anonymous No.56947029]

>>56946019
- Brother it's called crypto yeah, it's going to change the world, bro.
-nation states can't control it, it can't be manipulated, it's your freedom, bro.
-it's the perfect store of value, bro, it's a hedge against inflation, trust me on this one, okay.
- Brother this is a once in a century event, maybe rarer, it's a total reform of the global economic system, it's like the real estate boom x1000, brother.
- No nation state can stop it, when the collapse comes the USA will balkanize, and people will sell their souls to get a satoshi in return, brother.
- Let me tell you about alt-coins, brother.
- It's p2p digital gold which means peer to peer, did you know it bro?
- Tokenized master books, unbreakable encryption, totally secure.
- Yes brother, there are a lot of non-digital currency uses, that's what alt-coins are about.
- Everyone needs to be monetized, don't ask me why brother, I buy them you should too!
- everything will be tokenized bro, it's not just a database.
- when everything is tokenized everything will be monetized, brother.

[Anonymous No.56947035]

>>56946019
Regulation is bullish. What's keeping wally world out of crypto is that they don't want to touch the grey area shit soup and get toasted. With clear rules, they're likely to come in. That's why there's such a premium on bitcoiny stocks, the pressure is clearly there but there isn't a good way to get spot exposure. I want that wall st money dammit.
This bill isn't even substantial
>if enacted, you will make some rules
>>56946888
>foreign accounts
You must report to the IRS that you have an interest in a foreign financial account. This already applies for everything else, and it really isn't coming after me, I don't keep anything offshore

[Anonymous No.56947052]

>>56947001
damn that bitch can CHUG

[Anonymous No.56947073]

>>56946019
Literally unenforceable, how do you implement KYC on open source wallets or decentralized systems when you can just fork it and remove the offending code? All crypto companies just need to do is be offshore and they're untouchable and amerimutts just need to use VPNs and "regulation" doesn't exist anymore lmao. Banning crypto is like banning piracy, it doesn't work.

[Anonymous No.56947074]

>>56946601
Lol. Republicans are more of the same (but slowly). Who do you think allowed so much "progressive" bullshit through? Republican presidents, republican congressional majorities, republican supreme court justices. At best they do nothing when they have power.

[Anonymous No.56947101]

>>56946047
the United States owns the world, so yes it will.

[Anonymous No.56947112]

>>56946809
>FINCEN finalizes rules for crypto in 1 year.
This is actually extremely bullish. USA viz Gensler has been letting crypto exchanges guess (always incorrectly) what the rules are without saying it. Clear regulation is needed desperately (and that rat kike Gensler knows it).

[Anonymous No.56947218]

Imagine that you are are leftist in 2023. 24 hours a day you beam fear images and narratives in your head about evil nazis and evil christians and scary viruses and scary climate disasters. The world of tech you cheered on 20 years ago is now literally out of control and decentralizing and mutating at an ever increasing rate of speed. Since you are so scared by your phone you don't exercise get fresh air and you eat like shit and are loaded up to your gills on drugs legal and illegal. Because of this you live in a depressing confusing brain fog which guarantees that you cannot grasp and adapt to the technological, social and economic change happening around you. So in order to give you grasp onto political solutions that you think will slow down and order the world. Of course some mere laws in one country are able to do it. In fact. The laws just increase the chaos and rate on change around them.

[Anonymous No.56947335]

>>56946052
yes I've been reading this fud since 2017 about the SEC, SCTF, FINcen, IMF, IRS, treasury, ECB, FTAC, FAP, SHIT, PISS BRAPPPPPTPFFFFFSSSTRRRPSSSSS and many other organizations, they are all fucking do nothing bitches, nothing they can do to stop bitcoin or even most shitcoins

[Anonymous No.56947450]

>>56946091
Hate to say it because I’m a woman (sorta) but it’s true

[But... No.56947468]

>>56947450
>I’m a woman (sorta)
quit porn and start lifting weights. Be the man that you are.

