ACT

dogchap

look at these freedom dick riders. US does the same with people who don't kiss US ass, Patriot ACT, Guantanamo bay, Daughter of Huawei Chairman to name a few. so shut the fuxk up. please!

BobbyZ122

Three things 1. never keep your crypto on an exchange(if it's not your private key, it's not your crypto) 2. Put your tokens on a decentralized wallet with a secure key device, like a Trezor or a Ledger. It will always be secure and PRIVATE 3. NEVER UNDER ANY CIRCUMSTANCES share your seed phrase or private key with ANYONE. Keep it written in ANALOG in a SAFE or LOCKBOX If you do these things, it will take an ACT OF GOD to steal your crypto

jps_

>No. Congress would have to give the SEC the authority to regulate exchanges. You do know of the Securities Exchange ACT, by which congress already gave SEC the authority to regulate exchanges, that deal in securities right? It's been there for longer than you've been alive. What that means is if an exchange is trading a security, then SEC has authority over that exchange. Period. No need for Congress to do anything, because it's already done it. The important crux here is what the exchange is doing. Coinbase in their S1 states that they aren't and won't trade crypto that is a security. And if they are true to what they write, then of course the SEC can go suck eggs. A problem arises when they screw up and trade something (or even issue something themselves) that is a security. And then they are subject to SEC. Which is what SEC has alleged, and which a judge could very well find. We shall see. This stuff is very very complicated. Well over Reddit's pay grade.

RangeSea7591

Regardless of how this turns out, HUGE respect for putting money to mouth. Many people talk about their ideas, but most don't have the guts to actually ACT. But of course they bring up all their should/could/would ofs in hindsight. All the best OP!

pet2pet1982

Also please note, today we start an open source consensus on fair Monero price based on Metcalfe’s law as definition of fair Monero price at some $1500. TIME TO ACT FOR FAIR MONERO PRICE $1500 BY Metcalfe’s LAW Today, February 20, the most malicious and huge centralised actor on Monero market, Binance has departed away. Together we, the independent honest participants, CAN set the consensus on FAIR Monero price based by Metcalfe’s law first time in the Monero history. Here is the Metcalfe’s law on fair Monero price itself: https://moneroj.net/metcalfeusd/ We should use it not as a law to verify, but as a precise definition of FAIR Monero price to act for right now. Miners, NEVER sell your mined Monero under Metcalfe’s law or roughly $1500 nowadays! Exchanges, set difficult high fees for Monero sell/buy prices too below the Metcalfe’s law! Encourage people to trade at fair Metcalfe’s law or above by reducing your fees! In absolute USD units you will still get up to 10x to your current profit! Merchants, split your business to two separate businesses, first one to accept VISA, Mastercard, PayPal, bank transfers AND the GIFT CARDS. Second one to accept all the crypto, Monero and selling the GIFT CARDS to use in your first business! Kraken, we consider you as our ally, since you always respect privacy in your public statements on your social media. Please encourage people to trade Monero at Metcalfe’s law levels! Create your own approach to that. Customers, leave KuKoin!!! It is suspected to be as malicious as Binance though have lesser “paper” Monero. But KYC outrage is terrifying. Stay far from ANY large centralised exchange with KYC! All of us, share this post in your social media, tell your friends, reach the celebrities! REACH THE CELEBRITIES. Once Metcalfe’s fair price at some $1500 will be established, we will need just few months to maintain it. Then, Monero price will fly free again! Our efforts are temporary but they are petty needed to find brand new price equilibrium! And of course, the mantra: regardless Monero price, its total coin supply (by mining) will be less than Bitcoin supply till year 2040. Yet another fact to learn and broadcast to all the people: https://np.reddit.com/r/Monero/s/M4nfX0VR8r Also read the historically original post: https://np.reddit.com/r/Monero/s/RohAV5uzog

Pitiful_Committee101

I just DCA with weekly buy orders at an amount that’s reasonable for me. I would start off by reading The Bitcoin Standard to get a foundation in understanding the mechanisms of currencies throughout history. Honestly if you really want to “make it”, then just work your ass off in school, get a good ACT score, and get paid to go to college. I’m 15 and this is what I’m doing so good luck brother.

CowhideHorder

THATSS RIGGHTT!!😎😎😎 I WILL DCA AT ANY PRICE!!!😩😫😤🤩🤩🤩 CAN I GET A AMEN FROM MY FELLOW CRYPTO BRO’S???😲🙄😯🥱😵😵‍💫🫨🫨🫨 LETS DCA AT 45K AND ACT LIKE BITCOIN WAS NEVER 15K A YEAR AGO🥵🥵🥵🥵 MY AVARAGE BUY IS 68K, 45K IS GOOD FOR MY DCA🤯🤯🤯😱😱😱 WHO NEED DCA AT 15k??? NOT ME🍆🍆🍆🍆

Cantwaittobevegan

Yeah I'm getting so annoyed by these posts thinking their shitcoins aren't shitcoins just because they ACT as if there's really some intrinsic value or technology involved. It's still crypto, almost all coins, over 99.9999% are shitcoins, they go up in price because people buy them, and people buy them because they think they're going up in price. There's no intrinsic value, A memecoin like Doge will have more worth than most coins in the top 20 on CMC.

Deez1putz

Sure, but that largely speaks to regulation, right? If you tokenized RE in this environment where people pretend "code is law" that is a non starter (of course "code is law" is not reality anywhere). There are plenty of benefits (potentially) to tokenizing RE. If RE was a token (and thus all prior ownership interest was visible) you could largely opt out of things like title insurance. Or, if you still had TI, because the history of title was easier to see the title insurer would charge much less to insure. Similarly, escrow wouldn't go away, but escrow could be much more automated and cheaper. Taking out debt instruments secured by the property would also be streamlined. An example might be a Mortgage on a house someone I own free and clear. Currently, if I want a mortgage I have to go make an application at a bank or mortgage broker. The bank is going to charge me a pile of origination fees, the bank is going to need to check on the title, the bank is going to need to check to see how encumbered the property currently is with debt and so on. Rarely do people shop around too much between banks/brokers. If the title was tokenized, prior inspection would be linked, value would be more knowable, ability to see debt encumbrances would be instantaneous and transparent, and overall the process could be more automated. More automated = competition to reduce prices. Beyond that the borrower would have access to people willing to fund part of the mortgage from all across the world and would be sure to get a better interest rate. Currently if someone steals your NFT the exploit is visible on chain and the police will try to find the person, prosecute them, and get you your NFT back (something that is really interesting that we are going to be seeing more of is if you buy a stolen item - even if you didn't know it was stolen - you have to return it to the rightful owner and it is the purchaser who is fucked). Obviously, there aren't too many law enforcement entities who have any idea how to do this, but more are starting to. The smart hacker, however, sells the NFT and washes the funds and never touches a centralized exchange. This is why stealing RE NFTs have no upside for an attacker. Everyone can see it is stolen and to attempt to utilize this token you have to go to the house and evict the rightful owner at which point you are arrested. In the scenario you mentioned with the hacker on your doorstep it wouldn't be that problematic. You were notified immediately when your NFT exited your wallet and made a police report (actually the hack never happened because of the robust safeguards wallets have in 2040 including a user set cooling off period before any transaction completes and you can void the transaction after the US legislature passed the SAFE WALLET ACT of 2036). The hacker was stupid enough to show up on your doorstep and was immediately arrested. After police department on chain experts (which in this year 2040 is the fastest growing major) looked at the transaction they identified that you had connected your wallet to a drainer address and the transaction was easily identified as fraudulent. Hacker goes to jail and NFT is returned. If hacker refuses then the old title is voided and a new one issued all of which is visible to future owners and lenders on your blockchain title.

bitsteiner

It is a token (ACT) on a blockchain, which is pegged to the Dollar, but with zero inflation. It's more like a stablecoin.

