The checkmate here is Club Orange is a meatspace social driver. You get something like this, all you have to say is: βletβs talk about it at the next meetup.β Threat over.
So you would have fought knowing your families assets would have been taken and liquidated? The property of his wife and parents were put up for bail and thus tied from what he stated today. Granted you could argue that was a tactical error but once done it was too late.
Listened to the Bitcoin Today twatter space with Keonne Rodriguez on the Samourai Wallet case today. For me, everything boils down to the fact that the SDNY ignored FinCEN's ruling that Samourai was not a money transmitter. The fact that it did not end there tells me this was just more Biden-era lawfare against the Bitcoin slash crypto slash digital asset industry. You can tuck this in right next to the Operation Chokepoints, the assassination of Silicon Valley Bank, and the other egregious actions the Government has levied against the industry. The facts never mattered here. In any of these things. This is abhorrent abuse of the justice (sic) system against our citizens. Especially when you realize that violators in the tradfi realm get menial fines and a slap on the wrist. "For liberty and justice for all." -- Absolute bullshit. https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools
Taxes. I will never use it day-to-day until US tax code and treatment changes regardless of it being a great store of value or not.
Honestly though, what does that matter? Bitcoin per Share is the most moronic metric out there. It's yet another thing created to separate a fool from their money. It would only be valuable if you could redeem your shares for said spot Bitcoin.
Confidence breaking may be an understatement. I've been curious as to what happens to Bitcoin if the MSTR complex breaks. I think you could make a legit argument that he has been responsible for price appreciation over the last 3 years. If MSTR breaks and price plummets, odds are the ETFs follow suit. I cannot see any reason why they wouldn't and that has been the massive buy pressure over the last 18 months as retail has been long gone.
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About Me
Proud Sycamore alum, weightlifter, sports enthusiast, unapologetic pro wrestling fan, futurologist, and tech geek. All-Around Nerd. Bitcoin.
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