[Anonymous No.56947562]

>>56946601
You must be new here. Republicans are the same coin, different side. Trump asked Mnuchin to ban Bitcoin. These people exist to strip Americans of wealth and prosperity for total control.

[Anonymous No.56947579]

>>56947562
>Trump asked Mnuchin to ban Bitcoin
kek I remember this

[Anonymous No.56947602]

>>56946091
this

[Anonymous No.56947618]

>>56946019
Wtf is that bitch’s problem?

[Anonymous No.56947633]

>>56947112
I even think with the dimon fud (I would close down crypto) despite JPM sinking a ton of money into it, even having their own JPMcoin, was him just saying "Please give me regulations to follow so I don't get in trouble later"

[Anonymous No.56947705]

>>56946019
>Takes money from Bankman
>Worried about cryptos shadowy money laundering

pick a lane woman

[Anonymous No.56947726]

>>56946171
shes not going to fuck you, incel

[Anonymous No.56947786]

she is the best legislator of all time
she has passed ZERO laws in her entire political career
the absolute best politician ever

[Anonymous No.56947795]

[Anonymous No.56947809]

Why do native americans continue to rage against technological progress?

[Anonymous No.56947856]

>>56947786
>>56947795
if only all legislators were so ineffective

>>56947705
Another reason to be grateful that slimy fuck was taken down. I wonder if some actually-competent crypto millionaire will fund her next election opponent. We need a stronger immune system against these parasites.

[Anonymous No.56947882]

>>56946019

[Anonymous No.56947943]

>>56946167

no you're referring to Nancy Pelosi

[Anonymous No.56948111]

I'm so glad I have a third worlder passport to trade on VPN. Zero taxes paid on it to the jewnited states. Boomercunts like this are why lol. Eat shit boomers I would vote for any candidate to eliminate medicare and social security so I can spit on them begging in front of Walmart.

[Anonymous No.56948130]

I am just glad someone has the backbone to end all this fake internet money scams. This is what happens when the adults are back in charge.

[Anonymous No.56948374]

$285k salary, $67mm net worth.
What’s the math on this?

[Anonymous No.56948405]

>>56947450
hi :)

[Anonymous No.56948415]

cope

[Anonymous No.56948430]

>>56947882
Lmao

[Anonymous No.56948447]

>>56948415
What is she even for? Throw her away.

[Anonymous No.56948464]

>>56948374
The math is insider trading. That's how people get rich from Crypto and Stock.

[Anonymous No.56948548]

>>56947856
>We need a stronger immune system against these parasites.

Well said

[Anonymous No.56948559]

>>56946318
This guy is such a faggot. He literally IS the state and is pivoting to using USD ffs.

[Anonymous No.56948568]

>>56946601
You've still got a lot to learn.

[Anonymous No.56948585]

>>56946283
lol how is landing on the moon the greatest achievement? It's useless. Putting pizza on a bagel is a greater achievement.

[Anonymous No.56948665]

>>56948447
She was one of the lamestream media's favorite Presidential candidates in the Dem primary, and lost to shuffling corpse Biden. Such candidates are for championing the parasitic ruling class and expanding their power. Doesn't matter if she authored any legislation which passed, she is a reliable vote for the status-quo of the Washington DC parasite class. They can only pursue more money and power for themselves, that's their incentive and they decide all the incentives which allow them to get away with it.

Dumbocracy is in no way a functional system, so of course the champions it produces for itself are Warren-tier shrill idiots. The only good solution is pan-secessionism, because that position is the political equivalent of consistently advocating for decentralization. The US needs to balkanize because Washington DC is unsalvageable. The more decentralized political power is, the less you have to worry about incompetent insane evil people far away. The more local government is, the greater the odds are that it will actually reflect something in the ballpark of your own interests.

