Stay up to date on all things crypto and blockchain
Token Daily is a place to discover trending news and products in crypto and blockchain.
Token Daily is a place to discover trending news and products in crypto and blockchain.
If the financial system collapsed, I'm sure you'll be affected by the worldwide anarchy which will be unfolding.
Don’t think most of us have enough crypto where we wouldn’t be suffering if the financial system collapsef
Doubt hyperinflation is possible in the near future, but I sure as shit don’t want inflation or hyperinflation.
We're past the worst of inflation. And it was bad enough. Hyperinflation isn't happening.
Nah, the Dollar may take a major beating but it isn’t dying. Also pretty sure most of us just want crypto to be a viable alternative, not for the conventional financial system to go bust.
This is known for some time, SEC plan is simple:
That's amazing they managed to anticipate crypto 100 years in advance.
Brilliant!
their arrogance has no bounds. i have been there. they truly believe they are omnipotent and can do as they like through bullying and intimidation. they have no feat of bending or disregarding laws to achieve their objectives. we have been living in a country like this for many, many years.
Let me answer your question with a question .
Do you believe that Silvergate bank was doing all the appropriate KYC and all their clients were above board ?
Betteridge's Law: "Any headline that ends in a question mark can be answered by the word 'no.'"
Frankly, I think they would love to shove as many people into crypto or other electronic only currencies. They can control practically anything electronic including access to electricity itself. If they control your ability to access your money they control the money period.
No.
Most "crypto" is scammy nonsense. Kinda like "web 2.0", but dumber and less productive.
There are easier ways to take out a house of cards then exploding your own banks.
If by, destroying our financial system since 1971, in an attempt to destroy a financial solution created in 2009?
Nah, they aren't capable enough for anything other than theft using my resources
Inflation and bank instability only make crypto look better. So if this was an attack on crypto it seems like quite an own goal.
The financial crisis was looooong overdue. This may just have speeded it up a little.
One does not just print unlimited IOU toilet paper money and expect everything to be OK.
Choke Point 1.0 was successful.
They turned BTC into a useless subsidy for the coal and LNG industry.
It's a ponzi that transfers individual "savings" to fossil fuel conglomerates or a derivatives trader in Chicago.
ETH switched to PoS, so now they want to kill it. Gary Gensler (the guy who was head of the CFTC for CP 1.0 and is head of the SEC for CP 2.0) only wants people putting money in a fossil fueled ponzi.
They aren't using law or the courts, they're using threats and violence. They're shuttering banks and liquidating investors of their property because they want to.
These people aren't elected. You can't fight them in court. Sure if you do what they want, a judge may toss the charges as ridiculous after five years, but does anyone really want to be doing business in a country like that?
Holy shit this is some tinfoil hat garbage. Crypto is not high up on the list of threats to the fed.
They didn’t start the fire, but they found a way to make smores with it
The crisis is from the Federal Reserve and the government going bankrupt. The attack on crypto is a effort to block the off-ramps so they can default without the dollar collapsing. Crypto exchanges are now having trouble supporting ACH transfers. It's like how gold was banded for the dollar revaluation in 1933 to prevent flight from the dollar.
Are a bunch of inept cunts who lack forethought past the next election cycle, secretly actually supervillains?
Alternative headline: unsustainable business practices found to be significantly less sustainable when interest rates rise.
Other banks beyond Silvergate/SVB/etc were not explicitly prevented from doing business with crypto companies to my knowledge. It's just that their risk analysis teams internally decided it was not worth it. And, turns out, it seems they were right. You've crypto firm after crypto firm falling because of shady business practices, usually predicated on shoddy financial reporting that was either fraud or too opaque to deal with for the other banks.
I'm just besides myself. With laughter.
I'm surprised how much of the Rocky Mountains are covered, even though a few states are blank.
Can anybody knowledgeable about Justin Sun tell me how this will affect the Commonwealth of Dominica? Here's a link for more clarity: [Justin Sun Helps Launch First Crypto Token Issued by a Sovereign Nation (Dominica Coin)
](https://www.coinspeaker.com/justin-sun-dominica-coin-partnership-huobi-tron/amp/)
Oh boy, that will be a juicy.
