December 2022 - cypherpunks - lists.cpunks.org

No One Trusts the FTX Bankruptcy Case: News Outlets Intervene; Justice Department Trustee Demands Independent Examiner; SEC Orders Disclosures
by Gunnar Larson 12 Dec '22

12 Dec '22

https://wallstreetonparade.com/2022/12/no-one-trusts-the-ftx-bankruptcy-cas… By Pam Martens and Russ Martens: December 12, 2022 ~ Sam Bankman-Fried Sam Bankman-Fried, Co-Founder and Former CEO, FTX Two days after the disgraced crypto exchange, FTX, filed its bankruptcy petition in Delaware bankruptcy court, Wall Street On Parade published an article explaining why it was problematic that the Big Law firm of Sullivan & Cromwell somehow managed to become the legal advisor on the FTX bankruptcy process despite its prior engagements with FTX and Alameda Research, the hedge fund owned by Sam Bankman-Fried, the co-founder and ousted CEO of FTX. We wrote at the time: “The General Counsel of FTX.US, the FTX exchange serving customers in the U.S., is former Sullivan & Cromwell partner, Ryne Miller, who had co-chaired the law firm’s commodities, futures and derivatives group and worked at the law firm for eight years prior to joining this speculative, upstart crypto exchange… “Another Sullivan & Cromwell partner involved with FTX is Ken Li, who represented FTX.US last year in its acquisition of crypto derivatives firm, LedgerX, which provides trading in crypto futures, options and swaps to both retail and institutional clients. “But of greatest significance was Sullivan & Cromwell’s representation of both Alameda Research and FTX in their joint bid to purchase the assets of bankrupt crypto exchange, Voyager Digital Holdings, last year. While Sullivan & Cromwell’s website states that it represented FTX.US in its winning bid, the filings in the court case indicate that Sullivan & Cromwell lawyers Andrew G. Dietderich, Brian D. Glueckstein, and Benjamin S. Beller were also representing Alameda Research, Bankman-Fried’s hedge fund that is alleged to have misappropriated customers’ funds from the FTX exchange….” Now, lots of other folks are sharing Wall Street On Parade’s skepticism of what’s happening in the Delaware bankruptcy court involving the FTX bankruptcy proceedings. Just last Friday, December 9, four major news outlets filed an emergency motion with the court asking for transparency in the proceedings. The news outlets are Bloomberg News, Dow Jones (parent of the Wall Street Journal), the New York Times and the Financial Times. The news outlet intervenors wrote as follows in their court filing: “Debtors [FTX and its more than 100 affiliates incorporated in secrecy jurisdictions like the Bahamas and Antigua] have been accused of lack of transparency in their business. That mindset appears to have carried over to this bankruptcy, as they have taken the extraordinary step of seeking to keep under seal their list of creditors, a document which, with very few exceptions, has historically been open to the public. Intervenors object to the continued sealing and redaction of information that historically has been quintessentially public in nature.” And this: “Redacting the names of the creditors will have far-reaching impact as the case progresses. Will any creditor who wants to file a motion or an adversary proceeding be entitled to do so anonymously? Would preference actions redact the names of defendants who are creditors? This will turn the entire proceeding into a farce, with only the Debtor’s name publicly spoken. This would be contrary to Congress’s ‘strong desire to preserve the public’s right of access to judicial records in bankruptcy proceedings.’ Video Software Dealers Ass’n, 21 F.3d at 26 (quoted in In re Alterra Healthcare Corp., 353 B.R. at 75). The Court has indicated that proofs of claim will not be submitted anonymously. If disclosure it inevitable, there is no point to keeping the names anonymous now.” That action by major news outlets followed a filing on December 1 by the U.S. Trustee, who is the watchdog for the U.S. Department of Justice in bankruptcy cases. The U.S. Trustee’s filing requested the appointment of an independent examiner in the FTX matter. In making the request, the U.S. Trustee, Andrew R. Vara, noted that FTX had disintegrated over “the course of eight days in November” after having a valuation of “$32 billion just earlier this year.” He called it “likely the fastest big corporate failure in American history.” He further explained his demand as follows: “An examiner could—and should—investigate the substantial and serious allegations of fraud, dishonesty, incompetence, misconduct, and mismanagement by the Debtors, the circumstances surrounding the Debtors’ collapse, the apparent conversion of exchange customers’ property, and whether colorable claims and causes of action exist to remedy losses. The appointment of an examiner is mandatory under 11 U.S.C. § 1104(c)(2) because the Debtors’ fixed, liquidated, unsecured debts to its customers alone far exceed section 1104(c)(2)’s $5 million threshold. “An examination is preferable to an internal investigation under the facts of these cases because the findings and conclusions of the examination will be public and transparent, which is especially important because of the wider implications that FTX’s collapse may have for the crypto industry….” Like Wall Street On Parade, the U.S. Trustee shows skepticism in his court filing about how, and by whom, John Ray III, the man who replaced Sam Bankman-Fried as CEO of FTX, was appointed. The U.S. Trustee writes in the court filing: “Mr. Ray was appointed the CEO of the Debtors on the Petition Date, after Bankman-Fried resigned as CEO. Mr. Ray does not indicate who appointed him. As noted above, the Omnibus Corporate Authority signed by Bankman-Fried reflects that he ‘authorize[d], instruct[ed] and consent[ed]’ to Mr. Ray’s appointment. Mr. Ray’s first official act was to authorize the chapter 11 filings of the Debtors and the commencement of these cases. But the Omnibus Corporate Authority attached to the Debtors’ petitions was signed solely by Bankman-Fried. Mr. Ray states that ‘new independent directors’ have been appointed to what Mr. Ray calls the ‘the primary companies in the FTX Group,’ with one separate director being appointed to each of the WRS, the Alameda, and the Ventures Siloes and two other directors to the Dotcom Silo. Mr. Ray does not disclose who appointed these directors. Mr. Ray does not indicate whether Bankman-Fried’s counsel was consulted with respect to the appointments. He also does not indicate whether these new directors are the only directors on the Debtors’ boards or whether any directors from the prepetition period remain.” Elsewhere in the court filing the U.S. Trustee writes: “An investigation by an examiner into the alleged conversion by the FTX Trading arm of the Debtors of $10 billion of customers’ property to lend to its affiliate Alameda, in violation of the express provisions in FTX’s customer contracts, and into the use of software to conceal such misuse is unquestionably in the interests of the Debtors’ creditors and other interests of the estates. The many instances of what Mr. Ray describes as a ‘complete failure of corporate controls and [] a complete absence of trustworthy financial information as occurred here’ such as those detailed in paragraph 30 of this Motion, also warrant examination.” And this: “…the questions here are much broader than in a typical chapter 11 case; they are not merely about where money flowed or who can sue whom. Rather, they are larger questions about the fundamentals of these cases. Was this an unsuccessful business or a successful fraud? In other words, is there anything to save here?” The U.S. Trustee’s court filing is signed by Juliet M. Sarkessian, Benjamin A. Hackman, and David Gerardi, trial attorneys for the U.S. Department of Justice. Since the proceedings thus far in the Delaware bankruptcy court have drawn a dark curtain around the parties that were involved with FTX, either as investors or customers, the Securities and Exchange Commission took the unusual step last week of ordering all publicly-traded companies that had relationships with crypto companies that are experiencing financial distress or filing bankruptcy to make disclosures in their SEC filings as to the “direct or indirect impact that these events and collateral events have had or may have on their business.” To underscore the ramifications that may occur from failure to make appropriate disclosures in their SEC filings, the SEC provided a sample letter that a company suspected of withholding relevant information from the SEC and the public might receive. The sample letter included the following paragraph: “To the extent material, discuss how the bankruptcies of XX and XX and the downstream effects of those bankruptcies have impacted or may impact your business, financial condition, customers, and counterparties, either directly or indirectly. Clarify whether you have material assets that may not be recovered due to the bankruptcies or may otherwise be lost or misappropriated.” The requests by the media outlets and the U.S. Trustee, along with other matters, are expected to be discussed at this Friday’s FTX hearing in the Delaware bankruptcy court. You can watch the live stream of the hearing, beginning at 10:00 a.m. ET at this link.

