yannick

Down bad degen

[Gwart @GwartyGwart]

It is rather unfortunate you lost your son’s college fund at the roulette table last night but I hope you noticed how smoothly the wheel was spinning and how efficiently the dealer scooped your chips off the table

[Matt Hougan @Matt_Hougan]

I can't stop thinking about this quote from US Secretary of Treasury Scott Bessent:

[W]e are going to keep the U.S. the dominant reserve currency in the world, and we will use stablecoins to do that.

However big you think stablecoin AUM will get, you're probably thinking too small. So, the question becomes: What does the rest of the crypto market look like if stablecoin AUM is multiple trillions?

[Andy @andyyy]

BRING BACK THE CRYPTO INVESTING ERA WHEN BEING EARLY WASN’T ABOUT BEING FIRST TO APE GARBAGE ON LAUNCH DAY, RATHER DEVELOPING A THESIS AND BELIEVING IN SOMETHING WHILE HOLDING FOR YEARS

[Operation Epic CMS @cmsholdings]

Some thoughts on the cycle

[vitalik.eth @VitalikButerin]

@rstormsf @alex_pertsev You created Tornado in significant part because of my suggestion that it is something worth building.

It would violate basic honor for me to do that, and then fail to support you in your hour of need.

In Ethereum we protect our own, and uphold our honor.

Milady

[dude @helloimthatdude]

Official Trump's Cleaner $CONSUELA

0x0dcBC0423D94C74D6b16708fC02aA38a263A6646

[Daniel Prince @Princey21M]

So, why did $TRUMP choose to start a shitcoin and why on Solana?

Shall we follow the 'MoNeY' to find out if there are any conflicts of interest and misaligned incentives?

🧵

[0xAphelion @0xAphelion]

Imagine going back to ‘22 post FTX and someone tells you within 3 years the president launches a coin on Solana

[Erik Voorhees @ErikVoorhees]

Trumpcoin is stupid and embarrassing

Trumpcoin is a signal of sea change in US fintech policy towards much more permissive innovation

Both are true

[Garga.eth (Greg Solano) @CryptoGarga]

launch your token on sol where toly and raj will greet you with open arms

or on eth where podcasters cry that nfts are securities while they get allos in all the scam alignment infra

hmm

[Ramp Capital @RampCapitalLLC]

Now they’re trying to delete the evidence $HAWK

[smolting (wassie, verse) @inversebrah]

a gud spot to park a smol fraction of ur gargantuan hype profits iwo

pls rt 💚

[Bill Hughes @BillHughesDC]

🚨I have two independent sources confirm that Biden’s Treasury/IRS bureaucracy is proceeding with their software dev tax reporting rulemaking, undaunted by the fact that their policies regarding crypto have been a proven political failure.

Boots and saddles, everyone. Time to let Congress, the incoming administration, and the outgoing one (as they update their LinkedIn profiles) know that turning software developers into tax reporting intermediaries is horrible crypto-killing policy. This 11th hour attempt to cripple US innovators cannot stand.

[John Galt @lurkaroundfind]

Three core reasons I expect $LQTY to keep grinding higher:

1. Attention. There will be a Liquity v2 fork on every major EVM chain. Within the next 3 months, 95% of active DeFi users will personally use a Liquity fork.

2. Non-dilutive incentives. Liquity on Eth mainnet will have 10s of millions of dollars of incentives from dozens of forks - each fork contributes ~4% of token supply. But zero LQTY will be used - so no dilution for LQTY holders!

3. Asymmetric upside. An uncensorable and sustainable stablecoin is something the Eth ecosystem and the world in general desperately need. If it works, the $BOLD supply could potentially go to $10B over the next few years.

In three months Liquity will have huge attention, huge stream of free incentives, and people will better understand the huge potential of BOLD.

LQTY is 97% circulating, listed on all major CEXes, and only valued at $165M. I've never seen a DeFi token with such a high circulating supply, low valuation, and high growth potential.

[John E Deaton @JohnEDeaton1]

Not only was SBF NOT debanked, he was provided unprecedented access to Congress and U.S. regulators, despite being the CEO of an offshore exchange.

He met with @GaryGensler AT LEAST twice. He met with the Chairman of the @CFTC. He had a personal meeting with the Chairwoman of the @FSCDems @RepMaxineWaters, who blew SBF a kiss because she was so smitten with him (or his 💰I should say).

SBF TESTI-LIED before Congress. He had access to the Senate Banking Committee as well as the White House.

That kind of access cost him $72M in political donations to Democrats plus $10M to the current Administration. At SBF’s trial, testimony was provided that showed when SBF was asked by Caroline Ellison what’s the $10M for, SBF replied “to gain access.” And boy did he get it.

SBF’s dad is Joe Bankman, who wrote @ewarren’s tax policy when she ran for president. SBF’s mom is Barbara Fried. She runs Mind the Gap - a super pac dedicated to electing progressives.

Why was SBF’s campaign finance fraud case dismissed?

Why haven’t SBF’s parents faced criminal charges? They received $10M in stolen FTX customer funds and had tens of millions of dollars in Bahamian luxury real estate in their names, paid with stolen customer funds?

