‼️IF YOU HOLD #CARDANO 👇🏾 ‼️
Smart money will always use Politics, Negative News PUSHED by the media, MEDIA that they OWN & CONTROL to RELIEF DUMB money of their #CRYPTOCURRENY position.
QUESTION? If #CARDANO is suppose to be a SECURITY & is bad, WHY IS @Fidelity, the infamous 4.3 trillion dollar under management firm Buying & offering CARDANO in its ForUsALL 401K plan to its investors? WHY⁉️❓❓& JUST IN, why are they also preparing to file for a #BITCOIN ETF⁉️⁉️🚩🚩
Why is BLACKROCK trying to Rush in this #BITCOIN ETF in a moment they know the SEC has MAJOR HEAT from consumers & congress for not acting in the interest of the people? Is it because they believe SEC will approve it in other not to look even WORSE in the eyes of the courts and congress???
If you have already sold out of your positions, my condolences, while it’s not too late to buy back, you need more that just being able to buy back, you need to educate yourself on the assets you hold, you need a MINDSET shift to realized the opportunity you are so fortunate to be a part of.
The regulation debacle we are currently having is SOLELY for the purpose of these MASSIVE #TRADFI Conglomerates to swoop in and buy up enough of crypto to OWN the market. MAKE NO MISTAKE. I promise you they are WISE enough to know they can’t kill crypto, but they also know they could own it & Sell it to you at a premium.
I have ZERO sympathy for anyone that loses position or opportunity as a result of buying into these scare tactics, you only lost because you did not educate yourself or have conviction hence you DO NOT DESERVE THE OPPORTUNITY.
SOMEONE ELSE DOES.
As for me I WILL continue buying #ADA cheap and using it to buy @AadaFinance $AADA @MuesliSwapTeam $MILK @VyFiOfficial $VYFI & more.
#Cardano community, having read the specific complaint relevant to $ADA, imho it is an EXTREMELY weak argument made by the SEC. They completely omit the ICO took place in Japan & not available to US investors. They claim the 3 founding entities are a centralized oligarchy that owns the protocol, making no mention of the THOUSANDS of SPO’s that actually run the protocol. As always our decentralization will be the ultimate shield for us. Ignore the FUD. @Cardano@jasonappleton@cryptorecruitr@cardano_whale@CryptoIRELAND1
@IOHK_Charles 🙏 "a perfect opportunity for the entire industry to set aside it's fragmented nature and unite for a common sense set of rules and guidelines"
With respect to Binance, I'm reading through the SEC complaint. It's over 130 pages, but seems like the next in a series of steps to implement chokepoint 2.0 in the United States. The end goal is a agenda based CBDC partnered with a handful of massive banks and end-to-end control over every aspect of your financial life.
A regulatory event is where you have a debate about compliance with a law or guidance. This event seems to be a polticial philosophical disagreement with the very existence of cryptocurrencies and what they represent. An unelected group of people have decided that concepts like self-sovereign identity, owning your wallet, and the freedom to control your economic agency should be removed from the masses and given to the "enlightened" few.
Honestly, what is happening isn't anything new. It's always the same fight between freedom and authoritarianism just with different players, technology, and words. It does seem like this event is a perfect opportunity for the entire industry to set aside it's fragmented nature and unite for a common sense set of rules and guidelines that can prevent the United States from slipping into a distopia that would make 1984 look like a vacation.
I'll have more to say later, but will close with we are going to be fine. Everything's alright and the future is bright for the industry.
Today, the SEC filed civil claims against https://t.co/HrbX93eYuS in what is the latest example of regulation by enforcement under the current Commission. To be clear, we believe the lawsuit is baseless and we intend to defend ourselves vigorously. However, we want to address what has become an all-too-common occurrence for entities and individuals operating in the American digital assets industry.
For nearly two and a half years, https://t.co/HrbX93eYuS has engaged in good faith with the SEC. All along, the objective of our engagement has been consistent: work constructively toward a clear, practical regulatory framework that enables businesses like ours to grow, create jobs, and provide American consumers safe access to digital assets.
While we remain open to a productive compromise that protects our customers and their digital assets, with this latest action taken against our business and following similar actions taken against Coinbase, Gemini, Kraken, and other market participants, the SEC seeks a near eradication of our industry.
Simply put, today’s filing is unjustified by the facts, by the law, or by the Commission’s own precedent. The relief sought by the Commission would harm the very investors the SEC is charged with protecting. It would also stifle innovation and punish our company and industry rather than working to allow American businesses to thrive.
We continue to call on Congress to step in and pass bipartisan legislation that creates a workable regulatory regime for digital assets and reins in the bureaucratic overreach of which our industry is the victim. Until then, our country’s role as a leader and innovator will continue to be undermined.
BREAKING: The SEC is considering going after #Bitcoin because the price sometimes goes up and sometimes goes down.
Sources are saying oranges are also becoming a high level target for the SEC because the $BTC logo kind of looks like an orange if you squint.
Today is the first day of the 118th Congress. While prior efforts at regulatory clarity for crypto in the US have stalled, I am cautiously optimistic that 2023 is the year we will (finally!) see a breakthrough. A thread on why…
This is the email that caused Dan Berkowitz to step down from the SEC after cozying up to SBF.
But wait a second…
Whose email address was deleted from the document?
Gary?! Is that you?!
The world is (appropriately) outraged by SBF and FTX's fraud, but when Wells Fargo mismanages billions in customer funds as well, it's barely a blip on the radar. Food for thought....
BREAKING: Pelosi has sold another 20,000 shares of Visa, totaling ~$4M
Back in 2008, Visa offered her husband a "VIP cut of the IPO" at $11/share
Since then, $V is up ~1900%
Being "VIP" sure does pay
The full truth of the FTX Fraud Scheme will never come out. If it did, some of us end up dead and that’s probably not worth it.
But the entire course of the future in the world of crypto has now been altered forever.
I’m going to hold off on sharing more for now. I’m going to schedule a Twitter spaces for tomorrow with @SBF_FTX. If he shows he does. If he doesn’t, then we are going to do a huge evidence dump.
For now all I will do is release the convo verifying he agreed.