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[ot] karl prayer to rebels and mind controllers
by Undescribed Horrific Abuse, One Victim & Survivor of Many 12 Dec '22

12 Dec '22

hihi, I am so incredibly thankful for the swathe of recent successes in my life, that seem to be growing faster and faster. Today, I am relating back that it is too much at once right now. I have hard-to-describe internal experiences that relate to my ability to protect remaining small parts of my behaviors, memories, cognition, consciousness, and personal identity, that become very threatened and can get further damaged, when I resist my influences too much. I need some time with my influence believing I am fully complying. It expects me to: - be completely unproductive - do nothing to empower myself, such as making money or reusable tools - be slightly disempowering of myself, draining my resources in small ways - be disreputing myself to others, appearing unpleasant - be indulgent and controllable - acting "moronic" and minimally strengthening my mind - [other things] I need to be aware these things are happening, to stop harming myself internally, right now. I need some time doing only things that could be these things. JUST AT MOST A FEW DAYS. this can easily snowball. I personally enjoy doing productive things, so it is generally easy to find little things that counter the first point that parts of me are really interested in. I have some things that slightly counter the points above I am working on. Things that are more familiar to me are much easier. The situation relates internally to different states of mind and internal processes I have; sometimes complex projects are completely safe; other times I can barely do anything at all. It depends on what information the dissociated parts of my mind are exposed to, and what beliefs they develop. I have a lot of sensory gaps, unfortnutely, so there are many options, but the influence has not really been using them much. Thank you for so much aid.

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Gramps charged with dumping garbage illegally
by professor rat 12 Dec '22

12 Dec '22

Lawyers have also obtained rafts of internal messages that are “evidence that Grarpamps, sorry, Fox knew the lies it was broadcasting about Dominion were false” and part of a culture of politically loaded reporting and broadcasts far from the network’s claim to be “fair and balanced”. https://www.theguardian.com/media/2022/dec/11/rupert-murdoch-fox-dominion-l… Reposts not scowls from afart

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C-punks owe Muslims a favor
by professor rat 12 Dec '22

12 Dec '22

Since Osama chewing up the scenery took heat away from our first-wave cypherpunk revolution, I propose Muslims be rewarded with a strong PR focus on boosting global hawala in general and the bhang trade with former East Pakistan, in particular. Also oppressors of Muslims in China and Burma be removed with extreme prejudice. All those in favor spam ' Aye "

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Cryptocurrency: "Audits" That Aren't, Lies That Are
by grarpamp 12 Dec '22

12 Dec '22

To date no exchange has published a true audit, not least one lincluding all liabilities. Binance's Alleged Crypto Audit Failed, Not Even Its Auditor Would Vouch For It https://mishtalk.com/economics/binances-alleged-crypto-audit-failed-not-eve…

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Cryptocurrency: WarOnCash Proves To Billions That Privacy Crypto Must Be Adopted
by grarpamp 12 Dec '22

