Is HM Treasury about to regulate Bitcoin in the UK? - Selachii
Is HM Treasury about to regulate Bitcoin in the UK? - Selachii
Draconian, Tyrannical UK Law – “Contaminated” Person Can ...
The UK Government Is Launching a Cryptocurrency ‘Task ...
11 Cryptocurrency Initiatives Indian Government Has Taken ...
UK government responds to 'arrest Netanyahu petition'
r/Bitcoin recap - December 2019
Hi Bitcoiners! I’m back with the 36th monthly Bitcoin news recap. For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month. You can see recaps of the previous months on Bitcoinsnippets.com A recap of Bitcoin in December 2019 Adoption
Firstly, don't buy drugs on reddit (or even the clearnet). Secondly, CBD buds aren't legal.
2 things to get off my chest that eat at me most days I come to clear the modque. This is not a post to try and reinstate the rules, it is just some explaining. edit 1: Apologies for getting heated in the comments of this one, this post is the outlet for the festering rage that increases every time I read about someone being scammed or claiming CBD flower is legal. I'm normally pretty chill, I promise x edit 2: Adding some Q&A from the comments into the main body. Some of them I've included because they are good points that are a good idea to add, others are to stop others asking the same question. edit 3: you guys who previously thought CBD flower was legal, and have now changed your stance and agree with what I'm saying, you guys are the real MVPs. Whether you commented or not, you're the real homies fr.
Don't buy drugs on reddit, or on the clearnet.
On average, we hear of one person on this sub being scammed by another redditor (and sometimes a clearnet site) every 2 days. I'd hazard a guess and say most people don't message us about being scammed out of embarrassment (in hindsight). That's a lot of money being wasted, money that (given our average age) we really can't afford to just piss away. You know it genuinely makes us upset when we see someone scammed for a couple hundred quid. Not because it breaks the rules, not because the sub is at risk, but because someone has lost money they worked for and they are also encouraging the scammer to keep scamming. So, this is me saying just don't fucking do it. Business conducted without connection to the sub is irrelevant to us, and this post isn't to protect the sub or us. If someone is here vending through PMs there is a 99.99% chance they are a scammer. Imagine, right, you've got 10LBs of grass in 20 different strains in 3 different forms. You clearly have money through previous sales, and you're set to vend. Do you, a, frantically PM people through reddit asking you to buy through Wickr. Or, b, setup shop on a market and continue to build rep. Also, everyone who says they have a firrrrrrrre link (flame emoji x 10) who deals through Wickr you should message they are also a scammer. You will loose your money and your dignity. They will also have your address that you will more than likely be blackmailed with shortly after (which is also a common occurrence). Every person who's been scammed messages us the same way 'I know it's stupid and I know it was obvious they are a scammer but u/WorthlessPieceOfShit scammed me and here's proof.'. Hindsight is a bitch, so get some fuckin forsight and don't be a moron. Also, clearnet websites, don't even touch 'em. Instagram is like wading through a pool of shit to find a gold plated coin. Yeah the coin is there, but it is neither worth the trouble or time. It can be alluring to those who can't be arsed with learning to use the markets because of how easy it is, and then after the fact will justify why Instagram is better than any other alternative. Not only that, think of your OPSEC for gods sake. For those of you who struggle to keep your singular brain cell company who will still go on to piss money into the wind, if you contact us with proof that you have been scammed, there is no repercussion. Don't be afraid, we will only judge you in private ;).
Reddit Plug Comment Q&A
Q)So is there no way of finding a dealer on reddit? A) Wherever you look, you will always be able to find a source. If you attend your local female only 60+ chrrurch group for long enough you will find a lovely old lady who knows a guy who knows a guy who comes through. All I'm saying is that, as an amateur, you will miss the obvious warning signs of a scammer and with no way to verify legitimacy of a reddit plug (other than PGP) you will fall victim. I say amateur, because those who know what they are doing don't buy through a damn social media platform, unless they know them personally or have an exceptional circumstance. Q)So where do I find a plug online? You all talk of doing it but don't let up. or What market? A) Right, this isn't the place for this sort of question, and truth be told there isn't a reliable single outlet for it any more. However, the one and the only search term you need is DNM. With this single acronym, you have the full capacity to go out and research every single aspect of ordering safely online. Where to go, who to buy from, how to keep yourself safe. It's all out there and very easy to do/find. Like seriously. Just do the research, learn the shit, learn how to use bitcoin and tumblers, learn how to use PGP, learn it all (like we all had to) and you'll be up and running in no time. If you can't work it out, then you really should stick to street dealers. I don't say that patronisingly, I mean that if you can't work it out from there on your own, you will end up getting scammed or getting caught.
