Mark X

I AM Degen.
Centralised power breeds censorship & control.
Decentralisation is the only solution.

[Mark X @MarkX867]

TL;DR update on fixing Britain’s immigration + welfare mess (building on my last post + Rupert Lowe’s points):

Unchecked immigration and failed integration are breaking us, but mass deportations right now, while welfare traps everyone, is a recipe for chaos.

We’ve needed a smarter sequence for years. Despite the brutal crypto winter I’ve been calling for decentralised solutions the whole time. Now is finally the moment.

1. Overhaul the entire system on blockchain first.
Transparent, immutable ledger for every tax penny spent.

Everyone can audit, vote on allocations, and watch waste/corruption evaporate in real time. Tried, tested, secure tech, no more middlemen skimming billions.

2. Replace broken welfare with UHI (Elon-style Universal High Income).

AI abundance makes a high baseline living standard possible for citizens without perverse incentives. Blockchain makes it efficient and fraud-resistant. This alone slashes administrative bloat so UHI costs less than today’s failing system.

3. Transparency bargain.

I’m fine with tracking if we overhaul everything at once. Encrypted decentralised digital ID (gov can’t corrupt or weaponise it). Full visibility on spending + data security for all. Financial freedom + privacy preserved.

Result? Lower overall tax burden. No tax on UHI itself. Incremental taxes on extra earnings kept well below current punitive levels so people aren’t penalised for working harder.

Only after this foundation do we enforce strict merit-based immigration and deport non-contributors/criminals, without the old dependency machine propping up problems.

Decentralisation is our best hope. Open, auditable, voter-driven. We fix root causes for natives and migrants alike instead of kicking the can or starting infighting.

Who’s ready for real systemic reset that we control?

My bias is clearly @MultiversX but DYOR, it has never been easier.

#UHI #Blockchain #FixBritain #Decentralise

[Mark X @MarkX867]

TL;DR:

Unchecked immigration + failed integration is breaking Britain (agree with Rupert Lowe).

But rushing mass deportations now risks serious unrest, especially while welfare dependency is high and police are stretched.

Smarter order:

1. First dismantle the wasteful, dependency-creating welfare system (middlemen eat most of it anyway).

2. Replace it with Elon’s Universal High Income (UHI) vision.

AI/robotics abundance delivering a high baseline living standard directly to citizens, removing perverse incentives for everyone (native or migrant).

3. Then do strict merit-based immigration + deport non-contributors/criminals.

This fixes root causes universally instead of targeting one group and sparking bigger chaos.

[DBCrypto @DBCrypt0]

🚨 Allbridge Core on Solana just got drained in a single transaction

No leaked key
No bridge exploit

The attacker didn't spend a dollar of their own money to do it

Here's what actually happened:

Step one: flash-borrow ~$1.12M USDC from @KaminoFinance

No collateral, no risk, because a flash loan gets repaid in the same transaction or it never happened

Step two: dump that borrowed USDC and USDT into Allbridge Core's stablecoin pool, back and forth, until the pool's exchange rate is completely warped.

Step three: withdraw liquidity at the fake rate the attacker just manufactured

Largest single pull reported around $2.24M.

Step four: repay Kamino the $1.12M, keep the difference, and away

Borrow
Swap
Withdraw
Repay

All atomic and all in one block

The pool trusted its own math on prices it should never have trusted. The attacker just fed it lies and cashed the receipt.

And the money's already gone. Funds are being routed through a privacy protocol as we speak, so good luck clawing that back

@osint_based caught the whole thing live on-chain while it was happening. The pool was empty before most people refreshed their feed.

And the part that should actually bother you?

This is the same flash-loan price-manipulation attack that's been draining DeFi since 2020

Not a novel exploit or some genius zero-day

A pool that priced assets off its own manipulable balances
A rate that could be moved with borrowed money
A design that assumed nobody would just... lie to it

We keep shipping the same vulnerable pattern and acting shocked when someone runs the same play

$1.1M gone because the pool believed a number it had no business believing 🤨

[Ant Middleton @antmiddleton]

Called this BS from the moment Starmer was out of the blocks spreading propaganda and division. The danger doesn’t come from the right. It comes from the deluded and corrupt @UKLabour allowing the UK to be wide open to become an extremist and terrorist breeding ground.
A general election has to be called! 🫡🏴󠁧󠁢󠁥󠁮󠁧󠁿

[Ant Middleton @antmiddleton]

‘THE UNELECTED PM’ it is! 🫡🇬🇧🏴󠁧󠁢󠁥󠁮󠁧󠁿

[HJB News @HJB_News__]

Labour’s plans to reduce prison overcrowding and starting from September 2026, will make around 2,500 convicted rapists, paedophiles, and other serious sex offenders eligible for earlier release, back onto the streets.

