Klemem 🔮🇪🇺

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Klemem 🔮🇪🇺

Klemem 🔮🇪🇺

@Klemem5

Bitcoin is permaculture. In search of zero knowledge and knowledge assets.

Katılım Mayıs 2021
805 Takip Edilen182 Takipçiler
ZKsync
ZKsync@zksync·
Revolut expands access to this network connecting retail users to infrastructure Institutions are already adopting. Accessible to +15 million users across the UK and EEA $ZK access with 0% FX fees. Available within Revolut's flagship retail app.
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ZKsync
ZKsync@zksync·
$ZK, the native token of ZKsync, is now live on @Revolut. More than 15 million users across the UK and EEA can now access $ZK directly within one of the most trusted fintech apps in the world with seamless fiat onramps and 0% FX fees. Here’s what this unlocks 👇
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Klemem 🔮🇪🇺
Klemem 🔮🇪🇺@Klemem5·
@AntSpeaks Is the argument that melania is a good first lady, because she looks better that the previous 2? Its weird how Americans never seem to be thinking about things that matter
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Aɴᴛ
Aɴᴛ@AntSpeaks·
These images of Melania Trump should serve as a litmus test of sorts to determine just how void of critical thinking some people truly are, even if observations of one’s looks and dress sense are subjective. If they can look at these photos and still claim Jill Biden or Michelle Obama had more elegance, class, and beauty, then I seriously question their judgment and it is only safe to assume their views are driven purely by political ideological loyalty.
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Michelle
Michelle@Bella6Michelle·
@adamscochran poor little boy adam gets all fussy. 🤣🤣 Assholes like you make the world a worse place. Thankfully, we can just turn you off and leave you crying in the dark. 😋
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Adam Cochran (adamscochran.eth)
Adam Cochran (adamscochran.eth)@adamscochran·
This picture is sad. You could not better capture the quintessential disconnect of America if you tried: “Billionaire in gilded office gives Grandma $100 tip, to help pay for her dying husband’s cancer treatment”
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Klemem 🔮🇪🇺
Klemem 🔮🇪🇺@Klemem5·
@hekmachine @zachxbt What is the function of any alt coin? To enrich the founders. Say it with me and let's all remember it this time. To enrich the founders.!
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Hekmachine
Hekmachine@hekmachine·
This is crazy, $XMW team farmed literally 2840 eth, that is like 9 million USD. They didn't spend a dime and rugged the whole chart while many people were still holding and believing in $XMW. @zachxbt maybe good to have a look.
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Shiro
Shiro@CryptoShiro_·
After all, it seems like $XMW @MorphwareAI was a scam. I will not delete my posts about $XMW, of course. I clearly showed I was still bullish on it, and everything collapsed in just a few days. I'll own my mistakes. Overall I lost over $50k in this scam. Still a pretty bad hit, even if I know many got it worst, losing 6 figures, and I'm sorry for them. It shows that convictions are even more dead in this market. So what happened? First of all, I invested in $XMW like 1.5 years ago, when the token launched. I almost never sold any token, that's why I'm down $50k. I only sold a bit on the way down when we entered the bear market, as I was not confident in any alt performance, not just $XMW. But I was already down a lot, and I bought back lower afterward, which could have been a good idea. It wasn't. I never sold any top either, unfortunately. At some point I had maybe $150-$200k worth of $XMW. I sold all of it for $2k worth yesterday lmao. I'm sorry for everyone that followed me in this investment. I know some made money, as our first buys were in the $5-20M range, and $XMW topped at $150M, and then made another upside move to $110M, and afterward stayed for a long time in the $20-50M range. But I'll be honest, probably most of you who invested in $XMW lost money like I did. If you did, I'm sorry. I've had convictions plays in the past, as I've been here for a while, many played out well, like $AXS, $PENDLE, $MNT, $HYPE, $VIRTUAL, ..., that's why I'm still here in 2026. But $XMW is a one of those projects I had real conviction in for months, that ends up going bad. We have to have some I guess, but this one is tough. As I've said before, I'm 70% in stablecoins, 20% in BTC, and 10% in altcoins, I sold most of my bags back in November/December. So $XMW was just a small share of my small altcoin portfolio. And I advised people to do the same. But I also advised people to accumulate more $XMW and that it would pump in the next bull run. Because the fundamentals were strong, and I had convictions. I always say NFA & DYOR, but I don't think any amount of research could have helped figure out what was happening on the inside. On paper, the fundamentals were strong, and I would probably make the same mistake and accumulate in the same situation: • Real-world business • < $10M Mcap, was once at $150M • Bitcoin Mining • Real infra • Real edge • Energy control • Just signed a partnership with the Paraguay Government • Blah blah blah Fundamentals were good. But fundamentals are as good as the leader of the project, and the team behind it. FTX also had strong fundamentals back in the days, it was the top 2 CEX, I also lost money in that scam. And many crypto projects had strong fundamentals and ended up to fail, or even scam. After all we trust a team, and the human risk is big. People are greedy and crypto is a space where it's unfortunately easy to scam people and get away with it. Anyway, what I wouldn't do nowadays however is ignore: The bad vibes from the community, the secret things that seemed to happen in the background, with whale groups and secret groups, the constant changes in the team and direction, how they probably wasted huge amounts of money for the TOKEN2049 thing in Dubai, how they made us believe they had rich investors from the UAE but never showed proof, the fact that they tried so hard to be listed on some serious CEX and failed to do so, the fact that the token wasn't really useful and mostly a cash grab, the way that many whales got out (probably they knew something I didn't),... Honestly I'm not even sure Kenso is a full-blown scammer, and that he really did plan all of that, stole the fees, enjoyed in Dubai with that money, did scam the $NKP team. I think he is, but I can't be 100% sure. In case you missed it, here is the whole story: 🔗 x.com/CryptoHass/sta… But one thing is certain, Morphware is terribly managed, the situation is atrocious, the $XMW to $MW transfer was done at the worst time possible, when FUD was already so high, only announced on Telegram, in a channel with a locked chat, not even on X, introducing taxes again on the new token, with no consideration for the holders. Even if it's not a scam, things are looking awful, and once trust is lost in crypto it's so hard to regain. We live and we learn. I just lost money, and learned a valuable lesson. (ngl I'm tired of valuable lessons in crypto, I've learned many already) What can I say now, we move on, and we'll make it back! 🫡