Funny how coindesk used to advertise tron and Promote sun at every chance they got. They also promoted the hell out of luna lol My how the turntables.
If we look back, since the last bullrun governments saw the potent money in crypto and now are going for the ones who have the most money right now, celebs and other prominent figures in the space…its clear with all the past events
Link mirror: Tron [#2 chain by TVL] Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Biden's SEC is on the warpath against crypto.
People use Twitter easy target ..all your real info in there. He tweets now the SEC on him. Haha
Idiots they should have stated it’s not financial advise
I mean I hate Justin sun as much as the next guy but this lawsuit is a big old nothing burger.
Scammer in plain sight. Can we get rid of this man from the industry already
Just goes to show the SEC is willing to pull out anything from their asses to pursue crypto. Will it ever end with these shitty claims?
This Justin Sun is a sleezrbag swindler
About time Justin got sued and charged, he has a history of shady shit
BTT was actually pretty good to me end of '20 going into '21 I think it was...This is like when they got Capone for tax evasion lol.
The sec probably said fuck this guy after he mentioned he would try to buy out credit sussie
Coinbase is trying to save their business here.
Frankly, I cannot agree to the claims in the letter. A few of the key points: Coinbase claims that the customer retains "full ownership at all times" of their ETH. If we have learned anything by now, it is "not your keys, not your coin". Yes, you might argue that custody does not mean giving up ownership, but the customer does not have any control about what happens to coins while they are staked at coinbase.
Then they claim that there are no managerial or entrepreneurial decisions involved in the staking process. That is also wrong. Which hardware do you use? Which clients? How do you secure uptime? When do you apply updates? Do you use MEV? If so, which relays? (that is effectively marketing "your" blockspace) Sure, it's simpler than many other businesses, but does not mean it's not a business.
Just some clarity would be nice, do your damn job SEC.
What is clarity? Says Sec chair Gary gensler before declaring it a security
Commented this on another post. It’s absolutely time to demand the SEC takes a position here. There’s been too many “opinions” from them and no real way to back it up. It’s time to get their official position so the actual fight in court can start because that is where this is headed.
SEC is intentionally trying to delay this... Freaking bank owned organization they are.
SEC+urge in the same sentence doesn't use to work, unless it large benefits the SEC.
Does this really surprise anyone? The US dollar rules the world. Are they going to embrace something that's a threat to that? They can print up 2 trillion dollars on a whim, and somehow the bottom doesn't fall out. Why would they want anything to change? We invade countries that are a threat to our dollar. If bitcoin were a country we'd have troops there.
A report written for octogenarians, who still wonder despite all evidence why the generations behind them are losing faith in a system that has been rigged to keep anyone younger poorer.
Imagine if the politicians and policy makers in the late 99s were are as brain dead as the ones right now. It's certain that the US wouldn't have had its role in shaping the internet, and that instead would have been forfeit to some other nation.
It's not really "news," at this point.
Chalk it up to another bad move for the USA.
It's always the same, not surprised. They should focus on their own business, instead of going against digital assets.
Sigh... another hate article to stir things up when the regulations have actually been slow moving and well thought out. Dont fall for trap of getting angry
2024 brings a new administration and brighter days ahead
Ah the old Chinese playbook.
Tale as old as time.
Wow has anyone read the report? The bullshit in it is amazing.
Just Joe trying to help the GOP take the Whitehouse, come elections.
One issue I have with crypto is (and I don't mean any disrespect to our US brothers) why we give so much importance to the US stance on crypto.
There's plenty of money in America and there's 330M americans I think, but the White House says something or the Fed and suddenly it's chaos everywhere lol
We need someone that actually understands blockchain in the office. These dinos are setting us back.
Better to remain silent and be thought a fool than to speak and to remove all doubt
How the hell they release this now when last week 2 banks crashed and ruined thousands of tech startups?
Boeing hired me to move to Washington and laid me off less than a month after the Covid pandemic to protect union jobs (that accepted my dues with gratitude). Boeing not only laid me off but also gave me no way back to Florida after I just signed a lease on an apartment there. I was furious. Especially having to break my lease and move back on my dime.
