91–100 of 350 posts
Earlier quoted context omitted.
Tether keeps BTC above 15k IMO. They keep printing more anytime it starts to dive. Will tether survive the bank runs?
I've seen a lot of people say this (and I'm sure you're all correct!) but I never understod the link between BTC and Tether. Multiple attempts to explain it have gone over my head. Am I just stupid?
It's incredible that SBF was being touted by Sequoia, WEF, Fortune, chumming it up with Clinton and Blair in the Bahamas, getting meetings and kid glove treatment with the SEC, relatively glowing profile as a "do-gooder" by the NYT. All while FTX had a Chief Regulatory Officer who was basically a career white-collar criminal. It beggars belief that anyone who dug half an inch into this story wouldn't have seen 90,000…
Also, this is Alameda's CEO. https://youtu.be/aW6SqLXw944 Un fucking believable.
It's incredible that SBF was being touted by Sequoia, WEF, Fortune, chumming it up with Clinton and Blair in the Bahamas, getting meetings and kid glove treatment with the SEC, relatively glowing profile as a "do-gooder" by the NYT. All while FTX had a Chief Regulatory Officer who was basically a career white-collar criminal. It beggars belief that anyone who dug half an inch into this story wouldn't have seen 90,000…
Wait, wasn't the NYT supposed to take a very critical look at everything in "tech", as a matter of editorial policy? Why were they giving such a glowing (no pun intended!) endorsement of crypto, of all things? Something doesn't add up here.
It's incredible that SBF was being touted by Sequoia, WEF, Fortune, chumming it up with Clinton and Blair in the Bahamas, getting meetings and kid glove treatment with the SEC, relatively glowing profile as a "do-gooder" by the NYT. All while FTX had a Chief Regulatory Officer who was basically a career white-collar criminal. It beggars belief that anyone who dug half an inch into this story wouldn't have seen 90,000…
It’s amazing to me that enough people still believe in the crypto scam to keep pumping BTC above $15k. I guess they are still managing to mint fools at a fast enough pace to keep the price up.
Is everyone fleeing exchanges and just buying classic BTC and Eth?
It's incredible that SBF was being touted by Sequoia, WEF, Fortune, chumming it up with Clinton and Blair in the Bahamas, getting meetings and kid glove treatment with the SEC, relatively glowing profile as a "do-gooder" by the NYT. All while FTX had a Chief Regulatory Officer who was basically a career white-collar criminal. It beggars belief that anyone who dug half an inch into this story wouldn't have seen 90,000…
Earlier quoted context omitted.
The western United States was pretty wild for a while until it was "tamed"
Incorrect. There was less violence overall in the wild west. Modern America has insane violence at much larger scales (inner city gang violence in Chicago, millions of civilians killed over the past 2 decades via Iraq, Drone programs, etc). The wild west was only wild because Hollywood needed a narrative.
First our cities today are as safe as they have ever been. Crime is slightly up from 2018 but 2018 was the lowest ever. Small bumps in crime are not usual.
Second, googling murder rates in that region is possible and they are an order of magnitude greater than even the worse US cities.
> Friedberg, who served as FTX’s general counsel before taking on the company’s regulatory role, was recently described by Coingeek’s Steven Stradbrooke as being “almost comically inappropriate” for the job. The description appears apt, given Friedberg’s long history of not complying with various jurisdictions’ regulations, but rather, evading them. Can't make this up. Reads to me like, on the contrary, they couldn't…
As if crypto wasn’t useless enough, it’s always at the center of endless scams. What’s it gonna take for people to walk away from this poison?
"Crypto" is useless. Bitcoin isn't. Maximalists have been warning against this stuff happening for nearly a year now. Ever since Luna collapsed, those voices grew louder, but the yield-farming degenerates chose not to listen.
What unique properties does Bitcoin have that makes it useful that other cryptocurrencies don't, beside first mover advantage?
Earlier quoted context omitted.
If someone offered you 1BTC for $10k right now you would bite their hand off. At $14k it would be still some of the easiest money you've made in your life. Even if you have the most cynical opinion of cryptocurrency, you must admit it's alive and well. It is as long as there are enough people who believe that it is - and your honest answer to the above would reveal that you know that to still be very true.
Sure, I’m not stupid. I would turn around and sell it to some other fool. And thats the problem. There is honestly no price I could buy it at where I would be willing to hold.
I just don't understand all of the "BTC will never fall below " thinking.
