$425 billion of nonexistent money into the economy by the middle of next month.
3 x bitcoins market cap printed out of thin air… 
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How much money is destroyed by them. How does it balance out for the last year?
Its not “non-existent” money
Still significant that the more money is destroyed - recreated than is the BTC market cap.
I could be wrong, but I get the impression this is just new money, rather than replacing destroyed money.
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Who knows. Cointelegraph is not always telling the whole picture. Sounds better for views if they give you the impression its all new money
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Not a reliable source, but looks like they havent been very busy for the last 10 years, maybe playing catch up now.
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They spooked themselves by trying to continue to unload from their books to quickly. Potentially a sell off on Monday to stay ahead of end of quarter, end of year ect. losses. Feels like more of a current stabilizer than any sort of panic or anything.
My impression is that the borrowers have collateral, but need cash. I haven’t been following it very closely though.
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Have to say this Richard Heart guy has all the hallmarks of a scammer or possibly a wannabe cult leader. He struggles to explain his idea in simple terms. He’s evasive, plays the victim, changes the conversation, uses bogus metaphors in place of explanations, answers his own questions rather than the ones asked. I watched him for half an hour and still have no clue as to what Hex really is. Am I missing something?
Bitcoin Law Review - Is Hex a Scam? (w/ RichardHeart) - YouTube from 30:00
He seems to be saying “I will relieve you of your money so others can’t scam you”. Next step, set up a community in the jungles of Guyana.
Apparently he was a Viagra spammer in the 2000s too.
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The "spam king " apparently.
He has a very dubious past.
I’ve read a fair bit about him today, he was shilling anti ageing cream on youtube, and involved in crimes in Panama.
If this articles true, he boasts having a finished product is enough for token sales.
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I’ve never even heard if coinfloor before.
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Ppl who bought in on day 1 are over 95 % down in fiat terms.
I’m not surprised there are ppl upset.
I think it’s actually over 99.5% down
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A new version of my favorite distro released!
https://blog.linuxmint.com/?p=3832
EDIT: Why is the url above not expanded here?
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I’ll also update in due time.
Not sure how uptodate the following link is, but it seems to depend on the site the URL links to.
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https://amp.businessinsider.com/apple-amazon-google-partner-on-smart-home-tech-2019-12
Getting into our homes is far too profitable not to work together.
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There is a lot of money in the home data combined with your phone data.
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Data harvesting is just at it’s infancy.
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