El_Demetrio

Puerto Rican residents are subject to a 0% tax on cryptocurrency. This includes profits from cryptocurrency disposals as well as income from staking and mining for individuals. ACT 60, originally known as ACT 22, offers these tax benefits to Puerto Rican residents who meet specified criteria.

El_Demetrio

Puerto Rican residents are subject to a 0% tax on cryptocurrency. This includes profits from cryptocurrency disposals as well as income from staking and mining for individuals. ACT 60, originally known as ACT 22, offers these tax benefits to Puerto Rican residents who meet specified criteria.

Amasan89

OP you would have done better without the \[SERIOUS\] in the title... next time choose: \- \[EMERGENCY\] \- \[ACT NOW OR DIE\]

shittybtcmemes

step 1 let your balls drop you are a fucking whole coiner. FOR CHRIST SAKE, ACT LIKE IT. Now, step 2. Put btc price tickers every where in your house so you never have to open the app :p

Awkward_Potential_

My biggest bags are BTC, ETH, SOL, LINK & MATIC. HEY MATIC. GET OFF YOUR ASS AND ACT LIKE YOUR BROTHERS.

Hwoarangatan

What are you talking about? What is there without ACT 60? For me to become an individual investor with ACT 60, it's 2x the fees songs I'm married. IRS doesn't like just one spouse doing it, so you have to pay a flat $30k worth of fees and donations a year. I'm not rich enough for that to be worthwhile.

Ecstatic-Text-3540

Hi! $ACT, or Acet, is a DeFansFi Token on Binance Smart Chain (BSC) designed to address oversupply by starting with zero initial supply and letting demand dictate the token's circulation. It offers benefits like staking, pools, swaps, and more. You can try [coins.ph](https://coins.ph) for crypto trading and buying see here [https://coins.ph/buy-sell-crypto](https://coins.ph/buy-sell-crypto)

pbjclimbing

Call Emily when people try to get EFT is approved. They use one of three ACT to get them approved, 33, 34, 40 initially they were trying to get them approved using ACT 40, but then futures EFTs got approved throughACT 33. They are now trying to use the different ACT. The crypto world is talking like it is a guaranteed to be approved, this is not true. The judge previously ruled that the reasons they approve the futures, but denied a spot. EFT were not good enough, so they had to go into more detail on the denial , this does not mean they will be approved I hope for the market they are approved

Discokruse

The Cares Act, specifically. This one act spent more money that any other US ACT in history. Responsible for printing 7.8T new dollars in 2020. There were a lot of GoP and Dem senators that voted yes too.

automatedcharterer

1. THE DIVISION IS RESPONSIBLE FOR ADMINISTERING AND ENFORCING THE SECURITIES LAWS OF THE STATE OF IOWA AND IS AUTHORIZED TO INVESTIGATE SECURITIES ACTIVITIES TO DETERMINE COMPLIANCE WITH IOWA LAW AND ISSUE ORDERS IMPOSING CIVIL PENALTIES AND REMEDIAL ACTIONS PURSUANT TO IOWA CODE §§ 502.101-502.810 2. PURSUANT TO IOWA CODE §502.412(4)(I) AND IOWA ADMINISTRATIVE CODE §191-50.17(3), IT IS A VIOLATION OF THE ACT FOR A BROKER DEALER FIRM TO FAIL TO ESTABLISH AND MAINTAIN A SUPERVISORY SYSTEM THAT IS REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH SECURITIES LAWS AND REGULATIONS. 3. BY FAILING TO MAINTAIN ADEQUATE OVERSIGHT OF ITS TRADING TECHNOLOGY RESULTING IN SIGNIFICANT PLATFORM OUTAGES DURING TIMES OF HISTORIC MARKET VOLATILITY, AS WELL AS SIGNIFICANT PERIODIC OUTAGES, ROBINHOOD HARMED ITS IOWA CUSTOMERS. ROBINHOOD'S FAILURE TO IMPLEMENT AND MAINTAIN ADEQUATE SUPERVISORY SYSTEMS FOR ITS TECHNOLOGY VIOLATED IOWA CODE §502.412(4)(I) AND IOWA ADMINISTRATIVE CODE §191-50.17(3). 4. WHILE EXPERIENCING PLATFORM OUTAGES, ROBINHOOD FAILED TO MAINTAIN AN ADEQUATE CUSTOMER RESPONSE SYSTEM. THEREFORE, ROBINHOOD VIOLATED IOWA CODE §502.412(4)(I) AND IOWA ADMINISTRATIVE CODE §191-50.17(3). 5. ROBINHOOD FAILED TO MAINTAIN AND IMPLEMENT ADEQUATE SUPERVISORY SYSTEMS FOR ITS TECHNOLOGY AND FAILED TO EXERCISE DUE DILIGENCE IN ASCERTAINING ESSENTIAL FACTS ABOUT IOWA CUSTOMERS' QUALIFICATIONS FOR OPTIONS AND MARGIN TRADING. ROBINHOOD ALSO NEGLIGENTLY MISREPRESENTED RISKS ASSOCIATED WITH MULTI-LEG SPREAD OPTIONS. THEREFORE, ROBINHOOD VIOLATED IOWA CODE §502.412(4)(I) AND IOWA ADMINISTRATIVE CODE §191-50.17(3). 6. BY FAILING TO REPORT "TENS OF THOUSANDS" OF COMPLAINTS TO FINRA, ROBINHOOD VIOLATED IOWA CODE §502.412(4)(I) AND IOWA ADMINISTRATIVE CODE §191-50.17(3), WHICH REQUIRE EVERY DEALER TO ESTABLISH, MAINTAIN, AND ENFORCE WRITTEN PROCEDURES TO SET FORTH THE PROMPT REVIEW AND WRITTEN APPROVAL OF THE HANDLING OF CUSTOMER COMPLAINTS. 7. BY FAILING TO PROVIDE REASONABLE CUSTOMER SUPPORT, ROBINHOOD FAILED TO MAINTAIN AND IMPLEMENT ADEQUATE SUPERVISORY SYSTEMS OVER ITS CUSTOMER SUPPORT. >Initiated By: IOWA INSURANCE DIVISION interesting. who else fined them for the same issue? >Initiated By: CONNECTICUT >Initiated By: STATE OF NORTH DAKOTA SECURITIES DEPARTMENT >Initiated By: COMMISSIONER OF SECURITIES STATE OF GEORGIA >Initiated By: STATE OF ALASKA DEPARTMENT OF COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT DIVISION OF BANKING AND SECURITIES >Initiated By: STATE OF NEBRASKA, DEPARTMENT OF BANKING AND FINANCE >Initiated By: THE DEPARTMENT OF FINANCE OF THE STATE OF IDAHO >Initiated By: DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION OF THE STATE OF CALIFORNIA >Initiated By: STATE OF INDIANA, OFFICE OF THE SECRETARY OF STATE, SECURITIES DIVISION >Initiated By: ARKANSAS SECURITIES DEPARTMENT >Initiated By: STATE OF MISSOURI, OFFICE OF SECRETARY OF STATE THE MISSOURI SECURITIES DIVISION >Initiated By: STATE OF ILLINOIS, SECRETARY OF STATE SECURITIES DEPARTMENT >Initiated By: STATE OF MAINE OFFICE OF SECURITIES >Initiated By: PENNSYLVANIA CONTACT: COUNSEL SEAMUS DUBBS >Initiated By: COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF BANKING AND SECURITIES, BUREAU OF SECURITIES >Initiated By: STATE OF MICHIGAN DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS CORPORATIONS, SECURITIES, AND COMMERCIAL LICENSING BUREAU >Initiated By: NEW JERSEY BUREAU OF SECURITIES >Initiated By: TEXAS STATE SECURITIES BOARD >Initiated By: COLORADO DIVISION OF SECURITIES >Initiated By: DELAWARE DEPARTMENT OF JUSTICE, INVESTOR PROTECTION UNIT >Initiated By: SOUTH DAKOTA DIVISION OF INSURANCE DEPARTMENT OF LABOR AND REGULATION >Initiated By: ALABAMA SECURITIES COMMISSION >Initiated By: VERMONT DEPARTMENT OF FINANCIAL REGULATION

pbjclimbing

I think you misunderstand the ruling. The ruling is simply that they must reconsider the Grayscale spot for EFT approval due to the fact that the reasons they rejected it for seem to also apply to the futures EFT approval which was approved under 33 ACT. They can still reject it. They just need to use reasons and explain under the reasons how it differs than the futures EFT. There are numerous ACT (33, 34, 40, etc) which can be used to approve EFT. The SEC can still reject the Grayscale application relatively easily due to it being a 33 ACT approvals attempt and the differences between spot and futures trading.