CBD Buds Are Illegal
Update: in another one of the usual shite and misleading responses to a petition our favourite home office shed some light on CBD products, too, and it's even more stupid than we thought:
In relation to industrial hemp, the Government has no intention of amending this policy. The Government operates a robust and risk-based licensing system to enable the cultivation of low THC cannabis (industrial hemp) from the non-controlled parts of the cannabis plant (i.e. seeds and fibre/mature stalk). Our policy enables the production of hemp fibre for industrial purposes or the obtaining of seeds which are then pressed for their oil. The cultivation of cannabis plants must be from approved seed types with a THC content not exceeding 0.2%. The ‘0.2%’ reference is used solely to identify varieties which may potentially be cultivated, within the scope of this policy. The current policy is in place to prevent misuse and diversion of the controlled parts of the cannabis plant, and currently, there is a large number of companies successfully operating under this industrial hemp policy. Home Office
To be honest this contradicts some of the laws quoted below, so it should be taken with a teaspoon of salt, but even so. End of update No, it isn't a grey area. NO, CLEAR don't always get it right. Yes, you can get nicked for it. Yes, it is illegal. Here is a link to the law in question. There are no 2 ways about it, CBD buds are not legal. Here is another supporting sheet, and whilst it is produced by the government, it doesn't serve as a legal document, moreso advice, so take that with a pinch of salt.
Home Office policy provides that licences may be issued for the cultivation of cannabis plants with a low tetrahydrocannabinol (THC) content for the production of hemp fibre for industrial purposes or the obtaining of seeds which are then pressed for their oil. For both of these uses, licences are granted to enable the use of non-controlled parts of the plant (i.e. seeds and fibre/ mature stalk only). This policy is only applicable where non-controlled parts of the plant are used. There needs to be a defined commercial end use and the Home Office only issues licences for cultivation of plants from approved seed types with a THC content not exceeding 0.2%. The ‘0.2%’ reference is used solely to identify varieties which may potentially be cultivated, within the scope of this policy, and to differentiate between the fee level is applicable under the Misuse of Drugs (Fees) Regulations 2010. The Hemp (Third Country Imports) Regulations 2002 also require, except in specified circumstances, that hemp from ‘third countries’ be imported under a licence an
Oil, tea, handbags and shampoo can be made from industrial hemp, and the plant that they were made from may contain low levels of THC and contain CBD as long as they are produced by licensed peoples. Flower, however, is not legal under any circumstance. Theoretically, completely THC and THC-V free flower would be un controlled (legal). But that is impossible by current standards, and doesn't exist (yet). Every CBD heavy plant has atleast trace THC(-V). The bulshit 0.2% rule that ill-informed people and love toting is nothing more than the number that allows a company to grow that plant under license, and for that plant to be grown for industrial use. Nothing else. Feel free to also brows 2001s misuse of drugs act in which you find nothing contradictory of the above. So please, for the love of god, stop hounding us and eachother over whether it is legal and why you think it is. If you can provide me with proof of the contrary, I'd love to see it, and would happily change my stance.
