Recent content by Cryptjitsu

No I have not read that article, am curious but also doubt I will be surprised. Business as usual for Tether. It's been run by blatant crooks from day one and the crypto world, as whole, fully accepts it and even enables it. BTC Maxis LOVE Tether. So who is gonna pull the trigger? Thats the...

I hear Lawyers are also the real winners in Divorce.

Commercial paper is a USD based asset. Even if they are taking Evergrande paper, as long as it's denomiated in USD, it is a USD based asset. They are supposed to have LIQUID USD for every USDT, but it is very clear they do not and never have. Just like your local bank which we assume to be...

You can't be serious. It's actually a common Google search with multiple articles, reddit threads and even instructionals on how to mitigate it. It's literally one of the key motivations to run your own BTC node. Doesn't matter, think whatever you want to fit your BTC Maxi belief. I just find...

What Tether does is just an extension of the Eurodollar banking system, aka "shadow banking" They take USD based assets and rehypothecate them into USDT. It is essentially leverage on actual USD currency units. All of this is essentially an evolution of fractional reserve banking. Hence my...

Moreso relevant in 2017 rather than 2021. There is a whole investigative report that tracks down USDT & BTC movements to show how BTC was manipulated up to 20k by essentially a couple of major whales. Primarily using Binance & Bitfinex. BTC community has a very heavy investment in Tether...

That is true and that the cost of the massive upside in the crypto markets. At the same time, the big players have a heavy incentive in keep Tether stable. You might as well consider Bitfinex & gang as the FDIC for USDT. Also, FDIC can't cover most of the banks simultaneously, they dont have...

Stop lying to yourself. You're shilling the most transparent & trackable blockchain to everyone as some privacy & freedom tool, in spite of actual evidence. You're just selling a BS narrative. You would not change a thing about your investment approach,because it really does not matter. It's...

He is imaginary. Ok sure. This IP leak issue is a known thing with BTC, but yeah, he is a liar & fraud. BTC isnt the only chain with this issue, nor am I saying it is.

I did put on a short before the "delay", so no, it wasn't just thinking, it was action. The chart was already showing that the "news" was a non event. If you don't realize that a Spot ETF will happen, I don't now what to tell you. It's been kinda obvious for at least a year.

It's about as safe as your local bank branch. Or the crypto market in general. It's all relative. Do you drive? Or take Uber/Lyft/Taxis? Pretty risky if you look at the stats

Buy the rumor, sell the news. Hope that helps.

Well one of my core sources of information is a high level dev that has done and still does contract work for the top IBs on the street, plus crypto funds. So him....vs a BTC maxi on Elitetrader. I dunno, tough choice. Ok let's check out another source, from Google: "Bitcoin is often...

You can just run your own email server, considering the steps you have outlined here. Or at least use protonmail. Other anon email services already exist. Also, why use Chrome? I stopped using Chrome for everything over a year ago, and Im kinda late to that party.

I'm quite surprised you guys haven't been discussing this whole Richard Heart/HEX/SEC bonanza. It's a pretty big event within DeFi, all things considering.