Confirmed with Link: Senators are for sale - and it’s a Gong Show

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Tuna99

Registered User
Sep 26, 2009
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Ian Mendes has joined the Neko Sparks bid, will be the Senators new anthem singer
 

AchtzehnBaby

Global Matador
Mar 28, 2013
15,503
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Hazeldean Road
Celebrity night in Kanata

ArthurDrookerClownsLead-thumb-620x413-79415.jpg
 

Silky Johnson

I wish you all the bad things in life.
Mar 9, 2015
2,473
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This is simply not true. Clearly you don't understand crypto and NFTs. Yes there is a lot of dirty stuff in that space but to label the entire field of crypto and NFTs as pyramid schemes and just gambling is unfair and not true.

I very much understand NFT's and Crypto. My degree in Economics and MBA helped with that.

Read Stephen Diehl or see Warren Buffets opinions. Many smart people agree with me. Many more smart people see it as a volatile instrument that can be exploited to separate punters from their money. Pump and dump schemes are everywhere in crypto but they are not considered a security and not rightly regulated.
 

Mingus Dew

Microphone Assassin
Oct 7, 2013
5,635
4,196
I very much understand NFT's and Crypto. My degree in Economics and MBA helped with that.

Read Stephen Diehl or see Warren Buffets opinions. Many smart people agree with me. Many more smart people see it as a volatile instrument that can be exploited to separate punters from their money. Pump and dump schemes are everywhere in crypto but they are not considered a security and not rightly regulated.

Not sure a background in economics and finance qualifies one as a crypto authority. I have an MBA as well and have only a rudimentary understanding of blockchain technology and cryptocurrency generally. I think one would need to study the subject matter directly and in depth to become an expert.

More regulation is needed. The shitcoin marketplace is a mess and exchanges can’t be trusted as far as you can throw them. Major barrier to greater adoption and utility is a lack of oversight in the space.

Still extremely intriguing tech though. As a lawyer the concept of a smart, self-executing contract is super interesting. And BTC more specifically could take on a sort of “digital gold” profile that’s potentially lucrative coming out of some of the loosest monetary policy in modern history.

Buffet is obviously very rich but the whole “it has no intrinsic value” thing only goes so far. Not very Keynesian of him.
 

2CHAINZ

Registered User
Feb 27, 2008
14,965
21,064
I very much understand NFT's and Crypto. My degree in Economics and MBA helped with that.

Read Stephen Diehl or see Warren Buffets opinions. Many smart people agree with me. Many more smart people see it as a volatile instrument that can be exploited to separate punters from their money. Pump and dump schemes are everywhere in crypto but they are not considered a security and not rightly regulated.
I want to be clear: I only endorse and support Bitcoin. I do see other use cases, and I like some of the stuff being developed in the crypto space. I also think the DEFI sector will, in time, revolutionize the entire banking industry.

No doubt there are tons of ponzis, rugpulls, and bad people doing bad things, as well as gambling and manipulation. I am not arguing that stuff doesn't exist; I am just saying that to classify the entire industry as such is wrong.
 
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Tuna99

Registered User
Sep 26, 2009
15,980
7,926
I want to be clear: I only endorse and support Bitcoin. I do see other use cases, and I like some of the stuff being developed in the crypto space. I also think the DEFI sector will, in time, revolutionize the entire banking industry.

No doubt there are tons of ponzis, rugpulls, and bad people doing bad things, as well as gambling and manipulation. I am not arguing that stuff doesn't exist; I am just saying that to classify the entire industry as such is wrong.

Crypto is a natural response by the regular man onlf the voting population to neoliberal ideas that locked their desires and ambitions relative to financial indicators and culutre completely out of economic forecasts. Neoliberalism was about cheap money and cheap energy so capital could move freely to any economic space it deemed efficient (cheap wages) and those workers and communities and their values were not even considered part of the financials equation (Detroit for example) workers were just expected to uproot their lives and move to new jobs wherever those were - crypto is a reponse to the common man not trusting the financials sector for burning entire generations of communities and once economically strong towns. So crypto is a scam because it gives people the illusion they are participating in à parallel financial system when in fact they are not, but their economic insecurities and anxieties of being uprooting and not considered are being exploited. People are making money but the crypt system is bullshit as far as finicial Policy goes. And the financial system is also bull shut because for decades neoliberalism didn’t give a shit about core talent and now there’s generations of North American man who can’t change the oil in their car let alone boost their car or change a tire.
 

MMC

Global Moderator
May 11, 2014
51,319
43,435
Orange County, CA
“(The bank) is trying to draw this out to get as much money as they can,” a league source told this newspaper Saturday. “My guess is they’re probably (at a stage) where (the bidders are) offering counter-offers.

“Whoever has the highest bid, the (bank) is going to go back to the other bidders and saying, ‘You need to fork over more money because that’s what it is going to take.’ Then that person will have a decision to make.

“I don’t think the bidders went into this thinking their first bid would be their last.”

The source said Andlauer, 57, a minority owner of the Montreal Canadiens, is “confident” that he’ll be anointed by the NHL, GSP and the Melnyk family and that he’ll emerge as the preferred bidder and close the deal to buy the Senators.
 

Flamingo

Registered User
Nov 13, 2008
8,010
2,162
Ottawa
I don't think Neko has any money. lol

I don't think so either. Hopefully his majority partner (Reuben bros.?) are willing to up the price as required. I hope they're not relying on recruiting new partners with each bidding cycle, like the late-coming Donovan Bailey. If the Reubens do have the funds, I can't imagine they'd be willing to leave the same bit pledge in the pool while accepting a smaller and smaller piece of the ownership pie.
 
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