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OTCbid - Bitcoin Will Be The Winner: Michael Saylor on the FTX Collapse

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

" Michael Saylor thinks the FTX fiasco could accelerate the enforcement of appropriate crypto rules.

 

The prominent bitcoin bull – Michael Saylor – opined that the FTX crisis will have certain benefits on bitcoin.

In his view, the turbulence will eliminate thousands of useless digital assets while the primary cryptocurrency and a “handful” of other coins will be the only survivors.

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‘Bitcoin Will be the Winner’

 

In a recent interview for CNBC, MicroStrategy’s Executive Chairman – Michael Saylor – argued that bitcoiners (like himself) are “trapped in a dysfunctional relationship” with the rest of the crypto ecosystem.

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He explained that the collapse of the digital asset exchange FTX came as a result of a lack of transparency. According to Saylor, if a company holds cryptocurrency assets, they should be “nobody else’s liability.”

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“You need to have full transparency to it. And that’s what bitcoin is, and that’s what [the FTX token] FTT was not,” he claimed.

 

The American entrepreneur believes the ongoing calamity will speed up the implementation of necessary rules in the crypto sector. He expects only a “handful” of digital assets will be able to cover the regulatory requirements, with bitcoin being one of them:" - Read full article 

 

Source: Crypto Potato

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20K BTC SELLER IN SINGAPORE

-4% Net, Escrow, W2W, USDT to BTC Swap, OnChain Custodian, Singapore

Buyer Mandate Only

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NEW: 20K BTC @ -4% Net, Escrow, W2W, USDT to BTC Swap, OnChain Custodian, Singapore - Look For Buyer

(Seller : SRI...WIE-TELE)

Post: 14.11.22

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• Seller is selling 20K BTC @ -4% Net to Buyer

• Buyer send USDT - Seller send BTC

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• Buyer = 4% (1.5% buyer + 2.5% buyerside)

• Sellerside = (% paid by seller)

• Buyerside = 2.5% (paid by buyer)

• a.) Buyside = 1.25%

• b.) Intermediaries =1.25% 

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• PROCEDURE :​​

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• The following conditions MUST be met.

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• 1. Wallet address containing USDT must be shared (in return wallet containing BTCs would be shared).

• 2. $100 test must from that wallet to show control of wallet (same would be done from BTC wallet).

• 3. Wallet to Wallet or OTC desks and escrows welcome.

• Transactions can be done via Escrow or Wallet to Wallet

• The seller is onboard with OnChain Custodian.

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BUYER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram @OTCbiddotcom

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com