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I'll paraphrase this
Fed trying to hide/not really hiding their tactics for keeping crypto from competing
Chairman Jerome Powell "What we say about permission-less blockchains is that they have been vehicles for fraud, vehicles for theft..."
Mr Davidson "0.24%, so if you follow your own report on fraud, it's a fraction of what it is with the US Dollar"
But you won't hear them talking about ARRR - could y'all imagine that conversation?😂
https://pirate.black
https://edge.app
Source: Reclaim The Net
https://video.reclaimthenet.org/articles/jerome-powell-operation-chokepoint-2.mp4
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Our Sites only provide online transaction and platform services for you to engage in digital asset trading activities through the Sites (including but not limited to the digital asset transactions etc.). The Sites do not participate in the transaction of digital assets as a buyer or seller and do not provide any services relating to the replenishment and withdrawal of the fiat currency of any country or regions.
1.2 Risk Reminder
(a) The digital asset market is new and unconfirmed, and will not necessarily expand.
(b) The digital assets themselves are not offered by any financial institution, corporation or the Sites.
(c) Digital assets are primarily used by speculators, and are used relatively less on retail and commercial market.
(d) Digital asset transactions are highly risky, due to the fact that they are traded throughout the day without limits on the rise or fall in price, and market makers and global government policies may cause major fluctuations in the price.
(e) Cryptocurrencies such as Bitcoin and Ether are unlike traditional fiat currencies, goods or commodities in the market and are subject to exceptional risks. Unlike other traditional fiat currencies, cryptocurrencies are decentralized and are not backed by a central bank, government or other legal entities. Cryptocurrencies currently remain largely unregulated. As such, the value of cryptocurrencies may rise and fall depending upon the market, confidence of investors, competing currencies, regulatory announcements or changes, technical problems or any other factors.
(f) Due to the significant risks of trading cryptocurrencies as well as the impact of technology and the international market, we cannot warrant or guarantee that particular type of cryptocurrency will be available on our Sites and Services. We reserve the right to stop offering Services in relation to a particular type of cryptocurrency on our Sites. We will use our reasonable endeavours to notify you if we cease to support trading or provide Services in relation to a particular cryptocurrency. If this is the case, you will not be able to convert that type of cryptocurrency into any other currency. However, you will be given the option to transfer the cryptocurrency to another user, platform or third party sites. Please be aware that we are not and will not be responsible for any costs incurred by you if you decide to transfer the cryptocurrency to another user, platform or third party website.
(g) We are not responsible or liable for any cryptocurrency once they are transferred from our Sites to another site, device, platform, wallet or user. Nor are we responsible or liable for any cryptocurrency not traded on our Sites that have been sent into our Sites. We are and will not be responsible or liable for any cryptocurrency that have been sent to an incorrect or incompatible wallet address. Examples of incompatible wallet addresses include but are not limited to the type of cryptocurrency being transferred is sent on.
(h) As we do not identify the counterparty to any transactions you make, we strongly recommend that you do not send cryptocurrency to any persons you do not personally know or completely trust, as, once sent, the transaction cannot be reversed. It is important for you to take precautions when transferring and storing your cryptocurrencies and/or digital assets whether on our platform or through other sites, wallets or devices. We take no responsibility for the misappropriation or theft of your cryptocurrencies and digital assets. We strongly advise that you familiarize yourself with and implement a personal wallet service or other device for storing your digital assets including cryptocurrencies and implement other security measures. Always take a greater degree of care and precaution to secure your passwords when operating in a digital environment.
(i) Digital assets trading is highly risky and therefore not suitable for most people. You acknowledge and understand that investing in digital assets may result in partial or total loss of your investment and therefore you are strongly recommended to decide the amount of your investment based on your loss-bearing capacity. You acknowledge and understand that digital assets may generate derivative risks. Therefore, if you have any doubt, you are strongly advised to seek assistance from a professional advisor
Category | Business & Finance |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
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