coinfeeds-bot

tldr; The article discusses the harmful internet bills that Congress is trying to push through, which would have negative impacts on human rights, expand surveillance, and enable censorship on the internet. The author emphasizes the need for comprehensive privacy legislation to protect individuals from big tech companies and data brokers instead of passing misguided legislation. The article mentions specific bills like KOSA, EARN IT, RESTRICT ACT, AGE-GATING BILLS, STOP CSAM, and COOPER DAVIS, highlighting the dangers and negative consequences associated with each bill. The author encourages readers to take action by emailing lawmakers, making phone calls, and sharing information about these bills on social media platforms. The EARN IT Act is specifically mentioned as a threat to online encryption and a potential cause of internet censorship. The KOSA bill is criticized for endangering youth by limiting their access to important resources. The RESTRICT Act is described as giving the president excessive power to ban apps without democratic process. The article also mentions the spread of regressive laws in various states that restrict teenagers' online rights. The STOP CSAM bill is criticized for undermining privacy protections and weakening end-to-end encryption. Lastly, the Cooper Davis Act is described as misguided and harmful, as it increases surveillance and damages encryption. The article provides links to additional resources and actions that readers can take to oppose these bills. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

BrotherAmazing

You can’t feed an army with 1 bag of rice by simply giving every soldier 1/10th of a grain of rice for dinner. Similarly, if you think you can “just divide” money or a commodity and have each unit be effectively worth the same, *THEN HAVE I GOT A DEAL FOR YOU!!!!* I’ll give you *TEN* gold nuggets for your *ONE* gold bar! What a deal! I’ll give you *TWENTY* pennies for your *ONE* five dollar bill! What a deal! I’ll give you *ONE HUNDRED* Sats for not a single bitcoin, not even half a bitcoin, but just *ONE-TENTH* of a bitcoin! *BUT HURRY AND ACT NOW, AS THIS DEAL IS SURE NOT TO LAST!!!*

elidevious

I’m neither for or against. I simply see the direction the wind is blowing. In reality, we already have credit scores, IP addresses, cookies, unique device image code embedding, KYCed trading accounts, social security numbers, tax ID numbers, passports, driver’s license, CCTV, biometrics data bases, DNA databases, credit cards, bank accounts, SAT/ACT, university grades, birth certificates, vaccine registers, wiretapping, blah blah the list goes on. People sacrifice anonymity for safety, security, and convenience. The powers that be like it this way. So if it’s possible for a universal user embedding, it’s probably going to happen. And hell, that’s exact what the smartest guy I know is working on.

Flattorte

bruh, are you serious? I'm not talking only about crypto, they have been doing that shit since 9/11 (more than 20 years ago!), the PATRIOT ACT, the SOPA/PIPA initiatives, the current pushes for anti-encryption, the list goes on and on

Givefreehugs

And you sounded massively intelligent and like you should score a 1400 ACT score for literacy

Stinkpretzel

Ah southeast US...in another life I used to live in Florida, had to leave because I didn't feel comfortable becoming nazi s/ I'm in Australia, ACT capital. We're caught in between a bunch of mountain ranges, and the cold just drops down in a little cauldron here. Nature trying to freeze out the politicians

tmztmz2

yeah i think its been snowing in NSW/ACT. Im f’ing feeling it haha. Its the old joints

MaximumStudent1839

>I DO NOT WANT THE BANK TO MAKE BETS WITH MY MONEY, Sure, don't use a bank. Go buy a vault or something. Put your money there. Even better just use private banking. There are options out there. No one is forcing you to use a bank. >GO GOOGLE SAVE THE CHILDREN ACT YOU FUCKING IMBACILE Here we are talking why fractional reserve banking make lending cheaper and more affordable. But you just go on a tantrum about how you don't want them to use your money. Who is the imbecile now? No one is forcing to use a bank. I bet you use the bank for all its financial convenience and services. You think they don't need to earn money to provide you those services lol? If you can afford to pay for these services directly, go private banking and stfu because you are off-topic.

TheFirstBull

Mate, what are you on about? Again you just blindly pass all my text and start whining about filthy rich parents and how bad full reserve banking would be. You are literally a bank advert LMAO This is the last time I bother responding to you, cause you're acting like a blind bank advert.. I go all caps bold text so you maybe understand lol **I DO NOT WANT THE BANK TO MAKE BETS WITH MY MONEY, BUT WITHIN THE FRACTIONAL BANKING SYSTEM THEY ARE ALlOWED TO DO THAT. UNDERSTAND THAT A NAME OF A SYSTEM HAS NOTHING TO DO WITH THE FUCKING SYSTEM, GO GOOGLE SAVE THE CHILDREN ACT YOU FUCKING IMBACILE**

johnnyb0083

Patriot Act...PATRIOT ACT! https://www.youtube.com/watch?v=wAKPWaJPR0Y

Probably_notabot

Macro environment is only getting worse and supposed “Free” nations are going full blown authoritarianism with CBDCs, and the RESTRICT ACT. But, BTC over 30k makes me happy.

Safe_Boot677

Anyone realize and articulate yet how this guys name is Sam BANKman Fried? As in, UNCLE SAM fried the BANK man when he stole your money so you should trust the government 😉 It's a play on words, a joke in plain sight, and it's all about misdirection, manipulation, and distraction to take a shot at crypto and at the same time make the masses feel like the BANK MAN got FRIED for his bad deeds and everything will be alright if you just stay away from crypto. Get it? It's a subconscious trick on the general public by the Aristocrats running government. BANKman is an ACTOR who will ACT as the singular scapegoat to be FRIED by Uncle SAM, but it was really a goup effort perpetrated by Uncle Sam! Think about all the money that moved through FTX from cryptomarkets to financial institutions like banks(superpac donations, bribes, etc). At the same time, cryptomarkets are portrayed as unsafe and the BANKman in charge of it is getting FRIED. So now that the dust is settling come on into your local BANK and stay out of cryptomarkets! Just saying, think about it, and how all the hidden things that run society are right there for you to decipher. These people are master psychologists.

z0uNdz

Many things the recent governing body try to pass only restrict freedoms even further. Over turning Roe vs Wade was a giant step backwards Trying to pass the RESTRICT ACT will basically force us to live in an authoritarian regime CBDCs will eliminate any privacy left and the financial system will totally controlled by an irresponsible government We should be taking strides forward as a civilization, but we have weak individuals in positions of power so we are declining. Even the life expectancy has taken a nose dive in the US for the first time ever. Reminds me of one of the better quotes out there: *Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard time.* We are at the stage of weak men in power creating hard times

typing

Ah so you've been using a VPN which is outlawed the RESTRICT ACT?

Old_Border_1446

US will likely ban it, then throw you in prison for 20 years if you use a VPN to access it, per the RESTRICT ACT. Because freedom.

w_savage

Imagine an ACT called RESTRICT.... most un American thing ever

ieatmoondust

All the other stuff...ok... but that RESTRICT ACT. Oh hell no. That's gotta be stopped.

