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US Regulators To Back More Oversight of Virtual Currencies (reuters.com)
Digital currencies such as bitcoin demand increased oversight and may require a new federal regulatory framework, the top U.S. markets regulators will tell lawmakers at a congressional hearing on Tuesday. From a report: Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), and Jay Clayton, chairman of the Securities and Exchange Commission (SEC), will provide testimony to the Senate Banking Committee amid growing global concerns over the risks virtual currencies pose to investors and the financial system. Giancarlo and Clayton will say a patchwork of rules for cryptocurrency exchanges may need to be reviewed in favour of a rationalised federal framework, according to prepared testimony published on Monday. Congressional sources told Reuters the hearing will largely be a fact-finding exercise focusing on the powers of the SEC and CFTC to oversee cryptocurrency exchanges, how the watchdogs can protect investors from volatility and fraud, and the risks posed by cyber criminals intent on stealing digital tokens.
Regulating virtual currency makes about as much sense as regulating Flooz Dollars.
Wow, that Bitcoin countdown is pretty impressive though...
Because it's soooo easy to buy and deal with Bitcoin currently...
I thought this administration was against regulation. Not for things that threaten traditional banking though I guess.
Honestly, did you think your little pet project was going to escape regulation?
Were you that naive?
Because the reality is, this stuff was always going to be regulated, despite the constant yowling of how it was going to be a currency free form government oversight and regulation.
If you believed otherwise, you're a damned fool. Your cryptocurrency was never magic, no matter what you chose to believe.
We'll get to see if it actually works in practice.
Rage!!!
Two things that are being looked at are:
1. the higher correlation between cryptocurrency fiat assets and "dirty" money (e.g. crime or terror related sources/uses); and
2. the lack of traceability of cryptocurrency allowing extra-national actors (primarily rogue states like NK, or banned individuals not permitted to participate in fiat exchanges, like Russian/Iranian/etc top execs/politicos) to participate even when supposedly excluded.
Both are risk factors.
Both tie in to the Tulip bubbles that pump up cryptocurrencies to artificial levels.
-- Tigger warning: This post may contain tiggers! --
*Now referred to as bespoke securities so as to skirt around market valuation requirements.
Have gnu, will travel.
If people really want to screw with regulators, then they should start investing in highly volatile real currencies. Turkish Lira, South African Real, Colombian Peso.
You get the same volatility, the same amssive gains and losses.
All the benefits of Cryptocurrencies, but with none of the legal-greyness.
>> X Regulators To Back More Oversight of Y
C'mon editors, this is "dog bites man". "Man bites dog" would be a regulator who wants a smaller kingdom.
The meeting will take place tomorrow and can be watched in its entirety then. I'll just wait and see what they say then. No more of "we are gonna do this....maybe" crap.
Flooz lasted from Feb 1999 to Aug 2001, and was so obscure 99% of the population has never heard of it. I myself barely remember hearing about it.
Crypto-currencies have existed for more than 9 years now, and see no sign of going away anytime soon. It's such a craze right now that I over hear completely non-technical people having conversations about it. People are mortgaging their homes to buy it, it's traded on the stock exchange, and Yahoo has a feed to display current prices.
It's definitely time for regulation. Congress might STILL not want to do it for years, but that's largely because congress is incredibly dysfunctional. You're right that the craze is going to end within the next year or two and fade into a more normal financial background, but crypto-currencies aren't going to go anywhere anytime soon, nor is the problem of fraud with crypto-currencies.
The Trump Administration is still a GOVERNMENT.
And it will therefore be against anything that even comes close to enabling tax evasion.
Remember - no matter where you live, if you don't pay your taxes your government will eventually send out the guys with guns to either toss your ass in jail or kill you.
Because all governments need those taxes - to use against you.
Sell?
Where's your Trump now, hm?
We'll get to see if it actually works in practice.
No, it won't.
Because the capability to ignore regulators also enables ignoring taxes.
And there has never been a government that's OK with that.
The Trump Recession is beginning. Expect a 10% - 20% loss in stock market value.
The clever money is pricing incompetence, impeachment, and treason into share prices.
It looks inevitable we are about to hit a recession. It's not really Trump's fault, a global recession is coming regardless. His policies may or may not be making it worse (the tax cut timing was poor... pushing the bubble to burst- rather than if delayed a year could have helped pick the economy back up).
