Daily Crypto NewsEDITION #627, 07 November 2022

CZ and Sam…FUD and…?

Hey Moni Maker 🍀

Today they celebrate Job Action Day in the USA. Long story short, this day is dedicated to job seeking; more precisely, QuintCareers and LiveCareer companies call employees to think about the job place they'd love to work at. 

We'll not eat our words saying a crypto is an excellent place for having your dream job. Why? Hm…cause you can chat with frens, build projects and get WLs here. Freedom, do as you please! 

So…sometimes crypto bugs us, but we should love it and keep it safe. Let's go!

Okay, yesterday was a little bit scary day for crypto. Mr Binance CEO, aka CZ, announced his exchange would sell all FTT coins. Let’s take a look: – Coindesk rolled out an article at the beginning of November about Alameda. Dunno how to describe it better…FUD? Paid FUD? Fair Journalism? Long story short, Alameda has $14.6 billion in capital and $8 billion in liabilities. Hilariously, Alameda's assets are not liquid. Here's a thread. 

– CZ was proudly silent but then tweeted Binance’s plan to sell all FTT tokens regarding such news. Like, yes, we will be selling it coin by coin to never negatively impact the market. 

– Alameda CEO offered CZ to sell these coins to herself at $22 per coin. Hm, is it referring to “i'll buy all the $sol at $3”? 

– You could bear it? Great. So the Twitter Streets are gone nuts. Some tweet CZ tries to liquidate FTX and get its liquidity. Some tweet that it's a wag-the-dog move, and CZ & Sam try to get the attention from the fact crypto capitals are not transparent. Cobie tweeted nobody would win but the community lose. 

Watch it. Btw, we can follow the FTT and BNB charts via Moni. Just a tip :) 

So...it's the new Hayes essay! Arthur is thinking about CBDC and how your government will use it to grab your freedom. 

TL;DR: 

– CBDC is awful sh!t. Using it, your government will make plebs (us) more passive to increase its power 

– Banks are Big Players in political football. That's why even autocratic China doesn't want to kick them cause it gets the possible risks of such battle 

– All big economies are on the edge of accepting CBDC

– But banks will not let CBDC play 100% to save the capital. That's why CBDC will affect us and our financial freedom but not as hard as it could 

– Stablecoins earn significantly more money than banks, while CBDC is not accepted 

– Ofc, Arthur shilled BTC as the only way to escape the CBDC matrix 

Fear, uncertainty and doubt (FUD) — is the spread of deliberately false, or simply negative news and facts, in order to tarnish the reputation of the project.

And more you can find in our Glossary!  

– Coinbase revenue falls 50% as bear market bites harder

– Dapper Labs cuts 22% of employees in As the NFT market declines

– META Corp. plans to introduce NFT minting and trading tools to Instagram

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