• Crypto lender BlockFi files for bankruptcy

    From Hisler@21:1/5 to All on Mon Nov 28 09:42:32 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming the
    latest casualty of crypto contagion following the collapse of FTX.

    Why it matters: The dominoes continue to fall in the crypto world, as a
    series of bad bets and a market plunge has sent companies like FTX into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of
    contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today is the introduction of large-scale lending to the sector. And with lending
    comes a new kind of risk — counterparty risk — that crypto still hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    -------------------------------------------------------------------------

    Oy vey! The tropes just keep on coming.


    --
    "Build Back Better means Destroy More Quickly."

    "We have put together, I think, the most extensive and inclusive voter
    fraud organization in the history of American politics." -Joe Biden


    https://www.globalgulag.us

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From 26C.Z969@21:1/5 to Hisler on Tue Nov 29 23:27:03 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On 11/28/22 11:42 AM, Hisler wrote:
    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming the
    latest casualty of crypto contagion following the collapse of FTX.

    Why it matters: The dominoes continue to fall in the crypto world, as a series of bad bets and a market plunge has sent companies like FTX into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of
    contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today is the introduction of large-scale lending to the sector. And with lending
    comes a new kind of risk — counterparty risk — that crypto still hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    -------------------------------------------------------------------------

    Oy vey!  The tropes just keep on coming.

    I suspect there's going to be something of a domino effect
    here. The value of crypto is what people BELIEVE it is ...
    plus some of the crypto orgs buy into each other. Well,
    "faith" has been undermined a bit and anyone attached to
    FTX is gonna suffer a loss right there.

    I do not expect crypto to DIE ... but there's gonna be
    a reset.

    Oh yea, El Salvador has based its entire currency on
    crypto - that can be BAD BAD BAD. Expect almost the
    entire country to head for the US border ......

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Hisler@21:1/5 to All on Tue Dec 13 11:06:47 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On 11/29/2022 9:27 PM, 26C.Z969 wrote:
    On 11/28/22 11:42 AM, Hisler wrote:
    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming the
    latest casualty of crypto contagion following the collapse of FTX.

    Why it matters: The dominoes continue to fall in the crypto world, as
    a series of bad bets and a market plunge has sent companies like FTX
    into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of
    contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today is the
    introduction of large-scale lending to the sector. And with lending
    comes a new kind of risk — counterparty risk — that crypto still
    hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    -------------------------------------------------------------------------

    Oy vey!  The tropes just keep on coming.

      I suspect there's going to be something of a domino effect
      here. The value of crypto is what people BELIEVE it is ...
      plus some of the crypto orgs buy into each other. Well,
      "faith" has been undermined a bit and anyone attached to
      FTX is gonna suffer a loss right there.

      I do not expect crypto to DIE ... but there's gonna be
      a reset.

      Oh yea, El Salvador has based its entire currency on
      crypto - that can be BAD BAD BAD. Expect almost the
      entire country to head for the US border ......

    Send them to Bankman-Fried's mansion in the Bahamas or to the Democratic politutes who Bankman-Friedstein gave illegal campaign donations to.

    https://dailycaller.com/2022/12/13/sam-bankman-fried-indicted-fraud-eight-counts/

    --
    "Build Back Better means Destroy More Quickly."

    "Title 8, U.S.C. § 1324(a) defines several distinct offenses related to aliens. Subsection 1324(a)(1)(i)-(v) prohibits alien smuggling, domestic transportation of unauthorized aliens, concealing or harboring
    unauthorized aliens, encouraging or inducing unauthorized aliens to
    enter the United States, and engaging in a conspiracy or aiding and
    abetting any of the preceding acts. Subsection 1324(a)(2) prohibits
    bringing or attempting to bring unauthorized aliens to the United States
    in any manner whatsoever, even at a designated port of entry. Subsection 1324(a)(3)."

    "We have put together, I think, the most extensive and inclusive voter
    fraud organization in the history of American politics." -Joe Biden

    "C'mon man! If you didn't vote for me , you ain't black ." Joe Biden -

    "Poor children can be just as smart as White children." -- Joe Biden

    “The war is not meant to be won, it is meant to be continuous.
    Hierarchical society is only possible on the basis of poverty and
    ignorance.” - George Orwell

    https://www.globalgulag.us

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From 26C.Z969@21:1/5 to Hisler on Wed Dec 14 23:54:59 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On 12/13/22 1:06 PM, Hisler wrote:
    On 11/29/2022 9:27 PM, 26C.Z969 wrote:
    On 11/28/22 11:42 AM, Hisler wrote:
    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming the
    latest casualty of crypto contagion following the collapse of FTX.

