New #airdrop: TDX & Zoth (New)
Reward: 100 Points & 500 USDT
News: Backers, TheBlock
Distribution date: November 20th
🔗Airdrop Link: https://t.co/2ixZheBbvP
1: Sign up with your email address and complete all tasks
2: Also Get USDT and points rewards through this airdrop
Details: https://t.co/Neow3tvmx7
Kicking off Ripple Swell with a bang!
RLUSD has been nearly a year in the making, and with our trusted exchange partners, market makers, and advisory board, RLUSD is set to become the gold standard for enterprise-grade stablecoins—built on trust, liquidity, and compliance.
I just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November. Here’s why:
Over the past few years, the Biden Administration has openly declared war against crypto. It has weaponized multiple government agencies to bully, harass, and sue the good actors in our industry in an effort to destroy it. This Administration's actions have been nothing short of an unprecedented abuse of power wielded entirely for twisted political gain at the complete expense of innovation, the American taxpayer, and the American economy. There is nothing the Biden Administration can do or say at this point to pretend otherwise.
Some of the lowlights include the following:
The weaponization of the banking system against crypto companies and their principals. Known colloquially as Operation Choke Point 2.0, this starts with the OCC (a federal agency that licenses and regulates national banks) and the FDIC (a federal agency that provides deposit insurance to banks) giving “guidance” and instructing banks behind closed doors not to bank crypto companies. Any bank that doesn’t follow orders is threatened.
The conversation goes something like this: “That’s a nice bank you got there. It sure would be a shame if something were to happen to it because you bank some crypto folks.” If this tactic is not enough to scare a bank into line, the examiners will be sent in to turn everything upside down. This will almost certainly lead to some “finding” — show me the bank and I’ll show you the crime — that results in a massive fine or new supervisory rules and conditions that cripple a bank’s ability to operate. The risk is simply too great. Banks can either choose not to bank crypto companies or have that choice made for them.
These agencies have God-mode over banks because they can yank their license or FDIC deposit insurance at any time citing “safety and soundness” concerns. That is why they can behave like characters out of the Godfather and intimidate banks into dropping any customer or customer segment they want. This behavior of de-banking entire industries that are completely legal, but ideologically out of favor, began during the Obama Administration, when President Joe Biden was Vice President. It was nicknamed Operation Choke Point 1.0 back then and is a well-documented stain on the Obama Presidency. The Biden Administration has dusted off the playbook and has been running it at full speed against the crypto industry.
The blast radius has extended beyond crypto companies to individuals who work at them. I personally have lost multiple bank accounts because I own crypto and my investment firm @winklevosscap has as well.
The weaponization of the Securities and Exchange Commission (SEC) against crypto. The Biden Administration’s SEC has not written a single rule for the crypto industry to help any of its participants understand how to navigate the regulatory landscape for this new asset paradigm. This is by design.
By not writing any new rules for crypto, the SEC can disingenuously say that the existing rules — based on a 1946 Supreme Court decision about a citrus grove in Florida, issued before most homes had a telephone and 50 years before the advent of the commercial Internet — are fit for purpose. They are not.
Here’s one example. If ether is a security, an open question up until 48 hours ago, then you would be breaking securities laws if you sent ether to a friend from your smartphone to their smartphone. Why? Because only a broker dealer is allowed to transfer a security. And it can only do so to another broker dealer. From this example alone, anyone can understand how classifying a crypto like ether as a security would gut its utility and destroy its ability to usher in a decentralized future. It’s like asking an automobile to behave like a horse. Yet that is the position the Biden SEC has taken towards almost every crypto. It does this not because it doesn’t understand the consequences, but because it does. These are exactly the consequences it wants. To kill crypto.
By taking the ridiculous position that almost every crypto is a security, the Biden SEC has given itself the plausibility and carte blanche to bring litigation against any crypto project and company in the United States. The game is simple. Make it impossible to comply, then sue everyone for not complying. And that’s exactly what the Biden SEC has done over and over again to good actors in the space. Instead of the SEC hashing out rules for crypto — something that could be done in a matter of days — rules will be written years from now by judges and juries who determine that the SEC acted in bad faith and was wrong all along. The time and economic waste will be tremendous. The damage will be done. But that’s the point.
The Biden Administration has polluted the mission and corrupted the integrity of these agencies. All of them are led by unelected bureaucrats appointed by President Biden to carry out his marching orders. The moral compass of these foot soldiers is political gain and their higher calling is political power. Congress never granted them the statutory authority to determine the fate of the crypto industry or any other legal industry in America and they are totally unqualified to act as the gatekeepers of economic life in our country. That is the role of the market.
And yet the crypto industry is not alone. The Biden Administration has consistently attacked American business across the board and villainized its greatest heroes. The crime is always success and the reward is always ridicule, fines, and even more red tape. But to be clear, the Biden Administration doesn’t hate success outright. Only the kind that lives outside of its control. Once it figures out how to confiscate or coerce it, the Biden Administration becomes quite enthusiastic about success, gleefully manipulating it or redistributing it in a transparent attempt to buy votes. Over a long enough time scale, it's easy to see how these policies will lead to the destruction of our economy and our country.
