Crypto Tea Profile picture
Nov 12, 2022 15 tweets 4 min read Read on X
Sex is good but have you gone down the FTX rabbit hole? 🐇

Here are some interesting ones 🧵
Warning signs about FTX before bankruptcy
Sam and Alameda CEO strange connections
Smash the like button and give me a follow 🫶
Hundreds of millions moving out of FTX now
US Congressman has reports of the SEC working with FTX to get regulatory monopoly
FTX confirms they were “hacked” last night

All signs point to insiders stealing the money
FTX was selling paper bitcoin

Is max supply 21 million when exchanges do this?
Elon Musk says no investigation because Sam was a major democrat donor
The NY times put out a strange article to make Sam look like a good boy that failed because he was too ambitious

Elon Musk called them out

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Crypto Tea

Crypto Tea Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @CryptoTea_

Aug 2, 2023
I read the 10 page KPMG bitcoin report so you don't have to

bitcoin is pro ESG now 1/5 🧵 Image
1. Bitcoin does not emit emissions, similar to electric cars

ESG's problem is with the energy creators that burn fossil fuels Image
2. Bitcoin miners are incentivized to use renewable or wasted energy

bitcoin mining can help balance electrical grids due to its ability to quickly curtail its energy use during times of high demand Image
Read 7 tweets
Mar 30, 2023
Everyone says USD will be replaced by a BRICS currency

my investment strategy bets against what most people think.. because most people end up broke

let's look at why USD will not be replaced by BRICS and what I'm investing in 👇🧵
people think USD is the world reserve currency solely because countries use it to sell oil

this is not true..

USD became the reserve currency in 1944, the petrodollar agreement was made 30 years later in 1973
It started in 1944, countries agreed to peg their currencies to USD, which was pegged to gold at a fixed exchange rate

this made USD the world reserve currency, since other countries needed to hold USD reserves in order to maintain the value of their own currencies
Read 8 tweets
Mar 15, 2023
I got into bitcoin to make money, but instead it led me down the deepest darkest rabbit hole imaginable

enter at your own risk 🐇🧵
Money was once backed by gold and governments relied on taxes to operate

your success equaled their success

they had to be disciplined and smart with your tax dollars

otherwise people could stop paying taxes and the government would go out of business
but then something happened..

governments took everyone's gold by force and created paper money backed by nothing

now they could print endlessly

this is a hidden tax that people can not opt out of (inflation)
Read 8 tweets
Mar 14, 2023
Your everyday products are poisoning you with permanent toxic chemicals

It is in your dental floss, food wrappers, cleaning products, cars, clothing and nearly every product in your home

Welcome to “forever chemicals”🧵
What are forever chemicals?

PFAS (Per- and Polyfluorinated Substances) is an umbrella term for over 9000 different chemicals

What all of these chemicals have in common is that they never degrade and are human created

That means once it enters the body, it stays there.
They are one of the most effective materials that repel water, dirt and grease

This is why it is used in almost every industry worldwide

If you live a regular life style, it is almost guaranteed you have PFAS in your blood

But that’s not the only place you can find it…
Read 10 tweets
Feb 27, 2023
Transaction denied!
you've reached your carbon limit 🧵
Mastercard has created a credit card to track your carbon output. It will deny your transactions if you have surpassed your carbon limit
Say you wanna fly from LA to Miami and you make a google search to look at flights

Notice the carbon emissions shown on each flight?
Read 6 tweets
Feb 19, 2023
The US is almost certainty headed into a recession

but #bitcoin has never been through one

here's how I think it will perform 👇🧵
A yield curve inversion has happened EVERY time before a recession, since 1950

Some examples:
1980 - unemployment went to 10%
2000 - dot com bubble blowup
2008 - housing crisis

Now we're seeing the biggest inversion curve in 40 years
A yield curve inversion happens when bonds pay higher interest in the short term than the long term

this makes it very difficult for people to borrow money from banks

which leads to less spending, a slower economy and historically... a recession
Read 11 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(