1/ I produce a lot of content. It's difficult for some to keep up with at times. Below, a list of some of my threads & important tweets for $EGLD & $CEL The Crypto Industry & Banking/Federal Reserve & Investing. Education is Freedom & Crypto is Financial Freedom. #cryptocurrency
40/ Don’t allow Mass #Media & False Narratives based on fear to get you to “click” & increase their profits, use logic & rationale. Your Financial Future is worth it $CEL $EGLD:
(1\49) A Personal Memoir Perspective on my path and what I see for #Blockchain & #Crypto for the People?
I grew up in a cult religion. First exposure to mind-control & understanding of how profound belief structures were, due to the intensity of such an environment. $EGLD $CEL
(2\49) Upon reflection, while the magnitude was different much of the belief structures of the world were equally as harmful & deceiving. They could create a social construct that to everyone inside it felt like the most ideal way to live. They could make everyone stop
(3\49) questioning things. None of this felt right to me though. Even at a young age I had a skeptical mind, in part because my body was already sick and I hadn’t been on this earth very long, more on this in a future date but just understand the medical industry is full of
(1\28) The biggest misconception about #crypto is it’s just a different currency. No, it’s an advancement in #technology. All of our financial systems are archaic & outdated. Also, current design based on existing infrastructure promotes wealth inequality continually $CEL $EGLD
(2\28) why it continues to get worst. This creates much of the wealth suppression of people, which leads to resource scarcity, falling into Maslow’s lowest hierarchy of needs, contributing to corruption, crime, chaos, social issues, etc. The core problems of society have a root
(3\28) cause.
ACH - Automated Clearing House transfers take 3-7 days which is horrible in an instantly connected e-commerce world.
Securities - Cash (unless wire which isn’t instant), stocks and other securities require settlement which can be 3 days or longer. All solved
(1\13) The next time someone says #crypto is the one with #leverage tell them they have ZERO understanding of the existing legacy banking & financial system. Historically banks were required to hold 10-13% in reserves. Federal Reserve moved it to 0% on March 15, 2020 $EGLD $CEL
(2\13) federalreserve.gov/monetarypolicy… When I used to teach banking I would have my students perform #UBPR which are essentially an analytical tool for assessing banks health & performance. NEVER has the banking system allowed 0% reserve. Let me
(3\13) give you a mathematical example of how #FractionalReserves are essentially implicit leverage. If banks historically had to hold say 10% than the way you would understand how much leverage is by 1*1/R. You deposit $100 *(1/R) R=10% = $1,000, so they can lend out $900 for
@Adrianos@Mashinsky@CoinDesk@GenesisTrading@CelsiusNetwork So Mr. @Adrianos let me get this clear for you. Since you R not as versed in granular details of @CelsiusNetwork let me just break it down for you, okay? I am not sure if you are a ploy but you are about to understand why your questioning while valid is comical at the superficial
1/6 I taught banking & financial markets & Institutions at the University for years. It’s comical to me how little these “Financial writers” know about the ever changing landscape of our LEGACY financial system. People discussing @Tether_to $USDT … #BTC $CEL $EGLD $MATIC $USDC
2/6 how it’s so groundbreaking they are only 3% cash, rest being a combination of cash equivalents, treasuries, or short term assets. What most FAIL to realize is on MARCH 15 2020 the #FederalReserve Reserve announced 0% Reserve requirements for Banks federalreserve.gov/monetarypolicy…
3/6 So people like @smdiehl or @FinancialTimes or quoting the likes of individuals who are supposed “Financial writers” without giving context of the existing 0% backed reserve system in OUR EXISTING FINANCIAL SYSTEM is perpetuating lies, illusions & false truths. Things should
1/21 Elrond $EGLD solves Ethereum’s #ETH $ETH biggest problems both TODAY & when ETH 2.0 goes Live it will still be superior due to its design architecture & significant advancements in technology (ESDT vs ERC-20, NFT’s, etc), 30% royalties for SC, infinite scalability, 1st…
2/21 principle design architecture, lowest cost barrier to entry (node requirements), Team (execution), equality for ALL participants on network, & best tokenomics in all of crypto.
1. ETH very high Gas Fee’s & Scalability Issues. Also, due to not having 1st principle…
3/21 architecture design (Solving trilemma of Scalability, Decentralization & Security), ETH continues to run into more & more complexity solving issues (ie reacting) increasing its risk in ways that can’t exactly be modeled.