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Do you mean this shitcoin? https://www.coingecko.com/en/coins/wrapped-bitcoin You also forgot: https://www.coingecko.com/en/coins/renbtc Too bad the amounts are lackluster considering BTC total supply & market cap. I would guess half the amount is in liquidity pools, the rest is collateral...

The whole world runs on ponzimonics nowadays, so Im confused as to what's your overall point even is, since apparently you do acknowledge distributed ledger tech has value. Does that change the fact that Celsius did have an operation based on spreads between lending & borrowing? Name one...

If you were active on Optimism, you were rewarded very handsomely. Token price has dropped significantly also since it launched. There is more coming, already one underway to be distributed next week for a specific protocol on there.

Binance & FTX are both notorious for wash trading volume, so you are essentially proving my point. Since BTC has no DeFi or DEX presence, it fully relies on CEXs, who essentially have free reign to manipulate any way they see fit. CZ & SBF aren't sure super wealthy cause they are nice guys when...

Arguing that blockchain tech has no inherent value is like arguing that internet has no inherent value. You need to shed your bias to see the picture clearly. Just because Bitcoin is shit antiquated tech with a toxic cult community, does not mean that the distributed ledger tech is worthless...

June was one of my most productive months, and quite busy as well. The portfolio def took a hell of a hit this year, but it's all just a fugazi till you make it real, so whatever. Giving more focus on market neutral strategies, and consolidating into the better alts & ETH. People crying about...

Ever play mobile games, or at least aware that they exist?

He is so right, and wrong at the same time. Web 2.0 valuation in seed rounds before IPOs was based on the exact thing he calls Bitcoin's only true utility. And Bitcoin is antiquated garbage tech in that aspect.

Alice isn't buying coffee from Bob with BTC, and never plans to. That narrative for BTC is long dead. In fact, Alice isn't buying coffee with any other crypto, even though quite a few have tried to make that the focal point. What does seem to actually work to transfer value accurately within...

It has marketing value.

Yep, any pivot from Fed or Sleepy Joe toward QE or stimulus, and we are off to another mini? bull market. Quick liquidation wicks aside, I don't see BTC going below $16k. The way BTC really gets to $10k is a slow bleedout

Correction: WASH daily trading volume

People use the term Ponzi loosely, but the fact remains that just like almost every other crypto, Bitcoin operates on Ponzinomics. The only functional way to make money with Bitcoin where actually owning it is required is to sell it for a higher price than bought. The actual means of payment...

That's just him being a scared bitch of the growing realization that Ethereum is a superior store of value asset.

DAO and governance tokens have been around for at least a couple years now, plus, quite a few of them have regular votes on protocol revenue distribution. What's the last time Tesla, Apple, Netflix, Google, Facebook stock asked for your vote on anything worth a damn?

Quiet up in this bitch. Anyone else cash in on that juicy Optimism airdrop?

Ahh, so you're one of the wonderful whales who used all the newly onboarded as exit liquidity and dumped on them. Just like in the Bitcoin game. Jest aside, nice trade. Celsius is disappointing, Mashinsky kept making blunders, also dumped his position on the community. He coincidentally...

Possibly some TopShots millionaire who bought the card, cause of the limits on how much you can pull out into your bank from the TopShots balance.

I'm just cutting through the BS, it's pretty much 99% about making gainz. That's what the masses want, that's what the crypto market is clearly saying. That's what attracted 90% of the people to BTC & crypto in the first place and now attracts 99% of the people. That has always been the most...

I was playing like 5 Tomb forks at the same time, if you took the same approach with all of them as you did with 2OMB, you would have lost, badly. I made profit and moved on, take the early safe exit rather than doubling down on what are ponzi schemes as literally defined by the code itself...