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SBF @SBF_FTX
16) Blockchains allow anyone to create a wallet and use it to send and receive tokens--including USD pegged stablec… https://t.co/m28d2213hx — PolitiTweet.org
SBF @SBF_FTX
15) So then I went to send $50 from Bob to Alice. I clicked 'send' at 8:19:33 am. By 8:19:45, when I tabbed over… https://t.co/B97Y7YUUyw — PolitiTweet.org
SBF @SBF_FTX
14) Just to demonstrate this: I initialized Bob with $99.75 and some SOL (from FTX) (https://t.co/OofxvHUgVp). I… https://t.co/7ybABkQBgA — PolitiTweet.org
SBF @SBF_FTX
13) So, how does blockchain help this? Well, for every one of these scenarios, you could replace them with: a) Bo… https://t.co/YTP0XdaXfG — PolitiTweet.org
SBF @SBF_FTX
12) ACH and credit card transfers can take a day to a month to take effect. And then for the next month, they can,… https://t.co/Wzwzl5cs29 — PolitiTweet.org
SBF @SBF_FTX
11) The moral of the story is: payments are hard. There are many reasons for this, but they all circle around the… https://t.co/RDVflVC9B9 — PolitiTweet.org
SBF @SBF_FTX
10) Meanwhile your credit card just batched together a few weeks of expenses and deducted them from your account, a… https://t.co/vg9I5BkQgm — PolitiTweet.org
SBF @SBF_FTX
9) Oh, and you pay 1% in FX fees, plus $50 in wire transfer fees. d) You are living paycheck to paycheck, and get… https://t.co/nJKM3s5zOl — PolitiTweet.org
SBF @SBF_FTX
8) c) A US business wants to send 100m to a European business. So you initiate a wire transfer. A day later, yo… https://t.co/EJMDwhWP9V — PolitiTweet.org
SBF @SBF_FTX
7) In general remittances are *hard*. People regularly lose 10%+ on their transfers (!!!); it can take a week; and… https://t.co/3NIHhN0FU4 — PolitiTweet.org
SBF @SBF_FTX
6) b) You want to send money back home to a relative in Brazil. You... walk to a physical Western Union store, I… https://t.co/VlDGwj8bWD — PolitiTweet.org
SBF @SBF_FTX
5) Years ago, this was a bit of a hassle; you had to go fish out bills and coins and make change and stuff. But no… https://t.co/uJ81nXjkcS — PolitiTweet.org
SBF @SBF_FTX
4) Here are some bad things. a) Let's say you go to a store and buy some stuff--you know, bread and bananas and bo… https://t.co/ASFMAznhDb — PolitiTweet.org
SBF @SBF_FTX
3) Let's start with payments, both domestic and international. — PolitiTweet.org
SBF @SBF_FTX
2) NOT INVESTMENT ADVICE For the sake of this thread, I'm going to ignore uses like "you can buy tokens and maybe… https://t.co/h8SFRpaTo3 — PolitiTweet.org
SBF @SBF_FTX
1) To what end? Some potential use-cases for crypto. — PolitiTweet.org
SBF @SBF_FTX
Super important work! https://t.co/ndsYTsiizu — PolitiTweet.org
Peter McIntyre @pmcntyr
I spent 7 years preparing to be a doctor before finally realising how much more I could help outside the hospital.… https://t.co/ccc6GM5wO9
SBF @SBF_FTX
@rajgokal @mattytay @solana 👀👀👀 — PolitiTweet.org
SBF @SBF_FTX
RT @Brett_FTX: 👀📱📈 https://t.co/g2M8Nezge8 — PolitiTweet.org
SBF @SBF_FTX
RT @solana: 1/ Gm, campers. It’s time for the Solana Summer Camp Online Hackathon, with $5 million in prizes & seed funding up for grabs!… — PolitiTweet.org
SBF @SBF_FTX
RT @RealVision: "I think the unwinding that had to happen, has happened..." @FTX_Official CEO, @SBF_FTX joins @RaoulGMI for a fascinating… — PolitiTweet.org
SBF @SBF_FTX
RT @Brett_FTX: 1/ Reports on token ownership concentration and DeFi transaction volume often come to incorrect conclusions when centralized… — PolitiTweet.org
SBF @SBF_FTX
@BTCVIX @lowstrife @coingecko @CoinMarketCap @binance yeah totes agree currently trying to figure out what to do w… https://t.co/hfIcxCSEzy — PolitiTweet.org
SBF @SBF_FTX
yup that was it https://t.co/aqqooWHpvO — PolitiTweet.org
CZ 🔶 Binance @cz_binance
Speedy response to issues. Binance to Exclude 13 BTC Spot Pairs in Trading Volume Calculations | Binance Support… https://t.co/d8kVarK3Rp
SBF @SBF_FTX
0 fees = fake volume has been one of the most consistent historical facts in crypto https://t.co/DS1Qx0PInJ — PolitiTweet.org
BTCVIX @BTCVIX
raise your hand if you remember the old OKCoin volumizer days -- look guys no fees !! https://t.co/NOeeDiVjEs
SBF @SBF_FTX
RT @AlamedaResearch: happy to return the Voyager loan and get our collateral back whenever works for voyager — PolitiTweet.org
SBF @SBF_FTX
RT @perkinscr97: I cannot stress this enough. Failure to adopt the direct model as proposed by @SBF_FTX and @FTX_Official will suppres… — PolitiTweet.org
SBF @SBF_FTX
@MikeMcDonald89 @greg16676935420 surprisingly, he's actually not! — PolitiTweet.org
SBF @SBF_FTX
RT @FTX_Official: Want to send crypto to your friend who uses FTX without stressing over getting their address right? https://t.co/xy8kgl… — PolitiTweet.org
SBF @SBF_FTX
RT @FTX_Africa: Akwaaba Ghana! 🇬🇭 Ghana Cedi (GHS) deposits are now LIVE on FTX 🥳 So, what does this mean? 🤔 Users in Ghana can now depo… — PolitiTweet.org