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Blotto_Otter posted:banning crypto would be a good idea. banning crypto is not at all what desantis is proposing, and if you think that's what he was proposing here, you're one of the rubes that these performances are meant for banning digital currency of any type issued by anyone is a good idea, i dont care if ron wants to be the next donald trump or king of disney world. Digital money is stupid now excuse me while i polish my life savings of sliver coins and poke mon cards Edit: sorry for a stupid page snip
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Mar 22, 2023 01:19
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I'm all for banning fantasy digital money, explicitly - but again: CBDC doesn't exist, so this is like banning terminator bots from AI before they exist. Okay great but....? Even if government one day does put out a CBDC it's more than likely it'll be some backend bank settlement poo poo, not something we would do. Like how banks reconcile eurodollars. I'm not expecting they're going to set it up where we just "send 1 CBDC dollar to Ups_rail on the blockchain at dickbutts.cbdc".
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Mar 22, 2023 02:03
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Imagine being able to send money from your bank account to other people on the internet without needing to mail them a cheque
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Mar 22, 2023 02:28
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Boxturret posted:Imagine being able to send money from your bank account to other people on the internet without needing to mail them a cheque I'm so happy bitcoin made such a thing possible.
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Mar 22, 2023 02:40
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*laughs with interac*
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Mar 22, 2023 02:46
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notwithoutmyanus posted:I'm all for banning fantasy digital money, explicitly - but again: The superior option genuinely just seems to be making sure that as few places as possible are so backwoods and unconnected that you'd need a money transfer solution that doesn't check in with the central authority.
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Mar 22, 2023 03:42
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notwithoutmyanus posted:I'm all for banning fantasy digital money, explicitly - but again: Also, states explicitly have no say over currency. It would be like DeSantis declaring that the upcoming Hariet Tubman 20 isn't legal tender. Which is something I could honestly see him doing.
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Mar 22, 2023 03:52
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Boxturret posted:Imagine being able to send money from your bank account to other people on the internet without needing to mail them a cheque how would I ever do that without Bitcoin? E: What the gently caress is a cheque?
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Mar 22, 2023 06:16
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How is the dollar not already a cbdc, practically speaking? It’s issued by the fed and the things get shunted around without physical money changing hands. Has Ronnie just banned money in Florida?
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Mar 22, 2023 09:11
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Money isn't real. Think about it
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Mar 22, 2023 09:34
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LordArgh posted:Money isn't real. Think about it What if money is real but florida isnt?
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Mar 22, 2023 09:52
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Ups_rail posted:What if money is real but florida isnt? Look either money is real and florida is real, or money isn't real and florida isn't real. The two are far too interconnected for you to mix and match like this!
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Mar 22, 2023 10:02
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Americas banking is so backwards lol. I've been able to send money to any domestic account via my bank's website since 1999 and via the app basically since apps were a thing. Edit: for free
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Mar 22, 2023 10:07
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Florida, like race and money, is a social construct.
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Mar 22, 2023 10:12
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BRO, you can't ban my CBD Cannibis..
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Mar 22, 2023 10:25
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exmachina posted:Americas banking is so backwards lol. I've been able to send money to any domestic account via my bank's website since 1999 and via the app basically since apps were a thing. such a backwater how will banker afford their 2nd mistress
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Mar 22, 2023 10:26
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Kerbtree posted:How is the dollar not already a cbdc, practically speaking? It’s issued by the fed and the things get shunted around without physical money changing hands. The main thing about a CBDC is that it would be a token that would require no checking in with a central authority every time you're shifting it around, theoretically making it easier for two random individuals to exchange their cyberdollars without a middleman and possibly making it more workable in areas without connectivity to banking systems but still robust internet/phone connectivity. So it's something that's going to have a staggeringly narrow number of usecases outside of "avoiding taxes."
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Mar 22, 2023 10:27
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Ups_rail posted:such a backwater how will banker afford their 2nd mistress By laundering money for human traffickers and Russian oligarchs?
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Mar 22, 2023 10:31
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Ups_rail posted:such a backwater how will banker afford their 2nd mistress Don't worry they still make squillions due to our insane property market.
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Mar 22, 2023 11:44
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https://twitter.com/latimes/status/1638638729651978241?s=46&t=CBKJcBX0BD3U5HgUdsqBtw
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Mar 22, 2023 21:53
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man, i could have sworn that someone named "lil yachty" was giving me hot investment tips out of the goodness of their heart. i am astonished to find that it was a paid endorsement
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Mar 22, 2023 22:06
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An artist I follow and have bought some nice prints from recently has just emailed announcing they are launching NFTs in April, which is disappointing considering the spiritual nature of a lot of their work. I'm unsubscribing, what is a useful bit of criticism to put in the box to possibly make them reconsider?
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Mar 22, 2023 22:24
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BigHandsVince posted:An artist I follow and have bought some nice prints from recently has just emailed announcing they are launching NFTs in April, which is disappointing considering the spiritual nature of a lot of their work. If they're a spiritual type? Something about how NFTs (and crypto in general) are destroying the environment and you expected better from them.