Shiro@CryptoShiro_

Ok this is a tough price action. It seems like an early whale unloaded their bag. And we're in a low-liq market. But all in all, nothing has changed, still the same fundamentals and the quoted news is still super bullish. We just got an early whale out, which could even be a good thing. Better distribution. I'll be totally honest with you though, I knew $XMW was not going to perform in a bear market. It was never going to pump back to previous highs in a bear market with no liquidity, of course. But I did think it could pump a bit following good news. My goal was just to accumulate in the $10-20M range, waiting for the next bull run. Well, it's in the $5M range now. That means I'm losing money on my previous accumulations, but also that I can buy more at such a low price. $XMW is one of the few projects I've decided to put my conviction into, regardless of the price action. Most of my capital is in stablecoins right now, I only have 20% of my portfolio in BTC, and 10% in altcoins. That's why I'm willing to take the risk of accumulating $XMW, and a couple of other alts. When we're in a bull market again, whether it's in 2026, 2027, or later, I'll quote this post and we'll see if it was indeed a good opportunity, or not. If you're in this with me, I hope you know know the risks. By looking at the chart, we're trending toward zero. The chart is def not looking good. But the fundamentals are still great, and I believe we just need better market conditions. Compared to most projects in crypto, Morphware actually has a business, real-world infra, real partnerships, real impact, and an actual edge. There is no way this shouldn't be worth at least $50M Mcap in a bull market when every random shitcoin reaches $100M+. We've been to > $100M Mcap two times, with weaker fundamentals than today. I do agree that it's possible we never get another massive altcoin bull market like before. But even in that scenario, the strongest projects will still perform as liquidity returns. I don't see why Morphware couldn't be one of them, especially after proving it could be a $150M+ Mcap project. I trust that the liquidity will come back in the market, and @MorphwareAI will be inevitable. Also @mediumtension will reveal on Monday the whole plan for the Paraguay Government deal. Reminder: I've never been paid by Morphware team, I've invested my own money in $XMW, and I'm currently at loss. NFA & DYOR 🫡

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Ć r y p t ⬡ H a s s
Ć r y p t ⬡ H a s s@CryptoHass·
Kenso Trabing sold his soul and absolutely devastated many peoples lives. Many will never recover. Families destroyed. Life savings siphoned out of morpwhare and into Lambos and Dubai flats. Millions embezzled? Follow the money. I personally lost several 7 figures on his lies. Many close to me as well. All good, God will get him in the end. Tonight is one of the nights of Power in Islam. I've included him in my prayers. Anyways, here is a great read on who this psycopath truly is and some of the things he's done. Hey @mediumtension I don't scare easily...so save your threats, your attorneys, and your bullsh*t for someone else. I present to you...The Story of XMW and NKP by my good friend Bob the reBuilt @bobtherebuilt "Allow me to introduce you to Kenso Trabing and Khurram Bin Kamal, the thieves and liars behind @MorphwareAI $XMW and the ones responsible for stealing over $1.7 million from @nonkyotoproto $NKP in the most disgusting betrayal of friendship I’ve personally witnessed. 📷📷 x.com/mediumtension linkedin.com/in/trabing/ linkedin.com/in/khurram-bin… facebook.com/khurram.b.kamal Now that is a wild statement to read coming from me, as most people know me as being the #1 champion of Morphware since the beginning. And it pains me more than you know to write these words because I considered Kenso to be a good friend for some time. I believed in Kenso more than anyone has ever believed in him, and more than anyone is ever likely to believe in him again. So to understand what happened, we have to go back to the beginning and tell the story. Spring 2024 – The Partnership Begins In the spring of 2024, I was introduced to Kenso through another friend. We got on many long calls where he pitched his vision for Morphware: harness cheap electricity to do AI compute and use the spare electricity to do Bitcoin mining. The unit economics made sense, and the idea could really work. The only issue is that they were stone-cold broke and could not figure out how to raise a dime from anyone. He had raised a seed round back in the end of 2021, moved down to Paraguay, and had long-since run out of funds, scraping to get by. The pitch deck was messy, and the pitching skills were lacking, but I could see the potential and connected with his character. What I really loved was that Kenso told me his motto in life was: "In the end, integrity wins." And that drew me to him because the crypto space is just overflowing with psychopaths and scammers. It's a very, very corrupt place as most people know, and I've made it my goal to try to find the few people in here with integrity and help them succeed. (Spoiler alert: I’m apparently bad at knowing who has integrity.) Fall 2024 – XMW Launch and Success Because their backs were against the wall, I showed them the path of using a tax to bootstrap funding since raising wasn’t working. They didn’t even have enough money to deploy liquidity, but I was so convinced of their trustworthiness and vision that I loaned them the money to launch the whole thing, which was at that time half of my remaining liquid funds. The original marketing plan was ME. Massive write up after massive write up, on twitter, in DMs, on telegram, to every contact I had. Getting on calls for literally hours at a time to pitch the vision and bring people in. Which I could do because I had real conviction. We succeeded. The project took off, and by the end December 2024, they had made over $3.5 million in tax revenue. The plan was for all of that to go into buying bitcoin miners, high-end GPUs, and facilities to house all the hardware. I could not have been happier for the team or more confident in their dedication to pull this off and do right by all their investors. Spring 2025 – The “Incubation” of NKP In the spring of 2025, Kenso introduced me to a friend of his down in Paraguay who was a successful businessman and who was, along with another partner, running massive operations involving carbon credit production. We talked and I was impressed by the scale of their work, but told him, “My man, it looks like you are going to be making tens of millions of dollars on your own. You have a good thing, you don’t need the headache of crypto, just run your business and enjoy your life.” But Kenso had the opposite advice for them. He continued to push the idea that they should launch a crypto token, that it would be so easy, that they would make so much money from taxes just like Morphware did. Because I was opposed to the whole thing (there is a very steep price to pay to launch a crypto coin and do it right), Kenso started to pull back from comms with me while he and Khurram set up everything for the token launch. Now remember when I said that Kenso was straight up broke down in Paraguay? Well, he made some friends down there. Important, connected friends that gave him money multiple times, literally gave him a bed to sleep on when he had nowhere, made introductions, connected relationships, opened up doors for him in Paraguay to have a hope of starting Morphware. These men were highly successful, but entirely ignorant about crypto. And so for these good friends, he lured them in with this wonderful deal: Kenso and Khurram would guide their tokenomics, raise a 5% seed round, do some marketing, and hire a great CTO to run the launch and develop the tech side. In exchange, they would receive 33% of all tax revenue in perpetuity. (But shhh, that part needed to be kept secret, Kenso told them.) 