BITCOIN as an alternative to regular currency

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Euler
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Location: Bet Angel HQ

Current AML standards are stifling but completely pointless when Bitcoin exists. It's a farce.
Michael5482
Posts: 1645
Joined: Fri Jan 14, 2022 8:11 pm

Euler wrote:
Fri Dec 06, 2024 11:46 am
Current AML standards are stifling but completely pointless when Bitcoin exists. It's a farce.
Just shows you how far behind Governments are behind criminals when it comes to money, our Government for example is till messing about with AML legislation in betting and property in suburbia while criminals are moving billions around the world in Crypto :lol:

I'd say criminals are always about 10 years ahead of legislation, when Government get around to Crypto they'll be on to something else, one thing can be said for criminals and money they run rings around Governments and have done for donkeys years.
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Euler
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Location: Bet Angel HQ

And so it shall pass
Michael5482
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Joined: Fri Jan 14, 2022 8:11 pm

Euler wrote:
Fri Dec 06, 2024 12:52 pm
And so it shall pass
Makes you wonder what would happen to Crypto if Governments pull their fingers out and seize illegal Crypto money probably end up the same value as the rouble.

I'll stick to trading and investing in company shares, Nuclear Energy and Space are my recent two new long-term investments I'll stick with them over Crypto.
Michael5482
Posts: 1645
Joined: Fri Jan 14, 2022 8:11 pm

Strange how I've came across two crypto currency articles in the same day maybe it's a sign to stay away from it :lol:

490million to 60 million in 20 minutes, looks like she's done em all up like kippers :lol: :lol: :lol:

https://www.bbc.co.uk/news/articles/c89xvjkzzyvo
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firlandsfarm
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Joined: Sat May 03, 2014 8:20 am

Michael5482 wrote:
Fri Dec 06, 2024 10:10 am
Imagine logging into an account to see you have 600 million of Bitcoin in it and can't access it

https://www.bbc.co.uk/news/articles/c77jx4d5748o
That is an old story, he's been banging away at it for years. I don't blame him but if he got access who would fund the cost of shifting through all the rubbish?
BFDon
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Joined: Fri Feb 09, 2018 5:56 pm

New highs and we now have an official Trump Coin
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