Operation Chokepoint 2.0 (Biden's administration quitet ban on crypto)

[NexusFlavor]

A crypto "bank" that nobody in the space seems to need, wanted to become an officially recognized bank, join the ranks of the masters of fractional reserve and was denied. Who would've thought that they won't like an entity that deals in as they call it "sound money" to become one of them. Bitcoiners and banks don't use the same principles.

2009 Banks are evil and need to disappear!!!!
2023 We need access to banks and to have our own government regulated banks !!!!

Seems like the witch hunting is back, is always this irresponsible blame game from people that seek attention every single moment, on one side we have the ever-triumphant march of the government being unable to stop us, of crypto defying every obstacle and the next day like a bunch of pussy crying over one line of regulation that foils their mastermind plans.
Oh for god's sake, just stop with this.

Thank You to everyone contributing to this discussion, it makes me wonder wonderful the World could truly become if we were truly unblocked from co-operating with each other...........I tend to agree though we have to Idealogically find the balance, due to the corrupt nature of this Earth and recognize we can't fix everything with just crypto!

However the forces against any types of Freedom are enormous!  1 Point I would like to add is the Honey Pot Trap.............Most people go through their lives if they so happen to excel enough to compensate for the corrupt downwash from the Fiat Printing Systems of the World!  

They will eventually arrive to a position of reasonable power which the Top Dogs have a whole host of Psychological Tools in their Arsenal to entice and trap such Souls!  Too many to list!

But I just want to Highlight the Psychology of how they make decisions the Big Decision Makers like Jeffrey Epstein were so entangled with having any desire he could want he was the one running the show!

His decisions were not at all effected by "Desire" for sex, money, ect..........as he had it all in unlimited amounts.............he was "gifted" the largest Mansion in NYC for $1 USD!  He was "allowed" to operate an "unregulated" Ponzi network working with and creating Non-Profit Organizations to launder "Deals"

So, people need to be aware the temptations we are all faced with are enormous in current times and the lack of knowledge of it is even greater a danger!  

We truly need Jesus to comeback and start Whipping "The Money Changers", but in reality we need to rely on God that he gave us the tools and his "Holy Spirit" to communicate with us the difficult path we are REQUIRED to take and learn how to individually Whip "The Money Changers" from our lives!

I have to leave it at that for now!

But the Bankers only Real "Chokepoint" is the Grave, but they establish literally thousands and thousands of chokepoints against the masses of which they themselves are seemingly able to not be held accountable to any Rules whatsoever!

It's truly past time to overthrow them!  But humans are a truly sad state in reality!  Divided and Conquered "DIVOC-2019" DIVOC means divide and conquer in Hebrew!

NexusFlavor!

[Hispo]

Hm, this is indeed an interesting recipe for the coming years:

- Soft ban on Bitcoin and altcoins

- Implementation of CBCD

- Reduction of the cash in circulation

The SEC is already tackling against Paxos and BUSD, calling a security when we all know it does not make sense to call a stablecoin a security. This is about the government of the United States wanting to have the monopoly not only over the dollar and any other dollar-pegged asset, but also digital payment systems.

Let us remember that markets are about pairs. In the case of BTC/USD, they cannot touch BTC, so they go all in against the liquidity of the pair in USD, both in form of stablecoins and banking services. Things may get messy.

[bbc.reporter]

They also use other tactics to divide the people and create a setting where communities will fight against each other to make it much harder to see the real enemy. A divided community is easier to manipulate because they only think that their enemy is from the opposite side of the argument, however, the real enemy is the one creating the division.

I think the problem is deeper than "them" creating divisions. That would suggest that if "they" (however you define them) stopped doing that, everything would be fine.
What we witnessed in recent decades is a massive erosion of what used to be common values that kept societies and communities together.
To not be divided means to be united, and for that, you need to unite around something. If people can't agree on basic values or agree on any principles and on what's right or wrong - you're ending up with a low-trust society where everyone cares mostly about themselves. Such a society is very easy to control.

You are correct and this massive erosion of common values is called demoralization. This is done through the use of years of a common tactic we very much know within the cryptospace community called fear, uncertainty and doubt. The real enemy who wants to create a division uses different media outlets for fakenews, clickbaits and information manipulation to cause the people question their own beliefs. If they begin to question their own beliefs, they are starting to be demoralized. I reckon the Russians and Chinese have been doing this tactic in America.

[Geremia]

In an email with subject "[URGENT] Bitwage Banking Switch - Change of Service Offered" dated today, BitWage said:

Dear Bitwage Community,
The cryptocurrency sector has been facing challenges due to increasing regulatory pressure on the US banking industry, in what many are calling “Operation Chokepoint 2.0”. This pressure has come in the form of SEC Wells Notices, closed-door conversations between regulators and banks, and restricting direct access from crypto-friendly banks to the Federal Reserve. In our commitment to providing you with the highest quality service, we have worked diligently to maintain stable banking relationships amidst this industry crackdown.

[Zanab247]

I don't see any different between Obama administration and Biden administration, because businesses men are women are still going through a lot of things in the country, high taxes be imposed to business people which is affecting business owners not to grow very well these days.

Even the crypto that is helping some people to grow their businesses in the country, it has been banned by the new administration which some crypto users will use to punish this administration not to vote for Biden to return back to power again.

Since Trump has made some promises concerning crypto in the country, it will make many people to turn up for this election to vote for someone that will make people business to start pumping and to have access to crypto in their country.

[legiteum]

Bitcoin went up 500% under president Biden.

Donald Trump plans to deport 5% of the American population, which radically disrupt our economy, eliminating a massive pool of workers and radically raising labor costs in the US.

Trump's platform promises a new "war on abortion" that will greatly surpass the excesses of the of "War on Drugs", wherein they need to stop several million women every year from making the choice about their body they need to make. Republicans are, in short, going to regulate sex and try to greatly curtail it in the US. This is going require a massive new police state and things like Bitcoin tend to be the first target of governments like that.

Trump has shown himself to be a grifter--and his supporters know it and don't care--so his most obvious action would be to ban Bitcoin and only allow people to buy his own personal currency, making himself rich at the expense of the rest of us.

Trump doesn't care about your Bitcoin, and neither do his supporters. Anything he says now is just campaign BS to get your vote.

The safe bet is to stick with Biden and the Democrats this November.