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Crypto is just a fake creation designed to dissuade people from buying tangible precious metals, and now they are starting the closure of crypto-friendly banks where will that leave crypto investors?

 

Not to worry though, I have been assured you will all 'be happy and own nothing!'

 

 

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On 3/15/2023 at 8:00 AM, webtrekker said:

Crypto is just a fake creation designed to dissuade people from buying tangible precious metals, and now they are starting the closure of crypto-friendly banks where will that leave crypto investors?

 

Hopefully with enough time to pull out in a favourable position.

 

(That's what she said).

 

On 3/15/2023 at 8:00 AM, webtrekker said:

 

Not to worry though, I have been assured you will all 'be happy and own nothing!'

 

Owning stuff is so last century!

 

Do we own our selves? That's the last stand. Can we own ourselves in the NWO? It doesn't look like it, so we might need to scale out of our position.

 

Monthly bearish divergence on civilized society.

 

 

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Hey there! I'm new to this forum and wanted to chime in on the discussion about crypto investments. I know there are some skeptics out there who see crypto as a fake creation meant to distract people from tangible precious metals. IMO there is still potential for growth and profit in the crypto market.

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On 3/24/2023 at 7:34 AM, ElisaMassey said:

Hey there! I'm new to this forum and wanted to chime in on the discussion about crypto investments. I know there are some skeptics out there who see crypto as a fake creation meant to distract people from tangible precious metals. IMO there is still potential for growth and profit in the crypto market.

Totally agree, web 3 hasn't properly started yet.

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  • 3 weeks later...

The IMF Has Just Unveiled A New Global Currency Known As The “Universal Monetary Unit”

 

https://davidicke.com/2023/04/15/the-imf-has-just-unveiled-a-new-global-currency-known-as-the-universal-monetary-unit-that-is-supposed-to-revolutionize-the-world-economy/

Quote

 

Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.

Universal Monetary Unit (UMU), symbolized as ANSI Character, Ü, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and .to protect the financial integrity of the international banking system

 

 

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  • 2 weeks later...

wow, it's happening.

Traditional jobs are going and introduction of new kind of way to earn.....not just "Play to Earn" for gamers but now it's "Move to Earn". It's no good to me as it requires you to jogg but hey....hello Justin Timblake.....'The Time' is becoming the reality.

Check 'STEPN' website. There are so many coins already so you have many choices. 😲

 

Till BTC having day, precisely 365 days time. 😲

Edited by DaleP
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1 hour ago, DaleP said:

wow, it's happening.

Traditional jobs are going and introduction of new kind of way to earn.....not just "Play to Earn" for gamers but now it's "Move to Earn". It's no good to me as it requires you to jogg but hey....hello Justin Timblake.....'The Time' is becoming the reality.

Check 'STEPN' website. There are so many coins already so you have many choices. 😲

 

Till BTC having day, precisely 365 days time. 😲

 

Brings to mind the Black Mirror episode: Fifteen Million Merits

 

Storyline

 
In this alternate, future reality, Bing and thousands of others must ride exercise bikes for hours a day to earn "merits", credits that can be used to purchase basic necessities as well as novelty items.
 
They are surrounded by televisions playing mindless entertainment all day long, including TV shows that mock the odd overweight citizen who cannot workout, a lot of pornography...and a talent show similar to the real-world Got Talent franchise.
 
When Bing meets, Abi, a woman with a talent for singing, he believes she can win the competition and earn a better life. However, after he makes sacrifice upon sacrifice to get her to the show, she is degraded and harassed by the judges and audience, who offer her a choice: start a career in pornography...or go back to being a slave. Her choice inspires a revelation in Bing, who begins to see the cruel injustice of the world in which he lives, and he is determined to change it...no matter what the cost.
 
 
 
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2 hours ago, webtrekker said:

 

Brings to mind the Black Mirror episode: Fifteen Million Merits

 

Storyline

 
In this alternate, future reality, Bing and thousands of others must ride exercise bikes for hours a day to earn "merits", credits that can be used to purchase basic necessities as well as novelty items.
 
They are surrounded by televisions playing mindless entertainment all day long, including TV shows that mock the odd overweight citizen who cannot workout, a lot of pornography...and a talent show similar to the real-world Got Talent franchise.
 
When Bing meets, Abi, a woman with a talent for singing, he believes she can win the competition and earn a better life. However, after he makes sacrifice upon sacrifice to get her to the show, she is degraded and harassed by the judges and audience, who offer her a choice: start a career in pornography...or go back to being a slave. Her choice inspires a revelation in Bing, who begins to see the cruel injustice of the world in which he lives, and he is determined to change it...no matter what the cost.

