BTC surges 5% on Biden NatSec EO news. https://usdebtclock.org/ "Bob wants to send Alice 1.5 Bitcoins. Bob has a Bitcoin wallet, as does Alice. Alice uses her wallet to generate a receive address, then sends it to Bob. Bob copies and pastes Alice's address into his wallet (and checks it). He enters 1.5 BTC, then clicks "Send". Alice sees the unconfirmed transaction. After several minutes she sees her transaction's first confirmation. The Bitcoins are hers. No online exchange was used. No government was involved." "El Salvador" "A bill introduced in Arizona to make Bitcoin legal tender!" "One of the governor candidates for Texas said he would do the same thing Arizona is proposing here if he wins, making Bitcoin legal tender in Texas that is. This stuff is going to become our legal currency the same way alcohol and weed prohibition ended, State by State" "Bidens executive order, America competes and a history lesson about AmericaExecutive Order 6102" "National Security = Terrorism Against You" "UK is going crypto. If you can't beat it join them" "It's suggested you crush these fucks by beating them to adoption first." "3 years ago, A former CIA covert intelligence officer did an AMA, on being asked what is the biggest national threat to United States,The answer was Blockchain technology!" "US Gov't is about to invest in bitcoin. Putin just "directed the Central Bank of Russia not to neglect the advantages of Bitcoin mining." Biden's executive order of national security is not to regulate bitcoin. It's to buy bitcoin in the name of national security. My source is my ass." "Govts around world moving to accept Bitcoin are fraud. They're taking it in, and on the backend they're keeping some stuffing their coffers with it, printing money and taking debt against you to pay some of what they claim to be accepting it for, and selling whatever's left. After enough cycles through that wash, they end up owning all 21M coins. He who owns the most gold wins. Don't fall for that scam, don't feed them your sovereign wealth, let them eat their own worthless Fiat, and keep that fine Bitcoin Filet for among yourselves." The Dementia Patient is preparing for The Fed’s crypto shitcoin that will be one of the key pieces of the upcoming Social Credit Score “Climate Change” Passport en route to full-blown hell on earth in a perpetual Big Brother Post Human Technofascism. Biden can’t even spell Bitcoin, let alone explain to anyone exactly what the blockchain tech is. Most importantly, there is no real way to stop Bitcoin or any other of the cryptocurrencies, and that’s why this executive action is laughable. Sure, cryptos will sell off briefly, many will yet again celebrate the demise of Bitcoin, Ethereum, etc. The are ignoramus clowns. Let them honk away. People will simply avoid centralized exchanges (i.e. IRS spies) which they should anyway, unless converting fiat into crypto (not the other way round), and the decentralized exchanges will just grow in ever more marketshare, as will the various legit decentralized DeFi coins. The real showdown comes circa 2025 when The Fed finally attempts to launch their spycoin and further rob We the People of what’s left of their dwindling freedoms. We need to see how that develops over the next 3 years, but for now this is a drooling idiot fake POTUS working for his Cult masters. Buy the BTC, ETH, etc. dips. Comply and YOU Die. https://2ndsmartestguyintheworld.substack.com/ Bidens executive order, America competes and a history lesson about AmericaExecutive Order 6102 https://www.barrons.com/articles/white-house-executive-action-regulate-crypt... https://twitter.com/BitcoinMagazine/status/1486805542618251271 https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-put... https://home.treasury.gov/news/press-releases/jy0454 https://www.federalreserve.gov/publications/files/money-and-payments-2022012... I see a lot of folks talking about Biden's Executive or next month, America Competes Act and the CBDC's being provisioned. ​ If crypto wasn't seen as an issue it wouldn't need an executive order. TLDR The US has a network of Federal Reserves that when in other countries is called World Banks and the IMF. They are losing control of the money supply, they are getting ready to fight back. The Government is whack and President Blunder is about to use an executive order to come after crypto. History tells us that this can be pretty extreme if we reference what Roosevelt did with Executive order 6102; to confiscate gold. With out question this is being sold as a matter of national security https://en.wikipedia.org/wiki/Executive_Order_6102 ****To be clear I am not saying they are coming to confiscate crypto, I am saying they are coming to regulate the shit out of it. IT compete with banks, it competes with wall street, it competes with the federal reserve, it competes with the IMF*** ​ Here is how screwed up the use economy is (each with definitions and explanations for those who want to learn): Let's be very clear the American and world economy is on the brink of complete collapse. The synthetic CDO's of 2008 were never fixed, they gave banks money https://www.youtube.com/watch?v=EEXTqtH-Oo4 The student loan crisis cant be fixed because of an investment tool like the above called SLABS https://www.investopedia.com/articles/investing/081815/student-loan-assetbac... Covid is causing massive supply chain issues so sales and manufacturing cant recover * if we can sell stuff and there are shortages the price will rise and wages will drop.