He doesn't own those coins, Microstrategy does, and Saylor has only 16% shares of MicroStrategy!
Back to the drawing table!


If the monetary system collapses then there are two possibilities
- 10 million dollars will buy you a lollipop
- nearly all the wealth in the world will be destroyed, making it impossible for BTC to have a market cap of 210 trillion.

You can't have the cake, eat it, and also throw it in somebody's face at the same time!  
So let's stick to the scenario where Bitcoin is reaching 1 million without any apocalypse!

Interesting that here no-one mentioned the top reason Reddit users did
- 10 years in jail ? 

Either way, even if it's about regaining aces or regaining freedom for sure it's not about the price!
If he wanted money he would have cashed out way earlier, in 2027 when the was just a bit lower and not even mentioning when it hit $60k, besides, after one hop the coins haven't moved so definitely not moved to an exchange.

Anyhow, the really interesting part is that he's not moving random sums priced in $ or rounded BTC values, he's moving entire inputs and breaking them into ~90 BTC. Wonder if he plans on mixing them.

They don't even call it WBTC (which is on ETH) or anything else, but straight BTC!
And they have two of them!

@OP
Since Binance is charging more for a segwit transaction and a higher minimum you can pretty much guess how many pigs will fly till they add LN!!!
But CZ will post some bs on Twitter, some #safu thing and most will forget he's actually one of Bitcoin's biggest enemies.

Problem:

Solution:



Seems like way too many are concerned more about the price and the gain in $ than realizing Bitcoin will work as intended by Satoshi even at $100 or $100k.
I remember Bitcoin being called "A Peer-to-Peer Electronic Cash System" not a quadruple your money every cycle earning scheme.

It was the arrest of Sonny Meraban who ran Bitcoin of America that caused that decline, not General Bytes who came back online shortly after
https://www.cbsnews.com/chicago/news/ohio-cryptocurrency-charges/

Bitcoin of America had over two thousand ATMs and they are all gone, forever!
General Bytes actually added a few more ATMs by the end of the month.

Somebody else said the same about the monkey price, but I mention, this is the price Google gives me for a healthy pet monkey of the same genus.
Probably a wild animal just traped and sent in a cage to a foreign country would maybe be 500-1000 at most including the costs but I have like zero clues about monkey prices, monkey farming, and monkey trading!


Both the 28 and the 1000 numbers are somewhat correct.
There are only 28 zoos that respect normal animal welfare standards, the rest are private enterprise or municipal owned small zoos with terrible conditions, cramped, and without vets, so by Western standards, they would qualify mostly as a poultry farm than a zoo.

China’s terrible zoos and why they’re still thriving
https://www.scmp.com/news/china/society/article/2100775/chinas-terrible-zoos-and-why-theyre-still-thriving

As for the question everyone asked, let's be real
- 100 000 monkeys won't fed even one city for a day
- you don't buy 100 000 monkeys for zoos when the species are known to be the best at reproducing in captivity

They are going to do testing on them it's obvious as the sky is blue, and everyone knows it.


Because this is not Bitcointalk, if Sri Lanka would have had the collateral it would have used that.
Besides, to the ones approving or asking for the loan it doesn't matter, they are not the ones paying it, and to China, it doesn't matter either, they can loan one billion, then bribe the next government with a few million and those will sell them things worth 2 billion for that debt.
Simple as that, it's easy when it's not actually your money!

Sounds completely unrealistic? Yes, it does!
Is it actually real? Yes, it is!
Can even be applied at country level? Definitely!

Sri Lanka planning to send 1,00,000 toque macaque monkeys to China


Of course, there are a few questions about it and darker aspects of this:
- I don't know how a species that numbers over 1 million can be considered endangered, but let's leave it like that
- even if they have 1000 zoos that means 100 monkeys of the same species for each zoo and that is just not real
- what they are going to do for real with them, and most hint at labs testing, which stops being funny  
- how much of the debt will be really erased for this?

