Mark X

I AM Degen.
Centralised power breeds censorship & control.
Decentralisation is the only solution.

[Mark X @MarkX867]

TL;DR update on fixing Britain’s immigration + welfare mess (building on my last post + Rupert Lowe’s points):

Unchecked immigration and failed integration are breaking us, but mass deportations right now, while welfare traps everyone, is a recipe for chaos.

We’ve needed a smarter sequence for years. Despite the brutal crypto winter I’ve been calling for decentralised solutions the whole time. Now is finally the moment.

1. Overhaul the entire system on blockchain first.
Transparent, immutable ledger for every tax penny spent.

Everyone can audit, vote on allocations, and watch waste/corruption evaporate in real time. Tried, tested, secure tech, no more middlemen skimming billions.

2. Replace broken welfare with UHI (Elon-style Universal High Income).

AI abundance makes a high baseline living standard possible for citizens without perverse incentives. Blockchain makes it efficient and fraud-resistant. This alone slashes administrative bloat so UHI costs less than today’s failing system.

3. Transparency bargain.

I’m fine with tracking if we overhaul everything at once. Encrypted decentralised digital ID (gov can’t corrupt or weaponise it). Full visibility on spending + data security for all. Financial freedom + privacy preserved.

Result? Lower overall tax burden. No tax on UHI itself. Incremental taxes on extra earnings kept well below current punitive levels so people aren’t penalised for working harder.

Only after this foundation do we enforce strict merit-based immigration and deport non-contributors/criminals, without the old dependency machine propping up problems.

Decentralisation is our best hope. Open, auditable, voter-driven. We fix root causes for natives and migrants alike instead of kicking the can or starting infighting.

Who’s ready for real systemic reset that we control?

My bias is clearly @MultiversX but DYOR, it has never been easier.

#UHI #Blockchain #FixBritain #Decentralise

[Mark X @MarkX867]

TL;DR:

Unchecked immigration + failed integration is breaking Britain (agree with Rupert Lowe).

But rushing mass deportations now risks serious unrest, especially while welfare dependency is high and police are stretched.

Smarter order:

1. First dismantle the wasteful, dependency-creating welfare system (middlemen eat most of it anyway).

2. Replace it with Elon’s Universal High Income (UHI) vision.

AI/robotics abundance delivering a high baseline living standard directly to citizens, removing perverse incentives for everyone (native or migrant).

3. Then do strict merit-based immigration + deport non-contributors/criminals.

This fixes root causes universally instead of targeting one group and sparking bigger chaos.

[Mark X @MarkX867]

Calling it a ‘Ponzi chain’ is lazy FUD.

@MultiversX has real usage and keeps shipping:

• 9.2M+ accounts

• 600M+ transactions processed

• ~180k–280k daily tx recently

• 3,200+ validators

• 14.5M $EGLD staked

xPortal: 3M+ users.

Guardians = real on-chain 2FA security (thief needs second approval + cooldown).

Fees kept intentionally tiny to drive adoption (that’s why protocol revenue looks low right now).

Supernova lands Sept 10 with sub-second finality and better builder economics.

Price is what the market feels today.

Tech, activity and delivery are what matter long-term.

[Joe Wu @joewu_official]

That’s a pretty clean summary of the reality of $EGLD if one was objective & unbiased.

The real question is what will happen from this point on.

We cannot change history. That’s printed & gone.
But we have influence on what happens from here.

#EGLD #MultiversX

[Boboc Daniel @XBoboc]

📲 A new @xPortalApp experience !

[Mark X @MarkX867]

@coinbureau What the clarity act means 👇

https://t.co/rek9BSSASv

[Mark X @MarkX867]

🇺🇸 Trump has agreed to include ethics language in the CLARITY Act, potentially removing the biggest hurdle and allowing a Senate vote before the August recess.

The bill delivers long-needed regulatory clarity:

Sufficiently decentralised tokens are classified as digital commodities under CFTC oversight (not securities), with a clear path to graduate from security treatment once networks prove real decentralization.

It also adds safe harbors for non-custodial developers and tailored consumer protections.

This framework directly rewards projects built on genuine decentralisation.

Like @MultiversX, with its 3,200+ independent validators, on-chain transparency, adaptive sharding, and consistent delivery through the entire bear market.

Supernova mainnet arrives Sept 10.

Regulatory clarity + formal recognition of true decentralization is exactly what serious infrastructure needs.

[Coin Bureau @coinbureau]

🇺🇸JUST IN: Eleanor Terrett says the White House has reportedly agreed on an ethics package for the CLARITY Act.

