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Steven Mnuchin's Crypto Press Conference

JasperL said:
Good, you've moved from straw men to...

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Huh? You said you made a point about regulation. What about bitcoin could they possibly regulate?
 
Beowulf said:
Huh? You said you made a point about regulation. What about bitcoin could they possibly regulate?
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Google is your friend if you're actually interested. I don't think you are, it appears you're just determined to troll and avoid addressing any points on the merits, but it's easy to find 100 articles about regulation/banning Bitcoin, and those fears have caused a number of steep drops in the price at several points in recent years.

E.g. Bitcoin price drops amid fears of a regulatory crackdown
 
JasperL said:
Google is your friend if you're actually interested. I don't think you are, it appears you're just determined to troll and avoid addressing any points on the merits, but it's easy to find 100 articles about regulation/banning Bitcoin, and those fears have caused a number of steep drops in the price at several points in recent years.

E.g. Bitcoin price drops amid fears of a regulatory crackdown
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But bitcoins don't exist. I've never seen any plan that explains how they can ban something that doesn't exist.
 
JasperL said:
Interesting analysis. Do you have a newsletter I can subscribe to for more original insights like that?
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lol, funny. it's not analysis. It's a simple statement of fact. Bitcoins don't exist.
 
Beowulf said:
lol, funny. it's not analysis. It's a simple statement of fact. Bitcoins don't exist.
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I'll really blow your mind. There is about $1.7 trillion in outstanding U.S. currency (bills, coins, etc., aka M1) but there is about $15 trillion in U.S. dollars (M2) outstanding! So over $13 trillion, $13 TRILLION, in USD does not exist!!! :eek:
 
JasperL said:
I'll really blow your mind. There is about $1.7 trillion in outstanding U.S. currency (bills, coins, etc., aka M1) but there is about $15 trillion in U.S. dollars (M2) outstanding! So over $13 trillion, $13 TRILLION, in USD does not exist!!! :eek:
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But that doesn’t mean that anyone can actually be found to be possessing a bitcoin
 
Beowulf said:
But that doesn’t mean that anyone can actually be found to be possessing a bitcoin
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If there's not a coin, does it exist? Is BTC even real, man? Does my savings account exist? It's just some numbers on a computer screen! I get paid by checks! There are no coins! What if it's....not really there and it's all a dream?
 
JasperL said:
If there's not a coin, does it exist? Is BTC even real, man? Does my savings account exist? It's just some numbers on a computer screen! I get paid by checks! There are no coins! What if it's....not really there and it's all a dream?
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Weird questions. But I'm just saying that no one could ever possibly be convicted of possessing a bitcoin.
 
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