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discuss Bitcoin & Crypto Currency Update! What Does This Mean?

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Silentptnr

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I just got this memo regarding a meeting tomorrow with the US Financial Services Commission...

"The Terrorism and Illicit Finance Subcommittee will hold a hearing entitled “Virtual Currency: Financial Innovation and National Security Implications” at 10 a.m. on Thursday, June 8, 2017, in Room 2128 of the Rayburn House Office Building.

This will be a one-panel hearing with the following witnesses: • Jerry Brito, Executive Director, Coin Center • Scott Dueweke, President, The Identity and Payments Association • Kathryn Haun, Lecturer, Stanford Law School • Jonathan Levin, Co-Founder, Chainalysis • Luke Wilson, Vice President, Business Development-Investigations, Elliptic.

This hearing will explore terrorists and illicit use of financial technology (FinTech), the national security implications of virtual currencies such as Bitcoin, and the use of “blockchain” technologies to record transactions and uncover illicit activities.

Witnesses will provide testimony about the exploitation of virtual currency by terrorists and transnational criminal groups, as well as provide risk assessments and policy considerations to mitigate illicit financing but not to impede the development of FinTech innovations."


I have attached a copy of the actual memo. What does this mean?
 

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  • TIF_Memo.pdf
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Dang!! I just reggd. CAPBITAL.COM for a bitcoin brand able
 
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They can see people with billions in cc but don't know who they are...

The ledgers don't show any names.
 
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Could be good for liquid domain names though. :)
 
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Thanks for this new. In fact I'm 50-50 on this. If they ban cryptos in the USA umm then Ripple will be KING at least in the USA .

As Ripple XRP is not minded and isn't decentralized like Bitcoin.

And it's favored and has formed partnerships with banks.

Doesn't get any better than this.

Perfect storm for crypto and no one even knows it!

You've got the Comey hearings tomorrow. And now this meeting you have mentioned?

Scenario: XRP only crypto allowed in USA. Post Comey hearings? big chance Trump impeached.

Mass panic in stock market.

Life Raft for savvy investors? Crypto. Which one?

Well if you are in the USA if this meeting mentioned by Silent ends up banning all mined cryptos?

The answer is Ripple.

Ripple is at .27 now. I'd wait till it goes to .20 then buy buy buy. And hold.

And keep an eye on USA crypto bans.

The only one standing will be the one the banks Love.

Imagine also if the only way any US resident can buy other cryptos will be the only crypto Uncle Sam trusts to have full transparency.


Dollars,bank,XRP(IN USA) >>Eth,BTC,Ltc(outside USA)????

Ripple!!!

Thanks Silent.

Btw

CasinoRipple
BetRipple
CasinoETH
BetXRP


All in King.
 
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Hey Silent. Any chance you can provide a link to that info you provided? Thanks in advance.
 
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Hey Silent. Any chance you can provide a link to that info you provided? Thanks in advance.
I attached the letter...driving right now.
 
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US will not ban crypto. If they do, people will just funnel their money to other countries. At least right now you pay capital gains tax on withdrawals to your bank. It's a winning situation to regulate crypto trade.
 
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US will not ban crypto. If they do, people will just funnel their money to other countries. At least right now you pay capital gains tax on withdrawals to your bank. It's a winning situation to regulate crypto trade.


lol. One can Dream! lol Thanks Keith!
 
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lol. One can Dream! lol Thanks Keith!
It's not a dream. The US will lose massive amounts of tax revenue if they don't regulate trade. It's going to be very easy to move crypto money in and out of the banking system. No point to not get a piece of the action. We're talking about a market in its infancy with a $100 billion cap already!
 
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Seen it.
But in thee end First is First.

Domainers know this. Dotcom is King because it was First.

Bitcoin was First but banks hate it. Too "dark" for them.

Ripple was first in bed with the Banks.
Ether will overtake btc no doubt. Boscoin, when released, could gain a real market share with lightning quick transaction times, amongst other goodies.
 
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Ether will overtake btc no doubt. Boscoin, when released, could gain a real market share with lightning quick transaction times, amongst other goodies.


ICO? is it mined? how fast? 4-10 secs like XRP? Ether? overtake? should have gotten some when it went down to $210 last week.:banghead::banghead::banghead::banghead:
 
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ICO? is it mined? how fast? 4-10 secs like XRP? Ether? overtake? should have gotten some when it went down to $210 last week.:banghead::banghead::banghead::banghead:
Boscoin ico is done. Raised the cap in 17 hours. Took longer because btc network was messed up. Will launch in October and run coins off of the platform like ether but way faster.

https://boscoin.io/en/home/
 
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No Bitcoin = No ransom virus attacks
 
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Hasn't Bitcoin been pretty much unusable/too expensive for small transactions for the past ~3weeks?
 
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I heard the big banks are looking at adopting the technology but to use it for real money transactions.
 
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Hasn't Bitcoin been pretty much unusable/too expensive for small transactions for the past ~3weeks?


hey I wanna buy an ounce of weed. how much will that be?

.00000000005 BTC? lol
 
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I heard the big banks are looking at adopting the technology but to use it for real money transactions.

it's too decentralized. how?
 
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not exactly sure, but I read an article when bitcoin first went mainstream on how banks were looking at using a chain system to transfer and move money around. The only thing holding them back is it being anonymous, but im sure they will figure that out some how
 
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