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» canadian gubmint now freezing/blacklisting crypto wallets of "truckers"
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post 1656355693 02-17-2022, 09:28 AM
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#31
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Originally Posted By ninetynine8
these are obviously centralized exchanges

you guys don't even know anything about crypto and it shows lol
His point is it is being sold as a way to circumnavigate governmental regulations and restrictions, and this proves that isn't true.
A million miles away - I don't.. feel.... anything.
http://www.youtube.com/watch?v=PXGZu4yxjW0
post 1656355713 02-17-2022, 09:28 AM
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#32
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shouldve used a decentraized exchange

for example Crypto.com, Kraken, and Coinbase arent decentralized. yet the most popular exchanges in the US, and CAN
HTC is too skinny for me. Fat Girls only crew. serious
Chubby Chaser and Fat Girls Only crew Founder
post 1656355723 02-17-2022, 09:29 AM
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#33
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Post deleted by user
post 1656355733 02-17-2022, 09:29 AM
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#34
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Exchange accounts =/= crypto wallet.
#
post 1656355873 02-17-2022, 09:30 AM
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#35
  1. xxAchillesxx
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Originally Posted By soaponarope1
But I thought privacy and low transaction costs were the reason to use crypto"currency"?

Transfer it around all you want, it's traceable and no different for the feds than when you transfer money to 843 different bank accounts owned by random people to try and hide it.
Privacy in what sense? All transactions are recording on the blockchain ledger and cannot be reversed or changed and remain there forever. It's part of it's safety features. As for a decentralized wallet, I can open one up in 30 seconds and transfer crypto assets to it and trade all day long. And there is literally nothing tying it to "me" other than I know it's seed phrase.
"The dildo of consequences rarely arrives lubed."

See OptimusTrajan' sig
post 1656355903 02-17-2022, 09:31 AM
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#36
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Originally Posted By ymer
When did I say they could freeze cold storage? You mumbled (like a retard) that your crypto is safe as cold storage, how does that address the issue that government can block your addresses from exchanges so you don't exchange it for "real" money?

And now you're just mumbling (again, like a retard) how crypto is so awesome but still can't address the issue that the truckers are facing over with chitcoin.
You're right man. You win. I'm wrong. Going to sell off all my coins now. Thanks for educating me on the industry.

Crypto is so worthless and coincels are "retards". No utility. Gonna just stick to my savings account generating .000001% interest.
post 1656356053 02-17-2022, 09:33 AM
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#37
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Post deleted by user
post 1656356093 02-17-2022, 09:33 AM
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#38
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Originally Posted By truesteez
You're right man. You win. I'm wrong. Going to sell off all my coins now. Thanks for educating me on the industry.

Crypto is so worthless and coincels are "retards". No utility. Gonna just stick to my savings account generating .000001% interest.
It's hard trying to have a legitimate discussion/argument with real talking points when one side knows little to nothing about how the subject matter works. If you understand how it works and have real concerns and don't like it, then awesome, that's a solid discussion and everyone is entitled to their opinion. But some of the arguments in this thread are not only ignorant but 100% incorrect. The misc is being extra fuking autistic today... Jesus.
"The dildo of consequences rarely arrives lubed."

See OptimusTrajan' sig
post 1656356163 02-17-2022, 09:34 AM
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#39
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Originally Posted By ymer
Still can't explain how to exchange your imaginary "coins" for goods without going to an exchange that the government can shutdown with a phone call?
I transfer my crypto from my defi wallet to a different one on a centralized exchange and cash out...
"The dildo of consequences rarely arrives lubed."

See OptimusTrajan' sig
post 1656356203 02-17-2022, 09:35 AM
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#40
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Originally Posted By xxAchillesxx
It's hard trying to have a legitimate discussion/argument with real talking points when one side knows little to nothing about how the subject matter works. If you understand how it works and have real concerns and don't like it, then awesome, that's a solid discussion and everyone is entitled to their opinion. But some of the arguments in this thread are not only ignorant but 100% incorrect. The misc is being extra fuking autistic today... Jesus.
exactly. People are stuck in their ways and don't want to embrace the future.