Regardless, this global recession that's showing signs of starting now was going to happen anyway.
People are mortgaging their homes to buy it
No they aren't
"When life gives you lemons, don't make lemonade. Make life take the lemons back!" -- Cave Johnson
Congressional sources told Reuters the hearing will largely be a fact-finding exercise focusing on the powers of the SEC and CFTC to oversee cryptocurrency exchanges, how the watchdogs can protect investors from volatility and fraud, and the risks posed by cyber criminals intent on stealing digital tokens.
Translation: "We need to figure out how cryptos can't be a real choice vis-a-vis fiat money, because our pals in the 'financial system' need to keep control of your money and skim constantly off your money and have taxpayers pick up their horrible bets with our money. And if you a choice with money that might be a problem so we'll 'fix' that real fast."
Remember it will all be done for our 'safety' etc.
Not necessarily. It might be illegal to - say - buy BTC on a foreign exchange. That doesn't stop me from skirting one regulation while following the important ones (like taxes).
Strongly disagree about crypto being a "fad". But regulation is an extremely BAD idea at this point, because
(1) A major force behind the excitement for crypto is that "regulation" is flawwed and does more harm than good - that is the motivating force behind crypto AND the source of all the interest - Trust nobody, not even governments --- this is proven time and time again, despite peoples' best intentions ---- rules of the system are mathematical and determined by the consensus-based governance system, AND users knowing this voluntarily have the right to put their value or efforts into a system with particular regulations -- which is No regulations, except the cryptography.
(2) Regulation kill potential innovation; because the filling of unforseeable needs will be hindered. There's a chance the way you understand crypto right now causes regulations to be written such a way that stops crypto from throwing away what it is today and evolving and adapting to a completely new paradigm.
(3) This space is young and deserves a chance for technologists and researchers to learn through experiment --- regulators know next to zero about and future potential and technology ideas that have not been tried yet, and have zero business playing with regulations before they even understand that a persistent material problem exists AND they need to deal with it AND it's even THEIR job to deal with it.... the best ideas have likely not been expressed and experimented with yet, and may not come for decades. Don't assume that just because Bitcoin has issue X, that this issue is inherent to the exchange of cryptocurrency.
(4) Regulation moves too slowly, and regulators have no way of adapting as fast as changes in technology ---- they should be having years of collaboration with technologists before they learn enough to even begin to see what is sensible regarding regulation.
Yes they are.
Here in Europe, too: I actually know someone who tried to mortgage his home to buy bitcoin, but was fortunately talked out of it by the bank employee.
O, and then there's the famous bitcoin family who sold everything they own to buy bitcoin. They are living at a camp site.
All of those were in december, of course, right before the peak...
Over the pas 3 years, the USD -> Lira rate has changed ~66%. Highly volatile? Yes. Anywhere near the craziness that is Bitcoin? No way...
While everyone is running around calling it crypto-currency It's all just varying uses of a blockchain to validate a transaction or ownership while remaining anonymous and not requiring a central agency/server. I still don't fully understand it but almost every big player in web services (IBM, Microsoft, Amazon) is now offering blockchain services to track and verify inventory. Yes banks and those shadow governments that control everything behind the scenes detest the idea that some of their control is being wrested away so you can bet they will fight to either extinguish (unlikely) or control through legislation the use of the technology. But ultimately the way the tech works means legislators will be playing whack-o-mole as new blockchains are created faster than legislation can be written let alone voted into law.
"A person is smart. People are dumb, panicky dangerous animals and you know it." - K
learn through experiment
Fair enough, but meanwhile real people are losing real money in a market virtually nobody actually understands. That's precisely the time for regulators to at least try to understand the underlying mechanics of the trade. If hype is the only real commodity here, then regulation is appropriate.
If people really want to screw with regulators, then they should start investing in highly volatile real currencies. Turkish Lira, South African Real, Colombian Peso.
You get the same volatility, the same amssive gains and losses. All the benefits of Cryptocurrencies, but with none of the legal-greyness.
If you knew what you were talking about you wouldn't have goofed like that.
I'm a minority race. Save your vitriol for white people.
Crypto currencies have proven incredibly useful on the black market. They've been useful in facilitating the purchase of Drugs, Money Laundering, prostitution and all manner of illegal transactions. That stuff's not going away. Drugs and prostitution are likely to stay illegal and there's always room for money laundering. Ransomeware's still out there too. These things will continue to form a bedrock for the exchanges to run off of.