_doppler_ganger_

They will if Faux News and CNN tell them it's a good idea. A lie repeated often enough becomes the truth. Should have just called it the FREEDOM ACT and they'd be all set.

SimbaTheWeasel

We’re still in ACT 1

DCFireGuy22

I agree with all you said. My only concern is if they ban it, the RESTRICT ACT is 20 years in prison and $250K fine if caught using a VPN. No idea how you would sell if it’s banned in US and you can’t use a VPN. The wrote the online Poker ban into a bill to suppress terrorism. The are up to a lot of fuckery

phamnhuhiendr

Friendly reminder that THE RESTRICT ACT IS NOT A TIK TOK BAN. It will give American government tools to ban any technology it doesnt like or doesnt control. This bill (S.686 2023-2024) entails STRICT Monitoring & policing of the following things: -Home WiFi & Internet (includes wired) -Your personal Phone, Computer, Smart -Devices, Security Cameras, Game Consoles ANYTHING you have than connects to the internet. -Social Media Platforms & Websites with 1 Million users -Your payments on internet banking. PayPal, Cash App, Vermont etc. -Your Small business website, Etsy Store, TeeSpring store etc -Spreading of any information the US Government deems as false. -Can ban TVShows, Music, Games anything deemed unfit by the Government and much more, basically anything that is "on the grid" will be monitored. (Apps, Texts, Videos, ect) -Anything can and will get banned if the Government sees fit. Not adhering to any guidelines set in place (Example: Using a VPN to acess banned content or even helping someone to get a VPN for said purpose) can result in jail time up to 20 years & fines up to $1,000,000 USD. Any application that has more than 1 million people using it can be censored or banned by the government. Officially, the bill says foreign technologies that pose a national threat. That is very broad (on purpose) because a domestic app, for example, Reddit, that may have foreign technology utilized (hardware or software) could be considered censorable or able to be banned. It goes further to restrict citizens ability to gain information about how or why a technology may be considered restricted. Even using something like a VPN is covered in this bill, making it felonious and punishable by prison and/or 250,000 dollar fine. Even telling someone how to use a VPN if the VPN will be used for accessing contraband technology. Again, there is no accountability required so who knows how egregiously that may be utilized? Because the freedom of information act will not be usable to gain information about any of said banning or criminal charges. In addition, it’s also self protective that it’s only limitation is that a future Secretary of State may not call for any investigations regarding how the law was used. It is akin to the Patriot Act all over again—but with our ability to communicate en masse throughout the world

phamnhuhiendr

Friendly reminder that THE RESTRICT ACT IS NOT A TIK TOK BAN. It will give American government tools to ban any technology it doesnt like or doesnt control. This bill (S.686 2023-2024) entails STRICT Monitoring & policing of the following things: -Home WiFi & Internet (includes wired) -Your personal Phone, Computer, Smart -Devices, Security Cameras, Game Consoles ANYTHING you have than connects to the internet. -Social Media Platforms & Websites with 1 Million users -Your payments on internet banking. PayPal, Cash App, Vermont etc. -Your Small business website, Etsy Store, TeeSpring store etc -Spreading of any information the US Government deems as false. -Can ban TVShows, Music, Games anything deemed unfit by the Government and much more, basically anything that is "on the grid" will be monitored. (Apps, Texts, Videos, ect) -Anything can and will get banned if the Government sees fit. Not adhering to any guidelines set in place (Example: Using a VPN to acess banned content or even helping someone to get a VPN for said purpose) can result in jail time up to 20 years & fines up to $1,000,000 USD. Any application that has more than 1 million people using it can be censored or banned by the government. Officially, the bill says foreign technologies that pose a national threat. That is very broad (on purpose) because a domestic app, for example, Reddit, that may have foreign technology utilized (hardware or software) could be considered censorable or able to be banned. It goes further to restrict citizens ability to gain information about how or why a technology may be considered restricted. Even using something like a VPN is covered in this bill, making it felonious and punishable by prison and/or 250,000 dollar fine. Even telling someone how to use a VPN if the VPN will be used for accessing contraband technology. Again, there is no accountability required so who knows how egregiously that may be utilized? Because the freedom of information act will not be usable to gain information about any of said banning or criminal charges. In addition, it’s also self protective that it’s only limitation is that a future Secretary of State may not call for any investigations regarding how the law was used. It is akin to the Patriot Act all over again—but with our ability to communicate en masse throughout the world

ChefSuperb

The TikTok ban aka The Restrict Act AKA PATRIOT ACT 2.0 will be used to control crypto

phamnhuhiendr

Friendly reminder that THE RESTRICT ACT IS NOT A TIK TOK BAN. It will give American government tools to ban any technology it doesnt like or doesnt control. This bill (S.686 2023-2024) entails STRICT Monitoring & policing of the following things: -Home WiFi & Internet (includes wired) -Your personal Phone, Computer, Smart -Devices, Security Cameras, Game Consoles ANYTHING you have than connects to the internet. -Social Media Platforms & Websites with 1 Million users -Your payments on internet banking. PayPal, Cash App, Vermont etc. -Your Small business website, Etsy Store, TeeSpring store etc -Spreading of any information the US Government deems as false. -Can ban TVShows, Music, Games anything deemed unfit by the Government and much more, basically anything that is "on the grid" will be monitored. (Apps, Texts, Videos, ect) -Anything can and will get banned if the Government sees fit. Not adhering to any guidelines set in place (Example: Using a VPN to acess banned content or even helping someone to get a VPN for said purpose) can result in jail time up to 20 years & fines up to $1,000,000 USD. Any application that has more than 1 million people using it can be censored or banned by the government. Officially, the bill says foreign technologies that pose a national threat. That is very broad (on purpose) because a domestic app, for example, Reddit, that may have foreign technology utilized (hardware or software) could be considered censorable or able to be banned. It goes further to restrict citizens ability to gain information about how or why a technology may be considered restricted. Even using something like a VPN is covered in this bill, making it felonious and punishable by prison and/or 250,000 dollar fine. Even telling someone how to use a VPN if the VPN will be used for accessing contraband technology. Again, there is no accountability required so who knows how egregiously that may be utilized? Because the freedom of information act will not be usable to gain information about any of said banning or criminal charges. In addition, it’s also self protective that it’s only limitation is that a future Secretary of State may not call for any investigations regarding how the law was used. It is akin to the Patriot Act all over again—but with our ability to communicate en masse throughout the world And yes, your cryptocurrency is also in this hit list.

RagingD3m0n

That's makes it a security. If a stable is backed by securities (treasury bills/bonds) it is a security as well. 1933 ACT

