SEC overreach yet again, authoritarians petrified of Bitcoin, dinosaurs whining and lying - Ep.18

Today’s Bitcoin news!

SEC NONSENSE:

Coinbase, SEC set to face off in federal court over regulator's crypto authority. LINK: https://www.nasdaq.com/articles/coinbase-sec-set-to-face-off-in-federal-court-over-regulators-crypto-authority

WOW‼️ Judge in case of SEC vs Coinbase attacks Securities Act of 1933 as outdated by quoting pro #Bitcoin Senator Cynthia Lummis’ statement that it doesn’t allow for new technologies like crypto. “We’ve had a good run…but this is something new.” 🫡: @EleanorTerrett. LINK: https://twitter.com/BTC_Archive/status/1747676914871890084

DINOSAURS WHINING:

Jamie Dimon is a broken record. Here he is at Davos 2024 & a flashback to Davos 2023. Exact same empty talking points. No reevaluation or reflection. Just the same old debunked anti #Bitcoin propaganda. He’s either still ignorant, or scared shitless. LINK: https://primal.net/e/note104fu9jlen4tk2z7q2g707m4y4gluh6dyndtsnf55mut59v80zppqdyf00d

This big and powerful banker is so helpless in the face of #bitcoin it is hilarious. He is grasping for straws 😂. LINK: https://primal.net/e/note1gvt7k9tzcdd783lfdnex4mwesvjr40kk9cswuxe0frzyks7q9hlqswuv5a

Ladies and gents, Jamie Dimon!
-> “Crypto has valuable use cases”
-> “But #Bitcoin is just for criminals”
He isn’t anything other then dumb:
LINK: https://twitter.com/RobinSeyr/status/1747648433505112495

Jamie Dimon and Elizabeth Warren SO AFRAID of Bitcoin! LINK: https://primal.net/e/note1s9rvgm9qkvedu3key903mfk88l6k84lphw5vcwk7l5f87q9f0k9qjq8wkl

EU AUTHORITARIAN BS:

The EU is about to outlaw and restrict some of the most prized features in crypto. Under President Ursula von der Leyen, the European Commission is one of three EU bodies poised to make big changes to anti-money laundering rules.
- The EU is taking aim at privacy coins and self-custody wallets under new anti-money laundering regime.
- The changes, including a ban on crypto mixers, are expected this week.
- DeFi, DAOs, NFT platforms, among others, will need to increase their due diligence on users.
LINK: https://www.dlnews.com/articles/regulation/why-the-eu-is-about-to-outlaw-and-curb-key-crypto-features/

IRS ANNOUNCEMENT:

JUST IN: 🇺🇸 IRS announces that businesses do not need to report the receipt of $10,000 or more in digital assets under The Infrastructure Investment and Jobs Act until procedural clarity is provided - giving the public the opportunity to comment on the regulations. LINK: https://twitter.com/BitcoinNewsCom/status/1747376001745584419

LOCAL BITCOIN HAPPENINGS:

The Houston #Bitcoin Meetup is next week, Thursday January 25th. I'll be there and bringing @MartyBent with me. I'll also be bringing copies of Gradually, Then Suddenly for purchase and if you want a copy signed! Sign up with link below!
MEETUP: https://meetup.com/houston-bitcoin-meetup-group/events/298609412/
TWEET: https://twitter.com/parkeralewis/status/1747668589925064923

EDUCATION:

There comes a point in life when you ask yourself "What is this Bitcoin thing & why should I care?" http://TheSaifHouse.com answers! With books by @LynAldenContact, @parkeralewis, @Matthewlysiak & me, including The Bitcoin Standard, which sold 1 million copies in 37 languages! LINK: https://thesaifhouse.com/

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