CBD Flower Isn't Legal Comment Q&A
Q)What do you make of this? Specifically "The law states products ‘derived from’ industrial hemp can be exempt from the MODA if they have been ‘processed’ and contain less than 1mg of THC or CBN." I always thought that was the loophole or grey area, that it is considered a processed hemp product by way of drying, curing and trimming, but I've not spent all that long looking into it and I'm not at all qualified to comment, I'm certainly not a legal professional. A) Interesting point, and an article I hadn’t seen before. Here is the government fact sheet they are referring to, in which it states: 'An “exempt product” means a preparation or other product consisting of one or more component parts, any of which contains a controlled drug, where— a) the preparation or other product is not designed for administration of the controlled drug to a human being or animal; b) the controlled drug in any component part is packaged in such a form, or in combination with other active or inert substances in such a manner, that it cannot be recovered by readily applicable means or in a yield which constitutes a risk to health c) no one component part of the product or preparation contains more than one milligram of the controlled drug or one microgram in the case of lysergide or any other N-alkyl derivative of lysergamide.' Do you mean to tell me that they prepare the CBD buds half a gram at a time? Not a chance. So that breaks rule b. So CBD if prepared in a quantity above half a gram (at any point if it was in contact with more than half a gram) , even if it is broken down into grams to sell). There will not be a single place that picks half a gram at a time, prepares it and then packages it in half gram quantities only. Thus, still illegal. And the products are advertised and meant for human consumption. So, still controlled under the laws i originally stated. Q)But it's legal under EU law, which we abide by, so that's where the grey area is isn't it? A) CBD flower isn't legal according to the EMCDDA, in fact they don't even distinguish it from high THC weed as far as legality. The only time Cannabis is Legal under EU law is if prescribed medically, be it THC or CBD strong. Even further, they only allow four brands of either to be prescribed: sativex, marinol, cesamet and bedrocan two of which are fuckin synthetic. Are you saying that the legality of regular weed is a grey area because is can be prescribed medically by the EU? No. Are you saying that because the EU allow it to be medically prescribed you can appeal in court? I should hope not. Further than that, the EMCDDA just set out the guidelines, i.e. if the country sees fit they can decide their own drug laws (such as in the case of CBD flower being legal in France and Italy, yet illegal in the UK). Source 1 , Source 2 straight from the horses mouth. Q)But it's sold in headshops, so it isn't your fault if you get caught is it? A) This just isn't true, I don't know how else to put it. Less you show me the 'if I didn't know it was illegal, it's not illegal law lol'. Just as a side note, why do you think Holland and Barret don't sell the flower, and only sell the oil eh? Cmon now use your noggin. Quite a few CBD shops have been raided too, so the fact that they exist isn't testament to legality in any way. If you're local corner shop sold ketamine in its sherbert packets, and you knew what you were buying, and it says ketamine on the reciept, you're still getting nicked for having ket on you regardless of whether you can produce a reciept to say you bought it at a shop. Just because the shop gets nicked, doesn't mean you don't.
Sorry For The Rant
Now that these two things are very clear, I can stop getting twisted over people getting scammed and just laugh as the information is here and clear, and I can link this post whenever CBD is being debated. The majority of you guys are sound, like really sound, and I know most of us would kick it if we met, so don't take it personally. Those who this is aimed at will know lol.
Hi Bitcoiners! I’m back with the 32nd monthly Bitcoin news recap. For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you an overview of what happened in bitcoin over the past month. You can see recaps of the previous months on Bitcoinsnippets.com A recap of Bitcoin in August 2019 Adoption
I am a white 19 year old woman who is flying into Margarita Island all the way from California to catch some gnarly waves! I would love to meet up with some locals and learn the culture and nightlife of Venezuela! Would anyone like to show me around and just catch a few drinks? (159 points, 105 comments)
I am a white 19 year old woman who is flying into Margarita Island all the way from California to catch some gnarly waves! I would love to meet up with some locals and learn the culture and nightlife of Venezuela! Would anyone like to show me around and just catch a few drinks? by hinoyminoy69 (159 points, 105 comments)
OP DELIVERS o BAMBOOZLE?! 720 "Tibi mardita perra", Ron y Bamboozle by Treeke (156 points, 51 comments)
To all protestors. You should start carrying blankets, and here is why. by hopopo (149 points, 34 comments)
TIL que la palabra “Marico” no hace referencia a un homosexual... by Caracucho (148 points, 59 comments)