But nevertheless, Sri Lanka is in so much debt that it needs either cash or a way to pay out its debts to China so, probably for the first time in human history monkeys will be used en masse to pay for a portion of that debt, giving a whole new meaning to the term "monkey business".
At $4000 per monkey (google sources) that would make about $400 000 000 (in theory, not including costs), around 5% of the 7 billion they have in debt with China.

So, do you feel like you could show up at your bank and hand them two or three monkeys to cover your mortgage?

How about you stop with the disinformation, seriously, stop!

The same parroting about 2020 prices is really getting old, every propagandist here takes the 2020 gas prices as a reference but forgets to mention why gas was cheap then. Funny thing, they forget also to mention that oil trading now at $80 is ....drums.. 120$ dollars more expensive than it was in 2020!
So let's once and for all deal with this whole crap!

Dutch TTF is right now trading at 42E/ MW, it's high against 2020 value but if you go back beyond that period you will see it's nowhere that expensive:
https://www.barchart.com/futures/quotes/TGJ23/performance?mode=monthly

For example, if we go for a 10 years period so before the invasion of Crimea you will see that the price was, what a surprise
so it's not 3 or 4 times more expensive but only 60%.

But!!, it doesn't stop there the 42E/MW is just Dutch TTF, the prices for LNG are different:
https://aegis.acer.europa.eu/terminal/price_assessments
And as you can see LNG trades right now:
at a 7.8 Eurous DISCOUNT against pipeline gas!
This also means that the US is selling cheaper LNG than gas coming from Russia, Algeria, or via Turkish pipelines.

So let's do simple math and put the 27.35 price at which EU was buying Russian gas in 2013 against the LNG prices now at 35 and you got one big whooping, oh wait, it's not 3x is just 30% increase. And what a surprise, even Russia admitted this before the war, this is from 2018, so before the war
https://www.aa.com.tr/en/energy/energy-diplomacy/us-lng-price-up-to-40-higher-than-russian-gas-novak/20225
Of course, it was even by then manipulation but at those time they had to be at least decent so he only said what the minimum decency allowed him to say.

Now to address the other of your concern.
Europe was importing 155 billion cubic meters of Gas, there is a single gas pipeline that transports gas to China at a 25 million capacity!
How have they switched selling gas from Europe to China? Simply, they haven't!


That 2022 number includes the two months before the war and another 6 months in which Yamal worked.

So next time, rather than regurgitating the stupid Russian propaganda, look for facts!
Otherwise, you will have the same shock as commies had when the USSR went bust because till that moment they were sure the USA is in a civil war, western Europe is dying of hunger just to find out there were more washing machines in Bremen than in all of Russia!

To be fair you haven't provided anything to back up your claim other than what you persoanlly think of the said person!
Being against exchanges that are trying to bypass every regulation, that play around with people's money, shady ICOs that run with user funds and ETF is not being against Bitcoin, it's actually following Bitcoin's whitepaper by the book.

Remember?
- not your keys, not your coins
- remove the third party from a  transaction
- no IOU promises instead of real coins in your own wallet.

I can't understand how someone who is against thinks that do exactly the above these but on the other hand claims that Bitcoin is the only true decentralized currency against Bitcoin.

Moreover, you're telling me that an advisor at MIT who held courses entitled:

which you can download from here or even watch on youtube was doing so for years promoting bitcoin and blockchain solutions to his students and taking questions and debunking myths about time settlements, transactions costs, decentralization and so on just because his hidden agenda was to...what? Tax the hell out of shitcoins and exchanges that print money and offer them to newbies only to let them devalue one month later and then start a new hype?

So let me spell it again: All this is BULLSHIT!
This guy has promoted bitcoin and blockchain more than 99.9% of this board has ever done but for some weird conspiracy theory, he must be evil just because he's the chairman of the SEC.


We need an enemy! Because not everything is going to plan and you can't invest 1$ today and get 10 trillion tomorrow we need somebody to blame, and of course, is the evil gubbermint! The lower the understanding about the basic economy and the deeper the frustration from its own failure the higher the need to find a culprit that is to blame, an all-powerful entity who has nothing better than sabotage this, but of course, at the same time this all-powerful being that controls everything will be brought down by somebody buying 10$ of coins.