[Ant Middleton @antmiddleton]

Your taxes are being spent on people not services!
As the standard of service goes down or is unobtainable, the number of illegal immigrants rises! Not only do you now have a poor standard of living but also an extremely poor standard of individuals living amongst the extremely poor standards.
British standards are literally dying due to our corrupt and incapable @UKLabour government! 👊🏼
The boats must be halted. Ooh wait… Standby! 🫡🇬🇧🏴󠁧󠁢󠁥󠁮󠁧󠁿

[Mark X @MarkX867]

Scapegoat after scapegoat.

Each new face gets wheeled out with fanfare, makes a few token tweaks, then watches the country keep sliding while they face zero consequences.

No punishment.

No reckoning.

Instead, they collect their generous pensions and slide straight into six- and seven-figure incomes the moment they leave office.

These people have never worked for the public, not once.

They’ve only ever worked the system for themselves and their class.

[Mark X @MarkX867]

Spot on @Inevitablewest.

If governments can send billions abroad while citizens pay too much in tax, the priorities are clearly broken.

Yes, that smells like globalist capture.

Everyone fears real change because it threatens the corruption stacked on top of corruption.

But right now we have the tools to end it once and for all:

Put government spending, taxes and transactions on an immutable decentralised ledger.

Full transparency.

Verifiable by anyone.

No more hiding.

Decentralisation is the only way to break the cycle for good

[HJB News @HJB_News__]

The incoming UK Prime Minister Andy Burnham (who takes office on Monday after succeeding Keir Starmer) has signalled plans to significantly increase foreign aid spending by £17 billion.

[Boboc Daniel @XBoboc]

📊 @MultiversX confirms the uptrend, climbing into the top 10 with a 10.6% increase this week. $EGLD 💎 @CoinCodex

[HJB News @HJB_News__]

The United Kingdom is less than a decade away from becoming a Third World country. It already is.

[Mark X @MarkX867]

Spot on @Inevitablewest.

If governments can send billions abroad while citizens pay too much in tax, the priorities are clearly broken.

Yes, that smells like globalist capture.

Everyone fears real change because it threatens the corruption stacked on top of corruption.

But right now we have the tools to end it once and for all:

Put government spending, taxes and transactions on an immutable decentralised ledger.

Full transparency.

Verifiable by anyone.

No more hiding.

Decentralisation is the only way to break the cycle for good

[Inevitable West @Inevitablewest]

If your government can afford to send billions to foreign countries, then you are paying far too much in tax.

You are also owned by globalists.

[Inevitable West @Inevitablewest]

If your government can afford to send billions to foreign countries, then you are paying far too much in tax.

You are also owned by globalists.

[Boboc Daniel @XBoboc]

🫡Top @xPortalApp !
$EGLD 💎 @MultiversX

[Mark X @MarkX867]

Revenue matters long-term.

Especially in a bear market where volumes and activity are down across most of crypto.

In the @MultiversX ecosystem specifically (DefiLlama data):

• xExchange (main DEX): ~$5k protocol revenue last 30d, ~$15–19k in fees.

Recent week:

$4.74k fees generated → $1.78k paid directly to Energy (xMEX) holders.

• AshPerp: Highest cumulative revenue here (~$230k total, ~$115k monthly avg).

• XOXNO (NFTs): ~$71k cumulative.

• Overall chain/protocol revenue stays very low by design (30d often ~$5k range) because fees are intentionally tiny to drive real adoption.

That’s why we’re seeing strong daily tx (~182k) and active accounts (~98k) even now.

Supernova mainnet drops Sept 10 with a new fee model that directs more to builders.

Revenue should scale as usage grows.

