jimmy2themoon

PSA: Sell all your crypto. This is the top. Thank me later. Don't fall for the short rallies. The crypto winter is coming.

Also, who would you most want to see on the pod from the Palestinian side of this tragic conflict? I’m motivated to understand all sides of this conflict, learn, and, to a very modest extent, be part of discussions that help increase understanding and empathy. We are just a podcast where we try to understand the world a little bit more each week and discuss complex topics IN GOOD FAITH. That last part is so important and missing from the current media landscape, we can all agree. Love you besties ❤️❤️❤️

@Jason @Jason @ComicDaveSmith or @Byoussef

@jakeshieldsajj @jakw possibly bcuz livestock could be used for food. IDF wants to starve the Palestinians by eliminating any source of food.

Israeli snipers shot and killed Palestinian livestock There is no good justification for this because it's unlikely that the animals are members of Hamas

@paulg Thank you @paulg

Gideon Levy in Haaretz: "How can people of conscience around the world remain silent over such a mass killing of children?"

Fucking lunatics.

@RepThomasMassie 🤣🤣

@LevGrothEul @JohnReedStark She signed the deal! The perspective was not from Sam. It came out during legal disclosure from their lawyers sifting through all the documents...

Ronaldo Hit With $1B Class Action For His Binance Shilling. It’s Time For Celebs, Pro Athletes, Etc. To Be Like Taylor Swift – And Just Say No To Crypto Yesterday, Ronaldo joined the ranks of Kim Kardashian, Floyd Mayweather, musical artists DJ Khaled and Clifford Harris, Jr., (known as T.I.), martial arts expert and actor Steven Seagal and even famed technologist John McAfee – all of whom have gotten caught up in litigation for becoming crypto promoters. linkedin.com/pulse/hidden-t… Three men have filed a $1 billion proposed class action against soccer player Cristiano Ronaldo in Florida federal court that accuses Ronaldo of helping lure customers to Binance, an alleged global criminal enterprise, who has recently admitted, and pled guilty to, a litany of comprehensive U.S. criminal charges. johnreedstark.com/wp-content/upl… Per the new complaint against Ronaldo, powerful influencers, including Ronaldo, promoted and hyped Binance on social media and through traditional advertising, playing a big role in its growing popularity and success. Ronaldo’s Binance Problem The stark reality is that any celebrity who promotes crypto, NFTs, digital exchanges and other similar Web3 nonsense may be flouting federal securities laws. Shilling NFTs, crypto-trading platforms and other dangerous Web3 variants is a material threat to investors. The same principles of 17(b) of the Securities Act of 1933, the SEC's anti-touting statutory weapon, should apply to other digital assets and trading platforms and the principles of fraud always will always apply to any conduct anywhere. Like most crypto platforms, Binance’s operations benefited mostly criminals seeking to shelter and hide their profits from ransomware attacks, drug dealing, terrorism, human trafficking, money laundering, and a slew of other financial crimes. Crypto, enabled by firms like Binance, also reduce the efficacy of U.S. sanctions, facilitating transfers of funds outside financial systems. Moreover, the NFT marketplace seems wholly rigged. Market manipulation of NFTs appears not only rampant and tolerated but also encouraged. Fraud is not only rewarded but also taught. The cybersecurity risks alone render NFT markets a perilous choice for any sort of investment. Finally, decentralized finance’s risky leverage and liquidity mismatches, built-in interconnectedness, lack of shock-absorbing capacity, and poorly understood infrastructures all undermine financial stability, creating systemic and bank run risk while exacerbating issues of procyclicality and destabilization. While the use of stablecoins enables those seeking to sidestep traditional banking and financial systems – anti-money-laundering requirements, tax compliance, sanctions obedience and the like – and could independently trigger a financial crisis even worse than 2008. Big Crypto’s Big Lie As I wrote just about a year ago in a New York Times op-ed article, what really stings is that the exploited victims of crypto are too often those who cannot afford to lose what they have invested. That’s in part because promoters argued that crypto is a revolutionary equalizer for the unbanked. nytimes.com/2022/12/17/opi… Crypto is actually the opposite and just another example of what scholars have called “predatory inclusion” — in other words, disadvantaged and disaffected communities get access under the auspices of inclusion, but that access can make their situations worse. brookings.edu/articles/debun…; washingtonpost.com/business/2023/… Last year, a University of Chicago study found that 44 percent of Americans who owned and were trading crypto were people of color. To make matters worse, a J.P. Morgan Chase study released this month found that people with lower incomes very likely made their crypto purchases when prices were elevated when compared to higher earners and have therefore suffered disproportionately. linkedin.com/pulse/fraudule… And just as payday lender storefronts are often concentrated in Black or Hispanic communities, the same seems to be happening with crypto kiosks (which are also notorious for charging fees that can range from 7 percent to 20 percent per transaction). linkedin.com/pulse/crypto-k… When crypto firms like FTX, Voyager, Celsius, BlockFi and so many others go bankrupt, their customers too often find themselves designated as unsecured creditors, last in line for restitution, with little chance of any recovery. And when class action lawyers, financial regulators and even prosecutors conduct the archaeological dig to figure out who is responsible, fame will not provide anyone with a “get out of jail free” card. Looking Ahead Having spent the entirety of my professional life interacting with victims of cyber-crimes and securities frauds, I can appreciate that it's not always easy to rebuff: -- The relentless social media crypto-hype and bluster of FOMO and diamond hands pitched by an endless parade of celebrities and pro athletes; -- The extraordinary breadth, precision and allure of false promises of a transformative get-rich-quick technological revolution; -- The exponentially growing cadre of crypto-victims who become crypto-victimizers; and -- The sinister legion of slick, professional crypto-charlatans and blockchain con-artists. Because the cult of crypto turns victims into victimizers, vulnerable and desperate investors stand little chance against the relentless barrage of crypto chicanery, fraud and hocus-pocus. P.T. Barnum was spot-on when he declared that there's a sucker born every minute. This is why, From tulips to tokens, Ponzi schemes like crypto have thrived for centuries. My take: Celebrities, pro athletes and other influencers should stop enabling the crypto-hustle, and start doing something to stop it -- beginning with just saying: "No."

