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On this video, I focus on a clip of Chamath and David Sacks joking about their Solana positions, and the way they plan to dump it on retail buyers.
The world of cryptocurrency VC’s (enterprise capitalists) is a grimy place, and stands in stark distinction to the the Aristocracy of Satoshi Nakamoto.
Satoshi by no means dumped his baggage on anybody, and even purposefully throttled again his early Bitcoin mining in an effort to give different miners an opportunity.
Warren Buffett’s recommendation remains to be the most effective:
“Should you’ve been enjoying poker for half an hour and you continue to do not know who the patsy is, you are the patsy.”
Not funding recommendation! Seek the advice of a monetary advisor.
Chamath dumps SPCE:
Solana tokens had an enormous allocation to VC’s and insiders:
Solana billionaires laughing at you:
Vitalik bought 25% of his cash:
Satoshi could have mined fewer cash that he might have:
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