My favorite part about this Subreddit is how people from first world countries come to tell us why we are in the situation we are in and how we are all right wing capitalists because we don’t like socialism. by wilmercazon (125 points, 147 comments)
Narendra Modi's new cabinet will have Nirmala Sitharaman as the Finance Minister. She will also be the Minister for Corporate Affairs. Sitharaman was holding the defence portfolio in the earlier Government. Anurag Thakur is appointed as the Minister of State for Finance and Corporate Affairs. -Business Line Bank of Baroda is planning to pool the common performing corporate assets and large NPA of erstwhile Dena Bank and Vijaya Bank into its corporate financial services branches and stressed asset branches, Shanti Lal Jain, Executive Director, BoB, said. -Business Line Nirav Modi applied for bail in the UK High Court. The Crown Prosecution Service (CPS) said that the hearing for his bail petition will take place on June 11. -Business Line The CBI told the Supreme Court today that it is ready to take over the investigation into the multi-crore bitcoin Ponzi scheme in which several investors were allegedly lured on the promise of handsome returns. -Business Line India lost its spot as the fastest growing major economy to China, clocking a disappointing 5.8% in the Jan-March quarter as a chill in domestic and global consumer demand hit manufacturers and service providers. The sub-6% growth of Q4 is the slowest in five years. The economy had grown 6.6% in the third quarter, 7.1% in second and 8.2% in the first quarter. -Economic Times The Government today said joblessness in the country was 6.1% of total labour force during 2017-18, the highest in 45 years. The data released by the labour ministry on a day when new Cabinet took charge, showed 7.8% of all employable urban youth being jobless, while the percentage for the rural was 5.3%. -Business Line The fiscal deficit for 2018-19 came in at 3.39% of GDP, marginally lower than 3.4% estimated in the revised estimates of the Budget, mainly due to increase in non-tax revenue and lower expenditure. In absolute terms, fiscal deficit at the end of March 31, 2019, stood at Rs 6.45 lakh crore as against Rs 6.34 lakh crore in the revised estimates of Budget, as per data released by Controller General of Accounts (CGA). -Business Line Paytm, the largest digital payments Co in India, said it was processing more than 400 million transactions every month. Paytm also claimed it was 5 times bigger than its closest competitor. It has seen threefold growth in the number of transactions over the last one year, Paytm told. -Economic Times USD/INR 69.69 SENSEX 39714.20(-117.77) NIFTY50 11922.80(-23.10)
“In view of the research finding that the North Korea nuclear test site at Mantapsan has collapsed, it is necessary to continue to monitor any leakage of radioactive materials that may have been caused by the collapse,”
What has collapsed?
"North Korea nuclear test site at Mantapsan" = 139 reduced
"Speech Spells" = 139
"English Alphabet" = 139
"Occult Alphabet" = 139
"Gematria Alphabet" = 139
"Masonic Alphabet" = 139
"Freemasonry" = 139
"Pyramid Scheme" = 139
"The Magic Number" = 139
"A Masonic Alphabet" = 1039 trigonal (ie. the letter 'A' can be seen as pyramid and all-seeing eye)
"North Korea nuclear test site at Mantapsan" = 1414 primes
“In view of the research finding that the North Korea nuclear test site at Mantapsan has collapsed, it is necessary to continue to monitor any leakage of radioactive materials that may have been caused by the collapse,”
Radioactive materials Nuclear weapons New Clear Weapons Alphabetic Power
"Symbolic" = 1,618 squares (ie. golden ratio, to 3 decimal places, in a seriously loaded word) Many tribes of man have a name for their tribe, and this name often (in their own language) means: The True Man, or The Real Man, or The Real People: "The Real People" = 419 jewish In mathematics:
419: A prime number, a Sophie Germain prime, a Chen prime, an Eisenstein prime with no imaginary part
911: A prime number, a Sophie Germain prime, a Chen prime, an Eisenstein prime with no imaginary part
Now there are two studies, both by groups of respected seismologists. One finds that one of the "aftershocks" was in fact the collapse of the cavity created by the explosion. @JNBPage -- again, who wrote the only non-garbage story so far -- quotes the key bit. 3/8
"seismologist" = 1,322 trigonal (ie. Military Industrial Complex)
"seismologists" = 181 = "fire breathing dragon"
"AAA: seismologists" = 1776 trigonal (I've posted about this numbedate a few times very recently)
"AAA: seismologists" = 321 bacon
This spelling is an obfuscation, however:
"size-mologists" = 188 = "Bavarian Illuminati"
"size-mologists" = 188 = "Alphabet Conspiracy"
quotes the key bit
...and 'S' is special: "aftershock" = 106 = "magic number" = 106 = "the number" = 106 = "prophecy" See the upside down 419 scam:
Jeffrey Lewis thinks this whole thing is overblown:
No, North Korea’s nuclear test mountain did not collapse. (A note in place of the short thread I will write after I drop my children at school.) — Jeffrey Lewis (@ArmsControlWonk) April 25, 2018
Nickel summary: one cavern collapsed, but there are others.
