https://video.nostr.build/0f801592ed7144757f4de318002915c3586965d57eddf392d76937ee5b3f4ed7.mp4

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."

https://www.cnbc.com/2022/04/27/elon-musk-wins-shareholder-lawsuit-over-the-companys-2point6-billion-solarcity-acquisition.html

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......

https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/52affe76da3d24a4e00df6dcb4ac2c28b1a2a3e79855d2a666b5f07a4e66ddb2.webp

https://en.wikipedia.org/wiki/Libertarianism

https://spreadgreatideas.org/contrasts/libertarian-vs-republican/

https://goodparty.org/blog/article/libertarianism-vs-republicanism-contrasting-paths-of-political-thought

To avoid overgeneralization, I suggest reading this first before continuing:

https://www.libertarianism.org/what-is-a-libertarian

"A Libertarian is committed to the principle that liberty is the most important political value. Liberty means being free to make your own choices about your own life, that what you do with your body and your property ought to be up to you. Other people must not forcibly interfere with your liberty, and you must not forcibly interfere with theirs."

A Critical Distinction: Far-right Republicans who claim to be libertarian often hold positions that directly contradict basic libertarian values. While libertarians view state power as the main threat to individual freedom, the far-right regularly supports using government force to impose their social and cultural preferences.

It is important to note that libertarianism originally emerged as a form of left-wing politics, including anti-authoritarian and anti-state socialist philosophies. Modern American libertarianism, which emphasizes free-market capitalism alongside personal liberties, represents a significant divergence from these origins. This historical context matters because it helps explain why libertarianism fundamentally differs from far-right authoritarianism, despite some surface-level agreements on economic issues.

This matters because it's not just about policy disagreements - it's about fundamental principles. Many far-right politicians have borrowed libertarian talking points while advocating for authoritarian policies, creating confusion about what libertarianism actually means.

Fundamental Ideological Conflicts:

1. Role of State Power:

- Far-Right Republicans: Support using government power to enforce traditional moral values and national security interests

- Libertarians: Oppose all government interference in personal choices, emphasizing individual rights over state authority

2. Individual Rights vs. Traditional Values:

- Far-Right Republicans: Support using government power to enforce specific moral and social positions (e.g., restrictions on marriage equality, gender expression/identity, drug use, abortion rights, religious expression)

- Libertarians: Oppose government interference in personal choices regardless of moral views - believe individuals should be free to make their own life decisions as long as they don't harm others' rights to do the same

3. Foreign Policy:

- Far-Right Republicans: Support strong military presence, increased defense spending, and interventionist foreign policy

- Libertarians: Advocate for non-interventionism and oppose warfare, militarism, and nationalism as extensions of state power. Support free trade between peoples but oppose military intervention except in cases of direct attack on the United States. View foreign intervention and military expansion as threats to liberty and peace

4. Immigration:

- Far-Right Republicans: Support strict border control and limited legal immigration

- Libertarians: Support free movement of people as an extension of individual liberty

Areas of Surface Agreement:

- Both groups often advocate for free markets and limited government, though their underlying reasons and desired implementations differ significantly

- Both typically oppose extensive federal regulation, though for different philosophical reasons

Final Note: Yes, there are Republicans who lean libertarian. But far-right positions - especially those calling for government force to impose traditional values or restrict individual rights - are incompatible with libertarian principles of personal freedom and opposition to state power.

P.S. The term "RINO" (Republican In Name Only) typically refers to moderate Republicans, not far-right Republicans or Libertarians.