Coinbase approached the SEC about offering a 4% yield product.
They received no clarity. Instead they received the threat of litigation.
Meanwhile, Celsius, Voyager and BlockFi were allowed to offer 10%+ interest products while gambling with user funds.
Good job, Gary.
Build a website that lets consenting adults buy recreational drugs = 2 life sentences + 15 years.
Build a website that steals $10 billion from innocent people = hugs with politicians and celebrity endorsements.
The biggest reason most people don’t achieve their goals and realize their dreams is that they don’t take action, and the number one reason people don’t take action is fear. And, what I tell them is that fear is normal, and as soon as you experience fear, you need to take action.
In all aspects of life:
Process Must Precede Performance
Focusing on Outcomes is Counter-Productive
The Correct Commitment to Process will Lead to Performance
Obsess overr Process and Let Outcomes Flow Naturally
Modest proposal: a progressive taxation model on companies where the more they make, the more they pay.
It’s amazing that people believe taxing individuals is the only way to even the starting line.
Progressive corporate taxation would have a much more enduring effect.
Trading records indicate some American hedge funds were participating in this heinous trade. This is the mindset WSB and the activist short-squeezers ($GME) are fighting against.
Trading records indicate some American hedge funds were participating in this heinous trade. This is the mindset WSB and the activist short-squeezers ($GME) are fighting against.
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