Please wait...
I think it was more the angle of "we cant track/tax it so its only
use is to launder money", not counterfeit.
From the government's perspective, I don't think there's a difference. Anything that can't be taxed is bad, m'kay?
:)
Looks like Musk is messing with the value of several cryptos by his tweets here lately. Pissing off the FTC.
Fri Feb 12 2021 20:00:38 EST from IGnatius T FoobarI think it was more the angle of "we cant track/tax it so its only
use is to launder money", not counterfeit.
From the government's perspective, I don't think there's a difference. Anything that can't be taxed is bad, m'kay?
Tesla is being questioned on its BitCoin purchase.
https://news.bitcoin.com/elon-musk-tesla-conflict-of-interest-1-5-billion-bitcoin-purchase/
Seems Gates is trying to manipulate the crypto market now. Saying its bad, drive value down.
Wonder what his angle is. Seeing a lot more of his ugly evil face here lately, in a variety of situations.
Right, but must be a reason for his attacks. Is it to devalue and hurt Musk, just to be a prick? Or he want to get the prices down so he can buy them all and cut us out of using digital currency? Or is he coming up with his own 'blessed' version..
Everything he does is for a reason. ( all about him of course, but still, a reason )
Sun Feb 28 2021 22:01:43 EST from IGnatius T FoobarAs I've said elsewhere: he has a god complex.
If he is guilty as proposed, then nearly every investment firm on the plant needs the same treatment. And lottery.
Fri Mar 05 2021 18:50:12 EST from zooerJohn McAfee indicted on cryptocurrency, fraud charges for cheating investors out of $13 million
But the lottery is for the children, for education! Has education not improved since the start of state lotteries?
If lotteries helped education then people would be educated enough to realize lotteries are not a good investment.
I think ours went to lower taxes on plates, public pensions. And of course politician pockets via some 'project fund' for building stuff like roads, internet, etc.
Sun Mar 07 2021 17:30:38 EST from zooerBut the lottery is for the children, for education! Has education not improved since the start of state lotteries?
If lotteries helped education then people would be educated enough to realize lotteries are not a good investment.
We're almost back to star chambers and kangaroo courts, guys.
Sun Mar 07 2021 08:06:58 EST from Nurb432If he is guilty as proposed, then nearly every investment firm on the plant needs the same treatment. And lottery.
Fri Mar 05 2021 18:50:12 EST from zooerJohn McAfee indicted on cryptocurrency, fraud charges for cheating investors out of $13 million
The actions against McAfee by the DoJ and the IRS represent a worrying shift in the view of the U.S. government’s criminal enforcement arm.
Earlier this month, antivirus pioneer John McAfee was officially charged by the United States Department of Justice on seven counts of fraud and money laundering. These charges have been filed with respect to his activities in the crypto space from 2017 to 2020.
https://cointelegraph.com/news/the-things-the-doj-s-latest-move-against-mcafee-has-taught-us
Crypto in general is problematic for ... let's call them "Big Fiat". A large shift of economy from fiat currency to crypto currency would mean that Big Fiat can't just "print more" to enrich itself at the expense of inflating the currency.
As I've mentioned before, I'm surprised that they haven't simply declared that all crypto currency transactions are de facto counterfeiting.
But it would be funny to see the NSA have days when they dedicate all their acres of compute resources to mining :)
Who is to say they are not already..
Mon May 03 2021 09:56:32 AM EDT from IGnatius T FoobarBut it would be funny to see the NSA have days when they dedicate all their acres of compute resources to mining :)
As I've mentioned before, I'm surprised that they haven't simply
declared that all crypto currency transactions are de
facto counterfeiting.
I watched what I think was a senatorial meeting some years ago, where they joined up together to discuss what to do regarding cryptos. I was fearing they would start arguing how to ban them. Instead, they first speaker started with a line that can be summarized as:
"There is a lot of money to be made here. We have to ensure all this crypto stuff is done in the US so we get a slice of the pie instead of letting anothern country get ahead of us in this tech."
The latest news is that El Salvador is going to make Bitcoin legal tender, i.e. a legit form of currency within their nation.
This has all sorts of implications and should be an interesting experiment.
Hopefully it works. It would be great for other nations to follow and eventually take fiat powers away from all of the governments.