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Wesley Capital

@WesleyCapital23

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“An investment in knowledge pays the best interest.” – Benjamin Franklin

United States
Joined November 2023
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@WesleyCapital23
Wesley Capital
5 days
“How Much Is a Fair and Free Banking System Worth to the World?” In a world where financial exclusion, inflation, and centralized control over money are the norm, what is the value of a banking system that is fair, decentralized, and free? #Ergo is not just another blockchain—it is a financial operating system built for resilience, accessibility, and efficiency. Designed with self-sovereign finance in mind, Ergo enables anyone, anywhere, to transact, save, and build financial applications without reliance on intermediaries. The Value of a Truly Free Financial System Centralized Control – Traditional banking systems rely on central authorities that can freeze accounts, devalue money through inflation, or impose arbitrary fees. Ergo operates on proof-of-work, ensuring decentralization and security without the need for trusted third parties. 2.Programmable Money Without Barriers – Unlike traditional finance, where access to financial products is often restricted by geography or wealth, Ergo allows anyone to create and use decentralized financial applications (DeFi) without permission. Its Sigma protocols and extended UTXO model enable powerful yet secure smart contracts that facilitate lending, savings, and complex financial agreements. 3.Low-Cost, Long-Term Sustainability – With minimal transaction fees and an efficient storage rent system, Ergo ensures that miners are incentivized over the long run while avoiding the network congestion issues seen in other blockchains. 4.Privacy and Security – Unlike centralized banking, where user data is constantly monitored and exploited, Ergo incorporates optional privacy features that protect user financial sovereignty while remaining transparent enough for auditability. 5.Resistant to Inflation – Unlike fiat currencies that can be printed endlessly, Ergo has a fixed supply of 97.7 million ERG, ensuring true scarcity and protection against monetary debasement. What Is This System Worth? The value of a fair and free financial system like Ergo cannot be measured solely in market capitalization or price speculation. Its worth lies in its ability to give financial power back to the people, provide banking services to the unbanked, and offer a stable, censorship-resistant alternative to traditional finance. In a world where fiat systems continue to fail, and even major crypto platforms fall prey to centralization, the importance of a truly decentralized, fair, and free financial infrastructure is immeasurable. Ergo isn’t just a blockchain—it’s the foundation of the future of finance. The real question isn’t how much Ergo is worth today, but rather—what is the price of true financial freedom? No one owns Ergo, it belongs to the world... DYOR please. 🌎 ♾️ Website: X: @ergo_platform Telegram:
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@WesleyCapital23
Wesley Capital
15 hours
RT @NeuralYogi: 🚀 Calling all Ergo developers! We're building SharkNet - a curated dataset of ErgoScript examples to fine-tune LLMs on Erg…
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@WesleyCapital23
Wesley Capital
20 hours
RT @ERG_Armeanio: For years everyone says when Binance… Binance listing team is too busy listing the meme of the week and vc projects to s…
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@WesleyCapital23
Wesley Capital
21 hours
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@WesleyCapital23
Wesley Capital
23 hours
@Roman_Trading Good work and congrats brother.
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@WesleyCapital23
Wesley Capital
2 days
@elonmusk Open source is the answer…
@WesleyCapital23
Wesley Capital
2 days
“The Open-Source Revolution: How AI’s “No Moat” Moment Foreshadows Blockchain’s Future.” The recent leaked @Google memo, “We Have No Moat, And Neither Does @OpenAI,” is more than just a critique of big tech’s crumbling competitive edge—it’s a foreshadowing of what’s coming in the cryptocurrency and blockchain space. In the AI world, open-source projects are outpacing even the most well-funded, centralized corporations. Lightweight, decentralized development communities are iterating faster than Google or OpenAI, making AI models cheaper, more accessible, and more adaptable. The takeaway? The future belongs to open-source innovation. Now, apply this same dynamic to blockchain. The parallels are striking. For years, institutions and venture-backed chains have tried to maintain control over crypto through closed ecosystems, regulatory