Binance withdrawals jump to $3 billion in 24 hours, research firm says | CNN Business

Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as the world’s largest cryptocurrency exchange confronted investor jitters amid a deluge of negative headlines about the industry

           

https://www.facebook.com/cnn/posts/10163258747186509

Brika Jackson, first of all, you are lying again. See "Brika" or "Boris", whatever your real name is...there are standards in this world. No dictionary ever published agrees with your definition. You made it up, this is called "lying". You are a liar. Want more proof you are a liar? You said I am "the thing" that big government loves the most. A liberal I suppose. Except I never offered any reason for you to say that about me, you could not possibly know. Yep...you lied YET AGAIN. When I am "euthanized"? Wow Brika, now you are even violating the law and you have been reported. I suppose I should expect someone like you who is functionally sub-literate to say these kinds of things. You can't construct simple sentences, you don't even know when to capitalize or not to capitalize words in the middle of a sentence. All you can do is threaten, lie, insult, and expose yourself. Go away now.


I translated this from corrupt financierese to English

"We realize folks have started to realize that if it's too good to be true, it's likely too good to be true, but trust us. We read the 1st part of 'The Three Little Pigs' and, like we're sure our house of straw can withstand a strong wind. Please keep having blind faith in us. It's worked so well for so few and you wouldn't want them to fall on financial hard times. It's too good to be true, but don't think about it too much, it's the possibility of easy money."


Scott Agee Ok Scott!!! I am taking that back, and you are not a crook because if anyone tells me to invest 32 cents for $50k, i would be jumping to put my money in, but in the real world it is impossible to turn 32 cents into $15 needless to say $50kso since you said I am lacking of knowledge on this crypto scam . I need to tell me the formula being used to get the ROI. sooner or later the house of cards will be tumbling down , and some suckers will be holding the bags, and i am glad it won’t be you.


Most of y'all sound like clowns with your comments, saying crypto doesn't exist is just like doubting it's your wife's voice you hear on the phone when you call her, or saying electricity doesn't exist in wires because you don't see it sparking, nobody is going to force any of you to believe anything again, but when you know nothing about something, don't just open your mouth and let words fly out about it,(or let your hands type what you don't know). This same currency you say it doesn't exist is where most banks invest your money into and make profits, and it have also made many millionaires.... Think twice


At some point we, as a species, will see the massive failings of our made up monetary systems. Now we see alternatives which we know have no value except what we make up. Ever since we stepped away from barter and exchange money has captured our energy and our well being. Corruption runs rampant around the world and Money is the driver behind defining classes of people, segregating them and spawning hate and greed like man has never known. We kill each other for it. The real things of life are no longer factors. Nothing would cost too much were it not for money.


It's very clear that the concept of defi or decentralized finance is wrought with credibility and stability concerns.

That said, I do think that there is value to blockchain technology, and with digital currencies specifically. I just don't think that either Bitcoin or other alt-coins are ever going to be a medium of exchange, nor will they be a store of value. If Bitcoin was ever going to function as a store of value or inflation hedge, it would have appreciated during 2022, instead of collapsing in value. That alone makes it clear the value was propped up by rampant speculation. It has more in common with Dutch tulip bulbs than it does digital gold.

I think eventually central banks will get on board and start issuing sovereign currency in the form of digital coins, most likely on a blockchain. It makes perfect sense to decouple currencies from commercial banking establishments. There's no reason I shouldn't be able to send money direct from me to you without needing physical bills, or by going through a commercial banking institution. I think there's transparency values in being able to refer to ledgers to track the flow of funds.

Thank you for coming to my Ted Talk.




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