📷 The NKP launch did typical launch day things, got sniped, spiked up to $15M, then bled down 85% to $2.5M over the next two weeks. At this point, Kenso started trying to bring me in to come fix things. He pushed hard for the NKP team to hire me, give me authority over comms, plan things out, do grass-roots marketing, bring people the vision. Basically, come work the magic for them that I did for XMW before. After a lot of long calls, I agreed. At that time, I had no suspicion of anything malicious. I just thought maybe Kenso had been rash in rushing them to launch before they were ready. But things weren’t so bad. We could fix this. Right? I got to work. You can see my public writings, but you can’t see the endless hours of phone calls, conversations, private essays, putting every ounce of my reputation on the line backing them. I put my money where my mouth is and topblasted the chart for over 2 months so that no one could say I fill before shill. For several months, it looked like things were going well. But strange things were tugging at my mind . . . Fall 2025 – The fraud falls apart Kenso and Khurram had handled the 5% seed round sale. Khurram confirmed directly that he was in control of the wallet where that 5% supply was held, and distributing it to seed investors. The NKP team repeatedly asked them, “Hey, who exactly is in our seed round? Who are our investors? Can we talk to them? They keep dumping, and we would rather OTC buy them out.” But Kenso kept telling them, “Nah dog, this is crypto, everyone is anonymous, this is normal, you never know your seed investors, you don’t even get a list, not even their pseudonyms, this is just how it is.” So the NKP team could never have an ounce of information about who, exactly, were their seed investors. Onchain transfers reveal that of that 5%, exactly 0.88% was sent to 16 individuals (most of whom were original XMW seed investors, lucky them) that had sent in funds. The other 4.12%? Sent to random wallets that all behaved as a single entity. Wallets selling one after the other, in exact timing. And all the funds from these wallets kept going to the exact same deposit addresses as Morphware. 📷 This is the wallet, controlled by Khurram, which Kenso had the 5% supply populate to directly: etherscan.io/token/0x11fa11… Here is the transfer of 0.88% supply to 16 investors, all of whom contributed funds and are known: etherscan.io/tx/0xb53456793… Tokens would move out from Khurram’s wallet into these fresh “seed wallets” and sell within seconds, or sell in the exact same patterns and send funds back to the same exits. Turns out that 4.12% of seed was supply that Kenso and Khurram simply gifted themselves in secret, and dumped on myself and everyone I brought in. This is why he lobbied so hard for me to join NKP, so that I could drum up exit liquidity for him. Here is just a sample visualization of a handful of the wallets they sent to and sold from. 📷 For those that doubt, this is all 100% verifiable onchain. I encourage you to look. Kenso and Khurram will, of course, deny this. They will claim that these were legitimate seed investors. This could all be cleared up if they ever actually put the NKP team in contact with these supposed “seed investors” and could also explain why all the sales occur in the same systematic pattern, and why all the money goes back to the same Morphware controlled sources. This was starting to look like planned extraction from the start. So I had friends do a thorough onchain analysis. Turns out it was even WORSE than I thought. They tried to implement a whitelist at launch. A whitelist that was created by Khurram. And it just so happens that 125 fresh wallets all funded by the same Morphware team wallet were on that whitelist. Fortunately, they were so incompetent that they never tested the whitelist and it failed, to where about 70% of “whitelisted” wallets couldn’t actually buy. Still, they managed to get 105 wallets to buy after more sophisticated snipers got in, plowing in heavy with 6 figures of XMW tax money, and dumping it all for several multiples that same day on the pump. Luckily they don’t know how to snipe properly, or it would have been an even better entry. However, their onchain trail is easy to follow because they are sloppy. And what do you know, the EXACT DAY that I officially agree to help NKP, two wallets magically appear, both funded by Morphware team wallets, who buy and dump for a quick extra $100,000 of profit. 📷 All of this is verifiable. All the funds go back to the same Morphware deposit addresses controlled by Kenso. The NKP team finally said, “Ok, I think this tax deal is actually not right, we need to change it.” So they told the CTO, Alex Dan, to go ahead and change the tax wallets. Alex said, “Oh that isn’t possible, the contract is hardcoded for those wallets, they can’t be changed.” Not being crypto native, the team sighed in resignation and accepted that the tax money would just have to keep flowing to Kenso for all eternity. But it isn’t hard to figure out. I checked the contract, I called out his lie, and pressed him hard. He broke, and what he shared was once again worse than I imagined. You want to know an interesting thing about Alex? He just so happened to be a former student and close friend of Kenso, hand picked for this role as CTO. 📷 x.com/DanPhumara linkedin.com/in/alexander-d… facebook.com/alexander.p.dan Kenso himself didn’t merely recommend, but rather installed Alex for the NKP team. As it turns out, Alex wasn’t just a lackey helping out Kenso. He was a complete fraud the entire time. You see, Alex didn’t create the token contract, or deploy the token, or control the wallets. He lied to the team by saying he did, but when caught in his lies and trapped, finally admitted the truth: Kenso created the NKP token contract (and made sure ownership was NOT transferable). Kenso controlled the deployer wallet. Kenso controlled the tax wallets (both the original wallets where taxes went, and the ability to change them). Kenso controlled the locked liquidity. 📷 Kenso pretended from the beginning like he wasn’t involved in the launch directly, though he was actually the ONLY one in control. After admitting to the fraud, Alex pretty much disappeared off the face of the earth. I couldn’t believe it. This “top tier” CTO Kenso hired, did nothing, then bailed? Well, Kenso is the one who dictated his $240k annual salary and told the NKP team this is non-negotiable. Wasn't that kind of him? And because Kenso controlled the tax wallets, he yoinked that $240k out in the first week as a “prepayment” for that salary. For a CTO that literally never delivered a single thing for the team and then ghosted after 5 months. Of course, that assumes that money was used to pay this lackey fraud. Because that $240k went into Kenso’s hands first. Where did it go from there? No one except Kenso knows. 