Don’t forget, during the same time Gensler was meeting with SBF, @brian_armstrong @iampaulgrewal and @coinbase were told Gensler would not meet with them and that the SEC would not be taking Crypto meetings. 🤔

Why would Gensler agree to meet with the CEO of an offshore exchange but not meet with the CEO of America’s largest exchange?

There was a rumor going around that Gensler was close to cutting a deal with SBF that would grant FTX a regulatory advantage.

Gensler is 💯 a bad person. He lied before Congress multiple times. He lied about not knowing how to set up his work email at home and that’s why he used a private email while at the CFTC. This crook was the youngest partner in Goldman Sachs history, taught Blockchain at MIT, but couldn’t “figure out” his work email? Give me a frickin break!

He lied for @ewarren and testified-lied exactly how she told him to and said the “only” use case for Bitcoin and crypto assets is for criminals.

At MIT he said XRP and ETH needed regulatory clarity from the SEC and then testi-lied before Congress and said the rules were crystal clear.

He was Hilary Clinton’s CFO and would’ve been the person responsible for approving the payment for the Steele Dossier related to Russia and @realDonaldTrump. Yet, he testified-lied and said he had no idea that it was paid for by the campaign. Think about that: A SEVEN FIGURE PAYMENT is made by the Hilary Clinton Campaign but the Chief Financial Officer knows nothing about it.

Gary Gensler is a criminal. Period.

One way to end all the speculation and rumors related to SBF is to release all correspondence and meeting notes related to him.

@realDonaldTrump @elonmusk @VivekGRamaswamy please assign me to lead the investigation into this and/or Chokepoint 2.0. I’ll do it for free and save the taxpayers money.

[ZachXBT @zachxbt]

It was announced that Binance would delist GFT on Nov 26, 2024.

A few hours ago the Gifto team minted another 1.2B GFT on BSC which more than doubled the total supply.

GFT was then deposited to Kucoin, MEXC HTX, Bitget, Binance, OKX, & Gate.

Binance
0x98002aFd16071A0dBF8d7608a856DDC405aE7095
0xDf8C303C718d0cF5E37E3F9DD2aA39fa99E41eC9
0xEdD38846607aEDbEAE0E1b750Fa2511a7Abc48c3
0x7c38405AFEFb08471B789354Cc06932F4287a02E
0x8070a9Df33B01df8c2fF16E61DB76EAe9CD25e58

MEXC
0xCcb9596571e1e0E1D1404e20336e901c8afe74D0
0x8F851D927148dB55ce9C33Dd5118442C9fb42D55
0x5796081800bDc4569711b066269647e6140E5fC8

Kucoin
0xa21a763d5c21ac7B00D484dBEe47BB62C1CC72BB
0x1324F70A4e86F2973A3612185fc360De9f6F6f6B

Bitget
0x2EFf9A076af7597F5c8F9D83020Fe33fA92B0d55
0x7FC718e1eeedAD8FA2d0BeE94a4876fEc97fB48b
0x6eDDA96C55CD2a190aBE9b7076dA7d533686aD21

HTX
0xD8E5702Cc7E3f79428839E40473bE6202Be46f42
0x8193Bd71962c3DaE6e438A17CE704a4f7Ee00662
0xBF59B1fd19952B7CBE79DEcD04B515591A5F3aa2
0x2Bac7e365C1D218c5A1f78F1a0bAE23774FC2733

OKX
0x772b1f6C4dE857F08cF3DE266576f265D5d5b494

Gate
0x2Eb6de18f875322773E2fA8CD1996C57fBf16148

[Daryl Lau @Daryllautk]

Truth Bombs after 7 Figures
- you're literally in the top 1%, stop doomscrolling crypto twitter
- could retire in asia tomorrow and never think about gas fees again
- clear the basic human needs: house, car, family debts
- your parents didn't work their whole life for you to blow it on leverage
- take the win, most never get here
- touch grass immediately (market can wait)
- retire your family (non-negotiable)
- realize 5% yearly return on 10m = more than doctor salary
- you have infinite leverage, don't waste it on mid projects
- build for generational wealth or don't build at all
- find what makes you happy, delete what doesn't
- you don't owe anyone anything (especially crypto twitter)

real talk:
- money just amplifies who you already are
- happiness comes from removing problems, not adding zeros
- your time is now worth more than your trades
- most people get rich once and poor twice
- hardest skill is learning to sit still

remember:
- no one got poor taking profits
- asia is always an option
- your family and friends > your portfolio
- touching grass is non-optional at this point

[Kakashi @kkashi_yt]

This user been buying bitcoin $30 a day DCA and after 7 years, 10 months and 12 days, made it to $1M portfolio.
Total spent $86,370 which now worth $1M

[Doc @docXBT]

Have had Zoran muted for months but word still gets around in discords etc.

He probably elevated himself to Capo status this summer and will live off a steady flow of crypto KOL stuff forever.

All bc you guys gave him infinite engagement for his yapping. The truth is, many of you love the CT drama reality show more than you love getting better at the game.

Next time someone gets super loud, just mute them.

Focus on getting better instead.