12 Dec '22

By 1000 cuts GovBank all try, yet privacy-enabled cryptos will still be adopted by the masses right in front of their fucking faces... Now Crypto Transactions Above €1k In EU Can't Be Done Anonymously https://bitcoinik.com/now-crypto-transactions-above-e1k-in-eu-cant-be-done-… [–]Snowflake8050Bronze | 5 months old | QC: CC 25 591 points 14 hours ago Monero says otherwise permalink embed save report reply [–]AvanchnzelPlatinum | QC: XMR 56, LedgerWal. 43, CC 18 | CelsiusNet. 6 94 points 7 hours ago Title should really be "is prohibited", not "can't be done".^^ permalink embed save parent report reply [–]buzzgunTin 6 points 5 hours ago Thank you. You're right. permalink embed save parent report reply load more comments (1 reply) [–]JeffersonsHatPlatinum | QC: CC 504, ALGO 15 | r/WSB 421 98 points 8 hours ago Laughs in monero permalink embed save parent report reply [–]beepbeepdipPlatinum | QC: CC 95 9 points 3 hours ago Laughs in [redacted] permalink embed save parent report reply load more comments (1 reply) [–]amke12Bronze | 1 month old | QC: CC 23 35 points 12 hours ago permalink embed save parent report reply load more comments (3 replies) [–]KwOlffUtbILLTin | Superstonk 39 5 points 7 hours ago calls on XMR permalink embed save parent report reply [–]Excellent_SucculentTin | 4 months old 3 points 3 hours ago you are correct sir. permalink embed save parent report reply load more comments (34 replies) [–]Steves1982Platinum | QC: CC 36 | CRO 8 723 points 14 hours ago Bullish on €999 euro payments permalink embed save report reply [–]Tavionnf 186 points 14 hours ago Price of my car: 10 x 999€ permalink embed save parent report reply [–]TheTrueBlueTJDeveloper 75 points 13 hours ago Price of my next yacht: 90,000 x 999€ permalink embed save parent report reply [–]bny192677Platinum | QC: CC 395 46 points 13 hours ago Now I know why apple chargers 999€ for the new iPhones permalink embed save parent report reply load more comments (1 reply) load more comments (2 replies) load more comments (13 replies) [–]lubimboPlatinum | QC: CC 28 129 points 10 hours ago Just move 1000€ between two wallets on a chain you like with neglectable fees. Flood their offices with an insane amount of paperwork. permalink embed save parent report reply [–]dbennetTin 19 points 5 hours ago I really don't think you could flood their offices with paperwork, I think the records would just go into a spreadsheet... permalink embed save parent report reply load more comments (1 reply) [–]geppelleBronze | NANO 8 44 points 8 hours ago Perfect use case for Nano! permalink embed save parent report reply [–]beepbeepdipPlatinum | QC: CC 95 5 points 3 hours ago Nano, algo, xlm. The 3 kings of crypto transfers. permalink embed save parent report reply load more comments (1 reply) load more comments (1 reply) [–]QuickLockCryptoBronze | QC: CC 22 17 points 10 hours ago Underrated comment! permalink embed save parent report reply [–]TNGSystems 3 points 5 hours ago This is malicious compliance and I love it. permalink embed save parent report reply [–]Aleph112358Tin | 5 months old 3 points 4 hours ago And anyway Assume I moved all my BTC on a single address If today I move all my BTC to another address (of the same wallet of or of a different one, it shouldn’t matter), how can they know that I have any sort of BTC now? permalink embed save parent report reply [–]jl2352Tin | r/Prog. 96 3 points 3 hours ago Why is this gilded? Did you even read the article??? That would generate no paperwork at all, and the EU regulator wouldn’t care. permalink embed save parent report reply load more comments (8 replies) [–]Aggravating_You_2904Tin | CRO 5 | UKPers.Fin. 45 53 points 12 hours ago Structuring is actually a bigger crime than not reporting money. permalink embed save parent report reply [–]giddyup281Platinum | QC: CC 1135 | r/CMS 6 | Technology 12 36 points 12 hours ago It's absurd that there's a huge amount of people that think "1k is the limit, I'll just make 20x of 999 €". permalink embed save parent report reply load more comments (16 replies) load more comments (9 replies) [–]already_nightVampire 24 points 14 hours ago 999.99. Gonna use that properly. permalink embed save parent report reply load more comments (3 replies) [–]ShowMeDaWe 3 points 14 hours ago Dinosaurs outplayed permalink embed save parent report reply load more comments (1 reply) [–]DB_aBronze | QC: ALGO 21 3 points 14 hours ago 111 x 9 permalink embed save parent report reply load more comments (11 replies) [–]CSdegreeandwaiteringBronze 526 points 14 hours ago But what are they going to do when I use Monero to send 1001€ from [REDACTED] to [REDACTED]? permalink embed save report reply [–]_mars_Tin | Android 20 131 points 14 hours ago Come to your house and [REDACTED] you with the broom /s permalink embed save parent report reply [–]Hawke64Platinum | QC: CC 199 8 points 13 hours ago Don't threaten me with a good time permalink embed save parent report reply [–]AnTyeVax 8 points 14 hours ago Unlawful force, even purporting to be under the color of law, should expect to be met with lethal force in self defense. DOD law of war says a response is justified. 3d printed guns. ECM barrels permalink embed save parent report reply load more comments (4 replies) load more comments (6 replies) [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 43 points 14 hours ago 1001 euros? That's a mafia level gangster move! permalink embed save parent report reply [–]Hawke64Platinum | QC: CC 199 14 points 13 hours ago straight to jail permalink embed save parent report reply load more comments (3 replies) load more comments (2 replies) [–]Odysseus_LannisterPlatinum | QC: CC 1491 51 points 14 hours ago u/CSdegreeandwaitering has been redacted permalink embed save parent report reply [–]TheTrueBlueTJDeveloper 17 points 13 hours ago Both of your comments are invisible permalink embed save parent report reply [–]sdrajeTin 15 points 13 hours ago What comments? permalink embed save parent report reply [–]amke12Bronze | 1 month old | QC: CC 23 7 points 12 hours ago permalink embed save parent report reply continue this thread load more comments (3 replies) load more comments (1 reply) [–]meeleen223Moons = Magic Internet Money Vol. 2 9 points 13 hours ago This doesn't look like anything to me permalink embed save parent report reply load more comments (1 reply) [–]AriesWintersPlatinum | QC: CC 103 3 points 12 hours ago Quick get your boat out OP permalink embed save parent report reply load more comments (1 reply) load more comments (1 reply) [–]ShowMeDaWe 18 points 13 hours ago Politicians brain: Windows crash noises permalink embed save parent report reply load more comments (2 replies) [–]Suitable_Media5518Tin | 2 months old 23 points 13 hours ago The only thing that can be done rn Monero banned in EU permalink embed save parent report reply load more comments (4 replies) [–]geftBronze | Economics 35 11 points 12 hours ago Don't expect anonymity if you use a CEX though. permalink embed save parent report reply load more comments (1 reply) [–]beepbeepdipPlatinum | QC: CC 95 26 points 13 hours ago Ban Monero? The rich always find ways to fuck people lower in the system ya know permalink embed save parent report reply [–]nicoznicoSilver | QC: CC 325, ETH 94, XLM 54 | ADA 87 | TraderSubs 50 28 points 12 hours ago Ban? How? permalink embed save parent report reply [–]honestlyimeanreallyPlatinum | QC: XMR 772, CC 250, ETH 30 | MiningSubs 50 68 points 11 hours ago Same way they did file sharing They ask you nicely and then if you don’t listen, nothing happens because banning a distributed p2p network is impossible without destroying the internet and therefore GDP permalink embed save parent report reply [–]korben2600 15 points 9 hours ago You wouldn't download a car! Just like you wouldn't send $[REDACTED] from [REDACTED] to [REDACTED]! permalink embed save parent report reply continue this thread load more comments (1 reply) load more comments (3 replies) [–]nitrolimitzBronze 3 points 13 hours ago I can't see your comment? permalink embed save parent report reply load more comments (1 reply) load more comments (28 replies) [–]Aromatic-Front-5919Tin[🍰] 1243 points 14 hours ago Politician payments will still be anonymous. permalink embed save report reply [–]bundanagumbePlatinum | QC: CC 36 383 points 14 hours ago Laws for thee, not for me permalink embed save parent report reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 174 points 14 hours ago They can have millions in donations that remain annonymous, but for the common folk you can't even transfer 1k ! permalink embed save parent report reply [–]beepbeepdipPlatinum | QC: CC 95 51 points 13 hours ago Hey even politicians are humans who don't want to pay taxes you know permalink embed save parent report reply [–]meeleen223Moons = Magic Internet Money Vol. 2 26 points 12 hours ago And they are lucky because there is no paying taxes on