Coinbase and Gary Gensler are in a death match and only one of them can prevail

[traider]

Taking the piss out of you guys before all those shiny coins get banned. You can of course keep them in your wallet and rest in the knowledge of having them. Like some who collect Reich Marks.

Most coins are already worthless and will just be collection purposes.
Can't even take them out, polish them and give it a good shine

 

[zdreg]

Taking the piss out of you guys before all those shiny coins get banned. You can of course keep them in your wallet and rest in the knowledge of having them. Like some who collect Reich Marks.

Reichmarks!

 

[Good1]

Its very interesting, and from what I've read, the SEC is fucked. Its not too different than the idea that the government wanted to go after crypto and instead crashed traditional finance. Here they want to shut down Coinbase to make a case out of the, but Coinbase has a shit ton of evidence that they tried for years to ask for guidance and didn't get any. Plus, the regulatory agencies cannot even agree on who should be doing the regulating, as if there were regulations anyway.

Now obviously enough people can be bribed off to make this case come out however they want, but the idea that you can sue someone for doing something wrong when the rules weren't even in place yet is absurd.

The US is quickly becoming and banana republic and everything that countries like Russia and China were once accused of will be exactly how the US is managed. Its going to be dictatorship and most won't be able to fight it because they will be reliant on the free handouts by the dictator.

There is this legal term called latches. In this case the time for the SEC to send such a warning was when Coinbase added it's first security, years ago. If not, they should lose the standing to sue.

As an example, they tried to stop Kari Lake from having standing to sue because she supposedly had several months -months- to sue about signatures on mail in ballots. They tried to use "latches". So yah, latches is still a thing.

Anyways, Coinbase should just change it's business model to be more like Swan and exchange only Bitcoin. To increase business, they should compete with Binance on fees, but also turn themselves into a serious custodian which facilitates every other transaction, like a cup of coffee, or anything you can buy on Amazon or eBay or at Walmart.

 

[Cuddles]

Taking the piss out of you guys before all those shiny coins get banned. You can of course keep them in your wallet and rest in the knowledge of having them. Like some who collect Reich Marks.

salty nocoiner spotted