Andrew10MB450
528 posts


@Mrabrando @TrueCryptoPower @OTC_Bitcoin @Truebitprotocol Truebit wont hype or shill. Truebit is an academic / theoretical approach to the problem of off chain verification/ trustless data. It will succeed or fail depending on adoption of it as the solution. Time will tell. I hold a bag in hope.
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@AndrewMaughan6 @TrueCryptoPower @OTC_Bitcoin Why there’s absolutely zero information from @Truebitprotocol then? There’s a huge hype about #truebit ‘s x3000 in certain groups.
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$TRU 🔥 is not automatic.
When market price of $TRU is lower than it's retire price 🔥 does not happen automatically.
Such action must be performed by the person who decides to resell their tokens to OS #Truebit
Last time it happened in May'22 when retire price-market price=$0.04
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@Mrabrando @TrueCryptoPower @OTC_Bitcoin OTC has a very bad reputation for scams over the past 5 years. Truebit is legit, he is not.
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@TrueCryptoPower What do you know about @OTC_Bitcoin and is he the “legendary” Chinese guy who dumped #Truebit ? Any thoughts on that? I’d love to read some. 🤌
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@abcnews Australian Gvt needs to grow a set and demand his release.
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Julian Assange meets with High Commissioner and asks what Australia is doing to secure his release abc.net.au/news/2023-04-0…
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@elonmusk You cant restore The $US backed financial system, but you can restore @RudyHavenstein. With great power comes great....ah fuck it, let the mans voice be heard on Twitter, press the button.
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@LegendaryEnergy He was caught in a series of lies. It was all recorded.
Prior to that he committed treason by interfering with the peace talks of the Vietnam war before he was President....its likely that hundreds of thousands more people died as a result. Nixon was not one of the good guys.
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@SandwichesBacon best explanation of the tokenomics here: youtube.com/watch?v=kN7qvp…

YouTube
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I'm looking for the most in-depth #Truebit $tru threads to help educate my peers on the project. Please reference below. Also, I am calling out for someone to make an in-depth thread about the unique tokenomics of the project-
Keep stacking and stay patient.
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@unusimmortalis If i'm crystal ball gazing, #AI likely becomes the dominant narrative for crypto speculation in 2023....but you cant put #AI computation on chain, only the answer...so trustless offchain computation becomes a narrative. Could be interesting for #TruebitProtocol
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@unusimmortalis 'ticking the boxes' is more a rear view mirror observation for me, rather than crystal ball gazing. '23 looks to be a challenging year doesn't it. AVAX and QNT seem to have set up very solidly for long term growth so they're still high on my list for 2025-2030.
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#Truebit use case and tokenomics has a lot of people confused. This is the best explanation I've found.
youtube.com/watch?v=kN7qvp…

YouTube
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@TrueCryptoPower I am trying to understand how the $tru token price is connected to $eth ..., this diagram is not clarifying for me. is there another doc that explains the $tru tokenomics in detail?

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When $TRU reaches or exceed it's mint price bots will automatically buy $TRU on #Truebit OS & try to sell it on exchange profitably.
But each new $TRU mined will automatically increase its mining and retire price.
➡️So the mint price is not the maximum price of $TRU.
⬇️

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@JamKozy Disgraceful. This has all the signs of a gang vendetta. There will be much more to this story.
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@bitbitcrypto hilarious. Mate of mine was done by that scam 30 years ago. Its an oldie but a goody :D
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@Nowyoutellme4 @JamesGRickards Will be interesting to see how it plays out.
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@AndrewMaughan6 @JamesGRickards Too late even for that. The one-child policy favored boys. There are not enough women. Instead of the normal 50/50 split for males and females, China has something like 60% men, 40% women. It’s a demographic disaster.
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China's population fell in 2022. That's just a start. They will lose 600 million people by 2070. Those left will be older, more subject to Alzheimers and dementia. This will be an epic collapse. One more nail in the coffin of the omnipotent China myth.
nytimes.com/2023/01/16/bus…
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