 

Exactly! https://vector-bsfa.com/2022/02/25/who-do-you-think-is-powering-that-spotlight-social-mobility-and-resistance-in-black-mirrors-fifteen-million-merits/

 

AI already knows your physical strength so they'll set the credit required for you to have an outdoor walk just outside of your range or something like that.

 

The only way to win AI is to remain human. AI's weakness is that they have to be taught first whereas human can manifest i.e. idea out of thin air because we have imagination and creativity. AI cannot serve people, to make people happy like human can. You might say, NO, they can entertain us etc.... but there is a difference. This is how you remain human.

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  • 2 weeks later...

Binance finally ask users from Canada to close their account by September 30 2023. It is one of the last centralized crypto exchange platform that is still offer services to Canadians. I tried to create account on other platforms but they are not accepting users living in Canada. I already had to withdraw from another platform in the last year. Getting increasingly hard. As expected.

Binacecanadaend.jpg.3082a8c996ca1e56ab3987128085bd1a.jpg

 

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Consumer cryptocurrency trading should be regulated as gambling, Treasury Committee says in new report

17 May 2023

Image representing news article

The Treasury Committee today calls for consumer trading in unbacked crypto to be regulated as gambling.

In a new report, the cross-party Committee of MPs highlights that cryptocurrencies such as Bitcoin have no intrinsic value and serve no useful social purpose, while consuming large amounts of energy and being used by criminals in scams, fraud and money laundering.

 

More here.

 

 

That's great news! The proceeds from Gambling are Tax Free, aren't they? 🎲 🎲

 

 

 

 

 

Edited by webtrekker
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On 5/17/2023 at 10:23 AM, webtrekker said:

Consumer cryptocurrency trading should be regulated as gambling, Treasury Committee says in new report

17 May 2023

Image representing news article

The Treasury Committee today calls for consumer trading in unbacked crypto to be regulated as gambling.

In a new report, the cross-party Committee of MPs highlights that cryptocurrencies such as Bitcoin have no intrinsic value and serve no useful social purpose, while consuming large amounts of energy and being used by criminals in scams, fraud and money laundering.

 

More here.

 

 

That's great news! The proceeds from Gambling are Tax Free, aren't they? 🎲 🎲

 

 

 

 

 

Yip in UK is not taxable. Trying to make UK crypto haven in Europe 

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On 5/17/2023 at 10:23 AM, webtrekker said:

Consumer cryptocurrency trading should be regulated as gambling, Treasury Committee says in new report

17 May 2023

Image representing news article

The Treasury Committee today calls for consumer trading in unbacked crypto to be regulated as gambling.

In a new report, the cross-party Committee of MPs highlights that cryptocurrencies such as Bitcoin have no intrinsic value and serve no useful social purpose, while consuming large amounts of energy and being used by criminals in scams, fraud and money laundering.

 

More here.

 

 

That's great news! The proceeds from Gambling are Tax Free, aren't they? 🎲 🎲

 

 

 

 

 

If you use spread betting sites, can use to trade equities and commodities etc tax free

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23 hours ago, Mr H said:

If you use spread betting sites, can use to trade equities and commodities etc tax free

 

Yeah but it's centralised i.e. you against the SB website, they probably have an algorithm to make you lose whereas decentralised exchange, the market is made by the players. OK, the market manipulation happens by whales but not like SB website.

 

You have to pay tax on crypto earnings.

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50 minutes ago, DaleP said:

 

Yeah but it's centralised i.e. you against the SB website, they probably have an algorithm to make you lose whereas decentralised exchange, the market is made by the players. OK, the market manipulation happens by whales but not like SB website.

 

You have to pay tax on crypto earnings.

On the spread betting sites you're just buying a derivative that matches the price of the asset. So I don't think there is like a traditional order book. They make their money from the spread.

 

Any earnings from spread betting sites from crypto is not taxable.

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7 minutes ago, Mr H said:

On the spread betting sites you're just buying a derivative that matches the price of the asset. So I don't think there is like a traditional order book. They make their money from the spread.

 

Any earnings from spread betting sites from crypto is not taxable.

 

Yeah I know about it being tax free but it's risky betting against the house because they can fiddle.

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5 hours ago, DaleP said:

 

Yeah I know about it being tax free but it's risky betting against the house because they can fiddle.

I tend to find the whole investment gig is manipulated scam. I.E look what they did today. Wall Street and Fed chair Powell pumped the markets so that the big money options expired worthless!

 

The rest of the time the market makers are chasing people's stops, or trying to get folks to buy high and sell low.

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