Now, if you could get drugs & prostitution legalized that would be a huge blow. Crack down on Ransomeware & money laundering and they bottom would drop out. But there's widespread support for all those things (debatable about money laundering I suppose) and nothing seem to be happening. There are other forces at play.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Ignoring regulators is one reason Bitcoin created. We'll get to see if it actually works in practice.
Bitcoin itself will not be regulated. Exchanges that convert between real currencies (USD, Euro, etc) and bitcoin will be regulated.
The transfer of bitcoins from one bitcoin account/address to another bitcoin account/address remains, by design, beyond government control. As is the decision by the recipient to give the sender a pizza or something. This is essentially a barter transaction, which is taxable so there is government involvement but not government control up front.
Now will people/merchants do their accounting in bitcoin, pay their suppliers in bitcoin, price things in bitcoin natively? Doubtful, these things will most certainly remain in real currencies for anything beyond publicity stunts. So the ability to easily convert between bitcoin and a real currency is essential to commerce involving bitcoin, so government can certainly interfere with bitcoin's use in commerce. However bitcoin is not really used in commerce, merchants who do accept bitcoins are generally doing all accounting and pricing in a real currency and provide a real-time conversion to bitcoin at the moment they provide a bitcoin payment address. Actually a 3rd party payment processor is likely to this, the merchant themselves will likely never see or touch a bitcoin. The payment process will convert from bitcoin to real currency and credit the merchant. Bitcoin is primarily used as a speculative investment vehicle, in past years mostly by nerdy true believers and in recent months by wall street speculators and general pubic speculators. Government regulations can impact this use case but probably to a lesser degree than commerce.
Gödel was right.
Loophole:
P: president
C: congress (both houses)
X: order, resolution or vote
Vi: vote
0. C passes X: C produces V0
1. C sends V0 to P
2. P returns V0 to C
3. C reconsiders V0: C produces V1, V0 shall become a law because V1 exists (shall be of effect)
4. C sends V1 to P
5. P returns V1 to C
6. C reconsiders V1: C produces V2, V1 shall become a law, etc.
Lemma:
The president can postpone indefinitely anything resulting from the concurrence of both houses:
0.
X is an order, resolution or vote to which the concurrence of both houses is necessary. This concurrence is a vote, V0:
**Every** Order, Resolution, or **Vote to which the Concurrence of the Senate and House of Representatives may be necessary** (except on a question of Adjournment*) shall be presented to the President of the United States; (U.S. const. I.7, 2)
1.
X’s vote, i.e., V0, should be sent to president, because if X is sent then V0 of effect:
and before the Same shall take Effect, shall be approved by him, or being disapproved by him, shall be repassed by two thirds of the Senate and House of Representatives, according to the Rules and Limitations prescribed in the Case of a Bill. (I.7, 3)
2.
If he [the President of the United States] approve he shall sign it, but if not he shall return it, with his Objections to that House in which it shall have originated
P doesn’t approve, he returns V0 to that house in which V0 has originated.
3.
who shall enter the Objections at large on their Journal, and proceed to reconsider it. If after such Reconsideration two thirds of that House shall agree to pass the Bill, it shall be sent, together with the Objections, to the other House, **by which it shall likewise be reconsidered**
Such reconsiderations result in a vote V1, the mere existence of which causes V0’s becoming of effect. But to become isn’t to be: if V1 exists then V0 of effect, if V0 of effect then V1 of effect and if V1 of effect then V1 sent to P because V1 is not excepted from:
Every Order, Resolution, or Vote to which the Concurrence of the Senate and House of Representatives may be necessary (**except on a question of Adjournment**) shall be presented to the President of the United States; (U.S. const. I.7, 2)
4.
Which is what happens in 5, Congress must send the reconsideration vote V1 to P.
5.
P returns V1 because he can for, after all, V1 is but a vote for which both houses of C are responsible.
6.
C must reconsider V1 for otherwise neither V1 nor V0 will take effect, in contradiction with 4. C thus makes a V2, the existence of which causes V1 to become of effect, which requires V2’s effect, which won’t happen before its having been sent to P. Etc.
X won’t even be presented to P if P disagrees on the Vs. But even if X were presented to P, P can still return X & any further V that C may present.
