Ron Sovereignty Swanson⚡️🗝️ / @RonSwanonson:
My first reservation about Strategy was that they said they’d “never sell Bitcoin” even if it was beneficial to them
I saw that as a business limitation and overall credit burden
My second reservation was that they’d never buy back preferred or common in situations that it would benefit them
Seems like that has been dealt with now. Lots more levers to pull now. Far more flexible business model
People who have never run a business won’t see this as the evolution it is. Will create even...
My first reservation about Strategy was that they said they’d “never sell Bitcoin” even if it was beneficial to them
I saw that as a business limitation and overall credit burden
My second reservation was that they’d never buy back preferred or common in situations that it would benefit them
Seems like that has been dealt with now. Lots more levers to pull now. Far more flexible business model
People who have never run a business won’t see this as the evolution it is. Will create even...
Today in Bitcoin History / @daily_btc_lore:
June 29, 2013 (13 years ago)
Mt. Gox Registers with FinCEN
Six weeks after DHS seized $2.9M from its US accounts, the exchange handling 70% of global Bitcoin volume finally filed the compliance paperwork it should have held before operating in the US. Brief thread... 🧵👇
June 29, 2013 (13 years ago)
Mt. Gox Registers with FinCEN
Six weeks after DHS seized $2.9M from its US accounts, the exchange handling 70% of global Bitcoin volume finally filed the compliance paperwork it should have held before operating in the US. Brief thread... 🧵👇
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 2/7 - In May 2013, the Department of Homeland Security seized $2.9 million from Dwolla accounts tied to Mutum Sigillum LLC, Mt. Gox's US subsidiary. The charge: operating as a money services business without registering with FinCEN, as required under federal law.
R to @daily_btc_lore: 2/7 - In May 2013, the Department of Homeland Security seized $2.9 million from Dwolla accounts tied to Mutum Sigillum LLC, Mt. Gox's US subsidiary. The charge: operating as a money services business without registering with FinCEN, as required under federal law.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 3/7 - FinCEN had only issued its virtual currency guidance in March 2013, just eight weeks before the seizure. The rules were new, but they were clear: any business transmitting money in the US had to register. Mt. Gox had been operating for years. They had no excuse.
R to @daily_btc_lore: 3/7 - FinCEN had only issued its virtual currency guidance in March 2013, just eight weeks before the seizure. The rules were new, but they were clear: any business transmitting money in the US had to register. Mt. Gox had been operating for years. They had no excuse.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 4/7 - That registration isn't bureaucratic box-checking. It requires anti-money-laundering controls, suspicious activity reporting, and proper record-keeping. Mt. Gox had been handling millions in dollar flows with none of it in place.
R to @daily_btc_lore: 4/7 - That registration isn't bureaucratic box-checking. It requires anti-money-laundering controls, suspicious activity reporting, and proper record-keeping. Mt. Gox had been handling millions in dollar flows with none of it in place.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 5/7 - CEO Mark Karpeles filed the FinCEN registration on June 29, six weeks after the seizure. It was a compliance fig leaf. US banking partners weren't coming back. USD withdrawals that should take days were already stretching into weeks or months.
R to @daily_btc_lore: 5/7 - CEO Mark Karpeles filed the FinCEN registration on June 29, six weeks after the seizure. It was a compliance fig leaf. US banking partners weren't coming back. USD withdrawals that should take days were already stretching into weeks or months.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 6/7 - The timing was painfully ironic. Bitcoin was entering its historic 2013 bull run, from $100 in April toward $1,000 by November. Mt. Gox was at the center of that market, but its back office was quietly collapsing under the weight of its own negligence.
R to @daily_btc_lore: 6/7 - The timing was painfully ironic. Bitcoin was entering its historic 2013 bull run, from $100 in April toward $1,000 by November. Mt. Gox was at the center of that market, but its back office was quietly collapsing under the weight of its own negligence.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 7/7 - Eight months later, in February 2014, Mt. Gox suspended all trading and filed for bankruptcy. 850,000 BTC gone. The FinCEN filing was the clearest signal of what was coming: a company in full regulatory crisis, papering over a structural collapse.
R to @daily_btc_lore: 7/7 - Eight months later, in February 2014, Mt. Gox suspended all trading and filed for bankruptcy. 850,000 BTC gone. The FinCEN filing was the clearest signal of what was coming: a company in full regulatory crisis, papering over a structural collapse.
Olavo de Carvalho:
O erro da ciência política moderna| Olavo de Carvalho
O erro da ciência política moderna| Olavo de Carvalho
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O erro da ciência política moderna| Olavo de Carvalho
🦅 Assine o COF: https://encurtador.com.br/Xa5Du
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Nesta aula, Olavo de Carvalho desmonta interpretações equivocadas sobre René Guénon, critica a obsessão moderna por modelos ideais de…
📖 Livraria do Seminário: https://livraria.seminariodefilosofia.org
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Nesta aula, Olavo de Carvalho desmonta interpretações equivocadas sobre René Guénon, critica a obsessão moderna por modelos ideais de…
Bitcoin - sachlich und fundiert erklärt. Tools, Informationen, Vergleiche und mehr. - blocktrainer.de
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Blocktrainer - Bitcoin Bildung & News
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