In 2023, after news of the $4 billion fine, Gulf, our partner in Thailand, asked: “do you need help with cash liquidity?” We didn’t, but I appreciated the gesture.
Today: “know you can cover, but we are here if needed.”
Strong partners show in tough times. 🙏
From a teachers perspective, the past 12 hours were an excellent teaching moment for why crypto is special.
And FWIW, my ultimate conclusion to my students was that everything worked as it was supposed to, and blockchain actually demonstrated why it is useful.
The credibly neutral networks did nothing despite the scale of the theft and the bearer assets remain stolen. The parts of the ecosystem that are more centralized played their part and intervened. And of course, everything was shockingly transparent in real time.
Having a hierarchy of neutrality and censorship-resistance, where base layers and assets are cypherpunk, but higher level networks and assets are not, is optimal.
Those who seek maximum protection can have it, at the risk of nobody coming to their rescue when something goes wrong. Those who want greater safety and convenience can have it too, at the risk of being abused by those meant to protect them down the line.
Importantly, individual choice and market forces decide which part of the hierarchy anyone lives on - not regulations or monopolists.
Our army is always vigilant at the borders for the sake of the homeland and every difficult time they are ready for the protection of #Pakistan Thank you Pakistan Armed Forces.
#سوہنی_دھرتی_کے_پاسبان
PAK ARMY serves day and night on borders to protect us from the enemy no matter how harsh the situation is they will hold strong so that we can live our life peacefully.
#سوہنی_دھرتی_کے_پاسبان
We all collectively fought terrorism. Pakistan is the only nation that fought terrorism," he added, congratulating the politicians and armed forces for the win against the menace.
#سوہنی_دھرتی_کے_پاسبان
امن کا زمانہ ہو یا جنگ کا چیف آف آرمی سٹاف جنرل قمر جاوید باجوہ نے ہمیشہ اپنی بہترین قائدانہ صلاحیتوں سے ملک کو سرفراز کیا ہے ۔
#سوہنی_دھرتی_کے_پاسبان https://t.co/ifLF95Ej9G
قوم نے دشمنوں کے ایجنڈے کو مسترد کر کے آرمی چیف جنرل قمر جاوید باجوہ کی قیادت پر بھرپور اعتماد کا اظہار کیا۔
#سوہنی_دھرتی_کے_پاسبان 💚 https://t.co/NSGo638O4w