The whole thing is so frustrating I can't even describe how much I'm willing to curse everything right now
- Saylor said Bitcoin is a Ponzi scheme, then when he smelled the $ invested millions of other people's money just for profit and he's the hero of the community
- Gensler held course about Bitcoin for years in front of MIT students, not Twitter clappers, but because he is now the chairman of the SEC he is the evilest person in the world

Seriously, f^&%^&% this shit!

Have you tried looking at the population?
1800:
USA  ~ 5 million
China  ~300  million
India ~ 170 million

In 1900 the USA population went up to ~76 million, that's the main reason for the growth compared to other countries in this short span!


Again with the petrodollar myth?
The US became the largest economy in the last decade of the 19th century overcoming China, how much oil was traded then?
Oh, wait, where was Saudi Arabia then?

Seriously, what is this bullshit?
It's ^&*^% video from 2019, 4 years ago, he wasn't "caught" he was doing it openly and the videos have been online for years, now somebody decided to make a fuss about this by cropping 10 seconds out of it and he has a story!

Algorand was developed by a professor at MIT, and Gary Gensler was an advisor at MiT, in one of those videos on of the developers of the coin was standing right in front of him, he asked for an example, of course, he will pick one done by his own colleagues who are standing 2 meters away there!
For god's sake, he had a course on blockchain and crypto, what was he supposed to do, talk about what?
https://ocw.mit.edu/search/?q=Prof.+Gary+Gensler



Yeah right, in trouble for what?
You read the headline and suddenly you know all the laws, he will get 100 life sentences for that for sure!


When did he do that?
He has claimed numerous times that Bitcoin is the only crypto that is not a security, how is that attacking Bitcoin?

Gary Gensler: ‘Everything But Bitcoin’ Can Be Accountable Under SEC Jurisdiction
https://beincrypto.com/sec-chairman-gary-gensler-caught-shilling-algorand-now-deems-it-a-security/
He is against centralized shitcoins, not anti-Bitcoin!, that's why every "dev" and shitcoin bagholder is getting triggered by his actions!

Coinbase when it needs access to markets and to let investors buy coins :
- We need regulations as soon as possible, we need ways for people to invest, SEC do something fast!!

Coinbase when it needs to follow the regulations by the book:
- Why so many regulations, we need to take it slow, why so many rules, we're going to the EU&UK!

Coinbase when the UK turns out to be just as strict:
- Please let us alone, we just need to earn money!!


I don't know what others think but every 1/4 adult in the UK owning crypto right now and 1/2 of them doing so in 12 months sounds like he's pulling those numbers out of his you know what.

Also, look what he wishes for, stablecoins:


I think that some of those guys have lived too much in their own world and they don't realize that a lot of every country's economy doesn't care a bit about web 2.0, web 3.0, and the rest of the numbers till one quadrillion. 9 years have passed since this so-called revolution of digital assets should have started as a lot of guys including Armstrong cheered alongside Gavin and they aren't making a dent in the real economy, it has been restricted to a parallel universe where people trade coins and lose money in shitty projects and nothing else, in short vaporware.

Hihihi, this one aged like milk:


There I was, amazed and also happy that those hacks and "hacks" have been going down lately and there we have it two in about a week.


The hack happened in 2016, and the culprits were caught 6 years later!
Besides, what gave them away was actually the normal banking system as they got caught by trying to withdraw cash through multiple LLCs and the fact that they managed to shut down AlphaBay, if the hackers would have simply gone through no KYC / P2P small deals in small sums after prior mixing their coins they would have never been caught!
The DOJ would have had no case if it weren't for Alpha Bya and those morons getting denied time after time verifications on exchanges for their shell companies, and also, of course, the Walmart $500 gift card!

I am not against innovation, let's make this clear!
I'm not against projects like Wasabi or Bisq or Open bazaar or whatever, where I stop sympathizing with so-called "devs" is when they ask for money before having anything other than a plagiarized whitepaper. So my question stills stand, what kind of innovation other than ICO sales are the new regulation hindering? Because you see, bitcoin had no ICO, LN had no ICO, segwit had no ICO, and neither did a ton of things, if we go into the altcoin universe there is nothing without upfront money from investors, sometimes more money than Google would need

So until somebody shows me a real project that was a net benefit to the community and didn't require billion in purchased shitcoins that was forced to leave becuase of this I won't budge from my position, which is that they can all go to h*&^!


CZ and decentralization, this was actually funny!

Initial leak by Russian propagandists:



You can see clearly that the spaces don't match, the bullet points are not straight, and the whole text is out of order
Now, the original:



And now those weird spaces after 7 fighters and 8 rotary wings make sense since it's 72 and 82!
Same with the shitty 600 because it was actually 6,004!

And now let's see how many bananas it will take to make sure the monkey army will hit at least one block in the next decade  


Well, my bad, I was on the phone, and with it that small I didn't look twice at the picture, I assumed it was the same message Foundry puts in all their blocks:
https://mempool.space/mining/pool/foundryusa  > Foundry USA Pool #dropgold
but this one was in the OP_RETURN which is weirder, but still, the template had to be allowed as much as I know.


If we were to go further into details, yeah this block has been mined with green energy let's suppose, meanwhile, the rest of the pools and miners wasted energy for nothing for 10 minutes   In the end, it was a funny thing to do but won't change a thing, I doubt it will even change one single person's view on the whole thing

Juts as Rikafip said, it's about past actions.
And it's not just an US thing it's fairly common even for the EU and at least a few South Asian nations I'm familiar with, I've known case when the government will take to court for past action even companies that are no longer present in their jurisdiction or companies that have been bought, etc etc.
That's one of the reasons why international arbitration courts exist, you shutting down your US or Mongolian branch doesn't erase your past actions there.

The even "funnier" thing happens when you're getting an inquiry in your main branch country about practices by your subsidiaries in a foreign country despite following the rules there but breaching the standards here, one of the biggest pain in the ass ever, and unfortunately not so uncommon as one mgiht think.

Unjust? What's the injustice here?
A text analyzing labeled your text as xx% and xx% that, there is no "injustice" , you haven't been affected by their decision, you haven't suffered any damage, nobody cares what a text analyzer thinks or what the results are and I don't see why you would either!

But I can tell you for sure why some will get their posts marked in such a way, it's mainly because they try so much to write down a post like it's fucking essay that you're getting a mark on every single phrase that they end up with one huge wall of text that spins the same idea which stops looking like being normal text written by human and more like some machine. Let's not even mention the 3-4 liens quota, some simply force themselves to make that number of words characters, and of course when you try to stretch a 4 words phrase into 100 it it stops sounding human.

Oh and another thing, seems like all those analyzers dislike a text made out a ton of short phrases, don't know if that's something that ChatGBT does but this might get you a clue on why the high score.

And now going to check the above shitpost of mine with that detectors and:

Where is my cookie?

Getting confusing, not that it matters anymore but my understating of this mess before was like this
- somewhere between 7-11 billion claimed to have been lost when FTX when insolvent
- 5 billion recovered by January
- 7.3 total recovered by now

But I guess all those numbers are irrelevant, since even the reimbursement (if one) will take more into account the value then and the value now, and how the trustee (again, if one appointed) will decide how this will be made, coins or fiat!


Speaking of, I've never managed to get any info on how many BTC were there, all news all report lump the sum in one, I'm really curious about this, wonder if it's at least 20% BTC and less than 80% shitcoins.

Are you sure you linked the right article, that one says 5 bill

Total claims might be at around 10 billion by estimation, if people don't make the claims through the court then there are no assets lost in the books, but still recovered sum grew. How it did so, might be tricky since it might just be because of the value of BTC that increased dramatically but it's still good news for the ones with trapped money there. Even if they recover 75% of their coins that's more than their initial value and let's be honest, the ones that had coins there only cared about their value in $ otherwise they would have held them in their own wallet.


https://www.coingecko.com/en/coins/terra
Market Cap    $354,430,022
24 Hour Trading Vol  $30,775,830
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