wil

@jimmy_wales @t4t5 I find it quite ironic that you invented Wikipedia but still think safe haven stores of value are all physical

@t4t5 Maybe. But I don't think that's really likely. Hard to use, volatile, not accepted as currency anywhere. It's fine for hobbyists/enthusiasts but I think gold/silver/jewelry/real estate/fine art/etc will remain dominant as safe haven store of value.

People who think that Bitcoin is going to zero are likely mistaken. The design is robust enough that it will continue to exist in perpetuity, barring some currently unforeseen breakdown in cryptography or a surprise 51% attack (even then, a fork would carry on I would imagine). What is can do, though, is decline to a price consistent with hobbyist tinkering. Because it is a complete failure as a currency, as a store of value, etc., it isn't going to become the dominant money of the future. So I'd suggest a 2050 price target of under $10,000 in today's dollars. Possibly much lower.

@SantiagoAuFund mathematically speaking you can't, however remember money is just a medium of exchange and a unit of account, interest can always be paid back in other forms of assets.

How do you pay off the debt in a system where the money needed to do so is loaned into existence…?

@ycchian04 @Bybit_Official even if you select top advertisers with many trades done before, there's still that risk because they deal with many counterparties and you never know which flow of funds may be problematic, so best is avoid p2p altogether and just use licensed exchanges.

🚨 MY BANK ACCOUNT GOT FROZEN (SOLVED version) ‼️ALL 🇲🇾 MUST READ! 👇🏻 I never expected this to happen to me. Here's how it happened: 30th October: I created a P2P order on @Bybit_Official. The amount wasn’t big. My friends had told me to use the "Show only Eligible Ads" and "Show only Verified Advertisers" filters because it's safer (though not 100% safe—P2P always carries some risk). The verified check means the buyer has completed many P2P transactions without issues. But this time, I didn’t do that. My fault 🙏🏻. I just chose a random buyer to sell my USDT. 31st October: In the morning, I realized I couldn’t log in to my bank account. The error showed "Invalid account ID." I immediately went to the nearest bank to find out more. At the same time, I contacted my friend, who said it was highly likely that my account was frozen. I was super shocked. While the banker was checking my account, they called multiple departments. After about 30 minutes, the banker finally asked, “Do you play crypto?” They explained that my account was suspected of money laundering, and the freeze was instructed by PDRM. I was told to go to the police station, make a police report, and prove there were no cases under my name then send the report to the branch manager. The banker provide me the branch manager email, where I had created my account. I went to the police station and had to explain everything. I told them I got the money from a blockchain hackathon, but they didn’t know what blockchain was. So, I explained it’s like Bitcoin, but with a different type of token. Then they understood. 😂 After a long explanation, I got the police report (stating there are no cases under my name). I then emailed the report to the branch manager November: The manager showed me the P2P transactions in my account and asked where the money came from. I decided to be honest. I said I got it from a Hackathon, received USDT, and sold it on Bybit to someone I didn’t know. Next, the manager gave me the PDRM Inspector (IO) details and told me to contact them to get a report confirming the investigation was concluded and the account could be reopened. This was the toughest part—lots of waiting. From my survey, many people go through this, and the process can take months (some even wait half a year). But luckily, the IO handling my case was quite responsive. The IO asked me to get the case number from the bank. However, the manager initially didn’t provide any case number, saying they didn’t have one. I followed up with the IO again, who said there must be a report number if the freeze was instructed by PDRM. After one day of back-and-forth, the manager finally gave me the report number. So If your account is frozen, you might need to wait a few days to get the report number. If the bank says they don’t have one, you’ll need to keep following up every day. I provided the report number to the IO, then he explained everything. TL;DR: The P2P buyer stole money from User A’s bank account and transferred it to us (a total of 12 P2P victims). In this case, I didn’t have to pay back the amount, as the issue was between the buyer and User A. After about a month of processes, I finally received the investigation conclusion report. I sent it to the bank manager, who forwarded it to the bank HQ. The HQ reviewed all past transactions, and now my account is finally OPEN 👑. 📝A few notes for you: 1️⃣ If you want to cash out, use @LunoGlobal or other platforms regulated in 🇲🇾. If you love Bybit like me, make sure to apply filters—but remember, it’s not 100% safe. And check the buyer reviews. 2️⃣ Always deal with only 1–2 buyers. 3️⃣ Don’t sell your tokens to buyers offering abnormally high rates. 4️⃣ Use @RedotPay if you want to spend MYR normally. 5️⃣ If you got large amount of USDT, i think u already know where to cash out 😂 ‼️ TL;DR step to get back your account: 1️⃣ Make a police report about your account got frozen and no cases under your name, then send to branch manager. 2️⃣ Get a report number from Bank 3️⃣ Contact IO 4️⃣ Get concluded report. The process is tough, please be careful before you do any P2P. PLEASE HELP RETWEET, if you think is helpful to everyone 🙏🏻

