Queue.esq

Lawyer | Crypto/Defi/NFT Enthusiast l DAO Governance

[Queue.esq @Queue_crypto]

So everything will just stay the same as it is already? Got it

[Watcher.Guru @WatcherGuru]

🇺🇸 US presidential candidate Robert F. Kennedy Jr. warns the Federal Reserve's 'FedNow' digital currency will result in financial slavery and political tyranny.

[Queue.esq @Queue_crypto]

Horrifying

[Queue.esq @Queue_crypto]

Wtf is going on right now? Not even in crypto, just generally

[Queue.esq @Queue_crypto]

You have to wonder if this attack on staking is just phase 1 of a far more comprehensive enforcement based approach to crypto

[Queue.esq @Queue_crypto]

And yet, we push onward😤

[Watcher.Guru @WatcherGuru]

Bankrupt #crypto companies 2022-2023:

• Three Arrows Capital
• Celsius Network
• Terraform Labs
• Voyager Digital
• Core Scientific
• Babel Finance
• Hodlnaut
• Genesis
• BlockFI
• Zipmex
• FTX

[Queue.esq @Queue_crypto]

How can you see the current state of the world being so fraught with fraud and abuse, and not be drawn to blockchain technology?

[Queue.esq @Queue_crypto]

Trad-Fi (specifically banking institutions) continue to make the most compelling cases for De-Fi

[Queue.esq @Queue_crypto]

Now Binance is freezing withdrawals? Lord save us, see y’all at the bottom

[Queue.esq @Queue_crypto]

@louisraskin Proof of Reserves is our only hope for exchanges going forward

[Queue.esq @Queue_crypto]

"Explain it to me like I'm 5." Well, here you go. 99% of the entities in this space don't need their own native token and simply do to raise money. Now, we see how this has led to an implosion with under collateralized institutions and leverage baked into balance sheets

[Lyn Alden @LynAldenContact]

Imagine McDonald's makes its own money, let's call them clown-bucks, keeps most of it, and sells some to the market.

McDonald's then uses their remaining clown-bucks as collateral for actual loans.

And then people remember clown-bucks aren't real.

[Queue.esq @Queue_crypto]

At this point, Proof of Reserves for exchanges must be our champion to appease regulators

[Queue.esq @Queue_crypto]

I guess what we thought was SBF/FTX acquiring every insolvent exchange/fund in attempts to become a monopoly or save crypto was actually them trying to solve their own liquidity issues. Yikes.

[Queue.esq @Queue_crypto]

Crypto Markets: "Alexa, play Get Low by Lil Jon"

[Altcoin Daily @AltcoinDaily]

SBF (CEO of #FTX) has filed for bankruptcy and personally owes lenders $650M+. 💰

[Queue.esq @Queue_crypto]

Has there ever been a more unhinged Bear market? Hard to imagine if so

[Queue.esq @Queue_crypto]

https://t.co/Es0vVlzzMd Things are about to get seriously out of hand. Like even more out of hand than they already are😬

[Queue.esq @Queue_crypto]

https://t.co/meO6ewtnsG Will be an important follow

[Queue.esq @Queue_crypto]

https://t.co/BiYeK284Xf Ya love to see it

[Queue.esq @Queue_crypto]

https://t.co/YkAB1kD0aC Big round of responses concerning CBDC's coming in hot

[Queue.esq @Queue_crypto]

Just imagine how much we can learn between now and the next bull run

[Queue.esq @Queue_crypto]

https://t.co/yzkrRX2wi2 Anyone who was paying attention knows this to be true