Uploaded to my nostr build if anyone want to listen to nostr:nprofile1qqszrqlfgavys8g0zf8mmy79dn92ghn723wwawx49py0nqjn7jtmjagpz4mhxue69uhkummnw3ezummcw3ezuer9wchszyrhwden5te0dehhxarj9ekk7mf0qy88wumn8ghj7mn0wvhxcmmv9uynmh4h split hairs to justify #monero FUD for an hour.
Listened to it, nice mental gymnastics.
Wonder why Seth didn't publish it.
You betray your ignorance (possibly fueled by your bias because of what happened in your family) on this subject by indiscriminately putting every "drug" in the same bag.
Some of those "drugs" are revered as great teachers in cultures thousands of times older than yours.
Most of those "drugs" are not addictive and are not harmful at all to health when consumed in moderation.
Meanwhile the two drugs that kill the most people worldwide by quite a large order of magnitude (tobacco, alcohol) are perfectly legal and widely available, to the benefit of government (tax) and corporation (amazing profits) alike.
Then there's a highly addictive, highly stimulating but not so harmful drug called caffeine that a large portion of the planet can't live a day without turning into an insomniac headache-plagued irritating hostile mess because they're all addicted to it.
But sure, responsible and occasional recreational drug use is the problem.
For a moment there I thought you were talking about booze and tobacco companies, big pharma, and pretty much every government on the planet who approves & taxes their stuff.
Hell, sleeping pills alone kill more people every year than all illegal drugs combined.
username checks out
It's the only way they get to go on believing their cult, by silencing everyone they disagree with.
From that perspective, it's not so different from leftists censorsing and deplatforming.
Since that's not possible on nostr, they mute anyone who disagrees instead.
The result is the same. Continue living in lalaland echo-chamber and circlejerking with your buddies believing you're all the best and brightest.
Oh well.
Ok, I've been replying to you in good faith here, but now I see you actually have NO IDEA what you are talking about.
Go to a monero block explorer and find me ONE monero address (starts with 4 or 8) there. Go on, I'll wait.
An address shows up on a ring signature? lol! Again, go to the same block explorer, look up a random tx, and see if ring members look like addresses to you.
You clearly have no idea about what you're talking about buddy.
"send XMR to address"
that's what these folks did, and they got arrested:
The finnish guy: https://cointelegraph.com/news/finnish-authorities-traced-monero-vastaamo-hack
The 18 japanese people: https://cointelegraph.com/news/monero-transactions-japanese-authorities-arrest-18-scammers
"Just sending xmr to an address" is also bad advice when the most popular monero wallets (cake wallet and monerujo) are known to have been unwittingly giving a list of nearly all their users' xmr transactions plus your ip address to Chainalysis: https://www.digilol.net/blog/chainanalysis-malicious-xmr.html
It is very easy to leak your personal info, especially your ip address, so do not "just send XMR to address" -- even the Monero website warns against this stupid "just use xmr" meme:
You do realize the remote node never learns who you are sending to, or where from (other than IP address, but again, that's not a Monero issue, it's a TCP/IP issue), right?
What it does learn is that you own a certain utxo, if you immediately retry a tx on the same node after the node maliciously rejects it (there will be one ring member that doesn't change between txs, that's the real one).
They are testing whether they can modify monero to use full chain membership proofs, and they hope to get it done this year: https://x.com/MoneroMavrick/status/1856881416987988406
> monero just works
In both cases you quote, it was not Monero that was traced.
Spend more than 2 minutes searching for it, and you will reach the same conclusion.
Monero is part of the puzzle, not the whole puzzle. There is plenty of dumb shit people can do to be traced outside of the blockchain.
You are conflating anonymity with privacy.
Onchain bitcoin is NEVER private, as amounts + sender + receiver are always recorded onchain.
It can be pseudonymous (you don't know who the addresses belong to) at best, but never anonymous, as you can always see the addresses.
And over time, because of this, the pseudonimity tends to turn into certainty.