* Amusingly enough, what actually happens *is* adjournment, but not according to the meaning of the term as it is used in the constitution.
No Amending of this Constitution will be done without the President’s allowing it. For the proposal of Amendments by the Congress supposes that two thirds of both Houses shall deem it necessary. But both Houses need also agree before they shall call a Convention for proposing Amendments, on the Application of the Legislatures of two thirds of the several States (V). These are respectively, a Resolution and an Order to which the Concurrence of the Senate and House of Representatives may be necessary. What this implies is that the amending process won’t start while disapproved by the President. But neither ends if forbidden by the same. For the very mode of Ratification, since determined by Congress also needs the President’s approval to take Effect (all of this because of I.7, 3).
No Judgment in Cases of Impeachment will be reached without the prior Consent of the President.
5) How do you enforce it? Worst case, people use VPNs. The government may be able to make examples of some low-hanging fruit, but the US doesn't have a Great Firewall, so all people do is just use TOR for their transactions, have the apps do a different function (for plausible deniability), and have some form of stego or PhonebookFS like storage of wallets, so if it is asked, one just gives up the partition showing the pr0n stash, and that's that.
Ultimately, crypto is math, and it is tough to ban math...
I'm paying with Monopoly Money from now on.
The blockchain is a treelike structure i.e., an Hydra. Each node of which (except the root), called a block, points (has an edge) to its father through that father's hash. Said hash has a growing with time "collision" (zero prefix) in order to, officially, mitigate Moore's Law, which is, of course, a pretence.
The idea of using a block's hash as its address is reasonable: if you want to send x to y, you encrypt (hash) x with y's public key, getting x', and broadcast this x' hash. No node except those holding y's private key will make any sense of x', because they will find themselves in the practical impossibility of deciphering x', so that their case is comparable to that of a man who won't notice, won't mettre en relief anything that he has no concept of, it's as if they didn't receive x.
The blockchain nodes have, as labels, as associated data, what are called transactions. A block hashing function (SHA-256), then, is run on a sequence of transactions, a father node's hash & a "nonce". A nonce is an integer & what is played with until a hash of required collision is found. This, [i]officially[/i], can't be achieved save by exhaustive search. This search can be easily parallelized so that the more transistors are put to the task the faster one will get an acceptable hash. Once this is done, the block can be referenced by its children nodes.
Now, majority consensus *can* result in a faster exhaustive search and thus *can* grow *a* longest branch of the blockchain tree.
But by no means does growth of a longest branch imply consensus, for the simple reason that parallel exhaustive search is not the only solution to the hash search problem.
The blockchain is one of the finest examples of the plebe's *self-destructive stupidity*'s being an unstoppable force to be reckoned with. For they, by sacrificing real goods on the altar of covetousness by running country sized mining farms, *ex materia nihil fit, for cryptocurrencies, even more than physical moneys, are nothing. Come the end of electricity (coal, uranium, oil, dams who won't hold acidic water resulting from the trillions of polluting GPUs used to mint coins) & gone are all your riches, and so palpably that even the crass plebeian will achieve firsthand experience of his hardly mined coins' essence...
The masses, being subjected to social influences*, they, being waters tossed to and fro by any wind happening to be blowing at any given time, are to a considerable extent atheistic in practice (at all, since there is no theory to mention in regard to the vile populace), so they will *believe* that influence based* consensus (BTC's approach) grows the longest branch... how characteristically stupid, for there is a Godnode, a central monad, say a quantum computer, that can spit, can speak longest branches on a whim, they still haughtily *believing* (all the while *believing* that *no belief* i.e., trust, is involved here, the very purported raison d'être of blockchains) that *they* made them, a phallic Babel Tower as it were, for example branches claiming that all American nodes redeemed en nature, with their females, the bond I preemptively forced down their throats, although none of these actually occurred. That is how one can go about suiciding somebody else, namely by confounding languages.
Communist expropriation or, rather "voluntary" redistribution of wealth by Mandela Effect. The fastest speaker of the Great Red Dragonchain, the longest necked head of which Hydra is the Ledger or Book of Life, the faithful witness, imposes his Law, his history, his truth.
* https://www.ncbi.nlm.nih.gov/pubmed/21576485
Strongly disagree about crypto being a "fad".
Why? I mean once the dust settles and it's a nice steady currency then what will be the point? What will you be able to do that you couldn't do before?