[Mark X @MarkX867]

This is exactly why @MultiversX stands out as the ideal Layer 1.

While centralised systems keep printing and concentrating power, MVX has spent years building the real alternative:

A highly decentralized, battle-tested platform with thousands of independent validators securing the network.

Supernova is bringing sub-second finality (600ms blocks) by decoupling consensus from execution.

Delivering speed without sacrificing security or decentralization.

Open Rails are already live for the agent economy.

Real daily usage, low fees, and consistent upgrades through the entire bear market.

No hype cycles.

No single point of failure.

Just steady execution on a foundation that actually works.

This is the infrastructure the future needs.

[Mark X @MarkX867]

CZ said nations will print unlimited money to buy Bitcoin.

This is not crypto commentary.

It is a direct description of how fiat systems work and why they produce the same problems we see in the UK.

Central authorities control the money supply with no hard limit.

They can create new units to fund spending, debt, welfare expansion or asset purchases.

Every new unit printed reduces the value of the money already held by everyone else.

This is the core design flaw of fiat.

In the UK it shows up as rising national debt, welfare systems that expand while real wages and productivity struggle, immigration and integration costs added to an already strained budget, and repeated reliance on more taxes or borrowing instead of fixing root causes.

Centralised control over money lets governments avoid difficult choices and the public pays through slower erosion of purchasing power.

History shows where accelerated printing leads when it is not matched by real growth.

Weimar Germany saw wheelbarrows of cash needed for basic goods.

Zimbabwe experienced daily price doubling at its peak.

Venezuela suffered currency collapse and empty shelves while the presses ran.

The UK has not reached those extremes but the same mechanism is in operation.

Centralised fiat does more than affect prices.

It concentrates power.

It enables top-down welfare that creates dependency, spending that lacks full transparency, and systems for identity or voting that remain vulnerable to insiders.

Trust is placed in institutions that have every incentive to grow their own control.

The decentralised alternative removes that single point of failure.

Rules are enforced by code and open ledgers that anyone can audit in real time.

This allows transparent tracking of every tax pound, fraud-resistant support systems that reduce administrative bloat, and digital identity that cannot be weaponised by central authorities.

These are not theoretical ideas.

Projects are already shipping the infrastructure required, including sub-second finality achieved by separating consensus and execution, live scalable frameworks for decentralised applications, and thousands of independent validators securing the network.

Fiat’s unlimited printing power is the root enabler of problems we keep trying to solve with more centralised fixes.

Whether the issue is welfare traps, immigration costs, election integrity or the gradual loss of purchasing power, they all trace back to systems where a small group controls the money and the rules.

Decentralisation removes that control and replaces it with verifiable truth and individual sovereignty.

The printing will continue.

The only real choice is whether we build the systems that let people escape and replace the old model.

Decentralisation is the only solution.

What broken centralised system do you want to replace first?

[Mark X @MarkX867]

@hominidul @MultiversX @CodeMultiversX @multiversxfndn Please do, here to answer whenever available.

[Mark X @MarkX867]

Daily tx today: ~182k (recent high 281k).

Active accounts: ~98k. Total accounts:

9.2M+. Validators: 3,200+.

Fees are intentionally tiny (~$60–700/day total).

Not ‘2 people’, check
https://t.co/trBC6znohs.

Supernova lands Sept 10 for even better performance.

Facts > memes.

[Mark X @MarkX867]

The initial supply was 20M $EGLD. Roughly 10M more have entered circulation since genesis through scheduled staking rewards that secure the network with over 3,200 independent validators.

This is not the same as fiat printing.

Central banks create new units with no transparent limit or offset to fund spending and debt.

Exactly as CZ described and as we’ve seen in the UK and historical examples like Weimar, Zimbabwe, and Venezuela.

Every new unit dilutes everyone else’s holdings without corresponding value creation.

On @MultiversX the emissions are protocol-governed and auditable by anyone.

They are offset by real transaction fee burns.

The more the network is actually used, the stronger the scarcity mechanism becomes.

The updated tail inflation model ensures sustainable security incentives long-term while linking value directly to adoption and usage.

This is precisely why @MultiversX stands out as the ideal Layer 1 for the problems you highlighted.

Supernova delivers sub-second finality (600ms blocks) by separating consensus from execution.

