odanny
Diamond Member
- May 7, 2017
- 18,262
- 14,564
It was never propaganda, because it has always been true.This propaganda has played itself out, you really need to find new material.
Fascists gotta take of their own.
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It was never propaganda, because it has always been true.This propaganda has played itself out, you really need to find new material.
This must be done as soon as possible for the American people. Taxpayers deserve transparency and they deserve to see where their money is going.
That's a completely different matter than this hoax.
FTX is the canary in the coal mine. It collapsed because of rising interest rates, and the dipshit was caught naked when the tide went out.
He won't be the last.
Conflating what REALLY happened with this bullshit FTX/Ukraine hoax is just what your propagandists want you to do. They know you are too ignorant to parse out the facts from their manufactured bullshit.
I remember the far left pinko useful idiot commie symps of the far left in the 80s were convinced Reagan's ramping up of our military and stationing intermediate range missiles in Europe was going to get us all nuked.Humiliating him in front of the world and destroying his military, makes us safer? Why not include the rest of your logic? You have baked in a belief that he won't ever use nukes. That's bold of you, to trust your own biases over the reality of what happens if you are wrong.
Their collapse had nothing to do with interest rates. They leveraged a token (FTT) they themselves created, ie, scammed their way into a $32 Billion evaluation.
Their collapse went like this:
1. Coindesk reported that on a curious detail in trading firm Alameda Research’s (also owned by Bankman-fried) balance sheet.
2. They said “That balance sheet is full of FTX — specifically, the FTT token issued by the exchange that grants holders a discount on trading fees on its marketplace,” the report published on Nov. 2 stated.
This indicated that Bankman-Fried’s Alameda Research largely depended on a cryptocurrency that FTX invented, which was not an independent cryptocurrency.
3. After the report was published, Binance CEO Changpeng Zhao, who had invested in FTX and been paid more than $2.1 billion in FTT, announced troubling news of his withdrawals- he starting liquidating.
4. When Zhao started pulling his funds, so did everyone else. 6 billion was taken out in the next 72 hours.
5. They suffered a liquidity crisis at that point and tried to get Binance (Zhao) to buy them, but that failed.
Bankman-fried constructed a house of cards and eventually it fell. It was a scam.
No way he'd be involved in any other sort of scam, after pulling a Grade A scam on financial community and rubbing elbows with the world's most powerful people based on that scam. Totally impossible. yah, Ok.
FTX's collapse shows the Fed's tightening is crushing speculative assets like crypto – and don't expect a pivot anytime soon, UBS says
The Federal Reserve's campaign of aggressive interest rate hikes has injected "vulnerability" into the crypto space, UBS CIO Mark Haefele said.markets.businessinsider.com
As I said earlier, FTX is the canary in the coal mine.Best Crypto Exchanges & Apps Of April 2024
If you’re interested in buying cryptocurrency, you need to open an account with a crypto exchange. There are around 500 examples to choose from, and Forbes Advisor combed through the leading crypto exchanges to determine the best crypto exchange for both new and experienced investors.www.forbes.com
Just another stupid, ignorant hoax.FTX and the ukraine laundromat.
Except for the fact that interest rates are not what caused the collapse of FTX. That was series of events that uncovered a scam.As I said earlier, FTX is the canary in the coal mine.
There will be more financial institutions caught naked now that the tide has gone out with the hike in interest rates.
FTX and the ukraine laundromat.
Just another stupid, ignorant hoax.
She knows something you will ever know, Ukraine is a shit show of pure NazisWhat drag queen impersonator Marjorie Taylor Gazpacho and all of Putin's other useful idiots do not realize is that we are getting a hell of a bargain for our money.
We are seeing how Russian military tactics work up against our military gear.
As it turns out, Russia's military tactics totally suck. And that is what really hurts MTG's and Putin's feelings.
Worth every penny.
DAMMIT!
Ukraine was and still is the biggest laundromat in the world.
Takes Crypto for their war effort and turns it into fiat.
War is a racket.
You're in over your head.She knows something you will ever know, Ukraine is a shit show of pure Nazis
Do you know why crypto collapsed across the board?Except for the fact that interest rates are not what caused the collapse of FTX. That was series of events that uncovered a scam.
First domino was this:
Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed. Much of it is the FTT token issued by FTX, another Bankman-Fried company.www.coindesk.com
Never in a million years, I think Ukraine did it on purpose to invoke article 5You're in over your head.
Yah, ok, except for the fact that this is unequivocally NOT what happened to FTX.Do you know why crypto collapsed across the board?
Because of interest rate hikes.
Which is funny because the big selling point of DeFi was that it would be a buffer against inflation.
People were forced to sell their crypto to meet margin calls on their other trades. That caused crypto to collapse. Bye-bye FTX.
You are putting the cart before the horse.
This must be done as soon as possible for the American people. Taxpayers deserve transparency and they deserve to see where their money is going.