Bigpones
665 posts

Bigpones
@Cryptodelica
I'm having fun being poor. Sometimes you gotta roll the dice for flavor...
Ceti Alpha V Katılım Mayıs 2019
1K Takip Edilen101 Takipçiler

@TanjaTrades @MattLeech My first choice was her, my second was you. I’ll take the middle seat between you two!
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@MattLeech I’m switching seats to 14C to get trade secrets from Nancy Pelosi
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@dotkrueger I couldn't give a shit about any of those things with the exception of the private jets and the restaurants. the rest is vapid garbage.
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What does a Billion dollars get you?
- not a better car than a Porsche 911, or a Tesla S
- not a better hotel than a Four Seasons
- not a better laptop than a MacBook Pro
- not a better restaurant than l'ami Louis in Paris
We're basically talking private jets, gawdy yachts and tacky mansions.
Extreme wealth is somewhat over-rated.
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Bigpones retweetledi

Crypto fucking sucks right now..
- Trump and his wife launched "official" memecoins
- Milei’s national meme rugs and fucks everyone
- Dude buys @kanyewest's account just to pump a meme for max extraction from unaware retail
- A guy loses everything on memes, livestreams his suicide saying “If I die, turn me into a meme” and sick bastards actually do it minutes after
That’s just the last month..
This place has become a cesspool of degenerate bullshit
Pumpfun scams left right and centre, people fucking on camera for pumps, kids threatening animals if there are no buys.. It’s beyond pathetic
The worst part? The people who should be gatekeeping are enabling this shit
@cz_binance pushing memes of his pets just to pump volume on @binance
@coinbase and other tier 1s listing every garbage meme coin under the sun, just to make a quick buck while retail investors get obliterated
This space was supposed to evolve.. to be the future of finance.. a decentralized revolution
Instead, it’s devolved into a fucking whore house
Catering to the lowest common denominator and pandering to the dumbest most degenerate impulses.. which leaves a shitty stain on the entire industry
Surely the space is better than this?
There is some incredible stuff being built in #crypto but its all being pushed to the corners whilst everyone dives head first in this lunacy
The most influential people in this space have the power to steer this change.. for the good of the industry
People like @brian_armstrong, @cz_binance and others.. they can lead the way and help crypto fulfill its potential
But they are currently choosing greed instead of wanting the space to flourish and improve our society
It’s fucking embarrassing to be associated with this shitshow right now
This ain't the future of finance, It’s a fucking circus.. and right now the clowns are running the show

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@Tradermayne Wow! You look great with hair and a sash! Maybe you need to step up your game Mr. Man!
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Bigpones retweetledi

Do yourself a favor and stop comparing this cycle to prior cycles.
Bitcoin is highly likely in a supercycle.
The crypto industry has just experienced its most dramatic change in history, a fundamentally driven 180 degree turn.
The industry went in weeks from a barely legal pariah detested by the state, to one of the top industries embraced by the state.
The change is so extreme it's hard to find comparables in modern times.
Maybe gold in the 1970s is one.
The 1970s was a transformative decade for gold. Nixon's ending of the Gold Standard in 1971, dismantling Bretton Woods, sent gold surging from $35 per ounce to $850 in 1981.
Expecting a major local top around March does make sense, as I've covered in prior posts.
This would be heavily dependent on the slope of ascent, funding rates, and the broader economy. But one should not equate a major local top with the beginning of the bear market.
Maybe we do get such bear market. Anything is possible. But the conditions for it are not yet there.
It's also too soon to be expecting a top. Bitcoin bull-runs always last for many months. It's only been 33 days since Trump unleashed the Kraken.
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This week Marc Andreessen revealed that many founders have been threatened by the banking system
I am one of these founders — due to fear of retribution I have never released this publicly
So what does it actually look like when it happens to you? The first experience that I had personally was when I was trying to open up our initial bank accounts in 2021.
The Beginning
I was denied by multiple banks when trying to open up our first accounts. Whenever you open up a business account, the bank is going to ask what your business does. If you mention anything around “crypto” or “web3” you will be rejected.
After repeated denials using these terms explicitly, you begin to realize what’s happening so you start using something like “Early stage fintech startup, iterating on product.” Eventually this worked and I was able to open a bank account to simply do business in this country.
Repeated Attacks
Ok, so is that it? No — it is a repeated and consistent onslaught. Once you get an account you’ll realize that just having one account is a serious risk to your business. You’ll eventually get hit with an email with a subject like the following:
You’ll open this and the request really won’t make a ton of sense because they already have the documentation they’re requesting, but you’ll comply anyway. The issue is that complying doesn’t resolve the problem. We have had our accounts frozen arbitrarily even when promptly responding with all requested documents.
This account freeze caused us to miss payroll. My team believes in us strongly, but when your company misses payroll it definitely makes you start to wonder if this is a stable place you can work long term. It also isn’t really too affirming to hear from your boss “Honestly we have the money, and we complied with all requests almost immediately — I legitimately believe we’re being targeted because we work in crypto.”
For an additional example:
Sounds pretty reasonable, right? They just want a couple docs, and they’re giving us 5 business days to this. The issue is that:
- Sometimes they don’t even respond for 5 business days
- It’s not about submitting the documents, it’s about them approving the documents
- They are just re-requesting the exact same documents that had already been asked for and submitted, giving no clarity on what was wrong with them initially
This strategy mirrors the SEC’s approach to kill crypto in America over the last 4 years — don’t make the rules clear, make people operate in a fog, and kill them with bureaucratic ambiguity instead of outright attacking them.
We are not the only ones. I talked with a number of Omni’s investors who saw this happening across many of their investments — to the point that their portfolio support teams proactively were helping teams establish multiple independent bank accounts to mitigate risk.
Why am I ok speaking about this now?
Because if people like Marc Andreessen are speaking out about this I feel I am less likely to be targeted individually. Previously I did not speak out due to fear of bringing even more risk to myself personally and to my business.
The primary reason I am publishing this is to provide further evidence that this is a real problem that stifles innovation in America. Over the past 4 years the government had an active agenda to push crypto innovation offshore. I think this is really dangerous for America. We need to lead in crypto, not push innovation offshore to random countries like the Bahamas (FTX 👀).
Crypto is a technology that has the potential to substantially improve self sovereignty and personal freedoms for people throughout the world. I genuinely can’t think of any other technology that is as “American” in its ideals as crypto.


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@krugermacro Intro him to Ethereum, that's what the boomers deserve.
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Said every $ETH maxi every week for the past 40 weeks
🥱
Evan Van Ness@evan_van_ness
Eth sentiment is as low as it has ever been Every other time it was this bad, ETH immediately melted faces.
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$8
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$200
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