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#Pause This audio explains why trust in the system is slowly eroding. My story is not unique. EcoCash ,EcoCash was undoubtedly a game changer for money transactions in Zimbabwe. For years, it made sending and receiving money quick and convenient. However, lately I’ve become disillusioned with the platform’s integrity,... checks and balances. Audios circulating on WhatsApp confirm that I’m not the only one concerned, especially when it comes to diaspora remittances and how transactions are being handled. Money transfer platforms like WorldRemit generally offer efficient services, but there is room for improvement when things go wrong. In my case, I accidentally entered one wrong digit in the recipient’s phone number. The money landed in a stranger’s wallet and they were able to use this unexpected “bonus” with no hassle at all. Yes, I fully admit my mistake. But my question is this: how is someone able to withdraw money that was not meant for them, especially when the funds are not in their name? There should be a system where recipients are required to enter their identification number before EcoCash releases the money. Typing a wrong digit is very easy, especially with thick fingers like mine! When I contacted WorldRemit, they explained that once the money leaves their system, they have no control over it and advised me to contact EcoCash for a reversal. But we all know how challenging that process can be. Now, regarding the audios circulating: several people are warning others in their WhatsApp groups not to use EcoCash, claiming money is allegedly being intercepted even before it reaches the intended recipient. Some claim close to 1,000 people have already filed police reports. This situation cannot continue. These companies already have systems in place for cash pick-up services where identification is required. Why not apply the same principle to mobile wallet transactions? All it would take is a simple step: require recipients to enter their ID number before funds are released. It shouldn’t be difficult to implement. This would protect both senders and recipients, and help restore trust in the system.show more

King Jay🇿🇼

80,866 subscribers

90,956 просмотров • 6 месяцев назад •via X (Twitter)

Финансы #Pause

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Larson: The plan is to enhance social security, not to cut it so that people who are currently struggling, people now, today, not waiting for a study but as we speak, are getting below poverty level checks. And you stand there and tell me we're throwing money at them? They didn't think it was throwing money when they were paying the money out of their paycheck and they put their trust and confidence in the United States of America to return to them a benefit that has been the number one anti-poverty program for the country.

Larson: The plan is to enhance social security, not to cut it so that people who are currently struggling, people now, today, not waiting for a study but as we speak, are getting below poverty level checks. And you stand there and tell me we're throwing money at them? They didn't think it was throwing money when they were paying the money out of their paycheck and they put their trust and confidence in the United States of America to return to them a benefit that has been the number one anti-poverty program for the country.

Acyn

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CBEX is trending because it has officially crashed. [Explained + Video] Today, they moved $822,852,811.66 (₦1,337,021,554,889.20 trillion) into a private ETH wallet, as users funds dissapeared from their wallets and turned to 0.00. Fun fact, the funds disappeared immediately you deposited. Not today. Now, they’ve locked all their telegram channels, postponed withdrawals. But gave investors a lifeline. — If you have up to $1000 in, you should pay another $200 for verification. If you have less than $1000, you will pay $100 for verification. Because, they’ve suffered a security breach and they will use this funds to authenticate YOU, to enable YOU withdraw your locked funds. Incase you are wondering what CBEX is. It is an AI trading platform that gives you 100% ROI in only 30 days! Like Jack said, the red flags are no longer flying. Now, they are walking, running and dancing. In summary this is what happened. Like our analyst explained on the space yesterday. Their website is too fragile, almost like they deliberately didn’t put any effort into securing it. And this is why.. Apparently, when you make payments, you pay it into a TRX account, and then, immediately, they move it from that TRX wallet and, they gather it, and covert it to USDT to ETH. So, when you are logging into your account, there is literally no money on your profile. What you see are just a numbers. All the daily activities you do to “trade”, to increase your money. All the AI trading, it’s all fake. When it’s time for withdrawal, they will send you another person’s money. Since, you won’t be leaving them because of greed. You will most likely put the money back and even more. So, they will use that same money to pay another person. As you spread the word for them, more people will join and do the same. This is why you’ve not been able to withdraw. Unfortunately, all the money you’ve paid were finally converted to ETH this weekend. A total of $822,852,811.66 million USD. All sent to one particular ETH wallet, where it is sitting pretty, they will likely move it finally this week. So, the TRX account paying you is empty. Now to refill this TRX account, they’ve now asked you lots to pay “verification” fee. i.e. the $100 and $200. This one will go into the TRX, USDT accounts, then they will use it to pay some people. The cycle begins again. We can’t fully say all they’ll move is $822M. Because, they are still moving funds. Alas, Nigerians have gifted these guys about ₦1,337,021,554,889.20 trillion. And they are still asking for more. Can it be recovered? Yes. But it’s an expensive process(s). But ultimately, they are not a licensed trading platform, they cannot hold your money, that’s why they designed their weak website to look like ByBit, which is a legitimate trading platform. No AI can give you 100% ROI in trading. It was a classic MMM. In reality, all the funds are gone. Unless, people decide to pay the $100 and $200 verification fees. That way, they will settle some people. If you want to fully understand the technical part with all the lingo, we’ve attached a proper video from security analyst, Taiwo Owolabi. He shows how the money moved and where it moved to. This is the TRX address you can trace it yourself:TDqSquXBgUCLYvYC4XZgrprLK589dkhSCf The total volume stolen so far in USDT is $847 million. It might increase. Please follow Trending Explained for daily explanations!

