U.S. citizens are being shut out of so many investing and banking opportunities under the guise of protection. It will be a good day when people are allowed to make their own decisions, whether they be wise ones of foolish.
RE: ICOs are not for US Citizens? Should ICOs reject self proclaimed US Citizens as a way to reduce legal and regulatory risk?
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ICOs are not for US Citizens? Should ICOs reject self proclaimed US Citizens as a way to reduce legal and regulatory risk?
How can an ICO even verify if a person is in the US or not? Anyway hey @dana-edwads i found ur posts and reallly like them! i also posts crypto related stuff i thik youd liek! i just upvoted liek whole page of your posts onyour blog feed!
And yeah this us laws keeping us out of crypo oppprrtunities will cost is so much!
eventually peopel will just ignore the law when they find ot how mch money its cost us!
i know that our current administration is trying its best to fightthe deep state anthen we can get regulations ccut and I Know in my heart trump sees crypto currency and bitcoins pheere as a great new iindustry that we should bee SUPPORRTING its like a RARE BABY that is born that NEVER happens like Ganondorf in thee gerudu desert! hs like the only male born in a hundred years ! (Oh thats why ganon was so arrogant in zelda! he got to fuck any gerudu woman he wanted! ) anyway yeah a thriving new market is a HUGE boon a RARE ting that u cant make happee! a new opportunity like crypto currenciees only come around ince in a few decades an like thee internet u have to support it!
the us government almost fucked up the creattion of the internet inthe 990s with crazy regulations that were evventually ignored but still the democrats and reublicans in DC and their banker masters are out to destroy bitcoin and crypto as much as they can so THEY CAN BUy it ALL up for tTHEMSLVES
its SO sad
these people are SCUM and they are making it HARd for AVERAGE NORMAL people to buy bitcoin but they encourage bitcoin and ethereum's use by big multinational monopoly tax exempt diplomatically immune Combine corporations .....for large money transactions and remittances etc...HAH so THEY will use bitcoin but WE CANT
the bg BUSINESSES will use bitcoin to AVOID TAXEs but WE cant use bitcoin cuz they cnt have US avoiding taxes! The poor and middle class are the only ones paying the majority of the taxes!
we need to get lawyers for steemit and bitcoin and a steemit tax law fund going to help as MANY Steemit users legally AVOID as MUCH tax as possible !!!
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Monaco Visa is doing it wrong. As well as people who assume or insist that all US citizen are barred from ICO participation. It's actually not true that ALL US citizens are barred. Wealthy people are not. You can apply to he an accredited securities investor if you have money. One of the requirements is that you have an annual income of $200,000USD or more. That's it.
Basically in its barebones, just like the rest of Americans financial system, it limits the options of poor people (or not wealthy people in this case to be more accurate).
Just like having a minimum deposit on checking accounts to prevent fees is bizzaringly anti poor. (Most national banks require $5000USD or more in single or combined accounts to not receive a fee, or have direct deposits from an employer, which itself has to be above a certain amount to not incur fees). Banks are horrible. They are the one institution that relies on consumer accounts to be able to have money to invest/divest to grow their own wealth. Basically they charge you to lend them money. I wish I could do that. Give me $10 bucks and because it's only $10, you owe me $1 a month because I took it.
Anyway, back to the original comment. The SEC only bars non accredited people from investing in securities (which it sees ICOs as, and in many ways they are). If you have money, you can just file to be accredited and you can invest in ICOs till your eyes bleed. Anyone can get accredited, you just need to have money.
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