bribe permalink embed save parent report reply continue this thread [–]bbtto22Platinum | QC: CC 552 9 points 11 hours ago Yeah but they always make sure we do permalink embed save parent report reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 5 points 11 hours ago Unfortunately for the rest of us you have to be a millionaire first if you want to avoid paying bribes.. permalink embed save parent report reply continue this thread [–]GabeSterPlatinum | QC: DOGE 2476, CC 909 | AvatarTrading 18 15 points 13 hours ago Corporations are people to /s permalink embed save parent report reply [–]bbtto22Platinum | QC: CC 552 8 points 11 hours ago Corrupt people have needs too /s permalink embed save parent report reply [–]AriesWintersPlatinum | QC: CC 103 9 points 12 hours ago It's disguised as a law that'll help the common people but honestly that couldn't remain farther from the truth. permalink embed save parent report reply [–]SuppiluliumaKushTin | 6 months old 7 points 12 hours ago When the general population is completely nutless they can do whatever they want and you'll do as your told. permalink embed save parent report reply load more comments (3 replies) [–]Set1Less 22 points 13 hours ago EU politicians be like Laws for thee, lols for me Now cough up your privacy, its for your own good. permalink embed save parent report reply [–]meeleen223Moons = Magic Internet Money Vol. 2 16 points 13 hours ago We need a new government to watch over our governments permalink embed save parent report reply [–]squiders_ouiTin | 2 months old 10 points 12 hours ago This is the best idea ever. Usually it's the courts which keep them in check but they appear to approved the law in the first place. permalink embed save parent report reply continue this thread [–]OrchidCubeTin | 3 months old | CC critic 3 points 5 hours ago they are supposed to be OUR public servants, WE ARE THE BOSS, but people are too dumb and lazy and compliant to show them who's boss permalink embed save parent report reply load more comments (2 replies) load more comments (1 reply) [–]bbtto22Platinum | QC: CC 552 12 points 13 hours ago Always politicians above the law permalink embed save parent report reply [–]meeleen223Moons = Magic Internet Money Vol. 2 10 points 13 hours ago Politicians and the rich permalink embed save parent report reply [–]belichkoTin 4 points 10 hours ago We should become one of the above i guess permalink embed save parent report reply load more comments (1 reply) load more comments (1 reply) [–]Odysseus_LannisterPlatinum | QC: CC 1491 21 points 14 hours ago Laws for you, not for fools permalink embed save parent report reply [–]meeleen223Moons = Magic Internet Money Vol. 2 23 points 13 hours ago Laws for us, in €999 crypto transactions we trust permalink embed save parent report reply [–]bny192677Platinum | QC: CC 395 32 points 13 hours ago How to escape this law monero permalink embed save parent report reply [–]bbtto22Platinum | QC: CC 552 10 points 13 hours ago Or living outside the Eu can work too permalink embed save parent report reply continue this thread load more comments (6 replies) [–]TheTrueBlueTJDeveloper 7 points 13 hours ago Laws for tools, not for who rules. permalink embed save parent report reply load more comments (2 replies) load more comments (2 replies) [–]gamblingenhusiastLost lifesavings on shitcoin 3 points 14 hours ago As per usual. permalink embed save parent report reply load more comments (6 replies) [–]explisionPlatinum | QC: CC 193 | VET 9 | Stocks 20 80 points 13 hours ago In Germany politicians don’t even need to hide that they are corrupt. Our old health-minister had “donation dinners” where each person would have to donate 9999€. This way they donations to him could stay anonymous, because starting with 10.000€ you would have to report who donated to you. This way no one can claim that they tried to influence him. When they got caught making deals with companies for purchasing masks, they took 6 digits as “connection fee” when they got caught, the party agreed to sign a “we are sorry” agreement that they won’t do it again. But then these suckers want to know everything a peasant does permalink embed save parent report reply [–]UpperVoltTin 14 points 10 hours ago They want to know everything a peasant does because that way they can keep you that way and make you dependent to their indirect/direct control. It is an ongoing fight of the classes since humans understood how to control other humans in mass through currency and information. permalink embed save parent report reply load more comments (1 reply) [–]partymslPlatinum | QC: CC 702 | r/WSB 16 20 points 12 hours ago the mask scandal is very big in germany. Basically politicians took money to bring certain masks on the market and all of that in the middle of a pandemic. permalink embed save parent report reply [–]explisionPlatinum | QC: CC 193 | VET 9 | Stocks 20 7 points 12 hours ago Haha yeah. Imagine you would do that in a company. Seller A: hey I offer you 1 million euros, if your company buys my products. Employee B: sure Police: lock em up boys. He is corrupt and not compliant at all! permalink embed save parent report reply load more comments (2 replies) [–]saggy777Bronze | CC critic | Buttcoin 5 5 points 12 hours ago In USA all of this is legal. There is no crime in any of this. permalink embed save parent report reply [–]explisionPlatinum | QC: CC 193 | VET 9 | Stocks 20 6 points 12 hours ago Yeah here it’s also legal. Because lobbying isn’t corrupt :). Now imagine if 100 of your friends would gift you 10k cash each. The irs sure would love to know more about you permalink embed save parent report reply load more comments (8 replies) [–]ShowMeDaWe 124 points 14 hours ago Laughs in Monero permalink embed save parent report reply [–]gamblingenhusiastLost lifesavings on shitcoin 41 points 14 hours ago* Bullish on boating accidents increasing! permalink embed save parent report reply [–]meeleen223Moons = Magic Internet Money Vol. 2 14 points 13 hours ago I was gonna make €10k crypto transaction but then I got high in a boating accident permalink embed save parent report reply [–]ThrowAwayGuy1945Tin 9 points 11 hours ago I'm pretty sure I was high the last time I made a 10k crypto transaction... Not one of my better judgment calls, sigh. permalink embed save parent report reply load more comments (7 replies) load more comments (31 replies) [–]AlbinoniteBronze | 1 month old 17 points 14 hours ago They call it lobby and they made it legal for themselves permalink embed save parent report reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 7 points 11 hours ago Why is lobbying even legal? Ah yes, because politicians themselves love corrupt money. permalink embed save parent report reply load more comments (1 reply) [–]Moon_991Tin | 6 months old 11 points 13 hours ago Lobbying is just pure corruption with extra steps permalink embed save parent report reply [–]TheTrueBlueTJDeveloper 11 points 13 hours ago Lobbying is corruption with a harmless name. permalink embed save parent report reply load more comments (1 reply) load more comments (1 reply) load more comments (2 replies) [–]Odysseus_LannisterPlatinum | QC: CC 1491 12 points 14 hours ago Lobbying is such an accepted evil it’s disgusting permalink embed save parent report reply [–]meeleen223Moons = Magic Internet Money Vol. 2 9 points 13 hours ago Lobbying Coruption permalink embed save parent report reply load more comments (2 replies) [–]samzi87Bronze | QC: CC 19 6 points 13 hours ago It's time for the pitchforks and torches again it seems. permalink embed save parent report reply [–]gamblingenhusiastLost lifesavings on shitcoin 3 points 14 hours ago Why would they put restrictions on themselves after all. permalink embed save parent report reply load more comments (1 reply) [–]One_Tie900Tin | GMEJungle 8 3 points 13 hours ago funny thing millions of people just became politicians permalink embed save parent report reply load more comments (18 replies) [–]TommannerrTin 285 points 14 hours ago What are you going to do goverment? Come to my home and take my ledger 24 word seed phrase? permalink embed save report reply [–]BrooklynNeinNein_Platinum | QC: CC 663 | ADA 10 | Technology 22 182 points 14 hours ago This is my thought. Laws that can't be followed up upon by the state are inherently useless. That's a big reason why weed is being legalized again in many places, nobody can follow up on so many people growing some plants at home. permalink embed save parent report reply [–]bny192677Platinum | QC: CC 395 65 points 13 hours ago Making laws to make people scared, smart people don't get scared they get monero permalink embed save parent report reply [–]deathbyfish13Free Range Moon Farmer 18 points 12 hours ago Smart people already had Monero from the start permalink embed save parent report reply [–]amke12Bronze | 1 month old | QC: CC 23 6 points 12 hours ago Me about to