Post New Article

China says all crypto transactions illegal;
Bitcoin tumbles

Original Article

Posted By: Dreadnought, 9/24/2021 2:05:27 PM

Beijing — China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Friday’s notice complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money-laundering and other crimes. “Virtual currency derivative transactions are all illegal financial activities and are strictly prohibited,” the People’s Bank of China said on its website.

Post Reply

Reply 1 - Posted by: red1066 9/24/2021 2:29:06 PM (No. 925254)
This is China's response to the defaulting of Evergrande. Bitcoin can't be controlled by government like the nation's currency. Look for Biteme to copy China's move. It's the type of control that Marxists like.
5 people like this.

Reply 2 - Posted by: DougTN 9/24/2021 2:58:51 PM (No. 925286)
I always been conflicted about virtual currency. On one hand I like the idea of transactional privacy. On the other the crazy valuations made no sense and seemed irrational. I wonder if this will be the end of crypto?
2 people like this.

Reply 3 - Posted by: smokincol 9/24/2021 3:34:29 PM (No. 925306)
the Chicoms are testing the waters to see how 1.) what they say and 2.) what they do can/will effect the current financial situations around the world. - these people are very, vey smart about virtually everything going on in the world and we have diapers and his scurrilous gang of amateurs administering our country - we are definitely at a loss for leadership level people in our government but the bad part about this whole scenario is that, we financed (ie: nixon & the profiteers who followed him) the rise of the Chinese Communist Party years ago and now it's biting us in the behind - if money wasn't so damn important I wouldn't care one scintilla but I have to live and that takes money so, I have to care..
2 people like this.

Reply 4 - Posted by: snowoutlaw 9/24/2021 4:01:20 PM (No. 925331)
I never could see a purpose for bitcoins except to get around tax and other laws.
3 people like this.

Reply 5 - Posted by: BeatleJeff 9/24/2021 4:10:59 PM (No. 925344)
Cryptos are the latest variation on a Ponzi Scheme.
4 people like this.

Reply 6 - Posted by: RuckusTom 9/24/2021 4:30:44 PM (No. 925359)
With Biden and Pelosi's $3.5 - $5.5 trillion dollar spending package, getting our national debt up to $31 - $33 trillion, there's no way countries using or have an interest in using the US $ as an exchange currency are going to put up with the threat (from Bitcoin) of another currency being used. Why? All those dollars floating around would come back home and we'd have both massive inflation and interest rates. There's a huge difference between 1% interest on $33 trillion and 10 or 20%. In this case China does not want it's largest trading partner to go under.
2 people like this.

Reply 7 - Posted by: JHHolliday 9/24/2021 5:30:16 PM (No. 925394)
'complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money-laundering and other crimes'. Every now and then the Chicoms tell the truth. I always felt it was a way to hide money from the tax man. If the use of bitcoin continues to grow I can see other governments doing the same.
0 people like this.

Reply 8 - Posted by: SkeezerMcGee 9/24/2021 5:43:45 PM (No. 925409)
It seems logical to assume that many governments, including the United States, will ban virtual currencies, or at least try to eliminate the anomymity (which may be impossible). They facilitate many types of crimes and can possibly be a threat to a country's financial and military security.
0 people like this.

Reply 9 - Posted by: Scribelus 9/24/2021 6:43:50 PM (No. 925456)
Looking for the Greater Fool? Try crypto currencies investor lists.
0 people like this.

Reply 10 - Posted by: LC Chihuahua 9/24/2021 6:51:57 PM (No. 925464)
Guessing China has a thriving black market economy using Bitcoin, and the Chinese government wants a piece of it. The Chinese economy has hit hard times after all.
1 person likes this.

Reply 11 - Posted by: Faithfully 9/24/2021 10:03:03 PM (No. 925614)
...them and the horses they rode on too.
0 people like this.

Reply 12 - Posted by: 4Justice 9/25/2021 2:48:54 AM (No. 925743)
Authoritarian tyranny is criminal activity!!
0 people like this.

Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Dreadnought"
China welcomes Huawei executive home,
Trudeau hugs Canadians freed by Beijing
2 replies
Posted by Dreadnought 9/25/2021 1:56:17 PM Post Reply
Shenzhen, China/Toronto - Huawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China and the two western allies. Meng, the daughter of Huawei Technologies founder Ren Zhengfei, was allowed to go home after reaching an agreement with U.S. prosecutors on Friday to end a bank fraud case against her. The extradition drama has been a central source of discord between Beijing and Washington, with Chinese officials signalling that the case had to be dropped
CDC alert to medical professionals: Afghan
refugees may spread infectious diseases
42 replies
Posted by Dreadnought 9/25/2021 1:23:07 AM Post Reply
It seems like this warning from the CDC shouldn’t be necessary yet the agency issued an alert to medical professionals to be on the lookout for Afghan refugees with infectious disease symptoms. A few cases of infectious diseases for which most Americans are vaccinated have started popping up among the Afghan evacuees recently brought into the United States. The CDC posted an announcement on its website warning medical professionals and staff of the possibility of Afghan refugees bringing infectious diseases like measles, mumps, and rubella into the country during their evacuation. Most Americans have been vaccinated against all those diseases.
Republicans' Chances for a Senate Takeover
Just Got Much Better
13 replies
Posted by Dreadnought 9/25/2021 1:20:25 AM Post Reply
At age 88, most Iowans would be sitting in a rocker on their front porch listening to the corn grow and watching their great-grandchildren at play. But Senator Chuck Grassley has a different idea. The seven-term senator has been listening to the importuning from national Republicans to run for what would most assuredly be a slam-dunk eighth term and has decided to grant them their wish. There are no major league professional sports teams in Iowa. There are some good college football programs at Iowa State in Ames and in Iowa City, where the state university plays. But the closest Iowans get to the major leagues is their iconic Senator Chuck Grassley.
Biden Insults American Press and Shuts
Down Indian PM From Taking Questions During Meeting
32 replies
Posted by Dreadnought 9/25/2021 1:18:39 AM Post Reply
We’ve reported about how Joe Biden’s staff has gone to great lengths to prevent him from answering questions. His meeting with U.K. Prime Minister Boris Johnson at the White House was a great example of this. Johnson took some questions from the British press. But as he was finishing up, the Biden staffers interrupted him, screaming at the top of their lungs at the press to get out, creating all kinds of chaos. The press then filed a complaint with White House Press Secretary Jen Psaki. She basically treated them like dirt and like their objections meant nothing. Then,
A Winning Week for Governor Ron DeSantis
Ends on a High Note
9 replies
Posted by Dreadnought 9/25/2021 1:16:32 AM Post Reply
Florida Governor Ron DeSantis has made some news this week, and the best part is that he hampered the Biden administration. After Florida saw success from an early COVID-19 treatment program–namely, infusion centers providing monoclonal antibodies–the Department of Health and Human Services mysteriously decided to centralize the distribution of Regeneron. DeSantis then announced that Florida had made a deal with UK-based monoclonal antibody company GlaxoSmithKline. The company’s formulation of sotrovimab was given an emergency use authorization by the FDA but not put on a federal purchase agreement.
After Weeks of Promises in the Press,
Where Are the Football Super-Spreader Events?
8 replies
Posted by Dreadnought 9/25/2021 1:10:42 AM Post Reply
There may be no better illustration that the press abhors positive pandemic news than the reality that America is returning to normalcy in a relatively safe fashion. This month, both college and professional football teams returned to the field of play. The difference — the fans were also permitted to return to their seats and cheer their teams on, and this upset plenty of the correct people. Throughout the media, we had commentary on the dangers this posed, with hectoring voices noting how few of those in attendance had masks on. One of the more amusing comments was seen on CNN, where Ana Cabrera was clearly shaken
