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UH-OH - Crackdown has begun on Coinbase....

 
mr dull socks

User ID: 80137492
United States
03/14/2021 01:28 PM

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Re: UH-OH - Crackdown has begun on Coinbase....
Cryptotards have been led to believe that their digital currencies are secure from the NSA/FBI/CIA deepstate players and various nefarious criminal entities and unfriendly foreign governments. Expensive lessons are going to be learned "The Hard Way".....Vulnerabilities exist which can and will be exploited.
 Quoting: tko


there is one simple thing that most cryptotards never think about. how did the FBI "seize" crypto from silk road? the only way to seize crypto is if you know how to obtain the keys (or hack them). It isnt secure.
ringa

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03/14/2021 01:38 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
Cryptotards have been led to believe that their digital currencies are secure from the NSA/FBI/CIA deepstate players and various nefarious criminal entities and unfriendly foreign governments. Expensive lessons are going to be learned "The Hard Way".....Vulnerabilities exist which can and will be exploited.
 Quoting: tko


Nobody believes this.
Bad Pattern

User ID: 79040234
United States
03/14/2021 02:27 PM

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Re: UH-OH - Crackdown has begun on Coinbase....
Sagan

Last Edited by Bad Pattern on 03/14/2021 02:34 PM
IAFphantom

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03/14/2021 02:38 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
Oh like they gonna screw the zillionares?
 Quoting: pool


^this. I think it's around 90% of bitcoin is held by like 20 accounts. You think 20 multi billionaires don't have any influence on this? Are they stupid and ignorant? I don't think so.
Jungleboogie

User ID: 76648271
Canada
03/14/2021 02:46 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
as FBI, IRS, ICE , & SEC look to collect from tax avoiders, money launderers, and criminal activity.



It's happening
 Quoting: _Trey_


Yup, it's called tax season.
Embrace the cognitive dissonance.
The Gullible Skeptic

User ID: 70011787
United States
03/14/2021 03:31 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
Cryptotards have been led to believe that their digital currencies are secure from the NSA/FBI/CIA deepstate players and various nefarious criminal entities and unfriendly foreign governments. Expensive lessons are going to be learned "The Hard Way".....Vulnerabilities exist which can and will be exploited.
 Quoting: tko


Honestly they kind of are if done peer to peer but exchanges are watched.

It's just like cash. You can pay people cash but once you start putting that cash into the bank or spending large amounts you will draw attention to taxes.

That is why they are killing the dollar so they can start their cashless society
INTP/8w9 Ennegram

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The Gullible Skeptic

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03/14/2021 03:34 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
Cryptotards have been led to believe that their digital currencies are secure from the NSA/FBI/CIA deepstate players and various nefarious criminal entities and unfriendly foreign governments. Expensive lessons are going to be learned "The Hard Way".....Vulnerabilities exist which can and will be exploited.
 Quoting: tko


there is one simple thing that most cryptotards never think about. how did the FBI "seize" crypto from silk road? the only way to seize crypto is if you know how to obtain the keys (or hack them). It isnt secure.
 Quoting: mr dull socks


Or given up willingly as a bargaining chip for a reduced sentence.
INTP/8w9 Ennegram

"You can't teach anyone anything but they can choose to learn"
-Me-

"To exist is to destroy"-Me-

"Specialization is for insects"
-Robert Heinlein-

Nine Noble Virtues: ODINISM:
Truth,Courage,Honor,Fidelity,Discipline,Hospitality,​Self Reliance, Industriousness, Perseverance
Wizerd

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03/14/2021 03:48 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
Wonder how long the crypto doomers will think btc is a scam.

Maybe it will become clearer when you can spend crypto at walmart
Waffles ™

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03/14/2021 04:01 PM

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Re: UH-OH - Crackdown has begun on Coinbase....
butthurt9
-------------------------------------
Jungleboogie

User ID: 76648271
Canada
03/14/2021 04:04 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
Cryptotards have been led to believe that their digital currencies are secure from the NSA/FBI/CIA deepstate players and various nefarious criminal entities and unfriendly foreign governments. Expensive lessons are going to be learned "The Hard Way".....Vulnerabilities exist which can and will be exploited.
 Quoting: tko


there is one simple thing that most cryptotards never think about. how did the FBI "seize" crypto from silk road?
 Quoting: mr dull socks


The same way they seize cash, gold, silver, cellphones, bank accounts, safety deposit boxes...guns a blazin, then use the backdoors that banks, cell providers and every other provider in the West is required to facilitate.

Last Edited by Jungleboogie on 03/14/2021 04:05 PM
Embrace the cognitive dissonance.
mikke(L)

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Poland
03/14/2021 04:16 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
I hope the cryptos crash, so I can get a good and cheap GPU, before the apocalypse. In a world dumbed down by AGW propaganda where most of us have to pay some retarded CO2 tax in power bills etc. these idiot miners are not just hoarding hardware, but also consuming some insane amounts of power. I hope the scam ends soon.
Sjah ki Kahn

User ID: 74563253
Netherlands
03/14/2021 04:36 PM

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Re: UH-OH - Crackdown has begun on Coinbase....
All fiduciary money is bad news. Value is value.
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blackdiamond

User ID: 77083188
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03/14/2021 04:55 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
They will manipulate it when they see fit...and when they do, it will be fast...
 Quoting: _Trey_





