News update. Temasek Holdings, an investment company from Singapore will reduce the compensations of the team that recommended the company to invest in FTX hehe. It clearly was a disappointment. Everyone thought that Sam would change how the cryptospace game is played with their sponsorships on sports teams, sports stars and sports stadiums. FTX was everywhere from Formula 1 to NFL and the NBA. I reckon if only Sam played by the rules and with Binance running from the regulators, FTX might have become the biggest exchange in the cryptospace by 2026. Temasek, as an investor-owner, seeks to deliver sustainable returns over the long term. While there are inherent risks whenever we invest, we believe that we have to invest in new sectors and emerging technologies to understand how these areas may impact the business and financial models of our existing portfolio, and whether they would be drivers of future value in an ever-changing world. This is why we invest into early stage companies.
With FTX, as alleged by prosecutors and as admitted by key executives at FTX and its affiliates, there was fraudulent conduct intentionally hidden from investors, including Temasek. Nevertheless, we are disappointed with the outcome of our investment, and the negative impact on our reputation.
An independent team has conducted an internal review of the investment and the findings were directly presented to the Board Risk & Sustainability Committee and to our Board. Although there was no misconduct by the investment team in reaching their investment recommendation, the investment team and senior management, who are ultimately responsible for investment decisions made, took collective accountability and had their compensation reduced.Source https://www.temasek.com.sg/en/news-and-resources/news-room/statements/2023/our-chairman-statement-on-ftx-internal-review |
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@Poker Player. Similar to the skepticism of the people who replied in the thread, I reckon that they are also correct in thinking that his motivation might be more about what he can get instead of what he can give. This characteristic is very common among politicians because they play a game of survivability. This is also why there is no such thing as a honest, idealistic politician because they will be defeated by the crafty, practical politicians.
However, I might be wrong. Let us wish that he is honest in his support for individual freedom, rights and also support bitcoin to be one of the instruments for this, very much similar to Nayib Bukele's support.
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@aioc. Hehe agreed. Also make it 7 votes including me.
In any case, on Bivol vs. Beterbiev, it appears that it is Beterbiev who is avoiding a chance for a unification of all the championships in their division. Bivol wants a challenge. There were some articles that mentioned Bivol wants to go down to super middleweight to fight Canelo for all his titles. A challenge which was certainly evaded by the Mexican hehehehe.
What you said is quite debatable mate because I doubt that Beterbiev's supporters will just stay down and be quiet especially for this one because you did said that he was the one who was avoiding in making the unification fight happen. But I come in peace  just kidding. That said, I'm both supporters of Bivol and Beterbiev, and I surely want to witness a unification fight between the both of them but unfortunately, that just cannot happen for now because the sanctioning bodies is not inclined in making it a reality because of Bivol's situation. Dmitry Bivol Will Be Blocked From Undisputed Fight Against Artur Beterbiev.
Dmitry Bivol's dream of becoming undisputed light heavyweight champion of the world will be blocked by the WBC due to his status as a Russian national. - Written by Kerr Ferguson. SourceAnd that is also the reason why Callum Smith was selected to fight Artur Beterbiev in the meantime. Hehe I am always first to admit if I am wrong. Thank you for this information. This has been rumored since 2022 when Bivol was chasing Beterbiev for a fight. However, everyone did not take the rumor much seriously and it was probably what started another rumor. Beterbiev is avoiding Bivol hehehehee. In any case, it appears what prevents Bivol vs. Beterbiev is again politics. Similar to why much of the superfights are also not organized or takes too long to be organized. |
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Updated post count: 10660 Thank you. |
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In any case, other trades are Jimmy Garopollo was traded to the Las Vegas Raiders, this might be a good improvement from Derek Carr.
Might be. On the other hand, he may be a bit distracted. https://i.imgur.com/MiIus6i.pngJimmy G's lifetime membership on a Las Vegas strip joint will certainly become very useful during those times of boredom for his next season hehe. He failed a physical exam and it was mentioned that his foot injury is more serious than what the Raiders previously reported. I am shaking my head, I was very excited for his trade in Las Vegas. Also, this news. The return of the goat? While Brady is no longer an NFL player, he is still going to be around the league. He purchased a minority stake of the Las Vegas Raiders organization earlier this month, pending confirmation from the rest of the league’s owners.