    Why it matters: The dominoes continue to fall in the crypto world, as
    a series of bad bets and a market plunge has sent companies like FTX
    into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of
    contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today is
    the introduction of large-scale lending to the sector. And with
    lending comes a new kind of risk — counterparty risk — that crypto
    still hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    ------------------------------------------------------------------------- >>>

    Oy vey!  The tropes just keep on coming.

       I suspect there's going to be something of a domino effect
       here. The value of crypto is what people BELIEVE it is ...
       plus some of the crypto orgs buy into each other. Well,
       "faith" has been undermined a bit and anyone attached to
       FTX is gonna suffer a loss right there.

       I do not expect crypto to DIE ... but there's gonna be
       a reset.

       Oh yea, El Salvador has based its entire currency on
       crypto - that can be BAD BAD BAD. Expect almost the
       entire country to head for the US border ......

    Send them to Bankman-Fried's mansion in the Bahamas or to the Democratic politutes who Bankman-Friedstein gave illegal campaign donations to.

    https://dailycaller.com/2022/12/13/sam-bankman-fried-indicted-fraud-eight-counts/

    Heh, heh ... they've been VERY quiet about all
    those illegal contributions - really BIG and
    BROAD illegal contributions :-)

    Why, you'd almost think FTX was designed and run
    entirely as a DNC money tree ........

    Expect a lot of the employees to disappear
    or "commit suicide" real soon now. The money
    trail will vanish before any 'investigations'
    can begin.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Hisler@21:1/5 to All on Wed Dec 14 22:20:10 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On 12/14/2022 9:54 PM, 26C.Z969 wrote:
    On 12/13/22 1:06 PM, Hisler wrote:
    On 11/29/2022 9:27 PM, 26C.Z969 wrote:
    On 11/28/22 11:42 AM, Hisler wrote:
    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming the
    latest casualty of crypto contagion following the collapse of FTX.

    Why it matters: The dominoes continue to fall in the crypto world,
    as a series of bad bets and a market plunge has sent companies like
    FTX into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of
    contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today is
    the introduction of large-scale lending to the sector. And with
    lending comes a new kind of risk — counterparty risk — that crypto >>>> still hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    ------------------------------------------------------------------------- >>>>
    Oy vey!  The tropes just keep on coming.

       I suspect there's going to be something of a domino effect
       here. The value of crypto is what people BELIEVE it is ...
       plus some of the crypto orgs buy into each other. Well,
       "faith" has been undermined a bit and anyone attached to
       FTX is gonna suffer a loss right there.

       I do not expect crypto to DIE ... but there's gonna be
       a reset.

       Oh yea, El Salvador has based its entire currency on
       crypto - that can be BAD BAD BAD. Expect almost the
       entire country to head for the US border ......

    Send them to Bankman-Fried's mansion in the Bahamas or to the
    Democratic politutes who Bankman-Friedstein gave illegal campaign
    donations to.

    https://dailycaller.com/2022/12/13/sam-bankman-fried-indicted-fraud-eight-counts/

      Heh, heh ... they've been VERY quiet about all
      those illegal contributions - really BIG and
      BROAD illegal contributions   :-)

      Why, you'd almost think FTX was designed and run
      entirely as a DNC money tree ........

      Expect a lot of the employees to disappear
      or "commit suicide" real soon now. The money
      trail will vanish before any 'investigations'
      can begin.

    Indeed. Check this out:

    https://www.rt.com/news/568254-us-struggling-track-ukraine-aid/

    Washington is seeking technological solutions to the problem of weapons diversion, according to a cable seen by the outlet
    US struggling to track Ukraine aid – Politico

    The administration of US President Joe Biden is turning to the
    blockchain and other tech-based solutions amid mounting calls for
    oversight of over $50 billion in aid pledged to Ukraine this year,
    according to a State Department cable seen by Politico on Wednesday.

    Reportedly signed by the US Ambassador to Kiev, Bridget Brink, on
    September 6, the nine-page “sensitive but unclassified” document laments that “kinetic activity and active combat between Ukrainian and Russian
    forces creates an environment in which standard verification measures
    are sometimes impracticable or impossible.”

    The State Department declined to comment on the document's contents,
    merely stating that it “takes very seriously our responsibility to
    ensure appropriate oversight of all US assistance.”