Trending Explained

218,909 просмотров • 1 год назад

This is Waterfalls, a medium-density suburb in Harare, with big houses on large stands. In colonial times, it was mainly a white suburb. In London terms, you could compare it to somewhere like Croydon, and in Johannesburg to a place like Norwood. Now look at the road in this video. Here is the joke. The Minister of Transport, the man responsible for this disaster, was recently declared Minister of the Year in Zimbabwe. In other words, he was judged the best minister in the entire cabinet under Emmerson Mnangagwa. Just imagine how catastrophically useless the rest of them must be to be beaten by someone presiding over this level of decay. When we talk about incompetence, corruption, and the looting of public funds, some people think we are just politicking. This is what we are talking about. This is supposed to be a relatively affluent suburb. Yet motorists are forced to abandon what is meant to be the road just to get where they are going. Sometimes they have to drive on the wrong side because it is slightly less destroyed, and then they get fined for it. This is not an accident. This is what happens when a country is run by an incompetent, corrupt, and ruthless mafia. This is today’s Zimbabwe. Perhaps it is important for me to share a bit of history. When Zimbabwe became independent in 1980, roads were controlled, repaired, and maintained by local authorities, the city councils. When the ZANUPF government realised how much money was coming from motorists, they took over control of the roads and of the taxes that are supposed to ensure that roads are properly maintained. These include vehicle licence fees, tollgate fees on highways, carbon tax, and taxes from fuel. Every dollar spent at the fuel pump includes a portion that is supposed to go to road maintenance. This is a revenue stream close to a billion dollars every year. There is no shortage of money. Zimbabweans pay four different taxes just to own and use a car. The problem is that this money is looted. This is the money that should be fixing these roads. Instead, it is being stolen. They do not just steal the road tax money. They also steal from motorists again when people are forced to repair damage caused by this dilapidated road infrastructure, and then they congratulate the minister responsible with an award for it.

This is Waterfalls, a medium-density suburb in Harare, with big houses on large stands. In colonial times, it was mainly a white suburb. In London terms, you could compare it to somewhere like Croydon, and in Johannesburg to a place like Norwood. Now look at the road in this video. Here is the joke. The Minister of Transport, the man responsible for this disaster, was recently declared Minister of the Year in Zimbabwe. In other words, he was judged the best minister in the entire cabinet under Emmerson Mnangagwa. Just imagine how catastrophically useless the rest of them must be to be beaten by someone presiding over this level of decay. When we talk about incompetence, corruption, and the looting of public funds, some people think we are just politicking. This is what we are talking about. This is supposed to be a relatively affluent suburb. Yet motorists are forced to abandon what is meant to be the road just to get where they are going. Sometimes they have to drive on the wrong side because it is slightly less destroyed, and then they get fined for it. This is not an accident. This is what happens when a country is run by an incompetent, corrupt, and ruthless mafia. This is today’s Zimbabwe. Perhaps it is important for me to share a bit of history. When Zimbabwe became independent in 1980, roads were controlled, repaired, and maintained by local authorities, the city councils. When the ZANUPF government realised how much money was coming from motorists, they took over control of the roads and of the taxes that are supposed to ensure that roads are properly maintained. These include vehicle licence fees, tollgate fees on highways, carbon tax, and taxes from fuel. Every dollar spent at the fuel pump includes a portion that is supposed to go to road maintenance. This is a revenue stream close to a billion dollars every year. There is no shortage of money. Zimbabweans pay four different taxes just to own and use a car. The problem is that this money is looted. This is the money that should be fixing these roads. Instead, it is being stolen. They do not just steal the road tax money. They also steal from motorists again when people are forced to repair damage caused by this dilapidated road infrastructure, and then they congratulate the minister responsible with an award for it.

Hopewell Chin’ono

93,300 просмотров • 6 месяцев назад

🚨#BREAKING - MARITIME LAW - Ok, this is epic, and it will blow your mind, if you don't even know it. Those who are awake will know. That's great and this is what we should share. So, your birth certificate is where it all begins. This is where much of the corruption begins. The moment you sign your BC, it is Maritime law. You are actually signing a form that classifies you as dead at sea. You become a commodity of the system and honestly you Google it, you research it and you probably have to be fair like I said, but it's true. You become um... In a sense, they seize all the assets and go into what they call a trust fund and then you have 6 years to declare yourself alive. Declare yourself still here and then you can regain your sovereignty. But we didn't know that. It was a system they had set up so that you and I and everyone else were traded like cattle on the stock market. So each of us has a trust fund. And depending on how old you are, it depends on how much money is there. So if you're over 50 or something, you've got millions in there because that's how long we've been traded for. And this is another thing that is also crazy. That's why the mortgage system is absolutely ruined. So when you go for a mortgage, you basically sign the papers and they always tell you, "come back in 3 days and we'll have the money." They then take that money out of their trust fund to pay for the house. So, that comes out of your trust fund in your name, which has been growing since you were born. They then charge you interest on your money, but they don't care about the monetary side. They want the house. So if you miss a payment, they'll miss out immediately, because they can repossess your house. For them the house is a commodity, an asset. Wait to share what the banks do, but this trust fund is where much of your money will come from and be returned to you. This is their money that they have earned from you. So, that's just one thing. Then you also have the tax side. Taxes have never been taken from us, it is illegal. It is a corrupt system. So, all the taxes that we pay, it is not that they are going to return them to us, like the exact amount of taxes that we paid. What I have heard on the channels is the fact that it will be bond based, so at a certain age you will get so much money back, at a certain age this... I think the 62+ category was like 110k or something like that. But obviously they'll know more about that when it comes, but that's where more money comes from. Honestly, you are ready to live a life of abundance. This is money that was ours, that should be ours, that we should have been living with to create a better life. Instead, they have put us in this corrupt system where they have been fighting and they are taking all of our money and keeping it for themselves. for themselves. I hope I have shed light on this. Many people ask where this abundance comes from. Remember that the 1% controlled 99% of the wealth that now comes back to us to live a completely different life. They will give us what is owed to us because we should never have fought like this. Join, it's not too late! 👇 ✅️