I see it that way. I believe they are letting it ride because we have inflation and it helps hide it. Silver should be ____? higher. You can see inflation but crypto hides the metals true value. They had totally new banking laws 20 minutes after 9-11. They don't want terrorists getting unmarked $$$. They are letting this ride ...for now. Don't underestimate how tricky THEY are. It's a trap.catfilenails
blackdiamond

User ID: 77083188
United States
03/14/2021 04:58 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
Cryptotards have been led to believe that their digital currencies are secure from the NSA/FBI/CIA deepstate players and various nefarious criminal entities and unfriendly foreign governments. Expensive lessons are going to be learned "The Hard Way".....Vulnerabilities exist which can and will be exploited.
 Quoting: tko


there is one simple thing that most cryptotards never think about. how did the FBI "seize" crypto from silk road?
 Quoting: mr dull socks


The same way they seize cash, gold, silver, cellphones, bank accounts, safety deposit boxes...guns a blazin, then use the backdoors that banks, cell providers and every other provider in the West is required to facilitate.
 Quoting: Jungleboogie


Look what happened during the Great Depression . They seized gold. This time they seize the crypto.catfilenails
Butch DeFeo

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03/14/2021 05:03 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
From the start, I knew that they would not allow bitcoin holders to cash their bitcoin holdings into real cash.

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Emerald_Glow 2.0

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03/14/2021 05:42 PM

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Re: UH-OH - Crackdown has begun on Coinbase....
link to irs website, with exact language, if all u do is buy, nothing to tax, nothing illegal, unless you're trying to launder money.

Thread: IRS - Simply buying cryptos does not require IRS reporting
 Quoting: CharlieFoxtrot


hf

banana2
Emerald_Glow 2.0
Jungleboogie

User ID: 76648271
Canada
03/14/2021 06:46 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
They will manipulate it when they see fit...and when they do, it will be fast...
 Quoting: _Trey_





I see it that way. I believe they are letting it ride because we have inflation and it helps hide it. Silver should be ____? higher. You can see inflation but crypto hides the metals true value. They had totally new banking laws 20 minutes after 9-11. They don't want terrorists getting unmarked $$$. They are letting this ride ...for now. Don't underestimate how tricky THEY are. It's a trap.catfilenails
 Quoting: blackdiamond


They hid the price of metals true value long before crypto came along.

TPTB hide any measure of true inflation by any means possible.
Embrace the cognitive dissonance.
BULLY! BULLY!

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03/14/2021 09:45 PM
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Re: UH-OH - Crackdown has begun on Coinbase....
So what, fuck the IRS and the USA if they insist on controlling it. If you're making money and they come at you, pay whatever taxes they think you owe them then get the fuck out of America to a country that is Crypto friendly and then keep rolling. The current corporation in control of America doesn't control the whole world yet and I doubt they ever will. As a matter of fact I think their time is short. Regardless of that, I'm sure America will change their tune when they realize who they've run off! There are plenty of expats already, none of them are begging to come back LOL. We didn't set up this country and the original, real Government to control or regulate every fucking thing that comes along, they are supposed to be our servants not our controllers...WE SHOULD BE IN CONTROL OF THEM!!! This corporation that's POSING as the American government stole that from us and has been unchecked and out of control for way too long. If Americans can't wake up and take back the control of their God given country from this tyrannical, usurping government/corporation then they need to be of one mind and fucking move. This, by far, is not the best place to live in the world, it hasn't been for a long time. It's just one simple part of the massive propaganda machine that has everybody thinking so. But the manipulation doesn't stop there, it has the American people scattered, immoral, and ununited, fighting each other over everything so we don't wake up and become of one mind... We need to put the United back in the United States of America, get rid of the usurpers that have taken control of everything in our lives and held their boot on our throats while they stole all the wealth and freedom that was ours by right. I doubt that will happen though, so the next best thing is it just leave... They didn't create crypto, they had no hand in creating something made for our freedom to control our wealth as we chose, they're just starting to step in and steal it from us now that they realize what is happening. And people need to wake up and realize the illusion that they are in control is false. They control nothing without tricking us into giving them permission. We just need to walk away, turn our backs on them and say no more.... Maybe then they would go back to being our servants instead of our masters...jmo
Anonymous Coward
User ID: 10799996
United States
03/15/2021 01:34 AM
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Re: UH-OH - Crackdown has begun on Coinbase....
Cryptotards have been led to believe that their digital currencies are secure from the NSA/FBI/CIA deepstate players and various nefarious criminal entities and unfriendly foreign governments. Expensive lessons are going to be learned "The Hard Way".....Vulnerabilities exist which can and will be exploited.
 Quoting: tko


there is one simple thing that most cryptotards never think about. how did the FBI "seize" crypto from silk road?
 Quoting: mr dull socks


The same way they seize cash, gold, silver, cellphones, bank accounts, safety deposit boxes...guns a blazin, then use the backdoors that banks, cell providers and every other provider in the West is required to facilitate.
 Quoting: Jungleboogie


Correct. NSA reads crypto transactions, knows storage locations, identifies the players as matter of routine. These algos are 1980's tech. Backdoors are built into everything, usually from the start. Crypto traffic is discoverable by its nature--it sticks out---as in red flag. Presumed and supposed future digital currencies will not be denominated in Bitcoin, or any of the other hundreds of coins out there. It is all one giant theoretical ponzi house of cards which will not be tolerated or left in an uncontrolled state by governments for much longer.





GLP