Oddbean

They can’t close it down but they sure as hell can tag you and bag you for transacting, crush parallel economies, close on/off ramps, regulate your qualified account holdings. Easy work in an era of AI policing….especially after CBDC rolls out via the next crisis. Even Saif and Grommen have said (paraphrasing) “ you better make an allocation you’re comfortable having locked up for a period of time”. Hmm.

I just finished watching three hours of testimony .. these guys are so far away from ground realities.. it is like big stores of early internet days who wanted to shut down online retail cuz there was no sales tax on online txns .. .. so ripe to be disrupted ..

JPMorgan Chase & Co. has faced numerous criminal charges and paid substantial fines over the years. Some of the significant instances include: 1. **Precious Metals and U.S. Treasuries Markets Fraud**: JPMorgan entered a resolution with the Department of Justice to resolve charges related to schemes to defraud in the precious metals futures contracts and U.S. Treasury futures contracts markets. They agreed to pay over $920 million as a part of a deferred prosecution agreement [[❞]](https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us). 2. **Total Penalties Since 2000**: JPMorgan has paid a total of $39,322,669,157 in penalties since 2000. These penalties span various offenses, including financial offenses, consumer protection-related offenses, and competition-related offenses. The largest categories of offenses include toxic securities abuses, investor protection violations, and mortgage abuses [[❞]](https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase). 3. **Fines in a Three-and-a-Half-Year Period**: Over a three-and-a-half-year period, JPMorgan was fined $35,241,500,000. The majority of these penalties were tied to the financial crisis and the company's dealings with mortgage-backed securities [[❞]](https://www.dividend.com/dividend-education/a-brief-history-of-jp-morgans-massive-fines-jpm/#:~:text=All%20in%20all%2C%20JP%20Morgan,backed%20securities). These instances highlight the range and gravity of the offenses for which JPMorgan has faced penalties, including large-scale financial market manipulations and consumer protection violations.

L👀k at this Corupt Political Whores financials and all is told. This grifters net worth says it all. Politicians are Straight up theives. https://image.nostr.build/cc54ea895ea92b64a36129acdb684df818d742b6587b95ddcb2bf7b3c3066def.jpg

What can we *actively* do against this kind of BS except for opting out and shitposting on Nostr? Seeing this makes me feel kinda like a sitting duck with a hidden stash. They can't get it but they can get me. And just holding BTC doesn't seem enough to me.

Terrorism has always been created and funded by the state, but as usual they will project the very things they are guilty of in order to bring in a new act and take control of anything which threatens their monopoly.

Because fiat currency hasn’t been funding these same terrorists for decades… JP Morgan being one of them. Word vomit and try to ban the majority for a small minority of terrible people in the world. Fuck off.

I think Bitcoiners often make the mistake of dismissing BS like this by assuming the speaker doesn’t understand Bitcoin. But the reality is a lot of these people understand it quite well. They’re just straight up lying, no shame, no dignity, just peddling whatever they think will help them keep a choke hold on the financial system.

Yes the word LIES is in all CAPS in America. Someone lied and I hope it wasn't me then that proves they are taking my writing too serious but it should mean I'm a pretty good darn writer. Yea I learned about crypto currency years ago. The government is going to be upset about it because Americans are leaning more towards the controlling side more and more and the way they're talking about it is its always exactly like some other country like Russia invading Ukraine because Americans refuse to say that they are wrong.