Joe Biden Declares War on Border Patrol 11 replies
Posted by Dreadnought 9/25/2021 1:05:27 AM Post Reply
Despite the fact that the photos of migrants allegedly being whipped by Border Patrol agents have been debunked by the man who took them, some news outlets are clinging to the story that agents were riding migrants down like Cossacks. Of note, the photographer’s statement is oddly missing from the CNN website. Although they did include the president’s remarks about the story-that-wasn’t-there. Huh. Who’d a thunk it? After all, why tell the truth when there are fires and egos that need to be stoked by a generous helping of gasoline? By now, you likely know that on Friday, Joe Biden commented: “To see people treated like they did, horses barely
China says all crypto transactions illegal;
Bitcoin tumbles
12 replies
Posted by Dreadnought 9/24/2021 2:05:27 PM Post Reply
Beijing — China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Friday’s notice complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money-laundering and other crimes. “Virtual currency derivative transactions are all illegal financial activities and are strictly prohibited,” the People’s Bank of China said on its website.
Ignore the MSM: Here’s What the 2020
Maricopa County Election Audit Actually Says
18 replies
Posted by Dreadnought 9/24/2021 1:41:25 PM Post Reply
A draft copy of the 2020 Maricopa County election audit has been leaked to KJZZ, a Phoenix-based radio station. The validity of the draft report they obtained was confirmed by audit spokesman Randy Pullen, who said, “It’s not the final report, but it’s close.” The media is already spinning the findings of the audit. “The partisan review of Maricopa County’s 2.1 million ballots cast in the 2020 election found a vote count nearly identical to what the county had previously reported,” CNN reported. Like other liberal outlets, CNN focused on the results of the hand-recount part of the audit. As we know, hand recounts may account for slight discrepancies
Biden: Those mounted Border Patrol agents
will pay for, er, doing their job
12 replies
Posted by Dreadnought 9/24/2021 1:21:42 PM Post Reply
“Those people will pay,” Joe Biden promised, making the Border Patrol a bigger target for the president than the Taliban, apparently. Biden got confronted in his presser this morning over the border crisis, with one reporter pressing him to explain how his promises of humane treatment square with the images seen from Del Rio. Biden seized on the misinformation about alleged whippings by the Border Patrol’s mounted units, promising “consequences” for the agents in question: Our pal Guy Benson notes the contrast between Biden’s assessment of American law enforcement and the “business”-minded people currently reinstating amputations in Afghanistan:
Paper of un-Record: NYT stealth edits
out blaming "influential lobbyists
and rabbis" for AOC's vote switch
on Iron Dome
6 replies
Posted by Dreadnought 9/24/2021 12:08:38 PM Post Reply
A funny thing happened on the way to the accountability forum for the New York Times. In attempting to explain why Alexandria Ocasio-Cortez broke out in tears after changing her vote on Iron Dome funding from nay to present, the NYT reported that a great deal of pressure had been brought to bear on House Democrats. Who applied that pressure? It depends on which version of the New York Times report you read. This was the first take: It was the “influential … rabbis” that made AOC cry and forced her to vote present on bill that passed with, er, 420 votes?
Biden Lashes Out at Mounted Del Rio Border
Patrol Agents: ‘Those People
Will Pay’
49 replies
Posted by Dreadnought 9/24/2021 11:26:23 AM Post Reply
President Biden slammed Border Patrol agents filmed on horseback attempting to stop migrants from crossing the Rio Grande into Texas, saying they would “pay” for their actions. “It was horrible to see what you saw, to see people treated like they did—horses barely running them over people being strapped,” Biden said at a press conference at the White House on Friday. “It’s outrageous. I promise you those people will pay.” Biden added, “There will be consequences. It’s an embarrassment. But beyond an embarrassment is dangerous, it’s wrong.”
Most Active Articles (last 48 hours)
Biden Lashes Out at Mounted Del Rio Border
