Hot people doing rich stuff on fancy boats and you’re not hot enough or rich enough or fancy enough but if you start taking Reta maybe you’ll get invited to the boat parties!
Kysfaggot
“The only way crypto actually breaks into the traditional world is if you don't have to know it's crypto”
Gud quote
In my world you will never need to touch a dirty gas token
BANKMAN-FRIED SEEKS TRUMP PARDON AFTER FTX COLLAPSE
FTX co-founder Sam Bankman-Fried has formally applied for a presidential pardon after his 2024 conviction for fraud tied to the $10 billion collapse of FTX. He submitted the request to the Justice Department’s Pardon Attorney Office, seeking relief after sentencing. Bankman-Fried, serving a 25-year term, was convicted of orchestrating the scheme affecting customers and investors. The White House and his representatives did not immediately comment on the filing.
Michael Saylor(@saylor)'s @Strategy bought another 1,550 $BTC($101.3M) at $65,332 last week.
Strategy now holds 845,256 $BTC($53.12B) at an average price of $75,680 and is currently sitting on an unrealized loss of $10.85B(-16.96%).
https://t.co/BfplMmaruZ
@blknoiz06 MSTR<>STRC<>BTC is basically Saylor's scalability trilemma.
Like a fuck, marry, kill.
Except this game results in liquidations and pain.
A guy calls his broker and asks about egg futures.
Broker says they’re at 25 cents.
Guy says, “Alright, buy me 100 contracts.”
A week later he calls again.
Broker says, “Good call. They’re at 35 cents now.”
Guy gets excited and buys 1,000 more.
Few days later, he calls again. Eggs are at 50 cents.
Now he thinks he’s a genius, so he buys 100,000 contracts.
Next day they’re at 65 cents. He buys a million.
Then they’re at 95 cents. He buys another million.
Then $1.25. He buys another million.
Next day, eggs are trading at $1.75.
He finally thinks, alright, this is probably enough. Time to take profit.
So he tells his broker, “Sell 2 million contracts.”
After a long silence, broker finally says:
“Sell to who? You’re the egg guy.”
And on that point specifically, if some cryptographic failure undoes Bitcoin, certainly no one is going to trust a wildly more complex and black box coin that ALREADY had a massive cryptographic failure that led to a (likely unexploited) inflation bug.
Privacy is the enemy of auditability. A coin like ZEC with shielded transactions will never be as credible as a transparent coin because of the fundamental auditability tradeoff. And it will always have question marks hanging over it due to the frequency of inflation bugs in all major coins and the vastly greater attack surface. With transparent coins at least they can be detected and remediated.
So anyway, FUD Bitcoin at your own risk. You better hope it survives.
At this point, we’re hoping Saylor sold a disgusting amount of bitcoin. I'd say over 10k.
Because if this dump happened and he barely sold anything this week, the market is so fucked, af, aw.
Sell in May because we’re all going to die and everything’s going to zero and crypto isn’t quantum proof and Saylor is going to send bitcoin to the shadow realm