BITCOIN Discussion..........

[raiders72001]

It doesn't do anyone any good here but I did give this out across the street RX at 9 cents on the 25th.

 

[raiders72001]

Same with the others.

 

[raiders72001]

SEC not not liking staking. They fined Kraken $30m. Coinbase is reporting that the SEC wants to ban "retail" staking for US citizens but keep it open to corporations.

 

[rolandcorts]

Financially, being a U.S. citizen is like being a N Korean

 

[Ace7550]

SEC not not liking staking. They fined Kraken $30m. Coinbase is reporting that the SEC wants to ban "retail" staking for US citizens but keep it open to corporations.

Is there an article about this?

 

[raiders72001]

Is there an article about this?

Bitcoin Drops Below $22K as Kraken Agreement to Close US Crypto Staking Operations Spooks Investors

The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service. Ether also declined.

www.coindesk.com

 

[raiders72001]

Today's update

Coinbase’s Staking Service Faces Questions After Kraken’s SEC Settlement

Though Coinbase’s (COIN) current revenue from staking is relatively small, there is potential for speedy growth if the U.S. Securities and Exchange Commission (SEC) doesn’t crack down on the service altogether.

www.coindesk.com

 

[raiders72001]

ADA and DeFi are safe. Other PoS including ETH could get targeted.

 

[rolandcorts]

raiders, how come there still aren't smart contracts for sports betting?

 

[raiders72001]

raiders, how come there still aren't smart contracts for sports betting?

I think grading, lines that may be off and other disputes make it really tough. Requires too much human intervention. That said, some day they'll figure it out.

 

[rolandcorts]

I think grading, lines that may be off and other disputes make it really tough. Requires too much human intervention. That said, some day they'll figure it out.

That's what I think too. But given how simple a sports bet is, how can anyone have any faith in smart contracts being used for ... anything... besides swapping shitcoins for shitcoins?

 

[raiders72001]

That's what I think too. But given how simple a sports bet is, how can anyone have any faith in smart contracts being used for ... anything... besides swapping shitcoins for shitcoins?

agree since smart contracts are just an if/then statement. It seems as if the record is kept on a blockchain, all of a sudden it's now called a smart contract. The nice thing is there's an immutable record. Smart contracts are good for things such as buying and selling NFTs since we must know unique ownership.

 

[Pimike]

Ada get some boys

 

[JDS]

Ada get some boys

CARDONO !!! LFG

 

[rolandcorts]

agree since smart contracts are just an if/then statement. It seems as if the record is kept on a blockchain, all of a sudden it's now called a smart contract. The nice thing is there's an immutable record. Smart contracts are good for things such as buying and selling NFTs since we must know unique ownership.

Doesnt that imply coins associated with smart contracts are probably worth a lot less than the hype, assuming we're correct that smart contracts can't handle any trade that is even a little complex? Ive been wanting to make such a contrarian wager for years and it seems shorting ETH is the best option. Yet, you like ETH. Curious your thoughts

 

[Pimike]

CARDONO !!! LFG

As long as it booms we can spell it any old way.

lol

 

[homie1975]

CARDONO !!! LFG

CARDANO, Mate

LOL

 

[JDS]

CARDANO, Mate

LOL

I did that on purpose, you clearly missed the joke from the previous page lol.

 

[JDS]

homie1975 this is your thread pal.

 

[Pimike]

I’m tempted to pull my 1 bitcoin and put it all on ADA?

raiders what do you think about that?