Message from @Nothing
Discord ID: 529192049677959170
My kind of guy
Roberta Flack and the Flacktones... ah, yes....
There will never be another voice like that of Roberta Flack
@Coindup -> Stephan <- - Apparently he doesn't like fiat currency, seems he loves money as he's always creating alternative forms of it 😉
Yep... just screaming and cussing....
@Pamphlet Anon can start a Patriots Blockchain
@Nothing yeah but it belongs to the People
All this data can already be stored on our own blockchain
That's what LBRY.io is
@Coindup -> Stephan <- - Personally I feel like we're going to end up with FEDCoins plus blockchain tech in a lot of interesting places like EMR, Logistics etc.
Ripple is that
XRP
Long term, it will become part of the Mark of the Beast, probably along the lines of Distributivism as discussed in Zeitgeist
XRP wants to be a Fed coin, but what I mean is something run by central banks like SWIFT is now
on mars maybe
still long way to go but it is developing fast in other countries
here in the US it is forbidden fruit
They'll add Universal Basic Income to it soon enough
XRP is interesting
I can see it as an avenue for "can't buy or sell unless you have this"
Definitely.
How do you figure this. There is an EOS New York but US citizens were not allowed to part take in coin offering
@Coindup -> Stephan <- The only reason US residents can't participate is because they're ICOs which are designated as securities unless they're tied to a specific product/service. Basically if I can trade the coin in directly for something else of value that isn't cash, it's not a security... otherwise it's like an IPO and most cryptos don't want to register with the SEC
It is not money
You have gained a rank @Coindup -> Stephan <-, you just advanced to 11 . Thanks for all you do Patriot!
It's an attempt at regulating them so they can be traded on the stock market in due course. Launching bitcoin futures on the Chicago exchange is probably why Bitcoin tanked; the big players of the financial world are shorting that
collectibles
In US law, a cryptocurrency is either a virtual currency which needs to be exchanged as a good, or it's a speculative investment (security)
Collectibles are speculative investments.
They're not going to designate crypto as paintings or sculptures; it's more like stock than stamps.
Like your patriot coin example, if Pam did a crypto that you could trade in for merch, that'd be perfectly legal in the US.
It's just a pre-sale token, a "coupon" of sorts at that point. Most cryptos aren't tied to anything else of value, except maybe other cryptos.
