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₿ Maxi Satoshi
44b65c6380474e452fed62bcf19e4667865d2b217917922966c6a1a973100e33
Just another ₿ Maxi - 3 topics I would post here: #Bitcoin , general economics, geopolitics and memes. Everyone loves memes and some generated AI images

Author Stehpanie Kelton goes on the Daily Show to make case for MMT and why governments shouldn’t have the same financial constraints of “businesses and households” https://video.nostr.build/fce8bfb8c3d816cec8e3af40f29564fbce9973db393869a6bddd26e368f21c9a.mp4

BI warns Americans against using non-KYC #Bitcoin  and crypto money transmitting services.

No but they got access to the xpubs

This is new. @Microsoft defender is now classifying mempool.space as malicious. We're really at the "then they fight you" phase.

FBI WARNS AMERICANS AGAINST USING UNREGISTERED CRYPTO MONEY TRANSMITTING SERVICES

Americans should avoid #crypto services from firms that are not registered as Money Services Businesses (MSBs) under federal law and do not follow anti-money laundering rules, according to a Thursday statement from the FBI's Internet Crime Complaint Center (IC3).

https://www.theblock.co/post/291009/fbi-warns-americans-against-using-unregistered-crypto-money-transmitting-services

In a recent YouTube poll with 60,000 participants, 62% of respondents voted "Yes" in response to the question, "Is #Bitcoin a scam?"

The first satoshi of #Bitcoin 's fourth halving block just auctioned off for 33.3 #BTC  worth over $2.1 million

ETC Group has launched a new #Bitcoin  ETP for “global institutional investors with extended liquidity needs.”

Institutional adoption continues

#SamuraiShodown #SamouraiWallet #Bitcoin

There is 10,868 #Bitcoin in Samourai whirlpool.

This attack by the US Government on Samourai wallet is bigger than most people think.

Morgan Stanley may allow its 15,000 brokers to recommend #Bitcoin  ETFs to their clients: Reports

Samourai Wallet Founders Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses

“Samourai Wallet is now closed for business.” - Special Agent Thomas Fattorusso

https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering

Brian Kelly explains how the FED will tolerate higher level of inflation and how #Bitcoin  should perform well.

“Your buying power in your currency is going to go down, so your groceries are going up, you’re just not going to have enough buying power. https://video.nostr.build/2a4287ebe4867c45f1e23a98906da909a86d7d3240f0e5be4a9fe50e39f4b30a.mp4

Congress has no appetite for a Central Bank Digital Currency; they have bigger fish to fry.

Democrat Congressman @WileyNickel tells @RegulatoryJason that the creation of a #CBDC will be up to congress, and at the moment, there’s no appetite for one. https://video.nostr.build/32b32c385bf5c5c24fbeca41040b9da5d947077f1ff7562cc132ef80b2153c7d.mp4

Replying to Avatar 10Luno

Sorry about your situation #pleb.

NFA, i would try

https://sovryn.app/borrow/line-of-credit

I don't recommend #Sovryn, they have a serious problem with pivoting from explore (different options) to exploit (the one that works) and they have developing country syndrome (i made that up => when poor people get rich they get greedy and stupid): they shutdown Zero when it was working then started it again and now the fees ( ! ), to send ~$50 fee and you can only get a loan in #ZUSD to then buy BTC (if you like) once (!) but after that there is no way to BTC => ZUSD on their site and when you try they take the fee and give #DLLR (Sovryn Dollars) instead. Pretty scammy.

But an option for you so you don't have to sell your precious #Bitcoin (been there 🤕).

NFA, i would keep the loan ratio at 500% (so an 80% drop in btc exchange doesn't wipe you out) if possible but that is **a lot of capital** for a protocol i wouldn't recommend and won't let us exit clean.

It doesn’t work because I need collateral not even flash loans because you need money instantly so basically you need collateral. Now I know why #Bitcoin is superior

Replying to Avatar 10Luno

Sorry about your situation #pleb.

NFA, i would try

https://sovryn.app/borrow/line-of-credit

I don't recommend #Sovryn, they have a serious problem with pivoting from explore (different options) to exploit (the one that works) and they have developing country syndrome (i made that up => when poor people get rich they get greedy and stupid): they shutdown Zero when it was working then started it again and now the fees ( ! ), to send ~$50 fee and you can only get a loan in #ZUSD to then buy BTC (if you like) once (!) but after that there is no way to BTC => ZUSD on their site and when you try they take the fee and give #DLLR (Sovryn Dollars) instead. Pretty scammy.

But an option for you so you don't have to sell your precious #Bitcoin (been there 🤕).

NFA, i would keep the loan ratio at 500% (so an 80% drop in btc exchange doesn't wipe you out) if possible but that is **a lot of capital** for a protocol i wouldn't recommend and won't let us exit clean.

Or let’s say you need a very large sum but you can repay them 500 euros a month, can you do that on that app?

Replying to Avatar 10Luno

Sorry about your situation #pleb.

NFA, i would try

https://sovryn.app/borrow/line-of-credit

I don't recommend #Sovryn, they have a serious problem with pivoting from explore (different options) to exploit (the one that works) and they have developing country syndrome (i made that up => when poor people get rich they get greedy and stupid): they shutdown Zero when it was working then started it again and now the fees ( ! ), to send ~$50 fee and you can only get a loan in #ZUSD to then buy BTC (if you like) once (!) but after that there is no way to BTC => ZUSD on their site and when you try they take the fee and give #DLLR (Sovryn Dollars) instead. Pretty scammy.

But an option for you so you don't have to sell your precious #Bitcoin (been there 🤕).

NFA, i would keep the loan ratio at 500% (so an 80% drop in btc exchange doesn't wipe you out) if possible but that is **a lot of capital** for a protocol i wouldn't recommend and won't let us exit clean.

Let’s say I need €3000 euros, do I just, apply and get them?