Crypto Regulations INCOMING (This may be a GOOD thing in the long-term!) 😇📈⚖️📉💀
Announcements in several countries about incoming crypto regulations has caused a tailspin in prices across the board. For the top 20 cryptos, this is a temporary dip (and a good time to buy more). But for Shitcoins: it may signal their execution date, and that's a GOOD thing! ⚰️
FTX's 'FTT Token' is a classic example of a Shitcoin. A coin created out of thin air, with no work behind it and a unexplained price tag attributed to it, no limit on supply, a large pre-mine where insiders (like SBF) are given a hefty stash to spread across exchanges, pay journalists to write flattering articles about the Shitcoin, creating false excitement for the Shitcoin, and those major whales use their free stash as leverage to apply for bank loans, or trade for coins that actually have value behind them, or sell-off their Shitcoins via 'pump and dump' schemes when the price is high and they know it's downhill from there. These Shitcoins, and even credible alt-coins, are 'Unregistered Securities' and are technically ILLEGAL! They are like stock when a company goes public and has to open their books, but without any of the transparent disclosure behind it. They have a CEO, group or company running the show, creating new coins, controlling the price, and they can be threatened or bribed to change the code at anytime without announcement. This shit needs to stop.
There are over 19,000 alt-coins out there. 99% of them have no reason to exist other than to make their creators money by conning you out of yours.
₿itcoin is the only 'Commodity' in the cryptosphere. There was no pre-mine, every ₿itcoin was mined into existence through "Proof of Work", with no issuer behind it. The price of ₿itcoin is driven purely by market forces. No CEO, group or corporation controls ₿itcoin, the issuing of new ₿itcoins, price, quantity, or has any power to change ₿itcoin. ₿itcoin is a runaway train. The code is open source and gives full disclosure on how it works. ₿itcoin has little chance of being regulated because of this. There is NOTHING like ₿itcoin. All other cryptos are imitations and cheap copies of ₿itcoin. But, because of the fear of incoming regulation upon the crypto industry as a whole, the price of BTC has temporarily dipped 5% (again, a good time to buy).
The good thing about regulation is the much needed cleansing it will create as many Shitcoins die out. This will provide the security and transparency big business needs to see before investing in the industry. Expect the prices of the remaining coins to shoot up after the regulation smoke has cleared, the scattered riff raff lay dead, and investors jump in to buy up what's left standing.
Full Video by Coin Bureau: https://www.youtube.com/watch?v=mOadZGoiYEQ
To better understand why ₿itcoin IS NOT Crypto, please see the video below.
Michael Saylor: SBF & FTX and why ₿itcoin is NOT Crypto! 💡
https://www.bitchute.com/video/31GIsrT2ZbtJ/
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Bitcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j
Bitcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5
Bitcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC
Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV
Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS
Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773
Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e
VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b
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