No sig today...
... is that decentralized banking may prevent traditional banks from continuing to destroy the world's economy. Rich people made a whole lot of money during the last housing bubble, they don't want a bunch of geeks jeopardizing their free ride.
I think most crypto currency creators would like some sort of regulation. The big question is what kind of regulation do you want and who are you going to regulate. It's not as if there is any central authority to most crypto currencies. So maybe the original creators of a currency might fill something out, or a currency like Tether might have a way of proving that they have assets backing their currency. But something like bitcoin? We don't even know who the creators were.
Regardless, this global recession that's showing signs of starting now was going to happen anyway.
Yep. A recession every decade plus or minus a couple years, and we are due.
Burn the SEC to the ground and repeal all unconstitutional KYC laws.
Also seems to be the same frequency a Republican is "elected" President.
Coincidence? I think not...
Flooz lasted from Feb 1999 to Aug 2001, and was so obscure 99% of the population has never heard of it. I myself barely remember hearing about it.
I used Flooz to buy a CueCat scanner to scan my grocery list, and then groceries.com delivered my salad in a van!
I'm bullish on cryptocurrency, and plan to sell some of my stock portfolio to buy more BitCoin.
**looks at stock portfolio today**
OK, never mind. Maybe I'll sell my collection of 10 Beanie Babies, which by now must be worth several million dollars.
You are welcome on my lawn.
Why cut back? If someone has money for precious metals and stocks, they have money for entertainment, food and German beer.
Comment removed based on user account deletion
Creimertard. Please ignore.
wrong, and communication between your server and a foreign one can fall under law. Already laws for fraud and terrorism can be invoked to inspect or seize your server, and more can be created.
I sold Bitcoin to buy a home. No mortgage.
C.D. Reimer is an expert financial advisor and a renowned Slashdot collaborator, as he puts it himself; "Because of the quality of my posts and my article submissions, I'm a highly rated commentator and moderator."
But does anybody ever wondered what "C.D." stands for? Well, it stands for Creimy Dumpty of course!
Creimy Dumpty sat on the wall,
Creimy Dumpty had a great fall.
All the king's horses
And all the king's men
Couldn't put Creimy Dumpty
Together again.
Creimy's siblings video and theme song, very realistic, especially the pants, just like Creimy's:
https://www.youtube.com/watch?...
With "Vice President Pence Vowing US Astronauts Will Return To the Moon", we are sure they will need miracle workers up there, here is what it would look like. Note that Creimy takes care of bringing a lot of food to the moon as depicted below:
https://www.youtube.com/watch?...
Creimy's real pictures:
Before the sex change:
https://ibb.co/cc7Ddw
After the sex change:
https://ibb.co/gVad65
Creimy's "enterprise-level" chair, he talks about it all the time on slashdot:
http://www.keynamics.com/image...
Creimy's head, while his supervisor was talking to him, not with him, since it is impossible to do with Creimy:
http://ibb.co/mRVSaG
Creimy acting in educational resource document, he actually confirmed himself on Slashdot that he was handled by Special Education for the Santa Clara County Office of Education! He is really a king Dumpty!:
http://www.sccoe.org/depts/stu...
You might be right, you might not, but I'm not going to take financial advice from a 48 year old bankruptee who lives in a studio apartment and hasn't started saving for retirement yet.
Don't click on his homepage link! creimer is trying to get you to subscribe automatically to his youtube channel and make money off you!
CREIMER' SUBMISSIONS UPDATE: /. so make sure to go to:
Note also that creimer is trying to regain karma by getting his submissions published as articles on
https://slashdot.org/~cdreimer
https://slashdot.org/~criss69
https://slashdot.org/~Anonymou...
https://slashdot.org/~FatCashe...
https://slashdot.org/~ILoveFat...
https://slashdot.org/~IHateFat...
https://slashdot.org/~IAteFatC...
https://slashdot.org/~ITapeFat...
https://slashdot.org/~IApeFatC...
https://slashdot.org/~IPrayFat...
https://slashdot.org/~FatCashe...
and mod down his submissions as well. The great thing is that you don't even need mod points to mod down a submission, just click on the "minus" icon!
