masingo

@tyler @realDonaldTrump BTC mining machines are all if not majority of them made by the 🇨🇳. Isn't this a serious national security threat to the US? Trump must make sure US regain the key supplier of BTC mining machine dominance or migrate BTC to eutxo on POS like $Ada to operate more efficiently

I just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November. Here’s why: Over the past few years, the Biden Administration has openly declared war against crypto. It has weaponized multiple government agencies to bully, harass, and sue the good actors in our industry in an effort to destroy it. This Administration's actions have been nothing short of an unprecedented abuse of power wielded entirely for twisted political gain at the complete expense of innovation, the American taxpayer, and the American economy. There is nothing the Biden Administration can do or say at this point to pretend otherwise. Some of the lowlights include the following: The weaponization of the banking system against crypto companies and their principals. Known colloquially as Operation Choke Point 2.0, this starts with the OCC (a federal agency that licenses and regulates national banks) and the FDIC (a federal agency that provides deposit insurance to banks) giving “guidance” and instructing banks behind closed doors not to bank crypto companies. Any bank that doesn’t follow orders is threatened. The conversation goes something like this: “That’s a nice bank you got there. It sure would be a shame if something were to happen to it because you bank some crypto folks.” If this tactic is not enough to scare a bank into line, the examiners will be sent in to turn everything upside down. This will almost certainly lead to some “finding” — show me the bank and I’ll show you the crime — that results in a massive fine or new supervisory rules and conditions that cripple a bank’s ability to operate. The risk is simply too great. Banks can either choose not to bank crypto companies or have that choice made for them. These agencies have God-mode over banks because they can yank their license or FDIC deposit insurance at any time citing “safety and soundness” concerns. That is why they can behave like characters out of the Godfather and intimidate banks into dropping any customer or customer segment they want. This behavior of de-banking entire industries that are completely legal, but ideologically out of favor, began during the Obama Administration, when President Joe Biden was Vice President. It was nicknamed Operation Choke Point 1.0 back then and is a well-documented stain on the Obama Presidency. The Biden Administration has dusted off the playbook and has been running it at full speed against the crypto industry. The blast radius has extended beyond crypto companies to individuals who work at them. I personally have lost multiple bank accounts because I own crypto and my investment firm @winklevosscap has as well. The weaponization of the Securities and Exchange Commission (SEC) against crypto. The Biden Administration’s SEC has not written a single rule for the crypto industry to help any of its participants understand how to navigate the regulatory landscape for this new asset paradigm. This is by design. By not writing any new rules for crypto, the SEC can disingenuously say that the existing rules — based on a 1946 Supreme Court decision about a citrus grove in Florida, issued before most homes had a telephone and 50 years before the advent of the commercial Internet — are fit for purpose. They are not. Here’s one example. If ether is a security, an open question up until 48 hours ago, then you would be breaking securities laws if you sent ether to a friend from your smartphone to their smartphone. Why? Because only a broker dealer is allowed to transfer a security. And it can only do so to another broker dealer. From this example alone, anyone can understand how classifying a crypto like ether as a security would gut its utility and destroy its ability to usher in a decentralized future. It’s like asking an automobile to behave like a horse. Yet that is the position the Biden SEC has taken towards almost every crypto. It does this not because it doesn’t understand the consequences, but because it does. These are exactly the consequences it wants. To kill crypto. By taking the ridiculous position that almost every crypto is a security, the Biden SEC has given itself the plausibility and carte blanche to bring litigation against any crypto project and company in the United States. The game is simple. Make it impossible to comply, then sue everyone for not complying. And that’s exactly what the Biden SEC has done over and over again to good actors in the space. Instead of the SEC hashing out rules for crypto — something that could be done in a matter of days — rules will be written years from now by judges and juries who determine that the SEC acted in bad faith and was wrong all along. The time and economic waste will be tremendous. The damage will be done. But that’s the point. The Biden Administration has polluted the mission and corrupted the integrity of these agencies. All of them are led by unelected bureaucrats appointed by President Biden to carry out his marching orders. The moral compass of these foot soldiers is political gain and their higher calling is political power. Congress never granted them the statutory authority to determine the fate of the crypto industry or any other legal industry in America and they are totally unqualified to act as the gatekeepers of economic life in our country. That is the role of the market. And yet the crypto industry is not alone. The Biden Administration has consistently attacked American business across the board and villainized its greatest heroes. The crime is always success and the reward is always ridicule, fines, and even more red tape. But to be clear, the Biden Administration doesn’t hate success outright. Only the kind that lives outside of its control. Once it figures out how to confiscate or coerce it, the Biden Administration becomes quite enthusiastic about success, gleefully manipulating it or redistributing it in a transparent attempt to buy votes. Over a long enough time scale, it's easy to see how these policies will lead to the destruction of our economy and our country. Capitalism lifts people up. When allowed to flourish properly, it is the greatest generator of wealth and prosperity the world has ever known and it's the only economic system that can achieve all of this peacefully, while upholding the freedom and dignity of every individual who participates. With certain conditions in place — like the ability for anyone to incorporate a company, open a bank account to accept customer payments, and operate in the open market without government interference — innovation and wealth creation will thrive unbounded. Remove any one of these building blocks and you will have an entirely different system with entirely different results. This is exactly what the Biden Administration has done to the crypto industry and many other industries in America. It has been dismantling our economic way of life and the system that made America the greatest country in the world. And it has done this solely for its own power, control, and political ambition. Of all the capitalist experiments, America has been the greatest. I have seen and experienced this first hand many times. @Gemini, a crypto platform I founded in 2014 with @cameron, went from an idea on a napkin to becoming a company that has employed thousands of people over the last decade and helped millions of customers gain access to crypto. I’ve had employees thank me in tears because their time at Gemini allowed them to buy a house for their family. I’ve had customers approach me on the street and thank me for building Gemini because it helped them achieve financial freedom and start their own business. It is these experiences that give me the greatest joy and provide meaning for everything we do at Gemini. The Biden Administration has tried to tear all of this down. I am not going to stand by idly and let them. I’m going to continue fighting for what I know to be so right. President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice. This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth. It’s time to take our country back. It’s time for the crypto army to send a message to Washington. That attacking us is political suicide. This is why I will be casting my vote for President Trump in November and I hope you will too. Onward!