** https://www.supplychainbrain.com/articles/34435-global-supply-chains-near-ma... Inflation is recking the world economy Covid is going to endemic status but may evolve to get worse. Wall street is using the Federal Reserve as a piggy bank and the fed is using the Plunge Team to stop the financial collapse. Repos and reverse repos are at a record high as hedge funds are over-leveraged and in the extreme Red. https://www.youtube.com/watch?v=I9UIumKX7Mw What is the plunge team https://www.investopedia.com/terms/p/plunge-protection-team.asp ​ _______________________ Empires don't invade other countries to control people they do it to control economies and resources ​ This includes pillaging their own: Its imperative to remember that the USA gave US citizens 1200 bucks and small businesses a fractured 2-time ppp system that was highly flawed but bailed out major corporations and banks at 120 billion per month. ​ Most relevant (Previous executive orders) Executive Order 6102 ......is an executive order) signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding) of gold coin, gold bullion, and gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933. The limitation on gold ownership in the United States was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars, and certificates by an Act of Congress, codified in Pub.L.) 93–373,[1] which went into effect December 31, 1974. Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $413 in 2020)[5] per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, a violation of the order was punishable by fine up to $10,000 (equivalent to $200,000 in 2020),[5] up to ten years in prison, or both. https://en.wikipedia.org/wiki/Executive_Order_6102#:~:text=Executive%20Order.... Executive Order 9066 This post-Pearl Harbor order, now infamous, gave the military the ability to mark out areas from which it would be possible to exclude “any and all persons.” The upshot of this move was that more than 100,000 Japanese-Americans and Japanese immigrants were sent to internment camps. Executive Order 10340 This order directed the Secretary of Commerce to “take possession of” American steel plants. The order put to rest a threatened strike . Steelworkers striking was a "threat" to national security. https://www.trumanlibrary.gov/education/presidential-inquiries/steel-strike-... Executive Order 13228 established the department of homeland security and turned America into a terrorist-fearing hell scape and took tax dollars and gave them to military contractors in mass. ​ China, Russia, Iran, and North Korea are all being used as threats to roll out this new executive order to preserve the economy. ​ https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR452... ​ I will leave on this final note. There are 2 ways to enforce policy in the USA; Legislation and litigation. If you don't have laws for a situation (legislation) you go to litigate ( go to court) and get a precedent using older or other laws. The SEC is currently losing badly against Ripple in court. ( They wont get a precedent) So they are turning to legislation (create new enforceable laws). Ripple is designer really to send VERY LARGE transactions instantly across the planet. ​ This directly competes with the CBDC and the Fednow Instant payment system coming out. https://www.federalreserve.gov/paymentsystems/fednow_about.htm This is an instant payment service for countries and large businesses (banks, hedge funds, etc) https://www.federalreserve.gov/paymentsystems/fednow_about.htm The IMF and Federal Reserve is looking to replace the ACH and payment systems ​ Crypto and block chain systems make RTGS and ACH old outdated tech https://www.imf.org/external/pubs/ft/fandd/2021/03/global-cyber-threat-to-fi... (RTGS) are funds transfer systems where the transfer of money or securities takes place from one bank to another on a "real-time" and on "gross" basis. Settlement in "real time" means that payment transaction does not require any waiting period. The transactions are settled as soon as they are processed. "Gross settlement" means the transaction is settled on one to one basis without bunching or netting with any other transaction Comparatively, ACHs are typically used for low-value, non-urgent transactions while RTGS systems are typically used for high-value, urgent transactions https://en.wikipedia.org/wiki/Payment_system ​ Think of all those poor clearing houses and companies getting a % cut that will be wiped out. Get ready for craziness and cheap crypto. I am buying up all privacy coins Monero, Dash etc as an investment Learn how to use a VPN, Linux is your friend ( Microsoft snitches), and encryption doesn't hurt. Edit: TO all those upset about politics, when politics comes after my crypto.... I get upset ​ To those attacking my character: I am not a right wing conspiracy theorist. I do not want to be doomed to repeat history. You using an Ad Hominem attack, this is a misdirection and doesn't talk about the subject matter Ad Hominem (Attacking the person): This fallacy occurs when, instead of addressing someone's argument or position, you irrelevantly attack the person or some aspect of the person who is making the argument. The fallacious attack can also be direct to membership in a group or institution. ​ To