@brucefenton Story Time: We deal with this all the time in our business. There is something called the “Funds Travel Rule” that is difficult to comply with. A Bitcoin ATM company got a finding on a IRS Title 31 audit because “the industry is non-compliant”, even though they had a solution.
@brucefenton Dream is different from reasonable. Here’s our dream:
1. Abolish SEC
2. Eliminate the need for any crypto company to register as a money transmitter
3. Abolish the Funds Travel Rule
4. Bonus: Overturn Wickard V. Filburn
All secondary crypto sales are not securities offerings! 🥳🍾🚀
EVERYONE owes Ripple for this win that they generated for the entire industry.
Thank you for patching the boat @bgarlinghouse@chrislarsensf@s_alderoty@johnedeaton1
So @BankofAmerica just closed my personal bank account that I’ve used for 15 years. No reason given.
Real reason? I do Coinbase transactions through this account for Bitcoin.
This is a war on Bitcoin & crypto. Please RT to warn others. We won’t stay silent.
@LBRYcom Someone would need to start a company that sells LBRY and potentially be a sacrificial lamb to see if they can win against the SEC based on the premise that secondary sales are not securities.
What does #CBDC stand for? Best answer gets a 50% discount to buy real money with cash at one of our #bitcoinatm locations. We’ll start:
Criminally
Backed
Dystopian
Collapse
JFC. The are throwing people in jail for selling #bitcoin, shutting down free speech platforms, forcing runs on #crypto banks, going after all of the major exchanges, and using everything in their toolkit to kill crypto.
All of this while launching #FedNow after having completed multiple successful #CBDC pilots. A #bankrun fixes this. Read my pinned tweet.
🚨 FLASH BITCOIN ATM SALE! 😱
Our location at 570 Elm Street, Manchester, NH will be closed forever tomorrow. We are selling #Bitcoin at 5% over at this location! #bitcoinatm#buybitcoinwithcash#btc#LTC
@Cobratate@TheCryptoSix were arrested for selling Bitcoin without a license. One of the members faced over 400 years behind bars for a non-violent crime. One of them is serving almost a year in federal prison. They are political prisoners and victims of The Matrix.
@brucefenton Anything that allows lower income people access to the financial system should be celebrated. Bitcoin thrives in lower income areas. Her state, NY is the most anti-Bitcoin state because of Bitlicense among other growth killing regulations.
Join us at @PorcFest ! We will be selling Bitcoin at a massive discount from our normal fee at the Porc Info tent! It’s Monday, June 19th- June 25th. #porcfest#livefreeordie#porcfest2023
@brucefenton The SEC will tell you that you need to get a securities lawyer in order to talk to them. It’s not as easy as filling out a form on the SEC’s website like Gary Gensler claims.
@GaryGensler You said all we had to do was fill out a simple form online, but then when I called and emailed the SEC multiple times they said we had to get a securities lawyer and that they couldn’t give legal advice over the phone. What you tell the public is actually the opposite of reality