2020 was me moving to Washington for 6 months like it was some kind of deployment and then I moved back.
I refuse to be treated like cattle anymore. You want labor? It's going to cost you more than a higher salary. It's going to cost you mutual respect, compassion, and a middle class lifestyle with accessible market that is not only accessible, but easily accessible.
Something is fundamentally broken with our system and this exchange of information is exposing it's cracks.
It's good that they are being exposed but the fact that they existed in the first place is proof-positive that my tax dollars failed me.
My government was supposed to protect me. Instead I got a bamboozled, robbed, and taken advantage of at nearly every juncture. 9/11, the Iraq War, 2008 recession, 8 years of a slow crawl out of an extremely poor situation where things were looking like they might swing in a positive direction, and we immediately get slammed with the worst President in the history of our nation who did so much damage in only 4 years that we may literally never recover from it.
To top it all off we have a literal "final warning" by the scientific community concerning the destruction of all life on our planet due to climate change and our governments' responses are: "How bout a big fucking war?"
They fucked us. We trusted our government to do their damn jobs and protect us. Instead, they stole our future for short-term profits, greed, blood, and treasure.
When a snake stops eating its tail, it means the snake is dead. I don't want to empower these failures anymore.
The monkey will no longer do tricks for peanuts. I need a brighter future to look forward to. I need to know that the "electoral college" maybe ISN'T the greatest idea ever. I need to know that the system isn't rigged and all the money I'm helping to make these companies isn't being stolen at every tier on the way down in this "trickle-down-economics" model.
The deal is a bad deal and I'm saying "no."
The United States faces a large shortfall in its labor supply as it continues to recover from the COVID-19 pandemic. This shortfall is not merely a lingering effect of the pandemic but is also due to long-run demographic trends and declines in labor market participation by adults. Without increased immigration and/or efforts to draw more adults into the labor market, the labor supply is likely to be constrained for the foreseeable future. The shrinking share of adults in the workforce and the Nation’s aging population may have a negative impact on its living standards through slower economic growth. More proactive policies to increase the labor supply—such as higher public spending on childcare, increasing immigration, and improving workers’ bargaining power—are needed to counteract these demographic trends
Innovation in financial services brings both risks and opportunities for the broader economy. It can challenge business models and existing industries, but it cannot challenge basic economic principles, such as what makes an asset effective as money and the incentives that give rise to run risk. Although the underlying technologies are a clever solution for the problem of how to execute transactions without a trusted authority, crypto assets currently do not offer widespread economic benefits. They are largely speculative investment vehicles and are not an effective alternative to fiat currency. Also, they are too risky at present to function as payment instruments or to expand financial inclusion. Even so, it is possible that their underlying technology may still find productive uses in the future as companies and governments continue to experiment with DLT. In the meantime, some crypto assets appear to be here to stay, and they continue to cause risks for financial markets, investors, and consumers. Much of the activity in the crypto asset space is covered by existing regulations and regulators are expanding their capabilities to bring a large number of new entities under compliance (SEC 2022). Other parts of the crypto asset space require coordination by various agencies and deliberations about how to address the risks they pose (U.S. Department of the Treasury 2022a). Certain innovations, such as FedNow and a potential U.S. CBDC, could help bring the U.S. financial infrastructure into the digital era in a clear and simple way, without the risks or irrational exuberance brought by crypto assets. Hence, continued investments in the Nation’s financial infrastructure have the potential to offer significant benefits to consumers and businesses, but regulators must apply the lessons that civilization has learned, and thus rely on economic principles, in regulating crypto assets.