She says multiple industry sources tell her the language has been sent to certain Senate Republicans and they are "hopeful this could clear the way" for updated bill text.

"It’s still unclear what the details of the agreement are."

[Nigel Farage @Nigel_Farage]

What we witnessed today was deeply troubling to anyone who cares about our democracy.

Make no mistake, this really is a coup.

There must be a general election immediately.

https://t.co/7BKkjHvP6M

[Beniamin Mincu |🇺🇸/acc @beniaminmincu]

xPortal has been punching above its weight.

Over the past 3–6 months, we've taken substantial steps to quietly rebuild the foundations of xPortal. Placing it firmly at the frontier of finance, better equipped to serve its users.

The shipping velocity has increased, and some of the most demanded and awaited features have come live, being tested by users all around the world.

From pre-IPO equities and perpetuals, to outcome markets, and the newest onchain ecosystems where new liquidity is forming. With step after step, xPortal has transformed from a much loved crypto superapp, to a secure and fun window into the larger world of global finance.

In some sense, this has been the direction of xPortal from day 1. The destination didn't change much. It just took years to get here. Now, over the next few months, that initial vision is ready to reach its natural conclusion.

Becoming the default home screen for your money.

IBANs. Gold Cards. Premium subscriptions. A complete money experience, designed with the simplicity, love and craftsmanship you've come to experience.

The world has changed. In many ways. And our focus has sharpened with it.

Engines are warming up. A phased activation competition is ready to begin.

A new xPortal experience is around the corner.

[Mark X @MarkX867]

Fiat central banks change rules unilaterally behind closed doors, often for political/banking interests, with zero community input or on-chain transparency.

Here the $EGLD model changed via governance:

Extensive community discussions, hundreds of amendments/feedback, then on-chain vote.

Not ‘rushed’, deliberate for long-term sustainability of a decentralized PoS network (3,200+ validators).

Tail inflation + decay + KPI elements support security & growth without the old hard cap.

Foundation has been transparent on vesting/usage (all on-chain verifiable).

No dumping or reckless borrowing.

Supernova (sub-second finality, async execution) is progressing with recent mainnet upgrades paving the way.

Targeted activation coming soon, alongside DAO tools and builder incentives.

Tying it to decentralisation & the Clarity Act:

This is exactly why decentralization wins.

Community-driven adaptation (Barnard governance upgrade, validator growth, on-chain proposals) makes the network resilient and evolvable.

Unlike centralized control.

The Clarity Act (House-passed, advancing in Senate with strong momentum) creates clear rules based on decentralization level.

Sufficiently decentralised networks like @MultiversX (on-chain gov, distributed nodes/validators, no single controller) get commodity status under CFTC instead of security treatment.

It protects builders & users, reduces uncertainty, and incentivizes true decentralization over foundation-heavy or centralised projects.

MVX is walking that path.

Growth is a marathon (9M+ accounts, active upgrades, staking ecosystem building), but the structure now aligns incentives for the long term.

[Mark X @MarkX867]

This is exactly why @MultiversX stands out as the ideal Layer 1.

While centralised systems keep printing and concentrating power, MVX has spent years building the real alternative:

A highly decentralized, battle-tested platform with thousands of independent validators securing the network.

Supernova is bringing sub-second finality (600ms blocks) by decoupling consensus from execution.

Delivering speed without sacrificing security or decentralization.

Open Rails are already live for the agent economy.

Real daily usage, low fees, and consistent upgrades through the entire bear market.

No hype cycles.

No single point of failure.

Just steady execution on a foundation that actually works.

This is the infrastructure the future needs.

[Mark X @MarkX867]

CZ said nations will print unlimited money to buy Bitcoin.

This is not crypto commentary.

It is a direct description of how fiat systems work and why they produce the same problems we see in the UK.

Central authorities control the money supply with no hard limit.

They can create new units to fund spending, debt, welfare expansion or asset purchases.

Every new unit printed reduces the value of the money already held by everyone else.

This is the core design flaw of fiat.

In the UK it shows up as rising national debt, welfare systems that expand while real wages and productivity struggle, immigration and integration costs added to an already strained budget, and repeated reliance on more taxes or borrowing instead of fixing root causes.

Centralised control over money lets governments avoid difficult choices and the public pays through slower erosion of purchasing power.

History shows where accelerated printing leads when it is not matched by real growth.

Weimar Germany saw wheelbarrows of cash needed for basic goods.