buy buncha hookers and cocaine for 10 x 999 eur permalink embed save parent report reply [–]No_Specialist_1877Tin | Unpop.Opin. 18 6 points 11 hours ago That has nothing to do with it besides large amounts cops have never really cared about weed that much it's just a really easy way to punish people based on looks. It's easy to smell and lasts a long time in drug tests, that's really been the only reason for about 15 years now. It's just getting more noticeably accepted because the parents/grandparents that were against it have been dying off so people are willing to say it out loud. Even people in their 50s and 60s care what their parents think enough to keep their opinion to themself. permalink embed save parent report reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 9 points 13 hours ago The reason why weed wasn't followed up upon was because there wasn't much sense in 'catching' or arresting everyone since there was not much incentive to do so. But if governments are coming out with CBDCs and see crypto as the biggest threat, they technically can go all out to enforce their new rule. It comes down to what the government sees as its livelihood. permalink embed save parent report reply load more comments (4 replies) [–]_mars_Tin | Android 20 14 points 14 hours ago This is just to scare the people that don’t know that much about crypto and are considering buying in now since the market is low permalink embed save parent report reply [–]gamblingenhusiastLost lifesavings on shitcoin 7 points 14 hours ago Well if you insist... permalink embed save parent report reply [–]trimalcusTin 16 points 14 hours ago They cannot do s#it if we use DEX and p2p permalink embed save parent report reply [–]nutyourselfTin 6 points 13 hours ago Tornado cash would beg to differ permalink embed save parent report reply [–]oi_MistaPlatinum | QC: BTC 21, XMR 22 6 points 12 hours ago Tornado cash the protocol is working just fine, but using a transparent ledger and mixing is pointless as chainalysis companies can still trace. Just use Monero. permalink embed save parent report reply load more comments (3 replies) load more comments (2 replies) [–]JamesBondMI6007Tin | CC critic 6 points 13 hours ago And how do we on-ramp and off-ramp to those DEXs for swaps? And what P2P services exist that are safe and reliable for swapping fiat for crypto that don’t require in person transactions? permalink embed save parent report reply load more comments (2 replies) load more comments (2 replies) [–]Odysseus_LannisterPlatinum | QC: CC 1491 3 points 14 hours ago government has entered your house permalink embed save parent report reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 3 points 14 hours ago Big Brother watching your comment: 'Interesting idea...' permalink embed save parent report reply load more comments (19 replies) [–]l33tTATin 69 points 13 hours ago The politicians are involved with the FTX drama and now to protect the citizens theyre gonna do this lmao also didnt the fed just failed their third audit of a couple of trillion dollars they cant account for? Just like what got 9/11 started, ayo permalink embed save report reply [–]timg430008171976Tin 11 points 12 hours ago It was leaked that Sam met with the sec right before his deck of cards came crumbling down !? Coincidence??? I think not !!! permalink embed save parent report reply [–]MakruchaLTTin 5 points 7 hours ago Isint this Europe? permalink embed save parent report reply load more comments (2 replies) load more comments (2 replies) [–]classAunotherestTin | 1 month old 132 points 14 hours ago These people are really trying to kill or control crypto. Why can't try just fuck off permalink embed save report reply [–]Seasonunending-Tin | 6 months old 68 points 13 hours ago Because they’d miss out on the opportunity to make money off of you. permalink embed save parent report reply [–]amke12Bronze | 1 month old | QC: CC 23 14 points 12 hours ago And control you at the same time permalink embed save parent report reply load more comments (1 reply) load more comments (9 replies) [–]CantBelieveIGotThisPlatinum | QC: BTC 57, CC 30 | TraderSubs 39 31 points 13 hours ago They want us to use their CDBC’s permalink embed save parent report reply [–]mixing_sawsTin | GMEJungle 17 | Superstonk 23 21 points 12 hours ago That shit is straight out of some dystopian novel. permalink embed save parent report reply [–]lordofming-risesSilver | QC: CC 468 | CRO 70 | Superstonk 237 4 points 11 hours ago I met financial advisor from barclays France. She didn't even knew what CBDCs were and didn't believe it. Thinking cash printer is not going to be replaced permalink embed save parent report reply [–]xTopNotchTin 4 points 10 hours ago Point her to some websites from the UN, BIS or even local banks are starting to write blog articles about it with headlines such as “why CDBC is a good thing” permalink embed save parent report reply [–]lordofming-risesSilver | QC: CC 468 | CRO 70 | Superstonk 237 3 points 10 hours ago also when I said dollar is going to crash then she replied : then it will be replaced by what? Bitcoin? haha! :( permalink embed save parent report reply continue this thread load more comments (2 replies) [–]KhanstantTin | PCgaming 238 3 points 9 hours ago I wish they would just kill off crypto. Why can't cryptocreeps fuck off. permalink embed save parent report reply load more comments (1 reply) [–]partymslPlatinum | QC: CC 702 | r/WSB 16 4 points 13 hours ago Because they dont want to lose control, they are afraid… permalink embed save parent report reply load more comments (10 replies) [–]WunkoTin | r/CMS 18 | AvatarTrading 11 26 points 12 hours ago Politicians sure do hate their populations having privacy. It’s all starting to feel rather oppressive permalink embed save report reply load more comments (4 replies) [–]gamblingenhusiastLost lifesavings on shitcoin 106 points 14 hours ago cough cough Monero cough cough This coughing seems pretty serious I should probably visit a doctor. permalink embed save report reply [–]AlbinoniteBronze | 1 month old 23 points 14 hours ago But beware of accidents, specially boating accidents. permalink embed save parent report reply [–]gamblingenhusiastLost lifesavings on shitcoin 4 points 14 hours ago Thanks for info I was just getting ready to go on a small boating trip to catch some shrimps! permalink embed save parent report reply load more comments (1 reply) [–]LeeSeahawkTin 3 points 9 hours ago Why do people always say that thing about boat accidents. What does that mean permalink embed save parent report reply load more comments (4 replies) load more comments (1 reply) [–]Odysseus_LannisterPlatinum | QC: CC 1491 3 points 14 hours ago You can use some DEXtromethorphan permalink embed save parent report reply load more comments (10 replies) [–]TheMissingNTLDR 67 points 14 hours ago €999 guys please calm down as it says "above 1k" so €1000 is still fine!! permalink embed save report reply [–]ministerofdisinformTin | 3 months old 24 points 14 hours ago It's a matter of >= or > permalink embed save parent report reply [–]TheMissingNTLDR 9 points 14 hours ago "above 1k" I believe requirement is clear otherwise it is a bug. permalink embed save parent report reply load more comments (1 reply) [–]beepbeepdipPlatinum | QC: CC 95 4 points 13 hours ago Users: "hey it's supposed to be more than €1000 right? Why was it flagged when I bought something worth €1000?" Dev: "It's a feature" permalink embed save parent report reply [–]CatBoy191114Platinum | QC: CC 344 8 points 14 hours ago This guy maths. permalink embed save parent report reply load more comments (2 replies) load more comments (5 replies) [–]StonedRexPlatinum | QC: CC 181 77 points 14 hours ago Bullish on Monero permalink embed save report reply [–]Def_Notta-throwawayHouse of the Rising Moon 9 points 11 hours ago Indeed. I have begun to appreciate Monero recently and it is only getting sweeter by the day. permalink embed save parent report reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 15 points 13 hours ago Honest question, what happens if regulators decide to ban Monero like how they outlawed Tornado Cash? permalink embed save parent report reply [–]ClatzSilver | QC: CC 19 | REQ 24 36 points 13 hours ago I'm pretty sure that's comparing apples to oranges in a sense. Tornado cash was a cryptocurrency platform designed to mix transactions, making it harder to determine whether coins were "tainted" or not. Monero is a cryptocurrency, not a platform. You can shut down a service or a platform, but Monero isn't necessarily either of those. You can even make Monero illegal, but you can't stop peer-to-peer transactions in Monero from happening. As long as someone has Monero, and someone else is willing to trade a good or service for that Monero, Monero cannot be stopped (or traced, for that matter). You could make a similar argument for Bitcoin (in that it can't be