Confusion on #bitcoin comes from the dichotomy of it both being a speculative asset but also one thats a necessity when needed
"You buying Bitcoin when banks are going under?"
Is coming from the speculators view
"This is what Bitcoin was born for"
Is from a users pov
JAYPOW might have broken US banking system.
2008 it was a banks portfolios of bad credit - aka subprime.
2023 it was banks portfolios of long duration bonds like UST and MBS???
If it goes down then remember Mar ‘20, big down, bailout, then big up! My body is ready.
Medical science experts from Harvard, Johns Hopkins, and Stanford testifying before Congress:
“The greatest perpetrator of misinformation during the pandemic has been the U.S. government.”
The awakening. Good morning.
TLDR: If you're American and use Kraken the SEC just kicked you off staking and the IRS is asking for your data to 'determine your correct federal income tax liability
1/2
So the SEC got buddy-buddy with SBF and almost gave them an exception to offer more services in the US.
But then goes after Kraken and Coinbase, the two most compliant US exchanges for services that the SEC previously refused to provide guidance on?