/biz/ - Business & Finance

>>14854291
fuck yea get rekt u stupid nerds

>>14854291
Wait a minute. That phenotype...

>>14854291
> Burgers are actually fucked

Fixed that for you.

t. The other 96% of the world population.

>>14854310
lmao

It's actually XMR that's fucked. Shit is going to get delisted from every reputable exchange and Burgers known to have withdrawn significant quantities of XMR from exchanges are going to get a visit from the feds.

Good luck with that

Anyone here can spin up 50 wallets and tumble through multiple exchanges
Just boomers talking about shit they do not even remotely understand.

>>14854310
shalom

>>14854291
Nothing new! For those that have been following along.

Yes mr mnuchin pls fud more id like to increase my position before the next bullrun

>>14854313
you mean 95.725?

>>14854291
>he doesn't think they're trying to buy low

>>14854338
XMR was a honeypot from the start

>>14854291
Buy Silver

>>14854313
Nope & Burgerland rules the whole world BTW!

https://www.fatf-gafi.org/countries/#FATF

>>14854340
This

>>14854338
100% this. Been saying this for a while but anyone holding XMR is so screwed.

>>14854291
((("United" Goyim of America)))
Land of the enslaved and home of the cowards.

fucking monero will thieve

>>14854313
Yeah im sure your coins will be fine if America is banned from crypto trading. Retard.

>>14854291
Reminder this is just ultra-premium FUD on behalf of institutionnal money, that started accumulating but got caught off guard by the last pump
This is bullish as fuck

>>14854340
Law enforcement takes this shit very seriously and they use blockchain forensic software provided by companies like Chainalysis. Also burgers should expect full trade histories and deposit/withdrawal addresses associated with their Coinbase and Binance accounts to be subpoenaed in the next year or two. The government is catching up quick. Generating random addresses to mix up illicitly obtained BTC can help launder it but it doesn't absolve the owner of owner of the original address from whatever clandestine activities they committed in the first place.

>>14854421
Burgers would dump everything and we'd carry on trading without you.

>>14854340
Nobody with real money is going to do that. Bitcoin will be relegated to ancap nerds, hackers, and terrorists. It won't go away but any chance of reaching $20k again is gone.

>>14854428
THIS GUY FUCKS

>>14854291
Good luck to these dipshits. They can't even keep illegals from flooding into this country, I'm not worried about them banning something that can't be banned.

Brainlet here, got a question, might need venir spoonfed. How is possible that this fucking abrahamic cunt it's more worried about btc than the tether money machine. Basically a Singapore company owns the only digital dollar printing machine.

>>14854434
Listen, Burgers rule the world though
1. US (((Persons))) - if you do business with a US (((person))) your in US Jurisdiction
2. USD - Use USD or even if a transaction gets routed though Burgerland.
3. .com/.net - Ask Calvin about this, its though his gambling site this became law.

>>14854430
Buying drugs with bitcoin is so 2013. Real niggas use XMR.

>>14854498
This.

>>14854291
> “We’re going to make sure that bitcoin doesn’t become the equivalent of Swiss-numbered bank accounts, which were obviously a risk to the financial system,”

Oh its still going to be a risk either way. Like that one senator who asked about the prospect of 1 billion Libra wallets having an average of 100 USD worth of Libra. You know, utterly destroying the value of everything else in the world economy level stuff.

They seriously might as well just start downsizing the government now in preparation for the ass fucking that is on its way with illegal activity or not.

>>14854291
what are you idiots freaking out about? he literally said the same thing he said during the press conference "use crypto legally and pay taxes" christ this board is filling up with niggers and spics again

>>14854407
S-shut up!!!! You're just jealous we're the goodest of goys!!!!

>>14854661
this
>bitcoin is fucked because its going to follow the rules of the other 100T financial assets in the system....oh noes!
all it means is that wallstreet can fully invest dummies.

>>14854421
If they get banned we wouldn't be, but it's just the normies being given a harder time. Get fucked, doesn't affect us, US is a literal second world country, etc

>>14854338
Not selling my XMR. Bootlickers

If you actually watch the congress hearings regarding Libra its kinda obvious as fuck as this point that even with full blown regulation crypto is going to crush the USD long term.

Take as you want guys. Many of the people brought up all kinds of points on the topic and the Facebook situation spawned a massive debate and countless times it was brought to light that the government is absolutely fucked. Every government in the world is fucked. We only have the ability to reach different degrees of fucked at this point.