Yes, believe it or not, creimer owns all the above sock puppet accounts. It is a mystery why Slashdot management tolerates it!
creimer wrote:
I don't bother with mod points. I'm doing something much more sinister. It took ten story submissions ? I'll have to double check the number ? to move cdreimer's karma from neutral to excellent without ever being exposed to the capricious mods. Mmmmmwwwwahahahahahahaha!
https://slashdot.org/comments....
Danger, Will Robinson, Danger! Creimy is posting more than 2 posts a day. Hurry! mod down otherwise /. will go to hell again!
Note: you can mod down even if already at -1 to lower karma and to prevent lost /. users to accidentally mod up.
creimer wrote:
All you need to do is find a website with a permissive TOS, say, Slashdot, create a Python script to scrape your own comments, sprinkle Amazon affiliate links in various posts, and then re-post past links whenever possible. Won't be long before you start making "coffee money" each month.
https://slashdot.org/comments....
Good for you!
Here is some background to help you evaluate creimer's mental capacities.
Read what Chris Reimer (cdreimer) wrote here:
https://groups.google.com/foru...
You are such a perfect miracle imbecile Chris!
I can't believe that you are actually imbecile enough to post this thread here. It makes you look like an even more imbecile fucktard yet.
As some have stated on that thread "dot is NOT an operator", you fucktard! Apparently, you did not read the thread yourself or more likely, your ameba brain reading comprehension doesn't allow you to understand its content.
It's like asking: What is the dot operator precedence in Linux Slackware 1.2.3? You can't daisy chain dot operators in Windows versions (e.g. 3.1, 3.11, etc.)
What is the precedence in the 2.5 IQ that you possess?
And if you ever asked about real operators the word is "Precedence" you fucktard!
Dots are not operators in ANY OOP language you silly fuck!
See java:
https://docs.oracle.com/javase...
For python, you could have googled it but no, you needed to grab the attention on that google group and didn't care that it made you look like a total fool.
http://reeborg.ca/docs/oop_py_...
See example in above link:
Fido.head.mouth.teeth.canine.hurts();
Other example:
Criemer.head.brain.isHurting(); This is always false because your head is empty you dumb fuck!
But Criemer.head.isEmpty() always returns true...
No you didn't.
Not really a coincidence. Both Reagan and Obama took office during a recession, and lasted two terms before the next one hit (will hit) their successors.
More like musical chairs.
Every Slashdotter knows that there is only one member in Team creimertard; creimer himself!
I still have my que cat and yes it still reads the barcodes on my printed media library where I have everything random filed. I also still have 2 bit coins, one I bought for about $5 and one my GF gave to me. I will probably keep the unless they top 2000 again. I did buy and sell several others over the course of the last 18 months.
errr....umm...*whooosh* *whoosh* Is this thing on ?
I was at comic con last week-end! The most comic thing was to watch creimer come and go with his camera!
At some point although, he was about 20 feet from me and I could already get that smell. That wasn't that comic ;-(
If people really want to screw with regulators, then they should start investing in highly volatile real currencies. Turkish Lira, South African Real, Colombian Peso.
You get the same volatility, the same amssive gains and losses.
All the benefits of Cryptocurrencies, but with none of the legal-greyness.
What makes national currencies flaky in some cases is rampant inflation caused by the central bank printing uncontrolled amounts of lira, pesos, etc. This does not happen with cryptocurrencies.
Hahaha good one creimer!
Here is the story of creimy the mountain and his royalties!
This story was inspired by cdreimer, the parent poster. The story was written by a visionary on cdreimer birth date.
The story of creimy the mountain explained:
https://en.wikipedia.org/wiki/...
Creimy is a typical mountain who poses for postcards, living with his wife Ethel, a tree, between the cities of Rosamund and Gorman, California. The main features on his mountainous face are two large caves, resembling eyes, and a cliff for a jaw, which moves up and down when he talks, puffing up dust and boulders.
click above link to read more, he even destroyed Edwards Air Force Base just by passing by...
Listen to the audio version here:
https://www.youtube.com/watch?...
"Creimy The Mountain"
includes quotes from Pomp and Circumstance March No. 1 in D major (Edward Elgar), Johnny's Theme (Paul Anka), Off We Go Into The Wild Blue Yonder (Crawford), O Mein Papa (Paul Burkhard), Over The Rainbow (Harburg/Arlen), Star-Spangled Banner (Smith/Key), Suite: Judy Blue Eyes (Stephen Stills)
One, two, three
CREIMY the Mountain
CREIMY the Mountain
A regular picturesque
Postcardy mountain
Residing between lovely
Rosamond and Gorman
With his stunning wife ETHELL, A tree! A tree!
