Meat (🥩,🥩) @MeatEsq Twitter profile

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@avesswifty

@VictoriaMo66164

Meat (🥩,🥩)

@MeatEsq

2 years

There's a decent chance Coinbase becomes the AOL of crypto

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Meat (🥩,🥩)

@MeatEsq

5 years

Most of crypto twitter seems to WANT a massive global recession and I don’t think they understand what that would entail

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Meat (🥩,🥩)

@MeatEsq

2 years

just realized most of you are too young to know what I mean

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Meat (🥩,🥩)

@MeatEsq

6 years

How many fucking times can it be the “last chance” to pick up cheap alts?

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Meat (🥩,🥩)

@MeatEsq

6 years

ICOs are not dead Non-compliant ICOs are dead

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Meat (🥩,🥩)

@MeatEsq

6 years

Spend 10 minutes in an ICO’s telegram and you’ll understand why most people invested in crypto will lose everything

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Meat (🥩,🥩)

@MeatEsq

2 years

The SEC complaint against Kraken alleging that its staking program is an illegal offer and sale of securities is available here: Highlights:

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Meat (🥩,🥩)

@MeatEsq

5 years

Gladiator is probably one of the five best movies released in the last 20 years

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Meat (🥩,🥩)

@MeatEsq

6 years

Being fat should not be normalized or accepted

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Meat (🥩,🥩)

@MeatEsq

2 years

🚨CFTC specifically calls ETH a "digital commodity" this is actually crucial considering recent public statements by CFTC officials

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Meat (🥩,🥩)

@MeatEsq

6 years

Happy “everyone’s a securities lawyer” day!

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Meat (🥩,🥩)

@MeatEsq

6 years

The best life advice I’ve ever gotten was from my dad: 99% of life is showing up. Work, family events, meaningful times for friends, all of it. Nothing is more important or easier than just showing up. The rest follows.

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Meat (🥩,🥩)

@MeatEsq

6 years

Just got this text from my wife. How to even begin responding?

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Meat (🥩,🥩)

@MeatEsq

1 year

The insane Alameda Research LLC tax bill circulating is real. The major balances don't have detail, but in part it appears the IRS went back and reclassified ALL employees from contractors to employees and hit them for unpaid employer-side employment taxes.

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Meat (🥩,🥩)

@MeatEsq

5 years

Everyone’s getting hilariously rich and you’re geoblocked

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Meat (🥩,🥩)

@MeatEsq

1 year

Coinbase is a public reporting company. Some of the named assets were trading on the platform when the SEC approved the S-1. This is epic gaslighting.

Gary Gensler

@GaryGensler

1 year

Coinbase’s alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC.

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Meat (🥩,🥩)

@MeatEsq

6 years

1. Get a job.

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Meat (🥩,🥩)

@MeatEsq

5 years

I had a dream last night I’d traded my account up to 300 btc and btc was over $15k on a parabolic rip but when I tried to sell 100 btc Coinbase glitched and told me I needed to identify the counterparty I was trying to sell to or else I couldn’t sell what does it mean

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Meat (🥩,🥩)

@MeatEsq

7 months

I'm sure much ink has been spilled on this already but Coinbase winning on the SEC's Coinbase Wallet allegations at this stage is a pretty giant win for browser-based wallet extensions, application front ends, and other similar applications.

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Meat (🥩,🥩)

@MeatEsq

2 years

To be clear, the Paxos/BUSD shutdown ordered by @NYDFS is almost certainly driven by money laundering / sanctions concerns, not securities regulation concerns.

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Meat (🥩,🥩)

@MeatEsq

6 years

Vaccinate your children you dipshits

CNN Breaking News

@cnnbrk

6 years

Washington Gov. Jay Inslee declares an emergency over 32 confirmed cases of measles in the state

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Meat (🥩,🥩)

@MeatEsq

4 years

It’s unclear to me how you could look at crypto charts for the past 3 years and say “no no no, we need MORE pain and shakeouts!”

