A simple crypto rule to live by: any token or exchange that has a CEO, identifiable individual or development team associated with it is not real crypto; it's the antithesis of crypto. This substack has been warning for quite some time that all of these centralized exchanges are nothing more than grifting operations, IRS reporting nodes and CIA black ops money laundering facilitators.
Apologies for all of the typos. They have been edited. (It seems an older draft was published instead of the edited final version.)
I think we are seeing FTX is just the tip of the iceberg.
In my lifetime, I've never heard so much bad news about sellouts, liars and crooks. We find them in all areas of life, from church to state and from public to private. In my lifetime, I've never seen our world so completely corrupted and evil, and yet so many people completely oblivious to it.
WOW!! It all makes sense, fits together brilliantly.
Bravo! This article prompted me to upgrade and I'm not even into crypto. I was considering it though.
“Until you change how money works, you change nothing." RIP Michael C. Ruppert
So, finally, we may yet see the real change that the world needs. And I'm not telling about cbdc's. Money as we know it will be radically transformed. Why? Because wealthy people will finally be joining the ranks of the rest of us and may finally understand the connection between control of one's own resources and freedom. They may, we hope, recognize how power resides in the people who will already be fighting against the oligarchs who will be defenceless against these freedom fighters.
What a time to be alive!
Over Here, we don't believe "wunderkind" We think "blunderkind"...
Scam and a half.
My head is spinning... I hope there isn't going to be a test on this.
Anyone with any crypto needs to get it out ASAP even if it's in a wallet. Everyone's going bankrupt and they're all halting withdrawals. I had a hell of a time getting my money out of coinbase wallet.
So what if Tether was just about to implode with all the usual suspects deeply entrenched, the US government then decides to bail it out by nationalising it. That would legitimise it and it could continue printing coins ad infinitum all under Federal control. 1 Tether = 1 Fiat USD, and nobody needs to be any the wiser. The ponzi continues.
Wow. Great research! Tx