    Washington’s options for imposing order on uncontrollable spending in
    Ukraine reportedly include “a commercial smartphone app that uploads all photo and video media onto a blockchain at the point of capture,”
    delegating equipment inspections to the Ukrainian military in the
    absence of Western contractors willing to work in “high-risk” areas, and requiring photographic proof that aid has been received, especially in
    “hard to reach areas.” The use of management consultants to “review
    [and] identify gaps” in oversight was also recommended.

    With members of both parties demanding stricter oversight of taxpayer
    funding to Kiev, Washington is reportedly assembling a dedicated program focused solely on overseeing aid to Ukraine under the heading MEASURE (Monitoring, Evaluation and Audit Services for Ukraine Reporting). This
    will apparently operate alongside the many inspectors general tasked
    with overseeing aid spending for the Pentagon, State Department, USAID
    and other agencies.

    Politico’s cable sets out a March timeline for MEASURE’s launch, with a three-year contract.

    Earlier this month, Nigerian president, Muhammadu Buhari, alerted other regional leaders that western weapons earmarked for Ukraine had
    reportedly surfaced in the hands of militant groups in the African
    Sahel. Interpol head Jurgen Stock has warned as far back as June that
    weapons sent to Ukraine would likely “be trafficked not only to
    neighboring countries but to other continents.”

    Even when aid shipments make it to the Ukrainian military, they are
    often used to illegally attack civilians, especially in the absence of
    US or international oversight, University of Pittsburgh human rights
    professor Daniel Kovalik told the UN Security Council earlier this month.

    Russia’s envoy to the UN, Vassily Nebenzia, last week warned the US and
    its allies that there would be “concrete legal repercussions” for those
    who supplied the weapons used by Kiev in criminal acts.

    Reader comment:

    No profits in tracking anything in the US. Illegal immigrants or Visa
    workers, Bankster bailouts, Ponzi scheme deficit spending, Deep State
    Budgets, Covid no payback loans, you name it. Banksters rule the US so
    no tracking will ever happen until 10 years later then no one will care.
    The usual Modus Operandi.
    --
    "Build Back Better means Destroy More Quickly."

    "Title 8, U.S.C. § 1324(a) defines several distinct offenses related to aliens. Subsection 1324(a)(1)(i)-(v) prohibits alien smuggling, domestic transportation of unauthorized aliens, concealing or harboring
    unauthorized aliens, encouraging or inducing unauthorized aliens to
    enter the United States, and engaging in a conspiracy or aiding and
    abetting any of the preceding acts. Subsection 1324(a)(2) prohibits
    bringing or attempting to bring unauthorized aliens to the United States
    in any manner whatsoever, even at a designated port of entry. Subsection 1324(a)(3)."

    "We have put together, I think, the most extensive and inclusive voter
    fraud organization in the history of American politics." -Joe Biden

    "C'mon man! If you didn't vote for me , you ain't black ." Joe Biden -

    "Poor children can be just as smart as White children." -- Joe Biden

    “The war is not meant to be won, it is meant to be continuous.
    Hierarchical society is only possible on the basis of poverty and
    ignorance.” - George Orwell

    https://www.globalgulag.us

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From 26C.Z969@21:1/5 to Hisler on Thu Dec 15 02:17:08 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On 12/15/22 12:20 AM, Hisler wrote:
    On 12/14/2022 9:54 PM, 26C.Z969 wrote:
    On 12/13/22 1:06 PM, Hisler wrote:
    On 11/29/2022 9:27 PM, 26C.Z969 wrote:
    On 11/28/22 11:42 AM, Hisler wrote:
    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming
    the latest casualty of crypto contagion following the collapse of FTX. >>>>>
    Why it matters: The dominoes continue to fall in the crypto world,
    as a series of bad bets and a market plunge has sent companies like
    FTX into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of
    contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today is
    the introduction of large-scale lending to the sector. And with
    lending comes a new kind of risk — counterparty risk — that crypto >>>>> still hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    ------------------------------------------------------------------------- >>>>>

    Oy vey!  The tropes just keep on coming.

       I suspect there's going to be something of a domino effect
       here. The value of crypto is what people BELIEVE it is ...
       plus some of the crypto orgs buy into each other. Well,
       "faith" has been undermined a bit and anyone attached to
       FTX is gonna suffer a loss right there.

       I do not expect crypto to DIE ... but there's gonna be
       a reset.

       Oh yea, El Salvador has based its entire currency on
       crypto - that can be BAD BAD BAD. Expect almost the
       entire country to head for the US border ......