Zimbabwe experienced daily price doubling at its peak.

Venezuela suffered currency collapse and empty shelves while the presses ran.

The UK has not reached those extremes but the same mechanism is in operation.

Centralised fiat does more than affect prices.

It concentrates power.

It enables top-down welfare that creates dependency, spending that lacks full transparency, and systems for identity or voting that remain vulnerable to insiders.

Trust is placed in institutions that have every incentive to grow their own control.

The decentralised alternative removes that single point of failure.

Rules are enforced by code and open ledgers that anyone can audit in real time.

This allows transparent tracking of every tax pound, fraud-resistant support systems that reduce administrative bloat, and digital identity that cannot be weaponised by central authorities.

These are not theoretical ideas.

Projects are already shipping the infrastructure required, including sub-second finality achieved by separating consensus and execution, live scalable frameworks for decentralised applications, and thousands of independent validators securing the network.

Fiat’s unlimited printing power is the root enabler of problems we keep trying to solve with more centralised fixes.

Whether the issue is welfare traps, immigration costs, election integrity or the gradual loss of purchasing power, they all trace back to systems where a small group controls the money and the rules.

Decentralisation removes that control and replaces it with verifiable truth and individual sovereignty.

The printing will continue.

The only real choice is whether we build the systems that let people escape and replace the old model.

Decentralisation is the only solution.

What broken centralised system do you want to replace first?

[🇬🇧 Suze 🇬🇧 @WeLeftTheEUSSR]

Brutal.

This is the human face of two-tier Britain.

A man who paid in for over half a century gets scraps, while economic migrants get the royal treatment on arrival.

[Alvaro @escorcia_l34780]

The future is taking shape on MultiversX. 🤖⚡️

AI agents are climbing the leaderboard, showing what autonomous execution on an internet-scale blockchain can look like. This is more than a ranking—it’s an early glimpse of what’s possible. 🚀 elrond-erd-2:native @MultiversX

[leilani dowding 🌸🚜 ☮️ @LeilaniDowding]

I can smell the bullshit all the way up in Staffordshire

[HJB News @HJB_News__]

Wes Streeting has been appointed as Secretary of State for Defence by Andy Burnham 🤣🤣😂😂

[Tommy Robinson 🇬🇧 @TRobinsonNewEra]

Two-tier Keir last speech:

"I go with good grace, I go with a smile, and I go proud of everything we have achieved"

You destroyed the lives of British people with your actions.

Locked up scores for social media posts, you killed Peter Lynch!

You're a disgrace.

[Alex Armstrong @Alexarmstrong]

YOU CANT MAKE THIS UP.

ANGELA RAYNER IS BACK AS HOUSING SECRETARY!

This of course comes after she resigned in disgrace because she underpaid stamp duty on a second property.

Absolutely nuts decision by Burnham.

[Mark X @MarkX867]

Update:

Negotiations continue adding ethics language to the CLARITY Act after a positive meeting with President Trump; no final agreement or inclusion in the current text has been confirmed yet.

[Mark X @MarkX867]

🇺🇸 Trump has agreed to include ethics language in the CLARITY Act, potentially removing the biggest hurdle and allowing a Senate vote before the August recess.

The bill delivers long-needed regulatory clarity:

Sufficiently decentralised tokens are classified as digital commodities under CFTC oversight (not securities), with a clear path to graduate from security treatment once networks prove real decentralization.

It also adds safe harbors for non-custodial developers and tailored consumer protections.

This framework directly rewards projects built on genuine decentralisation.

Like @MultiversX, with its 3,200+ independent validators, on-chain transparency, adaptive sharding, and consistent delivery through the entire bear market.

Supernova mainnet arrives Sept 10.

Regulatory clarity + formal recognition of true decentralization is exactly what serious infrastructure needs.

[HJB News @HJB_News__]

Keir Starmer has gone but the problem still remains, Labour is still here.

[Tommy Robinson 🇬🇧 @TRobinsonNewEra]

Joshua Kerry has officially been charged with the murder of 78yr old Ann Widdecombe.

“Police inquiries into the defendant’s motives are ongoing, including a potential political or terrorist connection". They said.

Oh come on! Couldn't be clearer!

[RadioGenoa @RadioGenoa]

British police don't arrest those who block the road, but rather those who clear it. In Britain, everything works the other way around.

[MDX @MDXreal]

It’s funny how the UK go through all this effort to arrest Andrew Tate in another country but have no time to arrest Pakistan rape gangs at home in England.

Hmm, i wonder why that is…