[Anonymous No.56949571]

>>56948665
> The US needs to balkanize because Washington DC is unsalvageable. The more decentralized political power is, the less you have to worry about incompetent insane evil people far away. The more local government is, the greater the odds are that it will actually reflect something in the ballpark of your own interests.
based.

[Anonymous No.56949602]

>>56948665
>The US needs to balkanize because Washington DC is unsalvageable. The more decentralized political power is, the less you have to worry about incompetent insane evil people far away. The more local government is, the greater the odds are that it will actually reflect something in the ballpark of your own interests.
based. "but muh china!!!11!" yeah and china relies on us to consume their products. washington falls, they fall too.

>https://www.newsweek.com/texas-secession-question-2024-ballot-1848890

[Anonymous No.56949924]

Lizzy Warren had an axe

[Anonymous No.56949952]

Wow, so we need more gov control and surveillance because... "terrorism," why does this sound familiar?

[Anonymous No.56949982]

>>56948559
They already use USD.

[Anonymous No.56950524]

>>56946019
This bitch has lived her entire life having never been right even one time.

[Anonymous No.56950707]

lol pochahantas

[Anonymous No.56950813]

>>56948665
You've lost the forest from the trees, State/politics is a memetic parasite, Hobbes's Leviathan is Meme Complexes (Dawkins), Law is ex post facto codification of these prevailing meme complexes, Law has no power, the State has no power, meme complexes hold all the power attributed to these institutions. Fiat, the true source of Statist power, runs on weak procedural memes that can't stand scrutiny, fiat has held on because "there is no alternative", but there is now an alternative (BTC).

A real practical universal unit of account massively increases the efficiency of economic calculation, as without a fixed point of reference accurate pricing (price carries information), requires great degrees of iteration, which are economically (time and resource) expensive. Notice that bitcoin does not need to be used as common currency to produce this function, it performs this function fine as a free floating asset, as price carries information.

There are no political solutions, and not in the poltard "violence is the answer" as violence is of course wholly political, there are no political solutions because politics is a memetic parasite that never fixes anything. There are only technical/economic solutions, and BTC is just that, a technical fix for Money.

[Anonymous No.56950986]

>>56950813
this is retarded thinking that gets absolutely crushed in practice. How about I just shoot you and take your bitcoins?

[Anonymous No.56951022]

>>56946019
>native americans
isn't this the bitch that claimed to be a native american and later was found to be completely made up bs?

[Anonymous No.56951040]

>>56946019
Why wont they stop tether?? 85 billion dollars backed up by what? fairy dust?

[Anonymous No.56951062]

>>56951040
do you actually think they know or care to know what's going on in these bills
some guy in a suit brings a bag of money and says "make bill with words" and they do it

[Anonymous No.56951126]

>>56951040
Tether is one of the worlds largest purchaser of US treasurey bills. They won't take kill one of their best customers. Most of tether backing is in bonds and tbills, which is why the whole "there isn't 1 dollar for every tether" argument is technically true but retarded in practice because anybody that trusts the dollar should trust bonds and tbills and they are one of the few things liquid enough to act as a reserve.

[Anonymous No.56951131]

>>56947101
Average mutt lmao

[Anonymous No.56951254]

I was wondering what Pocahontas was up to these days.

[Anonymous No.56951261]

>>56951254
She’s clearly getting stuffed in everyhole by those ceo’s like that scene in eyes wide shut

[Anonymous No.56951290]

>>56946271
Most bad breath is caused by people not cleaning their tonsils. As you age you develop crevices around your tonsils where food can get stuck and fester. No matter how much you brush your breath will still smell like shit if you don’t clear the tonsil stones.

[Anonymous No.56951699]

>>56951126
how did they buy the T-bills? with tether?

[Anonymous No.56951749]

Fuck you bitch I ain’t reporting shit. Suck my sweaty ballsac.

[Anonymous No.56951765]

Looking like an overgrown cabbage patch kid with down syndrome.

[Anonymous No.56951772]

>>56946283
Why are we unable to go back?