🚨#BREAKING - MARITIME LAW - Ok, this is epic, and it will blow your mind, if you don't even know it. Those who are awake will know. That's great and this is what we should share. So, your birth certificate is where it all begins. This is where much of the corruption begins. The moment you sign your BC, it is Maritime law. You are actually signing a form that classifies you as dead at sea. You become a commodity of the system and honestly you Google it, you research it and you probably have to be fair like I said, but it's true. You become um... In a sense, they seize all the assets and go into what they call a trust fund and then you have 6 years to declare yourself alive. Declare yourself still here and then you can regain your sovereignty. But we didn't know that. It was a system they had set up so that you and I and everyone else were traded like cattle on the stock market. So each of us has a trust fund. And depending on how old you are, it depends on how much money is there. So if you're over 50 or something, you've got millions in there because that's how long we've been traded for. And this is another thing that is also crazy. That's why the mortgage system is absolutely ruined. So when you go for a mortgage, you basically sign the papers and they always tell you, "come back in 3 days and we'll have the money." They then take that money out of their trust fund to pay for the house. So, that comes out of your trust fund in your name, which has been growing since you were born. They then charge you interest on your money, but they don't care about the monetary side. They want the house. So if you miss a payment, they'll miss out immediately, because they can repossess your house. For them the house is a commodity, an asset. Wait to share what the banks do, but this trust fund is where much of your money will come from and be returned to you. This is their money that they have earned from you. So, that's just one thing. Then you also have the tax side. Taxes have never been taken from us, it is illegal. It is a corrupt system. So, all the taxes that we pay, it is not that they are going to return them to us, like the exact amount of taxes that we paid. What I have heard on the channels is the fact that it will be bond based, so at a certain age you will get so much money back, at a certain age this... I think the 62+ category was like 110k or something like that. But obviously they'll know more about that when it comes, but that's where more money comes from. Honestly, you are ready to live a life of abundance. This is money that was ours, that should be ours, that we should have been living with to create a better life. Instead, they have put us in this corrupt system where they have been fighting and they are taking all of our money and keeping it for themselves. for themselves. I hope I have shed light on this. Many people ask where this abundance comes from. Remember that the 1% controlled 99% of the wealth that now comes back to us to live a completely different life. They will give us what is owed to us because we should never have fought like this. Join, it's not too late! 👇 ✅️

GP Q

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Wike Replies Channels TV "Media organizations are not set up for charity, they are for business. "Reason they do adverts and collect money. Apart from payments for adverts and Live Coverage, there are Commercial News on which money are paid. "This is how they make money to fund their operations and pay staff salaries. Why then should we hide this obvious fact? So if government allocated land (not sell, because in the FCT, government don't sell lands) to a media organization to build structures where it run its business, is the organization not making money from the land? "Also, if allocation of land to you is right, why should it be wrong when others get?"

Wike Replies Channels TV "Media organizations are not set up for charity, they are for business. "Reason they do adverts and collect money. Apart from payments for adverts and Live Coverage, there are Commercial News on which money are paid. "This is how they make money to fund their operations and pay staff salaries. Why then should we hide this obvious fact? So if government allocated land (not sell, because in the FCT, government don't sell lands) to a media organization to build structures where it run its business, is the organization not making money from the land? "Also, if allocation of land to you is right, why should it be wrong when others get?"

UNCLE DEJI™️

131,974 просмотров • 2 месяцев назад

MARITIME LAW Ok, this is epic, and it will blow your mind, if you don't even know it. Those who are awake will know. That's great and this is what we should share. So, your birth certificate is where it all begins. This is where much of the corruption begins. The moment you sign your BC, it is Maritime law. You are actually signing a form that classifies you as dead at sea. You become a commodity of the system and honestly you Google it, you research it and you probably have to be fair like I said, but it's true. You become um... In a sense, they seize all the assets and go into what they call a trust fund and then you have 6 years to declare yourself alive. Declare yourself still here and then you can regain your sovereignty. But we didn't know that. It was a system they had set up so that you and I and everyone else were traded like cattle on the stock market. So each of us has a trust fund. And depending on how old you are, it depends on how much money is there. So if you're over 50 or something, you've got millions in there because that's how long we've been traded for. And this is another thing that is also crazy. That's why the mortgage system is absolutely ruined. So when you go for a mortgage, you basically sign the papers and they always tell you, "come back in 3 days and we'll have the money." They then take that money out of their trust fund to pay for the house. So, that comes out of your trust fund in your name, which has been growing since you were born. They then charge you interest on your money, but they don't care about the monetary side. They want the house. So if you miss a payment, they'll miss out immediately, because they can repossess your house. For them the house is a commodity, an asset. Wait to share what the banks do, but this trust fund is where much of your money will come from and be returned to you. This is their money that they have earned from you. So, that's just one thing. Then you also have the tax side. Taxes have never been taken from us, it is illegal. It is a corrupt system. So, all the taxes that we pay, it is not that they are going to return them to us, like the exact amount of taxes that we paid. What I have heard on the channels is the fact that it will be bond based, so at a certain age you will get so much money back, at a certain age this... I think the 62+ category was like 110k or something like that. But obviously they'll know more about that when it comes, but that's where more money comes from. Honestly, you are ready to live a life of abundance. This is money that was ours, that should be ours, that we should have been living with to create a better life. Instead, they have put us in this corrupt system where they have been fighting and they are taking all of our money and keeping it for themselves. for themselves. I hope I have shed light on this. Many people ask where this abundance comes from. Remember that the 1% controlled 99% of the wealth that now comes back to us to live a completely different life. They will give us what is owed to us because we should never have fought like this.