Great! It's all about choices, and not everyone has the same needs.
I've hodled AND spent for longer than Biden's favorite age, and it became very apparent since the beginning that managing onchain bitcoin privacy is extremely error-prone, and I'm a very technical guy.
When Monero came along it was missing essential features (amounts were not hidden yet, and ring signatures were comically small), but that is now in the distant past, and with FCMP coming soon™ it will only get better.
So while my BTC bags gather dust yet get heavier and heavier, it is my XMR stash that is actually *used*.
To be fair I keep a small bag of BTC available on lightning for certain transactions, it has good enough privacy/anonymity, albeit with more tradeoffs and more gotchas than Monero to be honest. But it's a decent option too.
I prioritize privacy and anonymity, as without that you're just a controlled slave, constantly watched, constantly monitored, everything you do added to your eternal dossier / permanent record.
As far as I am concerned, that is no way to live. So I do whatever I can to avoid it, and when it comes to my personal finance, #monero plays a huge role in that 💪.
Yeah, because someone's random ruggable mint (or my own exploitable always-on mint) is totally the same thing.
Only a fool does not see the value in instant, private and anonymous transactions.
Monero is the best L1 for that today.
So.. hand up, I guess.
I know, and I'm not saying Bitcoin and Solana are on the same level quality-wise.
You do believe in free markets though, right? Nobody forced anyone to buy Solana, and it's not like the initial distribution was unknown or hidden or covered up.
For whatever reasons, people bought it, knowing the conditions of the deal. Some made money, some didn't, and that's what a free market is.
My point though was that we'd probably be cheering it on had Trump surrounded himself with only hardcore bitcoiners, most of which are already unreasonably wealthy by normie standards, and who'd have become even more ridiculously wealthy had the Trump crypto move been a Bitcoin-only deal.
But it wasn't and now people are riled up. For someone on the outside, Solana or Bitcoin, same shady deal.
At the end of the day, his network and trusted people leaned more in another direction and they bet on that, he wanted his own token, and Bitcoin can't do that today, so he went with a production-ready smart contract-capable chain, which ended up being Solana because that's what his closest and most trusted lieutenants knew.
Honestly I don't see the big deal (hah) here, and also I don't see how this is not good for crypto (including bitcoin).
The more people who are well versed with wallets, addresses, hardware wallets, self-custody etc, the better. A substantial proportion will figure it out in the end (less tokens with zero utility, more tangible stuff like btc).
And that'll be one of the outcomes of this whole shenanigan, in my opinion.
Also, I am pretty sure Bitcoin will be part of the strategic reserve. It just won't be BTC only, that was always a maxi fantasy.
Just my 2 sats.
Ok.
So here is the NOSTR version of my Tweet this morning about $TRUMP
So, why did $TRUMP choose to start a shitcoin and why on Solana?
Shall we follow the 'MoNeY' to find out if there are any conflicts of interest and misaligned incentives?
1. Who is David Sacks and why was he chosen to be the CrYptO Czar for Trump's administration?
He is a general partner of Craft Ventures, a venture capital fund he co-founded in late 2017.
Craft ventures focus on 'Leaders in B2B software'.
And also seem to have a keen interest on anything Musk is building.
Including:
Space X
X
XAi (grok)
and even The Boring Company, weird.
Ok, so is there any connection to Musk?
https://craftventures.com/portfolio
2.
Well, yes and more than both being South African-Americans.
Musk and Sacks are connected through Paypal.
Sacks was COO whilst Musk was CEO.
Nicely sitting atop the tree of the Paypal Mafia.
3. But what does this have to do with Solana, the appointment of Crypto Czar or the TRUMP shitcoin?
Well, we now have to assess whether or not there is a conflict of interest, signs of insider trading or nepotism.
So let's dig in.
Sacks also invested, via Craft Ventures into another fund called MultiCoin.
Here is his own article about why:
https://multicoin.capital/2018/03/12/why-we-invested-in-multicoin/
4. Who are Multicoin?
"As a crypto-native fund, we actively engage and participate in the networks we invest in. Moreover, we are intimately familiar with the crypto technology landscape and market structure. We are hands-on investors, and will do everything in our power to maximize the success of our portfolio companies."
https://multicoin.capital/about/
5.
So to recap, Sacks, through Craft Ventures now has a direct interest in the success of any companies that MultiCoin have invested in.
Who, to use their own words from their own website "will do everything in our power to maximize the success of our portfolio companies".
Ok, so who do MultiCoin invest in?
Well, literally 100's of Shitcoin projects, you have to scroll it to believe it.
https://multicoin.capital/portfolio/
6.
So how would Sacks be able to help steer these companies in the right direction and make sure there is enough hype around them to make sure his investments clear any 'lock-up' period so the funds can make an exit and make huge profits?
Well, from Sacks Wiki page:
he is a co-host of the All In podcast, alongside Chamath Palihapitiya, Jason Calacanis and David Friedberg.
Yes, he has a CrYpTo Podcast.
But Suuuuurely he would never brag about investments or exits he has made on that podcast with his other slimeball co-hosts, would he?
@SilvermanJacob
has this clip of them doing exactly that below in 2021:
https://x.com/silvermanjacob/status/1595059806200643589?s=46&t=OhFuTtv-xPcwkmJSTd2Ovg
7.
So, yes, the clip shows them bragging about their Solana 'bags' and how they have pumped and beginning to dump them on retail.
"You better clear that Solana position, what's your lock up, 24 months?"
"Your holding right"
"Ish"
"ish, yeah me too".
Disgusting.
Watch again, then please share and bookmark Jacob's post.
8.
So back to MultiCoin, could they have invested in any 'projects' that were dependant on the Solana BlOcKcHaIn?
Loads:
01
Coral
Fractal
Hubble
Jito
MarginFi
Metaplex
Saber
Sec3
Serum
SOLANA
Solscan
Strata Protocol
Wormhole.
9. Wait, did they invest directly into SOLANA
Yes, yes they did.
"Today I’m excited to share Multicoin’s investment thesis in Solana, alongside the fact that we led an $20M investment in Solana. Here's Solana's press release."
Here is the press release.
https://multicoin.capital/2019/07/30/the-world-computer-should-be-logically-centralized/
10.
Wait, wait, wait, wait a minute.
So Sacks is now directly tied to dozens of companies running on the Solana BlOcKcHaIn AND the network itself!?
And is advising the President on CrYptO as his Czar?
This can't get anymore conflicted.
Can it?
11.
We haven't fully considered nepotism yet.
So, Sacks is up to his knees in the Solana network, tokens AND dozens of 'UnIcOrnS' running shitcoin projects on it's BlOckChAin.
What was the weird part about Musk earlier and their connection via PayPal, it seems kind of weird to point that out.
12.
After leaving PayPal both went separate ways to start new ventures, famously Musk founded (joined) Tesla Motors and became (pushed aside existing) CEO.
There have been many ups and downs through the Tesla journey of Musk, but no story is weirder than the one involving the 2.6 BILLION acquisition of Solar City in 2016.
This acquisition left Tesla shareholders enraged as they saw it to be a "Bailout".
"Tesla shareholders alleged the company’s acquisition of the solar installer amounted to a bailout, pushed through by Musk who sat on both company boards at the time."
13.
So who were Solar City and why would shareholders believe this to be a 'Bailout' rather than a straight forward business acquisition?
Who were the founders and CEO of Solar City?
Lyndon and Peter Rive.
Big whoop, why does that matter?
"Lyndon Robert Rive (born 22 January 1977) is a South African-American businessman known as the co-founder of SolarCity, and its CEO until 2016."
"SolarCity is a provider of photovoltaic systems and related services. Rive co-founded SolarCity with his brother Peter in 2006."
https://en.wikipedia.org/wiki/Lyndon_Rive
14.
