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OT: Bitcoin, Altcoins, NFT's & All Things Crypto

Don’t know. Dozens of stories like this coming out now. Hopefully we get some answers
IDK what to read anymore - I started looking up these bloggers/reporters on LI. So many are shills. CoinDesk was owned by a crypto hedge fund until acquired by Bullish (owned by Tom Farley early investor in Coinbase and former NYSE president). The Diem demise sounds sketchy especially when you consider how it threatened BTC - if Diem was successful billionaires would have lost…well billions…
 
Very much hope we see more about this debanking scandal come out.

When Marc Andreessen spoke about over 30 tech executives being debanked he also spoke about how the government told him they would be running AI through just a few enterprises and no new start-ups would be allowed.

“If you thought social media censorship was bad, this has the potential to be a thousand times worse.” To understand why, we need to grasp his crucial insight about AI becoming “the control layer on everything.”

This isn’t science fiction—it’s the likely progression of AI integration into our society. When this technology falls under the control of just a few government-regulated entities and companies, we face an unprecedented threat of social control.


I've said for awhile that AI as it was being pushed would be about "repressive control" and not new frontiers of discovery and liberation. There has been a sociopathic rush for greater control in DC. EVs were being pushed despite a disintegrating power infrastructure - an infrastructure that was being dismantled (closing plants) even as demand was being accelerated - that made no sense.

The agenda that held that the power needed to be curtailed was replaced by a mad rush to expand energy production to make god-level AI possible. Data centers for AI would need more power than a city of one million. The "climate change" concern was going down the potty. This rush wasn't to help the public but to have them by the genitals

https://getcoai.com/article/breakin...i-warnings-from-joe-rogan-experience-podcast/
 
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I don’t think they’ll vote yes to adopt Bitcoin, but I do think companies will begin to take this strategy more seriously and eventually adopt it.



Bulleted summary of his presentation:
 
Does anyone know why XRP is ripping today... not that I am complaining. I went in big for ~$1
Could be a few things…
- Older coin with recent good news re regulatory clarity.
- Unit bias with being $1 versus other coins. People don’t realize what market cap would be to hit the targets being thrown out there
- Rumors that Trump will attempt to eliminate capital gains on US issued coins. XRP would be the best candidate there if this happens
 
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Could be a few things…
- Older coin with recent good news re regulatory clarity.
- Unit bias with being $1 versus other coins. People don’t realize what market cap would be to hit the targets being thrown out there
- Rumors that Trump will attempt to eliminate capital gains on US issued coins. XRP would be the best candidate there if this happens
Gosh, I hope that isn't one of the reasons. If that was a reason, we have a ourselves a major bubble.
 
Gosh, I hope that isn't one of the reasons. If that was a reason, we have a ourselves a major bubble.
XRP's value prop is something with defi and banks. I'm not a big believer in their story, but they have a huge passionate army of supporters, so its run may just be starting.
 
XRP's value prop is something with defi and banks. I'm not a big believer in their story, but they have a huge passionate army of supporters, so its run may just be starting.
I have a friend who works for Ripple. Direct quote from him today: “It’s my job to get mfers using this terrible chain.” Can’t make this stuff up
 
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I have a friend who works for Ripple. Direct quote from him today: “It’s my job to get mfers using this terrible chain.” Can’t make this stuff up
Agreed. I don't get XRP or its value, but the loyalists have been waiting a long time for legal clarity and deserve their moment in the sun.
 
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