There are also some risks from having a CBDC in the financial system. Similar to one-to-one backed stablecoins, CBDCs may also pose credit availability risks (U.S. Department of the Treasury 2022b). That is, a widely available CBDC could serve as a substitute for commercial bank deposits. Just as in the case of stablecoins that are fully backed by safe assets, this substitution effect could reduce the aggregate amount of deposits in the banking system, which could in turn increase bank funding expenses, and thus could reduce credit availability or raise credit costs for households and businesses. In addition, because central bank money is the safest form of money, a widely accessible CBDC would be particularly attractive to riskaverse users (and likely more so than a stablecoin), especially during times of stress in the financial system. The ability to quickly convert bank deposits into a CBDC could make systemic bank runs more likely or more severe 272 | Chapter 8 (Bank of Canada et al. 2021). In addition, CBDCs could cause operational risks. If the CBDC platform could not function due to a system failure or a cyberattack, it could erode investors’ confidence
Central Bank Digital Currencies It is important to note that money can come both in a physical format (e.g., cash) and in a digital format (e.g., electronic bank accounts). Thus, a central bank’s digital currency is a liability of a central bank similar to cash, but it exists on a digital platform, where it can be exchanged and settled in real time. A CBDC system is made up of the CBDC itself, the public and private sector components that work alongside the CBDC, and the laws and regulations that apply to these digital assets (White House 2022a). A CBDC system can be set up in numerous different ways, such as a wholesale CBDC, which allows for access only by financial institutions (e.g., banks); and a retail CBDC, which allows for access by individuals. “That said, certain design features and questions related to the underlying infrastructure Digital Assets: Relearning Economic Principles | 271 of CBDC may blur these distinctions to some degree” (U.S. Department of the Treasury 2022e).
Crypto Assets Can Be Harmful to Consumers and Investors For consumers and investors to use crypto assets to access financial services, the crypto asset industry must have sound consumer, investor, and market protections. However, many participants in the crypto asset industry are not acting in compliance with existing laws and regulations, and some Digital Assets: Relearning Economic Principles | 257 of the most common unlawful activities in the crypto asset industry are scams especially aimed at retail investors (U.S. Department of the Treasury 2022a). One of the principal areas where there is mass noncompliance is disclosure surrounding crypto assets that are securities. This lack of disclosure prevents investors from recognizing that most crypto assets have no fundamental value.
Crypto Assets Are Mostly Speculative Investment Vehicles As shown in figure 8-4, compared with many other asset types, crypto assets are very volatile, and, hence, highly risky. Because they are very volatile, crypto assets can be used for speculation, an investment strategy that seeks to make a profit from short-run trading. One reason many crypto assets are highly volatile is that many of them do not have a fundamental value. For example, stocks are claims on the future profits of firms and debt is a claim on interest and principal payments. Even commodities such as gold and silver have fundamental values, because they can be used in jewelry and for special manufacturing purposes (Nogrady 2016). Conversely, unbacked crypto assets are traded without fundamental anchors, suggesting that their market prices only reflect speculative demand, or market sentiment, not claims on cash flow.
Sources: CEA analysis; Hoffman (2022). Note: NFTs = nonfungible tokens. Not drawn to scale. Cash represents currency as well as reserves. Regardless of the label used, a crypto asset may be, among other things, a security, a commodity, a derivative, or other financial product, depending on the facts and circumstances.
Yo someone find this Hoffman and give him some credit on Figure 8-1. That is an awesome graphic.
In particular, some cryptocurrencies aim to replace central authorities that issue money by instead relying on a distributed network, with benefits spread across the network that issues representation of value that can be minted and transacted without central authorities. For example, when implementing monetary policy, governments can profit from issuing money because the value of money is generally higher than the cost of issuing it (this is called “seigniorage”). In contrast, many cryptocurrencies aim to distribute the profit from issuing a cryptocurrency by rewarding participants that can verify a transaction through a consensus mechanism (Acemoglu 2021). In this process, participants can be rewarded with the new issuance of a cryptocurrency as well as transaction fees, earning them a profit for supporting the distributed network that maintains the cryptocurrency. This could be seen as a novel way to distribute the profits from issuing new assets. Box 8-1 discusses the functions of money
This chapter primarily examines crypto assets, whose proponents have been relearning the lessons from previous financial crises the hard way. In addition to the decentralized custody and control of money, it has been argued that crypto assets may provide other benefits, such as improving payment systems, increasing financial inclusion, and creating mechanisms for the distribution of intellectual property and financial value that bypass intermediaries that extract value from both the provider and recipient. Looking under the hood at these arguments, however, shows a more complicated picture. So far, crypto assets have brought none of these benefits. Meanwhile, the costs generated by several of their aspects—such as those for consumers, the physical environment, and the financial system—are not only substantial but are also being accrued in the present. Indeed, crypto assets to date do not appear to offer investments with any fundamental value, nor do they act as an effective alternative to fiat money, improve financial inclusion, or make payments more efficient; instead, their innovation has been mostly about creating artificial scarcity in order to support crypto assets’ prices—and many of them have no fundamental value. This raises the question of the role of regulation in protecting consumers, investors, and the rest of the financial system from panics, crashes, and fraud related to crypto assets. Even so, as companies and governments experiment with DLT, it is conceivable that some of their potential benefits may be realized in the future.
