Cryptocurrency
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- neverscared2
Japan's Financial Services Agency Seeking to Ban Stablecoins like #Tether amid ongoing fraud, price manipulation, and money laundering concerns.
- scarabin3
Apparently tether printed 1,500,000,000 USDT a couple days ago, backed by nothing at all, which is being used to buy other crypto like bitcoin. Wouldn’t this devalue those other coins? I don’t get how they can just pull that money out of thin air.
- exactly. none of it makes any sense.
everyone knows this. Just get while the getting's good is the underlying philosophy._niko - like bernie maddoff did ?!neverscared
- like Madoff's investors, many knew what was going on and the returns were impossible but they just shut the fuck up and raked in the dough_niko
- lol neverscared beat me to it_niko
- yeahh its funny , not so much when the blowback comes.. though... boom boom crashneverscared
- If they printed a massive chunk of money to buy Bitcoin, wouldn’t that push Bitcoin higher?nb
- Yeah but then the bitcoin market is propped up by fake money, kind of making it worthless? If i were a crypto “bank” i wouldn’t cash out anything bought w USDTscarabin
- or is it because the stable coins bind worth to fiat currency...they probably think they can do they same as a central bank. and those are fighting back.uan
- 1.5 billion is nothing in the crypto spaceinteliboy
- Tether has survived 100 and this makes it 101 FUD attacks plus a sec lawsuit.inteliboy
- there is a tipping point for every fraud... and then it flash crashes... tether is the first.neverscared
- exactly. none of it makes any sense.
- neverscared1
- https://uk.pcmag.com…neverscared
- Cubans with internet access didn't like the guys on the picture and live in Floridauan
- ok, u are must know. ehehehneverscared
- spl33nidoru4
C) I can’t believe we could have all been rich
- that's what we've been saying now, looking back a few years :)monospaced
- _niko2
in 10 years time we will look back and say
A) Wow I can't believe we lost all our money on the worlds biggest Ponzi Scheme
B) Wow I can't believe we all became multi-millionaires for no reason at all.
- C) I can believe we used to work for pieces of paper printed by Governments that debased its value at will and backed it with guns/threat of violence.shapesalad
- D) LOL those central bank crypto currencies never took off as no one wanted government controlled money.shapesalad
- theres a crash to every ponzi... so there will be tons of reasons and a massive blowback. same old same old.neverscared
- and the air will be much harder to breath on top of that... but at least some greed boys had their fun.neverscared
- Apparently many of you don't have mortgages if u don't understand working for "pieces of paper printed by governments" the whole cryptospace isjonny_quest_lives
- full of libertarian man children who want something for nothing then try to browbeat the next sucker into the cult just to move the grift along.jonny_quest_lives
- I think you miss the point, I want to work, and earn btc. Not work, earn fiat, and it instantly start losing value day by day.shapesalad
- currently nothing stopping you from offering your services to fellow like minded crypto enthusiasts for payment.jonny_quest_lives
- or take some of your income and fiat and pump it into an exchange i hear they give you bonuses for pumping real money in...jonny_quest_lives
- i prefer not to be paid in something that can flash crash tomorrow.jonny_quest_lives
- but what if it flash booms tomorrow. You could earn the same money again from doing absolutely nothing.microkorg
- grafician-11
"I estimate that every day Ethereum delays PoS, it emits ~20ktCO2. That’s comparable to two to three coal power plants."
https://kylemcdonald.github.io/e…
"Ethereum's emissions are three times bigger than huge centralized services like Facebook (serving billions of people on 7.2TWh/year). The corresponding emissions can be compared 2-3 coal plants, or 500 thousand people in the USA, or 4.2 million people in India."
- No wonder they be trippin over "gas fees"grafician
- but artists needs those sweet sweet NFTs moneysgrafician
- It is ironic how this is just ignored by the same people pushing EVs.formed
- How?omahadesigns
- shapesalad1
Earn interest on your crypto, no locked period, interest paid monthly, so you can compound it. Never hacked. Good reputation. Estonia Registered, financially back.
And... for £ / € deposit you can earn 12.30% !!!!
- "Euro (EUR)
12.3% APY"
LOLgrafician - meanwhile https://www.dailymai…shapesalad
- 12.3% is funny? better then no %. but yes inflation eats a big chunk out that 12%shapesalad
- No, I meant HOW they give you 12%, that's a lot. I get they some promise huge APY on crypto, like even +100% lol
BUT on Euro that high % is very shadygrafician
- "Euro (EUR)
- grafician-7
CEOs of Coinbase, Stellar, Paxos, Bitfury, FTX and Circle to be WITNESSES AT HOUSE HEARING ON CRYPTOCURRENCIES
oh boy
- grafician-5
"SEC CHAIR GENSLER: THE MAJORITY OF CRYPTO DECENTRALIZED FINANCE ARE NOT REALLY DE-CENTRALIZED."
- omahadesigns0
Shib
- omahadesigns0
Loopring
- omahadesigns-1
Gala
- Nairn5
- Nice. So we can buy her on the dip. Who can pass up a sale, son?DRIFTMONKEY
- ^ lolGuyFawkes
- the LA lakers arena might sue herKrassy
- shapesalad-1
So I have about $30 of USDC in my MetaMask wallet... But there's literally nothing I can do with it, as it's on the Ethereum network and moving/swapping of it = ETH fee of excess $100.
Any ideas? HODL for ETH V2?
- And before all the anti-crypto folks chime in... I've used SOL and not only is it super fast, the fee is virtually nothing.shapesalad
- No choice but to hodl, right? Crazy that ETH is the most dominant SC platform.mandomafioso
- use a bridge.inteliboy
- I move ETH by converting it to ADA - not sure if you have that optionSlashPeckham
- Gabriel0
$ASH
- This? https://www.nasdaq.c…grafician
- (my father wore.)Brabo_Brabo
- grafician-9
"Citadel CEO Ken Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution"
"The 53-year-old billionaire paid $43.2 million for the historic document; he plans to lend it to a museum in Arkansas"
https://www.wsj.com/articles/cit…
So this the difference between having real money and having monopoly money boys
Not to mention those crypto losers paying the gas fees for nothing
- he simply outbid them, thoughmonospaced
- yeah that's how auctions are won usuallygrafician
- drgs0
- Cheap people when they get some moneygrafician
- looser than what?Krassy
- looser than facemelt's comb over.Brabo_Brabo
- neverscared1
Canadian Teen Arrested in Crypto Theft Worth $36.5 Million