Saifedean Ammous: "If your business model can’t handle a -80% Bitcoin drawdown, rework your business model right now, because I think we’re getting toward the very shaky ground of the top and the fall from it."
Saifedean Ammous: "If your business model can’t handle a -80% Bitcoin drawdown, rework your business model right now, because I think we’re getting toward the very shaky ground of the top and the fall from it."
As of Thursday, the SUCK Channel had 34,146 subscribers, with only one message dated August 28, 2020. It was an announcement stating that police had removed all posts on the channel because its content “contravenes the laws of Hong Kong.” As the broader market downturn continues, yelling online has become the crypto trader’s latest coping mechanism after the rise of Goblintown Ethereum NFTs at the end of May and beginning of June, where holders made incoherent groaning sounds and role-played as urine-loving goblin creatures in late-night Twitter Spaces. Those being doxxed include outgoing Chief Executive Carrie Lam Cheng Yuet-ngor, Chung and police assistant commissioner Joe Chan Tung, who heads police's cyber security and technology crime bureau. The public channel had more than 109,000 subscribers, Judge Hui said. Ng had the power to remove or amend the messages in the channel, but he “allowed them to exist.” Telegram channels fall into two types:
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