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bernorange

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Everything posted by bernorange

  1. This morning, Silencio held an AMA livestream on X. I listened in and heard the following tidbits: Silencio is already generating revenue (I'm assuming from the optional ads in the app when claiming a recording). They are working on marketing the noise data to portals covering real estate and hospitality booking. An integration of Silencio noise data into Google Maps remains an ideal that they want to accomplish, but it sounds like it's not on the near term horizon.They mentioned that 75% of revenues will go to the Silencio economy - the Silencio foundation will only keep 25% for operations.Silencio is experiencing an exponential growth rate on app usage and noise data recorded. Over 400k users presently and they expect to hit half a million very soon.Silencio has an advisory board that includes some European (government) noise policy honchosThey are working on enhancing the explorer map in the app so people can drill down on a hexagon to see its history of noise recordings (when recordings were made) In addition to the above, Silencio talked about the $SLC token: The token generation event (TGE) and beta airdrop will happen one right after the other (more or less simultaneously).They are finalizing some confirmations with exchanges that will list the $SLC tokens. They expect to have 5-6 exchanges listing $SLC upon the TGE (and more to follow of course).They currently expect the TGE will happen in January (next month). Sounds like there are a few weeks left to improve your League standing if you want more $SLC from the airdrop.The parameters for the "Lucky Draw" distribution for the beta airdrop have changed. The draw will now pick 1,000 winners (instead of 100) and people need to have earned 10k noise tokens to be eligible for the draw (instead of 1k). If you don't have 10k noise tokens presently, you have a few weeks to get there.The PEAQ network will be rolling out a campaign soon and Silencio will be participating in it. When it goes live, we'll be able to earn both $SLC and and $PEAQ (ie. double rewards) for using the app. They didn't provide any details on this, so I'm not sure if there are some special requirements for this or not. I'm sure they will announce details before it goes live though. This is actually pretty cool though as $PEAQ is live trading right now and actually has a market value (about $0.56 per $PEAQ token as I compose this).Silencio will be publishing a white paper with full disclosure on $SLC tokenomics next week if I heard correctly. They mentioned a breakdown of:45% reserved for community (people using the Silencio app)7% to exchanges for trading liquidity11% to investors (VCs)23% to core foundersthey mentioned something for the remaining 14%, but I didn't quite catch it
  2. https://www.bankingdive.com/news/evolve-seeks-dismissal-yotta-lawsuit/735323/
  3. So Ripple Labs is launching a new RLUSD stablecoin. https://www.msn.com/en-us/money/other/xrp-soars-11-as-ripple-rlusd-stablecoin-prepares-to-launch/ar-AA1vGZby So if this is well regulated, I'm guessing they won't be able to claim their XRP holdings as a cash equivalent backing for RLUSD? Will they be forced to dump/sell XRP to raise cash for RLUSD?
  4. In my article, I included citations for credit card transactions (~1,708 per second) and ACH (electronic checking) transactions (~1,458 per second). There are many alt coins that exceed this threshold easily: https://chainspect.app/dashboard Polkadot (DOT) recently stress tested their Kusama chain and processed over 128k transactions per second:
  5. Had to do something to keep the audience awake! (yeah, that's the ticket) I'll see about fixing those - thanks for the feedback. The scalability issue was actually the source of a significant row amongst developers some years ago (block size war/argument). Roger Ver - the guy going to jail for tax evasion - co-authored a book that supposedly covers this topic in more depth (I haven't read the book - just heard about it): https://www.amazon.com/Hijacking-Bitcoin-Hidden-History-BTC/dp/B0CXWBCWDR I tried not to dive too much into the technical weeds for the article.
  6. FWIW, I published a lengthy article addressing Sen. Lummis BITCOIN Act here: https://www.pmbug.com/threads/know-what-you-hold-gold-bitcoin-altcoins-and-government-reserve-funds.7919/
  7. This is easily mitigated with a 10 yards minimum offense.
  8. https://www.coindesk.com/policy/2024/12/05/u-s-regulator-told-banks-to-lay-off-crypto-letters-obtained-by-coinbase-reveal
  9. https://www.msn.com/en-us/money/markets/bitcoin-to-emerge-as-premier-store-of-value-asset-hit-1-million-by-2033-says-bernstein/ar-AA1vkA7E
  10. The contortions of the "rational" mind. Fascinating. The Hawk Tuah girl might actually end up in legal trouble for her rug pull yesterday. Such an obvious grift. Anyone who bought that shit deserves what they got. With respect to value propositions for alt coins, are you asserting that there is zero value for the following use cases? DePIN RWA tokenization cross border remittance DeFi zero knowledge proof systems
  11. Clean up on aisle 5! I take this as a sign that they are getting closer to the airdrop. I suspect it will take at least a couple of weeks for this fraud mitigation effort to play out.
  12. I don't believe that is true. The government just needed to end its war (operation choke point 2.0, etc) and provide regulatory clarity - to get out of the way and stop trying to impede the sector.
  13. Peter Schiff is butthurt and "talking his book" when he rails on crypto (he sees crypto as a competitor to his gold sales). I also think a lot of his social media posts are trolls for engagement farming.
  14. Every (L1 / base layer) crypto has it's own version of a network scan and you can "backtrace" the history of your holdings from your current wallet addresses, but no one can determine who owned the previous addresses from looking at the network scan.
  15. When you have days where you check CMC and BTC is the only red on the screen, I'd say yes. CMC shows over the last 30 days (rounded): BTC - 39% ETH - 50% XRP - 398% SOL - 41% ADA - 260% AVAX - 129% DOT - 194% HBAR - 621% SUI - 93% POL - 140% ATOM - 163% EGLD - 146% I just picked some coins that I keep tabs on. Aside from stablecoins, most everything is outperforming BTC lately.
  16. About XRP: Full thread: https://threadreaderapp.com/thread/1863629746744988152.html
  17. https://www.coindesk.com/markets/2024/12/03/xrp-records-highest-ever-whale-activity-as-7-day-price-gains-near-100 XRP whales have been bag holders for years as the SEC lawsuits against Ripple (XRP) have dragged on and on (and kept XRP locked in the doldrums). I'm quite sure there are many of them eager to finally exit their positions in spite of the ultra bullish nonsense they spout on X.
  18. XRP likely to continue pumping until shortly after the final SEC lawsuit is dropped. After that, it's a crapshoot IMO.
  19. Hunter joined Burisma board in early 2014.
  20. Sorry - I was skimming the post and thought it was referring to a different person. My bad.
  21. Andreessen Horowitz <> Marc Andreessen
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