those saying the Biden Camp may support crypto. Just like he kept his promise to forgive student loans until the issue of SLABS as an investment vehicle came up, he sided with Wall Street and the banks. https://www.investopedia.com/articles/investing/081815/student-loan-assetbac.... Perhaps he wont side with investors and banks again. ​ I say you may be right. Its almost possible they would spend 3 months preparing an emergency executive order to regulate a multi trillion dollar industry they adamantly support. ​ The federal reserve and IMF will just sit back and lose control of the money system and allow the world populace decentralize payment protocols and do nothing. They may just relinquish complete control with out a fight and forgo tariffs and sanctions as a punitive system in Geo politics. Read here https://blogs.imf.org/2021/10/01/crypto-boom-poses-new-challenges-to-financi... https://blogs.imf.org/2021/12/09/global-crypto-regulation-should-be-comprehe... https://home.treasury.gov/news/press-releases/sm924 It seems like they are going to do nothing and will just let control of the worlds system. ​ This is Geo politics and its bigger than John Doe not paying taxes. Its about Russia and North Korea buying weapons, and sanctions not working. https://finance.yahoo.com/news/cryptocurrency-helping-russia-avoid-us-180004... Its about the US Dollar not being a reserve currency and the Petro dollar breaking down. ​ The US dollar used to be pegged to gold ( Nixon Changed that) and all other world currency was pegged to the US Dollar. This was established in the Brenton Woods Agreement and System of 1944 https://www.investopedia.com/terms/b/brettonwoodsagreement.asp EDIT Final update There is a little hopium here in the at FTX.us donated $5m to Biden's election campaign https://www.opensecrets.org/2020-presidential-race/joe-biden/contributors?id... but more than $74m came from Wallstreet tycoons. These guys wouldnt want blockchain tracking stock assets, naked shorting is dead that way White House Wants Crypto Rules as a Matter of National Security By Daren Fonda Jan. 27, 2022 3:00 pm ET Order Reprints Print Article Text size An executive order would aim to bring order to the government's approach to regulating cryptocurrencies. Brendan Smialowski / AFP via Getty Images The Biden administration is preparing to release an executive action that will task federal agencies with regulating digital assets such as Bitcoin and other cryptocurrencies as a matter of national security, a person familiar with the White House’s plan tells Barron’s. The national security memorandum, expected to come in the next few weeks, would task parts of the government with analyzing digital assets and assembling a regulatory framework that covers cryptos, stablecoins, and NFTs, or non-fungible tokens, this person said. “This is designed to look holistically at digital assets and develop a set of policies that give coherency to what the government is trying to do in this space,” the person said. The State Department, Treasury Department, National Economic Council, and Council of Economic Advisers would be involved in the initiative. The White House National Security Council would also be involved, the person said, since crypto has economic implications for national security. Along those lines, the administration would instruct agencies to work on harmonizing regulations of digital assets between countries. “Because digital assets don’t stay in one country, it’s necessary to work with other countries on synchronization,” the person said. The White House wouldn’t issue recommendations. Agencies would be given three to six months to come up with proposals, and the White House would act as a policy coordinator. White House officials declined to comment. Bloomberg earlier this month reported on the White House’s plan. The White House aims to bring order to the haphazard approach that the government is now using to regulate crypto, the person said. Various agencies oversee the industry, including the Securities and Exchange Commission and the Commodity Futures Trading Commission. But there’s no consensus on matters such as whether some tokens should be registered as securities, or how to oversee exchanges, stablecoins, and high-yield lending products. Congress has held multiple hearings on cryptos in recent months, exposing partisan divides between Republicans and Democrats on how to regulate the industry. The Biden administration is also urging Congress to draft rules. The White House released a report on stablecoins in November, recommending that Congress act promptly to regulate the industry. The Federal Reserve has also weighed in on digital currencies. The Fed released a report on a central-bank digital currency, or CBDC, earlier in January that laid out the pros and cons of digitizing the dollar. The report said that the Fed could start work on the project with support from the White House and Congress. A Treasury Department spokesman called the report an important step forward in discussions about a CBDC. Other countries are ramping up scrutiny of crypto, seeing it as a matter of national economic security. Russia’s central bank and finance ministry said this week that Bitcoin mining and trading activity should be more tightly regulated. Russian President Vladimir Putin called on regulators to form a unanimous opinion on regulating the space Wednesday.