Some much cherished travel impressions.
#memes 
The German regulator BaFin seized 13 bitcoin ATMs for alleged lack of banking licenses. They seized 28 mEUR in „illegal“ funds.
Whatever the facts around this case may be, let’s remember that the German financial „watchdog“ was fast asleep while Germany‘s worst accounting fraud in postwar history, WireCard, was playing out right under their otherwise so snoopy nose.
Considering that appr. 5,000,000,000 EUR were pulled out of investors’ pockets back then they just need to bust another 2,500 „illegal“ bitcoin ATMs à 2,000,000 EUR each to compensate for their failure to perform their duties.
These are the institutions that keep on wondering why „trust is eroding“.
Keep wondering.
https://www.coindesk.com/policy/2024/08/21/german-regulator-seizes-13-crypto-atms/
#bitcoin #AML #BaFin #corruption
The German regulator BaFin seized 13 bitcoin ATMs for alleged lack of banking licenses. They seized 28 mEUR in „illegal“ funds.
Whatever the facts around this case may be, let’s remember that the German financial „watchdog“ was asleep while Germany‘s worst accounting fraud in postwar history, WireCard, was playing out right under their otherwise so snoopy nose.
Considering that appr. 5,000,000,000 EUR were pulled out of investors’ pockets back then they just need to bust another 2,500 bitcoin ATMs à 2,000,000 EUR each to compensate for their failure to perform their duties.
These are the institutions that keep on wondering why „trust is eroding“. Keep wondering.
https://www.coindesk.com/policy/2024/08/21/german-regulator-seizes-13-crypto-atms/
Let’s put Europe‘s AI ambitions into perspective and try not to crack up. 
The new AI tool „Crack Viewer“ is not what you think. 
Can’t stop it. Ha!
#xrp #bitcoin #memes https://video.nostr.build/ff5f81444e8b4d04e1d1afa4c383eb3f4d3a464c8e48a9eec479161981635cd4.mp4
Memes galore! 
Some much cherished travel impressions. 
Check this out. Haha. 
The idea is fully consistent with the debt-based monetary system: You consume tomorrow’s earnings now, so why not tax gains before they actually materialize? Slaughter the chicken before it lays eggs! No better: eat the eggs before they even exist!
Brian Armstrong has has little regard for bitcoin’s virtuousness. He shills whatever deranged new crypto project hits the market.
It’s Altcoins season? „Bitcoin is trash. Let’s list some garbage !“ Altcoins season is cancelled? Brian pivots like a ballerina back to bitcoin.
The regulator calls? Brian is there ready with the red carpet.
He is no match for Jesse Powell who actually acts with principles and backbone.
#nostr #bitcoin nostr:note1cvp3u0z64nr7ucd32zcfzwz2hclh3ged4gmv7v54lg6946pe5rvqdaaa2t
The arrogance of EU beaurocrats has reached a level that is now bordering delusion. The role of the commissioner for the internal market once upon a time was to ensure good competition within the EU.
Today the woke thought police has widened their field of competence and is now telling nationals of other countries (!) what to say or not to say publicly. The dude gets 19,000 EUR monthly salary (tax free, excluding allowances) from tax payers to boss them around internally and embarrass them externally. The perversion of it is truly astounding.
Good to know that Thierry now wants Ursula‘s job. The two deserve each other.
https://unherd.com/newsroom/thierry-bretons-naked-ambition-is-undermining-the-eu/
#nostr #censorship #bitcoin #fourthturning #EU #musk
Shocking: In terms of gold, the S&P is now back where it was in the good old days of Bretton Woods.
#gold #bitcoin #austrianeconomics #centralbanks #hardmoney #satoshi
#inflation #cbdc 
Not so stupid after all.
The arrogance of EU beaurocrats has reached a level that is now bordering delusion. The role of the commissioner for the internal market once upon a time was to ensure good competition within the EU. Today the woke thought police has widened their field of competence and is now telling nationals of other countries (!) what to say or not to say publicly. The dude gets 19,000 EUR monthly salary (tax free, excluding allowances) from tax payers to boss them around internally and embarrass them externally. The perversion of it is truly astounding.
Hi, I’ve written a thesis on this topic. I agree with your concern. The one thing many people in the tokenization business don’t understand is this: in bitcoin’s case the valuable asset IS the information on the blockchain itself. That’s why enforcement can happen on-chain. In the case of blockchain based title registers enforcement can’t happen online because it actually is important who in the end will physically possess the property. This can only be enforced by the state (or regime) with guns and jails.
#Bidenomics at work: first data is falsified, then come the catastrophic revisions. Let's see if the framework of lies can hold until the election date! #Harris #dnc https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/e88719240c63c7a69e03f139bee81324a2ddcb59cf7dddcf397340120d833cf7.webp
I’m sure it’s an honest mistake. Spanning multiple month. That happened repeatedly already in the past. In line with desired political outcomes. Coincidentally propping up the stock market and strengthening lost trust in the Fed’s actions.
Thanks Matthew. I constantly read about people who are surprised that price limits are still the tool of choice for many politicians although there is plenty of evidence that this leads to scarcity, black market activity and ultimately higher prices. These people are right economically but they seem to be blind to the fact that for people like Kamala this tool works perfectly well: everybody believes the lie over and over and over. It’s proven and tested - not from an economic but from a political angle. It reminds me of infants: mommy tells the same joke over and over again and they laugh every single time.