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#nerdreich

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2/ In other "crypto scammers visiting El Salvador to immanentize bitcoin fascism" news, #MicroStrategy CEO Michael Saylor, the man who owns more bitcoin than anyone (much of it bought with borrowed money in what will probably turn out to be history's largest pyramid scheme) flew to San Salvador to visit Bukele on February 13th.

cryptobriefing.com/bitcoin-mee

Crypto Briefing · El Salvador's president Nayib Bukele meets with Michael Saylor to discuss BitcoinNayib Bukele and Michael Saylor discuss Bitcoin in El Salvador amid regulatory changes affecting its legal tender status.

billionaire #broligarch, legendary SPAC fraudster, and co-host of The All-In Podcast with David Sacks #Chamath makes video explaining how easy and cheap it is to buy favours from the Trump administration and complaining the Democrats wouldn't even return his phone calls despite all the money he gave them.

I kind of feel like this video should be turned into a democratic campaign ad.

xcancel.com/TheChiefNerd/statu

#Ripple, a shitcoin pump and dump company convicted of massive securities law violations, buying a tradfi ("traditional finance") prime broker is a perfect example of the crypto industry making big moves to take over and integrate with america's existing financial system in a way that will be very hard if not impossible to unravel.

All of the money for this corporate takeover came from dumping Ripple's #XRP tokens on retail suckers.

Also Ripple CEO Brad Garlinghouse was one of the 2024 election's biggest donors.

ripple.com/ripple-press/ripple

RippleRipple Acquires Prime Broker Hidden RoadRipple announced it is acquiring Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space, and becoming the first crypto company to own and operate a global, multi-asset prime broker. Learn more about the deal.

My 2 cents for the normie board & maybe the fascism-deniers in your life. I firmly believe that the billionaire's long-term plan is a technofeudalism & fascism is the tool they're using to get there.

The goal is to send us back to feudalism. Trump may not know that, but his handlers do.

Unfortunately, slavery is currently legal and constitutional if you've been convicted of a crime. For citizens and not just Venezuelan "gang members". Thanks 13th ammendment. 🙄

As soon as you let what they have been putting in books and podcasts for years regarding #NetworkStates sink in, current events aren't nearly as confusing or surprising. The #NerdReich is how they plan to control people while they reduce the population to a more "efficient" level.

So as you see, the fascism and the feudalism are intertwined. It's all one fight. #PitchforksUp

See: theplotagainstamerica.com/

surprise, surprise Trump gave #DavidSacks (pro #Putin, anti-#Ukraine All In Podcast broligarch and America's "crypto & AI czar") a waiver on any and all financial conflicts of interest that could result from Sacks using taxpayer money to enrich himself by investing in his crypto & AI scams.

(i will note that Sacks claims to have divested himself of his crypto investments but i find it impossible to believe he isn't at least indirectly financially exposed to the crypto market)

Remember, it was Sacks who helped propose the #StrategicCryptoReserve which proposed that US taxpayers invest in the same 5 cryptocurrencies held by Sacks's company #Bitwise.

levernews.com/trump-issues-eth

The Lever · Trump Issues Ethics Waiver For His AI/Crypto CzarThe White House granted the waiver to David Sacks a month after Trump fired the director of the independent agency charged with enforcing federal ethics statutes.

New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

> "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

* American Banker: americanbanker.com/news/new-pa
* Paper: chicagofed.org/publications/wo