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Trump pardons convicted Binance founder

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Re: Trump pardons convicted Binance founder

#971

Earlier quoted context omitted.

Numbers matter less than reasons. We should be asking why, not how many.

Would you be saying the same if the numbers were different?

Yes. Smart people are educated to look at statistics with a critical eye, and we should be educating everyone we can do to the same.

Re: Trump pardons convicted Binance founder

#972
post #886

Earlier quoted context omitted.

It already no longer is.

Depends on your metrics of "dominant country" tbh. In terms of GDP the US is leading. In terms of purchasing power parity China is leading. In terms of military prowess the US is superior, if you believe their advertised weapons capabilities. That being said, if we believed what countries said about their own weapons, then Russia has a number of world ending superweapons - clearly they're the leader here /s. If you b…

> The dollar is still the primary reserve currency (for now)

It really worries me that the US president is heavily invested in crypto schemes, since he and his family would benefit with the crash of the dollar. It is the conflict of interest to end all conflicts of interest

Re: Trump pardons convicted Binance founder

#973

Earlier quoted context omitted.

The law says he should have prevented those bad apples from moving dirty money around, and he did not follow the law. Do you have a rebuttal for coffeezillas assertion that 2 billion dollars of Abu Dhabi money was invested in Binance using the Trump family coin in order to buy a pardon? The president is clearly pro crypto and doesn't think this dude did anything wrong, but he also wasn't gonna give a pardon away for…

Would you agree that all crypto exchanges have moved dirty money around? I don’t see anyone else being punished for similar crimes in crypto. I don’t doubt Trump tried to advantage himself when doing this. But I do feel like the Binance charge wasn’t consistent at all.

I would think any serious actor would know better than to store funds where they could be seized at a moments notice, so while I'm sure every exchange is guilty, Binances crime was getting caught.

Kinda like getting a speeding ticket, the fact that other people were also speeding isn't a defense.

Re: Trump pardons convicted Binance founder

#974

Earlier quoted context omitted.

Changpeng Zhao broke the law and got caught. Everyone agrees on that. What you present above is revisionist history about "political persecution," which is the favorite justification of the current administration for pardoning convicted felons, even in the total absence of any evidence supporting a conclusion of political persecution. See also George Santos, J6 rioters, etc. I don't think it's really necessary to pre…

You sound biased. If you believe this narrative, I got a few questions for you… - How was Binance any different than any other crypto exchange? - Should Coinbase and every other crypto platform be charged for the same crimes?

> Should Coinbase and every other crypto platform be charged for the same crimes?

Absolutely.

Re: Trump pardons convicted Binance founder

#975
post #233

The pardon power has been so abused these past few administrations that it's clear there should be constitutional changes in the pardon power, either congressional review, or strip it altogether.

Despite abuses of it, there are still too many reasons to need it, like when President Franklin Pierce pardoned an abolitionist for harboring fugitive slaves, or when George Washington pardoned Revolutionary War vets involved in the Whiskey Rebellion.

Better yet, there are a ton of cases since the 1980s prosecutors exploiting technicalities and mandatory minimum sentencing laws to get nonviolent drug offenders imprisoned for 10+ years on simple possession (not to to sell drugs, not PWID, just possession).

Re: Trump pardons convicted Binance founder

#976

Earlier quoted context omitted.

So long as most of these states have party primaries, particularly closed party primaries, it doesn't really matter because anyone insufficiently pro-Trump is getting primaried hard.

They still have to face competition in the general though. If Republican voters are disgusted enough, they might vote for a Democrat, but they are more likely to stay home and just not vote. Which could be enough for them to lose their seats.

> If Republican voters are disgusted enough

If Republican voters were capable of being disgusted enough, it would have happened by now.

Re: Trump pardons convicted Binance founder

#977

Earlier quoted context omitted.

Depends on your metrics of "dominant country" tbh. In terms of GDP the US is leading. In terms of purchasing power parity China is leading. In terms of military prowess the US is superior, if you believe their advertised weapons capabilities. That being said, if we believed what countries said about their own weapons, then Russia has a number of world ending superweapons - clearly they're the leader here /s. If you b…

> The dollar is still the primary reserve currency (for now) It really worries me that the US president is heavily invested in crypto schemes, since he and his family would benefit with the crash of the dollar. It is the conflict of interest to end all conflicts of interest

This is a very real concern, and often understated.

Re: Trump pardons convicted Binance founder

#978

Earlier quoted context omitted.

Depends on your metrics of "dominant country" tbh. In terms of GDP the US is leading. In terms of purchasing power parity China is leading. In terms of military prowess the US is superior, if you believe their advertised weapons capabilities. That being said, if we believed what countries said about their own weapons, then Russia has a number of world ending superweapons - clearly they're the leader here /s. If you b…

America has very little manufacturing capacity, has lost its edge in batteries and power generation, and is soon to be behind on computing. They're politically fractured, losing all their allies, and no longer have a sustainable military advantage. If they decide to flex their aging muscles against China, they will be outproduced, and can't win in a single decisive blow unless they want to initiate a surprise full nu…

You really have to ask the question "does all industrial production aid itself to war?" when making this determination.

Additionally, most people don't consider the Mexico factor. Presently some of the most talented machinists in the world live in Mexico manufacturing parts for American automotive (and other industries).

But, really, this comparison can only be proven in conflict - something both the USA and the CCP want to desperately avoid right now due to his economically coupled they are.

Just in time logistics has been a disaster for the American war machine.

Re: Trump pardons convicted Binance founder

#980
post #841

Earlier quoted context omitted.

He can run Binance again.

True, but is that an injustice? Is it likely to happen? He was accused of not having adequate know your customer compliance measures to prevent money laundering. Not like he stolen customer funds.

It's definitely unlikely to happen again, so I'm sure he's definitely not going to run similar ~scams~ companies!
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