Patrol Agents: ‘Those People
Will Pay’
49 replies
Posted by Dreadnought 9/24/2021 11:26:23 AM Post Reply
President Biden slammed Border Patrol agents filmed on horseback attempting to stop migrants from crossing the Rio Grande into Texas, saying they would “pay” for their actions. “It was horrible to see what you saw, to see people treated like they did—horses barely running them over people being strapped,” Biden said at a press conference at the White House on Friday. “It’s outrageous. I promise you those people will pay.” Biden added, “There will be consequences. It’s an embarrassment. But beyond an embarrassment is dangerous, it’s wrong.”
Pelosi Cheers as Dems Pass Radical Abortion
Without Limits Bill – Legalizes Partial
Birth Abortion, Dismembering Babies, Lifts
All Restrictions
44 replies
Posted by Imright 9/25/2021 1:47:29 PM Post Reply
Democrats passed the most radical pro-abortion bill in history on Friday — as Americans remain stranded in Afghanistan and the US southern border remains wide open to unvaccinated illegal aliens. The new law legalized partial-birth abortion, dismembering babies, decapitating babies, and targeting babies in the womb for any reason.And Nancy Pelosi cheered. (Photo) The U.S. House passed a radical pro-abortion bill Friday that would force states to legalize the killing of unborn babies in abortions without limits up to birth nation-wide.
CDC alert to medical professionals: Afghan
refugees may spread infectious diseases
42 replies
Posted by Dreadnought 9/25/2021 1:23:07 AM Post Reply
It seems like this warning from the CDC shouldn’t be necessary yet the agency issued an alert to medical professionals to be on the lookout for Afghan refugees with infectious disease symptoms. A few cases of infectious diseases for which most Americans are vaccinated have started popping up among the Afghan evacuees recently brought into the United States. The CDC posted an announcement on its website warning medical professionals and staff of the possibility of Afghan refugees bringing infectious diseases like measles, mumps, and rubella into the country during their evacuation. Most Americans have been vaccinated against all those diseases.
Mitch McConnell Dismisses Trump as a ‘Fading
Brand’: ‘Sucking Up’
to Him ‘Not a Strategy That Works’
38 replies
Posted by Come And Take It 9/24/2021 1:06:10 AM Post Reply
Senate Minority Leader Mitch McConnell is warning the Republican Party that staying in former President Donald Trump’s thrall will not lead to a viable political future. The Lexington Herald-Leader obtained a preview of Peril, the upcoming book from Bob Woodward and Robert Costa that has already produced a multitude of explosive details on Trump’s last days in office. According to the new excerpt, McConnell is encouraging the GOP to move away from Trumpism, calling the ex-president “a fading brand. Retired. OTTB as they say in Kentucky — off-the-track Thoroughbred.” “There is a clear trend moving,” McConnell said. “Sucking up to Donald Trump is not a strategy that works.”
Man, 20, and woman, 23, are arrested after
cops find 21kg of carfentanil - enough
to kill 50 MILLION people: Powerful sedative
is 100 times more potent than fentanyl
36 replies
Posted by Imright 9/24/2021 8:37:49 PM Post Reply
Police arrested two people after finding 21 kilograms of the highly-toxic drug carfentanil – enough to kill 50 million people – inside a Southern California home.The synthetic opioid, which is 100-times more potent than fentanyl, is typically used to sedate elephants and other large mammals.Andres Jesus Morales, 20, and 23-year-old Christine Ponce were charged with four felonies for possession for sales of fentanyl, cocaine, and heroin. Both pleaded guilty during an arraignment yesterday and were held without bail. They're due to appear in court again November 9.
They Caught Them and the Crowd Cheered!!
AZ Audit Team Caught Maricopa County Officials
Deleting Computer Election Files — Video
33 replies
Posted by Imright 9/24/2021 8:28:54 PM Post Reply
They Caught Them! AZ Audit Team Caught MARICOPA COUNTY Deleting Files And The Crowd Cheered..Ben Cotton shared the IT results from the audit of the 2020 Election Results in Maricopa County. During his presentation, he noted that files were deleted by those involved in the election. But then Cotton noted that his team was able to identify the time stamps for when the files were messed with and from that We have captured screen shots of Maricopa County people at the keyboards during those time periods.”