Odysseus_Lannister

*ACT vs Big-10 in shambles*

CryptoScamee42069

Lol nah ACT (take pity on me). But yeah, it’s been hot as balls of late

automatedcharterer

>FINRA Disciplinary Actions Online >Firm search: J.P Morgan Securities LLC >Displaying 1 - 15 of 2994 *sigh* Oh look, ere is a 1027 page report on the "regulatory events" (IE CRIME) maintained by the self reporting agency that works for them. https://files.brokercheck.finra.org/firm/firm_79.pdf a few of the felonies: >2 COUNTS OF FELONY WIRE FRAUD, IN VIOLATION OF TITLE 18, UNITED STATES CODE, SECTION 1343. NO PLEA DUE TO DEFERRED PROSECUTION AGREEMENT. SEE ITEM 4 FOR FURTHER DETAILS. ---- >JPMORGAN CHASE BANK, N.A. WAS CHARGED WITH FOURTEEN COUNTS FELONY COMPLICITY IN TAX FRAUD UNDER ARTICLES 1741, 1742 AND 1750 OF THE FRENCH GENERAL TAX CODE AND ARTICLES 121-2, 121-6, 121-7 AND 121-38 OF THE FRENCH PENAL CODE. ---- >JPMC WAS CHARGED WITH A ONE COUNT FELONY CRIME CHARGE IN VIOLATION OF THE SHERMAN ANTITRUST ACT, 15 U.S.C. SECTION 1 RELATING TO THE FOREIGN CURRENCY EXCHANGE SPOT MARKET ("FX SPOT MARKET"). JPMC PLED GUILTY PURSUANT TO A PLEA AGREEMENT WITH THE DOJ. ---- >JPMCB CONSENTED TO THE FILING OF A TWO-COUNT INFORMATION ("INFORMATION") CHARGING JPMCB WITH FAILURE TO MAINTAIN AN EFFECTIVE ANTI-MONEY LAUNDERING PROGRAM, IN VIOLATION OF TITLE 31, UNITED STATES CODE, SECTIONS 5318(H) AND 5322(A) AND TITLE 12, CODE OF FEDERAL REGULATIONS, SECTION 21.21, AND FAILURE TO FILE A SUSPICIOUS ACTIVITY REPORT, IN VIOLATION OF TITLE 31, UNITED STATES CODE, SECTIONS 5318(G) AND 5322(A) AND TITLE 13, CODE OF FEDERAL REGULATIONS, SECTION 21.11. BOTH CHARGES ARE FELONY CHARGES AND JPMCB PLED NOT GUILTY TO BOTH CHARGES.

durgadas

I AM THE ALPHA AND OMEGA. I DECIDE HOW OTHER PEOPLE ACT. NO ONE KNOWS THINGS OTHER THAN ME. Yeah, it's fucking sarcasm, robot person.

AmericanMuscle4Ever

i mean to them they ACT like this was the worst crime in the world... smfh

Lucidcranium042

And thwn thwyll have the only viable approved amd regulated centralized place for cbdc and other to participat as long a sthey oblige to the standards to ACT on the platforms Yay go you guys for usbering this in.. you all did so well in the beta phases good job

cyger

You don't get near perfect SAT/ACT scores unless you are a genius. You can't test well on that level unless you can do the work. Though his IQ is probably off the charts his Emotional Q appears low however.

itsnotthatdeepbrah

If the Bank of International Settlements is advising banks to hold 2% of their balance sheets in BTC, it doesn’t take a genius to understand the fact that they intend to settle using BTC moving forward. And the fact that it’s legal tender in 2 separate nation states quite literally means it’s a viable settlement layer for said nation states. Citizens are able to settle tax payments to the state. Other nations can trade using BTC. Your argument is “HOMIE ITS NOT ENOUGH BECAUSE THOSE NATIONS ARE SMALL, ONLY THE NATIONS I DECLARE AS BIG ENOUGH AND RICH ARE ALLOWED TO BE MENTIONED!!!” Or “HOMIEEEEE BTC IS ALLOWED BUT ETH ISNT SO IM JUST GOING TO ACT LIKE ITS USELESS TO ME!!!”

Gagarin1961

This is so stupid, FTX was a full KYC corporation already. This is some PATRIOT ACT bullshit

iam_aryan007

Don't think, ACT. Get a ledger now.

One_Ad_9622

Problem-Reaction-Solution The whole world is a stage and the cattle needs to know that we live in a slaughter house. These countries can "ACT" like they're against one another but one thing for sure they'll accomplish is the NWO. Better yet. The sheep who doesn't know what's going on will beggggggggs for it. They'll get it and their children's children will pay for it. But not on my watch MFs. I won't leave without making a dent to the system. We fight not with carnal weapons but with the TRUTH that is in Christ the Redeemer. YAH BLESS.

tmztmz2

Eyyyy another aussie! Sorry about ACT though

CryptoScamee42069

Degenerate in ACT reporting for duty 🫡

Befit_Move

Graduated from private small catholic school. I would say about same levels with graduate school. Irregardless it’s all on my own merit. No hand outs and aff action. Was 29 ACT and with 3.865 out of 4. No Ivy looking for my ethnic arse. Wasn’t dark enough. 😜

Befit_Move

Your wrong. Admissions has everything to do with grading. High schools grades and ACT/SAT? AA are given a 450 points forgiveness compares to Asians and 250 points compares to other races for admissions. Admissions are based on grades and testing. For all we know she could have graduated with a C- or have being pushed the system again when she got into Harvard. There are no roadblocks in high schools and AA even in states like CA and IL ( which is so democratic leaning with so many democratic solutions for minorities but more for AA) barely has a 6th grade math level and aren’t proficient at reading past 8th grade at like 77% of the AA. I will not concede to those points because you’re totally wrong. AA are either not being supported by their parents or not motivated to succeed in school or both. But either way they’re far inferior in the classrooms than all other races. Why is it you democrats never talk about affirmative action for other races in sports that’s 70% AA dominated but instead praised meritocracy. Why not praise meritocracy with grades and standardized achievements too?Smart kids don’t just get good grades. They earned it with time and motivation. I have an 18 year old now. Very bright but struggles with grades due to lack of motivation. I as a parent im on his arse all the time. He’s not failing by any stretch but a 3.65 isn’t stellar either. If he is AA and has a 30 ACT he would be where Joy Reid is.. in Harvard. He most likely won’t be. I hope he does but chance is way past slim and less than winning lottery he will go there. I don’t and would never expect him to get in a school above someone else. It would be unfair for the other kids who took their grades seriously and are much smarter. Do we know that Joy knows what inflation means? Does she know that printing money cause inflation? If so, why would she back indiscriminate spending by government? If she’s an intellectual, wouldn’t she know that the word inflation is so common? Republicans don’t talk about inflation? Now you’re being a Joy Reid with your assumptions. Republicans use economy as the main form of political points for their bases to get elected. It’s you democrats that don’t talk about inflation or economy. I know you think abortion rights and killing babies post 15 weeks are more important than economy but it’s not to many people. But to say republicans don’t talk about recessions and inflation is pretty low bar for someone who sound intelligent as you. THAT is the reason Joy and YOU think the word inflation is never spoken of. It’s because democrats’ politics usually do not take that into consideration as main talking political points. It’s more about identity politics for you all. But YOU displaced it on republicans as the ones who talk more about guns and gays. Lol. Democrats don’t talk about banning guns and gay rights? Common! You have got to see that those are triggers for both sides. As for me I can care less about gays or abortions s as triggers. Inflations and Guns on other hand… well it’s affects me more personally.

Salad4Hungrys

RIPPLE SAYS XRP OWNERS HAVE NO RIGHTS OR CONTRACT ACT SO TOKEN IS NOT A SECURITY. As US blockchain company Ripple continues its legal battle against the US Securities and Exchange Commission (SEC), the fintech intends to build its legal strategy on a calm that its token, Ripple (XRP), cannot be considered a security without contracts as there is no "investment contract" that would grant rights to investors.

PWHerman89

I think the big thing to keep in mind when watching any of these channels is that if they’re making some kind of prediction, you can bet that investors are either listening or coming to a similar conclusion. When that happens, investors ACT on what they think is going to happen and can cause the inverse of it if enough people do it.

