SEC's War On Crypto Heats Up With New Attack On Coinbase, After US Regulators Shut Crypto Banks
Libertarian99: The financial regulators like the "Securities and Exchange Commission" (SEC) and their chairman Gary Gensler (Connected to the FTX scam) are there to protect the BIG PLAYERS and not the little players. No different than the FDA & CDC in the health industry who really work for BIG PHARMA$$.
Nobody who owns BITCOIN or any crypto should ever leave it on a crypto exchange, especially a crypto exchange based in the USA like Coinbase. Bitcoin & Crypto should always be stored in a COLD STORAGE under your control where no government can touch it. Crypto Exchanges are only for TRADING purposes and then move those crypto assets out of the 3rd party exchange as soon as your trading business is done.
Even if you don't believe in Bitcoin (Decentralized digital money with an all time limit of 21 million coins EVER) or alternative crypto currencies they can be used to TRANSFER MONEY AROUND the world just like the US SWIFT SYSTEM so you can buy GOLD, SILVER and other assets with it while being OUTSIDE of the current banking system.
Since yesterdays announcement from the Federal Reserve that they are raising interest rates another .25%, bitcoin dipped down a bit temporarily but is back up today as they realize along with Gold/Silver investors that higher interest rates will not last without destroying the economy and believe that a FED PIVOT is coming sometime in the near future when the FED reverses course.
BITCOIN
https://bitcoinwisdom.io/markets/bitfinex/btcusd
GOLD- When GOLD breaks it 2020 high of $2,070oz it will be a HUGE BULLISH SIGNAL for traders that GOLD is going up much, much more with SILVER following.
https://www.kitco.com/charts/livegold.html
SILVER
https://www.kitco.com/charts/livesilver.html
Source: TIM TRUTH
https://rumble.com/v2edpro-secs-war-on-crypto-heats-up-with-new-attack-on-coinbase-after-us-regulators.html
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