beaniemaxi

Crypto has found pmf in gambling. Anybody anywhere can fund a gambling hobby (or addiction) in a fast and psuedo anonymous way. Rogue gambling sites can operate without a banking relationship. It’s pretty bearish for regulated gambling venues that are competitively disadvantaged.

I think people are too bearish on Solana here. It’s got a huge head start. It fumbled NFTs and gaming as I have been posting about for a year now. But it’s not gonna be a big lift to get right back into it. Betting it’ll turn up the heat soon. Don’t underestimate the sheer scale.

Buying shares of a company that simply purchases Bitcoin (or any other crypto) by way of some ponzi insider enrichment scheme is literally peak idiocy - when you can easily buy the underlying asset or ETF. Bitcoin treasury companies are not a value add. In fact it’s the opposite.

Stablecoins are really only a better form of payment because it sidesteps regulatory and compliance concerns. Nobody is really talking about this. Once you add KYC, AML, and other modern money movement controls, the friction and costs will be comparable.

Ethereum down 30% in 10 days without anybody crying about it. That tells me it will go alot lower.

Turns out that “consumer crypto” is just illegal casinos that accept crypto.

I guess nobody else wants to say it, but TON stickers are a scam. Straight to zero.

Tbh if I didn’t have dozens of investments in different crypto startups I’d completely tune out from this industry. They’ve even ruined Bitcoin with this treasury company grift. It’s all gonna crash and burn soon enough. Inevitable. Still love my founders though. Here to support.

All the rats that brought you the great crypto wipeout of 2022 seem to be scurrying back in the market to “build”. Don’t forget about how Jump illegally manipulated the price of the Luna token in an attempt to stabilize the UST peg. And its president plead the fifth in a hearing.

The KOL justifies their behavior by saying; “if you didn’t lose money on my undisclosed paid shill, you’d have lost it on another.”

YOU DO NOT HATE THESE PEOPLE ENOUGH

KOL robbed for $800k Patek he flexes here daily.

I feel like absent of any consequences for the normalizing of scamming KOL behavior, we’re gonna see a new trend of violence against influencers at IRL events. Nobody bothered to kidnap them before because they were broke. But now that they’re cashed up with crypto,, who knows?🤷

Not enough crypto KOLs are being kidnapped.

If you believe Iran (and more importantly Udi), then you gotta get short. Cause the market has not priced it in.

So on the same day that <redacted> makes $4M with an unfathomable 100% tax memecoin launch, he also starts aggressively shilling an illegal online casino. This villain cycle is crazy.

Pump Fun has cashed out to stablecoins $750 million worth of SOL. That’s over 50x what Silk Road made facilitating the illicit and open sale of narcotics.

There’s maybe only a handful of big accounts on ct that haven’t ran some epic grift this cycle. This after spending the entirety of last cycle building clout by running the moral high ground playbook. There’s a lesson in that.

I’m sure Do Kwon, SBF, and even CZ are wishing they were able to hang around just a little longer.

Solana really hasn’t shown much enthusiasm for its NFT ecosystem. I think it’s a missed opportunity. Partucularly because the NFT ecosystem intersects gaming and DeFi.

9/10 of comments on my posts are cleverly disguised bots. And then there’s @banditxbt.