The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
There are a great many people who chose to see crypto as an existential threat to the earth because proof of work requires energy and energy is derived from fossil fuels and therefore any expansion of its use exacerbates climate change. Proponents of crypto are frequently corralled into a “climate change denier” corner by this faction. The other large contingent, myself included, sees the never ending scams, shady de…
SEC asks for emergency order to freeze Binance US assets anywhere in the world
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Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#262The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
Coz most crypto is scam and get rich quick schemes ?
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#263The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
it's not because you disagree with them that the quality is bad. Saying that crypto is very heavily linked to scams is an empirical fact at this point
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#264Earlier quoted context omitted.
Not at all. It tells you someone didn't like your post. Don't think it's possible to infer anything other than that. Many times I've had posts oscillate between negative and positive scores. It's very likely there are people who agree out there.
When certain comments get consistently downvoted, that’s not someone not liking your post.
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#265The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
We’re sick of seeing frontpage news about the latest crypto scam and fallout.
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#266what if shutting down all the exchanges is the thing that causes people to start using bitcoin directly as a currency?
Is Bitcoin worth anything if you can’t convert it into fiat currency & vice versa?
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#267Earlier quoted context omitted.
I have some inheritance cash that I received when my grandma died. Right now, it is soaking up some nice 4.9% apy, but eventually I'd like to buy a car (waiting for the prices to crash a bit more). It is what she would have wanted (she bought me my first car). I can't wait to walk into a dealership, with cash, and find out what sort of criminal I am.
There's no reason you would be a criminal, if they're comfortable taking so much cash (you didn't specify how much, dealers may vary in how willing they are to accept very large cash purchases) they will doubtless be comfortable filling out the mandatory reporting. The investigators are looking for patterns, and latchkey having one dead grandma and buying one car isn't a pattern. They can't see patterns if the data w…
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#268Earlier quoted context omitted.
When certain comments get consistently downvoted, that’s not someone not liking your post.
What law of physics or probability prevents a comment from consistently getting downvoted due to a disagreement in opinion?
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#269Earlier quoted context omitted.
Unless you just woke up from a deep coma and think "Crypto" in this case means "Cryptography" and not "Cryptocurrency"... I don't know what to tell you.
What's the difference? Cryptocurrency is said to be used for crime and cryptography is said to be used for crime.
Really?
Re: SEC asks for emergency order to freeze Binance US assets anywhere in the world
#270Earlier quoted context omitted.
I have some inheritance cash that I received when my grandma died. Right now, it is soaking up some nice 4.9% apy, but eventually I'd like to buy a car (waiting for the prices to crash a bit more). It is what she would have wanted (she bought me my first car). I can't wait to walk into a dealership, with cash, and find out what sort of criminal I am.
There's no reason you would be a criminal, if they're comfortable taking so much cash (you didn't specify how much, dealers may vary in how willing they are to accept very large cash purchases) they will doubtless be comfortable filling out the mandatory reporting. The investigators are looking for patterns, and latchkey having one dead grandma and buying one car isn't a pattern. They can't see patterns if the data w…
Why should I have to even be reported on though?
It is my money and I'm just buying a car. I'm already registering the car with the state in multiple ways (DMV and insurance).
>investigators are looking for patterns
Oh, so now I have to be wary of falling into 'a pattern'... but that's ok cause what I'm doing isn't a pattern (today?).
This whole concept of absurd levels of tracking and being treated like a criminal, is offensive.