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_5uxp

2 karma · joined July 31, 2023

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_5uxp··on Liz Truss resigns as UK prime minister
So with all information, they must be expert as a how to steal from common man in a more sophisticated way? I mean it just gets more advanced each decade. How they distract via what PM says or do, it is soo good that I admire now.
_5uxp··on Bernard Arnault Sells Private Jet So People Won't Track Him
Maybe that's why we don't hear much about travels of Warren Buffett. He could be doing/buying every expensive thing in some island in remote place, we have 0 chance of knowing it.
_5uxp··on Bernard Arnault Sells Private Jet So People Won't Track Him
or just buy/start a private jet charter company so no way public can know where go etc. while making money.
_5uxp··on Chainalysis CTO said blockchain is easier to trace than paper money
So we are reading "Bitcoin has failed." for the 24982424 time and this time from a VC that writes on medium? Bad take.
_5uxp··on Elon Musk’s Texts Shatter the Myth of the Tech Genius
Ofc, must be little or no competence to create rocket company and making electric cars real for the entire world. Not supporting him but what he "lead" is beyond most. Just the leading part.
_5uxp··on Tether ordered to produce documents showing backing of USDT [pdf]
full backing with what exactly? You are joking right? Only powerful US army is backing it, nothing else.
_5uxp··on Former Coinbase PM charged in cryptocurrency insider trading tipping scheme
https://news.ycombinator.com/item?id=30797879

I asked but now we get some details, lol

_5uxp··on Does anyone here realize that only possible way to get big ROI is/was crypto?
Yes but we it can be more normal and possible time to time, depending on how FED feels. Because there is literally more money and debt in the entire financial system compared to any time in human history so it can make thing less efficent. Unlike made up things like efficient market hypothesis.

Nice list but since crypto is fraud etc, historically countries had colonies, slaves and many rich made also this way. Wars were funded by rich, elite or defence industry, recent example is how much arms they left and spend in Afganistan?

Why not mention any of those also? am I just wrong?

_5uxp··on Does anyone here realize that only possible way to get big ROI is/was crypto?
Ok but how did recent stocks that crashed funded by then? Your retirement fund and money printer along with retail?
_5uxp··on Does anyone here realize that only possible way to get big ROI is/was crypto?
No, almost all gambling products and companies limit accounts that turn profit, so 10x is out of way for big money there, even one correctly win the games they offer.
_5uxp··on Does anyone here realize that only possible way to get big ROI is/was crypto?
Inv. banks financially engineer really good or great IPO opening price so retail gets little returns, it's also part of class war we have.

Crypto has scams etc. but it's not engineered to steal any profit from retail.

_5uxp··on Ask HN: Am I going insane or is there genuinely no value in blockchain tech?
Yes but "crypto" is also can be put under entire new asset class. It's slowly growing along with fiat based financial system.
_5uxp··on Stock Generation Internet Ponzi Scheme
It just reminds me recent tech IPO's.
_5uxp··on Ask HN: Am I going insane or is there genuinely no value in blockchain tech?
What exactly is fiat based financial system to you? Can you say it's abs. not a ponzi scheme for baby boomers and corporate America?

Because I can't. It's wealth oppur. destrying system only to create wealth for certain age group with assets and their friends.

Millennials and newer gener. are out of most of the "real "financial oppr. by design. So they create their system. It's that simple.

_5uxp··on Insider Trading at Coinbase
related https://news.ycombinator.com/item?id=30797879
_5uxp··on Does anyone know how much teams working at crypto exchanges make from insider T?
I forgot to add one of the greatest example from crypto history, Charlie Lee of Coinbase. BCH trading was spectacular in few exchanges too.
_5uxp··on Take-Two to acquire mobile gaming giant Zynga for $12.7B
Whoever made the IPO price suggestion in inv. bank must have been promoted really well and made a great bank then. I mean dumping to retail on IPO is the way for them, just a rare old example. New ones are much much better for them, see, UBER, ABNB, COIN, PINS so on.
_5uxp··on Ask HN: Why crypto is rising so fast when its not creating value?
because it has "risk" and "real" return possibility. Unlike stock market where boombers finance and exits their IPO to consumers. VCs get 1000x consumers maybe few times or less. Does that make sense?

No gambling gives you possiblity to do 1000x but crypto does and for so many times over the years. To anyone that says ponzi, what do you think Financial system with fiat money is? Does anyone even here mention how boombers and very rich families get 100m or many times bigger loans with stocks for very very low interes rates? why are they allowed to and what are they risking, exactly? is there even a risk?

_5uxp··on Cryptoqueen: A woman scammed the world, then vanished (2019)
Entire financial system is a bigger scam and pumped by unlimited fiat printing that lend to certain people/banks/business at no cost.

What are you talking about?

_5uxp··on Coinbase from YC to DPO
That's exactly why you don't even have 1 million, lol.
_5uxp··on Coinbase’s listing may break records
Yeah but Coinbase has trend behind them. Who cares about others when nobody talks? Nikola as an ENTIRELY fake company made it to billions of valuation and stayed there for months while everyone could easily prove it! with help of media too! So when valuing big companies just with revenue and calculations is bit wrong and misses trends and such, especially recently. This market is irrational and bit of scam too.
_5uxp··on How People Get Rich Now
Royal families and dictators are big secret. There is an ongoing mystery about lose of a $128B (yes billion!) in my countries (Turkey) CB budget which they don't talk or give any clue and it's just a recent thing. Imagine beyond this, offshore accounts and freeports.
_5uxp··on Ask HN: Where can I, a non-American, legally bet on the U.S. election?
https://www.pinnacle.com/en/politics/2020-presidential-elect...
_5uxp··on Organ donation in England has moved to an opt-out system
Except they're also "constitutional monarchy" so there is that.
_5uxp··on Ask HN: Amazon bought Alexa.com just so that it could use the name?
Alexa.com acquired in 1999. I don't think what you're saying make sense. There is a decade difference.
_5uxp··on Show HN: Offer Bitcoin as incentives to contributors of your project, business
Millennial's and their future is being stolen with incredible amount of debt creation by boombers and more. So Crypto might offer more than "early retirement". When one class use its all power to ensure certain financial restrictions on returns an opportunities. It's expectable that people looking for other things to get real publicly available returns.
_5uxp··on SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb
There is almost no way to make it big from bottom with just playing safe. Bigger the uncertainty bigger the upside potential.
_5uxp··on How coffee took over the world
"breakfast" in Turkish is "kahvaltı" comes from words for after coffee.
_5uxp··on “We already store data. In a database. It works well”
Such a scam that more than %90 of it's entire price history made profit for anyone that bought it. Such a scam that you don't need any permission to sell or buy and gives you a returns that are not possible in any asset for public. It might not be the best store of value all the time or similar but in certain time frames, it's risk/reward ratio is beyond anything that's exist in investment world. Especially for public.
_5uxp··on U.S. immigration policy has been a boon for the tech industry in Canada
Saudi Arabia being in top 10, makes this list and how they conduct it makes very reliable though. I can't even think one reason to move there yet this list says it
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