Nick-El Old Nic The God Satan one cavern collapsed, but there are others. ... You heard the man, fellow Abjurers, go root out the remaining tunnel rats... (warning: they're gross) You heard the man, fellow Abjurers, go root out the remaining cyphers ... (he is implying more keys remain to be found) ...But that's if you want to believe a member of The School of the Circle:
Two very plausible explanations for their site closure spring to mind, in addition to "it's ruined": 1) They're lying and the site is not closed. Lying and doing the exact opposite of what they promised to do is literally their MO 2) They proved their design works so there's no point wasting more fuel repeating the test Both of those are equally as likely as that the site has been completely destroyed. And a whole lot more likely than "and all the scientists and production facilities that were right there in the tunnel where the bomb was about to go off were destroyed as well!"
He waited for the questions, and for the next two hours, there were plenty of them. The word risk came up. The most dramatic comment came from computer science professor and cryptographerEran Tromer. With the flair of HerculePoirot revealing the murderer, he announced that he’d discovered a weakness. He spun a wild scenario involving a stolen phone, a second hacked phone, and a bank robbery. Ozzie conceded that Tromer found a flaw, but not one that couldn’t be fixed.
RISK this I pointed out a little while back: R.I.S.K 126.96.36.199
At the end of the meeting, Ozzie felt he’d gotten some good feedback. He might not have changed anyone’s position, but he also knew that unlocking minds can be harder than unlocking an encrypted iPhone...
...Still, he’d taken another baby step in what is now a two-years-and-counting quest.
Shutting down or restricting the uses of bank accounts, thereby forbidding clients to buy crypto, is a blatant affront to the rights of civil liberty, manifested, but not limited to, in the rights to private property and free speech (562 points, 262 comments)
I believe Bitcoin Core/Blockstream is now attempting to infiltrate Bitcoin Cash in the same manner that they did with Bitcoin Segwit. They are suddenly befriending Bitcoin Cash. Only in that way can they destroy from within. Do not be fooled. (401 points, 166 comments)
You have $100 worth of BTC. So you purchase an item for $66, but have to pay a $17 fee. Now you have $17 worth of Bitcoin left, but it costs $17 more to move it. So $66 item effectively cost you $100. #Thanks BlockStream (1420 points, 433 comments)
2025 points: kairepaire's comment in As of today, Steam will no longer support Bitcoin as a payment method
2018 points: vbuterin's comment in "So no worries, Ethereum's long term value is still ~0." -Greg Maxwell, CTO of Blockstream and opponent of allowing Bitcoin to scale as Satoshi had planned.