>>14854291
Bitcoin isn't going to be anonymous, but ethereum is going to.
The funny consequence of eth2.0 design is that shielded zk-snark transactions are going to be the cheapest way to transfer funds.

>>14854784
what particularly fucks them is that big tech companies gain no real advantage from being based in any specific country.
FB could move to fucking malta for all the average user cares.
So if gov pushes too hard, then they will just wipe out hundreds of thousands of high paying jobs....they must talk tough but walk very carefully.

>>14854792
Good luck convincing the government to not reclassify your piece of shit premined scam coin as a security after PoS happens

>>14854808
Like libra foundation in Switzerland
Really bakes the noodle

>>14854291

Every. Time.

Thanks Zion Don!

>>14854831
It doesn't pass the Howey test because you need to run a node to stake it + the stake functions as a collateral, not as pure share. You can lose your collateral.
NEO is a security because it just generates GAS with no node and there's no risk of losing it.

>>14854847
Precisely. The rise of crypto is intimately tied with geo-economic politics. There are no 'simple solutions'.
As much as any individual country hates crypto, they hate their competitor more, thus crypto will benefit

>>14854847
I am SO hopeful of this, the worst part is Monkey Skelly knows that PoS = Security.
The '15 ETH FUD was real!
t. didn't buy ETH @ ICO

>>14854808
To that point, Facebook is incorporated in Ireland.

>>14854438
You mean the same people it's always been relegated to?

>>14854898
There is an entire other side to this (i know /biz/ is not the right forum for >105iq discussions, but anyway)...the fed reserve is ultimately going to like having the USD distributed by proxy.
Libra is going to take over many shit countries...and thus they will take on a proxy of the USD. This effectively allows fed to print multiple more money without having disastrous inflation effects on homeland.

>>14854498
Truer words...

>>14854863
But that is not how it works from my view...The reason why PoW is a commodity is b/c work is required to open it (mining). PoS is not a commodity, it requires you to buy into the scam, once/if they implement PoS

>>14854808
It doesn't matter, >>14854515
they have US (((persons))) using it, its .com. The US can claim jurisdiction

>>14854982
>But that is not how it works from my view
Good thing your view doesn't define what a security is then.

>>14854808
>they must talk tough but walk very carefully.

I think its honestly too late. And its too easy at this point to directly attack them by funding legit projects based all over the world.

Wallets can have privacy functions as well as a lottery built in. The lottery isn't for gambling its to make it so anyone can claim they won the lottery any time the government wonders where the money came from. Just the existence of functionality like that is enough to make it impossible to prove you evaded taxes.

Going after people who have crypto is dangerous as it can result in the destruction of the keys to the wallet.
> The flashbang destroyed my hard drive! You assholes destroyed the money during the raid!

Other countries can offer competing currencies that have better functionality as a way to directly strike at America. You cant prevent US citizens from holding that countries currency. But most of all, even if everyone follows the rules. Even if everyone pays taxes and non of the shit above happens. People are simply going to stop using banks over time. The more poor people get the more likely they will only hold crypto. If the USD is inflationary then less people will hold USD.

I think the cat is out of the bag and I think its just over even in the best possible case.

>>14854313
Well India and China are not allowed to own Bitcoin to at best it's like 60% of the world. Europe will soon follow with the same regulations.

I guess you're relying on Africans to buy your bags? LMAO!!!

>>14854996
great rebuttal!
look the SEC has yet to provide complete guidance on PoS, but read the below. There is NO way you could say it wasn't a security either.

https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets

>>14855074
The SEC doesn't define what's a security. They are an executive body.
https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co..
>"In other words, an investment contract for purposes of the Securities Act means a contract, transaction or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party, it being immaterial whether the shares in the enterprise are evidenced by formal certificates or by nominal interests in the physical assets employed in the enterprise."
>led to expect profits solely from the efforts of the promoter or a third party
doesn't apply to ethereum staking.
Not a security, case closed.

>>14855049
>Well India and China are not allowed to own Bitcoin
But they do own it. They even have peer-to-peer cash exchanges.

>>14855049
>Well India and China are not allowed to own Bitcoin

India and China have failed miserably at controlling crypto. Hell, even /biz/ suffers to this day from indian scammers pooping the place up to a point where demanding flags might as well be an act of racism. LMAO

>>14854291
Imagine not being all in on the the only thing that’s actually going to make it.

>>14855108
>Not a security, case closed.
Sounds pretty ignorant...
Could it not be argued that staking in a common enterprise?
Have you read the latest (((Guidance))) in the link I posted?

Back in '15 it was feared that BTC could be a security...