MARITIME LAW Ok, this is epic, and it will blow your mind, if you don't even know it. Those who are awake will know. That's great and this is what we should share. So, your birth certificate is where it all begins. This is where much of the corruption begins. The moment you sign your BC, it is Maritime law. You are actually signing a form that classifies you as dead at sea. You become a commodity of the system and honestly you Google it, you research it and you probably have to be fair like I said, but it's true. You become um... In a sense, they seize all the assets and go into what they call a trust fund and then you have 6 years to declare yourself alive. Declare yourself still here and then you can regain your sovereignty. But we didn't know that. It was a system they had set up so that you and I and everyone else were traded like cattle on the stock market. So each of us has a trust fund. And depending on how old you are, it depends on how much money is there. So if you're over 50 or something, you've got millions in there because that's how long we've been traded for. And this is another thing that is also crazy. That's why the mortgage system is absolutely ruined. So when you go for a mortgage, you basically sign the papers and they always tell you, "come back in 3 days and we'll have the money." They then take that money out of their trust fund to pay for the house. So, that comes out of your trust fund in your name, which has been growing since you were born. They then charge you interest on your money, but they don't care about the monetary side. They want the house. So if you miss a payment, they'll miss out immediately, because they can repossess your house. For them the house is a commodity, an asset. Wait to share what the banks do, but this trust fund is where much of your money will come from and be returned to you. This is their money that they have earned from you. So, that's just one thing. Then you also have the tax side. Taxes have never been taken from us, it is illegal. It is a corrupt system. So, all the taxes that we pay, it is not that they are going to return them to us, like the exact amount of taxes that we paid. What I have heard on the channels is the fact that it will be bond based, so at a certain age you will get so much money back, at a certain age this... I think the 62+ category was like 110k or something like that. But obviously they'll know more about that when it comes, but that's where more money comes from. Honestly, you are ready to live a life of abundance. This is money that was ours, that should be ours, that we should have been living with to create a better life. Instead, they have put us in this corrupt system where they have been fighting and they are taking all of our money and keeping it for themselves. for themselves. I hope I have shed light on this. Many people ask where this abundance comes from. Remember that the 1% controlled 99% of the wealth that now comes back to us to live a completely different life. They will give us what is owed to us because we should never have fought like this.

Tp

440,100 просмотров • 2 лет назад

Australian banks have imposed restrictions on customers making cash withdrawals. "How can you go to a bank and not be able to get your own money out?" "People are saying where is [my money]? You have my hard-earned cash, where is it? When the answer that you get is I just don't have it, it really does get you thinking about our whole banking system."

Australian banks have imposed restrictions on customers making cash withdrawals. "How can you go to a bank and not be able to get your own money out?" "People are saying where is [my money]? You have my hard-earned cash, where is it? When the answer that you get is I just don't have it, it really does get you thinking about our whole banking system."

TFTC

253,338 просмотров • 2 лет назад

Dr Paul Moturi – Executive Director, Pacemaker International: There are enough funds in the education sector but the system in place is the challenge. We have money all over and some people know how to abuse the system; for example, a governor indicated as he was issuing the bursaries to his constituents that the people who didn’t vote would not receive the funds #DayBreak Serfine Achieng

Dr Paul Moturi – Executive Director, Pacemaker International: There are enough funds in the education sector but the system in place is the challenge. We have money all over and some people know how to abuse the system; for example, a governor indicated as he was issuing the bursaries to his constituents that the people who didn’t vote would not receive the funds #DayBreak Serfine Achieng

Citizen TV Kenya

15,423 просмотров • 2 лет назад

The truth came out DC Lobbyist Desirée Townsend spoke with Congress Reps. The REAL REASON Democrats are fighting for illegal’s healthcare is because states like California have so many illegals their entire healthcare system runs on the taxpayer money for illegals “Let's take California, for example. California has a high demographic of individuals that are not here legally, and prior to the expansion of healthcare for them, the hospitals were inundated with people they could not handle. And so, when that expansion happened and immigrants who are here, undocumented immigrants that are here were able to get insurance, all of a sudden, you then had this new kind of revenue stream that came in not only to the hospitals but now to all these doctors and providers in California. — California will be a catastrophe because you'll have all of these individuals now that are not documented with no health insurance. So, all of the providers that were making money off of this kind of, like, new economics in California are- are now not gonna be making any money. And instead, these individuals that are undocumented are gonna have to go to the hospital for treatment, and that's going to, instead of make the hospital money because they're covered by Medicaid, it's going to create a situation where now the hospitals are losing millions of dollars. So, that is what I believe the sticking point is with Medicaid with Democrats. It has to do with a situation in states like California where you have millions and millions of undocumented individuals, um, and if they lose insurance, not only will the providers now not make money and the hospitals are not making money”