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Meat (🥩,🥩)

@MeatEsq

6 years

Believe it or not, I've increased my net worth during this 2018 bear market. Was quite easy, actually. If you're interested in my process, and some additional words of wisdom to build your own wealth, please see below for a comprehensive checklist of items:

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Meat (🥩,🥩)

@MeatEsq

6 years

What if @jack is actually talking about Bitcoin Cash

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Meat (🥩,🥩)

@MeatEsq

6 years

Shout out to the dudes carrying a belt around the gym even on days they don’t use it so everyone knows they’re a powerlifter and not a regular fat guy

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Meat (🥩,🥩)

@MeatEsq

6 years

Just heard from an FDA insider Literally, his first comment was: Stay away from kale I'm not even kidding.

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Meat (🥩,🥩)

@MeatEsq

6 years

Believing you deserve a bull market strictly because you stuck out a bear market is akin to believing you deserve a promotion at work because you’ve been there a while doing the bare minimum

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Meat (🥩,🥩)

@MeatEsq

4 years

Guys

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Meat (🥩,🥩)

@MeatEsq

6 years

My gym is experiencing a flood of newbies wearing lifting belts for every exercise. It’s Ichimoku all over again.

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Meat (🥩,🥩)

@MeatEsq

4 years

If you can buy a fraction of a share of Tesla on Robinhood why on earth would casual investors buy crypto?

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Meat (🥩,🥩)

@MeatEsq

2 years

Some fun nuggets in the CFTC complaint (won't repeat facts and allegations from the SEC complaint):

db

@tier10k

2 years

COMMODITY FUTURES TRADING COMMISSION, Plaintiff, v. SAMUEL BANKMAN-FRIED, FTX TRADING LTD D/B/A , AND ALAMEDA RESEARCH LLC,

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Meat (🥩,🥩)

@MeatEsq

6 years

Is there a legitimate argument that the lottery is NOT a “stupidity tax?”

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Meat (🥩,🥩)

@MeatEsq

2 years

What an absolute gem

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Meat (🥩,🥩)

@MeatEsq

1 year

I don't even blame the people with ridiculous takes after reading the BlackRock Bitcoin Trust S-1. The SEC's "disclosure" regime designed to inform investors has simply become an exercise in the lawyers stuffing as many risk disclosures into the filing as possible *just in case*

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Meat (🥩,🥩)

@MeatEsq

6 years

Golf is not a sport

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Meat (🥩,🥩)

@MeatEsq

6 years

I’ll never understand what my wife is doing for those last ten minutes that always make us late

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Meat (🥩,🥩)

@MeatEsq

9 months

Some personal news: I’m joining the team @ethena_labs as general counsel. Rare to find a team shipping elite quality at an impossible pace building something this ambitious with a commitment to innovating responsibly and transparently - a unicorn I’m excited to be a part of.

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Meat (🥩,🥩)

@MeatEsq

5 years

Is there anything more useless than decaf coffee?

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Meat (🥩,🥩)

@MeatEsq

6 years

I distinctly remember people in Q1 saying they were buying "all the sub-$1,000 $ETH they could get their hands on." Who could have imagined this? Key lesson of 2018 is open-mindedness. Too much money was lost as we refused to believe what was possible, even probable.

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Meat (🥩,🥩)

@MeatEsq

6 years

@swifteagle8 @onemanatatime It’s more nuanced than that. Would you trade one year, right now, for $1 billion? Very different question, right? It’s not a linear analysis.

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Meat (🥩,🥩)

@MeatEsq

6 years

Ho hum, VanEck ETF decision delayed, as expected. Final deadline is February 27, 2019. Was always going to go the distance.

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Meat (🥩,🥩)

@MeatEsq

1 year

Extrapolating this, it's really hard to imagine *ANY* secondary market sales could be "investment contracts" and therefore securities. Like, analytically impossible.