    Send them to Bankman-Fried's mansion in the Bahamas or to the
    Democratic politutes who Bankman-Friedstein gave illegal campaign
    donations to.

    https://dailycaller.com/2022/12/13/sam-bankman-fried-indicted-fraud-eight-counts/


       Heh, heh ... they've been VERY quiet about all
       those illegal contributions - really BIG and
       BROAD illegal contributions   :-)

       Why, you'd almost think FTX was designed and run
       entirely as a DNC money tree ........

       Expect a lot of the employees to disappear
       or "commit suicide" real soon now. The money
       trail will vanish before any 'investigations'
       can begin.

    Indeed.  Check this out:

    https://www.rt.com/news/568254-us-struggling-track-ukraine-aid/

    Washington is seeking technological solutions to the problem of weapons diversion, according to a cable seen by the outlet
    US struggling to track Ukraine aid – Politico

    The administration of US President Joe Biden is turning to the
    blockchain and other tech-based solutions amid mounting calls for
    oversight of over $50 billion in aid pledged to Ukraine this year,
    according to a State Department cable seen by Politico on Wednesday.


    Ok ... I know you're hot on bashing Ukraine, however
    I really don't GIVE MUCH OF A SHIT about a little
    "diversion" and such there. That's normal. It's
    also a SMALL price to pay for setting the fuckin'
    Russkies back about 25 years. Our efforts are
    making them BURN resources - human/political/military -
    real real fast. So then I DON'T CARE if an odd
    Patriot battery gets sold to Thailand, it's the
    BIGGER PICTURE that's important here.

    As for the FTX issue - I'm increasingly convinced
    it WAS designed from the get-go as a DNC money tree.
    That useful idiot was put "in charge" just to be the
    fall guy when all the money was disappeared into
    DNC/lefty coffers. Soros is rich, but THIS funding
    scheme was worth a dozen of him.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Hisler@21:1/5 to All on Thu Dec 15 11:42:55 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On 12/15/2022 12:17 AM, 26C.Z969 wrote:
    On 12/15/22 12:20 AM, Hisler wrote:
    On 12/14/2022 9:54 PM, 26C.Z969 wrote:
    On 12/13/22 1:06 PM, Hisler wrote:
    On 11/29/2022 9:27 PM, 26C.Z969 wrote:
    On 11/28/22 11:42 AM, Hisler wrote:
    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming
    the latest casualty of crypto contagion following the collapse of
    FTX.

    Why it matters: The dominoes continue to fall in the crypto world, >>>>>> as a series of bad bets and a market plunge has sent companies
    like FTX into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of
    contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today is >>>>>> the introduction of large-scale lending to the sector. And with
    lending comes a new kind of risk — counterparty risk — that crypto >>>>>> still hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    -------------------------------------------------------------------------

    Oy vey!  The tropes just keep on coming.

       I suspect there's going to be something of a domino effect
       here. The value of crypto is what people BELIEVE it is ...
       plus some of the crypto orgs buy into each other. Well,
       "faith" has been undermined a bit and anyone attached to
       FTX is gonna suffer a loss right there.

       I do not expect crypto to DIE ... but there's gonna be
       a reset.

       Oh yea, El Salvador has based its entire currency on
       crypto - that can be BAD BAD BAD. Expect almost the
       entire country to head for the US border ......

    Send them to Bankman-Fried's mansion in the Bahamas or to the
    Democratic politutes who Bankman-Friedstein gave illegal campaign
    donations to.

    https://dailycaller.com/2022/12/13/sam-bankman-fried-indicted-fraud-eight-counts/


       Heh, heh ... they've been VERY quiet about all
       those illegal contributions - really BIG and
       BROAD illegal contributions   :-)

       Why, you'd almost think FTX was designed and run
       entirely as a DNC money tree ........

       Expect a lot of the employees to disappear
       or "commit suicide" real soon now. The money
       trail will vanish before any 'investigations'
       can begin.

    Indeed.  Check this out:

    https://www.rt.com/news/568254-us-struggling-track-ukraine-aid/

    Washington is seeking technological solutions to the problem of
    weapons diversion, according to a cable seen by the outlet
    US struggling to track Ukraine aid – Politico

    The administration of US President Joe Biden is turning to the
    blockchain and other tech-based solutions amid mounting calls for
    oversight of over $50 billion in aid pledged to Ukraine this year,
    according to a State Department cable seen by Politico on Wednesday.