The truth came out DC Lobbyist Desirée Townsend spoke with Congress Reps. The REAL REASON Democrats are fighting for illegal’s healthcare is because states like California have so many illegals their entire healthcare system runs on the taxpayer money for illegals “Let's take California, for example. California has a high demographic of individuals that are not here legally, and prior to the expansion of healthcare for them, the hospitals were inundated with people they could not handle. And so, when that expansion happened and immigrants who are here, undocumented immigrants that are here were able to get insurance, all of a sudden, you then had this new kind of revenue stream that came in not only to the hospitals but now to all these doctors and providers in California. — California will be a catastrophe because you'll have all of these individuals now that are not documented with no health insurance. So, all of the providers that were making money off of this kind of, like, new economics in California are- are now not gonna be making any money. And instead, these individuals that are undocumented are gonna have to go to the hospital for treatment, and that's going to, instead of make the hospital money because they're covered by Medicaid, it's going to create a situation where now the hospitals are losing millions of dollars. So, that is what I believe the sticking point is with Medicaid with Democrats. It has to do with a situation in states like California where you have millions and millions of undocumented individuals, um, and if they lose insurance, not only will the providers now not make money and the hospitals are not making money”

Wall Street Apes

1,058,783 просмотров • 9 месяцев назад

Palmer Luckey on the question he asked his billionaire group chat Palmer is asked how he feels about billionaires who have sold their companies and are now cruising the Mediterranean on their yachts, rather than betting their fortune to make the world a better place. He responds: “I’m in a group chat called ‘The B-Boys Club.’ It’s all boys who have sold a company for at least a billion dollars… It doesn’t exclude women. Women would be allowed. It’s just thus far only boys have applied. And for years — all the way back to when I sold my company and got invited to the B Boys Club — I’ve tried to shame people: ‘You have so much money. Why are you not doing what you know is the right thing to do with this capital?’” He asks them: “Are you going to be Batman or are you going to be you?” Palmer has succeeded in changing the thinking of some members. Others have replied that racing old vintage race cars is extremely fun. “I’ve paid my dues Palmer,” they say, “I’m not in it to stress like used to when I started my company.” To Palmer, money is just a small part of it though. These people could leverage their intelligence, network, and reputations to affect tremendous change: “Why was I able to start Anduril? Money was a small part of it… People believed in me because I was proven founder who had started a multi-billion dollar company that successfully exited. That makes it easier to recruit people. You’re in a position to do what no amount of money alone could do. You could take some guy off the street and give him $10 billion, but he won’t be able to accomplish half of what some of these people would be able to accomplish… [Reputation] is a free resource. You don’t even have to spend you’re money.” This is why Palmer hasn’t done The Giving Pledge: “When you pledge to give away your money, what you’re really saying is, ‘I think other people can do more good with my money than I can.’ and ‘I think my view of the world will be more competently executed by others than myself.’.. Maybe there are people who are truly mentally and physically not what they used to be. But for many people, I think they could absolutely achieve their goals better than handing it to a non-founder or NGO.” He continues: “My thinking is I’ve got a view as to how the world should be, and I don’t think that there’s anyone else who’s going to more-faithfully execute on that than me. When I’m all old and used up, maybe I’ll change my mind.” Source: Peter H. Diamandis, MD (May 2025)

Palmer Luckey on the question he asked his billionaire group chat Palmer is asked how he feels about billionaires who have sold their companies and are now cruising the Mediterranean on their yachts, rather than betting their fortune to make the world a better place. He responds: “I’m in a group chat called ‘The B-Boys Club.’ It’s all boys who have sold a company for at least a billion dollars… It doesn’t exclude women. Women would be allowed. It’s just thus far only boys have applied. And for years — all the way back to when I sold my company and got invited to the B Boys Club — I’ve tried to shame people: ‘You have so much money. Why are you not doing what you know is the right thing to do with this capital?’” He asks them: “Are you going to be Batman or are you going to be you?” Palmer has succeeded in changing the thinking of some members. Others have replied that racing old vintage race cars is extremely fun. “I’ve paid my dues Palmer,” they say, “I’m not in it to stress like used to when I started my company.” To Palmer, money is just a small part of it though. These people could leverage their intelligence, network, and reputations to affect tremendous change: “Why was I able to start Anduril? Money was a small part of it… People believed in me because I was proven founder who had started a multi-billion dollar company that successfully exited. That makes it easier to recruit people. You’re in a position to do what no amount of money alone could do. You could take some guy off the street and give him $10 billion, but he won’t be able to accomplish half of what some of these people would be able to accomplish… [Reputation] is a free resource. You don’t even have to spend you’re money.” This is why Palmer hasn’t done The Giving Pledge: “When you pledge to give away your money, what you’re really saying is, ‘I think other people can do more good with my money than I can.’ and ‘I think my view of the world will be more competently executed by others than myself.’.. Maybe there are people who are truly mentally and physically not what they used to be. But for many people, I think they could absolutely achieve their goals better than handing it to a non-founder or NGO.” He continues: “My thinking is I’ve got a view as to how the world should be, and I don’t think that there’s anyone else who’s going to more-faithfully execute on that than me. When I’m all old and used up, maybe I’ll change my mind.” Source: Peter H. Diamandis, MD (May 2025)