Fast forward 100 years, and digital asset proponents are now aspiring to create a decentralized financial system without relying on governments 238 | Chapter 8 and their regulatory frameworks, which were shaped by important lessons learned from multiple previous crises, including the 1907 panic. Digital assets are electronic representations of value and operate as part of a complex and interconnected digital ecosystem. Crypto assets are a subset of digital assets that use cryptographic techniques and distributed ledger technology (DLT) but exclude central bank digital currencies (U.S. Department of the Treasury 2022a). DLTs rely on networks to store and process transactions.
tldr; The Sushi DAO Legal Defense Fund will cover legal costs regarding inquiries, litigation, and other issues targeting core contributors. The fund will provide coverage for reasonable attorneys’ fees and costs for the following parties: core contributors, active since the ratification of Sushi 2.0. The 3M will reside in a new multisig, making funds available for legal
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news here.
''..make available a legal defense fund of 3M USDT.''
Gives an idea of the expense that needs to be planned for, when fighting a legal battle with the government.
If the SEC is going after trustless DEXes, they really have no idea what they are doing. Like pigeons trying to play chess.
They should have pulled out an UNO reverse card. ahhh you got us again
SBF was involved with them at a time, so i think it’s important we wait for details on specific charges
SEC throwing lawsuit here and there means they’re very desperate and are losing hold of the previous cases .
They are not sharing details, but doesn’t sound great. Damn!
No Duplicate Topics
In order to keep /r/CryptoCurrency a place of diverse discussion our policies do not allow for duplicate topics on the front page.
We'll usually remove the threads that are lowest on the front page based on Reddit's algorithm of popularity, however other factors may be considered at the moderator's discretion. These may include giving preference to the oldest post, the highest quality title, the highest quality source, or the best discussion.
This is typically not a warning or a rule violation, this is just part of our clean up effort. Do not repost threads that have been removed by moderators.
If your post contains new information, consider adding it as a comment to other threads about this topic.
If the topic warrants a mega-thread the moderators will create one and link to your thread there. You are encouraged to share information you have in comments of any megathread.
Thanks for understanding and keeping /r/CryptoCurrency an awesome community!
tldr; The Sushi DAO Legal Defense Fund will cover legal costs regarding inquiries, litigation, and other issues targeting core contributors. The fund will provide coverage for reasonable attorneys’ fees and costs for the following parties: core contributors, active since the ratification of Sushi 2.0. The 3M will reside in a new multisig, making funds available for legal
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news here.
The SEC are crooks. Do anything and everything in their power to prop up the banks and fuck crypto.
we'll all be laughing soon.
Internet says this guy is already likely a millionaire.
profits for them but when they're in trouble they need users to help them pay?
Link mirror: SushiSwap served with an SEC Subpoena
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
I was immediately banned from the Sushi forums and discord. About 30 days later, it was revealed that Sifu was known fraudster Michael Patryn, and the project imploded.
Sadly, the Sushi leadership has continued to suppress any investigative work by DAO members into the actions of leadership. There is undoubtedly a culture of suppressing information, and receipts suggestive of fraud. The SEC is right to investigate.
Anyone more familiar with the project able to speculate why they’re not including core contributors prior to Sushi 2.0?
