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Every AI business is now and for the foreseeable future a token efficiency business.

The bottom is in, according to the Bitcoin Power Law. https://t.co/f9jyIPmXxN

Litecoiner for life. Good luck changing my mind.

If you know @MarioNawfal, you know he's considered one of the most notorious scammers in the crypto space. It's hard to list all the scams he allegedly ran over the last 3 years, but here's what I found, oldest to newest: 1️⃣ Warming up (2015) Before crypto, Mario ran Froothie, an online kitchen appliance seller. Australian regulators fined the company $10,800 for misleading sale prices. Juicero sued for IP infringement. Classic warmup. 2️⃣ IBC Group (2017 to 2021) Mario founded IBC Group in 2017. Former insiders described its playbook: • Help projects launch tokens • Push them to his audience • Take allocation instead of cash fees • Dump at the peak On stream, he admitted selling a project's tokens right after promoting them because it wasn't on his do-not-sell list. NFT Tech, his listed company, ran a tighter version. Former employees say it funded projects that paid IBC, while IBC billed NFT Tech on top. Basically, he was paying himself with his own company's money. 3️⃣ The federal inquiry (202

E174: Tarek Mansour - Launching the First Regulated Perps In The U.S and building the next generation of financial markets @mansourtarek_ is the co-founder and CEO of @Kalshi, the first regulated prediction market exchange in the US, valued at $22 Billion. He grew up in Lebanon with a single mom, studied at MIT, worked at Citadel, and spent 6 years years building a company most people ignored before it finally took off. We talk about what it actually takes to not give up, why markets are better at finding truth than experts, why Kalshi is launching the first regulated Perps in the US, and how his team is building what he calls the next generation of financial markets. Timestamps: 0:00 Intro 1:54 Urgency 3:11 Anime 4:53 Who is Tarek? 7:02 Mathematics & Certainty 9:10 Tarek's chip on the shoulder 13:33 Partnerships: @Trezor @Bitwise 15:19 Resilience 16:31 Entrepreneurship is Therapy 18:23 The startup emotional rollercoaster 22:16 Showing up for 2000 days with no results 24:45 First time Founder advantage 26

. @mansourtarek_ explains why @Kalshi is launching the first regulated perps in the US - and why the offshore market already proved it would work "The offshore market is very good validation for that. You look at the size of the offshore market and how liquid it's been." "There's no first principle reason for why the US should be different." "Futures were designed with an expiry in mind because when futures started, it was with underlying that had expiry. There was a natural delivery."