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Oh I do want Binance to perish, just not like this.

My bet is Binance exits the US, and they pay only a fraction of the $4B - taking refuge in China. Untouchable. Of course this news, of not honoring the US fine would never merit a press briefing.

Or alternatively, the US doesn't expect them to really pay the full 4B. The true objective may be to set a public narrative against "crypto". TerRoRiStS and all that.

Logically, customer deposits will be tapped or at least put into extreme danger (ala FTX style) to make good on this "fine".

My bet is that US customers' assets will be converted first. It's what I'd do.

🤔 Wondering if the US sets up a fine payment plan, and a convenient auto-ACH withdrawal.

Replying to Avatar Lyn Alden

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

Oh and you recommended a great band once via Twitter, The Warning. 🎸

Replying to Avatar Lyn Alden

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

Because of Elon I learned how to spell "guillotine" without having to think about the letters any more. 🤷‍♀️ And my days at Twitter are thusly over. 👏👏

Made me notice Nostr is absolutely superior; and I get to watch it grow in leaps and bounds. 🧡

It's not a matter of *IF*, with this question. 😂

Is this guy too passive to even risk uppercase letters to start a sentence?

Was the real stink over at Open-AI about the obvious biases and political correctness they've handicapped their product with; as an attempt to kowtow to the political useless class?

Lots of great posts and conversation here now, and growing. May as well stay Kman. 💪

They were time travelers (via prayer?) and saw the country was going to be plagued by:

- Non-citizen voters

- Infringements of right to self defence

- Central banking

- A Non-US born president

Among many other foresights.

IBEX has a Bitcoin+lightning service very similar to traditional merchant accounts. It's an easy turn key on ramp for vendors.

Which part of this phrase has any link to our reality today?

"Land of the free. Home of the brave"

The only braveness I see originates from those who hate the state.

Replying to Avatar andre21

Breedlove was right...

So many conversations with friends and family: "Hey you're into Bitcoin, and work in Bitcoin, what's the price nowadays?"

Me trying to think.. and I finally reply, "you know.. I have no idea. But I do know it's going up forever vs the dollar. And I buy(keep) as much as humanly possible every month."