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Re: Starmer’s chronicles
Riddle me this, Mr Capitalist, if someone paid you a one off £5m, and someone else pays £96k a year plus expenses elsewhere, which paymaster are you more likely to do bidding for today?
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Re: Starmer’s chronicles
I would sell out for £5 million to be fair, gimme gimme gimme.
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---------- Post added at 10:33 ---------- Previous post was at 10:30 ---------- Quote:
Political party funding isn’t quite as bad as handing over money to individuals - lots of that will just be flushed down the loo in campaigning and day to day activities there won’t be many making proper coin out of it individually. Unless you’re Peter Murrell I guess. |
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If he ever goes to the Lords, his title will be the Count of Dodgy Crypto… |
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Re: Starmer’s chronicles
Maybe he invested all that Crypto in a 'get even richer faster' scheme (scam) and has lost it all. I wouldn't like to stand up and tell people that had happened :D
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Re: Starmer’s chronicles
At least a banana republic has bananas :D
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The main reason I can find for Farage not backing and wanting to stop the Bank of England from generating it's own "Stable Coin" is because in doing so, you would be required to: 1: Hand over all your privacy on usage of the coin because it would be tracked 2: Require Digital ID to purchase and Spend 3: Be able to be removed from you at a moments notice because you would be forced to use a "UK Government" created wallet 4: Be restricted to only "Government Approved" merchants 5: Be Linked to the value of the Euro not the pound because the EU wouldn't allow a "Britcoin" to be used in the EU without it being linked to the price of the Euro. I am sorry but the whole reason behind Crypto is to be away from the central banks, the governments over reach and spying, the ability to obtain it without purchasing and many other things. I would not trust the UK Government no matter which party it was with control over that, I don't even trust them with my money as it is but have practically no choice but to allow them to see into my bank, what I am spending money on etc just like every other person in this country. Sorry but Farage is right to not want a Britcoin, but if he tries to push Tether as a coin for the UK, he will be wrong for that, the same if they tried to push XRP and others. |
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It's not difficult to trace a Crypto transaction after all, when you move funds, each time you do it, there is an entry to a ledger, it doesn't matter who own's the currency etc there is just a transaction ID linked to the funds from "Wallet A to Wallet B" and all you need to know is one end of that Transaction and you have the whole trail. Crypto get's used for all sorts of things, yes bad things, some very very very bad things, but those sorts of things also get purchased with real cash, bank transfers, jewels etc, it can always be traced, unless you are using something like "Uncut raw diamonds" and other stones/gems which makes it more difficult but still not impossible to someone with the ability to trace them via minerals etc in the stones. People give Crypto a hard time because they don't understand or don't like it because Governments cannot control it as easily or typically as easy as they can with cash and other forms of currency. My only issue with Crypto is the volatility of the price, with the likes of Bitcoin hitting over $100k per coin and now down at what $80k a coin??, imagine buying 100 coins at $90k each and losing $10k on each, and with the way the Governments of the world are going, it's going to go down even further because of Net "let's destroy the global economies" Zero. This is why when/if I ever manage to find a company willing to give me a job with permanent home working due to medical issues and caring responsibilities, I will start buying £100 worth of Gold every month because when the Governments cripple the economies which is going to happen and cash become worthless which is going to happen, I will have something that will be worth something. |
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Crypto tends to go up & down at the behest of Musk and his crypto mates.
It's like buying shares, you never know when some big business mogul is going to shaft you ;) |
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