This along with increased concerns about Raiders quarterback Jimmy Garoppolo and his foot injury has created speculation about Brady potentially stepping back into the NFL to be the Raiders quarterback if needed.Source https://thecomeback.com/nfl/sportsbook-posts-odds-tom-brady-raiders-starter.html |
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@aioc. Hehe agreed. Also make it 7 votes including me.
In any case, on Bivol vs. Beterbiev, it appears that it is Beterbiev who is avoiding a chance for a unification of all the championships in their division. Bivol wants a challenge. There were some articles that mentioned Bivol wants to go down to super middleweight to fight Canelo for all his titles. A challenge which was certainly evaded by the Mexican hehehehe.
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@Bitcoin_Arena. According to some people in social media, it is only Tornado Cash Nova's pools which was deployed in Gnosis chain are at risk. The funds in the original Tornado Cash pools in Ethereum mainchain are safe.
I am also as confused as you hehehe. I am not quite sure how many Tornado Cash mixers are deployed in different chains and why type of governance structure each one has. It appears that one deployment is independent from the other deployments.
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Did Desantis invest in bitcoin...
Yes he did. 8 Facts About Ron DeSantis Including Investments In Bitcoin, EthereumAnother who also invests in Bitcoin is Ted Cruz who I recently heard explaining that every Monday he buys Bitcoin, the same amount, which for those who don't know is following the strategy known as dollar cost averaging. In any case, going back to DeSantis, it is clear that he knows what he is talking about and that is why he has Bitcoin. What I fear is that between his stance on this, and his stance vs the Fed, if he were to get to the white house I think he would be in danger of a JFK-like event. This implies that a bitcoiner president in America or in other countries besides El Salvador will be inevitable. Also, what is their motivation for this? I reckon it is very much similar to our own interests on bitcoin. Pump to make our investment higher and to witness bitcoin adoption to grow more because both of these go very much closely together. We might have only seen the beginning of extraordinarily crazy in the cryptospace hehehe. |
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@pawel7777. If Elon is hyping, he is dumping. If Elon is warning not to buy, he will be buying. We have witnessed his shilling tactics on dogecoin already hehehehe. We are presently seeing his fear tactics. My prediction, within 1 year Elon will make an announcement that one of his companies has bought bitcoin to hold for the treasury.
Do you really think, Elon Musk need to use "fear" tactics to influence the market? The guy have been the richest person in the world on several occasions and his Bitcoin ownership, according to him.... is very small.  Yes, he joked around with Shiba and Dogecoin a few years ago, but he got into trouble for that... so I doubt that he will try and do that again. I think the US sentiment towards Crypto currencies are negative at the moment, because strict regulation is on the horizon and Elon Musk have seen that. He does not need to do it, however, being the troll he loves to do it and we might have just witnessed it as mentioned in the news article hehehehe. In any case, I am not arguing. I am saying that we should be skeptical when it comes to Elon because he has become very much untrustworthy similar to Jim Cramer hehehehe. |
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@joniboini. I reckon the reason that those type of activities occur under a strictly regulated jurisdiction is because they need to move large amounts of money and to take part in what has become illegal activites. However, yes I agree that small minnows might not be the regulators of Pakistan's predominant targets. But they might do it in the beginning for media purposes and fear tactics hehe.
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I admire everyone's skepticism in your replies. They remind me much of my own skepticism hehehe. However, you all are right to always be careful to avoid being tricked by a different type of criminal hehehehe. The tricks they do, you always speculate what their real agenda is. I reckon it always has a connection with business and profit. Did Desantis invest in bitcoin, is his largest donors a crypto founder similar to Sam Bankrupt Fried, does he have a roadmap on how to control and strictly regulate the cryptospace? We can only speculate hehe.
@everyone. Probitcoin or antibitcoin president, the skeptical you thinks it will not be good for bitcoin?
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@pawel7777. If Elon is hyping, he is dumping. If Elon is warning not to buy, he will be buying. We have witnessed his shilling tactics on dogecoin already hehehehe. We are presently seeing his fear tactics. My prediction, within 1 year Elon will make an announcement that one of his companies has bought bitcoin to hold for the treasury.
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The debt ceiling will be raised, everything that is being speculated about this not being raised is only fud. However, if Jim Cramer whispers that he is quite certain that it will be raised, I think we should dump everything hehehehhe.