[Anonymous No.56951825]

>>56946019
Old news

[Anonymous No.56952201]

>>56950986
Dullard. Essentially all of gold's value is of this monetary type, almost all gold, whether as bullion or jewelry, is just sitting around being a unit of account. Bitcoin is not "digital gold", bitcoin is a quantum leap forward in units of account. Gold was used because it's natural properties lent itself to the function, but that's it, it has always been the "unit of account", the monetary use, that we've wanted. Bitcoin does this function far better than gold, fixed supply, this halving less than half of gold's inflation, in 3 halvings 1/20 of gold's inflation, weightless, can be transferred globally quickly, cheaply, and securely, transparent ledger prevents rehypothecation holes from forming etc etc.

You don't understand Money, thankfully economic solutions do not require you to understand them to work.

[Anonymous No.56952223]

>>56951699
>he's so low IQ he can't see the systemic economic value of a cryptographically fixed unit of account so believes demand for on-ramps must be fake
What's it like being a midwit?

[Anonymous No.56952225]

>>56946019
i thought they did this already. why are they still talking about something they already did?

[Anonymous No.56952423]

>>56951772
The moon landings were part of a ludicrously expensive pissing contest. There was never any actual reason to send people there other than to rub it in Russia's face.
We still send lots of probes and rovers around the solar system because they're useful. They're a lot more useful for a lot longer, while also being far cheaper. Humans plus support systems are fucking heavy. We don't fly supersonic passenger planes anymore either, because it never made economic sense to do. Sometimes humans do shit just because it's cool, but once you've done so it's no longer nearly as cool.

[Anonymous No.56952747]

>>56946601
cannot be voted on untill next congress

[Anonymous No.56952763]

>>56946019
poocahauntis is gonna come after cash next
the leftist goal is to make everyone equal through hyperinflation
no safehaven for savers, everyone will use the cbdcs and eat the bugs

she makes $400k, every month
mostly through bribes(money laundered through lobbying)
and its legal

[Anonymous No.56952769]

>>56946047
Kek...

[Anonymous No.56952785]

>>56951126
Check out the big brain on Brett
>>56947882
>Doesn't understand crypto
There was an insider dump before the news broke, so SOMEONE understands it.

[Anonymous No.56952792]

>>56946019
The United States of America ARE cryptocurrencies. It's all a big show. Warren speaks to elderly voters.

[Anonymous No.56952811]

It's not even close to passing. There is a long process to passing a bill and this has barely begun. First it needs to be passed by the Banking, Housing, and Urban Affairs committee, then it must pass the Senate, then pass the House (and if they modify it it keeps getting sent back and forth until they agree), and then finally signed by the president. Republicans seem to be generally pro-crypto and there is little political will from the democrats to do anything about it, aside from Warren and a small group. Republicans control the house right now anyway and could completely block it, even with unanimous Democratic support.

Great dip to buy imo while all the foreigners and uneducated Americans dump.

picrel govtrack estimates 2% chance it passes

[Anonymous No.56952812]

>>56947073
>All crypto companies just need to do is be offshore and they're untouchable and amerimutts just need to use VPNs and "regulation" doesn't exist anymore lmao
Then how come CZ is getting into prison?

[Anonymous No.56953699]

>>56946171
>>56946076
>>56946019
>>56946039
>>56947035
>>56947074
>>56947562
These are kike bankers shit posting on /biz who know most of you are too fucking stupid to understand how laws work in the USA, this has zero chance of passing the senate much less the house ever ratifying it.
On the other hand you fucking kike bankers need to be gassed for funding this cunt and being control freaks instead of just enjoying the trillions crypto can make everyone.

[Anonymous No.56953964]

>>56946601
Underrated post, bravo sir well done

[Anonymous No.56954461]

>>56952812
His case was money laundering via sanctions, he also had a US exchange that co-mingled with the global one. Just mutts using your platform isn't enough to jail you because you can argue plausible deniability and pretend to ban mutts.