Tag: cryptocurrency
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No Bitcoin for you!
China makes crypto transactions illegal. Is this the first nail in the coffin for cryptocurrencies?
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Infrastructure bill requires reporting of names and addresses of parties exchanging cryptocurrency
What is cryptocurrency regulation doing in an infrastructure bill? As far as I can tell crypto is neither a road or a bridge. The crazy overreach in requirements that people exchanging cryptocurrency need report the names and addresses of those doing the exchange? This is required for cash. This regulation is counterproductive and probably unenforceable.…
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President Kamala Joe
British asshole identifies as Korean, Biden whiffs on Miami building collapse, Zuck interfered with our elections, businesses compensate for increased labor costs, politics infect VAERS, no need for vaxx if recovered from COVID-19, creepy lady of the lake, and more
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U.S. digital dollar is coming
If you’ve been paying attention you could see this coming down Main Street for the last 10 years. This video from the Wall Street Journal, to me, shows that we are rapidly heading down the path of digital money. The implementation of this will be something to watch. No longer will we be able to…
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China digitizes the Yuan
Don’t confuse this with cryptocurrencies though. The Chinese version is just a digitization of their traditional currency… the Yuan. The Chinese government will know details about every single transaction and they will be able to use this to control their population. If your social score isn’t sufficiently high they’ll shut off your money spigot. They’ll…