Bitcoin, Cryptocurrency, and the Future of Global Finance

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reecetn said:
LOL that is what happens when you buy $hit coins.

This will all take care of itself when Ripple wins the lawsuit and the high and mighty Jay Clayton and Gary Gensler get exposed for propping up said $hitcoins. I feel bad for all those who have put their trust in the SEC and are seeing just how corrupt those idiots have been.
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Bye Bye Gary



 
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#2,281
Africa's First Test Run For A CBDC has Failed | ZeroHedge

Yet, the Federal Reserve has made it clear that they are looking into this option. Per usual, they market it as a “convenience” for the people.

In truth, it is a way to ensure money stays on the grid under the thumb of government. They will not allow one cent to go untaxed, and as the program expands, they can remove individuals and organizations from participating in society entirely.
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#2,283
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#2,284
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Sam Bankman-Fried’s Political Donations: What We Know



Although federal election receipts show that Bankman-Fried donated almost exclusively to Democrats, he claimed on a November phone call with YouTuber Tiffany Fong that he donated an equal amount to Republicans and Democrats.

“All my Republican donations were dark,” he said, referring to political donations that are not publicly disclosed in FEC filings. “The reason was not for regulatory reasons, it’s because reporters freak the *** out if you donate to Republicans. They’re all super liberal, and I didn’t want to have that fight.”
 
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jmacvols1 said:
Feds Quietly Drop Charges against Democrat Donor SBF in Multi-Billion Dollar FTX Scam

Donate money to the Dems, then you can commit a crime and get charges dropped.
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n_huffhines said:
Wow, where is Ben Shapiro? This article is "total fkn garbage" because the headline doesn't also include the claim that he's a Republican donor too, right? Right?
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britney-spears-confused.gif
 
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#2,292
Benny Johnson

@bennyjohnson
·
11m
🚨 BREAKING: Sam Bankman-Fried found GUILTY on all seven counts of fraud & conspiracy in FTX trial.
 
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#2,293
jmacvols1 said:
Benny Johnson

@bennyjohnson
·
11m
🚨 BREAKING: Sam Bankman-Fried found GUILTY on all seven counts of fraud & conspiracy in FTX trial.
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This is the thing. Even IF (and it's a big if) crypto itself is not a con, the business coming into being over it often are.
 
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#2,294
lawgator1 said:
This is the thing. Even IF (and it's a big if) crypto itself is not a con, the business coming into being over it often are.
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SB-F’s conviction had little to do with crypto. He stole massive amounts of wealth. The government might have enabled it with the lack of oversight, but on the other hand oversight didn’t prevent Bernie Madoff from hiding his crimes for decades.
 
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#2,295
Democrat mega-donor used embezzled funds to help democrats win elections. The 2nd highest donor behind George Soros.

Sam Bankman-Fried found guilty on fraud charges​

FTX founder faces a second criminal trial related to the collapse of his crypto empire in March​


FTX founder Sam Bankman-Fried has been found guilty on all charges related to the collapse of his now-bankrupt cryptocurrency exchange in the first of two criminal trials against the former CEO.

.................

Prosecutors accused Bankman-Fried, who founded and controlled both FTX and sister hedge fund Alameda research, of misappropriating and embezzling billions of dollars in FTX customer deposits, scheming to mislead investors, and instructing other executives at his businesses to do the same.

.....................

"Sam Bankman-Fried perpetrated one of the biggest financial frauds in American history," U.S. Attorney for the Southern District of New York Damian Williams said after the verdict was announced. "The cryptocurrency industry might be new. The players, like Sam-Bankman-Fried, might be new. But this kind of corruption is as old as time."
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The FTX founder capitalized on a rise in bitcoin and other digital assets to accumulate an estimated net worth of $26 billion and became an influential political and philanthropic donor before FTX declared bankruptcy in November 2022.

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In addition to the fraud and conspiracy charges, Bankman-Fried is accused of violating campaign finance laws by using FTX customer funds to make billions in political donations through an illegal straw-donor scheme, and for allegedly bribing Chinese officials.



www.foxbusiness.com

Sam Bankman-Fried found guilty on fraud charges

A New York jury has found FTX founder Sam Bankman-Fried guilty on federal charges related to the collapse of his crypto empire. The former CEO faces a second criminal trial in March.
www.foxbusiness.com www.foxbusiness.com
 
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jvol1 said:

Crypto season returns. (Started rising at the same time sam bf went to jail)

Unfortunately, I agree with dimon about the ultimate end of crypro.
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right the corporate bank giant that has paid $39 billion in fines should be trusted. God forbid there be an alternative to the fiat system that the government is printing to a value of $0. Dimon just wants to force you into using "their" system. Fawk that guy

cointelegraph.com

Crypto is for criminals? JPMorgan has been fined $39B and has its own token

Crypto Twitter has slammed JPMorgan’s Jamie Dimon over remarks that Bitcoin is for criminals.
cointelegraph.com cointelegraph.com
 
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theFallGuy said:
right the corporate bank giant that has paid $39 billion in fines should be trusted. God forbid there be an alternative to the fiat system that the government is printing to a value of $0. Dimon just wants to force you into using "their" system. Fawk that guy

cointelegraph.com

Crypto is for criminals? JPMorgan has been fined $39B and has its own token

Crypto Twitter has slammed JPMorgan’s Jamie Dimon over remarks that Bitcoin is for criminals.
cointelegraph.com cointelegraph.com
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Of course, the reason why the faces of kings and emperors appear on coins is that the power of currency making tends be reserved to the ruler, which is the federal government these days. They may decide they dont like the competition from bitcoin etc, and declare it worthless, if this isn't some extended field test for a digital dollar already.
 
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#2,299
jvol1 said:
Of course, the reason why the faces of kings and emperors appear on coins is that the power of currency making tends be reserved to the ruler, which is the federal government these days. They may decide they dont like the competition from bitcoin etc, if this isn't some extended field test for a digital dollar already.
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Digital dollar is coming but that has nothing to do with Bitcoin. Bitcoin is freedom from the current system
 
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#2,300
Jamie Dimon can say whatever he wants but here are the current major institutions banking on a Bitcoin spot ETF approval.

PXL_20231207_225621906.jpg
 
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