@realDonaldTrump while you're at it can you switch the date format to DD/MM/YY where every single sane and sensible country on earth uses except for freaking USA, it is bloody infuriating when one can't tell whether 3/6/24 is 3rd of June or 6th of March on the bloody internet

The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation.

@kris 100k incoming

When Bitcoin hits $100,000 I will give 1 BTC to one person who follows me. The rules are simple: - like this tweet, follow me and RT - comment “100k incoming” Let’s go! $BTC #bitcoin

@edison0xyz @starigade correction: believe in something and be right. I believed in lido 😂

How did @starigade go from $10k to $1M in less than one month? He believed in something and held it all the way with conviction. Even I also can’t get him to sell his bag early. Believe in something.

@edison0xyz @starigade boss watch your mouth

From $10k to $1M on public wallet in less than one month. Congrats @starigade! We changed the challenge from $100k to $1M. Didn’t think anyone would hit it so quickly, but someone did.

@edison0xyz @mert it is, just not from your customers

@mert For real for real. I’m doing something absolutely wrong. I thought the whole point of business is to make money.

crypto founders a piece of advice if you want to maximize for valuation (to sell on secondaries) — whatever you do, you must absolutely not (and I cannot stress this enough) make revenue you must be pre-revenue if you are making money today, stop

@luckywizard_ @ftxcreditor_com hi there can't DM you, would like to know more info

@ASvanevik what good is crypto if you can't even launder money with it

Money-laundering criminals are smart enough to not use crypto. It’s too transparent - easy to get caught. Better to use banks, property, precious metals, and golf clubs.

@LunoHelp but 27th Dec 2022 isn't a public holiday in Malaysia..

[Status] Identified: The 27th December 2022 is a public holiday in Malaysia, during which banks do not process payments. This means any withdrawals from Luno that we send to the banks won’t be processed by them until 28th December 202… stspg.io/zbzdsctt2nsg?u…

always find it funny when financial advisors ask what's your investment goals, like bruh wtf obviously to make as much money as possible in the shortest amount of time possible, is there any other goal?

2022 Crypto Year in Review

@0xlaiyuen @tackettzane @LoganFranklin93 @BuyTheDip71 @SBF_FTX in the pdf doc

@tackettzane @LoganFranklin93 @BuyTheDip71 @SBF_FTX sir i dont see this sentence in the link provided

1) A huge thank you to everyone who has supported us--we're excited to keep climbing together. And especially to those who stay level headed during crazy times. We deeply appreciate it.

what is crypto bloomberg.com/thecryptostory

1/ Tokenized Real-World Assets (RWAs) is how #DeFi will scale to a global level A 🧵 covering my thoughts on the opportunities and challenges this present

@ahcastor is this insurance for the entire omnibus account or for each individual customer?

Those who do not manage their risk will have the market manage it for them

@BBhodler ser I thought we're friends

I won't shill any particular coin till my bags are filled. That's just how the game is. GN.

Bear market is really simple. Just buy stuff that won't go bust. You'll probably make it. I've been hinting the same stuff really. This is how you'll make it this bear market.

@Eunicedwong @cz_binance belanja

@cz_binance Let’s all meet and makan makan, I’ll belanjar you Chinese Malaysian cuisine!