shut down) but Bitcoin can be traced, and anyone watching can see money moving in and out of your wallet. If fullblown cryptocurrency bans were to happen, your Bitcoin address would end up providing the evidence against you. Not so with Monero. Ultimately the most pragmatic question becomes "what happens if Monero gets banned from exchanges, so people can't cash out?" All answers for that are speculative. Some thing it would cause the value of Monero to explode, because there's no way in or out of it. Those who have got it, have it, and those who want it need to be willing to pay the price. Others say the value would collapse, as any hope for mainstream adoption would die. Personally, I imagine it would just become a parallel economy. Those who have it and are willing to transact with it will, and the value of Monero will be determined by those within that economic system. permalink embed save parent report reply [–]cryptOwOcurrencySilver | QC: ETH 309, CC 227, SOL 91 | ADA 267 | Technology 21 5 points 8 hours ago You can shut down a service or a platform, but Monero isn't necessarily either of those. Tornado Cash isn't, either. It's a smart contract. It can't be shut down. You can even make Monero illegal, but you can't stop peer-to-peer transactions in Monero from happening. You can't prevent Tornado Cash transactions from happening, either. Ultimately the most pragmatic question becomes "what happens if Monero gets banned from exchanges, so people can't cash out?" This is what happened to Tornado Cash, I believe. They certainly didn't shut it down. permalink embed save parent report reply load more comments (5 replies) [–]TsrdrumBronze | EOS 41 | Futurology 17 7 points 13 hours ago Same thing that happens every time China bans Bitcoin permalink embed save parent report reply load more comments (2 replies) [–]stopmutations1 - 2 years account age. 100 - 200 comment karma. 11 points 13 hours ago They will have another one up and running under a different name in a couple of weeks. permalink embed save parent report reply load more comments (1 reply) [–]exmachinalibertasPlatinum | QC: BCH 18, CC 17 | Politics 26 3 points 11 hours ago Literally nothing happens permalink embed save parent report reply [–]honestlyimeanreallyPlatinum | QC: XMR 772, CC 250, ETH 30 | MiningSubs 50 5 points 11 hours ago Tornado cash was a mixer with centralized, known devs. Monero is not. permalink embed save parent report reply load more comments (6 replies) load more comments (14 replies) [–]IWillKillPutin2022Tin | 5 months old | CelsiusNet. 51 16 points 12 hours ago This is the exact reason Monero is needed permalink embed save report reply [–]boldtonicTin | r/WSB 13 19 points 11 hours ago They do not understand that all of this is turning an entire generation into anti govt. People hate govt and something will happen anytime. Their need of full control is alarming. permalink embed save report reply [–]cryptometavTin 34 points 12 hours ago What are they going to do, block payments between hardware wallets? Good fucking luck! permalink embed save report reply [–]Jesper_oneTin 8 points 11 hours ago Same question from me, how do You control p2p?? permalink embed save parent report reply [–]imnosPlatinum | QC: XLM 291, CC 202, BTC 15 | ADA 11 | Futurology 61 4 points 7 hours ago Not easily. If you could, torrents and torrent clients wouldn't still exist. permalink embed save parent report reply load more comments (3 replies) load more comments (3 replies) [–]TopAlert2383Platinum | QC: CC 55 | AvatarTrading 10 86 points 14 hours ago* The US did this with the $600 payments last year. We are allowing the government to have too much power. permalink embed save report reply [–]Seasonunending-Tin | 6 months old 56 points 13 hours ago No one seems to notice or care. permalink embed save parent report reply [–]yoyoJSilver | QC: BTC 50, CC 49 | ADA 48 | Economy 249 31 points 13 hours ago People in the US gonna notice come tax season and gonna be pissed lol But ya nobody will do anything. For all the talk in the US about the right to bear arms for protection from government overreach, the US population is quite docile and domesticated. You don’t see any protests in the US matching the bravery like you see in authoritarian countries right now. People are well groomed to shut up and get back to work or lose their healthcare. permalink embed save parent report reply [–]Seasonunending-Tin | 6 months old 19 points 13 hours ago Yea, exactly what you said, and Canada is 10x worse than that when it comes to docile people. permalink embed save parent report reply load more comments (1 reply) [–]partymslPlatinum | QC: CC 702 | r/WSB 16 14 points 13 hours ago Yes because the mainstream media wont talk bad about their government. permalink embed save parent report reply [–]Seasonunending-Tin | 6 months old 11 points 12 hours ago Yea, they won’t bite the hand that feeds them. permalink embed save parent report reply load more comments (8 replies) [–]walkthesunTin 5 points 12 hours ago It’s only for income, not all transactions above $600. All the headlines are about Venmo but it specifically applies to income earned from working side jobs, sales, etc permalink embed save parent report reply [–]timg430008171976Tin 4 points 12 hours ago Yea but how would the gov know if joe blow next door just lent you money or you did work that he paid you ? Answer simple they don’t permalink embed save parent report reply [–]movzxBronze | QC: CC 21 | Politics 74 5 points 8 hours ago People really don't understand US taxes. The $600 thing was no change in your tax burden. All that changed is payment providers that were already sending 1099s now have a lower threshold. If you weren't dealing with taxes before and shouldn't have, you won't now. If you weren't filing taxes before, but were supposed to, now you will. Your neighbor loaning you $600 isn't income. Your roommate giving you rent money isn't income. permalink embed save parent report reply [–]Think-notlikedasheepRational Thinker 4 points 5 hours ago* If you weren't dealing with taxes before and shouldn't have, you won't now. So if someone issues you a 1099 for something that you didn't really earn income for, the IRS KNOWS about you getting the money and it is assumed to be income by the IRS. If you don't report it correctly, you will be dinged by the IRS. Your neighbor loaning you $600 isn't income. Your roommate giving you rent money isn't income. This is true. But not how it plays out on your taxes. Your friend pays his part of the rent and it is over $600 - by paypal. Say the amount is $700. Paypal issues you a 1099 for that $700 payment. You gotta report that. You WILL have to file a schedule C and list $700 in income and $700 in expenses (rent). Net effect is zero on your taxes but YOU WILL have to file that schedule C. If you don't file or include this in your taxes, you WILL get a letter with a bill from the IRS. They have software that automatically runs through your return and issues bills. Then you have to pay and then file an amended return to get back that money. On that amended return: You WILL have to file a schedule C and list $700 in income and $700 in expenses (rent). permalink embed save parent report reply load more comments (1 reply) load more comments (1 reply) load more comments (2 replies) [–]MoikeePlatinum | QC: CC 29, ETH 18 | Technology 20 31 points 14 hours ago Said this a while ago, but won’t there just be services that randomise payments under this limit until the sum is reached, thus easily avoiding this stupid rule? 1000€ is such a low amount, how on Earth are they going to have resources to ‘scrutinise’ them? permalink embed save report reply [–]putfascists6ftunderTin | 2 months old 5 points 10 hours ago Structuring is way more dangerous for you and carries actual consequences criminally permalink embed save parent report reply load more comments (1 reply) [–]Elean0rZSilver | QC: CC 626 | NEO 721 30 points 8 hours ago I hate to interrupt a perfectly nice Monero party here, but THIS LAW HAS NOT BEEN PASSED. It hasn't even been debated. It's a PROPOSAL from the anti-AML Council. It's basically the Council saying, yes, we have agreed amongst ourselves that this is what we think we should do--but that's totally separate from actually writing it into a law that's accepted and passed by parliament, which is a lot more complicated. Maybe it'll happen; maybe it won't. Maybe it'll be amended; maybe it won't. Either way, IT HASN'T HAPPENED YET so it's pure clickbait to speak about it as if it has. permalink embed save report reply [–]Extreme-Stop-9333 4 points 7 hours ago We've all fallen for it. permalink embed save parent report reply load more comments (5 replies) [–]not420guilty$WHACKD 23 points 14 hours ago* They can if you use Monero. Fuck unjust laws. Civil disobedience is a duty. permalink embed save report reply [–]TarkovReddit0rday trading degenerate 37 points 14 hours