For your consideration
Follow
H.E. Cas Piancey
@CasPiancey
"Under promise, under deliver" co-host and Innovated *opinions are mine, not my employer* investigations hold no crypto or crypto stonk
H.E. Cas Piancey’s posts
Bitcoin Core developer @‘ing the FBI after losing his Bitcoin.
Incredible.
Didn’t realize the dude who’s CEO of OpenAI is also the guy who proposed WorldCoin orbs to scan your eyeballs for cryptocurrency
Currently feeling very trapped in my low liquidity niche collector business, someone help
. chatting with about buying up other companies, suggesting some of them will dip into customer funds
Crowd laughs
I’m building a team.
A team of literally the worst people in cryptocurrency.
Pretty incredible that despite the fact that 3AC, Alameda, and Celsius were three of the biggest Tether customers — with Tether even having equity in Celsius! — they have zero exposure to anything!
Amazing team!
It’s absolutely astounding that Bill Ackman is a billionaire considering just how fucking stupid he is
Imagine telling Michael Burry to DYOR
That all he knows how to do, dumbass
Justin Sun has apparently lost his diplomatic immunity and had his Grenadian citizenship stripped.
Let’s fucking go
Hey, to be fair to Coinbase, I have heard the best way to start a dialogue with the SEC is to launch a 23 tweet diatribe in the late hours of the night that basically says the SEC is stupid and their stupid rules are stupid, too.
BREAKING: FOOTAGE OF PETER THIEL STARTING THE BANK RUN AT SILICON VALLEY BANK RELEASED
h/t to for asking if FTX/Alameda were wiring USD to Tether through US banks.
Sam Trabucco is… speechless.
These people were given $15 million to build a blockchain city.
They’re espousing the ideals of dowsing. Good f**king lord.
Love that anyone still believes SBF was performing a magical arbitrage that was making him and Alameda Research millions and millions in the early days.
The secret arbitrage is bank fraud.
Libertarian tech bros, 2022: Government intervention is disgusting, inflation is terrifying, fiat currency is horrible and worthless
Libertarian tech bros, 2023: plz sir mr government, can you give my bank of choice an extra special bailout bc all of my billions of $$ are there
why have affordable mass transit when you can provide private tunnels for expensive vehicles?
Kevin O’Leary has very much embarrassed himself in front of Congress, in front of the American people, and in front of the world today.
Anyone who continues to trust this guy with their money is insane.
So for clarity, the free speech platform of choice for the greater public, the “town square” now relies on:
• the richest man in the world
• the Saudis
• CZ
• a16z
• The All In Podcast
We’re absolutely fucked.
DOJ: ladies and gentlemen, we got ‘em
Literally everyone: Got who??? BINANCE????
DOJ: Binance? What? No, of course not. The massive Russian cryptocurrency exchange you all use, BitzLato.
Literally everyone: Buddy, what the f*ck are you talking about?
I like Lex Fridman interviews because it’s like a high-schooler with imposter syndrome reading directly from a thesaurus for extended periods of time to ask the simplest question ever, then the guest always whispering for some reason, replying with nothing worth hearing.
a16z will literally try to silence every critic and skeptic of web3 instead of go to therapy
I’ve apologized for getting upset during interviews before, but I am not sorry for my questions or my statements towards SBF today.
He is an embarrassment to the industry, he’s somehow answered no questions in 10+ interviews, and he wastes everyone’s time playing video games.
David Sacks got real fucking quiet real fucking fast about Russia, innit?
It’s been — I shit you not — over five years since Tether promised an audit would be “forthcoming”
I really appreciate Lauren’s responses here because what I’ve seen has been:
• blaming politicians
• blaming FHLBs
• suggesting this is the end for Silicon Valley
What I haven’t seen is:
• any fucking reflection from venture capitalists
Replying to
It is interesting that there’s dudes out there who are genuinely willing to possibly destroy mankind to make a buck.
Gotta respect that, or something.
I don’t think I’ve had a chance to say this publicly but
I’m engaged!
Gentle reminder that one of the worst actors for the original Ponzi Scheme was the press, who for the most part heralded Ponzi as an Everyman, a genius, a visionary.
God fucking damnit, SBF is playing some fucking game during this interview again.
You could hear a keyboard and mouse in the background.