Meat (🥩,🥩)

@MeatEsq

1 year

the key here is the buyers did not know they were buying from Ripple so there could not have been any promises made

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Meat (🥩,🥩)

@MeatEsq

2 years

@notsofast @nypostbiz “Lost 15k” “Planned to cash out for a home and a car”

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Meat (🥩,🥩)

@MeatEsq

1 year

Ripple ruling is linked below. Some critical items:

https:ecf.nysd.uscourts.gov:cgi-bin:show_temp.pl?file=29781640-0--88954.pdf&type=application:pdf.pdf

Case 1:20-cv-10832-AT-SN Document 874 Filed 07/13/23 Page 1 of 34. UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES AND EXCHANGE COMMISSION,. USDC SDNY DOCUMENT ELECTRONICALLY...

www.docdroid.net

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Meat (🥩,🥩)

@MeatEsq

6 years

My wife is an elementary school teacher. There is no universe in which the correct answer is to put a gun in the room with her and 25 seven year olds. If this somehow becomes a Thing I guarantee at least half of all teachers will quit and your children will grow up stupid.

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Meat (🥩,🥩)

@MeatEsq

6 years

If history has taught us anything it’s that dumping alts after a 20+% $btc pump is always a prudent move

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Meat (🥩,🥩)

@MeatEsq

6 years

$POLY Did you guys not catch that move? Sad.

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Meat (🥩,🥩)

@MeatEsq

4 years

My brother-in-law’s grandmother, who died in 2016, received her stimulus check last week.

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Meat (🥩,🥩)

@MeatEsq

5 years

Did you know you can own an entire bitcoin?

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Meat (🥩,🥩)

@MeatEsq

6 years

You should operate under the assumption that everyone you interact with in this space has nefarious intent and will steal your money the first chance they get

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Meat (🥩,🥩)

@MeatEsq

5 years

Wife comes downstairs, Dr. Dre playing on the speakers. “I forgot about that guy, what do you think he’s up to?” THAT’S LITERALLY THE ONE THING YOU’RE NOT SUPPOSED TO DO

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Meat (🥩,🥩)

@MeatEsq

5 years

At $60 per $xrp, at current levels of reported circulating supply, the market cap would be $2.5 trillion, or about 10% of the total market cap for the entire S&P 500. At $589 per $xrp the two would be roughly equal.

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Meat (🥩,🥩)

@MeatEsq

6 years

Everyone is calling this the longest crypto bear market ever as of today with the prior one ending at the absolute bottom. By that standard, unless a new low is made, this one finished weeks ago. You can’t just move goalposts like that.

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Meat (🥩,🥩)

@MeatEsq

2 years

Customer deposits are not "collateral." It should not be possible for an exchange to experience a "bank run."

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Meat (🥩,🥩)

@MeatEsq

6 years

Met an institutional investor who asked me in a condescending tone, “Your 2 minute pitch, why should I buy BTC.” I told him, “why are you asking me, I’m a talking head. Isn’t it literally your job to figure that out?” The rest of the discussion was “is a hot dog a sandwich?”

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Meat (🥩,🥩)

@MeatEsq

6 years

Buying supplements at the gym (rather than the internets) is a colossal waste of money

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Meat (🥩,🥩)

@MeatEsq

10 months

Form 8300 (used to report transactions under the statute), updated in December 2023 for use to report transactions occurring after December 31, 2023, doesn't mention digital assets...so we don't actually have any official means of reporting yet

Jerry Brito

@jerrybrito

10 months

New crypto tax reporting obligations took effect on Jan 1. If you receive $10k or more in crypto you now have an obligation to report the transaction (including names, addresses, SS numbers, etc.) to the IRS within 15 days under threat of a felony charge.