@iamtomnash Hey @iamtomnash Did you look into how this kid was radicalized? Any history of his family members being murdered by the IDF? Anyone of them in prisons without trial or charges? Was this house demolished or stolen by the settlers? Did he have any other way to seek justice?

Meet Ammar Abu Al-Wafa. Tonight he opened fire on IDF forces in the West Bank. He was shot and killed immediately. The international media will tell you that the bad Israelis killed a 15 year old kid tonight. Don’t be fooled.

@medeabenjamin Very Courageous!

There were some really nasty, hateful people at the pro-Israel rally. Check it out.

Please listen to this. It's the voice of empathy and humanitarianism speaking. And tell me if you think it's remotely plausible to accuse her of being a self-hating Jew or an anti-Semite or a crypto-Hamas supporter. This interview alone reveals the bankruptcy of those smears:

@ggreenwald @Acosta 🤣🤣🤣

Thank you, Jim @Acosta, for generously reminding the Nation of the 5-year anniversary of this profoundly important moment in American history. You, Sir, are a true journalist who paid a severe price for trying to tell the truth in America. A man of risk and conviction.

@paulg Thank you

"Analysis of the fatalities data in the current war ... suggests that the MoH is a reputable source of information for total fatality numbers and its most recent estimate that over 8,000 Gazans have been killed so far should be viewed as credible." aoav.org.uk/2023/are-the-g…

@jacksonhinklle Wow.

@jakeshieldsajj @SleepyLionz Jake. Thank you for sharing so we know what's going on. @jakeshieldsajj

30 days in and things are only getting worse

@paulg Loss for humanity. Thanks for highlighting the deaths on both sides.

A grim month: 31 Israeli and at least 3600 Palestinian children have been killed since October 7.

@AOC Starlink will support connectivity to internationally recognized aid organizations in Gaza. [ComStar]

@DavidSacks Insightful. Completely agree.

Hamas’ surprise attack on Israel is an atrocity that has justifiably been compared to 9-11. By deliberately targeting and rounding up civilians for rape, kidnapping and murder, including at a music festival (where there is no conceivable military target), Hamas has put itself in the Al Qaeda category. Israel is within its rights to dismantle and destroy the organization. That said, one of the purposes of a terrorist outrage is to provoke an escalatory response that ultimately backfires. After 9-11, the U.S. plunged into two decades of wars in the Middle East that cost untold blood and treasure, unleashed staggering murder and mayhem, changed the geopolitical map in unfavorable ways for the U.S., and squandered the sympathy of the world. Bin Laden must be smiling in Hell. Now many of the same U.S. figures who miscalculated so badly after 9-11 are screeching for Israel to “finish them” or braying for a larger war with Iran. This is exactly the wrong advice. Our leaders should be encouraging a cool-headed response that finds the right balance between achieving a just and legitimate military objective, minimizing civilian casualties, and avoiding the risk of a wider war. Let us hope and pray that the Israeli government finds that balance.

WHO DID THIS?! 🤣🤣🤣 I'm in tears!!

One of my favorite investing videos out there! Seth Klarman rarely does interviews, fortunately, he did this one. It's only ten minutes. Watch it before you go to bed tonight. It's worth it: