A hub for independent voices and hard truths
Congress just made them a $6 billion giveaway for issuers. US Congress just legalized the largest wealth transfer in financial history. Nobody noticed. Section 11 of the GENIUS Act prohibits stablecoins from paying yield to holders. Tether holds $135 billion in Treasuries earning 4.5%. That’s $6 billion annually. Passed to …
A billion-dollar BTC impairment loss, a staggering 693% rise in expenses, and now an absurd share dilution? This is beyond reckless—it’s financial self-destruction disguised as innovation. Toxic bonds are lurking, ready to obliterate the stock once it starts falling. And when that happens, the big players who bought in will …
Does this look like someone to follow? Microstrategy stock. pic.twitter.com/7587s87Mw6 — Jordan Baker (@JordanBakerBK) October 30, 2024
Payment For Order Flow (PFOF) involves brokerage firms receiving compensation for directing customer orders to certain market makers or parties for execution. This practice is akin to front running, where someone executes trades based on advance knowledge of pending orders from other parties, effectively taking advantage of the market. Front …