People behaved the same way in the 90's when the internet was becoming popular.
post 1656356283 02-17-2022, 09:36 AM
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#41
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Originally Posted By truesteez
exactly. People are stuck in their ways and don't want to embrace the future.

People behaved the same way in the 90's when the internet was becoming popular.
comparing the internet with chitcoin now lmao.
post 1656356413 02-17-2022, 09:37 AM
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#42
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Originally Posted By ymer
Still can't explain how to exchange your imaginary "coins" for goods without going to an exchange that the government can shutdown with a phone call?
You need to educate yourself and then come back with questions. You're clearly ignorant on the topic. There's no shame in that but you have no idea what you're talking about and it's evident through your questions and projections.
post 1656356493 02-17-2022, 09:38 AM
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#43
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Originally Posted By messomi
comparing the internet with chitcoin lmao.
that's right boyo.

post 1656356613 02-17-2022, 09:41 AM
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#44
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Originally Posted By ymer
Still can't explain how to exchange your imaginary "coins" for goods without going to an exchange that the government can shutdown with a phone call?
Ok boomer. There are plenty of crypto merchant services emerging, there just isn't wide adoption yet. Your statement is like saying that people will never buy products from online stores instead of using a catalog...
#
post 1656356643 02-17-2022, 09:41 AM
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#45
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post 1656356833 02-17-2022, 09:43 AM
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#46
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post 1656356883 02-17-2022, 09:45 AM
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#47
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Originally Posted By ymer
-The blockchain is public and updated in real time.
-Gummit already knows where the funds are.
-You move the money from blacklisted wallet to a new clean wallet. Takes at least 6 confirmations for exchange to acknowledge your funds.
-6 Confirmations is around 60 minutes, and the government knows if the funds have moved with the first confirmation, or within 10 minutes.
-Since government knows about the transaction before the exchange clears your "deposit", they can blacklist the new address from the exchanges with a phone call.

Do you even know how chitcoin works?
Nope apparently not. Thank you for schooling me though.
"The dildo of consequences rarely arrives lubed."

See OptimusTrajan' sig
post 1656356943 02-17-2022, 09:46 AM
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#48
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Post deleted by user
post 1656357223 02-17-2022, 09:51 AM
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#49
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Originally Posted By ymer
-The blockchain is public and updated in real time.
-Gummit already knows where the funds are.
-You move the money from blacklisted wallet to a new clean wallet. Takes at least 6 confirmations for exchange to acknowledge your funds.
-6 Confirmations is around 60 minutes, and the government knows if the funds have moved with the first confirmation, or within 10 minutes.
-Since government knows about the transaction before the exchange clears your "deposit", they can blacklist the new address from the exchanges with a phone call.

Do you even know how chitcoin works?




inb4 muh crypto wallet
post 1656357303 02-17-2022, 09:53 AM
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#50
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Originally Posted By xxAchillesxx
I transfer my crypto from my defi wallet to a different one on a centralized exchange and cash out...
ngl you sound like a criminal when you talk like this
see sig
post 1656357583 02-17-2022, 09:59 AM
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#51
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Originally Posted By PowerPal
ngl you sound like a criminal when you talk like this
Which is why criminals like crypto. And also why I believe it does need to be regulated to some degree (i.e. to help against scams, rugs, chit tier contracts, etc. that make newbies and vets alike lose money). I love the idea of crypto, but some spaces (like the BSC space) are basically the wild west. When it's completely unregulated, true human nature comes out. And humans as a whole are a disgusting unethical virus.

I used to hate crypto and thought it was retarded. Then I figured I'd give it a try because hey, I still think it's retarded but if I can make money off it then who am I to judge. Then I dove heavy into research and understanding how the blockchain and different contracts work, and how these technologies can be applied to real world situations and problems, and I got more intrigued and understanding.
"The dildo of consequences rarely arrives lubed."

See OptimusTrajan' sig
post 1656364023 02-17-2022, 12:01 PM
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#52
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bump
post 1656372373 02-17-2022, 02:14 PM
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#53
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Is this how it went- Canadian patriots tried to pull their money out of banks, because the tyrannical govt-corp alliance was freezing funds of truckers/supporters, so the banks had blackouts? And then they seized/froze crypto too? Is that correct?
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