Why Aren’t Americans Protesting in the Streets? 33 replies
Posted by bad-hair 9/24/2021 5:25:30 AM Post Reply
Here’s a question for any American who is capable of thinking past next week: Why, in the ever-loving hell, are you not out in the streets, protesting peacefully against what the Democrats in Washington are trying to do to the federal budget? (snip photo) Seriously, what is wrong with you? Why aren’t you calling for town halls? Why aren’t you forming committees? Why aren’t you calling Congress and demanding that it stop? Judging by its current behavior, the federal government has decided to completely give up on reality.
Biden Insults American Press and Shuts
Down Indian PM From Taking Questions During Meeting
32 replies
Posted by Dreadnought 9/25/2021 1:18:39 AM Post Reply
We’ve reported about how Joe Biden’s staff has gone to great lengths to prevent him from answering questions. His meeting with U.K. Prime Minister Boris Johnson at the White House was a great example of this. Johnson took some questions from the British press. But as he was finishing up, the Biden staffers interrupted him, screaming at the top of their lungs at the press to get out, creating all kinds of chaos. The press then filed a complaint with White House Press Secretary Jen Psaki. She basically treated them like dirt and like their objections meant nothing. Then,
Female American soldier reports being
assaulted by three male Afghan refugees
being housed at Fort Bliss in New Mexico
32 replies
Posted by Ribicon 9/25/2021 1:12:17 AM Post Reply
The FBI has opened an investigation into the assault of a female solider by several male Afghan refugees at the US Army's Fort Bliss base, in New Mexico. The alleged assault took place on Sunday, at around midnight, when at least three men allegedly attacked the soldier near her car after she arrived for work at the Dona Ana Complex, which had been accepting refugees airlifted out of Afghanistan are housed, ABC 7 reports.(Snip)The solider has received medical care and counseling following the assault. She was reported to have recovered from her physical injuries. Payne added that more security measures, including improved lighting and enforcing 'buddy system,'
Republican Review of Arizona Vote Fails
to Show Stolen Election
32 replies
Posted by NHGuy 9/24/2021 8:28:03 AM Post Reply
After months of delays and blistering criticism, a review of the 2020 election in Arizona’s largest county, ordered up and financed by Republicans, has failed to show that former President Donald J. Trump was cheated of victory, according to draft versions of the report. In fact, the draft report from the company Cyber Ninjas found just the opposite: It tallied 99 additional votes for President Biden and 261 fewer votes for Mr. Trump in Maricopa County, the fast-growing region that includes Phoenix.
Heartbreaking Letter from Jan. 6 Prisoner
in Solitary Confinement! DC Gitmo
Violates International Codes
on Torture
32 replies
Posted by ladydawgfan 9/24/2021 12:51:37 AM Post Reply
Jonathan Mellis, a detainee from January 6th, wrote us from solitary confinement last week. Mellis has been detained without bond since his arrest in February. In May, U.S. District Judge Emmet Sullivan denied his request to be released from custody for a week so he could attend his father’s funeral. Here is the direct letter from Jonathan Mellis addressing the American people: “My name in Jonathan Mellis. I am a January 6 Capitol detainee being held in the DC jail. In the last 7 months I have experienced and witnessed the most inhumane and hateful treatment of my 34 years of life.
FDA Employee Caught on Tape Advocating
for Nazi-Like Registry for Unvaccinated,
and Shooting Blacks With
COVID Blow Darts
31 replies
Posted by Come And Take It 9/24/2021 1:13:46 AM Post Reply
A U.S. Food and Drug Administration (FDA) employee was caught on tape advocating for a Nazi-like response to the COVID-19 pandemic, with forced vaccinations, and a registry for all unvaccinated Americans. In Part Two of Project Veritas’ COVID vaccine investigative series, FDA economist Taylor Lee literally called for the United States government to emulate Nazi Germany to force the COVID injections on vaccine skeptics.
Post New Article