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32
The Biden administration is preparing to release an executive action that will task federal agencies with regulating digital assets such as Bitcoin and other cryptocurrencies as a matter of national security (archive.is)
posted 4 years ago by onetruephilosoraptor 4 years ago by onetruephilosoraptor +32 / -0
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▲ 19 ▼
– FrostedCricketFlakes 19 points 4 years ago +19 / -0

Printing trillions not a matter of national security. Massive delays to accepting freight ships not a matter of national security. Election fraud not a matter of national security. Multiple proven instances of corruption, including that presently occurring with China, not a matter of national security.

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▲ 5 ▼
– Bahariye 5 points 4 years ago +5 / -0

Open borders and releasing prisoners. Not a matter of national security.

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▲ 14 ▼
– Canuckistani_Refugee 14 points 4 years ago +14 / -0

The goal is to outlaw decentralized digital assets while countries begin implementing their own digital currency.

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▲ 11 ▼
– onetruephilosoraptor [S] 11 points 4 years ago +11 / -0

How will all the crypto bros react to these new regulations?

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▲ 11 ▼
– deleted 11 points 4 years ago +11 / -0
▲ 9 ▼
– RaisingPhoenix 9 points 4 years ago +9 / -0

Honestly thats kinda just 1 facet of the problem. The chip shortage (last I checked, I could be wrong....but its also something that should take more than a year to fix), is the biggest offender. The miners only exacerbate the issue

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▲ 2 ▼
– Eltrion 2 points 4 years ago +2 / -0

You say that, but the market price tracks better with crypto prices than any other indicator... Chip shortage certainly doesn't help but in terms of raw sales, GPUs are up. This is mostly a demand side problem.

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▲ 1 ▼
– LauriThorne 1 point 4 years ago +1 / -0

GPUs went from a pretty niche product for gaming and graphic design to a key component in multiple huge mining operations.

Of course there's shortages.

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▲ 1 ▼
– Decrixxx 1 point 4 years ago +1 / -0

ignore them. and keep going on.

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▲ 10 ▼
– Cup-a-Fart 10 points 4 years ago +10 / -0

Poop Pants and his executive orders, smdh. Enjoy the rollercoaster hodl, crypto bros. I’m gonna be over here stacking bottle caps like a mutha!

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▲ 5 ▼
– acp_k2win 5 points 4 years ago +5 / -0

reposted to Gab

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▲ 30 ▼
– deleted 30 points 4 years ago +30 / -0
▲ 9 ▼
– altmehere 9 points 4 years ago +9 / -0

Don't worry, it will become a limited federal republic again the moment another anti-establishment candidate takes office, just like it was last time.

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