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Joined February 2021
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Replying to @friendtech
While @friendtech expects clones and copies to emerge, it's important for users to weigh their options carefully: By staying with friend.tech, you support the original team, VCs, and influencers. Alternatively, if you move to the upcoming $SHARES platform launching on 8/31, you not only support influencers but also have an opportunity to earn $ETH revenue. Choose wisely.
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$SHARES has been building for some time now - incredibly organized and well structured team. Market cap lower than SharesGram
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The stark contrast of Bitcoin’s pre-programmed monetary policy induced supply halving being just a year out against rate-hike induced bank failures after ZIRP/QE/UBI induced high inflation is almost comical to Bitcoiners. The case for Bitcoin has never been so clear.
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Higher for longer $ETHBTC
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FOMC DECISION: • Fed raises rates by 25 bps as expected • Policy statement softens the rate guidance in a way consistent with past pauses • Deletes reference to “some additional policy firming may be appropriate” • Unanimous decision
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The Fed raised rates 25 bps The decision was unanimous The terminal rate projection is unchanged at 5.1% FOMC statement modifies guidance: “The committee anticipates that some additional policy firming may be appropriate.”
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DOJ
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5. Sam and Gary Own 100% of Alameda Anytime someone says “Alameda,” just substitute “Sam.” Sam owns 90% of Alameda and Gary 10%. Alameda has no clients - all that money is Sam and Gary’s, stolen fair and square.
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Today, December 20th, Frax Protocol turns 2 years old! 🥳 Happy birthday to $FRAX & the community that’s made these 2 years so successful and special 🎉🎂 Per $FXS yearly halvening schedule, the total emissions have now been halved thus increasing FXS scarcity.💪
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Replying to @Shaughnessy119
Why would they need to - they own over 50% of tokens. That’s how DAOs work.
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$GMX rallies off of bad CEX news. Noted.
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Cc: @WSJ @nytimes @ftfinancenews This one is real easy to confirm, rather than softball pieces about Sam. You’re being fed a media game after someone stoke money and ditched the company. Please do better in standing for the millions of users who were wronged here.
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Twitter has broken just about every piece of this FTX story using blockchain analytics, while NYT is writing puff pieces on a criminal. Feels like a turning point for citizen journalism and loss of trust in MSM.
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But more generally, I think we need to stop respecting big-money hotshots and start respecting builders. The ZK-EVM space has been *truly* amazing this year. @Scroll_ZKP @0xPolygon @StarkWareLtd @PrivacyScaling @ConsenSys @the_matter_labs ... I'm sure I missed a bunch!
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This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
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1) Hey all: I have a few announcements to make. Things have come full circle, and FTX.com’s first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for FTX.com (pending DD etc.).
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I don’t like what CZ did at all, he pretty much caused an attempted bank run (still in progress) . Even when having a personal feud it’s the retailer in the end that gets hit People from 2017 class know how ruthless CZ is tho, not sure why everyone things he is a holy saint now
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20/ The current crisis FTX and Alameda are dealing with is not FTT's price or Alameda's FTT-backed loans. It is the loss of customer confidence in FTX and the very short-term liquidity crunch as a result of the bank run on FTX.
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13/ Because the FTT-loans owed by Alameda are a nothing-burger to him. FTT price can go to zero and Sam can probably still re-finance the loans by pledging FTX equity as collateral or something. What CZ wants as a competitor of FTX (and is getting) is a bank run on FTX. Why?
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One of the clearest use cases for crypto we foresee achieving product-market fit is in the gaming sector. Merit Circle offers one of the most interesting ways to gain exposure to this ecosystem [THREAD]
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