Well chart i showed tells a different story. On the exact day UST depegged and crashed, the WHOLE crypto marketcap lost 117 billion in a week. And even more in the coming weeks. FTX was nothing compared to that. And speaking of power of one man, when elon denounced BTC and apparently telsa started selling crypto, whole crypto marketcap lost 182 billion in 9 days. Not even war in europe has affected crypto this fast. So i wouldn't say they had a small role.

Could you list those other events that affected on crypto at those same weeks i responded to JoyMarsha about?

Sure, busd has 10+ billion  U.S. Treasury bills on their reserves and what was it again? Maybe 1 billion un USD. I can issue a high marketcap stablecoin if you give half of that for rhe reserves

I will even develope the appi for free on top of that.

But i am guessing that you are short of petty cash since you are asking that in here.

Short answer is no. You are not getting your own stablecoin by asking. You will only get scammed if you get offers for that.

Except we went up to ATH right in the middle of covid lockdowns. And i wouldn't brush this off as just another crypto thing.

The whole scene will look very different during next big bull. KYC will not be optional for much longer.

History is bound to repeat itself and this time regulators will come to make sure we don't have to learn from it.

So at least we should know what happened. Because this was very much on the different scale. We are in the spotlight of the world and there's less spectrum for freedom.

When people say that FTX was the worst thing that happened to crypto in the long time, maybe we should back up and get some perspective on that. Things were already messed up. As in comparison, total crypto marketcap was thriving during covid and recovered almost instantly to ATH after tesla dumped their crypto. But LUNA was the thing that broke everything. FTX was nothing compared to that.

Do Kwon is still on the run in Serbia of all places, except he denies being on the run. I am guessing he chose Serbia because they don't have an extradition treaty with South Korea, but that seems pointless when he is internationally wanted by Interpol now. So it's a matter of time before he gets caught.

But while running, Do Kwon, Su Zhu (founder of 3 arrow capital) are blaming SBF and even US Federal Prosecutors are investigating SBH for his involvement in the UST crash.

Now i would like to very much like to blame Kwon for UST as he was warned several times about issues with it but he was just too arrogant and annoying to take the threat seriously.  But if SBF had anything to do with this, then not only is he blamed for FTX crash and bear run after that, but he just might be the man behind the WHOLE current crypto downfall.

It's excatly as risky, and of course i have tried it. I tried most of the tactics when i build myself a bot in bustabit (scripting is allowed in there).  I thought i find myself a money machine until i finally lost all my bets and started to read more about these tactics. They all fall under gamblers fallacy because there's just no way to beat the odds when they are set for the casino. You are better off going with pure luck, because that's what martingale and reverse martingale comes to too.

Please elaborate on what those other inferent problems are, because solvency is the only thing that comes to mind. Because if stablecoins are solvent they work exactly as they are supposed to work.

Or are you talking about the centralized connection to fiat money and that they must have technically reversable transactions? That's unfortunately unvoidable when you are talking real life assets backed stablecoins and there's no way around it. But aml regulations are going to be very tight for cryptos with permissionless transactions as well.

And if FTX.US is going to be fine, what that would mean for FTT token? There actually could be some sort of recovery at some point after people aren't afraid that it will go to zero. But that could take time and i am uncertain if. Although i don't personally think that FTT has enough demand whene its utility is only related to FTX ecosystem.

I didn't understand anything about this.

Are you asking that could someone build stable coin and app for you? What app?
Stablecoin is not a normal token anyone can just pull off because they can make a token or a coin. That requires some next level resources.
And why would anyone build you anything for free? Especially when you are not even explaining what you need.

I have a hard time decrypting what your point was. But one of the rasons adults won't give their kids freedom (and guns) is because we are responsible for them, that's what being a parent is; being responsible adult.

Kids brains are not developed enough to make life altering decisions by themselves so obviously we wont give them as much freedom as they would like.

Oh the experts from the internets? Why is it so hard to provide sources when yo are saying stuff like this. Also what are you talking about that they wouldn't be interested in northen Europe? Says who? Northern Europe countries like Finland was Lenin's one "mistake" and Putin has told he wants to fix the mistakes Lenin did. You just throw words on the screen without explanation or reasoning or links and hoped some would stick. You are not making any sense.