If you work in cryptocurrency and you don’t feel embarrassed about the past week… how?
Yeah, okay, so you think Alameda and FTX gave Tether $37 billion in real cash?
Can I have some of whatever you’re smoking?
Seeing these two get totally rekt in the same week has been nice.
I’ve had them blocked for ages, glad all of Twitter is calling them out.
I don’t get why anyone feels bad for VCs or hedge funds.
These people flaunt their wealth and talk smack the entire trip up.
Why am I supposed to care that they’re getting liquidated now?
Me: < literally describes wire fraud> how isn’t this wire fraud Sam?
SBF: I’m done with your questions
You’re not done with the prosecutor though.
Quote
Replying to
This is a social credit score and you should feel bad for recommending it as a solution to anything.
HOLY SHIT CONGRESS SAYS “YOU HAVENT BEEN PLAYING ANY VIDEO GAMES WHILE TALKING TO US SO THANK YOU”
Love this for John Ray.
To clarify, both FTX/Alameda and Tether:
• bank with Deltec
• use BDO as an auditor
• have never actually shown their balance sheets
• deeply relied on each other
“I lost everything,” says BitBoy, “they took the Lamborghini because it was in the company name.”
Boo-fucking-hoo, bud
Hi, dropping this here:
The Chairman of the Eastern Caribbean Securities Regulatory Commission, Arthur Thomas, served as a board member of FTX Malta.
Literally the definition of regulatory capture.
Anyone upholding Luna2 and the reemergence of Do Kwon as a win for cryptocurrency isn’t just lying to your face, they’re spitting in it.
You’re genuinely an enormous piece of shit and should use this moment of total ridicule to examine how you became this way.
You’re an awful human being, good luck fixing that.
Had a beautiful moment with a neighbor I just met:
Her: what do you do?
Me: I mostly write about cryptocurrency.
Her: oh. neat.
Me: well, it’s been busy!
Her: has it?
Me: ya know, with FTX.
Her: FTX?
Me: uh. ha, nothing, never mind.
“Markets dump, we go down for maintenance”
- literally every single cryptocurrency exchange owner
I want to publicly describe what has done to my friends and I over the past year so that none of you ever work with someone as disgusting as he is.
In the meantime, hi, my name is Orson Newstat. I live in Los Angeles.
Now a thread about why I’m telling all of you.
Went into a gas station with a Bitcoin ATM. Had a note on it that said “NOT AN ATM”
Me: hey, does anyone use the Bitcoin ATM?
Attendant: The real ATM is over there (pointing away from the Bitcoin ATM).
M: (laughing) no, but does anyone use it?
A: oh, ha, like one person ever.
I still think Molly () is far and away doing some of the most important work in cryptocurrency simply by archiving all the scams and failures.
Tether 2017: We promise all Tethers are 100% backed by fiat
Tether 2018: We promise all Tethers are 100% backed by assets
Tether 2019: We promise all Tethers are 74% backed by ______.
Tether 2020: Tethers exist, WE PROMISE NOTHING
Have gotten dozens of DMs in support of how I spoke with SBF.
Appreciate it, everyone, means the world to me.
I’d like to note that Elizabeth Holmes used pictures of her child — the child she had after committing one of the largest frauds in history — as part of her defense today.
She is a criminal and sociopath of the highest order.
Listen to Kyle Davies accidentally describe a Ponzi scheme and have his excuse for the collapse of his fund be “we thought it would last longer”
I was telling Zhao Dong to buy an island citizenship and leave China years before Justin Sun did it.
Zhao didn’t listen and now he’s in prison.
Well, this is incredible.
Very kind words for skeptics and critics from CoinDesk that I didn’t see until now:
Imagine you’re a fugitive in Dubai.
You’ve been given $30 million in nasty oil money to create an exchange.
The first two days of volume are less than $1000.
These are the promotions you create.
How long until the monied oil bros want you to get the fuck out of their country?
Quote
The story of #OPNX! YOLO your claims all the way to GENERATIONAL WEALTH!
So , did you have a personal mortgage with SIVB and we’re they “your bank” as stated in this video from a few days ago
Or no exposure at all? twitter.com/one4thecashbag
This post is unavailable.
It’s funny until you realize El Salvador has 6.5 million people and this guy is playing roulette with the citizen’s money
