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Saw a few discussions about size of hack, why impact to bitcoin price is small, etc. 👇 $6.3 billion is the biggest in USD terms, but not in BTC terms. MtGox was 650,000 BTC! Other important numbers to consider: % of bitcoin (in relation to BTC total supply), ie, market impact. MtGox is big there again at 5%+. Number of users impacted, and % of user assets impacted. MtGox (the largest CEX at the time) and FTX (not small) were all near 100% of users and their asseets. Most important: Who is impacted? Does the platform cover it all? (only one victim), as in recent two CEX cases and Binance. Obviously, still a major disaster for the industry, Binance (and me). It hurts, but we survive. Most importantly, we protect our users. (image from @MatthewRoszak)

Elon, have a lot of respect for you, but bad time to troll. Please stop. Our SPCX shares (from our $500m investment in your Twitter takeover) are worth more than a billion. Would appreciate if you show a little support. Thanks!

Marketing is great, but it needs to be backed up by real product (that people use). Focus on real builders.

Vitalik had a few "Easy Residence" nights at my home in 2015, way before ETH took off. Should have put in a 5% investment like we do at Easy Residence now. But then again, there might not be #BNB had I done that.😆 (photo from July 2014, chilling in my hotel room in Chicago)

I don't use Telegram. All those accounts are fake. Not against Telegram, but the one feature that killed it for me was anyone can message you when they know your handle. And I get spammed to the point my phone lags. Gave this feedback to Pavel directly once too. 🤷‍♂️

A Crazy Idea for Token Issuance What if someone issues a token with the following tokenomics? Initially, 10% of the tokens are unlocked and sold on the market. The proceeds go to the project team to build out the product/platform, marketing, salaries, etc. Each future unlock must meet ALL of the following conditions: 1. Six months after the previous unlock. 2. ONLY IF the token price has sustained above 2x of the previous unlock price for more than 30 days immediately before the unlock. 3. Up to 5% of tokens maximum each time. For example, if the TGE was in Jan with a price of $1, by June, if the token price is still less than $2, no more tokens can be unlocked. Let’s say the token's price was above $2 from July 4 to Aug 3, then on Aug 3, 5% more tokens can be unlocked into circulation. Say the price is $3 on Aug 3. The next earliest unlock possible is March 3 next year, and only if the price is above $6 for longer than 30 days. The project teams have the discretion to delay or reduce the size of each unlock. If they don’t want to sell more, they don’t have to. But the maximum they can sell (unlock) each time is 5%, and then they have to wait for at least another 6 months AND the price to double again. The project team does NOT have the discretion to shorten or increase the size of the next unlock. The tokens shall be locked by a smart contract where a third party controls the keys. This avoids new tokens flooding the market when prices are low. It also gives the project team incentives to build for the long term. I have no plans to issue a new token. Just an idea for discussion.