Capitalism lifts people up. When allowed to flourish properly, it is the greatest generator of wealth and prosperity the world has ever known and it's the only economic system that can achieve all of this peacefully, while upholding the freedom and dignity of every individual who participates. With certain conditions in place — like the ability for anyone to incorporate a company, open a bank account to accept customer payments, and operate in the open market without government interference — innovation and wealth creation will thrive unbounded. Remove any one of these building blocks and you will have an entirely different system with entirely different results. This is exactly what the Biden Administration has done to the crypto industry and many other industries in America. It has been dismantling our economic way of life and the system that made America the greatest country in the world. And it has done this solely for its own power, control, and political ambition.
Of all the capitalist experiments, America has been the greatest. I have seen and experienced this first hand many times. @Gemini, a crypto platform I founded in 2014 with @cameron, went from an idea on a napkin to becoming a company that has employed thousands of people over the last decade and helped millions of customers gain access to crypto. I’ve had employees thank me in tears because their time at Gemini allowed them to buy a house for their family. I’ve had customers approach me on the street and thank me for building Gemini because it helped them achieve financial freedom and start their own business. It is these experiences that give me the greatest joy and provide meaning for everything we do at Gemini. The Biden Administration has tried to tear all of this down. I am not going to stand by idly and let them. I’m going to continue fighting for what I know to be so right.
President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice. This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth. It’s time to take our country back. It’s time for the crypto army to send a message to Washington. That attacking us is political suicide. This is why I will be casting my vote for President Trump in November and I hope you will too. Onward!
📖 EXPLAINED: Ever wonder how some crypto trading platforms offer 0% trading fees? 🤔
The answer lies in a practice called Payment for Order Flow (PFOF). PFOF is a system where crypto exchanges or brokers route your trades to specific market makers or liquidity providers in exchange for a fee.
Instead of executing your trade directly on the open market, your broker sends it to a third party that pays them for the order.
Originally from traditional finance, PFOF has found its way into the crypto world. Brokers love it because it's an extra revenue stream, but traders often don't see the immediate cost.
Pi Network celebrates 2000 days since its official launch on March 14, 2019! This milestone reflects the steady, ongoing efforts of our community—as we move ever closer to our vision of building the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi. Each step forward is bringing us towards Open Network, where persistence and commitment shapes our shared future.
Image was created by mod @ diange.
The biggest #Bitcoin conference is coming to Abu Dhabi 🇦🇪
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Are we not going to talk about how big blueberries have gotten in the last few years? They are approaching the size of grapes and no one seems to care.
Long GMO food or directed evolution or whatever process they are using to technically have it not be GMO, although they should probably just own it.
Not on holiday yet so I'll allow myself one more thread...
The markets are crazy! NFT are just jpegs! Dog coins! Cat coins! Tesla ! GameStop!
Everyone is going to get burned! Don't they realize about discounted cash flows?!!! These people are ruining everything! Green energy?!
Who is Satoshi? 🤔 @HBO claims to have the answer!
Drop your guess below, or maybe... we’ll never know! 🕵️♂️
1️⃣Follow us
2️⃣QT with your answer & tag 3 friends
3️⃣Fill: https://t.co/5X6eorLw9o
#satoshi#petertodd#crypto
🔥 The 100 USDT #GIVEAWAY is ON!
💸 10 lucky participants each win 10 USDT
1️⃣Follow us
2️⃣QT with your answer & @ 3 friends
3️⃣Fill: https://t.co/OeIv8DtBfP
#OMOCHI $HIPPO $NEIRO #crypto#BitMart
Americans in the southeast die 10-20 years earlier than people in other parts of the country.
Shocking when you see it visualized like this.
(Credit: Jeremy Ney)
My first book publishes today.
It has nothing to do with hardcore finance or bitcoin, but everything to do with self-improvement, constant learning, and living the life you want.
The book, which is titled How To Live An Extraordinary Life, is a compilation of 65 letters to my children on various life lessons I have picked up over the years.
I never had an intention to write a book, but as I started writing these letters in private it struck me that many other people could benefit from these insights.
The beauty of the book is that each letter is the product of a mistake I made, a piece of advice someone gave to me, or an experience I lived through over the years. You will learn lessons about money, investing, work, relationships, health, and happiness.
None of the ideas are my own — I had to live my life and rely on people much smarter than me to teach me all of this information.
Each letter in the book is structured to share the lesson, explain how I learned it, and then give actionable advice on how to implement it in your own life. My goal is to share the information with my children and some of you. These are timeless lessons that have been passed down to me, so their survival over time signals their accuracy and value.
As you all know, I hate asking people for a favor. But the publisher has told me that sales in the first week really matter for the long-term popularity of the book.
With that understanding, if I have ever helped you in any way (taught you something, given you an idea, made you think more critically, etc), then please consider buying the book today.
BUY NOW: https://t.co/wZxGpyLcgY
Quick update:
There's a possibility of one last shakeout, with $BTC testing the $48k-50k zone and $ETH $1.8k-2k, before the real altseason begins.
If that happens, I'll be adding more to my altcoin bags.