Justice Dept. says it will pull back on litigating cryptocurrency fraud

[rambot]

Give it any name you wish, but it's still money.

IF you think it's money, someone will find a way to take actual money from you. At least they are going to continue to try to.
Perhaps you are clever and informed enough to know better.

Many people are not.

They will get hurt.


What should their recompense be when they get hoodwinked?

 

[Laodicean60]

They will get hurt.


What should their recompense be when they get hoodwinked?

This why I always say read about it. This old dummy was too arrogant and jumped into crypto after a couple of podcasts and ended up losing it because I sent it to the wrong wallet address. It's a little complicated, but my smartphone is complicated at times.

IF you think it's money, someone will find a way to take actual money from you.

I always feel the government takes a lot.

 

[Aryeh Jay]

Are you talking about the US Dollar, currency?

What Is Money?​

Money is any item or medium of exchange that symbolizes perceived value. As a result, it is accepted by people for the payment of goods and services, as well as for the repayment of loans. Economies rely on money to facilitate transactions and to power financial growth. Typically, it is economists who define money, where it comes from, and what it's worth. Here are the multifaceted characteristics of money.

Key Takeaways​

• Money is a medium of exchange. It allows people and businesses to obtain what they need to live and thrive.
• Bartering was one way that people exchanged goods for other goods before money was created.
• Like gold and other precious metals, money has worth because it represents something valuable.
• Fiat money is government-issued currency that is not backed by a physical commodity but by the stability of the issuing government.
• Above all, money is a unit of account - a socially accepted standard unit with which things are priced.

Precious metal also Hans. But it wouldn't be a bad idea to buy a 1/4 gram when you have the spare change. Store of value for hard times, just saying.

Been doing that.

I like the older stuff.

 

[rambot]

This why I always say read about it. This old dummy was too arrogant and jumped into crypto after a couple of podcasts and ended up losing it because I sent it to the wrong wallet address. It's a little complicated, but my smartphone is complicated at times.

Oh, I'm not getting involved in that shady nonsense.
I realize all this fleecing is probably not even illegal. But fact is that a lot of Americans think they are or DESERVE to be richer than they are (I believe the phrase I heard was "delayed millionaires"). Desperation makes folks pretty dumb.

I always feel the government takes a lot.

And all you get are
1) Roads
2) Social Supports
3) Social structure
4) Leadership
5) Infrastructure access
6) Libraries
7) Police Services
8) Justice Services
9) etc.

At least if the government "takes" it, you get something in return. When Trump's family fleeces folks from their money, what do those people get from it?

 

[Aryeh Jay]

At least if the government "takes" it, you get something in return. When Trump's family fleeces folks from their money, what do those people get from it?

You get that warm feeling that the Libs got owned.

 

[Laodicean60]

Oh, I'm not getting involved in that shady nonsense.
I realize all this fleecing is probably not even illegal. But fact is that a lot of Americans think they are or DESERVE to be richer than they are (I believe the phrase I heard was "delayed millionaires"). Desperation makes folks pretty dumb.

And all you get are
1) Roads
2) Social Supports
3) Social structure
4) Leadership
5) Infrastructure access
6) Libraries
7) Police Services
8) Justice Services
9) etc.

At least if the government "takes" it, you get something in return. When Trump's family fleeces folks from their money, what do those people get from it?

Shady nonsense comes from ignorance because I don't believe Blackrock et al.. think it's shadey. (1) If you look at I-10 in my area, you'll wonder, (2)&(3) social anything looking homelessness in the country. (9) is the big one; we don't know where the money goes.

What I've noticed with the lower income is that their acts of desperation is buying lottery tickets.

You get that warm feeling that the Libs got owned.

I didn't get that, but I'm sure many got this. How did you feel after being owned?

 

[Aryeh Jay]

I didn't get that, but I'm sure many got this. How did you feel after being owned?

I normally don't have feelings anymore but I'm an old school Goldwater Republican so I get owned a lot by both wings of the Democrats, the Pelosi Liberal wing and the Trump claim to be Republican Democrats.

 

[rambot]

Shady nonsense comes from ignorance because I don't believe Blackrock et al.. think it's shadey.

For being in its infancy, it sure has a lot of scam artists though. Hawk Tua didn't come out of a vaccuum and she is FAAAAAAAAAR from the only instance.

(1) If you look at I-10 in my area, you'll wonder, (2)&(3) social anything looking homelessness in the country. (9) is the big one; we don't know where the money goes.

Here is the point. You GET stuff from it. If you think you are getting insufficient support from it, then you PETITION the government TO DO THEIR JOB with your tax dollars. OF course, your government is taking away the tax dollars you pay for ALL of those things so if you thought it was bad before, how do you expect it to get better?

What I've noticed with the lower income is that their acts of desperation is buying lottery tickets.

No. That's not "Desperation". Desperation is when they start stealing food.

Buying a lottery ticket is their escape to a fantasy where they don't have to steal food.

 

[Laodicean60]

For being in its infancy, it sure has a lot of scam artists though.

You may not know this, but so did the internet when it first came out.

PETITION the government TO DO THEIR JOB with your tax dollars.

The only way for anything meaningful to happen is if both parties can come together on one issue and push it forward, not all this backbitting for several years.

No. That's not "Desperation". Desperation is when they start stealing food.

But it's not desperation to buy a stable coin either; it's a desire to get rich quick, just like the lottery.

 

[rambot]

You may not know this, but so did the internet when it first came out.

Still does. That's MY point.

The only way for anything meaningful to happen is if both parties can come together on one issue and push it forward, not all this backbitting for several years.

I'd argue pretty much the same thing: KNEE jerk voting against legislation that would improve infrastructure etc...is childish and doesn't help America.

Which party had been doing THAT for the last 4 years? And I'm SERIOUSLY hoping this adminstration toses more money at your infrastructure; as you know, you still need it.

But it's not desperation to buy a stable coin either; it's a desire to get rich quick, just like the lottery.

I don't think I said it was desperate to get involved in crypto, did I?

 

[Laodicean60]

Which party had been doing THAT for the last 4 years?

Now it's your guys' turn, Right? Why blame one party when both do it?

I don't think I said it was desperate to get involved in crypto, did I?

Oh, I'm not getting involved in that shady nonsense.
I realize all this fleecing is probably not even illegal. But fact is that a lot of Americans think they are or DESERVE to be richer than they are (I believe the phrase I heard was "delayed millionaires"). Desperation makes folks pretty dumb.

Well, we were talking about crypto when I said Read about it. Out.

 

[rambot]

Now it's your guys' turn, Right? Why blame one party when both do it?

Whoa whoa whoa. As SOON as they do it, THEN you can blame us for it. I havent' seen an infrastructure bill get voted down by Dems yet though.