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SEC has not approved Bitcoin ETFs [fixed]

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Re: SEC has not approved Bitcoin ETFs [fixed]

#371

Earlier quoted context omitted.

That’s a fun site.

Crypto is a scam (including Bitcoin) anybody treating it otherwise is overly credulous or in on the scam. Maybe it started out with better intentions but it is irredeemable.

I couldn't believe my eyes when I first stumbled upon https://dci.mit.edu/

Re: SEC has not approved Bitcoin ETFs [fixed]

#374
post #351

Earlier quoted context omitted.

it’s also not a particularly good way to send money from one person to another

It's absolutely the fastest way to send larger sums of money.

1) that’s very rarely the most important feature to me and 2) no it isn’t. Moving crypto around is fast but I don’t want crypto, I want money I can spend. USD -> crypto -> USD is not fast. There are faster ways to send money you can’t spend.

Re: SEC has not approved Bitcoin ETFs [fixed]

#375
post #290

Earlier quoted context omitted.

An irreversible permissionless way to send funds near-instantaneously to anyone anywhere in the world is pretty darn good at a lot of perfectly legal use cases. My personal favorite example is that I once used Bitcoin for an emergency so my (then-homeless) friend could receive cash in hands from a Bitcoin ATM, in a matter of less than 1 hour, on a Sunday, while I was vacationing remote. Nothing, and I truly mean it b…

Can do this for free in Canada with Interac as long as both parties have Canadian bank accounts. But for international transfer theres not a good solution AFAIK. Bitcoin ATMs are an interesting example because they involve at least one trusted third party - the Bitcoin ATM operator.

Wise (previously Transferwise) can do international transfer within seconds. If you're in Europe then payments between any bank in Europe take seconds (SEPA payments).

Re: SEC has not approved Bitcoin ETFs [fixed]

#379

This is so wild. Assuming it was financially motivated, wouldn't the involved party stand to benefit more by shorting and posting that the ETF was denied?

And that's why the most likely answer is that the message was queued to go out and sent prematurely.

Re: SEC has not approved Bitcoin ETFs [fixed]

#380

Earlier quoted context omitted.

Because it's their account?

Fraud is the fault of the one being impersonated now?

For people who are victims of identity theft, of course not, but for organizations or governments? Yes, clearly yes. Let's make sure that the burden of securing operations generally stays with, you know, the folks that have staff and budgets.
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