>>14854808
This makes me think...
The US cannot pull the same shit they did with Huawei on companies like Facebook and Google.

People will still use Facebook and Android's Play Store.

If crypto will make governments obsolete, and these companies, currently so entrenched into people's lives due to social media and technology adoption, and they create crypto like Libra, there can only be one conclusion:

These corporations will eventually replace governments and rule the world.

>>14855176
Libra kills the Ripple

>>14854340
Nigga, this isn't like nested shell companies that you see on teevee, blockchain analysis takes very little time.

>>14855215
Yeah we genuinely are going to live in an authentic cyberpunk world. Prepare accordingly.

>>14854728
Second world lmao if there was one government to rule the world it’d be the US and if he wanted to hitler shit up we could and nobody could stop us

https://www.govtrack.us/congress/bills/116/hr2144/text

hope it passes

>>14855240
>Libra kills the Ripple

Yeah, Libra will probably kill a lot of alts actually. If Libra has dap functionality then it may even come for ETH/EOS/TRX/NEO/ADA ect

>>14854291
whoa...
No way???
Not good...

>will police
Isn't that already the case? There's not a single exchange that doesn't ask for ID verification. They can literally trace where every payment is coming from and going to, unless it's done otc which is an insignificant number of transactions.

>Mnuchin was also asked if bitcoin’s use in >illegal transactions disqualifies it as a legitimate >currency, given that the U.S. dollar is often used >by bad actors for illegal purposes.

Hahahahahahahaha hahahahahahahaha hahahahahahaha get fucked nocoiners

>>14854338
BISQ

>>14854310
check on wikipedia
yep, EVERYTIME

>oy vey goyim, you cannot simply hold btc in your wallet, that's not kosher! why don't you just hold the great us dollar like a good cuck instead huh?

>>14854291
Hint: this kills the lightning network

Fuck it I'm moving to colombia

>>14854515
>your
what is wrong with your brain?

It's fucking OVER

BILLIONAIRE PEDOPHILES BTFO

>>14855477
>what is wrong with your brain?
We all make mistakes Anon! Besides it's /biz/ most wouldn't notice!

>>14855273
Libra will bend the knee to link though. I'm gonna be rich lmao

>>14854310

“I don’t think that’s accurate at all, that cash is laundered all the time,”

ok if they're going to operate in bad faith so am I, good luck faggots

>>14854291
Goys blown the FUCK out

love seeing you pathetic goys try and make money

>>14854310

>>14854310
>Brown eyes
>Dark hair
>Strong eye brow ridge
>Recessed chin
>Slopping forehead
>Big nose

Only Neanderkike “god choosen” phenotype this man doesn’t have are big ears

>>14854407
Lol

Real chads buy XMR

>>14855215
>These corporations will eventually replace governments and rule the world.
it will happen but it will take a long long time. US gov can jail any CEO who tries to threaten the State. It's a national security issue, they can send special ops forces anywhere in the world to assassinate anyone threatening the state.

>>14856583
But corporations will start having their own armed forces and covert ops.

>>14855892
They don’t need to bend anything lol, they’ve been working with Chainlink from the very start.

>>14854291

>>14854783
This

XMR's use case just got even better. How are they gonna crack down on something that they can't even know about?

>>14855162
do the needful sirs

>>14854691
Except regulating it to exchanges for "investing" and not allowing it to remove from exchanges citing security concerns. It will never be a currency once wallstreet blocks off access.

>>14854362
and if you round it....

>>14857280
Some autists out there think they're Vulcan.

>>14856718
they cant compete with the power of the us state. the state can just shut any business down and forbid to sell their product

>>14854338
Your retarded as fuck. If shit gets real bad the exchanges and nodes will just go to on tor.

>>14854291
well yeah, we already, uh, have that.... pic related...
repeat after me: THE GENIE IS OUT OF THE BOTTLE GET FUCKED KIKES

>>14856762
Will we ever get a second chance goys? We didn't even elect Ron Paul.

Just use XSN's new Dex with Tor to anonymously send any crypto on lightning network. Fuck kyc

>>14857457
Shit i meant wallet. but fuck it, use the Dex as well

>>14854310
holly shit top kek

>>14854310
absolutely perfect

>>14855049
Good one, lol

>>14854430
>he's still using btc
you're one step above boomers but just one step anon
one hint: cryptokitties

>>14854338
the moment Monero gets banned anywhere it will pump like 50%
plus, you can't truly enforce the ban

>>14855506
All I want is to use MT etc to buy illegal porn on TOR. Why must the US oppress me?