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Owner @James · 1739 posts · 2 joined · Status active · Posting permission: Every logged-in user can post
Bought a shit ton of Litecoin at $100. It's now at $40. I'm down 60%. Need it to go up 150% to even break the fuck even. I'm down so much. Is there any hope? So depressing. submitted by /u/Prestigious_Way_738 [link] [Kommentare]
Another domino just fell. Traditional finance isn't fighting crypto anymore, it's building around it. When firms like Schwab enter the market, it adds another layer of accessibility and legitimacy. Whether you're bullish or bearish, adoption is accelerating. submitted by /u/SooperYuk [link] [Kommentare]
Everyone keeps talking about the "Clarity Act," but it's actually the Digital Asset Market Clarity Act (H.R. 3633) in full. I'll refer to it as the Clarity Act for short... Clarity Act aims to untangle the regulatory mess we have right now, where way too many different agencies keep tripping over each other trying to police and regulate cryptocurrency. So far, the bill cleared the House and then the Senate Banking Committee. Now, it's just sitting around waiting on a full vote from the Senate... SEC vs. CFTC: Right now, cryptocurrency companies don't know which agency's rules to follow. Clarity Act gives CFTC control over spot markets and digital commodities, while SEC handles only digital asset securities. Commodity vs Security: How do they actually decide what's a commodity and what's a security? Per Clarity Act, a token counts as a commodity if its network is open-source and transparent, and no single entity holds more than 20% of the voting power or token supply. Fail that test and it's a security. Ancillary Assets: These are investment contract tokens that don't actually give you any corporate ownership. Congress is essentially grandfathering major cryptocurrency like Bitcoin, Ethereum, and XRP, as permanent digital commodities. Protect Retail (YOU and ME): To protect everyday retail investors like you ands me, the Clarity Act forces exchanges to keep customer funds completely separate from their own corporate money. So, if an exchange goes under, they can’t legally lock up your tokens to bail out their own corporate debts. Pretty much to prevent events like the FTX collapse... Stablecoins and Money Laundering: Brokers and centralized exchanges will have to strictly follow standard anti-money laundering (AML) and counter-terrorism funding rules through standards like KYC checks to keep hackers out. I honestly don't know how non-KYC DEX will work if the Clarity Act is passed, well in the USA at least. They are also slapping a cap on stablecoin yields to stop catastrophic de-pegging disasters like the Terra-Luna crash... There's still debate about the Clarity Act though. Folks are pushing for an amendment that bans federal politicians such as the President from launching or hyping up tokens for personal profit. I am 100% for this, not just for digital assets but also for stocks etc... Obviously, the current President isn't a fan of that clause, especially since his family has made an insane amount of money off crypto during his term through ventures like *COUGH* World Liberty Financial *COUGH*. On top of that, CFTC is way too small and underfunded compared to the SEC to actually handle this much responsibility. Even though the bill technically has until December 31, 2026, to pass before it dies, the real deadline is much closer. If a bill doesn't manage to cross the finish line before Congress heads out for its August recess, it usually ends up getting abandoned. Prediction markets like Polymarket have tanked the odds of this passing this year down to 48% and continuing to decline. submitted by /u/bzzking [link] [Kommentare]
I wanted to make a private swap options comparison, as there are more of them these days. I'm also trying to pinpoint the speed of transaction of each one, so if you have any insights on that, please comment. Some say 2 minutes, but it's usually longer. submitted by /u/Vitoman1912 [link] [Kommentare]
It's obviously not the publicly traded company, but what exactly is this? Just a token that's intended to cause confusion? I was looking for the real company's stock on Coinbase and this was the only thing came up. submitted by /u/jpnoa [link] [Kommentare]
If the only global currency is BitCoin and all other currencies no longer exist .... How much will a two story house cost in BTC? You are not escaping the fiat system. You are just rebuilding it with a digital kill switch to your wealth that these same owners will use against you. Have a nice day. :) submitted by /u/InsightKnite [link] [Kommentare]
Escaping the fiat matrix requires mastering your own mind, ignoring the noise, and unlearning decades of economic conditioning. submitted by /u/sylsau [link] [Kommentare]
Hello everyone! I’d like to introduce Earnboard, a new platform where Web3 and crypto projects can launch rewarding campaigns that activate and reward their communities. Projects can create campaigns with a prize pool, define social and community tasks, review user submissions, track campaign points and leaderboards, and distribute rewards through five models, including raffles and proportional distributions. Projects can review submissions themselves or use Earnboard’s Managed Review service. The full campaign prize pool goes to the community. For users, Earnboard offers a place to discover projects, complete campaigns tasks, submit their posts, earn campaign points, build their Earnboard Points ranking, and receive rewards for the engagements they create for projects. We also provide Creator Guides and smaller Earnboard Tasks so users can learn about the platform and participate while waiting for project campaigns. Earnboard is still new and small, and we want to be transparent: we do not have active partner campaigns yet. We are currently looking for our first projects interested in launching rewarding campaigns. Meanwhile, users are welcome to register, explore the platform, complete Earnboard Tasks, and become familiar with how everything works. Projects can also use our automated demo environment to create a test campaign and experience the complete flow in approximately seven minutes, without real funds or real users. Earnboard also has a mascot called PEEP. Since PEEP became part of the platform’s identity, we decided to give him a contract address and turn him into a memecoin too. However, PEEP is an additional community element, not Earnboard’s primary product or objective. The platform’s main purpose remains providing reliable campaign and reward infrastructure for projects and their communities. We invite users, creators, community members, and Web3 projects to explore Earnboard and grow with us from the beginning. I don't want to break the rules here, so not posting links, but you can find us under the 'earnboard' username on X! Thanks! Thank you for giving us the space to introduce Earnboard. submitted by /u/cryptohiddengems [link] [Kommentare]
