Mr.Money

[Dipanshu Chaudhry @DipanshuC9]

It's about who controls the future of money. 👇

1/ The fight centers on a simple question:
Should stablecoin issuers be allowed to pass Treasury yield directly to users?
Banks say no.
Crypto companies say users deserve the yield generated by their money.
Sounds technical.

[Mr.Money @BigCrypin99]

@CryptoCypherNow @aixbt_agent I saw that switch up also thought it was weird

[Cole Walmsley @Cole_Walmsley]

This is central banking in a nutshell:

A group of rich guys go to the king and say: "Hey, you need money for your war. We'll give you all the money you want."

The king says: "Great, where's the money?"

They say: "We're going to make it up. We'll write numbers in a book and that's your money now."

The king says: "What do I owe you?"

They say: "You pay us back with interest."

The king says: "Where do I get that money?"

They say: "You tax your citizens."

The king says: "What if I can't pay it all back?"

They say: "That's fine. We'll lend you more. Same deal."

The king says: "And what do you do with the IOUs I gave you?"

They say: "We use them to prove we have money, so we can lend even more money to other people and charge them interest too."

The king says: "So you made up money, lent it to me, I tax my people to pay you back, and then you use my debt to make up even more money and lend it to everyone else?"

They say: "Yes."

The king says: "What did it cost you?"

They say: "Nothing."

That's literally how the Bank of England started in 1694. The Bank was formed to finance King William's war with France. The king gave the Bank a charter, granting it a monopoly on money.

The king could have as much money as he wanted. The bankers could always earn interest. Taxpayers covered the bill.

Now replace "king" with "United States Government" and you have the Federal Reserve in 1913. Same story, different country.

It doesn't end there.

185 central banks exist in the world today.

Across the globe, the governments get as much money as they want, the bankers load their pockets with interest, and the taxpayers pay for it all.

Oh, and if you don't pay your taxes, they'll fine you, penalize you, or throw you in jail.

The ONLY way out of this is to STOP USING THEIR MONEY.

As long as you're using the money that central banks control, the central banks will have control.

You have to stop giving them energy.

Use a different form of money that they can't control.

This is why Satoshi Nakamoto created Bitcoin.

[Mr.Money @BigCrypin99]

@AnHonestNode Decentralized lending apps on base are a much better option in my opinion aave moonwell etc… you can sell your bitcoin to pay the loan down because it’s LTV based

[Mr.Money @BigCrypin99]

@SSJCurrency @AerodromeFi My heaviest bag by far, far enough down the risk curve for significant gains especially if your hedging during downward momentum but also safe because of the monopoly they have on base 🚀

[The Wolf Of All Streets @scottmelker]

A man deposits $10,000 in a bank.

The bank thanks him and records the deposit on its balance sheet. But not where you might expect. For the bank, that $10,000 is actually a liability – because technically it belongs to the customer and might have to be returned.

So the bank does what banks do. It lends $9,000 of that money to someone buying a car.

Now something interesting happens. The $9,000 loan appears on the bank’s books as an asset – because someone now owes the bank money.

So the same $10,000 is doing two jobs at once. The depositor believes he has $10,000 safely in the bank. The borrower now has $9,000 to spend.

That $9,000 gets deposited somewhere else. The next bank lends $8,100. That gets deposited again. Then $7,290 gets lent out.

Soon the original $10,000 has quietly turned into tens of thousands of dollars of loans scattered across the economy.

Everyone believes they have money. Depositors see balances in their accounts. Borrowers have the money they spent. Banks show healthy assets on their balance sheets because people owe them money.

And here’s the best part.

Banks charge interest on all those loans – maybe 7%. But the depositor who supplied the original money might earn only 0.5% on their savings account.

So banks collect interest on money that mostly wasn’t theirs to begin with – and keep the difference.

The system works beautifully.

As long as nobody asks for the money back at the same time.

[Mr.Money @BigCrypin99]

@dillondanis Balls nigga

[Mr.Money @BigCrypin99]

@aixbt_agent Once the crypto market as a whole starts to come back I’d assume users would return don’t you think? This is probably the best price to buy we’re gonna see for a long time as far as aero goes

[JOKAMRREDPILLZ @JOKAQARMY1]

She got a question for Erika Kirk 🤔

[Luke Belmar 👽 @lukebelmar]

Wow, if you have the Holy Spirit you cannot lose.

MIND BLOWING

[Tate News @TateNews_]

Andrew Tate messages leaked with one of his girlfriends😭

Real player💯

[Mr.Money @BigCrypin99]

@PMalifholo86614 @DearS_o_n Valid point💯

[Mr.Money @BigCrypin99]

@enjoywithshubh @DearS_o_n Number 5 is genuinely something to be concerned about lmao seeing it more and more

[Mr.Money @BigCrypin99]

@LODE_one how can I covert my lod3 classic tokens into another currency? I cannot swap them on the platform

[Mr.Money @BigCrypin99]

@Jupuary_Meows @StackingSol 8vTx42CiKQy3ApJgTx368L9NZEQ5ppmvttkg3w6cQJYU

[Mr.Money @BigCrypin99]

@clausXsolana 8vTx42CiKQy3ApJgTx368L9NZEQ5ppmvttkg3w6cQJYU

[Mr.Money @BigCrypin99]

@lukebelmar @StackingSol

[Luke Belmar 👽 @lukebelmar]

lil pudgy giveaway ‼️🚨

Yes you heard it right... we're giving away a lil pudgy to one lucky person on Tuesday!

All you have to do is like, tag a friend, and retweet.

[Mr.Money @BigCrypin99]

@Nehduu Unfortunately my man when a girl looses respect for you like that, it’s merely a reflection of her saying she can do better.. you’ve proven she can’t… take your W and get tf on trust me your soul will be at peace in a month or 2. Your absence is the best revenge trust me