📷 And that deal where Kenso would get 33% of the tax money? Being the gigachad baller that he is, he actually took 63% of the taxes since he controlled the contract and the wallets. The original wallets receiving tax were never under the NKP team control. Only Kenso (and by proxy his puppet Alex) had access. It was not until July 2 that Kenso changed the tax wallets to include ones actually controlled by the NKP team. In the below image, all addresses in orange were under the control of Kenso/Khurram/Alex, and only the green addresses are owned by the NKP team. 📷 So of the $1.2 million raised, the team only ever accessed $450k of it. The rest all went to the “incubators” at Morphware. Looking only at confirmed, verifiable onchain data (which anyone is free to audit and check), we can say they have extracted at least: Taxes - $750k 4.12% “seed” tokens - $837k 105 wallet “snipe” and insider info swings - $150k Minimum $1.7 million in profit for Kenso and Khurram. Not a bad rake. Who knows how much they managed to execute on actually clean wallets. The team did this exact same tax and seed set up for @read_vu but it instantly flopped so they weren’t able to steal much. It seems their plan was to secretly become an “incubation pad” and churn out projects where they take the taxes and seed free and clear. Winter 2025 - Secret War Escalates It took the team a long time to believe the reality of what had happened. This was their friend! It had to be a misunderstanding. It had to be confusion on the blockchain. There’s no way Kenso would do this. But the evidence piled up too high, Alex directly admitted to the deception, and Kenso’s dodging of every question left no other conclusion but to accept they had been fleeced. So why not go public? Why not make a big scene? Simple: leverage. Kenso still controlled the contract, the taxes, the wallets, the liquidity. If we tried to fight publicly, he had the power to screw the NKP team over even harder. And he dangled the carrot on the stick. He said he would give back the fair portion of the taxes, going back to their original agreement, but he needed “time” to get to the laptop that controlled it all. That laptop was in a “secure location” far away in his luxury apartment in Dubai, and he couldn’t go fetch it because he was busy vacationing in Japan. Months went by, and he kept stalling. During this time he began to tell people in back channels that “NKP is a larp, they don’t have anything, it is going to zero” and started telling people not to believe anything I say because I am crashing out with a severe drug addiction. The funny part is he was front running what he feared as me exposing him, when I was still protecting his image and trying to find a peaceable solution. 📷 And every day he delayed was another day he got to collect a bit more of that tax revenue. Finally, in December, he hands over a laptop with access to the deployer wallet. What happens when the team opens it up? They can’t log in to it, because they don’t have the password! Kenso tells them, “I will give you the password to the laptop after you sign a binding contract swearing yourselves to silence and secrecy and absolving me of all wrongdoing and indemnifying me from all legal action.” Obviously no such agreement could be signed. Threats were made, and he gave the team access. After all, what more could he extract? He already sold all the tokens, and volume feeding the tax had dried up to nothing. Will anything come of this? Probably not. Just another day in brypto land, right? Set against the backdrop of crypto crime, there are 10x bigger thefts going on all the time. What makes this unique is the absolute betrayal and sabotage of the people who helped Kenso in unbelievable ways, and he repays their kindness with malice. What does this mean about Morphware? All of this is incredibly sad. The damage is done to NKP, but their core business is unaffected, and will succeed. It’s just a $2 million hole and a hell of a lot of sentiment sunk. But this brings the question back to Morphware. If Kenso has been this deceitful, this evil, to the very people that helped him more than anyone in his life ever has, what is really going on at Morphware? Do XMW investors know that Kenso bought high end real estate in Dubai? Do they know he spent all of the 2025 summer luxury vacationing across Europe and then Japan? Do they know there are former employees who still haven’t been paid wages they were owed? Where HAS all their tax money gone? 📷 The XMW token collected a total of 2840 ETH before being removed. The average price from launch in September 2024 til taxes dropped in November 2025, is $3005 per ETH. Which would be $8.5 million. In spring of 2025, they claim they lost $1.2 million holding ETH during the crash by not cashing it out for stables. That has never been verified, since the ETH was taken to a CEX immediately. So even on the assumption of complete honesty for that claim, that still leaves about $7.3 million raised. Their dashboard at community.morphware.com/en/mining (now taken down, but in the past) shows 600 machines running 81 PH/s of mining capacity. Ask chatgpt or gemini or any source how much that equipment is worth, and you get an answer of between $1.1 and $1.6 million. Another $600k spent on GPUs. Another $500k spent on land. Altogether it looks like about $2.5 million accounted for in physical assets. Where is the other $5 million? Not to mention tokens. The team was already caught red handed once before directly selling treasury tokens onchain. They have OTC sold some unknown amount to unknown entities. Why are there now fresh new streams of tokens being made for XMW that the team is claiming are “seed investors”? Why is Khurram still selling tokens daily on wallets that are easily proven to be his? It is probably worth a true forensic onchain audit of how they are still managing to offramp millions of dollars to their known deposit addresses in the past 2 months even with the taxes off. I do hope, from the bottom of my heart, that Kenso and Khurram do right by the XMW holders. I hope they are spending funds wisely and will make good on their promises to token holders. I hope all these questions have great answers showing real fiduciary duty to their investors. Will they keep selling tokens then walk away with all the equipment belonging to themselves? I don’t know. I hope not. If I were currently an investor, I would demand full receipts of where all the money went. Hopefully not into their pockets to fund a bougie Dubai lifestyle. As for me, every possible shred of faith I had is now ground to dust and blown away in the wind. But I am never a man who believes a situation is utterly hopeless. Anyone can be redeemed. What would it take to make things right? 1. Do right by the NKP team by giving back the fraudulently taken money. 2. Do right by the XMW holders by hiring an independent 3rd party auditor to examine where all the money has gone, and show receipts for those expenditures." Great writing Bob!
