Remember when the BBC reported that The Solaman Brothers building (tower 7) had collapsed, whilst it stood behind the reporter.
Watch this.
How does it make you feel?
Daniel Prince
princey@primal.net
npub1hghn...fyz2
Host of the Once Bitten Bitcoin Podcast - https://bit.ly/3Cmvz30
Author of Choose Life - Escaping Fiat Hell - https://bit.ly/41F1BC0
GM.
Bitcoin only
BREAKING:
Northern European Astronomers Association to disband after not seeing the sky for months.
Ok.
So here is the NOSTR version of my Tweet this morning about $TRUMP
So, why did $TRUMP choose to start a shitcoin and why on Solana?
Shall we follow the 'MoNeY' to find out if there are any conflicts of interest and misaligned incentives?
1. Who is David Sacks and why was he chosen to be the CrYptO Czar for Trump's administration?
He is a general partner of Craft Ventures, a venture capital fund he co-founded in late 2017.
Craft ventures focus on 'Leaders in B2B software'.
And also seem to have a keen interest on anything Musk is building.
Including:
Space X
X
XAi (grok)
and even The Boring Company, weird.
Ok, so is there any connection to Musk?
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:
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."
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.
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.
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."
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."
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.
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:
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......
Craft Ventures - Portfolio
This is the portfolio for Craft Ventures working with SaaS clients and many more.

Why we Invested in Multicoin
Multicoin Capital recently announced an impressive list of new investors, of which we are excited to be a part. Crypto is a unique asset class that...

About
Multicoin Capital is a thesis-driven cryptofund that invests in tokens and companies reshaping entire sectors of the global economy

Portfolio
Multicoin Capital is a thesis-driven cryptofund that invests in tokens and companies reshaping entire sectors of the global economy

The World Computer Should Be Logically Centralized
Vitalik conceived Ethereum as the world computer: a single, composable, open, permissionless state machine that could run trust-minimized code.

CNBC
Elon Musk wins shareholder lawsuit over Tesla's $2.6 billion SolarCity acquisition
Tesla shareholders alleged that Tesla buying the solar installer amounted to a bailout, pushed through by Elon Musk who sat on both company boards ...
Lyndon Rive - Wikipedia
Elon Musk cousins: Meet Lyndon and Peter Rive, age, jobs, family – Ghanafuo News

NewsBTC
Elon Musk’s Cousin Among First Investors In Solana: Expert Reveals
MartyParty has renewed interest in the early investment patterns around Solana, particularly Lyndon Rive, a cousin of Elon Musk.
Absolutely beautiful freezing cold winters' day in SE England.
So wait, do planes not fly on Sundays?
Where are the mile long white lines criss- crossing the skies that hang in the air for hours on end that slowly disperse to cause a milky blanket?
I thought condensation trails occured at high altitude and freezing cold conditions?
Wow, I must be so dumb to not understand jet engines and meteorological phenomena.
I wish there were some experts out there who could explain it.
Enjoy the natural skies for now, plebs.
Happy Sunday 🙏 

Quick reminder.
Digital ID is the ultimate goal.
Stay vigilant.
Stop simping for politicians, they are placed for reasons, not by your vote.
This clip recently came across my radar.
For Non-Brits, this was a classic Sitcom aired in the 60's and 70's.
You can see the early psyops at play.
Everything is true or has played out to be true.
"Don't buy something just because it is cheap"
- Thomas Jefferson.
"Unless it's #bitcoin and bitcoin is always cheaper today than in the future"
- Psychopath Dark Tetrad Bitcoin Maxi Plebs.
Turns out my Zaps were disabled.
Fixed now after a quick chat with the Primal lads.
We are so early.
And this shit is fun!
Onwards.
Now up on YT.
@satmojoe sat down with me and Lauren to talk about his #bitcoin presentation which is currently doing the rounds!
GM


No More Inflation!
Once Bitten is now up on YT with @BitcoinShooter
Some rabbit holes are only reserved for the brave.
You ready to follow the @RedTailHawk1923
?
Stolen Science part 6.


Fountain: Podcasts & Music
Once Bitten! A Bitcoin Podcast. • Stolen Science Part 6. Earth's Megnetic Field And Pole Shift. @RedTailHawk1923 - #514 • Listen on Fountain
The Rabbit Hole You Were Least Expecting.
$ BTC 94,016
Block Height 876,629
Today's guest on the show is @RedTailHawk1923 who joins me to take us a...
#Homeschool is firmly on the table for all ages.
Please consider the implications of NOT feeding your child into the State School Compulsory Indoctrination System.
@Michael Saylor gotchu, fam.
test
Yeah, Lauren went there.
She asked @jimmysong why he wears the hat 😬
Ep available on Fanfares for 2100 sats.
No ads, no intro, no mid roll, no outtro, just the good stuff.
https://fanfares.io/player/c3f356b93e2c90d529dcb9061cd7510791a1c3569d9a7e5b773f6da5d16ece08
If you listened or watched my rip with @WalkerAmerica about #homeschool and separating #Education from state you might want to follow up with some reading Material.
A short list is below.
John Holt - How Children Learn, teach Your own, How children fail.
Peter Gray - Free To Learn
John Taylor Gatto - Dumbing Us Down, Weapons Of Mass Instruction and The underground history of the American education system.
Naomi Fischer - Changing Our Minds and A Different Way To Learn
Ivan Illic - Deschooling Society
Murray Rothbard -Education, free and compulsory
Gabor Mate - Hold On To Your Kids
Sir Ken Robinson - Finding Your Element and You, Your Child And School.
Ana Fabrega - The Learning Game
Episode 505 of The Once Bitten Podcast has just dropped on
@fountain_app
@longy528 and @aarondornhair join me to talk about Bitcoin, music,
@wavlake and the cultural revolution.


Fountain: Podcasts & Music
Once Bitten! A Bitcoin Podcast. • Bitcoin, Music And The Cultural Revolution. @longy528 @aarondornhair #505 • Listen on Fountain
How are Bitcoin, Musicians, Wavlake and Fountain App converging to drive a cultural revolution?
$ BTC 96,801
Block Height 871,755
Today's guests on...
The revolving door begins to turn.
Which #Bitcoin ETF will Gensler end up at?
https://finance.yahoo.com/news/sec-chair-gensler-step-down-183239244.html
Wen NOSTR/ Twitter follower flippening?
Wild to think this is happening in 1 year compared to 14 yrs on Twitter!
20,9k v 36k