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As a person who watched the Fiat banks turn into frauds and fuck the rest of the world over in a global recession that nearly turned into a depression (well, it did, we just kicked the can down the road)... How come these bankers NEVER want to scream about banning fiat currency? LOL It's evil...

One thing I've noticed. My mom's friends who recently all retired, are now either going or trying to go back to work as they realized the hard way that their retirement can't keep up with the costs now. At my own work, we've had to go through quicker turn-around with the younger generation, as...

Yesterday was interesting. With all the bad news that just came out at the same time on the same day in regard to crypto... from all sides... I put in some limit-orders to buy more equity in a few crypto exchanges. Hour after hour I couldn't understand why crypto kept falling yet I couldn't get...

The funny thing, is she already had prior criminal investigations on her in Europe, etc. But none of these fancy investors, not even the BANK managers who bought into her OneCoin did even basic due diligence.

Well, O'Leary got 15 million just for being a poster-boy for FTX. If he does a few more side-hustles like that, then Billionaire status is not too far off... Now, what I want to know, is how much is WonderFi paying O'Leary? He's been the poster-boy for both FTX & WonderFi. Now this is very...

Well, Binance still not doing very well right now. And since I hate Binance, including their PoS plagiarized & centralized coin code from Ethereum, I'm not even buying the dip. Note: By PoS I am NOT referring to Proof of Stake. :p If someone is brave enough to buy BNB now, then arbitrage it...

The Cryptoqueen is dead. The Saudis got her.

Umm.. not exactly. The ledger makes it EASIER to trace funds, but it wasn't made to solve financial corruption. And I never did hear of anyone making that kind of silly statement. It was created to avoid debasement and other shenanigans of the central banks & governments. e.g. 'bailouts'.

SBF spent his last billions in a failed attempt to de-peg Tether. Unfortunately (or fortunately?) Tether self-repaired and confidence held. 24-hours later SBF filed Chapter 11.

Her friend Bill Hwang was also deeply religious. Both of them attended church. Guess God lost faith in him after letting Archegos implode.

To be honest, at the rapid inflation... 1 Million is a pretty easy target to achieve :) And let's say that the Fed somehow... manages to pull a miracle and get everything controlled and back down to 2% (yes, we can laugh about that, but just suppose). Well then, we will be truly fucked, because...

You can hope, but realistically that sort of draw-down only happens due to rug-pulls in shit-coins.

https://seekingalpha.com/article/4564241-cathie-wood-says-1m-dollar-bitcoin-again-why-might-be-right?mailingid=29982188&messageid=must_reads&serial=29982188.2280945&utm_campaign=Must%2BReads%2BDecember%2B14%2C%2B2022&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=mus...

I may buy at least one, just to post it on Twitter and cause a libertard to have a triggered meltdown.

So... any ideas how much time SBF is going to serve? Key word 'serve', is much less than sentence. Let's look at old Skilling from our blue-chip Enron... he was sentenced 24 years, and instead out in just over 10 years only, not to mention got to serve his last year in a half-way house in luxury...

O'Leary is not a fan of Binance... Blames them for the fall of FTX. Ok... so he admits that maybe FTX wasn't so innocent either.

It's confirmed, SBF was behind depegging Luna... and failed de-peg attempt on Tether. Now even those that didn't get burned by FTX will hate him regardless.

After her epic explanation of what it takes to be a risk-manager... I hear UBS has been asking her in for an interview. :D Maybe Amaranth Advisors would have done better with her at the helm? Now that I think of it, blow-up artists like Brian Hunter seem to all start at UBS before they migrate...

I find it almost comical that the website is supposed to be Elite Trader. Yet, even on a thread like this, everyone arguing is missing the obvious. Inside the US, crypto is treated very unorthodox to the rest of the world. For some reason, they've decided to treat BTC as property. This means...