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lowkey
lowkey@hoodnowink·
@Klemem5 will be reopened today
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Klemem 🔮🇪🇺
Klemem 🔮🇪🇺@Klemem5·
$xmw $mw is it over? The vibe is kinda tense, not very tense, just a bit. You could say the community is feeling @mediumtension ... I wonder what the founders are up to? #morphware #xmw
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𝗙𝗮𝘀𝘁𝗟𝗶𝗳𝗲
. '' I'm immensely proud of the technology we built '' LMAO talking about tech while there are literally ZERO real projects that have launched on zksync. And when I say zero, let's be clear, I mean ZERO, cero, sifr, sıfır, null, sifiri, shūnya, líng (thank you @grok). Bear market is just starting and they're already leaving all their ships, it's going to be very funny for the next couple of years.
𝗙𝗮𝘀𝘁𝗟𝗶𝗳𝗲 tweet media
Anthony Rose@anthonykrose

Some personal news: after 4 years at @zksync, I’ve decided to move on. I'm immensely proud of the technology we built, bullish on the incredible team, and grateful for the journey. I'm as convinced as ever by the mission and will be cheering @gluk64 and the team on from the sidelines.

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Klemem 🔮🇪🇺 retweetledi
Dr. Simon Hundeshagen
Dr. Simon Hundeshagen@shundeshagen·
The cult of "normal life". Its members don't meet in secret, they have no leader, and they never call themselves cult, yet convince billions to accept exhaustion as virtue, busyness as purpose, debt as adulthood, and unhappiness as just "how things are". They reward obedience with applause and punish questioning with social exile. And the craziest aspect is that the members believe they are completely free.
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Klemem 🔮🇪🇺
Klemem 🔮🇪🇺@Klemem5·
@brablawski @RichardCabezza Fiat equals corruption and slavery... gold is a relatively good money that, much like bitcoin equals everything, the good or the bad... bitcoin can be all of that, none of it and everything in between. It depends on the holder. But it is just a tool. Much like gold, just better.
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fly@brablawski·
@RichardCabezza Gold = slavery Fiat = corruption Try better
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SilverCrusader
SilverCrusader@RichardCabezza·
Bitcoin=pedophilia
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vitalik.eth@VitalikButerin·
I'll do the ill-advised thing and try to explain my own thought process and constraints (and possibly unadmitted cowardice) that guide when I do and don't speak on these kinds of political topics - and further down just say what some of my direct opinions are. It's 2026, the careful route isn't getting us anywhere anymore, might as well try being open. When it comes to hot political issues (not abstract questions like tax policy, surveillance, etc, which it's actually easy to talk about, I mean specific events that affect specific groups), I basically have three choices: 1. Talk about none of them 2. Talk about some of them 3. Talk about all of them Many people do (1). In crypto, many people talk about "decentralized governance", a "freedom", a "fairer economy without intermediaries", "cypherpunk", etc etc, and maybe talk about how blockchains and encryption and zero knowledge proofs can make these things happen. But they take care to avoid making the link between those values and any specific situation. This approach is "safe". But ultimately, it feels hollow, and I think it makes your mind hollow. It makes it really easy for you to think you're doing the right thing, because you're working on all the right technologies, but then because you never engage on any concrete issue, you don't even notice if you're not actually making any impact on the underlying problems - or worse, actively diverting idealistic talent and effort from actually-effective solutions. I think this applies both to individuals, and to whole communities. And so if you don't want to fall into this trap, you have to engage with the world. Note that this does not mean that *your work* can't be general-purpose and instead needs to be targeted to directly affect some specific situation in the world. Focused work is good. But I do think the world benefits from a decentralized public apparatus of moral conscience that extends beyond topics that you directly work on. Many people do (3). But there is a good argument against (3): if you are forced to take positions on everything in the world, then you're usually taking positions on things you had little or no prior understanding of, and your positions are motivated by a few emotional articles or posts that recently convinced you in one direction or the other. And if you have 100 topics, you can only devote 1% of the effort to tracking each one. It becomes easy for someone to convince you of a position that you would not even support if you were more informed about it. There is a reason why people hate the "omnicause", "everything-bagel activists", etc. Focusing on everything dilutes the message to the point where you're succeeding at nothing (or worse, having actively counterproductive postures on things as a result of low information). Hence, there is the option of (2). But (2) has a natural problem: once you talk about some things, it becomes easier for people to pressure you to talk about even more things, by accusing you of selective outrage and hypocrisy. (And, to be fair, selective outrage and hypocrisy are very real problems) To defend against this, you need to hold "a line". One very natural line is to mostly limit your attention to topics that relate to you personally. For example, I and my family are from Russia. When I see footage of the war in Ukraine, whether videos of soldiers getting ready for a military operation, or families expressing their anguish after their apartment building or hospital was bombed, they are often speaking in a language I have known since childhood. More importantly, and regrettably, I personally met Vladimir Putin and thus to some small degree helped legitimize him back in 2018. To me, these things mean this conflict relates to me and is my responsibility to do the right thing in (and not just be a passive bystander, perhaps saying "I am against war" exactly once and then continuing my life). Similarly, Canada is my responsibility, as it's the land where I grew up - both when the government financially deplatformed the truckers (which I criticized), and when the bumbling old man down south starts bullying and threatening its sovereignty (which I've also criticized). Meanwhile I've spent 0 days in Myanmar or Venezuela, less than three months in the Middle East, and have much less context in those and other places - I know what I know from reading second-hand sources and making my own judgements about which facts are true and false and which arguments are right and wrong, which is far from zero, but it still has limits. The United States is a special case, because historically politics in the USA affects the world so much, many people (though