Chris P Bacon 🥓

17.6K posts

Chris P Bacon 🥓

Chris P Bacon 🥓

@cdu424

News junky, free thinker, politically homeless. Freedom and liberty for all.

Florida Katılım Kasım 2016
3.1K Takip Edilen2.7K Takipçiler
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Kayleigh McEnany
Kayleigh McEnany@kayleighmcenany·
🚨 As you pay your taxes this week, LOOK at what the fraudsters allegedly did with your money❗️ 🔹Cosmetic procedures 🔹Breast implants 🔹Tweaks to arms and thighs 🔹Tummy tuck 🔹Purebred dogs 🔹Flights to Hawaii 🔹Flights to Disneyland 🔹Multimillion-dollar home 🔹Range Rover 🔹Private school tuition 🔹Private jet 🔹Luxury resort stays 🔹Vacation property in Greece 🔹Extravagant parties 🔹Beverly Hills mansion 🔹High-end jewelry, handbags 🔹Tickets to Coachella 🔹Chanel bag 🔹Birthday blowout in Mexico Reporting via @californiapost as shown on @SatAmericaFNC @FoxNews ⬇️
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azure 🇺🇸
azure 🇺🇸@azury1455181·
Lately I can’t even name what excites me. Feels like I’m surviving, not living. 😬 Are you living or just surviving?
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James Woods
James Woods@RealJamesWoods·
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Dr. Dawn Michael
Dr. Dawn Michael@DawnsMission·
@elonmusk Do they have allowed the woke disturbed mentality to take over.
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Luke Knight_SHA256
Luke Knight_SHA256@LukeKni40895721·
@cdu424 @KingKong9888 @maneco1964 Point is you don't need permission to create crypto addresses. Its true traceability is currently an issue but with time things will improve eg with federated systems (eg Liquid Bitcoin), statechains, coinjoins, wrapped BTC, etc. At sufficient scale the gov is overwhelmed.
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Eric Yeung 👍🚀🌕
Eric Yeung 👍🚀🌕@KingKong9888·
🚨Why it doesn’t make complete sense for Iran to rely on crypto & Bitcoin as sanctions-proof payment — and why their USD, euros & ally currencies can still be frozen at the snap of U.S. fingers: Thread 🧵 While Iran heavily uses Bitcoin (mining to export energy, USDT for deals, local exchanges doing billions), crypto is no magic shield. It gives some breathing room for evasion, but falls short in practice. ⭕️Reason 1: Blockchain is public.
Every Bitcoin & major stablecoin transaction is traceable forever. U.S. Treasury + firms like Chainalysis routinely track Iranian-linked wallets and sanction them. Once OFAC designates a wallet or exchange, compliant platforms worldwide block it. ⭕️Reason 2: U.S. targets the on-ramps & off-ramps.
Even crypto exchanges get hit with secondary sanctions. Recent examples include U.S. actions against platforms processing Iranian flows. Converting crypto into real goods/services still often requires intermediaries that can be disrupted. ⭕️Reason 3: Volatility & scale problems. 
Bitcoin’s wild price swings make it risky for large oil deals or imports. Stablecoins reduce that but are even easier for the U.S. to pressure. Crypto simply lacks the deep liquidity and reliability Iran needs for its full economy. 🎯Bottom line on crypto:
It creates friction and delays for sanctions enforcers, but it doesn’t create a parallel system immune to U.S. pressure. Iran uses it out of necessity — (when they need some cryptos for purchasing blackmarket items) not because it’s foolproof. 🔶Now, traditional fiat (USD, euros, yen, etc.): 
These are far more vulnerable because global finance runs on U.S.-controlled plumbing. ⭕️USD can be frozen/confiscated 
Most dollar transactions (even abroad) clear through U.S. banks or the Fed. Under U.S. law, once Iran or its entities are sanctioned, banks worldwide must freeze those assets — or risk being cut off entirely from the U.S. financial system (secondary sanctions). That threat is existential for almost every major bank. ⭕️Even euros & other U.S. ally currencies aren’t safe. 
European and Asian banks often freeze or escrow Iranian funds anyway, terrified of losing access to dollars or facing massive fines. We’ve seen billions in Iranian oil money stuck in foreign banks for years. 🎯In short: 
The U.S. doesn’t need to physically seize money overseas. It controls the pipes of global finance and uses access vs. exclusion to enforce its will extraterritorially. Crypto offers partial decoupling, but introduces new traceable weaknesses that Washington is already exploiting. Neither is risk-free. That’s why Iran primarily deals in Chinese RMB Yuan. #Gold #Silver
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Chris P Bacon 🥓
@LukeKni40895721 @KingKong9888 @maneco1964 And my point is that you can layer as many intermediaries as you want between crypto senders and receivers, and all roads lead back to a regulated and supervised bank, and still trackable, traceable, and taxable.
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Luke Knight_SHA256
Luke Knight_SHA256@LukeKni40895721·
@cdu424 @KingKong9888 @maneco1964 The point is you can break links between bank purchase and destination by sending over the lightning network (layer 2, private transaction). Also you can upload BTC to those apps that you purchased privately elsewhere then use for payments so it wasn't purchased via their banks.
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Luke Knight_SHA256
Luke Knight_SHA256@LukeKni40895721·
@cdu424 @KingKong9888 @maneco1964 Payment apps like Strike and Cash app already allow crypto payments. But yes gov could add friction on local businesses accepting crypto (eg cap max payment) but can't stop transactions to businesses in foreign jurisdictions that accept them or transactions between individuals.
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Luke Knight_SHA256
Luke Knight_SHA256@LukeKni40895721·
@cdu424 @KingKong9888 @maneco1964 Its still early days but once widely enough adopted there would be no need to off ramp as you just stay and trade in that crypto economy. On ramps don't require centralised exchanges; I send a friend some fiat, they give me some crypto - the bank doesn't know anything about that.
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Chris P Bacon 🥓
@NorthstarCharts Once a miner matures to be part of a major mining index, the most profitable phases of the Lassonde curve usually have passed.
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Northstar
Northstar@NorthstarCharts·
GOLD MINERS: Nobody wants to tell you this 👇
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Liz Churchill
Liz Churchill@liz_churchill10·
FLORIDA JUST WENT FULL ENGLISH ONLY Driver’s license exams will be in ENGLISH ONLY. Florida is the first state to ax the multilingual madness. NO MORE handing out licenses to invaders who can’t read a single road sign. ASSIMILATE OR GET OUT
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Markets & Mayhem
Markets & Mayhem@Mayhem4Markets·
We don't really have a market anymore. Now it's pure headline-driven volatility. Where the headlines are known in advance by a select group of insiders. And everyone else either gets lucky or gets their stops run if they're trading this tape. What a crazy time to be alive!
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Chris P Bacon 🥓
While nobody's looking: Hormel Foods $HRL Producer of protein focused shelf stable foods Selling at 13 year lows ~5.3% annual dividend paid quarterly Unrecognized earnings recovery Value shopper favorite brands
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Independents For Trump
Independents For Trump@indyfor45th47th·
🚨 BOMBSHELL: KISS cofounder Gene Simmons goes nuclear on Hollywood celebrities like Ben Stiller and Mark Ruffalo by stating, "People work hard for a living, and they don’t want to be lectured by people who live in mansions and drive Rolls-Royces. It’s time to shut the fuk up."
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