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Meat (🥩,🥩)

@MeatEsq

1 year

@zachxbt @gate_io gate kyc

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Meat (🥩,🥩)

@MeatEsq

6 years

It should be illegal to advertise the lottery

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Meat (🥩,🥩)

@MeatEsq

6 years

People arguing about trading styles reminds me of diet evangelicals. If it works for you that’s all that matters, and what works for others may not work for you. Don’t try to force it on yourself or others. At the end of the day, being smart and disciplined is usually enough.

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Meat (🥩,🥩)

@MeatEsq

5 years

My goodness, could you imagine NOT making skirt steak tacos on a Tuesday?

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Meat (🥩,🥩)

@MeatEsq

2 years

This is misdirection. It does not matter whether FTX had *other* assets that could *potentially* cover deposits (*laughs in 99.9% liquidity discount*). Customer deposits were used for other means. By FTX's *own terms* the company never had the right to touch those deposits.

SBF

@SBF_FTX

2 years

17) I know you've all seen this, but here's where things stand today, roughly speaking. [LOTS OF CAVEATS, ETC.] Liquid: -$8b Semi: +$5.5b Illiquid: +$3.5b And yeah, maybe that $9b illiquid M2M isn't worth $9b (+$1b net). OTOH--a month ago it was worth $18b; +$10b net. ---

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Meat (🥩,🥩)

@MeatEsq

6 years

How much time and productivity was wasted in early 2018 reading useless whitepapers trying to gain an edge?

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Meat (🥩,🥩)

@MeatEsq

6 years

All "fat burning" supplements are nonsense

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Meat (🥩,🥩)

@MeatEsq

6 years

Remember when people were selling Bittrex accounts?

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Meat (🥩,🥩)

@MeatEsq

5 years

“Accredited investor rules are bs, I understand the risks. Let me make my own mistakes!” Leaves coins on notoriously shady exchange, exchange goes bankrupt, might lose everything “THIS IS THEFT”

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Meat (🥩,🥩)

@MeatEsq

6 years

The amount of effort some people put into tearing down other people they’ve never met and have nothing to do with is weird, regardless of who actually did what

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Meat (🥩,🥩)

@MeatEsq

6 years

If the SEC was going to Black Swan this market now would seem as good a time as any

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Meat (🥩,🥩)

@MeatEsq

4 years

This is the dumbest shit I've ever heard

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Meat (🥩,🥩)

@MeatEsq

6 years

I’m on a bachelor party with a guy who actually works at a firm day trading traditional markets and woo boy do we know nothing

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Meat (🥩,🥩)

@MeatEsq

5 years

Meat

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Meat (🥩,🥩)

@MeatEsq

4 years

Won’t lie, seeing George Floyd having a full-on funeral when I was one of only ten people allowed at my grandfathers gravesite to lay him to rest with no true funeral service is upsetting, even if restrictions have been eased some.

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Meat (🥩,🥩)

@MeatEsq

2 years

The critical endpoint here is that (1) staking through Kraken fundamentally changed the typical staking process and procedure, thereby making it a different product, and (2) participants relied on Kraken to generate the returns.

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Meat (🥩,🥩)

@MeatEsq

5 years

"We will pump off the bottom extremely quickly, leaving most sideline investors stuck in fiat."

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Meat (🥩,🥩)

@MeatEsq

5 years

Developing a theory that democrats actually wanted 4 more years of trump

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Meat (🥩,🥩)

@MeatEsq

6 years

I think having a full-time, demanding job saves me a lot of money in my trading

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Meat (🥩,🥩)

@MeatEsq

5 years

It would be pretty hilarious if US traders had mostly unfettered access to altcoin trading platforms during an extended bear market and then got mostly closed off from them right before a massive bull market

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Meat (🥩,🥩)

@MeatEsq

6 years

@jack Phew

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Meat (🥩,🥩)

@MeatEsq

2 years

IMO, the two biggest killers here were: 1. The opacity of Kraken's process for determining payouts, and making payouts on their own schedule 2. Holding back a liquid bucket of tokens (i.e., directing use of the funds themselves)

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Meat (🥩,🥩)

@MeatEsq

2 years

The key argument in the complaint is that the staking service and pooling of staking assets provides for advantages and increased returns relative to those that customers could achieve on their own, which inherently differentiates staking via Kraken from staking independently.