Big whoop.
Who cares that two South African-American brothers founded a Solar company that was acquired by Musk?
- For 2.6 Billion dollars.
- Against the wishes of his shareholders.
Well, you see, Lyndon and Peter are Elon's cousins, sons of his mother's twin sister.
So, yes, maybe the shareholders were onto something when they alleged that it could be a bailout rather than a prudent business acquisition.
https://ghanafuo.com/elon-musk-cousins/
15.
Fear not, the shareholders were judged to be conthpirathy theorists and Musk won his case.
"Vice Chancellor Joseph R. Slights, who decided the case shortly before retiring, sided with Musk, writing: “Elon was more involved in the process than a conflicted fiduciary should be. And conflicts among other Tesla Board members were not completely neutralized. With that said, the Tesla Board meaningfully vetted the Acquisition, and Elon did not stand in its way.”
16.
So what the AF does this have to do with Sacks, Solana, Musk and Trump?
Well....
Step up
@realJakeSimmons with this report:
https://www.newsbtc.com/news/solana/elon-musk-cousin-first-investors-solana/#author-box
17.
WAIT WHAT?
Rive was bailed out (allegedly) then disappears to become an Angel Investor and is one of the first investors in Solana?
No way.
No fkn way.
18.
Damn, this is getting weird.
So let's recap.
- Sacks is Trump's Crypto Czar and is knee-deep across the whole Solana spectrum.
- Trump's DOGE - Department Of Governmental Efficiency - (An anagram clearly chosen to pump another Shitcoin) is chaired by Musk.
- Musk's cousin is one of the first seed Angel Investors in Solana.
19.
So, could it be at all claimed that maybe, just maybe there is a conflict of Interest, Insider Trading and Nepotism involved in launching $TRUMP ?
A Presidential Shitcoin on the SOLANA network!?
Would those involved be able to:
1. Protect pre-existing investments?
2. Pump pre-existing investments?
3. Dump pre-existing investments?
I am sure the Donald is very much the innocent party in this debacle and has been the victim of poor advice.
Perhaps he should consider clearing house of his CrYpTo AdViSorS on day -1 of his presidency?
Perhaps he shoud de-list $TRUMP effect immediately and make any tricked investors whole.
Perhaps we should be more vigilant (toxic) in the #bitcoin space and be ready to call out scams, even if they are at the highest level.
Or maaaaaybe this is all just me being a silly conthpirathy theorist.
Have a great Sunday, don't let all of this information worry you......
Not to defend Solana or anything, but had he surrounded himself by laser-eyed bitcoin maxis with very heavy bags who've been proclaiming HFSP to nocoiners and "shitcoiners" for years, would you also have pointed out the collusion and rampant bias?
It's not brutal, savage, rekt or taken down. Elon asked, Ian replied.
No need to add any ego to it.
Always the same slurs, always the same logical fallacy (ad hominem)... never actually conquering an argument with logic, which those leftist lunatics believe to be a tool of the oppressive white heteronormative patriarchy©®™ anyway.
How can we debate someone who doesn't believe in logic? We can't. But we can mock them. Mercilessly.
NEW: Mel Gibson delivers a brutal critique of California’s leadership failures.
“I think all our tax dollars probably went for Gavin’s hair gel.” 😂
Joe Rogan didn’t hold back either, blasting Gavin Newsom for literally ruining the state:
https://video.nostr.build/4b297a511db864c71ad7e43f7231f15eb5993b79b7d33d2222bcb3ee11093e61.mp4
“He gets on TV and pretends like everything’s great. ’And California is the best. We have the best state. We have the most amazing economy.’ And like, you’re out of your f*cking mind, dude. You’ve ruined this state. Personally ruined it.”
Watch the full episode via Joe Rogan:
https://www.youtube.com/watch?v=1rYtrS5IbrQ
Follow @VigilantFox 🦊
Leftism destroys everything.