Startup Archive

132,182 просмотров • 11 дней назад

Palmer Luckey on the question he asked his billionaire group chat Palmer is asked how he feels about billionaires who have sold their companies and are now cruising the Mediterranean on their yachts, rather than betting their fortune to make the world a better place. He responds: “I’m in a group chat called ‘The B-Boys Club.’ It’s all boys who have sold a company for at least a billion dollars… It doesn’t exclude women. Women would be allowed. It’s just thus far only boys have applied. And for years — all the way back to when I sold my company and got invited to the B Boys Club — I’ve tried to shame people: ‘You have so much money. Why are you not doing what you know is the right thing to do with this capital?’” He asks them: “Are you going to be Batman or are you going to be you?” Palmer has succeeded in changing the thinking of some members. Others have replied that racing old vintage race cars is extremely fun. “I’ve paid my dues Palmer,” they say, “I’m not in it to stress like used to when I started my company.” To Palmer, money is just a small part of it though. These people could leverage their intelligence, network, and reputations to affect tremendous change: “Why was I able to start Anduril? Money was a small part of it… People believed in me because I was proven founder who had started a multi-billion dollar company that successfully exited. That makes it easier to recruit people. You’re in a position to do what no amount of money alone could do. You could take some guy off the street and give him $10 billion, but he won’t be able to accomplish half of what some of these people would be able to accomplish… [Reputation] is a free resource. You don’t even have to spend you’re money.” This is why Palmer hasn’t done The Giving Pledge: “When you pledge to give away your money, what you’re really saying is, ‘I think other people can do more good with my money than I can.’ and ‘I think my view of the world will be more competently executed by others than myself.’.. Maybe there are people who are truly mentally and physically not what they used to be. But for many people, I think they could absolutely achieve their goals better than handing it to a non-founder or NGO.” He continues: “My thinking is I’ve got a view as to how the world should be, and I don’t think that there’s anyone else who’s going to more-faithfully execute on that than me. When I’m all old and used up, maybe I’ll change my mind.” Video source: Peter H. Diamandis, MD (2025)

Palmer Luckey on the question he asked his billionaire group chat Palmer is asked how he feels about billionaires who have sold their companies and are now cruising the Mediterranean on their yachts, rather than betting their fortune to make the world a better place. He responds: “I’m in a group chat called ‘The B-Boys Club.’ It’s all boys who have sold a company for at least a billion dollars… It doesn’t exclude women. Women would be allowed. It’s just thus far only boys have applied. And for years — all the way back to when I sold my company and got invited to the B Boys Club — I’ve tried to shame people: ‘You have so much money. Why are you not doing what you know is the right thing to do with this capital?’” He asks them: “Are you going to be Batman or are you going to be you?” Palmer has succeeded in changing the thinking of some members. Others have replied that racing old vintage race cars is extremely fun. “I’ve paid my dues Palmer,” they say, “I’m not in it to stress like used to when I started my company.” To Palmer, money is just a small part of it though. These people could leverage their intelligence, network, and reputations to affect tremendous change: “Why was I able to start Anduril? Money was a small part of it… People believed in me because I was proven founder who had started a multi-billion dollar company that successfully exited. That makes it easier to recruit people. You’re in a position to do what no amount of money alone could do. You could take some guy off the street and give him $10 billion, but he won’t be able to accomplish half of what some of these people would be able to accomplish… [Reputation] is a free resource. You don’t even have to spend you’re money.” This is why Palmer hasn’t done The Giving Pledge: “When you pledge to give away your money, what you’re really saying is, ‘I think other people can do more good with my money than I can.’ and ‘I think my view of the world will be more competently executed by others than myself.’.. Maybe there are people who are truly mentally and physically not what they used to be. But for many people, I think they could absolutely achieve their goals better than handing it to a non-founder or NGO.” He continues: “My thinking is I’ve got a view as to how the world should be, and I don’t think that there’s anyone else who’s going to more-faithfully execute on that than me. When I’m all old and used up, maybe I’ll change my mind.” Video source: Peter H. Diamandis, MD (2025)

Startup Archive

421,693 просмотров • 6 месяцев назад

“This isn’t a redistribution of wealth. This is an investment in the future.” Trump’s Treasury Department Secretary’s counselor Joseph Lavorgna addresses concerns I have with the 'Trump Accounts' program: “The money is going back into the capitalist system. It’s not consumption. When we think ‘redistribution,’ we’re thinking giving people money to spend. This is money to invest. The only way we’re going to be able to deal with the debt situation is to grow, and to grow fast. It’s a way to build wealth, have a stake in the system and generate policies that are positive for the corporate sector because the corporate sector is the one that hires people, and giving people the American Dream, the ability to reach a higher rung. The cost over a 10-year period is just under $15B. That’s not a lot for a real payoff for people to have an incentive in the system for the US economy to thrive.”