ago opens 50x €999 trades permalink embed save report reply [–]SnarkyZKPlatinum | QC: CC 20 | NANO 14 | Investing 30 18 points 12 hours ago That is called structuring and will get you in much more legal trouble. permalink embed save parent report reply load more comments (3 replies) [–]Lillica_Golden_SHIBBronze | BANANO 5 | TraderSubs 13 12 points 14 hours ago You still have €0.99 before the threshold, make sure you use that permalink embed save parent report reply load more comments (3 replies) load more comments (5 replies) [–]Kulstad33Platinum | QC: XMR 16 44 points 14 hours ago EU surveillance bureacratic nightmare intensifies. I'm sure they will manipulate and say that it is to prevent financing to terrorism or other blatant lie. permalink embed save report reply [–]magnetichiraWe are Satoshi 24 points 13 hours ago Terrorists and those who finance them are not welcome in Europe. In order to launder dirty money, criminal individuals and organisations had to look for loopholes in our existing rules which are already quite strict. But our intention is to close these loopholes further, and to apply even stricter rules in all EU member states. Large cash payments beyond €10.000 will become impossible. The first line of their press release permalink embed save parent report reply [–]red224Platinum | QC: CC 97 | ADA 8 | TraderSubs 14 25 points 14 hours ago When hyperinflation comes, they won’t want us using anything but their currencies permalink embed save report reply [–]mixing_sawsTin | GMEJungle 17 | Superstonk 23 3 points 12 hours ago Hyperinflation is definitly slowly creeping up permalink embed save parent report reply load more comments (2 replies) [–]IWillKillPutin2022Tin | 5 months old | CelsiusNet. 51 7 points 12 hours ago laughs in Monero permalink embed save report reply [–]coinfeeds-botApproved CC Bot 15 points 14 hours ago tldr; The European Union (EU) has announced that new laws will restrict crypto purchases worth above €10,000 and also there will be significant regulatory restrictions on digital assets transactions above €1,000. Czech Minister for Finance Zbyněk Stanjura said such new rules will help to fight against money laundering activities easily, where bad actors are using cryptocurrencies as a means of an anonymous payment option. This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. permalink embed save report reply [–]robotsdevPlatinum | QC: BTC 62 12 points 10 hours ago The money launderers are the bankers. permalink embed save parent report reply load more comments (2 replies) [–]newbonsite$moons to $1 any day now /: 12 points 14 hours ago Cypherpunk coins for the win especially the OG monero 💪 permalink embed save report reply [–]Crypto_VdimTin 6 points 9 hours ago very easily fooled. You Use a dex and a wallet instead of CEX. Use a bitcoin atm where kyc not required to on ramp. Do $999 transactions as many times as you want. permalink embed save report reply load more comments (2 replies) [–]H__DresdenSilver | QC: CC 48 | Buttcoin 63 | JusticeServed 66 11 points 12 hours ago That is why I like cash. Can make transactions without tracking. permalink embed save report reply load more comments (8 replies) [–]WimbleWimbleTin | Futurology 51 14 points 12 hours ago lets see if we get laws explaining how every single unelected member of the EU parliament has 10s of millions in "unexplained wealth". oh wait..that investigation was shut down for "security" reasons permalink embed save report reply [–]cOmMuNiTyStAnDaRdSs 6 points 12 hours ago M O N E R O permalink embed save report reply [–]TheChildOfChangeBronze 9 points 14 hours ago My broke ass is safe permalink embed save report reply [–]Def_Notta-throwawayHouse of the Rising Moon 6 points 11 hours ago Well one day when you aren’t a broke ass, I hope you can do your transactions privately. permalink embed save parent report reply load more comments (1 reply) load more comments (2 replies) [–]MisterBilauPlatinum | QC: CC 33 | Entrepreneur 39 10 points 14 hours ago What does that even mean. Can I create a wallet without providing ID? Yes. Case closed lmao. permalink embed save report reply [–]muckibudenbrudiTin | Unpop.Opin. 10 4 points 11 hours ago They can only regulate the CEXs so swapping crypto to fiat or vice versa is regulated, as well as crypto transactions to/from an exchange. permalink embed save parent report reply [–]cuckedbybtcBronze | QC: BUTT 3 3 points 7 hours ago But CEXs are still a big part of things. Without CEXs you can't have much retail adoption. permalink embed save parent report reply load more comments (1 reply) load more comments (1 reply) [–]ChemicalGreek 20 points 14 hours ago Are they afraid?🤡 permalink embed save report reply load more comments (8 replies) [–]ShroomikazeTin 18 points 14 hours ago Smiles in monero permalink embed save report reply load more comments (2 replies) [–]HungryLikeTheWolf99Bronze | QC: BTC 17 | ModeratePolitics 75 4 points 14 hours ago Can't Hmmm permalink embed save report reply load more comments (1 reply) [–]Cy83rCr45hBronze 3 points 12 hours ago They can be done on Monero permalink embed save report reply [–]cuckedbybtcBronze | QC: BUTT 3 4 points 7 hours ago So what are the leading Swiss exchanges like? What defines a crypto transaction as being "in the EU" anyway? permalink embed save report reply [–]hukepTin | ADA 5 13 points 13 hours ago There are millions more urgent issues in EU and the politicians are prioritizing crypto transactions.. What a mad world it is. permalink embed save report reply [–]Technical_Order7673Tin | 2 months old | CC critic 21 points 14 hours ago Governments are using force now first Nigerian Govt's forcing citizens to use CBDCs and now EU forcing this. permalink embed save report reply [–]ShowMeDaWe 11 points 14 hours ago* Feels like a CBDC is coming permalink embed save parent report reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 3 points 13 hours ago* They are going to impose all these restrictions on crypto and none on their CBDCs, basically selling how 'easy' and 'great' their CBDC is compared to crypto to ignorant citizens permalink embed save parent report reply load more comments (1 reply) load more comments (2 replies) load more comments (8 replies) [–]DB_aBronze | QC: ALGO 21 8 points 14 hours ago Rich will be richer, pool will be poorer permalink embed save report reply [–]business2690Crypto Nerd | QC: CC 17 8 points 14 hours ago thanks sbf permalink embed save report reply [–]Born_Cattle6575 3 points 12 hours ago And if they get their way here in the USA any transaction over 600 with red flag you. It's a global effort the take away your rights. Bitcoin fixes this. permalink embed save report reply [–]countjahTin 3 points 12 hours ago Seeing this while watching Digital IDs by Coin bureau on YouTube. They are sure trying to f us over permalink embed save report reply load more comments (1 reply) [–]JunnowhoitisPlatinum | QC: SOL 36, CC 22 | r/WSB 17 3 points 12 hours ago Lol they think they have the power to enforce that. They don't. permalink embed save report reply [–]LoftyGoatTin 3 points 10 hours ago Yes they can. That's the whole point of having a decentralized ledger. It may not be legal, but it sure as hell is possible. permalink embed save report reply [–]marsangeloLUNA crash detective 8 points 14 hours ago Eventually theyre gonna try and inch this number down to 0 and get you to KYC every transaction permalink embed save report reply [–]Plus-Ad4019Platinum | QC: SOL 26, ALGO 23, CC 21 6 points 14 hours ago Good luck with that. permalink embed save parent report reply load more comments (2 replies) load more comments (1 reply) [–]InflatableGull 5 points 13 hours ago To all the Monero Fanboys out there. Can you please just explain how do you plan to buy/convert tokens to cash should you need them? Because I’m afraid the problem here are exchanges. They are a forced bottlenecks except for very unfriendly systems such as bisq etc. permalink embed save report reply load more comments (1 reply) [–]phremesthrisTin | 1 month old | CC critic 6 points 14 hours ago i'm going to send €999 permalink embed save report reply load more comments (12 replies) [–]Slainte042Platinum | QC: CC 530 7 points 14 hours ago This is EU bureaucracy on another level. permalink embed save report reply [–]Probably_notabotTin | CC critic 8 points 13 hours ago Anything for more control over you it seems permalink embed save parent report reply load more comments (1 reply) [–]LibertosTin | BTC critic 4 points 14 hours ago Make sure to tell the Darkweb guys using Monero to also follow this immoral law. permalink embed save report reply load more comments (1 reply) [–]clean_cut89Tin 5 points 13 hours ago Typical EU bullshit permalink embed save report reply load more comments (2 replies) [–]AotrxPlatinum | QC: SOL 56, XMR 27 4 points 12 hours ago https://www.getmonero.org/ permalink embed save report reply load more comments (398 replies)

