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It's 2054
Bitcoin has failed
The gold bugs like @PeterSchiff have convinced everyone that peer-to-peer exchanges of gold are the way to go
The world is now on a gold standard
You run a coffee shop
A customer walks in to buy a coffee but all they have is a 1 KG bar of gold
They take out their chisel and scale and carve off 0.054 grams of gold
You take the gold and send it to your gold purity specialist to confirm that the gold is pure
3-5 business days later, the test confirms that the gold is real
You call the customer back to your shop to get their coffee to complete the transaction
I'm sorry, but after watching, Blackrock, Fidelity, Citadel, Schwab and now Deutsche Bank, all apply for #Bitcoin ETFs, spot exchanges, etc. only a few days after the SEC drops a TRO on Binance and sues Coinbase... how can't you think this entire past year was a giant inside job coordinated between the Wall Street parasites & government regulators so they could catch-up...
So BlackRock, Citadel, Deutsche Bank and NASDAQ have all started to enter the crypto space in the last week.
They've bullied out participants so they can scoop up cheap coins.
The trajectory for crypto has never been more clear.
We want to provide an update on the current battle https://t.co/HrbX93fwkq finds itself in with the SEC. We are pleased to inform you that the Court did not grant the SEC’s request for a TRO and freeze of assets on our platform which was clearly unjustified by both the facts and the law.
Instead, we were able to reach a Court-ordered agreement with the SEC that allows us to continue our ordinary course business. There has never been any evidence presented by the SEC concerning mis-use of customer assets. In fact, the SEC lawyers conceded in Court earlier this week, when asked by the Judge, that they had no evidence suggesting that any such thing had occurred.
The SEC’s request would have effectively shuttered our business, which is consistent with the agency’s continued attempts to kill the crypto industry by any means, even by making allegations that are not supported by the facts.
This fight has damaged our business and our reputation but not our fighting spirit or our resolve to defend ourselves against unwarranted charges and “regulation by enforcement” tactics that do not belong in our system of justice.
We look forward to continuing to defend ourselves in court.
@legen_eth Its amazing how much we have in common, I bought in 2017 and made nearly the same mistakes. At the end of last year I started accumulating again using about 20% of my biweekly income. I have strong positions in a handful of tokens I believe in and I'm still buying.
I've been inactive for a minute.
My wife and I had to say good bye to our beloved family dog.
My heart breaks for everyone who has felt this pain before.
It was hard to focus on anything but him for all of May leading up to his euthanasia.
I'm back and I refuse to give up.