BTC investment is different from other fiat investment because, once you miss the time to buy BTC and you buy it in a bull time it will be difficult for you to earn well from your plan. I don't think, BTC and altcoins can create financial damage in a society because is not a centralized currency that is be control by government and it pump when it is time to pump for those that bought when the price is low to start selling to make a good profits. If you can sell your coins in the bull market, I guess you will achieve a lot from your investment in the community because, it is the best way many investors use to win big income from the market.
Bitcoin is very weep unpredictable in many case. As Same hing happened to me as I wanted to buy Bitcoin at 27800 dollars and it remained at that that price for almost a lot of time and than I decided to wait and it suddenly shoot up and that was not good for me. As I am saying that we should be very careful for theses Bitcoin momentums. 
Topic: Bitcoin is racist - page 4. (Read 711 times)
Bitcoin is racist according to the SEC. Heil Satoshi!
Fortunately, it's not the SEC official position, this is a letter addressed to the chair of the SEC by the Investor Advisory Committee.
But still,
So according to them, Bitcoin (and altcoins ofc) creates financial damages to many minority investors because they don't have the knowledge to assess the risks associated with crypto.
Which is basically the most racist thing to say, they are labeling minorities as dumb fucks who can't understand how investment and risks work, I really wonder if those guys have ever heard of logic or if they do think twice before opening their mouths or writing such a stupid thing.
So according to them, Bitcoin (and altcoins ofc) creates financial damages to many minority investors because they don't have the knowledge to assess the risks associated with crypto.
They phrased that as "including many minority investors" so it's not all that bad. They're not accusing crypto of being inherently racist, not yet at least.
But it's pathetic how they try to lend some credibility to their actions by posing as "protectors" of minorities, women, climate or whatever.
And with USA being probably now less than 50% white, what does "minority" even mean?
SEC should start differentiating those investors that goes in the stocks market without even idea what they're doing. Buying penny stocks and those overpriced stocks and losing them eventually.
I guess that they'll never change and they'll always give that "losing" statements always to bitcoin and to the whole crypto market but will never recognize those that are losing their bets, I mean with their investments on the stock market.
I guess that they'll never change and they'll always give that "losing" statements always to bitcoin and to the whole crypto market but will never recognize those that are losing their bets, I mean with their investments on the stock market.
If you hear the questions in the investigation sessions that were against Mark Zuckerberg and the CEO of TikTok, you will find that many lawmakers have preliminary information about the new legislation and therefore what they see on TV and the media greatly affects their decisions.
Do not be surprised that some opinions may be biased (even though they know the argument is stupid) because of pressure groups and political money that may influence.
In general, everything will change with more investments.
Do not be surprised that some opinions may be biased (even though they know the argument is stupid) because of pressure groups and political money that may influence.
In general, everything will change with more investments.
Quote
The dogs are barking Quixote.
A sign we move forward Sancho, a sign we move forward.
― Miguel de Cervantes Saavedra, Don Quixote: Man of La Mancha
A sign we move forward Sancho, a sign we move forward.
― Miguel de Cervantes Saavedra, Don Quixote: Man of La Mancha
Bitcoin is not racist and the funniest thing is that how could they even consider it a racist thing that is causing damage to minorities even they know that it's used all over the world by all races. The minority investors are living in ancient times, it's their fault that they lack proper knowledge about this innovation. It's responsibility of governments to teach them about this technology rather than blaming it as racist.
Risks are involved in every investment even stocks are volatile and can cause huge damage to those minority investors. Any investors whether a minority or majority should learn the basics of investing whether it's in crypto or any other financial asset. Risk management should be thought to everyone, no matter where they belong, but unfortunately no governmental institution teaches those skills.
Risks are involved in every investment even stocks are volatile and can cause huge damage to those minority investors. Any investors whether a minority or majority should learn the basics of investing whether it's in crypto or any other financial asset. Risk management should be thought to everyone, no matter where they belong, but unfortunately no governmental institution teaches those skills.