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Meat (🥩,🥩)

@MeatEsq

2 years

Everyone assumed we'd have the usual blowoff top to sell into - we obviously never got that. What if we don't end up having the usual protracted period to buy near bottom this time?

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Meat (🥩,🥩)

@MeatEsq

6 years

Don sets a great example for sticking by your own analysis. He was ridiculed for being bear the entire way down but stuck to his guns, instinct, and analysis and made $$$. Always chart for yourself before opening twitter. Then you can check for perspectives you’re not seeing.

DonAlt

@CryptoDonAlt

6 years

$BTC weekly update: Absolutely gorgeous close. A trifecta of a monthly, weekly and daily retest. Hopped into another long right after the close. Looking for an explosive reaction to those levels. Support on all timeframes: 7k Resistance: Weekly: 8k Daily: 7.3k~ Monthly: 9k

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Meat (🥩,🥩)

@MeatEsq

2 years

Ultimately this can provide a sort of road map as to what to avoid going forward along with potential hints that perhaps LSDs may just make it...

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Meat (🥩,🥩)

@MeatEsq

5 years

Laid my grandfather to rest today. No funeral; ten people (including the rabbi) allowed at the gravesite for a short service. Virtual shiva only this week. Things are so weird right now.

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Meat (🥩,🥩)

@MeatEsq

5 years

When “retirement bag” becomes “retirement from crypto”

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Meat (🥩,🥩)

@MeatEsq

2 years

My inclination is that if the SEC is going to go after LSDs it will be under a theory other than Howey

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Meat (🥩,🥩)

@MeatEsq

5 years

None of you nimrods understands what's REALLY going on in the market right now. There are forces at play you cannot possibly fathom. Let me spell it out for you: *pulls up Wall Street cheat sheet*

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Meat (🥩,🥩)

@MeatEsq

6 years

No. This is not what happened. Why can't anyone read?

Anthony Pompliano 🌪

@APompliano

6 years

BREAKING: SEC Chairman confirms Ethereum is not a security

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Meat (🥩,🥩)

@MeatEsq

11 months

RE: the Kraken suit, apart from the forum shopping angle others have covered, if the SEC is just going to sue you for something else later on I'm not sure why anyone would bother settling with them on anything in the first place. Completely devoid of good faith.

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Meat (🥩,🥩)

@MeatEsq

6 years

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Meat (🥩,🥩)

@MeatEsq

8 months

Will

@WClementeIII

8 months

Fidelity now recommending a 1-3% crypto allocation in your portfolio. Gateway drug. What happens when that 1-3% becomes 3-6%? Slowly then suddenly.

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Meat (🥩,🥩)

@MeatEsq

1 year

There's a reasonably (probably uncomfortably) high chance that R*****t is the next FTX, but on purpose. Hoping it doesn't get too big before that plays out.

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Meat (🥩,🥩)

@MeatEsq

2 years

@napgener he still owns a fuckton of Class B (like 33 million shares) this was a rule 10b5-1 planned conversion of Class B to Class A and sale, been in effect since last August

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Meat (🥩,🥩)

@MeatEsq

6 years

I was in a coffee shop with my dog when we heard a man berating a mother for not vaccinating her child. My dog interjected, scolding the man that vaccinations perpetuated patriarchal rule and all diseases could be prevented by arming the child in school. Never been prouder.

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Meat (🥩,🥩)

@MeatEsq

4 years

My wife: “I don’t understand why your scrambled eggs are so much better than mine” Also my wife: Turns burner on medium heat

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Meat (🥩,🥩)

@MeatEsq