"Much of the crypto industry is dead. It's never coming back. They are dead man walking. The dream is over. 2018 vision of the world is not going to happen. Reallocate the capital, reallocate the talent, and go somewhere else."
(APompliano) also says simply holding Bitcoin on the balance sheet is not a winning strategy for treasury companies.
TFTC
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Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
Bitcoin's hash rate is down 10% YTD and 15% from its peak while price has fallen 50% since the October all-time high.
ASIC buyer's market.


"There must be government spyware on every mobile device. The user must not be able to shut it off. Administrator rights must be taken from the owner and handed to the government." - @MartyBent & (ODELLXYZ) reads
Mullvad breaks down the UK's spyware proposal.
Saylor: "We will raise a lot of capital with STRC at or above par, but we won't sell STRC even a penny below par."
"What the UK government wants is invisible surveillance infrastructure switched on by default, rushed into law under a cynical pretext." - @MartyBent & (ODELLXYZ)
The Signal Foundation responds to the UK's push to scan all content on all devices.
Hunter Biden on Jake Tapper questioning his family about Biden's mental decline: "Jake 'Brick Tamland' Tapper sits and goes, 'Jill Biden just wrote a book that said she believed in her husband and isn't that a crime.' What are you all fucking talking about?"
Hunter Biden on his pardon: "He chose me over his legacy. That's how much my dad loves me."
Hunter Biden: "Everybody's carrying around a bag of heroin called an iPhone. This country isn't really divided. All that stuff about treason, Hunter Biden being a pedophile, rapist, blah blah... it ain't real, man."
Hunter Biden says he wants to talk to Nick Fuentes.
"My first question to him will be 'why are you such a Nazi?'"
"We don't hate each other, we're being told to hate each other. That's why I want to go on Candace Owens. I want to go talk to Tucker."
"18 to 35 year olds, draft age generation, they're angry, man. They just want to belong. They want to feel like they have some control. A generation that lost two years of their life in COVID, and we don't even remotely recognize the trauma of that."
"When you get thrown in the cage by the government, you have no autonomy. You're at the whim of bureaucrats." - @MartyBent & (ODELLXYZ)
Samourai Wallet dev Keonne Rodriguez denied furlough, transferred to unknown prison via Oklahoma. Free Samourai.
"Incumbents are always going to fear the future. The CFTC stands ready to ensure America remains the crypto capital of the world." - CFTC Chairman Mike Selig
"We will continue to provide pathways for crypto, prediction markets, and other innovations to be offered within the US while protecting investors with world class regulation." - CFTC Chairman Mike Selig
Elon Musk is now worth about as much as the world’s next four richest people combined.


Elon Musk is officially the world's first trillionaire


Portnoy swinging for the fences with $SPCX.
Saylor at @BTC Prague: “Bitcoin is a revolutionary advance. Instead of capital that lasts a hundred years it’s a capital that can last a thousand years. Because Bitcoin is deflationary, it has a half-life of infinity.”
Sam Bankman-Fried loses appeal of his fraud conviction and 25-year prison sentence.
A three-judge panel in Manhattan upheld the conviction, calling SBF the "main driver of one of the largest frauds on record" and describing the government's evidence against him as "robust."
The court rejected SBF's claims that his trial was "fundamentally unfair" and that the judge was biased against him.
This comes just days after SBF formally applied for a presidential pardon from Trump, telling Fox Business from his prison cell that he "absolutely" wants one. Trump said in January he has no intention of granting it.
25 years stands.


Elon Musk just rang the NASDAQ opening bell for the largest IPO in history.
"You must be smoking some really good crack."
Elon Musk on how he would've reacted if someone told him SpaceX would one day launch the biggest IPO ever.
DNI Gabbard just declassified evidence of US government funding for 120+ biolabs across 30+ countries, including Ukraine.