/biz/ - Business & Finance

>not selling ada when it took days to do a swap

Based
Charles is a fucking bitch
HEY CHARLES DID YOU HEAR THAT? CRAWL THIS SHIT AND THEN CRY LIKE A LITTLE FAGGOT THAT SOMEONE WAS MEAN TO YOU

>Just wait til they hear about the on-chain ADA reserves of Cardano Foundation, IOHK, and EMURGO being quietly drained and liquidated all fucking year
Charles is gonna fuck off to the Seychelles for the rest of his fucking life someday to avoid the seething baggies Lmao

Bitcoin Maxi's idea of Justice is "Just Us"

This attitude was what fucked up Do Kwon, he kept calling out people poor like a fucking child, and it rattled some whales and made them determined to bring him down. Charles doing the same here by talking shit about bitcoin. Muh smart contracts and defi.
Fuck snob leaders, they should be brought down

>>50404007
You should be ashamed that you own any ADA at all. Saylor might be a lunatic, but he's a million times more based than Husky Chuck.

>>50404007
was there a charles vs saylor debate?

Chose between Saylor & Jack and Charles & Vitalik... Might become btc maxi

>when
hahahahahahahahaha

>>50404069
There's a reason Satoshi didn't pre-mine Bitcoin. He knew securities law.

https://twitter.com/denverbitcoin/status/1529238069378965506

>>50404007
I really hate ADA. Shorted it many many years ago at .32 cents and got liquidated on bitmex. It reached a $1. The spot price was 50 cents.

>>50404007
>>50404079
He did elaborate though if you watched the video and didn’t just copy paste that one quote.

How anyone thinks Bitcoin isn’t a security is retarded you can’t doing anything with it except speculate it’s value which means investors are buying it with the purpose of making a profit, no other reason. Charles is allowed to debate with logic versus some retard that’s knee deep in loss that fires off stupid quotes day after day

That dumb gambling boomer is going to shoot himself when he gets liquidated. Charles is a modern day Steve Jobs.

>>50404007
MONG HAS MONGED MONG!
MONG HAS MONGED MONG!

>>50408441
hi charles kikenson
hope you get your limp checked out soon, those apache helicopters can be brutal eh
thank god that you single handedly saved the world and killed barack osama
now amerikike can rest easily

>they don't know about the cardano ico
It's obviously a security. They even made a manga in Japan to promote it as an investment to retire on.

>>50410886
I hate this dysgenic goblin so much. The amount of brainless praise his cult members spew in the comment section of his every video is insane. I think he might be buying those comments tbqhf

>>50411060
>They even made a manga in Japan to promote it as an investment to retire on.
source?

>>50411103
Want me to drop the entire manga?

>>50404007
>when it reaches break even
Anon I…

>>50411117
im genuinely just curious

>>50404007
if you do that you are a fucking dumb nig

>>50411183
Time for some ancient cardano lore

>ICO in japan to bypass us securities law
>Ada was advertised as a gaming token, to be used in online gambling
>Seven years later still no use for the token of course
>The reason the ada logo looks like it does now is because it was supposed to resemble a poker chip
>Marketers held MLM-style presentations full of misleading promises and false claims
>Ada was claimed to be an investment to retire on because eth and bitshares did at least a 100X.
>Claimed Charles was CEO of ETH (false), CEO of bitshares (lol) and a math genius (false).
>Investors were sold vouchers because they didn't even have a wallet for the blockchain yet
>When Daedalus wallet was released the project was called a scam because the wallet was buggy and took days to connect

Cardano (dot) biz was the site used to for the Japanese ICO. Use an archive site to view the 2016 version.

>>50411309

>>50411183
there's an entire series
>https://www.pixiv.net/en/tags/Cardano/manga

>>50411343

>>50411368

>>50411395

>>50411412

>believe an ex McDonald's employee
>or the co-founder of ETH and creator of ADA
gee I dunno

>>50411431

>>50411448

>>50404007
>when

>>50411469

>>50411491

>>50411508

>>50411529

>>50411576

>>50411588

>>50411604
This is the last page I got. There are two more pages but I'm afraid they might be lost to time.

>>50411060
>>50411309
>>50411343

>>50411636
holy shit what the fuck ahahaha

>>50404007

>>50404007
To know whether or not ada is a security, you have to look at the Howey test. This is the test used by the supreme court whether certain transactions qualify as "investment contracts".
Under the Howey Test, a transaction is an investment contract if;
>It is an investment of money
>There is an expectation of profits from the investment
>The investment of money in an common enterprise
>Any profit comes from the efforts of a promoter or third party
Obviously under these criteria ada is a security.
>It is an investment of money
$1000 ico
>There is an expectation of profits from the investment
The investor presentations shilled it as a 100X
>The investment of money in an enterprise
ADA was built and maintained by IOG/IOHK and no other parties
>Any profit comes from the efforts of a promoter or third party
ADA is obviously a pyramid scheme

>>50404007
According to Rana Saoud from Homeland Security they have met with "Satoshi Nakomoto" and 3 others.
They have confirmed to know the identity of these persons.
>Around 44:30 in the video she will say it.
https://youtu.be/MAOrjlub4Qc?t=2662 [Embed]

Considering they know the identities and the highly centralized distribution..
Will the creators of Bitcoin be sued by Gary Gensler and the SEC for creating an unregistered security? What about Ether? I mean 70% premine + ICO?

https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market

>>50411060
Who made it? IOHK or a fan?

>>50412149
IOHK commissioned some Jap for the ICO

>>50404007
>>Charles: "he's fucked in the head"
while that statement is true in of itself I get the feeling his point was charles controls ada so his mad ravings will disproportionately affect the coin whereas satoshi left bitcoin and its development up to the community which is in the spirit of decenteralization

>>50411060
I guess japanese people must have short lifespans

>>50404007
Saylor isn't a securities lawyer, he's literally talking out his ass.
Don't make emotional decisions because someone wealthier than you said xyz.
That shit is retarded.

>>50410886
Wow, the Metaverse is a big Gay Porn movie!

>>50411309
Wowie

>>50404007
>>50404144
>>50405114
>>50411060
>>50411990
>>50412095
>>50412440
>The Securities and Exchange Commission (SEC) must surrender to Ripple an email with a draft of former director William Hinman’s speech on whether ether is a security
https://www.coindesk.com/policy/2022/01/14/sec-must-surrender-hinman-email-on-ether-to-ripple-judge-rules/

>>50406472
Bro.

>>50408441
>you can’t doing anything with it
you can use it in many places as payment. it was made to be a replacement for the inflationary monetary system. do you look at your paper money and think "damn, i wish this thing had smart contracts"?

also, the same can be said of ADA and any other coin. what can you do with ADA? defi? using crypto to buy crypto? that's not a usecase. buying overpriced jpegs? a tiny fraction of people do that, and it's not enough of a usecase that makes you buy into a security.

>>50411343
>>50411368
>>50411395
>>50411412
>>50411431
>>50411448
>>50411491
>>50411508
>>50411529
>>50411576
>>50411588
>>50411604
>>50411636
>mfw no face