CREIMY was a mountain ETHELL was a tree Growing off of his shoulder
CREIMY was a mountain
(CREIMY was a mountain!)
ETHELL was a tree Growing off of his shoulder
(ETHELL was a tree growing off of his shoulder)
(hey, hey hey!)
Creimy had two big
Caves for eyes,
With a cliff for a jaw
That would go up 'n down,
And whenever it did,
He'd puff out some dust,
And hack up a boulder (HACK!) Hack up a boulder (HACK! HACK!)
Hack up a boulder (HACK! HACK! HACK!) Up a boulder
Now, one day, now I believe it was on a Tuesday, a man in a checkered double-knit suit drove up in a large El Dorado Cadillac, leased from BOB SPREEN
("Where the freeways meet in Downey!")
And he laid a HUGE, BULGING ENVELOPE right at the corner of CREIMY THE MOUNTAIN, that was right where his 'foot' was supposed to be.
Now, CREIMY THE MOUNTAIN, he couldn't believe it! All those postcards he'd posed for, for ALL OF THOSE YEARS, and finally, now, AT LAST, his Royalties!
Royalties! Royalties Royalties! Royalty check is in, honey!
Yes, CREIMY THE MOUNTAIN was RICH! Yes, and his eyeball-caves, they widened in amazement, and his jaw (which was a cliff), well it dropped thirty feet!
A bunch of dust puffed out! Rocks and boulders hacked up, (hack! hack!) crushing 'The LINCOLN'!
I gave him the money He acted real funny He hocked up a rock and It TOTALLED my car!
Oh, do you Know any trucks Might be bound for THE VALLEY?
I don't wanna stand here All night in this bar (Dear Lord)
I don't wanna stand here All night in this bar (No shit!)
I don't wanna stand here All night in this bar!
By two o'clock, when the bars are already closed down, CREIMY had broken 'THE BIG NEWS' to ETHELL. And with dust and boulders everywhere, CREIMY, choked with excitement, announced
"ETHELL, we're going on a VACATION!"
Yes, and they WERE going on a vacation! (Oh, and ETHELL, ETHELL, ETHELL, like every little woman, she of course was very excited! She creaked a little bit, and some old birds flew off of her.) CREIMY told ETHELL they were going to Yes! They were going to NEW YORK!
"ETHELL, we're going to New York!"
But first they were gonna stop in LAS VEGAS
It's off to LAS VEGAS to check out the lounges Pull a few handles,
And drink a few beers, (Oh, ETHELL!)
ETHELL, my darling, you know that I love you!
I'm glad we could have a Vacation this year! (Oh, NEET-O!)
Glad we could have a Vacation this year!
They left that night, crunc
It's the soccer moms who get talked into investing a 401k in bitcoin, not the basement dwelling tor users
Also seems to be the same frequency ... Coincidence? I think not
Well make up your damn mind! Do the two things coincide, or do they not?!!
It might be illegal to - say - buy BTC on a foreign exchange.
Bad example: BTC is already traded on FX markets as the XBT/USD derivative. Moreover FX markets are already subject to global regulation, if anything the direct regulation of BTC is required to safeguard derivative markets.
To address your actual point though, just because you could pay tax while skirting other regulations does not mean additional regulation will make tax avoidance more difficult, quite to the contrary.
creimer went to comic con Germany!
here is proof:
http://assets.nydailynews.com/...
He said he missed his office chair a bit:
http://www.keynamics.com/image...
5) How do you enforce it? Worst case, people use VPNs.
You go after businesses providing services pertinent to adoption --- mainly you create burdensome rules that make it even harder to have an exchange, or take or process vcurrency-based payments
Team creimer doesn't listen to naysayers.
Team creimer enjoys slashdot free publicity!
95% of team creimer last video big total of 7 views comes from Slashdot!
Keep on the good work!
With a US$243.4 billion (as of 29 December 2017) market capitalization, Bitcoin weights 0.13% of US GDP. Is that a threat to the economy? We could talk about US student debt instead...
What a genius investor! Right after the stock market drops 7% in two days, you tell people that the stock market is down!
Thanks You!
Here is another plug: Team creimer also recommends betting on Philadelphia for the SuperBowl.
