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10 sats \ 0 replies \ @mf 10 Feb 2023
Staking = Ponzi
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0 sats \ 2 replies \ @TheL0wner 10 Feb 2023
the kraken case wasn't so much about staking as it was the way they did it. a lack of user control and transparency with a healthy dose of profiteering.
staking will remain legal, it's how banks will control the system.
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10 sats \ 1 reply \ @dennai OP 10 Feb 2023 freebie
Agreed but many of these exchanges have clearly been running things pretty loosely as we can see by the daily headlines, so I worry other exchanges may suffer the same fate. What banks do you speak of? Fiat banks or crypto banks?
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0 sats \ 0 replies \ @TheL0wner 10 Feb 2023
banks are banks, they function on debt and monetary control, they're all the enemy.
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0 sats \ 4 replies \ @DarthCoin 10 Feb 2023
define "illegal"
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82 sats \ 3 replies \ @dennai OP 10 Feb 2023 freebie
if the SEC continues to target exchanges that allow staking and fine and penalize those exchanges in the United States, the exchanges will stop allowing it, and then staking will essentially become illegal (US Citizens are unable to do it) unless they use offshore services to accomplish such activities.
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0 sats \ 2 replies \ @DarthCoin 10 Feb 2023
Do you really know what means "citizen"?
Why are you consider yourself a shitizen?
We already put in circulation 90% of all BTC... eanough to start a Bitcoin circular economy. Why is so hard to earn, spend and hold in BTC?
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82 sats \ 1 reply \ @dennai OP 10 Feb 2023 freebie
Not all people are into BTC for the same reasons. I hodl for my own reasons but there are reasons for other currencies (crypto and fiat) and they all have their place in the world. I suspect one day BTC will hold the largest share of it all.
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0 sats \ 0 replies \ @DarthCoin 10 Feb 2023
There's ONLY ONE REASON to be in Bitcoin: FREEDOM.
If you are for other obscure intentions, you are on the wrong path. You have no idea what really is Bitcoin.
Pure and simple truth.
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