Caroline (CEO of Alameda Research) has a tumblr account called "worldoptimization."
Her kink is men who control most major world governments, low risk aversion, responsible for important scientific discoveries
No kidding 😂
FTX had $1.4bn in BTC liabilities (~80k BTC) but didn't own a single #Bitcoin on their balance.
Yet, the BTC they "issued" absorbed buying pressure from real BTC as people trusted them, essentially expanding the M2 supply of BTC. FTX was a crypto central bank.
Essentially what’s needed going forward is #ProofOfReserves from every centralized crypto exchange or a crypto fund. If they don’t show their reserves, just treat them as scammers & fraudsters. There’s no more second chances in crypto.
Sam from FTX made a global impact for good alright… he woke every one in the world to take #ProofOfReserves seriously. If there is any centralized entity with out it, it’s a fraud 🤷♂️
Warren Buffett & Charlie Munger on crypto currencies in 2018.
Crypto attracts a lot of charlatans trading currencies and starting exchanges… it will end badly
Who knew… they were right 🤷♂️
#ProofOfReserves is a must for centralized entities handling crypto going forward. Even with proof of reserves, there are shady things happening behind the scenes like once you get a snapshot, moving funds to other exchanges for double counting.
Hong Kong based AAX crypto exchange today suddenly announced the suspension of all operations, including trading, withdrawals, etc - promise that they will try to restart everything in 7-10 days.
How to launder money 🤷♂️
How come all the corrupt scumbags care about the planet & humanity so much that they guard against pandemics, hurricanes to save y’all 😂
Printing more money so everyone gets rich and can afford the same goods easily is a fool’s errand. Printing excess money causes inflation rising prices of most scarce assets.
Kamala Harris is the new democrat candidate replacing demented Joe Biden. She was a border czar in which she failed miserably. She’s an AI czar for which she wouldn’t even understand the implications. She’s bad for the economy, inflation, world peace, energy independence, education, crime rates, child trafficking, drug trafficking and everything else.
They don’t want Donald Trump elected because they’re afraid he will expose and dismantle them.
“The Party that cries about how Donald Trump is a threat to Democracy just forced out the candidate that their voters chose and replaced him with a candidate that no one voted for.
The hypocrisy is immense in the Democratic Party."
USDA Positions In America Are Being Paid DIRECTLY From The Food Companies.
“The USDA is responsible for making all the nutritional standards for our country. However, more than 96% of the people who make those nutritional standards are paid directly by the food companies.
The USDA saying that 10% or more of a child's daily diet needs to be added sugar. Not natural sugars, not things that are found naturally in food is really bad.
USDA employees are being paid by corporations to make kids sick & fat.”