At times like this one should appreciate bitcoin with its capped supply...  Also, this preoccupation over the capped supply like this is the solution for a country's economic problem might be a mistake. It might also be naive because it is difficult to create and maintain a growing economy without increasing the money supply in occurrences where the economy is expanding. In any case, I reckon limited supply is good if the objective is to make a store of value, however, it would be difficult for something like this to become the foundation of a monetary system. |
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@joniboini. It might be harder on adoption, however, for those who really want or need to use it will certainly find a way to have some of it. In China I read articles that people from Hong Kong sell hardware wallets with stablecoins to the people from the mainland. The Chinese inside the mainland use VPNs and other privacy tools and trade their illegaly bought stablecoins through DeFi and decentralized exchanges.
It is very much underestimated that many people want to have any type of participation in the cryptospace hehehe.
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@Bitcoin_Arena. It might be, however, where will the attackers mix and launder their stolen coins if they kill Tornado Cash hehehe.
In any case, it might be time to create and develop a better onchain mixer where the developers are anonymous. After the imprisonment of Tornado Cash's developer and the US sanctions, the mixer might have become like a burden to use.
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After the launch of Elizabeth Warren's anticrypto army campaign, I am quite certain bitcoiners and everyone else who are supporters of the cryptospace will certainly like to witness Ron Desantis become the next president of the United States. If you are an eligible voter in America, you know the candidate to vote for hehehehe. Robert Kennedy Jr. is also another presidential candidate who expressed his support for bitcoin. It appears that there is a good chance for America to have a probitcoiner president!  Florida Governor Ron DeSantis, who launched his presidential campaign in a Twitter Spaces event with Elon Musk on Wednesday evening, said he'd protect bitcoin if he's elected next year.
"I think people should be able to do bitcoin," DeSantis said as 300,000 listeners tuned in. "As president, we'll protect the ability to do things like bitcoin."
DeSantis, who earlier this month moved to prohibit any kind of a central bank digital currency in the state, said that bitcoin represented a threat to "central planners" that want "control over society." He said any kind of regulation over cryptocurrencies should ultimately be up to Congress, and that he'd oppose any kind of a ban should one ever emerge.Read in full https://www.theblock.co/post/232135/desantis-promises-to-protect-bitcoin-in-presidential-campaign-launch-event |
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Saying that Bitcoin will not be legal does not mean that Bitcoin is illegal or prohibited, and therefore the ordinary user will be a beneficiary, since he does not pay taxes on it and that there are no penalties for it.
If you read further into the article shared by OP, I think their stance on crypto is quite clear (if the report is accurate). They really want people to stop buying/trading crypto by banning their bank accounts if they ever use it to deposit on exchanges and make trades. Not sure how they will try to stop P2P though. Maybe they will try to ban P2P websites but offline trading or trading via other platforms like this forum might still work. I am beginning to speculate that the reason why the govenment of Pakistan wants to impose a strict ban on the cryptospace is because their financial system is highly used by some groups for terrorist financing. I reckon maybe one of the highest in the whole of Asia and they do not want to complicate this by having the cryptospace enter this. However, they have a bigger problem. It will be very hard for the government to enforce any type ban outside of on and off ramps. People can trade very much similarly like they do in China. |
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Jim Cramer has again spoken bullishly.  CNBC’s Jim Cramer said on Monday that Wall Street isn’t responding to debt ceiling stress in the way you might think — in fact, many buyers seem unbothered as chaos reigns in Washington.
“Is it possible the whole debt ceiling standoff is meaningless?” Cramer asked, calling Monday’s market resilience bizarre. “That’s certainly what the market’s saying.”Source https://www.cnbc.com/2023/05/22/market-action-shows-that-wall-street-isnt-worried-about-the-debt-ceiling-cramer-says.htmlThis article was published on May 22. How have we not seen this hehehehe. It was another warning sign that market will begin dumping. |
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News update. This is very good news coming from Hong Kong! This is not only a speculation anymore! This will certainly pump bitcoin and altcoins before this year will end. There might also be projects that will be speculated as the Chinese Ethereum. It was argued that it is Neo but I disagree. The real Chinese Ethereum will be whitelisted by the government of China. Wait for this.  Hong Kong will allow retail trading of cryptocurrencies as early as the latter half of this year, the Securities and Futures Commission announced on Tuesday, adding that it will accept applications from exchanges to offer such services from June 1.
The move comes as Hong Kong pushes to become a hub of the crypto industry even as other jurisdictions remain cautious following the collapse of cryptocurrency exchange FTX late last year.Source https://asia.nikkei.com/Spotlight/Cryptocurrencies/Hong-Kong-greenlights-retail-trading-of-cryptocurrency |
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