“Money is as dangerous and powerful a weapon for evil, as it is a tool for prosperity and peace. It’s an extremely sharp knife. And for that reason, the role and function of money should never be delegated to any group or person.”
—Jack Mallers
“Typically, VCs will invest in a company, and it takes 7-10 years before there’s a liquidity event. The VCs LOVE ‘crypto’, because they can put money in, have instant liquidity, and 10x their money by selling a bunch of smoke and mirrors to retail. So, they pump [hundreds of millions of dollars] into media, marketing, parties, etc…and then, because there’s so much hype around it, they put it on an exchange like FTX so everyone wants to trade it."
Retail thinks there’s value, because a bunch of VCs put money into it—because Alameda created a fake market around it—but there was never anything there.”
—Mark Moss
“What bothers me isn’t that fraud is not nice. Or that fraud is mean. For fifteen thousand years, fraud and short-sighted thinking have never, ever worked. Not once."
Eventually you get caught, things go south. When the hell did we forget all that? I thought we were better than this, I really did.” —Mark Baum, The Big Short (2015)
“Never before have we had a monetary network that all you need is an internet connection and by plugging in and operating on the same standard you’re natively interoperable with everyone else in the world on it.”
—Jack Mallers
The global south will remain forever poor if USD remains the reserve currency. Countries have to hold this inflating currency controlled by unelected individuals to purchase certain assets while their currencies is even more 🗑️. This can't continue. Bitcoin fixes this.
Bitcoin is the kryptonite of statism. Statism can only be achieved when money & state are brought together so #bitcoin becomes the only form of money that can acheive this.
The need to switch to a #bitcoin standard is more important than ever. Dukkan Exchange provides you a means to exchange your fiat for sats in p2p fashion on telegram https://t.me/dukkanp2pbot
Notes by RisCush-17 | export