Not a financial advisor. Strictly an educational content creator just trying to help out as many people to not get scammed in the "Wild West" of crypto.
@Cobratate Honestly bro, I just want to say thank you because this is the first day of a new year I didnโt waste. You played a role in the realization I needed to make.
Forget The President, look at the backup.
Its Elon Musk, Vivek, Ron Paul and JD Vance
Vs
Usher, Cardi B, Beyonce and Lebron James
How is this even a competition for who should run the country?
If you suck at social media, you have two options only.
1. Get better.
2. Quit.
If you're trying to build an audience, the reality is, you're going to have to actually get good at this thing called social media.
With respect to Binance, I'm reading through the SEC complaint. It's over 130 pages, but seems like the next in a series of steps to implement chokepoint 2.0 in the United States. The end goal is a agenda based CBDC partnered with a handful of massive banks and end-to-end control over every aspect of your financial life.
A regulatory event is where you have a debate about compliance with a law or guidance. This event seems to be a polticial philosophical disagreement with the very existence of cryptocurrencies and what they represent. An unelected group of people have decided that concepts like self-sovereign identity, owning your wallet, and the freedom to control your economic agency should be removed from the masses and given to the "enlightened" few.
Honestly, what is happening isn't anything new. It's always the same fight between freedom and authoritarianism just with different players, technology, and words. It does seem like this event is a perfect opportunity for the entire industry to set aside it's fragmented nature and unite for a common sense set of rules and guidelines that can prevent the United States from slipping into a distopia that would make 1984 look like a vacation.
I'll have more to say later, but will close with we are going to be fine. Everything's alright and the future is bright for the industry.
US closing on/off-ramps = capital controls.
Capital controls = bad news for investors (think debasement, think hyperinflation, think Zimbabwe, Venezuela, Lebanon, Iran, Argentina, etc).
Get out while you can.
Get out NOW!
Sam Bankman-Fried: I donโt know where $10 billion dollars went
The Pentagon: We donโt know where $2.2 trillion dollars went
The IRS: You just sent $601.37 donโt forget to report it.