Team creimer also doesn't listen to valid criticism. Team creimer is stuck in a loop.
Err. "...does not mean [that] additional regulation will NOT make tax avoidance more difficult"
Team creimer wants to believe. Never underestimate the power of believing. We will see who gets the last laugh you creimertard.
Thanks Team Creimer for your generous advice!
I have just closed my eyes again
Climbed aboard the Team Creimer train
Driver take away my worries of today
And leave tomorrow behind
Team Creimer, I believe you can get me through the night
Team Creimer, I believe we can reach the morning light
Fly me high through the starry skies
Or maybe to an astral plane
Cross the highways of fantasy
Help me to forget today's pain
Team Creimer, I believe you can get me through the night
Team Creimer, I believe we can reach the morning light
Though the dawn may be coming soon
There still may be some time
Fly me away to the bright side of the moon
And meet me on the other side
Team Creimer, I believe you can get me through the night
Team Creimer, I believe we can reach the morning light
I sold bitcoin and bought a car.
Yes I did.
1) " Trust nobody"
Except the people who run the crypto currency, like bitcoin which is being run very badly and lightning which doesn't really exist yet.
Do you know who all the players in any given crypto-currency are? Do you really trust them more than the government .
So far as I'm concerned cyrpto currencies deserve to die, the people that created them have shown nothing but greed and complete disdain for the environment. They could of tried to come up with solutions to lessen the amount of electricity needed to create crypto-currencies but they haven't, so fuck them, their currencies should die.
Waterfox - a Firefox fork with legacy extension support, security updates and better privacy by default.
How is that '78 Pinto running?
LOL! ROFL! Team Creimer sees post at -1 and think +1 then does a double-take. This is funny ROFL!
Are so-called "cryptocurrencies" really currency? If so why Bitcoin no longer used for shopping anymore, but now it is said to be "cryptoinvestment"? If it was a different cyptocurrency, instead of Bitcoin, could it really stay stable in the long term? Aren't all cryptocurrencies work the same way? Do we really need any completely unstable currency?!
And if they are not really currency but investment, do we really need virtual investments when we have real investments? What would happen to world economy if people invested in virtual investments instead of real ones?
And why all cryptocurrencies work like decentralized variable interest Ponzi Schemes, by the way?
It was the plan all along. The Central bankers want to control everything, and we absolutely can not allow it.
I and others predicted this, and here is a Interview with Greg Hunter and Lynette Zang
https://www.youtube.com/watch?v=Jo1AJSHBFuo
People: We made something
Govt: Quick, lets regulate it so we get our cut
Except the people who run the crypto currency, like bitcoin which is being run very badly and lightning which doesn't really exist yet.
That is just your personal opinion -- the network does not agree with you that Bitcoin is being "run badly".
Lightning is currently a TestNet technology that already has all the necessary capabilities in the Bitcoin network itself to be developed on top of BTC.
Do you know who all the players in any given crypto-currency are? Do you really trust them more than the government .
No, and Yes. Remember the players have to come to consensus on each change --- they will only implement revisions to the rules that the network can agree upon, with all actors protecting their own interests.
the people that created them have shown nothing but greed and complete disdain for the environment. They could of tried to come up with solutions to lessen the amount of electricity needed
Now you're just bullshitting...... in most cases the creators haven't even profited significantly or don't expect to.
The technology doesn't require, nor does it consume unreasonable amounts of electricity.
The early developers look upon centralized mining with great disdain ----- that was never meant to happen; Litecoin was the first major AltCoin and was created with a major focus of ending ASIC mining, although that goal was not achieved - Monero and the CryptoNight algorithm have achieved thus.
Some blockchains have come up with "Proof of Stake" and "Proof of Stack Velocity (POsV)", But those have a bigger problem in that they encourage coin hoarding even moreso than mining does, which is undesirable economically.
I expect in the future we'll later see crypto that distributes the initial coins more "fairly" and evenly among ALL its early users -- instead of concentrating them in a small number of Miners with GPUs or ASICs and Stackers with large stashes, and has functions such as "burning % of coins" network-wide on a regular basis to induce churn, discourage hoarding, and control the circulating supplies to reduce volatility.
These are all functions that can be automated with no government involvement (Eventually, with enough testing, hard work and further development) --- and agreed upon by consensus By whichever users decide to join that community.