SCAM Crypto.com & Metropolitan Commercial Bank

[phloydius]

The few financial experts I have talked to that are old school, are skeptical on CBDC and crypto currencies.

Skepticism is good, important, and critical. I remember hearing people say that things like computers, internet, and cell phones were fads and that the bottom would fall out of them and not to invest in them. However, I also remember people saying that pet rocks and beanie babies were fads and that the bottom would fall out of them and not to invest in them.

 

[knowzone]

I try to approach things from every angle. All possibilities and all approaches considered. The few financial experts I have talked to that are old school, are skeptical on CBDC and crypto currencies. That skepticism mirrors the 1920s build up to the market crash where the younger folks were investing in the latest thing and then the bottom fell out of the market. In a psych unit at a prior job when they did the 2008 bail-ins the old timers in the geriatric side said that is how the collapse started that ended in 1929.

Hard money guy here since 1979.

"Rigidity is Death" = "if", is the BIGGEST word, in the middle of L-if-e.

Timing is the key element.
Loss of Fear = emergence.

kz

PS. My link to Uphold.com, furnished in the video some posts above, Has my affiliate id. I do not work for Uphold, simply an appreciative customer with them the past few years. I furnished the link due to relevancy of the subject matter. Under the terms, anyone using it gets a signup bonus, I get whatever. I haven't bothered to cipher it out.

FWIW: In the Land of the Free, Where we have "regulators" such as GG at the SEC, jammin it to the unknowing populace, in the name of protection, by restricting access, defaming and personally choosing as opposed to the marketplace choosing "who shall win, who shall lose", Uphold, has remained steadfast in allowing Americans access to the investments they choose.

DyoDD

kz

 

[knowzone]

Just received this earlier today. Moving very quickly here as the scumsuckers tighten the noose in 'merica.

"Kicking off in 2 days, Coinbase will introduce some changes required by local regulations. Specifically, when you send crypto outside of Coinbase, we are required to ask you for the name and physical address of the recipient and the purpose of transfer. This allows us to verify that you control the Coinbase Wallet that is receiving the crypto assets, which is a requirement under the new regulations. You have 2 days left to do this before deposits, trading and withdrawaIs are shut down."
​

kz

 

[phloydius]

Just received this earlier today. Moving very quickly here as the scumsuckers tighten the noose in 'merica.

"Kicking off in 2 days, Coinbase will introduce some changes required by local regulations. Specifically, when you send crypto outside of Coinbase, we are required to ask you for the name and physical address of the recipient and the purpose of transfer. This allows us to verify that you control the Coinbase Wallet that is receiving the crypto assets, which is a requirement under the new regulations. You have 2 days left to do this before deposits, trading and withdrawaIs are shut down."
​

kz

Where did you get this message? Is it the same as this message from about 10 months ago?

"Starting on June 27, Coinbase will introduce some changes required by local regulations. Specifically, when you send crypto outside of Coinbase, we are required to ask you for the name and physical address of the recipient and the purpose of transfer. In certain cases we may require you to link a Coinbase Wallet to your main Coinbase account in order to send crypto assets off the Coinbase platform. This allows us to verify that you control the Coinbase Wallet that is receiving the crypto assets."​

I also found very similar wording from April 2022 in reference to Canada.

 

[knowzone]

Just got this message as posted, less than half an hour ago.
Follow the goings on. No surprise here.

kz

 

[phloydius]

Just got this message as posted, less than half an hour ago.
Follow the goings on. No surprise here.

kz

I understand you got the message, I'm asking who sent the message. Did it come directly from Coinbase to you or from someone else like a blogger or youtuber, etc.?

 

[knowzone]

Ya know what, I stand corrected. After you mentioned June 27, I looked at the address:

backingjeneeboothebeauty@jeneeboothebeauty.com

Scum suckin doggggggs.



kz

 

[The Cub]

What kind of US Federal Tax implications and bookkeeping issues have you incurred with cryptos and the various Exchanges and their bookkeeping?

 

[Loretta Van Riet]

What kind of US Federal Tax implications and bookkeeping issues have you incurred with cryptos and the various Exchanges and their bookkeeping?

For the filing year of 2021 I learned the hard way what a "realized gain" meant. I knew I would have to pay taxes on my sales, but did NOT understand that the "alt coins" I aquired by "exchanging" my Bitcoin, also is considered a sale, a "realized gain".
That year my gains were on "Coinbase" and "Binance.us". You find your reportable tax stuff by loging in to your account. I highly recommend purchasing one of the Crypto "tax applications".

View several "how to do crypto taxes videos" on you tube. Such as ...

View: https://www.youtube.com/watch?v=HsUqtiOPLA4

View: https://www.youtube.com/watch?v=d8kGs_UNBWU


The crypto-tax apps make it so much easier to prepare the 1099 form to give your tax guy. (My Tax guy THANKED me profusely.)

I found it irritating that one Exchange would use PDF files, then another would use CSV.

Don't get discouraged. It really wasn't that bad once I learned I made a big boo-boo. (and fixed it by filing time)

Definetly saved my self an IRS audit.

 

[Tristan]

They always gonna get their cut...

 

[The Cub]

Crypto.com is going to have to find another back to clear transfers for them. Who is going to want to wire funds through Metropolitan, now?

NOTE: THE ARTICLE IS FULL OF SCREENSHOTS, ET AL THAT WILL NOT COPY HERE.

Update: Regional Bank Stocks Are Crashing After Hours – PacWest Down 56%%, Western Alliance Down 30%, Metropolitan Down 20%​

by Jim Hoft May. 3, 2023 8

Update: Regional Bank Stocks Are Crashing After Hours - PacWest Down 56%%, Western Alliance Down 30%, Metropolitan Down 20% | The Gateway Pundit | by Jim Hoft

Federal Reserve Chair Jerome Powell said Wednesday that the period of bank failures that have rattled markets and the economy has come to an end.

www.thegatewaypundit.com