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PrivatePyle
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PrivatePyle
@DomonicPyle
#Bitcoin #Cardano $SNEK #ClayNation 2X horseshoe champion, FFB Champion, Professional Chiefs Fan/Adviser…. NOT A FINANCIAL ADVISOR- but I could be……..
Smithville, MO เข้าร่วม Şubat 2012
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PrivatePyle รีทวีตแล้ว

LIVE NOW - Michael Salor’s Master Plan: "Fix the Money, Fix the World."
Bitcoin to $21M. Strategy as a digital credit machine. An “8% bank account” for a billion people.
Michael @saylor joins Bankless for the first time to unpack:
- Bitcoin becomes digital capital
- Strategy’s Bitcoin credit machine
- Quantum without panic
- A new view on Ethereum
- The “fix the money” thesis
Enjoy the episode!
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TIMESTAMPS
0:00 Intro
1:00 Michael Saylor’s $21M Bitcoin thesis
4:33 What has to go right for Bitcoin to get there
11:00 Has Bitcoin adoption stalled out?
13:20 Why STRC became Strategy’s breakout product
18:05 The pitch behind a Bitcoin-backed money market
21:13 How STRC is engineered to stay stable
27:31 Where the 11.5% yield comes from
36:35 Is Strategy taking too much risk?
46:50 Does Strategy ever stop buying Bitcoin?
58:48 Quantum, panic, and the Bitcoin response
1:16:18 Michael Saylor on Ethereum today
1:25:46 “Fix the money, fix the world”
1:38:39 The crypto reactor and Strategy’s endgame
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PrivatePyle รีทวีตแล้ว

justin sun vs wlfi
the original token deployed sep 2024 had no blacklist and no seizure, but it was upgradable. the blacklist was added in v2 on aug 24, 2025. 11 months after sun invested and one week before trading opened. on nov 19, 2025, another upgrade added batch reallocation, essentially seizing, justified with saving phished funds.
whatever the paper contract said, the code for vesting contract supports cliff dates, linear schedules, and up to 8 segments per category. wlfi used none of these to restrict sun. they chose 20% instant lump-sum unlock, then punished him for using a fraction of it. the remaining 80% has no vesting schedule at all, 7+ months later, claimable() returns 0.
the vesting contract has per-category schedules to enforce token lockups. what's interesting is wlfi has carved out a special category 3 specifically for justin sun, he's the only user in it. the other 519 investors are in category 1.
14 minutes before sun activated his wallet, wlfi's own 3-of-5 multisig configured category 3 to release 20% of his 3b allocation as freely transferable tokens at trading start.
over the next 3 days sun transferred out 55m. a single guardian eoa (also on multisig) blacklisted him. that address is also the sole owner of a second guardian safe with threshold 1. so one person can freeze anyone, while seizing requires 3-of-5.
meanwhile, the same multisig is using 5b wlfi as collateral on dolomite to borrow $250m in stablecoins. they represent 98% of all wlfi on dolomite and 86% of the protocol's entire borrow volume. two safes with the same five signers, running a usd1/usdc loop that recycles borrowed usd1 as collateral to borrow usdc and feed it back.
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PrivatePyle รีทวีตแล้ว

receipts, in case anyone wants to look into it further
gist.github.com/banteg/8ca7c13…
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PrivatePyle รีทวีตแล้ว
PrivatePyle รีทวีตแล้ว

@DomonicPyle @cryptofergani damn right Private Pyle,
a pyle of god damn sats!
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PrivatePyle รีทวีตแล้ว














