There's already been several court cases in favor of Bitcoin specifically. It would be a huge headache for the Federal Govt to undo the precedence set by Bitcoin. However, precedence hasn't been set for crypto other than Bitcoin.
With the RESTRICT Act going through congress, they'd be able to outlaw Bitcoin and Crypto in the blink of an eye. Congressional Law overrules judge precedence buy it has to be passed in a subtle way so the public doesn't notice.
Surprised more people aren’t talking about this. I have invested thousands into crypto, however.. I can’t help but feel like something seems completely off lately. Does anyone know how much Btc the US government is currently holding?
I’m sure they would be able to manipulate the markets.
Here’s what really confuses me. They continue to destroy the dollar. It seems as if they really don’t care. Which is driving a lot of new people to buy bitcoin at a very high price… I just feel like we’re going to be blind-sided. I refuse to sell my bitcoin, but I’m also not buying anymore, been awhile now.
Worst case scenario, if I lose my bitcoin.. I’m still fine but I don’t see cbdc and bitcoin working in harmony. (They can, Ofcourse but I don’t see our government allowing that to happen)
The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.
Dubbed the central bank to the world's central banks, the BIS raised the concerns in its latest quarterly report, in which it also said this year's market upheaval had, by and large, been navigated without many major issues.
(Dec-15-2021) WSJ - SEC Floats Rules to Shore Up Money Markets to Stop Investor Runs
There's already been several court cases in favor of Bitcoin specifically. It would be a huge headache for the Federal Govt to undo the precedence set by Bitcoin. However, precedence hasn't been set for crypto other than Bitcoin.
With the RESTRICT Act going through congress, they'd be able to outlaw Bitcoin and Crypto in the blink of an eye. Congressional Law overrules judge precedence buy it has to be passed in a subtle way so the public doesn't notice.
https://nitter.nl/LPMisesCaucus/status/1639934790026555394
https://nitter.nl/greg_price11/status/1640722365809147905
Surprised more people aren’t talking about this. I have invested thousands into crypto, however.. I can’t help but feel like something seems completely off lately. Does anyone know how much Btc the US government is currently holding?
I’m sure they would be able to manipulate the markets.
Here’s what really confuses me. They continue to destroy the dollar. It seems as if they really don’t care. Which is driving a lot of new people to buy bitcoin at a very high price… I just feel like we’re going to be blind-sided. I refuse to sell my bitcoin, but I’m also not buying anymore, been awhile now.
Worst case scenario, if I lose my bitcoin.. I’m still fine but I don’t see cbdc and bitcoin working in harmony. (They can, Ofcourse but I don’t see our government allowing that to happen)
The US Government holds 205,515 bitcoins more than 1% of the Circulating supply https://www.teddit.net/r/CryptoCurrency/comments/122unbm/the_us_government_holds_205515_bitcoins_more_than/
The same month the SEC said Coinbase were violating securities laws, the USGOV sent 9,826 BTC to Coinbase to sell. https://www.teddit.net/r/CryptoCurrency/comments/127sw4r/the_same_month_the_sec_said_coinbase_were/
CRYPTO Is Now A Security: What Does It Mean For You?! | Coin Bureau https://www.youtube.com/watch?v=gpnLjfnZ2qM
REPOST (Dec-15-2022) YAHOO FINANCE - Bank of International Settlements warns of $80 trillion of hidden FX swap debt
https://archive.ph/bmLA2
The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.
Dubbed the central bank to the world's central banks, the BIS raised the concerns in its latest quarterly report, in which it also said this year's market upheaval had, by and large, been navigated without many major issues.
(Dec-15-2021) WSJ - SEC Floats Rules to Shore Up Money Markets to Stop Investor Runs
https://archive.ph/0GPuk