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PaperclipPerfector  16d ago (text post)   30771 thread views

Culture War Roundup for the week of December 2, 2024

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I think the market has been "suppressed" lately and that suppression got lifted when the election results came in; a lot of this might be the Halvening taking delayed effect. This is what the market looks like when the FTC et al isnt expected to continue shitting on crypto.

I noticed IRL reddit-brained leftists snarl and scoff when the subject of crypto was touched upon this summer. They're always patient zero for left-wing propaganda.

Watching Coinbase literally beg the SEC to tell them what to do, willing to do virtually anything the SEC asked (short of unilaterally shutting down), only for the SEC to sue them (and get laughed out of court) and refuse to clarify or instruct in any way what so ever was maddening.

SEC accused them of selling unregistered securities, and refused to say what they were. Coinbase wanted to register to sell securities, the SEC refused to expose any process to do so. The SEC lost every single court case they brought against Coinbase, they were acting so lawlessly. I think they just had the attitude that their legal funds were unlimited, and Coinbase had to run out of money and shut down eventually. It didn't matter if they had a legal basis for their "enforcement" or not.

FTC

SEC

Oops. SEC was what I was thinking of, egg on my face.

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