“This isn’t a redistribution of wealth. This is an investment in the future.” Trump’s Treasury Department Secretary’s counselor Joseph Lavorgna addresses concerns I have with the 'Trump Accounts' program: “The money is going back into the capitalist system. It’s not consumption. When we think ‘redistribution,’ we’re thinking giving people money to spend. This is money to invest. The only way we’re going to be able to deal with the debt situation is to grow, and to grow fast. It’s a way to build wealth, have a stake in the system and generate policies that are positive for the corporate sector because the corporate sector is the one that hires people, and giving people the American Dream, the ability to reach a higher rung. The cost over a 10-year period is just under $15B. That’s not a lot for a real payoff for people to have an incentive in the system for the US economy to thrive.”

Glenn Beck

49,055 просмотров • 7 месяцев назад

Former EU foreign policy chief Josep Borrell: Russia will only be able to destroy Ukraine if Ukraine is unable to defend itself. If the US does not provide the means to do so, are we going to do it? Question mark. This is the existential question that Europe must answer for itself: Are we in a position to help Ukraine defend itself even if the United States does not? It depends on how willing we are. So far, we have helped Ukraine more than the United States, both in civilian and military terms. Can we do even more and replace the United States? This comes at a cost, and what is needed is not only the will and the ability to pay for it, but also to convert the money into weapons. Because people don't go to the front with a bag of cash; people go to the front with weapons. And between money and weapons there is something called industry, that is, production capacity.

Former EU foreign policy chief Josep Borrell: Russia will only be able to destroy Ukraine if Ukraine is unable to defend itself. If the US does not provide the means to do so, are we going to do it? Question mark. This is the existential question that Europe must answer for itself: Are we in a position to help Ukraine defend itself even if the United States does not? It depends on how willing we are. So far, we have helped Ukraine more than the United States, both in civilian and military terms. Can we do even more and replace the United States? This comes at a cost, and what is needed is not only the will and the ability to pay for it, but also to convert the money into weapons. Because people don't go to the front with a bag of cash; people go to the front with weapons. And between money and weapons there is something called industry, that is, production capacity.

Anton Gerashchenko

51,525 просмотров • 9 месяцев назад

Jagmeet Singh expensed $143K in the last financial quarter to his constituency office. However, the office is locked and the lights are off. A note on the door has a phone number, but no one answers it and voicemails are not returned. How and where is this money being spent?

Jagmeet Singh expensed $143K in the last financial quarter to his constituency office. However, the office is locked and the lights are off. A note on the door has a phone number, but no one answers it and voicemails are not returned. How and where is this money being spent?

Alex Zoltan

497,045 просмотров • 1 год назад

AOC: When people see a ballroom and, at the same time, see their health insurance getting cut off, they know that they are paying for that ballroom with no health care, higher grocery prices, and increasingly unaffordable housing. And so I think people are pissed off about it, and they should be. It’s wrong. This is a complete theft of our money. This is what I want people to understand: this is our money. When you pay your taxes, that money is being stolen to pay for a vanity project like a ballroom, or to renovate the Kennedy Center, or whatever it is that this guy wants to do, instead of what it should be used for—paying for things that actually benefit you: better roads, health care, and more affordable groceries.

AOC: When people see a ballroom and, at the same time, see their health insurance getting cut off, they know that they are paying for that ballroom with no health care, higher grocery prices, and increasingly unaffordable housing. And so I think people are pissed off about it, and they should be. It’s wrong. This is a complete theft of our money. This is what I want people to understand: this is our money. When you pay your taxes, that money is being stolen to pay for a vanity project like a ballroom, or to renovate the Kennedy Center, or whatever it is that this guy wants to do, instead of what it should be used for—paying for things that actually benefit you: better roads, health care, and more affordable groceries.

Acyn

201,979 просмотров • 1 месяц назад

Peter Thiel on $NVDA (about a year ago): It is probably quite tricky. If you had to concretize it, one thing that is very strange is if you just follow the money, at this point 80 to 85% of the money in AI is being made by one company, it is NVIDIA. It is all on this very weird hardware layer, which Silicon Valley does not even know very much about anymore. We do not really do hardware, we do not do silicon chips in Silicon Valley anymore. I get pitched on these companies once every three or four years, and it is always, I have no clue how to do this, it sounds like a pretty good idea, but man, I have no clue, and we never invest. There is this theory that the hardware piece makes the money initially, then gets more commodified over time, and it will shift to software. And the, I do not know, multi trillion dollar question is whether that is going to be true again this time, or whether NVIDIA will have this incredible monopoly. I suspect NVIDIA will. I think it will maintain its position for a while. I think the game theory on it is something like this. All the big tech companies are going to start trying to design their own AI chips so they do not have to pay the 10x markup to NVIDIA. How hard is it for them to do it? How long will it take? If they all do it, then the chips become a commodity and nobody makes money in chips. So do you go into hardware? You should do it if nobody else is doing it. If everybody does it, you should not do it. I am not sure how that nets out, but probably people stay stuck for a while and NVIDIA goes from strength to strength for a while.

Peter Thiel on $NVDA (about a year ago): It is probably quite tricky. If you had to concretize it, one thing that is very strange is if you just follow the money, at this point 80 to 85% of the money in AI is being made by one company, it is NVIDIA. It is all on this very weird hardware layer, which Silicon Valley does not even know very much about anymore. We do not really do hardware, we do not do silicon chips in Silicon Valley anymore. I get pitched on these companies once every three or four years, and it is always, I have no clue how to do this, it sounds like a pretty good idea, but man, I have no clue, and we never invest. There is this theory that the hardware piece makes the money initially, then gets more commodified over time, and it will shift to software. And the, I do not know, multi trillion dollar question is whether that is going to be true again this time, or whether NVIDIA will have this incredible monopoly. I suspect NVIDIA will. I think it will maintain its position for a while. I think the game theory on it is something like this. All the big tech companies are going to start trying to design their own AI chips so they do not have to pay the 10x markup to NVIDIA. How hard is it for them to do it? How long will it take? If they all do it, then the chips become a commodity and nobody makes money in chips. So do you go into hardware? You should do it if nobody else is doing it. If everybody does it, you should not do it. I am not sure how that nets out, but probably people stay stuck for a while and NVIDIA goes from strength to strength for a while.

