Socialists under Stalin killed 20,000,000 people.
Under Mao 65,000,000
The National Socialist Party was **Socialist**
All told, socialists are responsible for 100,000,000+ deaths in the last century.
Think about that.
They will gladly take 100 million more if given the chance.
Because they think they are justified.
Socialism is the worst ideology ever conceived by man.
It is a form of religious extremism where the god is envy and worship is cruelty, justified by greed.
It has never "worked" and never will.
When idiots like Hassan Piker espouse socialism, they should be humiliated ruthlessly and potentially criminally charged.
Same with university professors.
Never give it a single inch.
Thailand Targets USDT In Major Money Laundering Crackdown
Thailand’s central bank is stepping up oversight of USDT transactions as part of a broader crackdown on money laundering and illicit finance, per CoinTelegraph.
The Bank of Thailand is working with the SEC to monitor high volume stablecoin transfers.
Authorities are expanding compliance requirements to detect suspicious cash flows and crypto related financial activity.
High value cash transactions will require source of funds declarations under the expanded compliance framework.
Officials say the effort is designed to disrupt illicit financial flows rather than impose short term measures.
Kalshi and Polymarket have raised billions of dollars over the past 12 months.
They spend an exorbitant amount of that money on liquidity incentives and exclusive market making arrangements.
But they must be seeing some interesting data related to their return on these subsidies, or else the sophisticated institutions that are dishing out money, who are presumably given access to these numbers, would not be investing in the first place.
I also suspect that with the increased retail participation, the MMs on Polymarket and kalshi are beginning to see some sustained profits from providing inventory to those markets, which lowers the projected cost of subsidizing these MMs into the future, making the investment that much more compelling.
Of course this is all my speculation on my part since I have no insight into their data, but based on intuition alone, there must be more to the story behind these valuations as ICE doesn’t just dish out a billion dollars for nothing.
💦$BTC
Looking at the heat map in 2 weeks , there’s a massive cluster of long liquidations sitting below, yet the price keeps climbing day after day. What position should I take instead of just sitting here watching? 😂
Most of these young people come from impoverished rural areas in Vietnam, where they cannot find good jobs with livable wages. Consequently, they seek ways to work abroad in neighboring countries to send money back to their families. The majority of them have limited social experience and little education.
If those individuals take pride in being Vietnamese, then I’m sorry, but they do not represent the Vietnamese people. If these groups work illegally or cause public disorder, they should be deported back to where they came from.