      Ok ... I know you're hot on bashing Ukraine, however
      I really don't GIVE MUCH OF A SHIT about a little
      "diversion" and such there. That's normal. It's
      also a SMALL price to pay for setting the fuckin'
      Russkies back about 25 years. Our efforts are
      making them BURN resources - human/political/military -
      real real fast. So then I DON'T CARE if an odd
      Patriot battery gets sold to Thailand, it's the
      BIGGER PICTURE that's important here.

      As for the FTX issue - I'm increasingly convinced
      it WAS designed from the get-go as a DNC money tree.
      That useful idiot was put "in charge" just to be the
      fall guy when all the money was disappeared into
      DNC/lefty coffers. Soros is rich, but THIS funding
      scheme was worth a dozen of him.

    https://babylonbee.com/news/zelensky-seen-sitting-on-mall-santas-lap-asking-for-another-50-billion

    RESEDA, CA — A small commotion broke out and stopped Christmas shoppers
    in their tracks at a local mall today, as Ukraine President Volodymyr
    Zelensky was seen sitting on the mall Santa's lap and overheard asking
    for an additional $50 billion in funding for his nation's ongoing war
    against Russia.

    "I have been quite a very good boy this year," Zelensky was heard
    telling Santa. "I solemnly request that you give me another $50 billion
    to help us in our courageous crusade against the evil Russian invaders."

    Witnesses reported seeing Santa nodding politely as Zelensky spoke,
    despite the obvious discomfort that came with having a grown man sitting
    on his lap. "He initially started rattling off a long list of what
    sounded like advanced military weaponry that he wanted," said Annie
    Lupascu, a mother waiting in line with her children to see Santa. "When
    Santa seemed confused, the guy just started asking for money."

    As a small crowd gathered after word began to spread of Zelensky's
    presence, the line of children waiting to sit on Santa's lap continued
    to grow, with many of the mall's patrons growing increasingly impatient. "What's he doing this for, anyway?" asked one onlooker. "He'll just get whatever he asks for from Congress. Why bother with Santa?"

    At publishing time, Zelensnky had reportedly exited the mall and gotten
    into a vehicle driven by Ben Stiller, who was shuttling the Ukrainian
    leader around to other shopping malls in the area.
    --
    "Build Back Better means Destroy More Quickly."

    “The war is not meant to be won, it is meant to be continuous.
    Hierarchical society is only possible on the basis of poverty and
    ignorance.” - George Orwell

    https://www.globalgulag.us

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From 26C.Z969@21:1/5 to Hisler on Thu Dec 15 23:19:09 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On 12/15/22 1:42 PM, Hisler wrote:
    On 12/15/2022 12:17 AM, 26C.Z969 wrote:
    On 12/15/22 12:20 AM, Hisler wrote:
    On 12/14/2022 9:54 PM, 26C.Z969 wrote:
    On 12/13/22 1:06 PM, Hisler wrote:
    On 11/29/2022 9:27 PM, 26C.Z969 wrote:
    On 11/28/22 11:42 AM, Hisler wrote:
    Cryptocurrency lender BlockFi has filed for Chapter 11, becoming >>>>>>> the latest casualty of crypto contagion following the collapse of >>>>>>> FTX.

    Why it matters: The dominoes continue to fall in the crypto
    world, as a series of bad bets and a market plunge has sent
    companies like FTX into bankruptcy.

    Details: The firm and eight of its affiliates filed in the U.S.
    Bankruptcy Court for the District of New Jersey.
    <snip>
    The financialization of crypto made it vulnerable to the kind of >>>>>>> contagion we're now seeing.

    Why it matters: The big change in crypto between 2018 and today
    is the introduction of large-scale lending to the sector. And
    with lending comes a new kind of risk — counterparty risk — that >>>>>>> crypto still hasn't found a good way of dealing with.

    https://www.axios.com/2022/11/28/blockfi-chapter-11-bankruptcy

    -------------------------------------------------------------------------


    Oy vey!  The tropes just keep on coming.

       I suspect there's going to be something of a domino effect
       here. The value of crypto is what people BELIEVE it is ...
       plus some of the crypto orgs buy into each other. Well,
       "faith" has been undermined a bit and anyone attached to
       FTX is gonna suffer a loss right there.

       I do not expect crypto to DIE ... but there's gonna be
       a reset.

       Oh yea, El Salvador has based its entire currency on
       crypto - that can be BAD BAD BAD. Expect almost the
       entire country to head for the US border ......

