Cryptocurrency: News Dump, Tornado, FED Spanked re CBDC M2, Code Speech, more...
https://twitter.com/NeerajKA/status/1556730708059717633 The IRS is hiring 87,000 enforcement agents and the Fed is sanctioning privacy preserving technology. Where do we think this is going? PGP, a tool which exists to allow spies and terrorists to conceal their crimes, is being criminally investigated, to the professed surprise of many crypto people. Tornado dust attacks targeting popular addresses, politicians, etc. https://www.theblock.co/post/162465/crypto-notables-are-being-sent-eth-from-... Now they wanna ban bank accounts. You can’t make this shit up, these people are so delusional. "The way to bypass this ultimately is by having privacy be a first-class feature of the chain. So you can’t just check every transaction to see who used a mixer - since everyone is mixing. I think this action will likely accelerate adoption of that tech. (But I’m biased.)" Duh. https://www.thebubblefilms.com/ https://www.youtube.com/watch?v=nqp0AJe38Ec Jim Rogers - Warns Govts want to control Crypto, Regulate everything. https://news.coinxhigh.com/2022/05/04/joe-rogan-believes-the-us-government-f... Joe Rogan Believes the US Government Fears Bitcoin Nasdaq: Bitcoin Uses 50 Times Less Energy Than Traditional Banking https://www.nasdaq.com/articles/bitcoin-uses-50-times-less-energy-than-tradi... https://old.reddit.com/r/Bitcoin/comments/wjq4a5/governments_will_try_to_con... "Ninth Circuit Court of Appeals ruled that software source code was speech protected by the First Amendment and that the government's regulations preventing its publication were unconstitutional." https://www.kraken.com/en-us/proof-of-reserves In response to Tornado Cash's sanctions, Circle has blacklisted USDC from the addresses, people cannot use their stablecoins. Centralized and broken. Partial privacy is no privacy Nayib Bukele Credits Bitcoin, Surf And Crime Reduction For El Salvador's Tourism Rebound https://inbitcoinwetrust.substack.com/p/the-feds-plan-to-create-a-digital The Fed's Plan to Create a Digital Dollar Is Met With Hostility. 71% of commenters on Fed's January 2022 study say NO. US Fed Created 50% More Money Out Of Thin Air In 2 Years Than Ever Existed In The Previous 256 Years https://kingworldnews.com/inflation-hell-us-fed-created-50-more-money-out-of... If you know you know. The U.S. government is currently trying to battle inflation by enacting a $730 billion stimulus check bill... As if that doesn't cause more inflation... Bitcoin. https://old.reddit.com/r/Bitcoin/comments/wjkgdc/did_our_government_study_ec... https://old.reddit.com/r/Bitcoin/comments/wjy49b/bitcoin_fixes_this_inflatio... https://github.com/pe3zx/my-infosec-awesome JPMorgan caught shilling its crypto bags, again, after FOMO market manipulation panicking to acquire them, same as it does with Gold commodity... bust inbound. https://fred.stlouisfed.org/series/M1SL Iran makes its first import order using $10m worth Crypto. Government says by the end of September, cryptocurrencies and smart contracts will be widely used in foreign trade with target countries. Why don’t you ask them why they haven’t taken Monero’s tech and built a second layer on top of Bitcoin with it? Do they think that dual-key stealth addresses can have their hash function broken? Or are they concerned about Greg Maxwell’s Confidential Transactions use of Pedersen Commitments not being computationally binding but perfectly hiding? Maybe they’re worried about Bulletproofs? Of course, they’ll be unable to answer these, demonstrating that they don’t know what they’re talking about, much less are positioned to have an opinion about what should or shouldn’t be built as a Bitcoin L2. Would you sacrifice 5 years of your life for 100 Bitcoin and 100 Ethereum? You will be given 100 Bitcoin and 100 Ethereum, but in return you will be put to sleep for 5 years. Would you accept that? (When you wake up, Bitcoin will be worth 300K and Ethereum 65K) 1279 comments https://old.reddit.com/r/CryptoCurrency/comments/wjyj6w/would_you_sacrifice_...
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