Donald Trump picks crypto-friendly as his VP

Discussion in 'Crypto Assets' started by schizo, Jul 15, 2024.

  1. Baron

    Baron ET Founder

    LOL. Zelle can't even be used to transfer money outside the country. Nor can it be used to transfer more than $20k in a month. It's basically useless for business.
     
    #31     Jul 16, 2024
    jbusse and johnarb like this.
  2. SunTrader

    SunTrader

    Could be. TWT

    Rubio I believe was the best of the bunch (of bananas). He'd have to move out of state, so what.

    Younger than others, and a Latino and although a brown-noser R, not a full-on MAGA loon.

    And if it turns out Harris is P, not VP choice he would neutralize some of her minority status.

    + + +

    But U.S. doesn't want to be left behind in crypto movement that is why they haven't tried to shut it down. Snowball rolling down hill.
     
    #32     Jul 16, 2024
  3. RedDuke

    RedDuke

    That is your lack of knowledge how crypto market operates. it is all about USDT, remove it, allow crypto to be traded in real money, and price would plummet. Fake money has no fear.
     
    #33     Jul 16, 2024
  4. RedDuke

    RedDuke

    I send a free wire from my mobile to Ukraine and it arrive within an hour tops. I used Zelle as example. There are tons of others. Crypto so far did not solve a single problem apart from helping criminals and wasting tons of energy.
     
    #34     Jul 16, 2024
  5. RedDuke

    RedDuke

    There is nothing wrong with Crypto or blockchain. In fact they are great ideas. What is wrong is what was done to create fake value. US, EU and China governments needs to shut down anyone who issues fake money aka stable coins and let real market determine its price just like any other asset on the face of this planet. No other market allows assets to be traded in currency created by 4 shady guys with no oversight or audit.
     
    #35     Jul 16, 2024
    orbit23 likes this.
  6. johnarb

    johnarb

    Impressive, but light on the details, how much value, fiat denomination source and destination and country source and destination?

    tons?, oh this is good

    Please name one of those within 1 hour transfer and how much transaction fee with "free wire" being best

    • source US (San Francisco) destination South Korea, Seoul $11K worth,
    • source Toronto destination US (New York) $11k worth
     
    #36     Jul 16, 2024
    jbusse likes this.
  7. Tether wasn't even created until 2014 when bitcoin had already gone .05 cents to over 1k....and I don't know maybe everyone would just continue using USDC instead?

    Somebodies clearly been drinking the cool-aid... :)

    https://www.vocabulary.com/dictionary/nationalism#:~:text=Nationalism is the belief that your country is superior, without,the rest of the world.
     
    #37     Jul 16, 2024
  8. RedDuke

    RedDuke

    The largest wire I sent from US to Ukraine was around 5k. It was in USD. No transaction fee on sending end And they receive full amount less few dollars.

    my point is that current system does everything that crypto claims to solve. Give me one example of what crypto invented?
     
    #38     Jul 16, 2024
  9. RedDuke

    RedDuke

    #39     Jul 16, 2024
  10. Really? According to the bitcoin cycle repeat chart it looks like a pretty steady climb since its launch. I won't assume you understand technical analysis but lack of it would explain your confusion on the subject.

    upload_2024-7-16_10-4-22.png
     
    #40     Jul 16, 2024