Crypto Crypto News 2022

Canada gives people a reason to seek annonymous transactions as it first blocked funds from GoFundMe, then GiveSendGo, then 2 personal accounts and is also threatning to block accounts, cancel insurance and more to truck drivers protesting.
TD Bank freezes accounts that received money for Canada protests

Justin Trudeau vows to freeze anti-mandate protesters' bank accounts

Only in a digital world this can happen, my bet is lots of northern american funds are going into crypto and not from the known big exchanges like Coinbase as they can be blocked too.
The solution may be spreading fund across a few of the mid tier exchanges based in Cayman Islands.
Problem is the offshore exchanges are also less secure and prone to rugpulls.

My opinion on BTC and to a certain extent ETH is still the same, they're terrible or worse as a currency. Many others to choose from.

 

US billionaire Warren Buffett has had to backflip on his staunch stance against cryptocurrency in an embarrassing concession.

The businessman is a well-known proponent against blockchains and compared Bitcoin – the most popular cryptocurrency – to “rat poison” in 2018.

“Bitcoin is probably rat poison squared,” he said at the time, adding later on that the digital asset “has no unique value at all”.

But in a filing with the US Securities and Exchange Commission (SEC) released earlier this week, Mr Buffett’s company Berkshire Hathaway revealed that it had spent a whopping US$1 billion (A$1.4 billion) on cryptocurrency.

Billionaire’s backflip on ‘rat poison’ crypto

 

Warren B employs a few fund managers who according to him are given fairly free reign.
As for buying BTC end of 2021 it would also likely be the bigest fastest loss ever in an investment fot them.

BRK has been sellling lots of stocks in 20/21 even though ole Wazza say things like never sell.

And he says the same thing about options and derivatives, and yet BRK has made lots of income from trading them.

And some insights

 

Berkshire Hathaway poured money into Nubank, a digital bank based in Brazil. Nubank is a neobank

 

Yeah that news.com.au article is ridiculous. Willfully misleading clickbait. BRK has not spent “a
Whopping USD 1B on cryptocurrency” at all.

 

Wozzer strayed from investing in things like crackto...lots going to get hurt just like the many who think Sydney won't go down to long

 

Crypto lender Celsius Network files for bankruptcy after cash crunch

Investors lose life savings as Celsius goes bankrupt while CEL token loses 85% of its value in 2022

 

And once again, just like a broken record.
This time the Ponzi scam is 30 to 50 Billion.

And everyone points the finger saying "they invested, how could we know?".
And yet all the signs were there, but FTX had friends in very high places and paid very hansomly for them.
Fleecing the masses and the big investors and diving it up for themselves and the politicians involved.
The US gov sent money to Ukraine, Ukraine took their slice, sent the rest to FTX, FTX sent comissions and paid for vote harvesting. All under the guise of foreign aid.
Never short of creativity these cryptonians and politicians.
Now the next step is covering the tracks... let's see how creative they can get.

And all the seeded stories of living a "simple life" in his $40m house in Puerto Rico pmsl.