S99: Government & USDT

FIRESIDE CHAT | TECHNOLOGY SERIES | 23-NOVEMBER-2024

This is Sirflex speaking, Your Host! GM everybody, I officially welcome you to today's space.

THE PURGE (EP 15)

Bitcoin Statistic Today MarketCap : $1.95TR Price : $98,743.99 Volume: $79.37B

as we read news, Comrades, share this space, retweet, and show reactions

NEWS

1. Gary Gensler, the SEC chairman set to resign and leave office January 20th, the same day Trump assume office

2. MetaMask introduces Gas Station. sending tokens without the parent coin/token. https://dailycoin.com/no-eth-no-problem-how-metamask-is-enabling-swaps-without-eth-for-fees/?utm_source=cryptopanic&utm_medium=rss

3. SOL ETF is gaining attraction as SEC engage in approval talks

Government & USDT

We are talking about Government and USDT today, because of the major recent happenings in Nigeria, but when we talk about USDT, who are the Government?

law enforcements, regulators, judiciaries, policy makers and every parastatals that are decision makers in the Jurisdiction that we are talking about. this includes, the CBN, SEC, NFIU, EFCC and all the necessary people involved.

between september and now, some firms have paid, restituted or refund in total about 300M Naira for trading USDT against Naira. the agreed that they are not licensed to do so.

but what role is USDT playing in all of this? we will demistify it! let's respond to the quality question, what is USDT?

In today's series, I have one poll & one question for you.

Warm-Up Poll

How have you been using USDT

1. sell everything

2. sell some, keep some

3. I wont sell at all

Questions of the week

What is the first thing you do when you take profit, or when you have new cash inflow?

Remember the rules

1. Engage the polls, engage the comment section, and show reactions so we can all have a wonderful experience today.

2. Today's series is sponsored by SIRFITECH,

Some key points to discuss today are

1. Thanks How did we get to this price,

2. What should people be aware/careful for?

3. will bitcoin get to $100k, How to get involved?

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Shall we begin?

Session 1 - 10Mins

What is USDT?

1. What are we using USDT for ?

2. What network can we find USDT?

3. Is it transparent?

Session 2 - 10 Mins

How are people making money with USDT?

1. What are people doing to make money with USDT

2. is it legal?

Interlude - 5 Mins

1. Read comments and poll update,

2. ask few speakers questions about the question of the day

3. Top 10 crypto asset to look up to

   1. Bitcoin

   2. BRETT: can still be a 10B marketcap, its still in 1.2B right now

   3. Gala: still have potential to do 4x of the price its doing now

   4. FTT: high risk, may be riskier than meme, but it has potential to do 5x from here

   5. SWELL: a new L2 protocol for staking and restaking. big room to grow, bag some now

   6. FILECOIN: DePin project; did an all time high of $168, currently still at $5, enough room to grow

   7. ORAICHAIN: its an AI project, its doing 140M marketcap right now, it is a potential $1B marketcap. that will be 8x from here

Session 3 - 10 Mins

The compliance of USDT today, How is the government involved with USDT?

1. Compliance; how will people comply to the use of USDT

2. Investigation: How are investigation carried out?

3. Your careful landscape of using USDT?

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Comrade of the week

Jottings

Conclusion

If you don’t believe me or don’t get it, I do not have the time to try to convince you, sorry! -Satoshi Nakamoto (July 2010) Price of bitcoin: $0.08