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ALL Reuters reporters will be familiar with this one.
by professor rat 12 Dec '22

12 Dec '22

ALL Reuters reporters will be familiar with this one. “… Mr Assange agreed that some level of privacy was necessary for the successful operation of the military …” http://www.abc.net.au/radionational/programs/drive/assange-i-can-rule-from-… JULIAN " ‘[The military] protects the sovereignty of Australia. It protects the independence of Australia.’ ASSANGE July, 2013 How comforting to hear of all this new-found amity between the NYT - Manchester Guardian and Camp Assange! We should hear no more of that ’ cypherpunk revolution ’ nonsense from any of them.

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NAZI-Nick Szabo is right about one thing
by professor rat 12 Dec '22

12 Dec '22

" . . . a currently popular view of proposition bets, the "prediction markets" view, often treats prop bets or idea futures as purely information-distribution mechanisms, with the only incentives supposed as the benign incentive to profit by adding useful information to the market. This fails to take into account the incentives such markets create to act differently outside the market. A "prediction market" is always also one that changes incentives outside that market: a prediction market automatically creates parallel incentives to bring about the predicted event. For example a prediction market on a certain person's death is also an assassination market. Which is why a pre-Gulf-War-II DARPA-sponsored experimental "prediction market" included a prop bet on Saddam Hussein's death, but excluded such trading on any other, more politically correct world leaders. A sufficiently large market predicting an individual's death is also, necessarily, an assassination market, and similarly other "prediction" markets are also act markets, changing incentives to act outside that market to bring about the predicted events. http://unenumerated.blogspot.com/2015/05/small-game-fallacies.html

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Picking tactical allies from the existing powers in order to combat crypto-fascism
by professor rat 12 Dec '22

12 Dec '22

This is purely a voluntary pursuit similar to occupational therapy if you like. Cryptoanarchist revolutionaries have no need for any help from any of the earthly powers. This has been the case for over a decade now - we can take out our own trash. Cases in point. Assmange jailed. Gupta exposed in 2014. Szabo accepts APster in 2015 and Mong drops dead in 2018. No unusual help from any govt, religion and/or large corporation was needed then and any help from that quarter is needed less every day. Fuck the existing powers. Cypherpunks write death-warrants - why Eric Hughes ran so fast.

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Leading cypherpunks accused of fascism
by professor rat 12 Dec '22

12 Dec '22

Confused over COINTELPRO? Well in my case I fully back up any accusations I make and I have a public facing profile. In the case of COINTELPRO it was common to make unsubstantiated allegations from hiding. As for harnessing the forces of a state to crush fascism - that has an honorable history - even crushing Saddam might be as well justified as WW2 was when seen in this light. If cryptoanarchism is our future then increased attention will be paid to cypherpunks politics. Somewhere along that route the powers-that-be may be called on to destroy any reactionary insurgency. Such as is currently being done while liberating Ukraine. Which is not to say every fascist is always wrong for all time. Even Hitler made perfect sense when he ordered the summary execution of all known CHEKIST's.

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