Still_Lobster_8428

>There’s a risk and compliance team working with the regulators to ensure their CEX is done properly. It will be fully regulated. I'm not talking about the CEX at all.... It's the actual token for the project that is the issue! Stating that it is a SHARE or acts as a SHARE makes it a SECURITY! That triggers a whole world of compliance and most importantly.... LIMITS who it can be sold to. All other projects at least dance around this issue so that they avoid being a security (even though most projects are securities and will be classified as securities in time).... This project hasn't even bothered dancing around the issue with that, it comes out and openly states its token = a SHARE! You and the team behind this project might want to seek out LEGAL council on what can of worms that now opens up and what regulatory requirements need to be met to now sell securities and the limitations on who those securities can be sold to... It won't be a case like with other projects where they pretended to NOT be securities and they can then ask for "forgiveness" when the SEC finally catch up to them, no, Y5 has openly stated from the outset their token = a SECURITY! Which means the SEC will expect FULL compliance under the Securities Act! The SEC just retroactively classed 9 project tokens as securities and there is a court case currently (Ripple) that is pushing back on the SEC classification of Ripple as a security.... NO crypto project wants to be classified as a security because that then places them under the Securities Act and MUCH stricter regulatory scrutiny! But here Y5 is.... OPENLY stating on its website landing page that it's tokens ARE securities! Which means they damn well better be in compliance with the SECURITIES ACT if they are selling ANY of their tokens to anyone based in the US! Seeing how you claim Y5 is in compliance, you won't mind linking to their registration statement submitted to the SEC and the SEC's declaration the registration statement is "effective" and that its dated PRIOR to any of these share tokens being offered for sale to anyone.... It's a public document and the regulator (SEC) make such documentation publically avalible, so a link to Y5's will be easy...

Mr_P_Nissaurus

I don't have to ACT as if I'm smart. I'll leave that to you.

dankbuttmuncher

Yeah, it’s a part of the PATRIOT ACT. It’s not that complicated

circleuranus

Historically, every incoming Democratic president has to spend the first term unfucking the country and the budgets from the previous Republican president. The second term (if they get one and they usually do) is when their policies and corrective actions begin to take hold. Clinton left a budget surplus in the billions. Bush Jr. killed that his first year in office and started 2 trillion dollar wars. AND a big ass tax cut that caused even more deficits sending us into a recession. Obama walked right in to "the Great Recession" in 2008 and spent even MORE money to try and get us out of it. THEN he instituted the Affordable Care ACT, which increased deficits even more. Then Orange Julius Caesar piled on ANOTHER tax cut, and the Pandemic hit. Ronald Reagan DOUBLED the debt during his 8 years. Adding 1.42 trillion in deficits. GW Bush added 3.29 trillion to the deficit. Obama left office with 6.7 trillion dollar deficits. Drumpf then piled on another 7.8 trillion during Covid and the massive tax cuts.

U308kool-aid

I'm alright with all your points. There isn't much to argue. I'm saying there are problems with fiat but *bitcoin isn't a magic bullet either*. Maybe it would be better though. At this point I wouldn't be against giving it a try because we don't have much to loose**.** I think very soon there will be a major restructuring of the monetary system anyway. >I'm fine settling on what I said above that a bitcoin-run economy would not allow free printing of supply, whether it be fractional reserve or imaginary fiat. Above is what I have a problem with. My view isn't popular but I don't believe the federal reserve prints money the way everyone thinks they do. Money doesn't come from the federal reserve, it comes from the private banking system via loans by business, individuals and the government. The F.R. controls short term interest rates, bank reserves, reserve requirements and a few other things. When the F.R. "prints money" what they are really doing is printing bank reserves out of thin air. The problem? Bank reserves aren't money. You can't go buy a gallon of gas with bank reserves. Those reserves must be loaned into existence to become money. Besides emergency measures: the F.R is restricted by the Federal Reserve Act. They were very intentionally **NOT** given the right to print money at will and spend it. Consider the Great Financial Crisis. Why did the F.R. go before congress and beg them to pass TARP? Why didn't the Fed just print the money? Because they can't. Consider the CARES ACT. Why didn't the Fed just print the money then too? Sadly, we all owe the government debt of trillions of dollars now. You, me, my grandkids, all owe. U.S. Bonds (debt) were sold by the treasury *in the open market*. Whatever bonds were bought by the Fed were purchased from the primary dealers (banks) and those incoming funds went on their balance sheet as bank reserves. (to the best of my understanding) So there is no such thing as money out of thin air. Debt is always created anytime money is created. I don't see how money can be created unless debt is also created at the same time. Therefore, if bitcoin is base money, it has to have some scarcity so people want it. This would create demand and create the need for the economy to borrow bitcoin. If nobody needed to borrow bitcoin because everyone had enough to satisfy their needs then why would it have value? Note; Obviously I subscribe to *the debt theory of money.* The point is this: All else being equal, I'm not so sure it really makes much of a difference if the base money is fiat, gold, bitcoin or whatever else.

GeminiJ13

1 week isn't nearly enough. They have too many resources. 1 month MIGHT get their attention only. 3 months MIGHT get them to the table to JUST talk. 6 months MIGHT get them to JUST listen to our concerns. 1 year MIGHT get them to ACT on something SMALL that costs them nothing in return to get us all back in the barn again. No. We need to HURT them. Then they will DO what we want.

International-Foot93

Thats great. All we have to do is stop or manuever these 100 companies. Now act. Dont give me a eye catching tittle so ill click. ACT ON IT.

Puzzled_Raccoon8169

Who cares? Biden is gonna cancel student loan debt, right? Ain’t you seen the news stories talking about people struggling? I recall hearing about how college students were facing serious food insecurity back when they were drumming up support for the stimmies. This student loan debt is holding people back from buying homes and being able to start families too. And they MUST get the loans to pay for the ever rising costs at colleges and universities. And the colleges MUST raise tuition fees to cover the extra amenities required to lure in the best students. And drop requirements for silly entrance exams like the SAT or ACT to make the opportunity available for ALL. And the worst part, for the albatross of debt that hangs around these poor kid’s life FOREVER, a shocking number give up and quit and don’t even graduate.

artificiallygenuine

OP is a wet blanket moron that buys into whatever the people who he follows on twitter say and fills in the gaps with what he thinks should be there Absolutely nothing in OPs post show that Cel is insolvent. They might be, just like any other non-transparent company might be. There are warning signs, yes. But you don't go from "warning sign" to "100% TRUE, ACT NOW!" without being a fucking moron and toxic to this space. OP. GTFO out of here. Thank you!

Wsemenske

You failed the predict the next in the sequence questions on the ACT, didn't you

bomberdual

Because people have mistakenly assumed that "number go up" is a fact. If you just internalize (and ACT on it) that there is a chance bitcoin will never go up going forward, you will no longer be disappointed.

Lustful_lurker69

*moves to Puerto Rico, files for ACT##*

hughfordb

They said? If you invest based on what they said rather than what you’ve analyzed and tried to understand why they said then you have nobody to blame but yourself. NEVER TAKE FINANCIAL ADVICE FROM A HE SAID, SHE SAID, or [insert pronoun] SAID! YOU DYOR. Here is what DYOR means and I’ll use a scenario. Alice tells Bob that bleeding markets require investment in stable-coins and the rich people do it to avoid losing cash. Bob is human and has needs. Bob wants money to fulfill these needs and does not know much about stablecoins but is coerced by English language and fomo that Bob ends up buying the shit without knowing wtf Bob is doing. What Bob should have done was 1) Ask wtf is a stablecoin? And why do the rich use it? 2) Google to see how a stable coin is created. 3) Check previous data to see what stable coins were used during meltdowns 4) Calm the hell down and not buy on a whim. Think it through. The human urge to get out of a slum is real and I know that but miscalculated risks are definitely not the solution. 5) DO NOT ACT ON FOMO. Unless Bob knows about the markets Bob should sit and wait if there is no understanding. I just experienced a tweet that proclaimed a bloodbath just so the user could set limits for profit. BuY tHe DiP … know what the hell you’re doing and stop with the whoever said what crap.

halfgingerchick

The Buzz with ACT-IAC has a few great episodes on crypto. Worth a listen

RandomNumbers8285

BECAUSE YOURE WILLINGLY MOVING THE MONEY OUT OF THE WALLET DUDE, THAT WOULD NOT FALL UNDER ACT OF GOD 😂😂 what is there to not understand? I literally quit 😂

TurboCrowbag

It's pretty simple. Let me explain. Step 1: Never *REACT* to anything to do with crypto, or your wallet. Any time you decide to move your money around, it should be of your own volition. *ACT* according to your own plans and interests, never *REACT*, always assume any communication or information you receive from an outside source is fraudulent. If people are not following this simple way of thinking, then it's their own fault. It's absolutely no different to any other type of phishing scam in the past. Crypto just makes it easier for you to fuck up, and quickly. Until crypto is tard-proof I don't see things getting any better.

notwiggl3s

But ELIZABETH "POCAHONTAS" WARRREN put out SOME ACT saying it...was...bad? Or something? God can't you guys just see the truth?!