    Send them to Bankman-Fried's mansion in the Bahamas or to the
    Democratic politutes who Bankman-Friedstein gave illegal campaign
    donations to.

    https://dailycaller.com/2022/12/13/sam-bankman-fried-indicted-fraud-eight-counts/



       Heh, heh ... they've been VERY quiet about all
       those illegal contributions - really BIG and
       BROAD illegal contributions   :-)

       Why, you'd almost think FTX was designed and run
       entirely as a DNC money tree ........

       Expect a lot of the employees to disappear
       or "commit suicide" real soon now. The money
       trail will vanish before any 'investigations'
       can begin.

    Indeed.  Check this out:

    https://www.rt.com/news/568254-us-struggling-track-ukraine-aid/

    Washington is seeking technological solutions to the problem of
    weapons diversion, according to a cable seen by the outlet
    US struggling to track Ukraine aid – Politico

    The administration of US President Joe Biden is turning to the
    blockchain and other tech-based solutions amid mounting calls for
    oversight of over $50 billion in aid pledged to Ukraine this year,
    according to a State Department cable seen by Politico on Wednesday.


       Ok ... I know you're hot on bashing Ukraine, however
       I really don't GIVE MUCH OF A SHIT about a little
       "diversion" and such there. That's normal. It's
       also a SMALL price to pay for setting the fuckin'
       Russkies back about 25 years. Our efforts are
       making them BURN resources - human/political/military -
       real real fast. So then I DON'T CARE if an odd
       Patriot battery gets sold to Thailand, it's the
       BIGGER PICTURE that's important here.

       As for the FTX issue - I'm increasingly convinced
       it WAS designed from the get-go as a DNC money tree.
       That useful idiot was put "in charge" just to be the
       fall guy when all the money was disappeared into
       DNC/lefty coffers. Soros is rich, but THIS funding
       scheme was worth a dozen of him.

    https://babylonbee.com/news/zelensky-seen-sitting-on-mall-santas-lap-asking-for-another-50-billion


    RESEDA, CA — A small commotion broke out and stopped Christmas shoppers
    in their tracks at a local mall today, as Ukraine President Volodymyr Zelensky was seen sitting on the mall Santa's lap


    Stick to the thread ... SBF has naught to do with Zelensky.

    Oh, I see SBFs wunnerful Wokie PARENTS are making sure he
    gets his righteous VEGAN meals in jail :-)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From governor.swill@gmail.com@21:1/5 to All on Fri Dec 16 00:56:37 2022
    XPost: alt.survival, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.politics.misc

    On Thu, 15 Dec 2022 23:19:09 -0500, "26C.Z969" <26C.Z969@noaada.net>
    wrote:

    On 12/15/22 1:42 PM, Hisler wrote:
    On 12/15/2022 12:17 AM, 26C.Z969 wrote:

    As for the FTX issue - I'm increasingly convinced
    it WAS designed from the get-go as a DNC money tree.
    That useful idiot was put "in charge" just to be the
    fall guy when all the money was disappeared into
    DNC/lefty coffers. Soros is rich, but THIS funding
    scheme was worth a dozen of him.

    I can't imagine why you would give any credibility to anything from
    Russian State Media which rt.com is.

    https://babylonbee.com/news/zelensky-seen-sitting-on-mall-santas-lap-asking-for-another-50-billion


    RESEDA, CA A small commotion broke out and stopped Christmas shoppers
    in their tracks at a local mall today, as Ukraine President Volodymyr
    Zelensky was seen sitting on the mall Santa's lap


    Stick to the thread ... SBF has naught to do with Zelensky.

    Oh, I see SBFs wunnerful Wokie PARENTS are making sure he
    gets his righteous VEGAN meals in jail :-)

    Only fifty billion? No problem, Volodymyr. We got plenty more. How's
    that Melitopol campaign going? Need more missiles? Howitzer shells?
    We got another 5,000 thousand tents with electric heaters and charging
    stations on the way.

    Captured and damaged Russian tanks and damaged UA tanks are being
    railed to Poland and Lithuania where they're being repaired and
    reoutfitted and then sent back. All three nations are thoroughly
    familiar with Russian hardware and know how to use and repair it.

    Russia is Ukraine's number one supplier of tanks. ROTFL!

    The amount of support Ukraine is getting from the former Warsaw Pact
    states is astounding!

    Swill
    --
    Russians would rather live under Brezhnev than Putin.
    EVERYTHING was better during the USSR! https://www.youtube.com/watch?v=1uDOvSIC7xA

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)