"Sounds like you are making this up."
- The experts of the internet 2022

You should take CDBC in same way as you take USDT, isn't decentralized either, and no one is even saying it's decentralized or "crypto".
But difference in CDBC would be that people would actually trust it. It wouldn't need to be backed by fiat as it would be fiat.

However there isn't yet a blockchain that would work in a way that would keep regulators happy about issuing CDBC into it. So far every experiment on it has pretty much failed. I could still be years away.

As a composer who knows composers, they just pick and choose or order a song from someone who composes tunes for work. Whole net is flooded by talented composers looking for work or to sell their songs so you can probably find something cheap. But if you want quality work you have to pay for it.

Royalties depend on various things. If composer is part any copyright society casino automatically has to play royalties, but it's not much as it's per play per listener. Net streaming has turned royalties to crap. In normal radio they were much higher. Then there obviously are fiverr type services that could basically sell the rights of the song with one time paymenr so casinos wouldn't need to pay anything after that. Also it could be that slot machine team has their own composers / audio effect guys that work for the company. That's what they have been doing in gaming and films. They just hire experts to work with them.

Yeah, technically they do exist, but just don't expect any help from the police when a casino that is out of reach of your regulatory jurisdiction decides to do exit scam or just steal your money based on some made up excuse. When they don't need to follow AML laws, you can imagine how much they are bounded by other laws. Basically they need only to follow the rules of the country they are based on.

I've never win less in any free spins i've tried. I mean usually i win SOMETHING with 150 spins, not just 4 bucks. I am either very unlucky or these games offering free spins are VERY volatile when it comes to giving any  gains. I believe there's a change to win big but that is being cut from people trying to win anything between $1 and jackpot.

I've seen most of the films in there, and if "Everywhere Everything All at Once" doesn't win in some some category i really think that whole thing is fixed. It's the most absurd 4th wall breaking meta in every way. I don't think i've ever seen anything that even comes close to it. And i am including european obscure art flicks into it. It just works and doesn't ask permission if it should to do so.

While i cheer for polygon and admit that starbucks is a huge company i see this as a niche novelty program that has nothing to do with real adoption. But just a company wanting to be on the cutting edge of something. If we think this is something to feel good about then we should think that every big company that has their nfts are great for nft adoption too. Which is not the case.

Most companies come in late and try to be part of something they can barely grasp. And to ask that their customers would understand it better is a reach.

And why an earth you think that high marketcap coins have that much room to grow. You do realize that shiba 100x would go over bitcoin in marketcap. That's crazy talk. No real token that should be taken seriously has ever done that. I understand that when i tell you that Ada is garbage and should stay down, most fanbois disagree. And Eth 10x would go 3x over bitcoin mc so where's btc in this calculation?

I am not even going to bother with your other predicions as they seem something totally made up without any reasoning.

I wouldn't be so fast to judge on these. Just because something is not profitable doesn't mean it's a scam. Most of the projects and actually the whole trading game is a zero sum game so therefore the whole industry should be a scam if we are going by your 1:1 rule.

Staking as a term has been misunderstood and most of the "staking" happening has nothing to do with securing the blockchain. It's mostly just for people getting more money. Which is just dumb.

I've been offered many times lucrative amount of money of writing positive reviews in my native language on wish and some internet sites involving selling items etc and rating some companies on the internet. So far i have declined all the offers.

People have also tried to hire me to promote coins and talk trash about the coins they short. I've declined those too. But because of this i don't trust any hype or fud i hear, nor i trust the sites that review other sites.

Stay on topic. I am not even talking about risk. Yes. There is a great risk in assuming that there exists intelligent people because intelligent people are a rare breed. I say that the cryptocurrency sector is hateful and evil because Bitcoiners and crypto chlurcmklets are some of the most asinine piles of trash imaginable. Sadly, Bitcoiners and all other crypto chlurcmklets have absolutely no place in decent society.
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I've decided that maybe best course of action is not to brush you off as a crazy person, and i am nor saying you aren't, but maybe forcing you face reality as a mirror to is most productive way. Because dependin where you live you most likely already have faced psychiaric help.

But "stay on topic"? You already made another topic where you were against univesities yet you claim WE hate education. Yet you were willing to tell anything about details. I can't underline enough how much this doesn't make any sense and your obsession about bodily functions tells another story that would need a speacialist to decrypt, But somehow you have decided that i and everyone here who have been totally appropriate are to blame for "something". Which i only assume has something to do with altcoin you created.