Now I can live with that

I proved your point

SBF love regulators in the US, love regulators in the Bahamas, love regulators in HK/China

You are exactly like SBF, you love regulators, a 100% self-admitted statist

SBF pretended to be a supporter of crypto, but instead was a supporter of fiat and an evil actor in the cryptos ecosystem

Even now Caroline has confirmed what we suspected that SBF was trying to suppress bitcoin price to go below $20k by selling stolen customer bitcoins

You are exactly like SBF, you pretended to support cryptos but in reality you are a good actor for the fiat system and you are an evil actor in the cryptos ecosystem with your constant fud
Absolutely, I believe in the system built over centuries through pain and blood and visionaries. I believe in the democratic election process which elects officials that can be removed and I believe in government and its institutions that are essential for communities to evolve in relative peace and prosperity.

Consequently, I don't believe in anarchy or libertarianism and didn't realize when I bought into cryptos and BTC in particular that the ideology behind it is a financial system separated from institutional oversight.

I do understand that in some countries, democratic or not, where the economy is always in disarray, BTC can be perceived as a way for individuals to protect their asset from the mayhem, and I believe BTC was created as a solution. However, it is obvious that it took all of about 2 seconds for anyone with fraudulent assets to recognize BTC as a solution to their problems and probably financed crypto's development.

I've not heard one perfectly good reason for transitioning to BTC the way you see it, knowing that some of the biggest actors in the space are bad actors (that you think are good actors because they support the system that you hope will make you very rich). Russian oligarchs, Chinese scammers, African leaders, Burmese military, drug lords, arm dealers, and anyone looking for a tax evasion solution... These are the good guys because they are all in on BTC???
 
I proved your point

SBF love regulators in the US, love regulators in the Bahamas, love regulators in HK/China

Keep in mind that Sam's "love" for regulators was that he wanted them in his pocket and to tailor regulations to boost FTX at the expense of other competitors (if possible).

The classic example of this was Sam's approach to regulators in the U.S. market where what he was proposing was "regulations" to regulators and politicians which should shut his competitor, Binance, out of the U.S. market.. and effectively put crypto U.S. "regulations" in place which were just illusionary with no teeth for regulating exchanges like FTX.
 
https://www.benzinga.com/markets/cr...-hamas-crypto-accounts-with-help-from-binance


Israel Seizes Hamas Crypto Accounts With Help From Binance
by
Murtuza Merchant, Benzinga Staff Writer

October 10, 2023 10:33 AM | 2 min read
ZINGER KEY POINTS
Confiscated funds from these accounts are set to be directed to Israel's national treasury.
Since 2021, Israeli authorities have seized around 190 Binance accounts suspected of terrorist ties.
Cryptocurrency accounts associated with the Palestinian group Hamas have been halted by the Israeli police, according to a local news report.

Local news source Calcalist on Tuesday, referenced an official announcement, reporting that following an attack on Israel by Hamas over the past weekend, escalating into full-blown conflict, Israel's defense chief has mandated a total blockade of the Palestinian territory, Gaza.

Collaborative efforts between the digital division of the Israel Police's Lahav 433 and the nation's defense ministry, intelligence sectors, and the cryptocurrency platform Binance were instrumental in pinpointing the accounts in focus. The report further states that the confiscated funds will be directed to Israel's national coffers.

In light of these developments, it's worth noting the upcoming Benzinga's Future of Digital Assets conference on Nov. 14, which will delve into the intricate dynamics of the digital currency world.

Earlier in March, the U.S. Commodities Futures and Trading Commission (CFTC) initiated legal proceedings against Binance's chief, Changpeng Zhao, stating that the company's executives were aware of "HAMAS transactions" on their platform.

Since 2021, Israeli officials have taken control of approximately 190 Binance accounts suspected of ties to terrorist organizations.

When asked for a comment, a Binance spokesperson told Benzinga that the data it uses to pinpoint individuals, addresses, and infrastructures associated with specific organizations stems from intelligence provided by law enforcement and investigative tools it has developed.

"Over the past few days, our team has been working in real-time, around the clock to support ongoing efforts to combat terror financing. We are committed to ensuring the safety and security not just of the blockchain ecosystem, but also the global community, through our proactive work," the spokesperson added.


© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Oh Binance is in trouble...
 
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