White House: Biden Will Veto Bitcoin Legislation

johnarb said:
The recent private presentation was to an audience of Sovereign wealth funds and Blackock ceo has mentioned the Bitcoin asset is to protect the wealth...


Blackrock is not stupid and the clients they are dealing with are not dumb, I would not assume they will choose the version that is detrimental to both...



:D
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I saw an article about this but can't find it anymore. It talked about how fortunes have been deteriorating against the Bitcoin wealth being created. One way to protect their fortunes is to get them in on it ..the other is to hinder the price of Bitcoin. Something smells rotten here. The elites can't stand the transfer of wealth.
 
NoahA said:
the government banning bitcoin is because they want to save you.
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Never said it was the ONLY reason. The idea of crypto is so stupid, there are plenty more.

Anyhow I have a gold doorstop. I can hit you on the head with it to get to your senses. See? Practical...
 
Pekelo said:
How is that Salvadorian experience working out for you?
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Pretty good I guess...if I remember correctly the price tanked on the day it became official offering a buy opportunity.

Pekelo said:
Never said it was the ONLY reason. The idea of crypto is so stupid, there are plenty more.
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Sounds like somebody has sour grapes for missing out. Let me ponder your comment whilst I go for a drive in my (2008) Lambo. :)
 
NoahA said:
If Bitcoin is such crap, why is the White House so afraid?
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Because it is such crap? Because it could create another economic upset, and we've already had enough of those?

If these air coins are so robust then why are you afraid of proper regulatory oversight?
 
Pekelo said:
Sometimes you have to save people from themselves. Like gambling, addiction, etc.

Best usecase is still blackmailing for crypto.
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i see cannabis shops all over. Sports books readily available and legal. Even a brick and mortar casino in a blue blue city
 
2rosy said:
i see cannabis shops all over.
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What is wrong with weed? Anyhow, I got your point.

Ponderable: How come crypto fans are only logical when it DOESN'T involve crypto? :)
 
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wxytrader said:
Sounds like somebody has sour grapes for missing out.
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Oh for fuck's sake, make up at least a good argument. If I was a crypto billionaire, I would still have the same opinion of crypto, I would be just smiling at the idiots letting me cash out at high prices. :)

By the way, have you heard of Zelle? They transfer money for FREE! I know, mind blown.
 
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