@JaromirTesar Honestly, better not invited because those invited will be asked to pay for the bill. It is not a round table talk, more like fund raising to boost the market

It seems that Friday's crypto summit at the White House will be without Charles Hoskinson. I think he should have been invited because few have done as much for the crypto industry as he has. Maybe next time.

@vonderleyen @realDonaldTrump

Best wishes President @realDonaldTrump for your tenure as 47th President of the United States. The EU looks forward to working closely with you to tackle global challenges. Together, our societies can achieve greater prosperity and strengthen their common security. This is the enduring strength of the transatlantic partnership. #EUUS 🇪🇺🇺🇸

@Ashcryptoreal $Trump chosen $SOL was a godsent free publicity campaign about unsecured speed breaking model doesn't work for the masses. $SOL is anti MAGA

SOLANA IS BROKEN AGAIN…..

@Ashcryptoreal You've been rugged

Can someone please fix Solana I bought $300k $MELANIA But now I cannot sell it

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "I got ten people (at Trump's inauguration). Private dinners and meetings are a lot more effective than going to events with 2,000 people and 30 seconds of face time in public."

This wallet sold $32.5 Million worth of $TRUMP in 30 minutes without ever buying any tokens. THIS IS AN INSIDER. RUGGED BY THE PRESIDENT! LOL

@gordongekko What if $Trump matches $SOL

I just opened a $500K short on Trump coin Liquidation is $90 If it hits $55 I will make $2.7M. I am ready for the sell off. You think I will win?

@algo_willy Bro, you know this not SOL 1st time had a technical breakdown

@CryptoIRELAND1 Well said Bruh

Trumps plan was to show the world that #Solana doesn't work. I'll continue to buy $ADA WBU 🫵 YES YOU

This is why leios and hydra were developed. Surges like these can be handled naturally and without disruption or added cost

@brian_armstrong @blknoiz06 @coinbase $ADA is safe, cheap, secured and most decentralized. Why not try Cardano man. This downtime is embarrassing knowing SOL network crash won't be solved technically

@blknoiz06 @coinbase Team is working hard on scaling our Solana infra now - lots of Solana activity last few days, we were not anticipating this level of surge.

done using @coinbase until the issues w/ solana tx times are fixed

@realTrumpNewsX Amen

@joshuwa $ADA tx is cheap and no shutdown since day 1

#Solana has had congestion issues all day with transactions failing left and right. I even had an issue sending $SOL earlier today... Do you know which #blockchain has never had an issue with congestion or failed transactions? 🤔 #IYKYK Leave a comment below! 👇

🚨 Dear @realDonaldTrump @MELANIATRUMP @EricTrump @DonaldJTrumpJr, The weekend is over. The hype was fun. Please DO NOT launch any more tokens. If your crypto advisors are telling you to, please DO NOT listen to them. Time to get to work. Sincerely, Everyone in crypto MAGA

@barkmeta Cardano and Xrp

Bitcoin is slow Ethereum is expensive Solana is broken What’s the solution?

@lilybrodi Welcome to the stand alone community. You are not alone Lily. I happily alone, stay with mom, two cats and bags of ADA 😂

i'm 40 years old with: no kids no bf no cats no house no car but i've got a bag of $ADA and an amazing mum and i couldn't be happier

@zaidibrahim Dear Zaid, Good writing with respect. Nevertheless, assuming you are the PM, what would you do differently Malaysia is the land of impossible with very limited possibilities. How many fixed expanses govt have to shoulder every year since 1957? Go figure it out.

Dear Prime Minister I don't want to cross swords with you, but you insisted that you had been implementing reforms. You said you had been in prison for many years, so how could you have forgotten the need for reforms You gave the tender as an example at a function celebrating the book launch of another great reformer. Now you say no Minister can influence the process. What about the top civil servants? Could they have decided on behalf of someone else? I believe you can do two things if you are indeed serious about reforms. Review the Official Secrets Act. The mother of corruption and abuse of power will not be dealt with until we have a transparent govt. A truly transparent govt The other thing is don't charge anyone for speaking or writing about 3 R Will you and Lim Kit Siang take this challenge?