Create accountLogin

Recent searches

No recent searches

Search options

Only available when logged in.
shakedown.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
A community for live music fans with roots in the jam scene. Shakedown Social is run by a team of volunteers (led by @clifff and @sethadam1) and funded by donations.

Administered by:

Server stats:

278
active users

shakedown.social: AboutStatusProfiles directoryPrivacy policy

Mastodon: AboutGet the appKeyboard shortcutsView source codev4.3.7

#Circle

1 post1 participant0 posts today
Replied in thread
Public *
Ronsboy67

Drama Recs Challenge Day 22

2 #KDrama possibilities - #Circle & especially #MyPerfectStranger are mysteries I'd recommend - but in the end #JDrama #OkitegamiKyōkoNoBibōroku wins for #DramaRecsChallenge because "addictive".

The addictive mystery is "who is she, and why is she a detective?" Since we never find out, I was left craving an S2 . TEN YEARS later, and having watched it FIVE times, I still wish there could be an S2 to explore that mystery. I'd say that counts as an addiction 🤔

An image of a calendar, challenging the person posting it to mention an East Asian Drama each day that meets the listed criterion for that day. Day 22 is "an addictive mystery"
Poster for the Japanese Drama The Memorandum of Kyoko Okitegami. A man and a woman are sitting back to back on a low wall. The man in a grey top and dark trousers is holding a pen in his right hand and a notebook in he left. The woman is in a long green dress, with one leg raised onto the wall. She's holding a pen in her right hand and From the knee to the ankle of the exposed leg is writing, also on her arm and his face.
Public *
⚯ Michel de Cryptadamus ⚯

Good article in The Prospect about the coming STABLE and GENIUS acts, which will give an implicit bail out guarantee to crypto money laundering firms - sorry, i mean "stablecoins" - like #Tether and #Circle (#Coinbase). One of the two would also let #ElonMusk print his own dollars.

Senate #Democrats like #KirstenGillibrand, #ElissaSlotkin, and #RubenGallego, whose election campaigns were supported by incredible amounts of crypto money, will probably make sure these bills become laws (because they are corrupt).

Note that stablecoins are currently incredibly profitable businesses. After all a stablecoin is basically a bank where you spend nothing on anti-money laundering & other regulations, refuse to assist customers who have been scammed, and collect 5% interest from the US government while passing absolutely none of it on to your customers.

prospect.org/power/2025-03-10-

screenshot of headline
#crypto#senate#uspol
Replied in thread
Public *
⚯ Michel de Cryptadamus ⚯

@daedalean @GhostOnTheHalfShell for all intents and purposes there are really only two #stablecoins:

1. USDT (Tether - ~70% of the market)
2. USDC (#Coinbase, technically through a company called Circle - ~25% of the market)

the rest are tiny.

USDC has actually done an audit or two and we know where the money is (it's in a blackrock trust). #Tether has been the subject of a lot of writing and speculation by me and many others for years now.

#KirstenGillibrand works for the Coinbase / #a16z / #Circle axis of crypto evil so this bill is basically creating rules that would push Tether USDT out of the US market.

Coinbase CEO has already made noise about how they will probably have to delist USDT. Circle CFO is on video saying that Tether is a counterfeiting operation.

(fun fact: Circle USDC was the largest depositor at #SiliconValleyBank and if SVB had been allowed to collapse and $3.2bn worth of USDC had died with it the entire crypto industry would have gone kaput.

#moralhazard
ExploreLive feeds
About