Ultimate Crypto Beginners Guide 2024? Let's discuss the cryptocurrency news for bitcoin, ethereum, solana, altcoins, & MORE!

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What is bitcoin? Explain ethereum like i'm five? Let's discuss the latest cryptocurrency news for bitcoin, ethereum, altcoins, & MORE!

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  Ultimate Crypto Beginners Guide 2024? Let's discuss the cryptocurrency news for bitcoin, ethereum, solana, altcoins, & MORE!
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  What is bitcoin? Explain ethereum like i'm five? Let's discuss the latest cryptocurrency news for bitcoin, ethereum, altcoins, & MORE!
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•   Bix Weir - FTX Implosion Leads to Chaos in the Streets
  According to precious metals and financial expert Bix Weir, when the FTX cryptocurrency exchange imploded, it took with it billions of dollars of investments.  It now has more than a million creditors both big and small.  Weir says it is the tip of the iceberg in a dying over-indebted system.  Weir contends it is orders of magnitude worse than the Lehman Brothers meltdown that caused the Great Recession in 2008.
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  Cryptocurrencies. Bitcoin’s creation and development are often attributed to the collective efforts of a group or individual using the name Satoshi Nakamoto, but the true identity (or identities) behind this pseudonym remains one of the most significant mysteries in the cryptocurrency world.

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USAWatchdog.com

According to precious metals and financial expert Bix Weir, when the FTX cryptocurrency exchange imploded, it took with it billions of dollars of investments.  It now has more than a million creditors both big and small.  Weir says it is the tip of the iceberg in a dying over-indebted system.  Weir contends it is orders of magnitude worse than the Lehman Brothers meltdown that caused the Great Recession in 2008.

Weir explains, “Does it really matter if we control the House or the Senate or the Presidency?  The only thing that will matter, the only thing that will change what is going on is when the ATMs shut off and, all of a sudden, people cannot get money out of the bank.  That would change things really fast.  I think it will happen.  All we need is one highly connected derivative bank to go down, and they all go down. They can bail out a trillion-dollar bank, but they cannot bail out a $2 quadrillion failure, and that is what is coming.  The moment that hits is when everybody will say, okay, nobody is getting paid off. . . .We are going to find out in about a month how many counterparties in the FTX debacle will be translated into the derivatives, which is probably 100 times bigger than what happened on FTX.  Every one of those people on the FTX ledger was placing derivative bets that were hedging their crypto position.  Now, their crypto positions have disappeared.  The actual cryptos are no longer there . . .that is what was hedging this transaction.  There are two sides to a derivative trade.  If one side loses, they double lose.  So, we could see a massive, massive fallout from the derivative mess.”

Clinical trials that found therapeutic medications ivermectin and hydroxychloroquine were ineffective Covid treatments were funded by defunct crypto exchange FTX.

Amid the Covid pandemic, the FTX Foundation, helmed by now-infamous FTX CEO Sam Bankman-Fried, bankrolled a clinical trial study group known as Together.