ShufflingToGlory

Achain (ACT) Bought a small bag for no particular reason. It has a 5 million market cap so I'm afraid to sell it in case it goes on a wild pump.

Zederikus

Just because bitcoin is managed by a company and not a government it makes little to no difference to peacefulness, YET THEY ACT LIKE BITCOIN IS BEING MANAGED BY BUDDHA HIMSELF IN THE GOLDEN MIDDLE ROAD AT ALL TIMES Wonder how long till the first explicit corporatocracy country appear, or will the societal cultural facade always be kept up?

Competitive_Swim5885

ACES ACT is rubbish!!! Sadly big bro is doing just what people were afraid of. They finna manipulate coerse and finagle their way into a footing. Its mostly about the proprietary tech that el salvador is using imo. Trying to gain more incite into chinas cbdc and thwart any sphere influence

ShufflingToGlory

Fomoed into Achain (ACT) when it pumped the other day. Not a massive sum, just some small cap gambling money. It's the first time I've ever jumped into a coin without properly researching it and I feel pretty stupid right now. The price has been fairly stable but it was still an impulsive and wrong move. Can anyone tell me whether this is worth holding onto or maybe give some advice on an alternative small cap? Maybe something with an upcoming catalyst, I'm trying to make a little money to roll into my bigger preferred projects. I know it's stupid to fomo and it's even stupider to jump straight out of a coin but I can't get a grasp on what Achain is about. It seemed to have huge promise a few years back but now sits at $7 million market cap, not exactly a vote of confidence from the investing community!

ShufflingToGlory

Anyone here have any experience with Achain? (ACT) Caught my eye because it pumped yesterday and has retraced today. 7 million market cap means it has huge upside if it ever pumps properly. Seems like it's an established project but with a tiny market cap and is sitting a fair way below its previous ATH. What's the story here?

ShufflingToGlory

What's the story behind Achain (ACT)? Tiny 7 million market cap, pumped 15% today. Current value is a fraction of its ATH. Could any old heads fill us in on what's going on there?

Square_Newspaper530

Actually I’m a computer science major in my 3rd year at university who got a 30 on my ACT at 14 without studying so I don’t think intellect is something I’m missing. I write research papers almost every week so try again 😂

Bpool91

_"We're now going to enact the new **FREEDOM AND SECURITY ACT** which makes it illegal to protest, ever. Also we are creating a CBDC so we can control all money, Also fuck you."_

Bucksaway03

Huh? Apart from ACT ( whatever the fuck that is ) you've got 2 solid choices and 2 more depending who you ask.

CryptoTaxLawyer

Here's the US embassy address in Canberra: Moonah Pl, Yarralumla ACT 2600, Australia If that's too far away, there are likely consular offices located in other major cities as well. Otherwise, have you tried tweeting the IRS directly?

ccstats-bot

Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: [BTC](https://fomographs.com/coin-details.html?coin=bitcoin) with `1245` mentions, `5801` total ups and `13` awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |[ETH](https://fomographs.com/coin-details.html?coin=ethereum)|500|1413|5| |[CRO](https://fomographs.com/coin-details.html?coin=crypto-com-chain)|183|627|5| |[ATOM](https://fomographs.com/coin-details.html?coin=cosmos)|173|397|3| |[MATIC](https://fomographs.com/coin-details.html?coin=matic-network)|164|529|3| |[ADA](https://fomographs.com/coin-details.html?coin=cardano)|142|290|1| **Trending**: [Monero (XMR)](https://fomographs.com/coin-details.html?coin=monero) **Flavour of the week**: [Immutable x (IMX)](https://fomographs.com/coin-details.html?coin=immutable-x) The coin that **climbed** more positions since yesterday is: [Tezos (XTZ)](https://fomographs.com/coin-details.html?coin=tezos) with `41` mentions. The coin that **lost** more positions since yesterday is: [Acet (ACT)](https://fomographs.com/coin-details.html?coin=acet-token) with `2` mentions. The top comment was left by: [u/baconcheeseburgarian](https://fomographs.com/mentioner-details.html?user=baconcheeseburgarian) with `657` ups and `1` awards. **Source**: [fomographs.com](https://fomographs.com)

ccstats-bot

Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: [BTC](https://fomographs.com/coin-details.html?coin=bitcoin) with `1271` mentions, `5909` total ups and `57` awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |[ETH](https://fomographs.com/coin-details.html?coin=ethereum)|705|2186|38| |[SOL](https://fomographs.com/coin-details.html?coin=solana)|452|4095|9| |[LRC](https://fomographs.com/coin-details.html?coin=loopring)|295|878|11| |[ADA](https://fomographs.com/coin-details.html?coin=cardano)|208|720|4| |[IMX](https://fomographs.com/coin-details.html?coin=immutable-x)|194|1452|13| **Trending**: [Juno (JUNO)](https://fomographs.com/coin-details.html?coin=juno-network) **Flavour of the week**: [Immutable x (IMX)](https://fomographs.com/coin-details.html?coin=immutable-x) The coin that **climbed** more positions since yesterday is: [Render token (RNDR)](https://fomographs.com/coin-details.html?coin=render-token) with `29` mentions. The coin that **lost** more positions since yesterday is: [Acet (ACT)](https://fomographs.com/coin-details.html?coin=acet-token) with `2` mentions. The top comment was left by: [u/SauceMaster145](https://fomographs.com/mentioner-details.html?user=SauceMaster145) with `1447` ups and `5` awards. **Source**: [fomographs.com](https://fomographs.com)

cclawyer

Actually, it doesn't. The IRS insists the drug dealers need to pay taxes on their unlawful profits. Not only that, but the government has also taxed many things in an effort to drive them out of existence. In the thirties, the federal government imposed taxes on marijuana, even though marijuana was not federally unlawful, but it was unlawful in 50 states. The marijuana tax act was not overturned until 1967, and United States versus leary, after Tim Leary managed to dodge a 30-year sentence for violation of the marijuana tax act. The United States versus Leary ruling was based on the supreme Court's prior decision in the United States versus marchetti, that found the waitering ACT unconstitutional, that required bookies to pay taxes on illegal earnings, thus confessing that they were bookies. Some were sent to jail for not paying the tax, some were sent to jail for paying the tax, and the entire scheme was found to be unconstitutional. Didn't prevent the IRS from pulling the same thing with the marijuana tax act and throwing dozens more people in prison that way. Remember, Al Capone died in prison because he failed to pay taxes on boot like whiskey. So, unfortunately taxation just means that the government has found something it wants to either kill or profit off of.

ccstats-bot

Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: [BTC](https://fomographs.com/coin-details.html?coin=bitcoin) with `1226` mentions, `3823` total ups and `23` awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |[ETH](https://fomographs.com/coin-details.html?coin=ethereum)|974|5248|16| |[SOL](https://fomographs.com/coin-details.html?coin=solana)|596|3861|7| |[ADA](https://fomographs.com/coin-details.html?coin=cardano)|366|2308|7| |[LRC](https://fomographs.com/coin-details.html?coin=loopring)|286|2265|12| |[ALGO](https://fomographs.com/coin-details.html?coin=algorand)|235|2078|13| **Trending**: [Bitcoin cash (BCH)](https://fomographs.com/coin-details.html?coin=bitcoin-cash) **Flavour of the week**: [Litecoin (LTC)](https://fomographs.com/coin-details.html?coin=litecoin) The coin that **climbed** more positions since yesterday is: [Bitcoin cash (BCH)](https://fomographs.com/coin-details.html?coin=bitcoin-cash) with `74` mentions. The coin that **lost** more positions since yesterday is: [Acet (ACT)](https://fomographs.com/coin-details.html?coin=acet-token) with `2` mentions. The top comment was left by: [u/zegall](https://fomographs.com/mentioner-details.html?user=zegall) with `783` ups and `5` awards. **Source**: [fomographs.com](https://fomographs.com)

