2658

As one does.

2659

I made it through 29 seconds.

2660
2661

It’s almost like it’s all… scams.

2662

I’mshockedshocked.gif

He seemed like such an upstanding chap.

2663

Hey guys I just got an EXCLUSIVE invitation to participate in a VERY LIMITED 250 only RARE NFT called “Melania’s Vision” by Dec 31! That’s right Melania Trump’s NFT… the one that was available for initial sale from Dec 16-31… 2021.

Somehow the secondary sales (of the apparently 27! ever sold) are not super hyped.

2664

Meanwhile…

2665

Is there a tl;dr on the executive order somewhere? Are cryptobros excited about the validation, or pissed that teh gubmint is horning in on their turf?

2666

From the summary posted above it appears to be telling a bunch of relevant government agencies to seriously look into crypto and provide suggestions for regulation.

2667

The whole philosophy of crypto is it isn’t government controlled, so I would assume they would be against it.

2668

Yeah, an official US digital currency would probably pull people away from other stable coins, too.

Plus it would give the Feds a reason to more tightly control (or start controlling) other cryptocurrencies. That’s bad for money launderers and other illicit users, which is like most of them.

2669

Isn’t the official US digital currency…dollars?

2670

Yeah, there’s a certain element of this that I don’t really understand. I can already trade the US dollar digitally, pretty easily. I’m not sure what an official US digital currency does that would be different, other than being on the blockchain.

2671

The UK has just effectively banned crypto ATMs.

Technically they’ve just said that ones that aren’t operated by a licensed provider must be shut down. But nobody is licensed to operate them.

2672

One crypto firm has received lots of queries in the past 10 days from Swiss brokers asking to liquidate billions of dollars of bitcoin because their clients are afraid Switzerland will freeze their assets, one executive said, adding that none of the requests had been for less than $2 billion.

“We have one guy – I don’t know who he is, but he came through a broker – and they’re like, ‘we want to sell 125,000 bitcoin’. And I’m like, ‘what? That’s $6 billion guys’. And they’re like, ‘yeah, we’re going to send it to a company in Australia’,” the executive said.

2673

I’m sure they’re doing very thorough AML checks.

2674

So is there actually 6B in true liquidity for BTC? Or will this wipe out the market depth?

2675
2676

It’s like he just got out of bed. I bet he doesn’t have shoes on. I mean it’s the damn cover of TIME magazine.

2677

“I been told I do a great Beavis impression. Maybe I can do it for the cover?”

Time photographer: “whatever floats your boat, man… I’ve got Allman Brothers tickets”