I always had a great experience with Binance. I don't have a problem with CZ.
So a power play was made on Justin Sun and was put in Soft Fork prison and he over powered those in power here and busted out?
Ross got Pardoned by Trump as well. Villain or Hero?
I guess it really depends on who you ask.
Trump has ended the war on Crypto.
Not because he's a good guy but because he's trying to exploit it.
The intent in this case is pretty clear.
Justin Sun hacked 3 exchanges and made them insolvent.
And all three of those exchanges shrugged and did not press charges against him.
That makes CZ complicit in the attack against our network.
Ross is not a hero or a villain he was just a victim that was made an example of.
I'm not even against this pardon I just question the motive.
Oh yeah, Trump is looking to profit. The presidential side quest is to build the Trump brand.
We are in Crypto so that part helps us in my opinion.
Hacked 3 exchanges? I knew he bought Poloniex and used the stake he bought in the power struggle. Regardless let's pretend he hacked Hunter Biden's laptop and used a time machine to bring down Cryptsy and QuadrigaCX and built BitConnect.
The whole squirmish really hurt Crypto social media.
We had a piece of the next thing that was growing big enough to take on the biggest platforms.
Now we see all the censorship on TikTok, YouTube .... etc. The only thing we have regained is X because Elon made a power move.
Crypto has actually regressed in some ways.
No, Trump has simply belayed the war on crypto. If he can make a buck by making it all illegal, he'll do that next.
Remember, Trump was the first American President to float the idea of BANNING Bitcoin.
Trust me, I'm well aware that he was against Crypto his first term and that is why a year and a half ago I was saying the RFK Jr was the only one really making any sense to me.
I think Trump's sons and the fact that they saw RFK Jr being so popular with the younger generations that he changed his tune and convinced RFK Jr to join him.
The choice was mainly between word salad lady who was placed in there as a DEI hire and let 30 Million illegals spill across the border and Trump, RFK Jr, and Elon.
I only agree with maybe 40% of what Trump has done or is doing.
Regardless we are in trouble with $38 Trillion in debt and our only Exodus is Crypto so we don't need the SEC suing everyone trying to be in this sector.
I never understand why people get worked up about the debt. Nothing is going to happen if we don't repay it, and it's basically just a measure of how much money we have in circulation.
As for the illegals... if we want prices to come down, we're going to have to bring them back. They have literally been the driving impetus behind cheap produce and services for the last 60 years. American's standard of living will have to get a LOT lower before they decide it's worth it to replace that labor pool.
I don't like the SEC suing everyone, either. I don't even mind that Trump pardoned this guy, I'll just never believe that he did it for any reason other than someone paid him to. Probably the very guy he pardoned.
We aren't going to be able to repay it but once we start defaulting countries won't want to buy our debt and they will continue to flee from the Dollar hurting our purchasing power compared to other fiat currencies and compared to real money like Bitcoin, Litecoin, Dogecoin, Monero....etc
With all the replacement workers and illegals it devalues people's work and there willingness to stay in positions. People used to stick in positions for decades because if they thugged it out there was somewhat of a reward. Now no one wants to stick around because it won't get anywhere.
We pay for all this inefficiency of DEI and churn and burn game theory.
Getting rid of 30Million illegals and pulling in the military is the only way.
The only difference between digital currency and fiat currency is the ledger, which is easily applied to fiat, and the massive infrastructure required to make digital currency usable, which is a serious hindrance.
If fiat, and the infrastructure it supports, were to suddenly collapse, what good will your digital currency be? You can't access the Bitcoin network without an ISP.
Immediately what you are saying isn't true. Work is baked into crypto. You can't fictitiously print a Bitcoin or a Dogecoin but Trillions of USD can be popped out of thin air.
You are going to the absolute extreme and acting like all electricity and all routes to the Internet suddenly are destroyed. Like every node on Earth is instantly vaporized for all chains and the Internet is gone.
Yeah, things like that happen when pillars of society, like the fiat money system, collapse.
My greater point is that crypto by itself is not only unreliable, it's useless. You NEED electricity and an internet infrastructure for crypto to even work. I can fictitiously print all the Bitcoin and Doge I want, if nobody can check it against the ledger. Good currency needs to be usable in all situations.