The Bitcoin / Crypto Currency Thread

I AM STARTING TO THINK CRYPTO MIGHT NOT BE AN INFLATION HEDGE…

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Tough one for some people.

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Privacy? That’s only for your elected officials in power. Let’s arrest a few crypto programmers to make sure eveyrone gets the message that privacy coins will not be tolerated.

Oddly they didn’t arrest anyone when HSBC actively helped drug cartels launder billions.

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FTX is accused of making ‘false representations’ about FDIC insurance

The Federal Deposit Insurance Corporation (FDIC) slapped the Sam Bankman-Fried-owned cryptocurrency exchange FTX with a cease-and-desist order over “false and misleading statements” that suggest its assets are FDIC-insured. The FDIC doesn’t cover stocks or crypto, and only safeguards funds held in insured bank accounts.

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In completely unrelated news, Sam Bankman-Fried is in the process of moving to $90MM estate in Florida. He/She/It said the move has nothing to do with Florida’s bankruptcy laws.

Anyone still a Mt Gox creditor?

https://www.bloomberg.com/news/articles/2022-09-07/investor-who-made-1-700-on-mt-gox-crash-circles-crypto-again

Backup link

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Mining not going so well.

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