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Mar 22, 2023 22:26
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Yeah that's what I thought, but isn't Ethereum less bad now or something?
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Mar 22, 2023 22:28
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PurpleXVI posted:The main thing about a CBDC is that it would be a token that would require no checking in with a central authority every time you're shifting it around, theoretically making it easier for two random individuals to exchange their cyberdollars without a middleman and possibly making it more workable in areas without connectivity to banking systems but still robust internet/phone connectivity.
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Mar 22, 2023 22:37
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I fell way behind on this thread, but skimming the last page makes me think cryptobros are using the phantom "banking crisis" news surrounding SVB and a couple other institutions to drum up apocalyptic fantasies about the dollar devaluing and scamming harder around that? I mean, they're always scamming as hard as they can, but am I right that this is the grift du jour?
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Mar 22, 2023 22:56
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CaptainSarcastic posted:I fell way behind on this thread, but skimming the last page makes me think cryptobros are using the phantom "banking crisis" news surrounding SVB and a couple other institutions to drum up apocalyptic fantasies about the dollar devaluing and scamming harder around that? Yeah the thing is your average tiktok investor was a literal child the last time interest rates broke 5% and they think it's the end of the world
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Mar 22, 2023 23:03
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zedprime posted:You just described gift cards. Or physical currency, yes.
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Mar 22, 2023 23:17
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CaptainSarcastic posted:I fell way behind on this thread, but skimming the last page makes me think cryptobros are using the phantom "banking crisis" news surrounding SVB and a couple other institutions to drum up apocalyptic fantasies about the dollar devaluing and scamming harder around that? https://twitter.com/molly0xFFF/status/1638348334996811776
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Mar 22, 2023 23:44
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LA Times burying the Lede here for people who follow this thread. quote:The focus of the SEC charges is Justin Sun, described as a “crypto asset entrepreneur,” who owned a handful of crypto companies, “for the unregistered offer and sale of crypto asset securities Tronix (TRX) and BitTorrent (BTT),” the SEC said in its release.
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Mar 22, 2023 23:45
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"Crypto friendly banks are in crisis." "banks in crisis" = bad. That leaves "crypto friendly". Math checks out.
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Mar 22, 2023 23:50
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Crypto friendly banks getting bailed out It’s basically the last “I am INVEENCABLE” before the hacker guy freezes to death in Goldeneye
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Mar 22, 2023 23:59
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Jim Cramer endorsed both Signature Bank and Silicon Valley Bank recently LOL https://www.youtube.com/watch?v=oHjDCC6Vigc&t=11s
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Mar 23, 2023 00:38
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The Lone Badger posted:It must have been a decade since the last time I saw a cheque. I kept the last cheque in my chequebook as a reminder of that ancient relic. Issued by a North American bank, of course, because who else still does that nonsense nowadays?
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Mar 23, 2023 00:45
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Mercury_Storm posted:Jim Cramer endorsed both Signature Bank and Silicon Valley Bank recently LOL People's obsession with Jim Cramer is bizarre
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Mar 23, 2023 01:01
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Strong Sauce posted:LA Times burying the Lede here for people who follow this thread. Oh man, his excellency is hosed: https://www.sec.gov/news/press-release/2023-59 Securities and Exchange Commission posted:“This case demonstrates again the high risk investors face when crypto asset securities are offered and sold without proper disclosure,” said SEC Chair Gary Gensler. “As alleged, Sun and his companies not only targeted U.S. investors in their unregistered offers and sales, generating millions in illegal proceeds at the expense of investors, but they also coordinated wash trading on an unregistered trading platform to create the misleading appearance of active trading in TRX. Sun further induced investors to purchase TRX and BTT by orchestrating a promotional campaign in which he and his celebrity promoters hid the fact that the celebrities were paid for their tweets.” You really don't want the head of the SEC making a statement about the various crimes you committed with your unregistered securities
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Mar 23, 2023 01:04
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many gifts today https://twitter.com/brian_armstrong/status/1638654581436723200 part of our journey in crimes
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Mar 23, 2023 01:30
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drk posted:Oh man, his excellency is hosed: https://www.sec.gov/news/press-release/2023-59
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Mar 23, 2023 01:31
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All of a sudden in the middle of crypto rollercoaster has been people thinking that summary judgment = lawsuit over and somehow that ripple isn't going to be declared a security... despite other cryptos facing such a fate. Starts with this fxstreet article . With articles like this one from cnbc and a ghostty style chart that doesn't acknowledge that it basically shows things can go up, down or sideways: https://twitter.com/WatrsAbve/status/1636842468220993537 and hypothetical "got em"'s from cryptobro accounts: https://twitter.com/CryptoLawUS/status/1638204591899566080/ Did divabot ever write about how poo poo ripple is?
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Mar 23, 2023 01:36
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kaschei posted:Right, you want to get out ahead of the SEC by telling Twitter and every journalist you know about the various crimes you discovered and perfected once a chinese bitcoin exchange ceo publicly posted on twitter about an idea they had where they could possibly get around limits by changing the decimal place in bitcoin transactions and pretend they were for a fraction of the amount
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Mar 23, 2023 01:41
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