Wall St Engine

824,879 просмотров • 8 месяцев назад

With the attacks by Hamas in Israel, a lot of people are spreading misinformation alleging that the US gave Iran $6 billion and that this money is the cause for the escalation. This is simply an outright lie. - Yes, Iran has supported Hamas, and Hamas obtained a lot of weapons from Iran. - No, the US did NOT give Iran $6 billion, and it certainly did not end up in the hands of terrorists. What really happened with the $6 billion. - The US unfroze $6 billion in Iranian money (Not US money or US taxpayer dollars). It was Iran’s money that was in South Korean bank accounts. The money came from oil sales that were put into accounts that were set up under the Trump administration. - The US allowed the money to be transferred to accounts in Qatar, without violating sanctions, in exchange for 5 US citizens getting to come home to their families. - The US has strict limits on how the money can be used, and it is NOT under the complete control of the Iranian government. The money is only permitted to be taken out in exchange for humanitarian purchase such as food, medicine, and farm supplies. The US still has the ability to freeze the money if any rules are broken and they can validate where every dollar that is withdrawn ends up going. Those are the facts.

With the attacks by Hamas in Israel, a lot of people are spreading misinformation alleging that the US gave Iran $6 billion and that this money is the cause for the escalation. This is simply an outright lie. - Yes, Iran has supported Hamas, and Hamas obtained a lot of weapons from Iran. - No, the US did NOT give Iran $6 billion, and it certainly did not end up in the hands of terrorists. What really happened with the $6 billion. - The US unfroze $6 billion in Iranian money (Not US money or US taxpayer dollars). It was Iran’s money that was in South Korean bank accounts. The money came from oil sales that were put into accounts that were set up under the Trump administration. - The US allowed the money to be transferred to accounts in Qatar, without violating sanctions, in exchange for 5 US citizens getting to come home to their families. - The US has strict limits on how the money can be used, and it is NOT under the complete control of the Iranian government. The money is only permitted to be taken out in exchange for humanitarian purchase such as food, medicine, and farm supplies. The US still has the ability to freeze the money if any rules are broken and they can validate where every dollar that is withdrawn ends up going. Those are the facts.

Ed Krassenstein

5,058,833 просмотров • 2 лет назад

Coco Gauff on the issue of prize money at Slams: “There’s this ongoing issue about players and prize money and how much the ratio between revenue and prize money there is at Slams.. just wondering how you feel at the moment about that topic? How much has the AO given into the prize money issue? Are you content with how things are progressing or not?” Coco: “They obviously increased the prize money this year, but the percentage I think of revenue comparison is not where we would like it. I think there are still further conversations that have to be had. Not just with Australian Open, but with all the Slams." Coco: “The collective feeling is that, yes, there's been progress, but I still think it’s not where we'd like to see it. But we are grateful for the progress that's been made." (via Australian Open Press)

Coco Gauff on the issue of prize money at Slams: “There’s this ongoing issue about players and prize money and how much the ratio between revenue and prize money there is at Slams.. just wondering how you feel at the moment about that topic? How much has the AO given into the prize money issue? Are you content with how things are progressing or not?” Coco: “They obviously increased the prize money this year, but the percentage I think of revenue comparison is not where we would like it. I think there are still further conversations that have to be had. Not just with Australian Open, but with all the Slams." Coco: “The collective feeling is that, yes, there's been progress, but I still think it’s not where we'd like to see it. But we are grateful for the progress that's been made." (via Australian Open Press)

The Tennis Letter

116,455 просмотров • 6 месяцев назад

Thomas Massie just exposed a tactic lobbyists use to control Congress. "A lobbyist can't buy me food, but I can go to launch, pick up the tab, and the lobbyist can write me a $5,000 check to my campaign, and then my campaign can pay for the food." "The lobbyists, when they give you money, ostensibly they're not giving you their money. They're not even giving you their corporation's money. They are giving you money from employees of that corporation who have pooled their money into a club or a group. And they've been persuaded maybe by their management that they should give a little back to this because their job would be more secure if they supported their lobbying efforts in D.C." I can't even pretend to be surprised anymore. Congress is the den of liars and thieves.

Thomas Massie just exposed a tactic lobbyists use to control Congress. "A lobbyist can't buy me food, but I can go to launch, pick up the tab, and the lobbyist can write me a $5,000 check to my campaign, and then my campaign can pay for the food." "The lobbyists, when they give you money, ostensibly they're not giving you their money. They're not even giving you their corporation's money. They are giving you money from employees of that corporation who have pooled their money into a club or a group. And they've been persuaded maybe by their management that they should give a little back to this because their job would be more secure if they supported their lobbying efforts in D.C." I can't even pretend to be surprised anymore. Congress is the den of liars and thieves.

George

842,824 просмотров • 1 год назад