Ben McKenzie
banner
benmckenzie.bsky.social
Ben McKenzie
@benmckenzie.bsky.social
EVERYONE IS LYING TO YOU FOR MONEY - @docnyc https://www.docnyc.net/film/everyone-is-lying-to-you-for-money/
If you want more problems with crypto (there are a lot), I humbly suggest reading my book on the subject :) hope this helps!
February 16, 2026 at 12:11 AM
Crypto says it can replace that pesky human stuff (trust) with computer code, but that is a lie because you can’t trust code, only the people that write it. Sam Bankman-Fried stole his customers money by changing the code inside FTX. www.reuters.com/technology/h...
Exclusive: How a secret software change allowed FTX to use client money
FTX's chief engineer tweaked the code to exempt Alameda Research from a feature that would have automatically sold off its assets if it was losing too much borrowed money.
www.reuters.com
February 16, 2026 at 12:11 AM
Yes, all currencies are made up and a collective hallucination to a degree, but that’s because money is a social construct and only as strong as the societal trust that underlies it.
February 16, 2026 at 12:11 AM
No trouble at all. The difference is that crypto is not backed by the full faith and credit of the United States, in the case of the dollar, or any other sovereign nation’s credibility.
February 16, 2026 at 12:11 AM
Thank you Rich!
February 15, 2026 at 2:52 PM
:)
February 14, 2026 at 1:32 PM
There will be an announcement soon. Thanks for your interest!
February 9, 2026 at 1:24 PM
Very disappointed in my bros
February 5, 2026 at 1:28 PM
These people are truly the worst
February 5, 2026 at 1:23 PM
🕺
February 5, 2026 at 12:45 PM
Awesome. Lemme know what you think!
February 5, 2026 at 12:45 PM
So what happens if ETF investors want to shed another $10 billion? Are there really $10 billion worth of buyers out there? MSTR had only $2.25 billion of cash left as of last count. If that’s all the dry powder left to prop up Bitcoin, watch out…🍿🍿🍿
February 5, 2026 at 12:05 AM
In early October 2025, they stopped and reversed course. Since then investors have sold ~$10 billion of crypto via the ETFs. The price of Bitcoin has plunged >40% in that time.
February 5, 2026 at 12:05 AM
The crypto ETF market has been growing more or less ever since it began ever since the spot ETFs began in Jan 2024. BUT…
February 5, 2026 at 12:05 AM
MSTR’s bitcoin is ~$60 billion, the AUM of the ETF is ~$170 billion.
February 5, 2026 at 12:05 AM
Crypto has always followed a bubble/crash cycle. The difference this time is that it’s actually tied into the liquidity of the global equity markets via crypto ETFs. The amount of actual $ in these ETFs dwarfs the largest single player in crypto in terms of bitcoin holdings, MSTR.
February 5, 2026 at 12:05 AM
Reposted by Ben McKenzie
“If I am killed doing this, throw my body at the White House, martyr the shit out of me & raise hell. Do not be sad. Do not think I would do anything differently. I would do it over & over again — this is too important to sit down & shut up and not do anything.” www.mprnews.org/story/2026/0...
Pursued by federal agents, suburban ICE observers remain resolved
After a frightening pursuit by federal agents, suburban ICE observers say fear hasn’t stopped them from protecting their communities.
www.mprnews.org
February 4, 2026 at 3:45 PM