Mr Chocs 🐼

Bootstrapping parallel economy. Breaking and repairing as we go #Bitcoin #Ethereum

[Mr Chocs 🐼 @chocity_mpho]

The thing is there has never been anything like $BTC so comparing it to something else is dumb. Let $BTC writes it’s own history $crypto

[Mr Chocs 🐼 @chocity_mpho]

@ExitLiqCapital Trump family laundering money

[Mr Chocs 🐼 @chocity_mpho]

@THORChain

[Mr Chocs 🐼 @chocity_mpho]

@farzamehsani @VALRdotcom When JSE stocks ser? The little guy want easy access. Break the shackles

[Farzam Ehsani @farzamehsani]

South Africa's Exchange Control Regulations of 1961 are rules from the apartheid era. Since then, the US, the UK, France, Spain, Finland, Taiwan, Singapore and many more countries have abolished their exchange controls and prospered.

Nelson Mandela explicitly envisioned a South Africa without exchange control regulations.

As president, in his 1996 State of the Nation Address, he declared: "In order to improve the investment climate, our monetary authorities are reviewing, on an on-going basis, the timing and pace of lifting existing exchange controls. For us, it is not a matter of whether, but of when, these controls will be phased out."

That was thirty years ago.

Former Reserve Bank Governor, the late Tito Mboweni, said in 2005, “For all intents and purposes exchange controls have become purposeless."

Even Dr Gerhard de Kock, who served as Governor of the South African Reserve Bank during the late apartheid era, said exchange controls "keep more money out than in and work when you don’t need it, and not when you do.”

VALR will always abide by the law. And we will work with the regulators to find a framework that works for South Africa.

But my sincere wish would be for South Africa to be emancipated from these regulations that were meant for a previous age.

[Mr Chocs 🐼 @chocity_mpho]

@WatcherGuru Says someone who charges toll fees on foreign goods to enter his country 🤦‍♂️

[Stafford Masie @staffordmasie]

Ok, that was the fourth journalist pinging me about Eskom and Bitcoin mining after their chairman disclosed a little yesterday. I can only confirm that it is happening. I can't say more than what I've said in these X posts below. There is SO much more to this than just daytime selling of (curtailed) solar pv and I can't wait for the BitMach team to share more. Bitcoin's Proof-of-Work changes nations and saves lives! 🙌🧡🇿🇦⚡️🧡🤫

[Mr Chocs 🐼 @chocity_mpho]

@staffordmasie I don’t know why it took this long. So much time and money wasted by not doing it earlier. The revenue from this should push Eskom to accelerate the process to allow customers to feed access solar energy back to the national grid

[Mr Chocs 🐼 @chocity_mpho]

@crypto_condom @Pentosh1 The gap between the winners and the losers will continue to widen. The time to bet on the leaders competitors is over. The will be no more better Aave, UNI, lido etc. just go for sectors winners and wait. This is the apple, Amazon, google moment for crypto. The winners are here

[Mr Chocs 🐼 @chocity_mpho]

@gamaroff Why? Can’t you just admit that you were wrong? Doubling down on being wrong is the fastest way to die. Even if you think you are right, the market has proven you otherwise. Rest buddy

[Mr Chocs 🐼 @chocity_mpho]

@ki_young_ju But I was told @binance is selling customers funds

[Mr Chocs 🐼 @chocity_mpho]

@ray_noOnes You are really embarrassing yourself ser

[Mr Chocs 🐼 @chocity_mpho]

@lookonchain Live long enough to turn from hero to zero. For goodness sake you made 7milly already. Just take the money and run. You were not smart you were just lucky

[Mr Chocs 🐼 @chocity_mpho]

@JasonYanowitz Dude, my stable vanished on Euler lol

[Mr Chocs 🐼 @chocity_mpho]

@QuintenFrancois Have to agree with South Africa, underrated but an amazing value for money. From the sea to the desert to subtropical all in one. And the luxury safaris

[Mr Chocs 🐼 @chocity_mpho]

@iamjosephyoung Low tx fees + ethereum security is all what we needed. To me once we get to $0.01 transfer fee you can add as many zeros to your chain but it doesn’t justify using something else

[Mr Chocs 🐼 @chocity_mpho]

@Route2FI We can’t have it all

[Mr Chocs 🐼 @chocity_mpho]

@LSDinmycoffee @cobie @Jebus Bullshit right? I mean they have the dollars in their balance sheet why just scratch and reissue?

[hoeem @hooeem]

Hot take: We had the chance to prove crypto was more than a casino… and we chose the casino.

It should make you angry. We had the attention, the money, the momentum and crypto twitter focused it all worshipping memes.

All that obsession, coordination, virality, and madness wasted on coins with no purpose.

A betrayal of everything crypto claimed to stand for.

Imagine if that same raw, feral energy the meme bros had was aimed at sovereignty, revenue, and real infrastructure.

Holy shit, we would have turned the doubters into believers, the non-users to users.

Memecoins didn’t on-board the masses, they saw us as the same joke they thought we were after our biggest exchange was gambling with our own money.

With no incentive to believe and no voices to push the attention towards it, we’re left with memes that went down -99% whilst millions of potential users could have seen some of the wonderful tech we had.

Hype at $100.

AAVE at $1000.

ETH at $7000.

Blah blah blah.

Misallocated attention bummed us this bulla.

[Mr Chocs 🐼 @chocity_mpho]

@Route2FI Get some raw land in the country side, build a home, feed your family from the land….just go wild until you are no more

[Mr Chocs 🐼 @chocity_mpho]

@buntyverse Bullcrap, we will all leave once the well gets dry. Nothing to see here