today much less than a decade ago) look up to it as an example, and it has massive influence through its economy and its centralized technology platforms. So sorry guys, the entire world has a right to blab about your internal affairs. Something something vaguely similar to "no taxation without representation". This approach that I outlined does have a weakness: regions of the world that are economically very poor will have very few globally powerful people that have close connections to them. Hence, a "take care of your own" norm leaves such people in the dust, vulnerable to being ignored or even outright predated on by others, with no one powerful sticking up for them. I personally try to address this by first making a judgement about whether a faraway situation is more like an internal conflict or more like eg. global public health, and apply the "take care of your own" norm in cases like the former and not in cases like the latter. This is the explanation I can give for why I've publicly said relatively more about Canada, USA and Russia, and relatively little about Venezuela, Sudan, Africa, Myanmar, China, or the Middle East, including both Iran and the various conflicts involving Israel. Basically, if I don't draw the line roughly here, what other line can I hold? *Maybe* there are some people who are closer to "pure devs" who can hold a different line, speaking *only* about abstract generalities, but I've always covered the full spectrum from pure tech to social issues, so I don't think I *can* hold that line. Hence, instead I have to hold slome further-out and more complicated line. Of course, it's also easy to construct a less self-serving explanation: I have some view of who my constituency is, and I am a coward who is afraid of offending them. I could respond by pointing to various instances in which I've been publicly brave (whether calling out Craig Wright, or visiting Kyiv, or running through 2km of rain to get to a conference panel on time etc), but maybe my critics can justly counter by pointing out that this is simply the old-as-time masculine tactic of "compensating for something". I will let readers make their own judgements. Now, my views on a few specific topics: Iran From what I can tell, the Iranian regime is: * Literally killing tens of thousands of people, in gruesome ways, in its crackdown on the current protests * Totally denying Iranian people access to the worldwide internet, in part to cover up the above, and there is a high chance that the regime intends this situation to be permanent. * In the longer term, doing more generally awful things like imposing what clothes women have to wear, providing military support to Russia's invasion, publicly wishing death to various groups on official channels, etc These things are unambiguously awful. They're not a "eh, what can we do" normal level of awful, they are totally awful. Even if global public condemnation accomplishes nothing else, simply reducing the regime's social status to the point where it equals that of North Korea's gov seems like part of the bare minimum that should be done. Though hopefully, the protests will succeed and expand and Iranian people will get freedom. I hope that the crypto space finds a way to be useful by exploring more options to restore access to the global internet to Iranians. Furthermore, there is another important point to make: many people say "this is awful", but then still maintain an attitude of disapproval toward overly "impolite" ways of dealing with the problem, eg. using physical violence against the Iranian leadership. I see the value of a "suggesting violence is impolite" norm in maintaining civilization, but IMO that norm should be focused on *initiating* the escalation to full-scale violence; it's fine to respond with violence when violence is already being used in the other direction on a large scale. Being overly pacifist is a good way to feel self-righteous while doing nothing effective to prevent the people you sympathize with from being rolled over. Nothing in those above paragraphs is "anti-Islamic". But there is the question: if we analyze the situation, and ask *what causes* the Iranian government to be abnormally brutal, then might the conclusion be that those causes include cultural values that are core to Islam? I personally don't understand Islam enough to comment. But I can say two things: * There's plenty of extreme evil that happens without Islam. the invasions carried out by Russia are one good example, there's plenty of extremely dangerous political megalomania worldwide that is 100% secular * In my experience, the anti-Islam hate that I see in our world often goes beyond cultural criticism, and turns into attacks on people and condemnation of entire ethnic groups (see eg. post 9/11). Culture can and should be criticized, including by outsiders. This includes banal things, like my view that miles, feet and pounds are stupid units of measurement and SI units are more civilized (I have much less confidence on 'F vs 'C). It also includes deeper things like moral values. But there is a way to do this that does not turn into personal attacks on people. I do often see anti-Islam discourse failing at this (though some criticize effectively and humanely). Israel/Gaza My moral view on the situation is: * The attack on Oct 7 was a brutal unjustified war crime that killed around a thousand innocent people, and should be condemned without qualifications * The response to the attack has killed ~50-100x more people than the original attack, the majority of them civilians, and has destroyed the homes of over a million Gazans and traumatized the entire population. This level of total devastation in response to an attack of a much smaller scale exceeds all reasonable bounds of self-defense, and itself is a brutal war crime * There are various statements made by high-level officials, actions by soldiers, etc, that I've seen that suggest that the mental state involved in the Gaza operation is less "a principled effort to protect people" and more "classic pre-modern revenge psychology" * Hence, the ICC was right to charge both sides of this * The Israeli government is on the whole a lot more rights-respecting and better to live under than the Hamas one. However, the Hamas government already has social status worse than North Korea. Meanwhile, the Israeli one often gets treated at the highest official levels as a special valued ally, in a way that I fear deeply undermines moral norms, and thus creates room for eg. letting Putin get away with his crimes in Ukraine. This is an imbalance, and I think this is something that many people are reacting against. * What happened in 1967, 1948, and arguably even the late 2000s is honestly not very relevant to this moral analysis. The majority of the population was not even alive when those things happened, there's no good moral reason why the fate of a 14 year old kid who is seeing their home or family destroyed should depend on arcane debates about the previous century's history * The biggest heroes in this situation are probably people