While I have been blocked before, mainly by shitcoin shillers for calling out their scams like #safemoon#GroveTokenDubaiLLC et al, I have finally reached the pinnacle and been blocked by the #Bitcoin shiller-in-chief himself - goes to show @saylor , the truth really does hurt
@saylor Maxis - I can listen to him every day forever. I get goosebumps and cry of happiness understanding digital power and conservation of energy. I believe Saylor probably has the most in-depth understanding of digital property and energy, preaching to as many as possible.
Me-
@DefiMagnus The comments crack me up, even yours for that matter, so only now the penny drops for you maxis , not when Thomas was high as a kite at some crypto gig in April 2021? Not when they promised exchange and Blockchain before Oct 21? AND not when windmills and nanospray? Jesus C ffs
@MarioNawfal Telling someone to fuck off because u can't stand their actions doesn't mean u r a racist, it just means you can't stand their charactor, I mean why the fuck should we keep quiet when u hate every jew and if u had the chance U would kill them ALL .. just like On OCT 7... SO ...
Post SBF Reality Check: Tether, FTX’s Biggest Client, Remains Not Just an Open Question But Also a Mammoth House of Cards
“Alameda Research, Bankman-Fried’s trading firm, was the largest minter of Tether tokens. In a few years, Alameda somehow funneled $36 billion in real dollars to Tether in exchange for an equal amount of Tether stablecoins, known as USDT. Alameda would then sell USDT on open markets—which, since the token does experience tiny fluctuations above and below its $1 peg, allowed arbitrage opportunities for savvy traders. Then the cash would be sent back for more USDT. Rinse and repeat, until somehow you reach $36 billion.”
https://t.co/b1Uwhh0duF
Sooner or later, the lingering question of whether the inexplicable demand for $36 billion of USDT was bonafide or, as I believe, simply part and parcel to the overall cryptoverse market manipulation ethos, will undoubtedly be investigated, exposed and adjudicated – and the people responsible will be brought to justice.
First off, who is actually buying all these tokens and why? In short, crypto has proven to have little utility for anyone except two primary beneficiaries:
--Con-artists, who shill crypto to lure in investors, especially if those investors are the downtrodden, injecting a predatory element of affinity fraud into their schemes (just like check-cashing services and payday loans do); and
-- Criminals, who exploit the pseudonymity of crypto to orchestrate globally a vast array of devastating crimes, especially ransomware attacks. (e.g. ransomware, drug dealing, human sex trafficking, sanctions evasion, and of course, terrorist financing). https://t.co/zSJc0Sewl0
Second, the only buying and selling of these tokens occur on exchanges that are wholly unregulated and wholly disconnected (by design) from the U.S. banking system. In other words, these so-called exchanges have no regulatory oversight, transparency, consumer protections, insurance, licensure, net capital requirements, and the crypto rug-pull bazaar is so rife with market manipulation, insider trading and fraud, that investors stand no chance from the get-go. See, e.g. https://t.co/hKvVSnhEPA
Finally, the entire cryptoverse operates amid a Walking Dead-like post-apocalyptic anarchical free-for-all, where anything goes. Consider, for example, the case of SafeMoon tokens, where more than 95% of the transaction volume is allegedly washed and matched trading, with over 50 trillion SafeMoon tokens traded back and forth in one account via smart contracts. https://t.co/9F5FGSWxYt
As @SilvermanJacob so vividly explains, let’s also not forget that:
“The New York attorney general found that Tether lied about its asset reserves, and the company has admitted in legal filings that it sometimes lends out tokens without receiving money in return—printing and distributing fake digital dollars, in other words. Tether has reached eight-figure settlements with the Commodity Futures Trading Commission and the New York AG, and it’s barred from doing business in the state of New York. The US Department of Justice reportedly has conducted a long-running bank fraud investigation into Tether. The endless list of bizarre characters associated with the company—from a former actor in the 1990s Disney hockey film The Mighty Ducks to an Italian plastic surgeon turned software pirate to the creator of Inspector Gadget—practically demands cinematic treatment: Think of the Coen brothers’ national security farce Burn After Reading set in a Bahamian shadow bank.” https://t.co/b1Uwhh0duF
The stark reality is that FTX’s downfall is not just a story about Sam Bankman-Fried. The FTX debacle is ultimately a story about the shadowy world of entities like Tether, and the illicit finance and staggering money laundering of the cryptoverse, which threatens everyone, everywhere. And that trial has yet to begin. https://t.co/2LYaTjp7Qf
@OliLondonTV No but that's what makes us so much better than them, we allow all to express whatever they want... sometimes to our detrememt but its better than they offer
@_Crypto_Colonel@GoingParabolic Well if let's say u sre in Gaza and you're trying to bribe a guard to get your family out, u tell him you have bitcoin but the internet is down... yeah Fiat or Gold please