Is it over?

cryptobriefing.com/central-banks-recommended-ban-stablecoins/

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Other urls found in this thread:

m.youtube.com/watch?v=jfx7PnMtCeY
cryptobriefing.com/central-banks-recommended-ban-stablecoins/
twitter.com/SFWRedditGifs

all compliant crypto will eventually die out
KYC = KYS
privacy coins all the way

Wut do with my stacks if eth/chain/xrp/btc?

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suter, monero, keep the eth it'll be fine with suter

It's just beginning. See you on the other side.

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>regulated
tether been printing money like crazy(+70% since the beginning of year) just to keep btc afloat, if this go through and usdt exposed(it isn't backed by shit) and get viral, expect a historic btc dump and a crypto market depression

Fucking niggers, this is super bearish.

sauce or GTFO

>he doesn’t know
m.youtube.com/watch?v=jfx7PnMtCeY

this in the last day alone, that's why btc pumped from 6.6 to 6.9k
that's not all you can check whale alert or usdt contract they have been printing million daily for months, and it's not only usdt you have also busd husd ..

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an other 120 million minted 2 day ago

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Fuck the banks. UND will make them all moan and plead for support. Buy Unification before main net.

a week ago , and i am not counting the small amount (10 ~30 million)

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What does this mean to a brainlet linkie

buy
XMR, Zcoin, Ghost

check bottom left corner for date and go check the supply now
>they printed over 1 billion in less than a month

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It's an overhyped article title. They had like 10 recommendations from their analysis, one of which was outright banning then if they cannot be properly regulated. That's like worst case scenario and probably wouldn't happen

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Im gonna wake up to $1k bitcone

Fake news

the problem is they can't regulate usdt since it isn't backed by anything, they just printed billion out of thin air , and once that exposed it will send shockwaves since everything is tied to usdt

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Would be bullish af if true...imagine if you couldn’t tether...it’s either you’re in or you’re out

FUCK STABLECOINS

that will always exist stable coin, it's just gonna have to be backed 1:1, it's just tether printing billion of dollar out of the thin air, usdc could take over since coinbase is more regulated and ensured

yeah imagine having to pay ((taxt))
meaning BTC prices for products will always be higher
but of course BTC is not a currency it is a hodl meme

it's just fcking chink coin usdt that's abusing the lack of regulation, stable coin as an idea make everything easier(not having to deal with banks to hedge against btc)

this is during a financial crisis. How do you know people aren't attempting to park assets in USDT over their native currency for whatever reason (can't get actual dollars, potentially purchase btc, etc)

As a filthy third worlder this is what I've been doing the past 2 months. My local currency is at all time low so although it has worked out for me, I can see how central banks would be concerned at this loophole

>people park asset
yeah (((people))) are the one buying 1.8 billion in one month during a financial crisis, because you know it's not like crypto can go down 50% in a day

also check this , you can literally see the corallation between tether printing and btc movement, a few hour ago tether printed 120 usdt, send some to binance than btc went from 6.6k to 6.9 k

also the tether printing started before this corona virus crisis

>cryptobriefing.com/central-banks-recommended-ban-stablecoins/
The reliance of the crypto market on stablecoins has been widely overhyped.
Sure this will fuel another 50% crash or so, but it will recover.
Nothing can stop what is coming.

1.8 billion is nothing. It's literally 1% of Bezos net worth.
1 single BTC early adopter owns more money than that. I'm sorry you are poor.