BTC investment is different from other fiat investment because, once you miss the time to buy BTC and you buy it in a bull time it will be difficult for you to earn well from your plan. I don't think, BTC and altcoins can create financial damage in a society because is not a centralized currency that is be control by government and it pump when it is time to pump for those that bought when the price is low to start selling to make a good profits. If you can sell your coins in the bull market, I guess you will achieve a lot from your investment in the community because, it is the best way many investors use to win big income from the market.
Quote
The dogs are barking Quixote.
A sign we move forward Sancho, a sign we move forward.
― Miguel de Cervantes Saavedra, Don Quixote: Man of La Mancha
A sign we move forward Sancho, a sign we move forward.
― Miguel de Cervantes Saavedra, Don Quixote: Man of La Mancha
Bitcoin is racist according to the SEC. Heil Satoshi!
We trully live in a bizarre world nowadays
I've read a lot of bullshits about cryptos, but this one is amoung the winners.
I thought I had heard the worst when Greenpeace attacked the Bitcoin network with the slogan: "Change the code, not the climate".
So according to them, Bitcoin (and altcoins ofc) creates financial damages to many minority investors because they don't have the knowledge to assess the risks associated with crypto.
In another words, Bitcoin makes them loosing money because people are lazy to learn where they're investing in...
L@@k at FTX and co...
And
https://www.sec.gov/files/20230406-iac-letter-cryptocurrency.pdf
We trully live in a bizarre world nowadays
I've read a lot of bullshits about cryptos, but this one is amoung the winners.
I thought I had heard the worst when Greenpeace attacked the Bitcoin network with the slogan: "Change the code, not the climate".
So according to them, Bitcoin (and altcoins ofc) creates financial damages to many minority investors because they don't have the knowledge to assess the risks associated with crypto.
In another words, Bitcoin makes them loosing money because people are lazy to learn where they're investing in...
L@@k at FTX and co...
Quote
We have observed that the volume of, and activity around, crypto assets have grown
significantly in scale over the last five years with very large fluctuations in value.
Many investors recently have suffered significant losses as a result of their
investments in crypto assets. It is estimated that these losses have been more than
$2 trillion.1
As a result of targeted marketing, a significant amount of these losses have been
borne by unsophisticated investors, including many minority investors seeking rapid
investment growth without the knowledge or information to assess the risks
associated with such investments
significantly in scale over the last five years with very large fluctuations in value.
Many investors recently have suffered significant losses as a result of their
investments in crypto assets. It is estimated that these losses have been more than
$2 trillion.1
As a result of targeted marketing, a significant amount of these losses have been
borne by unsophisticated investors, including many minority investors seeking rapid
investment growth without the knowledge or information to assess the risks
associated with such investments
And
Quote
We believe that virtually all, if not all, crypto tokens are securities and that they, as well as the platforms and
custodians dealing with them, are subject to regulation under the federal securities laws to protect investors.
Accordingly, the offering of crypto asset securities and the platforms trading them should comply with the
registration, disclosure, anti-fraud provisions and other investor protector provisions of the federal securities laws.
We think it is very unfortunate and disturbing that there are legislative proposals to carve crypto assets out of the
federal securities laws and undermine investor protection.
The SEC should continue to be aggressive in bringing enforcement actions against companies that are violating the
federal securities laws in the crypto space, including, issuers, custodians and those acting as unregistered
platforms that offer trading in crypto asset investments.
custodians dealing with them, are subject to regulation under the federal securities laws to protect investors.
Accordingly, the offering of crypto asset securities and the platforms trading them should comply with the
registration, disclosure, anti-fraud provisions and other investor protector provisions of the federal securities laws.
We think it is very unfortunate and disturbing that there are legislative proposals to carve crypto assets out of the
federal securities laws and undermine investor protection.
The SEC should continue to be aggressive in bringing enforcement actions against companies that are violating the
federal securities laws in the crypto space, including, issuers, custodians and those acting as unregistered
platforms that offer trading in crypto asset investments.
https://www.sec.gov/files/20230406-iac-letter-cryptocurrency.pdf
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