Obfuscation is our game; destruction is our aim.

in crypto •  2 years ago 

Gary the Goose continues to lockstep with his handlers in creating a jurisdiction where the crypto-innovators will be trashed so as to allow the crypto-banksters to come in and promise faux-crypto products to a zombie-nation.

SEC Refuses to Entertain Coinbase’s Request for Crypto Clarity

Even other arms of the control-system have slapped the Goose for being too obviously maladjusted.

On May 11, the U.S. Chamber of Commerce filed a brief criticizing the Commission in its case against Coinbase. “The SEC’s actions are not just harmful policy; they are unlawful; and the consequences of the SEC’s continued delay are severe for that reason too,” it stated.

On May 15, the SEC filed a brief in response to the Coinbase petition for a Writ of Mandamus. It made its stance very clear in that it was not prepared to abide by and provide any clarity on crypto regulations.

Obfuscation is our game; destruction is our aim.

Plenty of reactions in the cryptoverse.

Keep the bigger game in mind - the advanced industrialised first world is being trashed so that it descends to third world status - the technocratic prison will be much easier to manage when almost everyone on this planet is shit-scared, dumbed-down and obedient. The SEC is just doing its bit to usher this along.

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  ·  2 years ago  ·  

The SEC just cannot stop shitting on everything.
Banks, lawmakers add to Circle, Coinbase, a16z critiques of custody rules

“Recent joint statements from the federal banking regulators have discouraged federally chartered banks from holding digital assets or even holding the deposits of digital asset firms. As a result, many digital asset companies have opted to custody their assets with state-chartered banks and trusts,” a comment letter from McHenry, [House Financial Services Committee Chair] as well as each subcommittee chair on his committee, reads. “Thus, the question in the proposal regarding whether qualified custodians should be limited to federally chartered entities is highly concerning, especially as it applies to digital assets.”

The EU has already stuffed banks by demanding they hold 100% in reserves on top of the digital assets. This is a con, as it means full-reserve banking, which they do not otherwise allow - ask Custodia.

  ·  2 years ago  ·  

This looked like an interesting title: Digital assets should be valued as ‘proper property’ — Sandbox co-founder
But Sebastien Borget, Sandbox co-founder, goes all woketard very quickly, believing way too many mainstream lies.

Anyway, some countries have taken this as a first step - to define digital assets as property - so covered by property laws - and then take time to define precisely the kind of property. Securities are also a type of property. Also, not all digital assets are the same type of property.

  ·  2 years ago  ·  

yeah, climatemoron alert. It's a Club of Rome project. That's all... that's it.

  ·  2 years ago  ·  

In context, this is bizarre:
Secret Service owns crypto, loves blockchain and has an NFT collection: Reddit AMA

On May 15, representatives from the United States Secret Service San Francisco Field Office and the Bay Area Regional Enforcement Allied Computer Team (REACT) opened themselves to questioning from members of the subreddit, r/cryptocurrency.

worth reading, just to come closer to the reality of the control-system. This isn't, on the surface, a battle between pro and anti crypto, it is about poverty and slavery versus abundance and freedom.

It always struck me that crypto protocols could do both.

  ·  2 years ago  ·  

This is great in putting to bed so many lamestream lies, eg the Eliza Herring Warren creature likes to spurt out.
Let us never forget that BTC remains shrouded in mystery - an NSA project? could be! The tech needed to be tested in public, and hardened when needed - or softened to crash it.