Financial Tea Leaves Something Is Coming Closer - The Great Awakening

Financial Tea Leaves Something Is Coming Closer (media.greatawakening.win)

posted 213 days ago by LoriInNC 213 days ago by LoriInNC +43 / -0

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– redtoe-skipper 2 points 213 days ago +2 / -0

moving against self-custody of Bitcoin?

sauce?

This?
https://www.thestreet.com/crypto/policy/industry-advocates-warn-of-momentum-behind-sen-warrens-crypto-bill

Funny. You have your bitcoin in a self-custody wallet. You are protecting yourself with max privacy and anonymity. How are they going to move against it?

By showing you are using it and undermining the USD?

On a different note: how are they going to move against privacy coins like monero? Kiirocoin? I think this is projection of threat signalling. The ignorant and fearful will sheepishly be corralled into the "safe and securer" CBDC.

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– merf 2 points 213 days ago +2 / -0

I was thinking this FBI notice, which was also discussed on the PPshow:

https://www.ic3.gov/Media/Y2024/PSA240425

Notice that Dowd doesn't say action to end self-custody, he says "cut off". The cutoff point for the average person is being unable to remove crypto from their exchange/brokerage/scammer.

People who use unlicensed cryptocurrency money transmitting services may encounter financial disruptions during law enforcement actions, especially if their cryptocurrency is intermingled with funds obtained through illegal means.

^ TBH this almost reads like a warning to the cabal: we're about to have to do enforcement so move your ill-gotten gains now before they are frozen...

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