___
Surprised core contributors would have publicly identified themselves, since even without any legal liability, to me it puts a huge target on their back given the leverage they have over the project assuming they have ability to commit code that is then distributed to the DAO.
https://docs.sushi.com/docs/Governance/Current%20Governance%...
> Any use of the devfund wallet requires that the Multisig sign it, which they will only do if it is clearly by the will of the community and has had a passing vote by quorum. There must be at least 4 out of 7 signatures for a transaction to be approved.
> The Multisig members are trusted members of the DeFi & Ethereum ecosystem: @Mable_Jiang, @0xSami_, @nickjrishwain, @0xChop, 0xMaki, @tomlombardi, @DeFi_Ted
> Any changes that are within the purview of the core team, such as rebalancing and administration of farming pools and use of the growth fund, must pass the Operations Multisig with at least 3 signatures.
> The Ops Multisig members are: @MatthewLilley, @0xJiro, @LufyCZ, @sarangprikh22, @chillichelli, @OlaStenberg__
> Our goal is to establish a DAO with working, trustless governance. This is not an easy task by any measure, and is not something that will be rushed. All are welcome to discuss how the future DAO should work, as well as how the current governance model works, by participating on our forums and in the #governance channel of our Discord server.
This is, thereby, not decentralized and autonomous. This is a system where a small handful of people are sitting on a giant pile of cash--one which, AFAIK, is being funded by fees charged on the operating platform--that they promise they are managing on behalf of and at the direction of people who have received what amounts to a share in their organization as part of what is almost certainly an unregistered security offering. That they promise to use direct shareholder voting for as many decisions as possible and have an extremely liquid market for their shares doesn't change this analysis.
Which, to be clear, is entirely different from the situation with, say, Tornado Cash, or any other decentralized system. I'm seeing a number of people here saying "how would they even shut it down?! it's decentralized!"... but, no: the thing this DAO is isn't merely some decentralized contracts. (Hell: I haven't looked yet, but it wouldn't surprise me one iota if there were an obvious kill-switch in even the supposedly-decentralized part of the system that can be tickled by that Operations Multisig.)
I like how they claim they love the Constitution, but declare their intention to violate the Establishment Clause throughout the first paragraph.
Here's another good one - the majority of COUNTIES have to approve Texas Constitutional amendments ... since >50% of the population of the state lives in 6 counties, they're just saying "no democracy for you - rural citizens count more."
Support restoring state sovereignty with the repeal of the 17th Amendment of the United States Constitution and the appointment of United States Senators by the state legislatures.
No democracy for you!
Support a constitutional amendment making English the official language of the United States, and one of no more than two official languages of all US territories and other possessions.
The Founding Fathers were divinely inspired, except for this bit.
No form of government shall ever again implement mass lockdowns on the people, our businesses, or our churches.
FREEDOM TO DIE FROM COVID, YESSSS
Prayer, Bible, and Ten Commandments in Schools: We support prayer, the Bible, and the Ten Commandments being returned to our schools, courthouses, and other government buildings.
Seriously, the Founding Fathers got everything right except the part where the government can't institute Christianity as the state religion, because we're totally doing that.
Toll Roads: We believe that tolls should come off the road when the debt is retired, and if the debt is ever restructured or refinanced, the pay-off date needs to remain the same.
Ok, I've found a few things I agree with, and this is one of those.
No government entity may require a business, via financial or legal coercion, to act as an enforcement arm of the state, such as the egregious action when local governments required businesses to enforce mask mandates or be fined or closed.
This one made me laugh, since these yahoos deputized the American Taliban to enforce their abortion ban through civil litigation.
We support a flat tax or the replacement of the income tax with a consumption tax that reduces the overall tax burden.
Taxes are really low for rich people in Texas, but THEY CAN BE EVEN LOWER.
We support replacing the property tax system for businesses and individuals with an alternative other than the income tax and requiring voter approval to increase the overall tax burden. We urge the Legislature to immediately develop and implement a transition plan that is a net tax cut.
We need taxes to pay for things but we don't want rich people paying for things. We don't know how this will work, you guys figure it out.