Lurkawayzzz

'America COMPETES (by shitting itself) ACT'

Harucifer

This post is so wrong it freaking hurts. Jesus Christ. ​ As usual this sub is \*\*completely misinformed (or bad-faith) post about politics.\*\* The "AMERICA COMPETES ACT" was signed into law by \*\*President George Bush\*\* in \*\*2007\*\*. The intent of the law is to "\*\*C\*\*reate \*\*O\*\*pportunities to \*\*M\*\*eaningfully \*\*P\*\*romote \*\*E\*\*xcellence in \*\*T\*\*echnology, \*\*E\*\*ducation and \*\*S\*\*cience" (C.O.M.P.E.T.E.S). In essence, it looks to create opportunities (duh) and "promote excellence" as in \*regulate\*. It was updated once during Obama's government in 2011, and it's likely going to be updated once again in 2022. Apparently the crypto related part is in page \*1482\* and a few \~\~totally not misinformed or bad-faith actors\~\~ folks are pointing to this as something bad. It's not. The updates change, remove, integrate, clarify etc. several things on the original legislation, and it's not a surprise that it's a very long legislation, specially with the crappy formatting and big fonts they're using. \[Here, check it yourself.\](https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf) The ***TLDR:*** **This update to the American COMPETES Act just aims to give FinCEN (Financial Crimes Enforcement Network) authority to deal (as in prohibit/track/impose conditions) on the transfer of funds between suspect entities. The justification for this is a rampant increase in Ramsomware attacks against american companies.**

Harucifer

Oh, look, another **completely misinformed (or bad-faith) post about politics.** The "AMERICA COMPETES ACT" was signed into law by **President George Bush** in **2007**. The intent of the law is to "**C**reate **O**pportunities to **M**eaningfully **P**romote **E**xcellence in **T**echnology, **E**ducation and **S**cience" (C.O.M.P.E.T.E.S). In essence, it looks to create opportunities (duh) and "promote excellence" as in *regulate*. It was updated once during Obama's government in 2011, and it's likely going to be updated once again in 2022. Apparently the crypto related part is in page *1482* and a few ~~totally not misinformed or bad-faith actors~~ folks are pointing to this as something bad. The updates change, remove, integrate, clarify etc. several things on the original legislation, and it's not a surprise that it's a very long legislation, specially with the crappy formatting and big fonts they're using. [Here, check it yourself.](https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf) ​ Just in case you're lazy, I'll paste the text here and highlight the relevant parts (as in the justification of why they're even mentioning digital assets). ​ *Page 1482:* *Congress finds the following:* *(1) The Financial Crimes Enforcement Network (FinCEN) is the Financial Intelligence Unit of the United States tasked with safeguarding the financial system from illicit use, combating money laundering and its related crimes including terrorism, and promoting national security.* *(2) Per statute, FinCEN may require domestic financial institutions and financial agencies to take certain ‘‘special measures’’ against jurisdictions, in stitutions, classes of transactions, or types of accounts determined to be of primary money laundering concern, providing the Secretary with a range of options, such as enhanced record-keeping, that can be adapted to target specific money laundering and terrorist financing and to bring pressure on those that pose money laundering threats.* *(3) This special-measures authority was granted in 2001, when most cross-border transactions occurred through correspondent or payable-through accounts held with large financial institutions which serve as intermediaries to facilitate financial transactions on behalf of other banks.* ***(4) Innovations in financial services have transformed and expanded methods of cross-border transactions that could not have been envisioned 20 years ago when FinCEN was given its special-measures authority.*** ***(5) These innovations, particularly through digital assets and informal value transfer systems, while useful to legitimate consumers, are also a boon for bad actors like sanctions evaders, fraudsters, money launderers, and those who commit ransomware attacks on victimized U.S. companies and which use the financial system to move and obscure the proceeds of their crimes.*** ***(6) Ransomware attacks on U.S. companies requiring payments in cryptocurrencies have increased in recent years, with the U.S. Treasury estimating that ransomware payments in the United States reached $590 million in just the first half of 2021, compared to a total of $416 million in 2020.*** *(7) In July 2021, the White House, with support of U.S. allies, asserted that the People’s Republic of China was responsible for ransomware operations against private companies that included demands of millions of dollars, including the 2021 ransomware attacks that breached Microsoft email systems and affected thousands of consumers, State and local municipalities, and government contractors attributed to a cyber espionage group with links to the Chinese Ministry of State Security.* *(8) As ransomware attacks organized by Chinese and other foreign bad actors continue to grow in size and scope, modernizing FinCEN’s special measure authorities will empower FinCEN to adapt its existing tools, monitor and obstruct global financial threats, and meet the challenges of combating 21st century financial crime.* *SEC. 60202. PROHIBITIONS OR CONDITIONS ON CERTAIN TRANSMITTALS OF FUNDS.* *Section 5318A of title 31, United States Code, is amended—* *(1) in subsection (a)—* *(A) in paragraph (1), by inserting after ‘‘Secretary of the Treasury may’’ the following: ‘‘, by order, regulation, or otherwise as permitted by law,’’;* *(B) by striking paragraph (2) and inserting the following:* *‘‘(2) FORM OF REQUIREMENT.—The special measures described in subsection (b) may be imposed in such sequence or combination as the Secretary shall determine.’’;* *(C) by striking paragraph (3); and* *(D) by redesignating paragraphs (4) and (5) as paragraphs (3) and (4), respectively; and (2) in subsection (b)—* *(A) in paragraph (5), by striking ‘‘on behalf of a foreign banking institution’’; and* *(B) by adding at the end the following:* *‘‘(6) PROHIBITIONS OR CONDITIONS ON CERTAIN TRANSMITTALS OF FUNDS.—****If the Secretary finds a jurisdiction outside of the United States****, 1 or more financial institutions operating outside of the United States, 1 or more types of accounts within, or involving, a jurisdiction outside of the United 3 States, or 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States* ***to be of primary money laundering concern****, the Secretary, in consultation with the Secretary of the State,* ***the Attorney General****, and the Chairman of the Board of Governors of the Federal Reserve System,* ***may prohibit, or impose conditions upon certain transmittals of funds (as such term may be defined by the Secretary in a special measure issuance, by regulation, or as otherwise permitted by law), to or from any domestic financial institution or domestic financial agency if such transmittal of funds involves any such jurisdiction, institution, type of account, or class of transaction.’’.*** ​ ​ ***TLDR:*** **This update to the American COMPETES Act just aims to give FinCEN (Financial Crimes Enforcement Network) authority to deal (as in prohibit/track/impose conditions) on the transfer of funds between suspect entities. The justification for this is a rampant increase in Ramsomware attacks against american companies.**

Ringlovo

While everyone is drooling over moons: There is a provision in the AMERICA COMPETES ACT that could allow the Secretary of Treasury the unchecked power to forbid trading crypto. > In brief, it would hand the Treasury Secretary unchecked discretion to forbid financial institutions (including cryptocurrency exchanges) from offering their customers access to cryptocurrency networks. 

MattKozFF

THE AMERICA COMPETES ACT OF 2022 (1/25/22): https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf

MattKozFF

>America Competes Are you seeing any specific anti-crypto initiatives in the bill? The version dated 1/25/22 does not seem to have any negative crypto aspects in it, but admittedly I did the read it in entirety. THE AMERICA COMPETES ACT OF 2022: [https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf](https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf)