@fillippone. I disagree. Losing your dominance will only let your competitors defeat you. If Grayscale does not lower their fees, these outflows will continue and give mayor Larry and grandma Cathie the advantage. However, it appears that Grayscale has lower fees on their roadmap. This presently might stop the outflows.

The market where Grayscale did not have big competitors against their investment products has clearly ended.



Grayscale CEO Michael Sonnenshein said the company expects to reduce fees on its GBTC Bitcoin ETF in the months ahead. The move likely comes as GBTC continues to witness outflows while other competitors such as BlackRock and Fidelity grab massive market share from Grayscale.

“I’ll happily confirm that, over time, as this market matures, the fees on GBTC will come down,” Sonnenshein told CNBC in an interview on March 18. He added that fees tend to be higher during the initial stages and gradually come down as the market matures and demand for the products rises.

Source https://coingape.com/gbtc-bitcoin-etf-fees-to-drop-soon-says-grayscale-ceo/

It appears that I have not made the proposal very clear. If Dune 2 is not nominated for all of best picture, best director and best adapted screenplay, I lose the bet. Also, if Dune 2 does not win on all of best picture, best director and best adapted screenplay, I also lose the bet. However, if this movie wins on these 3 categories mentioned, I win 20x of the bet. This is a donation for the other bettor if he accepts hehe.

Privacy is not a crime. However, it appears that if a person uses a mixer or a something similar to Tornado Cash, the government can call it moneylaundering even if you only want to hide your cryptocoins in a personal private wallet. I wish the Dutch prosecutors will lose in this trial.

The trial will begin on March 26.



Alexey Pertsev, the Tornado Cash developer who has become a symbol of state overreach on crypto crime, laundered more than $1.2 billion in dirty money, according to an indictment by Dutch prosecutors obtained by DL News.

Pertsev, who is scheduled to stand trial in the Dutch city of ‘s-Hertogenbosch beginning March 26, “made a habit of committing money laundering,” according to the three-page document, which was written in Dutch and was revealed Tuesday.

Pertsev has denied he violated money laundering laws ever since he was arrested in August 2022.

“Prosecutors are suspecting Pertsev of money laundering and they have described it in a general way, but they don’t specify which exact acts he has committed to take part in the criminal offence,” Keith Cheng, Pertsev’s lawyer, told DL News Tuesday

Read in full https://www.dlnews.com/articles/people-culture/alexey-pertsev-accused-of-laundering-1bn-at-tornado-cash/

You are very much correct! Also on why some people are shaking their heads on the removal of Keenan Allen and Mike Williams, Keenan will be 32 years old and Williams is always injured. Ekeler was also injured during the beginning of the season and was he injured again during the season? The Chargers' new general manager clearly shows that the team does not want to pay them high salaries while they are in IR list. The teams that traded for them will certainly have problems.

@zasad@. If CZ helped or did not help Sam Bankman Fried create FTX, this does not change the argument that CZ does not have political connections in America.

On FTX, CZ was an early investor in the exchange, however, on 2021 Sam bought back the shares and this ended their relationship. This was also when Binance was being asked many questions from different regulators around the world including the SEC.



Binance, the world’s largest crypto exchange by volume, was an early investor in crypto exchange FTX, which 29-year-old Sam Bankman-Fried founded in 2019. This week, the investment relationship suddenly ended. In an extensive interview with Decrypt, Bankman-Fried discussed why.

“We recently repurchased shares from Binance to buy them out of our cap table,” Bankman-Fried said. “I think it just makes sense given the role that our businesses are playing in the space. It can also give us more flexibility going forward.”

On Tuesday, FTX announced a $900 million raise from 60 high-profile investors including Sequoia, Paradigm, Softbank, Paul Tudor Jones, and NFL quarterback Tom Brady and supermodel Gisele Bündchen. It was the largest ever funding round for a crypto exchange, valuing FTX at a cool $18 billion.

Source https://decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bought-out-binance-investment-shares-exit



I predicted FTX to be the Binance killer, however, it appears that CZ killed FTX hehehehe.

@ChiBitCTy. Agreed. Also, the Chargers have a new general manager and head coach. It will not be very surprising if this is the beginning for a formation of a team that they want to bring to the playoff in 5 years and challenge for a superbowl. If this speculation is correct, the general manager will certainly need to trade and draft younger players for Jim Harbaugh to position around Justin Herbert. This might also be a longterm roadmap for the Chargers, I reckon.

We can bet beginning today. If Dune is not nominated for all of best picture, best director and best adapted screenplay on the oscar awards for 2025, you will win $50. However, if Dune 2 wins best director, best adapted screenplay and best best picture give me 20x odds on my $50. Is asking for 20x odds too much? You can argue for this, however, it is also presently very early to know if Dune 2 will be in the oscar awards. This might be a $50 donation for you hehehe.

@Rikafip. In the cinema, in english, without subtitles. On streaming, in english, with subtitles. Also, if you have HBO Max or HBO Go, Dune 2 might be available on April 15.

@FinneysTrueVision. Is this fight for Pacman a comeback fight or is this only an exhibition? He is 45 years old already, will he fight again if he wins against Conor Benn? This will be headshaking, however, I will certainly watch these fights hehee.

On Anthony Joshua, presently it appears much of the fans of boxing are speculating a fight between him and Tyson Fury. But would it not be much better if he should challenge Oleksandr Usyk again? I reckon this new Joshua might knockout Usyk. Ben Davison appears to have made Anthony Joshua discover something from himself.

Hehehehe selling hot chocolate that he stockpiled from the prison commissary. I give respect to this man and I reckon if he was given more years in prison, he might have monopolized the hot chocolate market in prison heheh. Also, I was only joking on Sam creating the first startup on prison. However, Sam might also have stockpiled SOL that he can sell to the people on prison.

In any case, news update, federal prosecutors have said that Sam should be sentenced for 40 to 50 years. He will be sentenced on March 28.



Federal prosecutors said disgraced former FTX chief Sam Bankman-Fried, convicted in November in a multibillion-dollar fraud case, should spend 40 to 50 years in prison, the New York Times reported.

Bankman-Fried, who faces a maximum of 110 years, is to be sentenced on March 28.

“Justice requires that he receive a prison sentence commensurate with the extraordinary dimensions of his crimes,” the prosecutors said in a filing to Judge Lewis A. Kaplan.

Source https://www.dlnews.com/articles/snapshot/prosecutors-want-sbf-to-serve-40-to-50-years-in-prison/

What is this picture? Jamar Chase and Joe Burrow in the Vikings or Justin Jefferson traded to the Bengals hehehe.

I reckon they can make it work if they trade some players like Tee Higgins and if they can trick Chase to accept a low upgrade to his rookie contract hehe. However, if he wants to win a superbowl with the Bengals, he should accept.


The new coach appears to be starting to make important changes on the Chargers. Who is rumored to replace Keenan Allen?



To be clear, the real replacement for Allen on the depth chart would be Malik Nabers, who the Chargers will presumably pick in the first round. Nabers will come in as the WR1 on the depth chart and will (hopefully) keep this passing offense from drowning.

But in the sense of bringing in a current NFL player to replace Allen on the depth chart, Gallup may be the most likely candidate because of his ties to Lal. Joe Hortiz has proven this offseason that existing ties to the coaching staff is important and could shoot someone up the priority list.

Source https://boltbeat.com/posts/chargers-keenan-allen-replacement-michael-gallup-cowboys-release

@Rikafip. I watched it in the cinema. If you did not like it better than part 1, I reckon you should watch it alone in the cinema again or wait for it on streaming services to watch with subtitles. I will be on my second viewing later with friends. I am pretending that I have not watched it before hehehehe. Gurney is very much alive this is shocking I am very excited heheehe. Duncan might also be alive hehehee.

@zasad@. Did what? Dump FTT on everyone's heads with mouths open to kill FTX? This is a survival tactic. CZ needed to kill FTX before it can kill Binance because Sam was beginning to use his political connections and he was also talking to regulators already.

Pay the US treasury department $4 billion?  This is a very expensive settlement with uncertain conditions. If CZ had political connections in America this would only be a slap on the wrist.

On Mike Tyson, I cannot disagree and I also cannot agree. I reckon that we should watch his fight against Roy Jones Jr again heheh. It appears that he might have the stamina to finish 10 rounds without breathing similar to a tired dog with fur stuck on throat. However, Roy Jones is also very old and he also might not be trying very hard because he might have a high blood pressure attack hehehehee. But in all seriousness if the sportsbooks give very good odds for Mike Tyson it would certainly be a bet for him and wish he will knockout this Disneyland boy Jake Paul.

According to this article Mike Tyson is the underdog.



As of Thursday, March 7, popular betting site Odds Shark listed Tyson as an underdog against Paul for the July 2024 fight. Vegas odds from the site listed Tyson as a +325 underdog and Paul as a -500 favorite. Odds Shark explained the 30-year age gap between the former heavyweight champ and the YouTuber turned boxer playing a major factor in determine the chances of who is likely to win four months from now.

Source https://sports.yahoo.com/mike-tyson-vs-jake-paul-054941805.html

Why did you change the quote from CZ to SBF? I said it was CZ who paid the American government $4 billion to settle his case, however, after settlement it does not appear to be settled hehehe. CZ's passport was confiscated and he has a sentencing to attend. This is a person who clearly does not have any political connections under the American jurisdiction.

In any case, I agree that CZ needed to dump FTT to kill FTX. If he did not do this, Sam would become more powerful and he would have certainly killed Binance using his exchange as competition and his political connections. According to the latest articles it appears that the FTX estate can pay all of the creditors in full which implies that FTX's problems were only liquidity and cashflow problems.

Who said they are dumping? I did not say this. I said that this will be a race on how who the king of bitcoin. This will be a race berween Larry Fink vs. Michael Saylor. I reckon they want to create a legacy that will be remembered as being financial geniuses who became a king of this new type of digital currency. They are also beginning to notice each other.



While the crypto asset industry faces fear and uncertainty over regulatory clarity in the United States, trading of Bitcoin is hardly contested by regulators. Speaking to CNBC, Saylor said Bitcoin is the “Most certain thing in an economy full of uncertainty.” Also, he welcomed the spot ETF developments from the financial giants. However, he rejected the argument that the ETFs would threaten his company’s investment strategy.

“You can think of Bitcoin as a beautiful house in a scary neighborhood that you have to pay in cash and takes a year to buy and never rent. Whereas the spot Bitcoin ETF is like the same beatiful house in a nice neighborhood that you can buy tomorrow with no down payment.”

Source https://coingape.com/michael-saylor-microstrategy-bitcoin-news-crypto/

Agreed on this train might not stop, however, it appears that the market makers have begun punishing these late buyers and the whales appear to be using them as exit liquidity. On March 5 many traders were liquidated. On March 12 and 14, another liquidation of late buyers. Also preently, another liquidation. These traders will not buy again on this price or they have no more money to buy hehehehehe. The people who were bearish for much of the pump and have quickly become bullish are a warning sign that it might be the situation to become a contrarian. They are very much similar to our favorite uncle Jim Cramer.

Mike Tyson is 57 years old. I watched the videos that are being shared on social media to show that he is still very fast and his punches very strong. However, these videos do not show everything. Show me a video of Mike Tyson doing his quick moves and strong punches for 3 minutes for 1 round and do 10 rounds of this. I reckon in the last minute of the video he will have his tongue hanging to his knees and breathing very much similar to a very tired dog.

In any case, if this is on Netflix, this is not a payperview? Will this be available for all Netflix subscribers? I reckon all sports organizations like the NFL should also do this.

@Rikafip. I cannot disagree on Anatomy of the fall. It is a very good movie and I also would argue that Sandra Hüller gave the best performance among the best actress nominations.

On Dune 2, yes I have watched it already. I need another viewing and a 3rd one with subtitles hehe. I am starting to speculate that it might also have a chance to win best cinematography, editing, sound, production design, best costume design, the best musical score and some of the awards where it will be nominated heheheheh.

News update. Another fud campaign from the American government creared through the treasury department.

I reckon before they inspect carefully every transaction created on bitcoin and the cryptospace, I reckon that they first should be it on the banks within their jurisdiction. The biggest currency used as a medium of exchange for terrorist financing is the American dollar!



Financial institutions have reported $165 million in potential crypto transactions that may be tied to Hamas, according to the bureau of the U.S. Treasury department that combats terrorism financing.

The Financial Crimes Enforcement Network analyzed suspicious activity reports filed between January 2020 and October 2023, according to a letter signed by Deputy Treasury Secretary Adewale Adeyemo. The letter, reviewed by CoinDesk, was directed to the leaders of the Senate Banking and House Financial Services Committees and asked for their support in passing legislation that would broaden the Treasury Department's oversight authority over crypto transactions.

Source https://www.coindesk.com/policy/2024/03/14/fincen-is-analyzing-165m-in-transactions-that-may-tie-crypto-and-hamas-senior-official-says/

@zasad@. I disagree. CZ had a settlement with the American government and paid $4 billion and yet he cannot get out of the country because he is a flight risk? If he had proper connections he would remain to be the CEO of Binance. Also, dumping of FTT might be CZ's tactic to kill FTX. If he did not do this, FTX would continue becoming bigger and Sam with his political connections would become more powerful.

If you also want to witness political connections in use, observe Sam Bankman Fried's case. It is being rumored that he will get out of prison within 5 or 6 months.