We demand the State Legislature pass a law prohibiting the teaching of sex education, sexual health, or sexual choice or identity in any public school in any grade whatsoever, or disseminating or permitting the dissemination by any party of any material regarding the same.
MORE TEEN PREGNANCY, MOAR
We reject Critical Race Theory as a postMarxist ideology that seeks to undermine the system of law and order itself and to reduce individuals to their group identity alone.
Translation: We know what CRT actually is, we know it has never ever been taught in grade school, but we're going to use this buzzword and throw in Marxism to frighten our base of morons into voting for their own subjugation.
The official position of the Texas schools shall be that there are only two genders: biological male and biological female. We oppose transgender normalizing curriculum and pronoun use.
Translation: Texas, please continue fighting this made-up culture war so you don't notice you're getting annihilated in the class war.
Texas: one party wants to leave the United States and go back to 1860.
We can do better, Texas. Let’s stop the trump insanity.
TLDR:
It's the Texas GOP's position that the Legislature shall retain the right to unilaterally invalidate the Constitutional rights of all its residents.
Sexual Education: We demand the State Legislature pass a law prohibiting the teaching of sex education, sexual health, or sexual choice or identity in any public school in any grade whatsoever, or disseminating or permitting the dissemination by any party of any material regarding the same.
Welp, they went full QAnon.
You never go full QAnon.
We oppose anti-car measures that punish those who choose to travel alone in their own personal vehicle, and oppose any measure to impose “road diet” mandates designed to shrink auto capacity and/or intentionally clog vehicle lanes to force deference to pedestrian, bike, and mass transit options (whose users do not pay gas tax). We urge the Texas Legislature to protect drivers from these California-style, anti-driver policies in Texas.
We support the defunding of “climate justice” initiatives, the abolition of the Environmental Protection Agency, and repeal of the Endangered Species Act
Carbon Tax: We oppose all efforts to classify carbon dioxide as a pollutant.
My God, I was going to point some of the worst things out, but it's just too much. Like, I can't believe a lot of Republican voters even agree with some of these things
Did they check out all these policies with Trump first? Because one contrary word from him and they would backtrack on any of them.
>The laws of nature and nature’s God.
So is evolution a law of nature? And who's "nature's God" and where can he/she/its laws be found?
TX GOP really think US is a Christian theocracy when many of the US founders were fleeing the Christian state religion in UK when coming to US.
TX GOP want to make TX and US a Chrisitan state and country.
Wonder who gets to interpret God's will?
33. State Sovereignty: ... "Texas retains the right to secede from the United States, and the Texas Legislature should be called upon to pass a referendum consistent thereto."
We repeatedly asked Gov. Abbot and fellow super-patriot 'Make America Great Again' folks, what they will do with the American flag when they secede from the Union.
Burn the US flag? Take scissors and cut out the star?
They just shrug. It's a real question; and they don't see the point of real questions.
Wow, worse than I was expecting. Wake up America. This is really happening.
Just shoot me now. For real, I am gonna get shot or rounded up and put in a concentration camp. (I am an atheist) Why did I move to Texas?
just so everybody is aware this is a repost
my original was quickly removed as I summarized the title not knowing the sub rule for titles as: goals of the texas gop facism is here.
As a reminder, this subreddit is for civil discussion.
In general, be courteous to others. Debate/discuss/argue the merits of ideas, don't attack people. Personal insults, shill or troll accusations, hate speech, any suggestion or support of harm, violence, or death, and other rule violations can result in a permanent ban.
If you see comments in violation of our rules, please report them.
For those who have questions regarding any media outlets being posted on this subreddit, please click here to review our details as to our approved domains list and outlet criteria.
Special announcement:
r/politics is currently accepting new moderator applications. If you want to help make this community a better place, consider applying here today!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
The Fall Of Certificate Authorities And The Rise Of Handshake
TokenSoft is the volume leader in compliant token sales.
The open protocol for tokenized debt.
A secure online platform for buying, selling, and storing digital currencies.
A second layer, off-chain scaling proposal for bitcoin.
Ensuring the blockchain is inexpensive and accessible to everyone.
An open protocol for decentralized exchange on the ethereum blockchain.