quietly working in the background to reconnect people and lay the ground for peace that will hopefully shape itself over decades. I don't think the world can respond *only* by doing this, because it's also important to defend norms ("injustice anywhere is a threat to justice anywhere"), but I'm really glad these people exist and morally support them. I strongly oppose anti-Semitism. To me, this is a special case of the broader moral principle that one should not judge entire ethnic groups by the decisions of a few elites. In other worlds, "hate the government, not the people". One important corollary of this, of course, is that criticizing the Israeli government does not count as anti-Semitism. Principles vs details of the situation I should note explicitly that these moral views above are very "principles-driven" and not "details of the situation" driven. I think this is the correct level at which to approach this. The reason is that while "details of the situation" thinking often can acknowledge subtle important facts that would otherwise be ignored, nevertheless: * It has very low galaxy brain resistance ( vitalik.eth.limo/general/2025/1… ). It's too easy to cherry-pick details that favor your side, and appeal to particularism ("you outsiders can't understand...") to shield one's local bullying from external pushback * It's not something you can build norms around. Peace and humanitarianism in the world depend on moral norms: the fact that the whole world recoils in disgust at certain unconscionable outcomes, and that it can do this in lockstep, and can't be divided-and-conquered by arguing arcane points about third-order game theory or history. Some say "norms are fake anyway, we're in the law of the jungle, you have to protect your own". To anyone who sincerely believes this, all I can say is: YOU HAVE NO FRIGGIN IDEA HOW MUCH EVERYONE, EVEN THE VILLAINS, ARE HOLDING THEMSELVES BACK BECAUSE OF MORALITY AND NORMS EVEN TODAY, AND HENCE, HOW MUCH WORSE THINGS COULD GET * Outsiders to a situation have more understanding of principles than of situational details. Hence, if it's valid for outsiders to express views on things at all, they should focus on their relative expertise, which is the principles. ICE and Immigration The other big thing happening now, that I've been silent on, is ICE turning into a full-on police state and now shooting protesters in broad daylight. The immigration issue is complex and it is important to separate two aspects: * Whether less or more immigration is good (and what kinds). If the highest acceptable level of immigration is less than the level that would naturally arise in the absence of either walls or deportation, then walls or deportation are in principle required. * The fact that ICE is acting like total assholes about this situation. These things can and must be separated. There are immigration systems far more restrictive than USA, whose implementation is more humane. The second needs to be strongly opposed, full stop, no counterarguments admitted. Once the police state apparatus exists to this extent, it *will* keep finding new targets. Even today, it has already expanded its violence from illegal immigrants to obviously-American defenders of immigrants. [insert Niemöller poem here] Today, this second issue (the cruelty) is the more important one in the USA, and its morality is pretty cut-and-dried simple, as described above, so nothing more to say about it. So now, on to the first issue (ideal levels of immigration). I am generally persuaded by Bryan Caplan-style arguments that the answer is "very high". To summarize: (i) the bulk of economic evidence suggests that high-skilled immigration is pretty close to no-downsides good, high-volume low-skilled immigration *slightly* depresses wages of low-wage locals, but it also means consumer prices go down for everyone. The $3 falafels in Berlin (which in turn support the city's status as an affordable home for various artistic and cultural activities) are only possible because of the Middle Eastern low-skill labor (ii) in the USA, even illegal immigrants (!!!) on average commit less crime than the native population. In Europe though this is not true. I also add my own bespoke point (iii): if you are worried about change to *culture*, then I believe that the larger driver of culture change is not foreigners but technology. The real great replacement is the kids growing up on TikTok. (also, much of cross-country culture spread happens through the internet, not via farm workers or Uber drivers) And so actually I believe that if you care about stopping the great replacement, the right thing to invest in is ... longevity technology, so that existing human beings and their generations with unique cultures can survive through the ages as human beings, and not just as history pages. That's right: making everyone live 10x longer is a *conservative* technology. (To the counterargument that this will also make evil dictators live 10x longer and prevent their societies from ever escaping: if we get into that world and a dictator gets too awful, then yeah I'm ok with droning them, I already said so above) However, the downsides to public safety and government welfare expenditure from some types of immigrants are real. Personally, I think that we're very far from exhausting the opportunities we have to solve this problem without deporting people at all - I regularly see stories of criminals getting freed after committing three murders and then quickly going out and committing a fourth. We should stop doing this. Every act of lenience against a violent criminal saps public acceptance for immigration, and thus leads to ten acts of anti-lenience toward peaceful foreigners. Hence, true long-term empathy would withhold lenience from the criminals, and apply that lenience to peaceful foreigners instead. But there is a larger problem behind this problem. Western morality is very dominated by "out of sight out of mind" bias. If you are on the inside of the wall, then you're part of the family, all human beings are equal, let's sing and dance in a circle. If you are on the outside of the wall, then you get performative thoughts and prayers, but in terms of substantive support, well, hang on we'll get right back to you. This is where I think the social role of the "illegal immigrant" category in the USA comes in. It is a strange category, because we're saying that legally there are tens of millions of people who are violating the law on a mass scale, but we're not _doing_ that much about it. Requiring employers to verify immigration status of employees frequently gets shot down. But from the perspective of "Western society hacking around its own broken moral code", it makes perfect sense. We believe in "all humans are equal", that "second-class citizenship" is a bad and dystopian idea, that everyone deserves "good" working conditions, etc etc. But the economic reality is that the wage level that maximizes (not only local economic, but also humanitarian) gains from hiring foreign labor is lower than the level that is acceptable to