1215 points: vbuterin's comment in Vitalik Buterin tried to develop Ethereum on top of Bitcoin, but was stalled because the developers made it hard to build on top of Bitcoin. Vitalik only then built Ethereum as a separate currency
1211 points: LiamGaughan's comment in As of today, Steam will no longer support Bitcoin as a payment method
[PSA] If your Bitcoin are not ready-to-transact in a wallet whose keys you exclusively control, then you don't control your Bitcoin (625 points, 216 comments)
Why us old-school Bitcoiners argue that Bitcoin Cash should be considered "the real Bitcoin" (585 points, 587 comments)
I think we need an EDA fix before the Nov hardfork (535 points, 346 comments)
Why large blocks: because one man's "coffee purchase transaction" is another man's monthly income (508 points, 104 comments)
There is a word for a "store of value" with no underlying utility, and that word is "collectible" (481 points, 171 comments)
Ripple user comes to defend Ripple, gets hundreds of upvotes, but can't answer the most fundamental question: what prevents inflation? (462 points, 407 comments)
If you don't agree that the mission is to make onchain transactions readily available to ALL people at ALL income levels then you don't understand the whole reason Bitcoin was invented to begin with (449 points, 203 comments)
Shutting down or restricting the uses of bank accounts, thereby forbidding clients to buy crypto, is a blatant affront to the rights of civil liberty, manifested, but not limited to, in the rights to private property and free speech (563 points, 262 comments)
I believe Bitcoin Core/Blockstream is now attempting to infiltrate Bitcoin Cash in the same manner that they did with Bitcoin Segwit. They are suddenly befriending Bitcoin Cash. Only in that way can they destroy from within. Do not be fooled. (405 points, 170 comments)
You have $100 worth of BTC. So you purchase an item for $66, but have to pay a $17 fee. Now you have $17 worth of Bitcoin left, but it costs $17 more to move it. So $66 item effectively cost you $100. #Thanks BlockStream (1427 points, 434 comments)
2028 points: kairepaire's comment in As of today, Steam will no longer support Bitcoin as a payment method
2019 points: vbuterin's comment in "So no worries, Ethereum's long term value is still ~0." -Greg Maxwell, CTO of Blockstream and opponent of allowing Bitcoin to scale as Satoshi had planned.
1210 points: vbuterin's comment in Vitalik Buterin tried to develop Ethereum on top of Bitcoin, but was stalled because the developers made it hard to build on top of Bitcoin. Vitalik only then built Ethereum as a separate currency
1205 points: LiamGaughan's comment in As of today, Steam will no longer support Bitcoin as a payment method
A few days ago a crypto currency exchange has been shutdown by the us government and a lot of innocent people lost a lot of money in the process. we need our money back! The btc-e domain was seized yesterday by the US government following a money laundering case about Vinnik through the BTC-e cryptocurrency exchange. -0.138356 51.508990 W1J 0HF Insolvency Act 1986-0.177886 51.612881 N12 8LY The City and County of the City of London The City of Westminster 2018-02-19 2018-03-20 2018-03-21 2018-02-06 2018-02-22-0.110291 51.515771 EC4A 1NL The London Borough of Barnet TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, [email protected] 2975678 62211 We are here to report the latest news on new products and business that relates to government regulation of bitcoin worldwide. Bitcoin Price On $2 Trillion Stimulus Agreement Inches Higher to $6.7K On March 25, Bitcoin (BTC) price is raising beside U.S. equities markets, which yesterday marked a memorable 11%+ rise on news of a potential multi ... In 2006 the UK government implemented a website for 'e-petitions' to streamline the process of petitioning the government on specific issues. The problem I have with this system is that the most signed petitions in history have all failed to produce a change of direction by the government. Below is the Response of the Petitions Team of the British parliament concerning the petition, calling for Netanyahu. ’s arrest, signed by more than 108,000 British citizens and residents.. It was sent out at 9.40pm GMT on September 8, 2015. It has all the appearances of a “fast track decision” taken on the 8th of September, one day before the scheduled arrival of Israel’s Prime ...
💥💥💥CAN ANYONE BECOME FINANCIALLY FREE IN 2019⁉️💥💥💥 ( FREE gift in the description - https://www.property-investors.co.uk/ ) WELCOME TO THE ... Get our free Bitcoin course here - https://chrisdunn.com/free-bitcoin-course This Bitcoin basics video series will explain Bitcoin for beginners. You'll lear... The traditional market is being manipulated and propped up so the rich can exit. Those are Robert Kiyosaki's words of the Rich Dad, Poor Dad Series. In thi... Microsoft Accepts Bitcoin, UK Introduces Google Tax, & Lending Club Announces IPO Money & Tech ... the tax is slated to bring in almost $2 billion dollars in government revenue over the next five ... HMRC has released new guidance around the tax treatment of cryptocurrencies for British invesors. There are no huge surprises there, but there are some addit...