Look at this cunt
Crypto Currency - Believers Only
15 days later
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Lol, what a story this is - talk about government ineptitude:
"
Sweden’s government is being forced to pay out more than £1m to a jailed drug dealer after bitcoin he amassed through illegal online sales massively appreciated while he was in custody.
Prosecutor Tove Kullberg successfully argued in court that the man should be stripped of his illegally earned bitcoin, in court valuing his crypto stash at 1.3m Swedish kronor (£100,000).
“It is unfortunate in many ways,” she told Swedish Radio. “It has led to consequences I was not able to foresee at the time.”
By the time the Swedish Enforcement Authority began auctioning off the 36 bitcoin, they had appreciated in value tenfold, meaning only three had to be sold to generate the amount demanded.
The authority now has to return the remaining 33 bitcoin, worth about £1.1m, to the man, even though Kullberg only two years ago meticulously detailed how he had earned it through selling drugs.
“The lesson to be learned from this is to keep the value in bitcoin, that the profit from the crime should be 36 bitcoin, regardless of what value the bitcoin has at the time,” Kullberg said.
She pointed out that the case was one the first in Swedish legal history where cryptocurrency had been seized and that there was at the time no established precedent on how to treat bitcoin profits in court.
“I think we should probably invest in an internal education in the [prosecution] authority, as cryptocurrency will be a factor we’ll be dealing with to a much greater extent than we are today. The more we increase the level of knowledge within the organization, the fewer mistakes we will make.”
"
https://www.telegraph.co.uk/world-news/2021/08/20/sweden-pays-drug-dealer-1m-seizing-bitcoin/
Lol.
Fucking lol.
The market is pumping nicely again, ADA is mooning with the imminent arrival of smart contracts in September, and also trading going live in Japan next week.
Matip to be top scorer this season
Doubt you’d ever find out mate. There’s not a screen wide enough for all the zeros
What’s everyone using to purchase their crypto app wise?
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Don’t use coinbase. Use ‘coinbase pro’.
I have no idea why but Coinbase pro is like a shit prototype version of coinbase in every way except the percentage fees it charges for usage are lower than coinbase.
You can connect your wallets across the two and transfer instantly so not much reason to not buy on pro and just use the ordinary version for browsing.
What are peoples thoughts on which crypto to invest into st the moment? I have a bit in Bitcoin and ADA
I’ve doubled my investment in ADA and excited to see where it goes in the next few months. Some people better informed than I reckon it’ll eventually flip Ethereum. Some scenes if that happens.
RichM Yeah its tough as loads of idiots were calling for a bear market and impending doom, spreading FUD left right and centre, which allowed the whales to accumulate more from all the weak hands who sold. Its a cruel game but it doesn’t take long to understand the truth in the saying ‘buy the dips’ as long as the project is solid like Cardano, Solana, etc.
Most people FOMO in when an asset is mooning and therefore lose out when it dips and they panic sell, believing the bullshit on twitter