locals - if you force the wage for low-skill foreigners up to the same level as locals, then you end up hiring much fewer of them, and so even the total humanitarian benefit you bring to low-income foreigners by giving them more economic opportunity is lower. So how do we solve this? Well, we invent the "illegal immigrant" category, and so the moral baseline becomes "well technically you don't even have the right to be here, and so really, anything you get here counts as an extra bonus". This is the moral self-arbitrage. The problem is that wealthy countries by default are exactly in the position of the space colony from the movie Elysium: they're gated communities for the global rich, where everyone outside is a second-class citizen on a global scale. So if we say "we refuse to exploit foreign labor, they can all stay outside", we're not actually being moral. Hence, to me the principled solution seems to be, to be more willing as a society to say "you're welcome in the land and you can work, but you're not part of the family", and to create visa categories that reflect this fact. Paths to become part of the family should continue to exist, but it's okay for those paths to be much more difficult than paths to simply come in and work. This is a model that already works well in many places in the non-West. And today, I find many non-Western countries increasingly opening themselves up to foreigners, while Western countries close down, add more ESTA and visa bureaucracy, border guards become more annoying and insufferable, etc. The grand sacrifice: take less seriously the idea that "once you're within the walls, everyone is part of the family and is equal". This mentality was more sustainable in the 20th century, when people's identities were mostly bound up with a single country and most people did not even see anything outside their home country, but it is incompatible with the 21st, where information is global and our identities are plural. Unless we can achieve equality across the whole world, saying "within our home we are equal, outside our home go away" is ultimately a larp morality, and we should move on to something better. This *should* be a major task of the next generation of compassion-driven political philosophers. If we do this, it opens the door to greater openness to the outside world, which will ultimately be a human rights boon to everyone by giving people much-needed second options. (special thanks to @ameensol for pushing me to be more brave even though I predict he will disagree with ~1/3 of the above)
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David Hoffman
David Hoffman@TrustlessState·
Because too many people are fearful of being called 'Islamophobic' Remember: Islam is not a race - it's an idea In the West, we freely critique other people's ideas. It's a fundamental part of a free and well-functioning society.
David Vance@DavidVance

Why is the world silent?

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Klemem 🔮🇪🇺
Klemem 🔮🇪🇺@Klemem5·
We get the currency, they get the gold. We get cancer, they get the cure.
Peter Girnus 🦅@gothburz

I'm a Reserve Manager at a central bank. My job is buying gold. 297 tons this year. Quietly. While we print money. Loudly. Gold hit $5,000 an ounce yesterday. We've been buying since it was $1,800. That's called "reserve diversification." Diversification means we don't trust our own currency. But we can't say that. So we say "diversification." The Governor went on television last month. He said inflation is "anchored." Anchored means 6%. Used to mean 2%. We moved the anchor. That's monetary policy. He said the currency is "sound." Sound means losing 20% of its value. Per year. But it sounds sound. That's what matters. We bought 45 tons in November. Poland bought 95 tons. Brazil bought 43. China reports 1 ton. China is lying. We all know. Nobody says it. 95% of central banks plan to buy more gold next year. That's a survey. We surveyed ourselves. On whether we trust ourselves. We don't. We trust gold. Citizens ask why prices keep rising. We say "supply chains." We say "external factors." We don't say "we printed 40% of all money in existence since 2020." That's not external. That's us. The Finance Minister asked if gold is a hedge against our own policies. I said "gold is a strategic reserve asset." Strategic means yes. I just can't say yes. Gold is $5,000 now. Our currency buys less every day. Our gold buys more. That's the strategy. For us. Not for you. You get the currency. We get the gold. That's central banking.

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Crypto Wolf 🐺
Crypto Wolf 🐺@cryptowolf_ofc·
Want alpha? Crypto doesn’t have a shortage of tools — it has a shortage of clarity, trust, and real-world execution at the edges. That’s where projects like @zauthx402, @pumpadfun, and @morphwareai stand out, each solving a hard problem that most of the ecosystem avoids. @zauthx402 is tackling one of crypto’s most fundamental challenges: verifiable trust without centralized control. 🤖 🖥️ 🤝 As wallets, agents, and autonomous systems act on-chain, identity is no longer about usernames or keys — it’s about proving intent, authority, and authenticity at machine speed. Zauthx402 operates at the trust layer, enabling permissions and verification that scale with automation and AI. This isn’t middleware you can copy or outsource later; it requires protocol-level thinking and deep cryptographic design, which is why almost no one else is positioned to solve it properly. $ZAUTH @pumpadfun solves a different but equally native crypto problem: coordination of attention. 💊 In an environment where liquidity follows narrative, speed matters more than polish. Pumpadfun turns participation into a primitive — lowering friction so ideas, memes, and communities can mobilize instantly. It understands that culture is infrastructure in crypto. That blend of simplicity, timing, and social awareness can’t be replicated by traditional platforms or slow-moving protocols. $PUMPAD @morphwareai focuses on the missing link between crypto and real economic output: decentralized compute with measurable value. ⚡️ Most AI and cloud infrastructure today is centralized, opaque, and extractive. Morphwareai rethinks compute as an on-chain, verifiable resource — aligning incentives between hardware providers, AI workloads, and tokenized economics. It’s not speculative abstraction; it’s about turning unused or mispriced compute into productive capacity, something only blockchain-native coordination can unlock. What ties these together isn’t overlap — it’s precision. ⚡️ •Zauthx402 secures trust in a world of autonomous agents. •Pumpadfun activates culture and liquidity at internet speed. •Morphwareai anchors crypto to real, provable compute and revenue. $XMW They’re not trying to be everything. They’re solving problems that only exist because crypto exists — and doing it in ways that can’t be easily cloned. That’s where durable value actually forms. This is exactly why these are my three biggest bag. 📈 💰
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