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<blockquote data-quote="wjschmaltz" data-source="post: 354021" data-attributes="member: 6150"><p>Man, I wish I had time to take everyone down the rabbit hole today.......</p><p></p><p>But I got a busy day planned. Look at WHY the market is down. It's not because there is something systematically wrong with BTC, it's because one exchange failed. An exchange (FTX) that was started a week after Biden announced his presidency by a kid whose parents are MIT professors and major democratic donors (Mom started the open secrets money laundering website), whose boss was Gary Gensler, whose boss is Glenn Ellison, whose daughter is the CEO of Alameda (the company that lost all of FTX's money with over leveraged positions). FTX was the #2 donor to Biden in 2020 after George Soros. FTX was planning on giving a billion dollars to democrats in 2024. FTX was the ONLY company ever invited to Washington to testify (in front of Gary Gensler). They were exposed by a pissed off rival and it all came crashing down. They were doing the exact same things the banks do with your money, the only difference is the rival had too much of a share which gave him the power to burn it down!</p><p></p><p>Anyways, don't buy crypto right now. And sure as hell don't have any on an exchange. We're going to see a couple more exchanges follow the path of FTX. Still 1.5 years til the next havening. Everything is right on time. Don't rush the process.</p></blockquote><p></p>
[QUOTE="wjschmaltz, post: 354021, member: 6150"] Man, I wish I had time to take everyone down the rabbit hole today....... But I got a busy day planned. Look at WHY the market is down. It's not because there is something systematically wrong with BTC, it's because one exchange failed. An exchange (FTX) that was started a week after Biden announced his presidency by a kid whose parents are MIT professors and major democratic donors (Mom started the open secrets money laundering website), whose boss was Gary Gensler, whose boss is Glenn Ellison, whose daughter is the CEO of Alameda (the company that lost all of FTX's money with over leveraged positions). FTX was the #2 donor to Biden in 2020 after George Soros. FTX was planning on giving a billion dollars to democrats in 2024. FTX was the ONLY company ever invited to Washington to testify (in front of Gary Gensler). They were exposed by a pissed off rival and it all came crashing down. They were doing the exact same things the banks do with your money, the only difference is the rival had too much of a share which gave him the power to burn it down! Anyways, don't buy crypto right now. And sure as hell don't have any on an exchange. We're going to see a couple more exchanges follow the path of FTX. Still 1.5 years til the next havening. Everything is right on time. Don't rush the process. [/QUOTE]
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