Crypto Positive Quotes

People should be free to exit hostile governmental systems. People should also be able to live free of corrupt systems in which centralised authorities take advantage of their position of power for their personal benefit.

He would expose, remorselessly, those hypocrites and cynics who publicly denied the catastrophe of climate change while secretly short-selling that very same position and hedging all their bets; the millionaires and billionaires who preached self-reliance while accepting vast handouts in the form of subsidies and easy credit, and who bemoaned red tape while building contractual fortresses to shield their capital from their ex-wives; the tax-dodging economic parasites who treated state treasuries like casinos and dismantled welfare programmes out of spite, who secured immensely lucrative state contracts through illegitimate back channels and grubby, endlessly revolving doors, who eroded civil standards, who demolished social norms, and whose obscene fortunes had been made, in every case, on the back of institutions built with public funding, enriched by public patronage, and rightfully belonging to the public, most notably, the fucking Internet; the confirmed sociopaths who were literally vampiric with their regular transfusions of younger, healthier blood; the cancerous polluters who consumed more, and burned more, and wasted more than half the world’s population put together; the crypto-fascist dirty tricksters who pretended to be populists while defrauding and despising the people, who lied with impunity, who stole with impunity, who murdered with impunity, who invented scapegoats, who incited suicides, who encouraged violence and provoked unrest, and who then retreated into a private sphere of luxury so well insulated from the lives of ordinary people, and so well defended against them, that it basically amounted to a form of secession.

The piece would be a searing indictment of the super-rich. He would expose, remorselessly, those hypocrites and cynics who publicly denied the catastrophe of climate change while secretly short-selling that very same position and hedging all their bets; the millionaires and billionaires who preached self-reliance while accepting vast handouts in the form of subsidies and easy credit, and who bemoaned red tape while building contractual fortresses to shield their capital from their ex-wives; the tax-dodging economic parasites who treated state treasuries like casinos and dismantled welfare programmes out of spite, who secured immensely lucrative state contracts through illegitimate back channels and grubby, endlessly revolving doors, who eroded civil standards, who demolished social norms, and whose obscene fortunes had been made, in every case, on the back of institutions built with public funding, enriched by public patronage, and rightfully belonging to the public, most notably, the fucking Internet; the confirmed sociopaths who were literally vampiric with their regular transfusions of younger, healthier blood; the cancerous polluters who consumed more, and burned more, and wasted more than half the world’s population put together; the crypto-fascist dirty tricksters who pretended to be populists while defrauding and despising the people, who lied with impunity, who stole with impunity, who murdered with impunity, who invented scapegoats, who incited suicides, who encouraged violence and provoked unrest, and who then retreated into a private sphere of luxury so well insulated from the lives of ordinary people, and so well defended against them, that it basically amounted to a form of secession.

All Protestants are Crypto-Papists,’ wrote the Russian theologian Alexis Khomiakov to an English friend in the year 1846. ‘ . . . To use the concise language of algebra, all the West knows but one datum a; whether it be preceded by the positive sign +, as with the Romanists, or with the negative − as with the Protestants, the a remains the same. Now a passage to Orthodoxy seems indeed like an apostasy from the past, from its science, creed, and life. It is rushing into a new and unknown world.’ Khomiakov, when he spoke of the datum a, had in mind the fact that western Christians, whether Free Churchmen, Anglicans, or Roman Catholics, have a common background in the past. All alike (although they may not always care to admit it) have been profoundly influenced by the same events: by the Papal centralization and the Scholasticism of the Middle Ages, by the Renaissance, by the Reformation and Counter-Reformation, and by the Enlightenment. But behind members of the Orthodox Church — Greeks, Russians, and the rest — there lies a very different background. They have known no Middle Ages (in the western sense) and have undergone no Reformations or Counter-Reformations; they have only been affected in an oblique way by the cultural and religious upheaval which transformed western Europe in the sixteenth and seventeenth centuries. Christians in the west, both Roman and Reformed, generally start by asking the same questions, although they may disagree about the answers. In Orthodoxy, however, it is not merely the answers that are different — the questions themselves are not the same as in the west. (p.1–2)

There are two problems with our current acronym-based (AML, KYC, CFT, OMG) approach to compliance. The first is that it punishes the good guys. The second is that it doesn’t catch many of the bad ones. Crypto is different, and assumes most people are not criminals, for the simple reason that they aren’t. The bankers and politicians who refuse to accept this reality are only protecting the status quo—and their position

Crypto-collateralized stablecoins have the advantages of decentralization and secured collateral. The drawback is that their scalability is limited. To mint more of the stablecoin, a user must necessarily back the issuance by an overcollateralized debt position.

Historically, manipulating positive news to increase the demand for a stock has been a way to drive up the price before selling it at an inflated figure. The illegal tactic, better known as ‘pump and dump’, is prohibited because markets need our trust to function. Yet soon the crypto surge appeared to be the result of just such a ploy. Writing in Vox, William Harris, the former CEO of PayPal, called Bitcoin ‘a colossal pump and dump scheme, the likes of which the world has never seen’ in an article headlined ‘Bitcoin is the greatest scam in history’.

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