Open Rails are live for the agent economy.

Real daily usage, low fees, consistent upgrades through the entire bear market.

No hype cycles, no single point of failure.

Steady execution on a foundation that actually works.

Decentralisation removes the control and replaces it with verifiable truth.

[Mark X @MarkX867]

The connection is staring you in the face, bro.

My post was about how centralized fiat (unlimited printing, concentrated power, the exact problems CZ was describing) gets replaced by real decentralization.

$BTC is the original proof-of-concept that made that conversation possible.

It showed the world you can have sound money with no single issuer, no trusted third party, and rules enforced by code + open participation.

That’s the foundation.

@MultiversX is one of the projects actually building the next layer on top of that idea.

Highly decentralized validator set, adaptive sharding, sub-second finality coming with Supernova, low fees, and real usage through the bear market.

No hype cycles, just steady execution.

So yeah, there’s a connection.

BTC proved decentralized money could exist.

We’re showing what scalable, usable decentralized infrastructure looks like in practice.

Trying to act like BTC has nothing to do with the conversation is the classic “ignore the origin story so my altcoin looks like it came out of nowhere” move.

Nice try though 😂

[Mark X @MarkX867]

@CarmenNeg2 @MultiversX Name one lie.

[Mark X @MarkX867]

Assuming you’re referring to the MultiversX Foundation.

$EGLD still has clear, predefined issuance rules.

Even with the tail inflation model.

It’s not unlimited “printing” like fiat.

The Foundation has been transparent from day one about what they receive, when it vests, and how it’s used.

Everything is on-chain and publicly verifiable.

Price drops during bear markets and low sentiment are normal.

The team didn’t borrow against tokens or dump holdings.

They stuck to the plan they publicly committed to.

Gradual, scheduled releases are how sustainable ecosystems are built.

I’m sure they would’ve preferred releasing into a stronger market, but pausing wasn’t an option.

It would have hurt security and development.

What specifically are you concerned about with the model?

[Wall Street Apes @WallStreetApes]

Every person living in a western nation needs to listen to every word of this

Katherine Berbalsingh went to the University of Oxford and is Headmaster at Michaela Community School in London, UK

She PERFECTLY explains the mass indoctrination into the narrative of oppressor and oppressed, and of hating White People

I will write only some of this out because it’s very important, however you should listen to it so you can hear the passion:

“The culture shift comes from what children learn at school and online. Ask any young person what history they learned at school, and they’ll tell you, Hitler. Ask them what else? Slavery. Ask them what else? American civil rights.

In fact, what little they know of history will be all about Black and brown people fighting for equality against the white man, women fighting men for the vote, gay and trans people fighting for various rights. Our young people have been taught that history is simply one long story about various groups struggling under the oppressive dead white man.

— History is taught through an oppressor lens. The triangular slave trade, white men held the power. What about Britain ending the slave trade? More than a quick mention, if at all? Mm, no.

What of the Arab slave trade that lasted 3 times as long as the triangular slave trade? Mm, no.

Okay, so GCSE history in Britain is often taught as migration through time, so the idea that Britain has always been a land of immigrants is embedded in our children’s heads. Most schools would prefer to concentrate learning about the tiny number of Black people who existed in Tudor England over a thorough analysis of England’s break from Rome.

— Not to mention weeks on King Mansa Musa of Mali because he was a Black Muslim. His bearing on British institutions, laws, and faith is nonexistent. And the fact that he is said to have been the richest man in history, thanks in part to his massive slave-owning society, is a detail somehow that teachers rarely ever teach.

But it isn’t just our schools. It’s our general culture too. Take your kids to a museum or an art gallery in any Western country, and you’ll find the same narrative.

As an example, when learning about aviation in London’s Science Museum and the extraordinary feat that is man making massive machines move in the sky, a write-up on the wall explains that women and Black people were historically barred from aviation schools and the military. Similarly, James Watt, the man who invented the steam engine and is considered the founder of the Industrial Revolution, has a write-up on the wall explaining that his early career involved slave trafficking, with a bonus analysis of the whole of Britain’s complicity in the slave trade.

They flatten the entire human story and all of its complexities into the narrative of oppressor and oppressed, leaving young people unable to see the world in any other terms.”

We have to end the mass indoctrination