lobbying, and artificial bottlenecks. Yet, just like in AI, open-source will win. Ergo: The Open-Source Leader in Blockchain If Google and OpenAI are struggling to keep up with open-source AI, what happens when centralized crypto projects face the same battle? Blockchains like Ethereum, Solana, and Binance Smart Chain are ultimately controlled by a few entities, whether through token allocations, validator structures, or governance systems that favor insiders. Enter #Ergo ( $ERG )—a truly decentralized, fair-launch blockchain that prioritizes open-source principles, cutting-edge cryptographic research, and a commitment to permissionless financial tools. Unlike VC-backed chains with artificial scarcity and hidden control, Ergo is designed to evolve in an open, collaborative manner—just like the open-source AI models currently disrupting the industry. The End of Moats in AI and Blockchain Google’s internal realization is just the beginning. The AI world is waking up to the power of open-source development. The crypto world is next. When centralized chains and permissioned systems start falling behind truly decentralized, open-source alternatives, Ergo will be leading the charge. This isn’t speculation—it’s an inevitable trend. Open-source AI is already proving that moats don’t last. Crypto is next.
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@WesleyCapital23
Wesley Capital
2 days
@elonmusk @sama Open Source is the answer…
@WesleyCapital23
Wesley Capital
2 days
“The Open-Source Revolution: How AI’s “No Moat” Moment Foreshadows Blockchain’s Future.” The recent leaked @Google memo, “We Have No Moat, And Neither Does @OpenAI,” is more than just a critique of big tech’s crumbling competitive edge—it’s a foreshadowing of what’s coming in the cryptocurrency and blockchain space. In the AI world, open-source projects are outpacing even the most well-funded, centralized corporations. Lightweight, decentralized development communities are iterating faster than Google or OpenAI, making AI models cheaper, more accessible, and more adaptable. The takeaway? The future belongs to open-source innovation. Now, apply this same dynamic to blockchain. The parallels are striking. For years, institutions and venture-backed chains have tried to maintain control over crypto through closed ecosystems, regulatory lobbying, and artificial bottlenecks. Yet, just like in AI, open-source will win. Ergo: The Open-Source Leader in Blockchain If Google and OpenAI are struggling to keep up with open-source AI, what happens when centralized crypto projects face the same battle? Blockchains like Ethereum, Solana, and Binance Smart Chain are ultimately controlled by a few entities, whether through token allocations, validator structures, or governance systems that favor insiders. Enter #Ergo ( $ERG )—a truly decentralized, fair-launch blockchain that prioritizes open-source principles, cutting-edge cryptographic research, and a commitment to permissionless financial tools. Unlike VC-backed chains with artificial scarcity and hidden control, Ergo is designed to evolve in an open, collaborative manner—just like the open-source AI models currently disrupting the industry. The End of Moats in AI and Blockchain Google’s internal realization is just the beginning. The AI world is waking up to the power of open-source development. The crypto world is next. When centralized chains and permissioned systems start falling behind truly decentralized, open-source alternatives, Ergo will be leading the charge. This isn’t speculation—it’s an inevitable trend. Open-source AI is already proving that moats don’t last. Crypto is next.
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@WesleyCapital23
Wesley Capital
2 days
@WesleyCapital23
Wesley Capital
2 days
“The Open-Source Revolution: How AI’s “No Moat” Moment Foreshadows Blockchain’s Future.” The recent leaked @Google memo, “We Have No Moat, And Neither Does @OpenAI,” is more than just a critique of big tech’s crumbling competitive edge—it’s a foreshadowing of what’s coming in the cryptocurrency and blockchain space. In the AI world, open-source projects are outpacing even the most well-funded, centralized corporations. Lightweight, decentralized development communities are iterating faster than Google or OpenAI, making AI models cheaper, more accessible, and more adaptable. The takeaway? The future belongs to open-source innovation. Now, apply this same dynamic to blockchain. The parallels are striking. For years, institutions and venture-backed chains have tried to maintain control over crypto through closed ecosystems, regulatory lobbying, and artificial bottlenecks. Yet, just like in AI, open-source will win. Ergo: The Open-Source Leader in Blockchain If Google and OpenAI are struggling to keep up with open-source AI, what happens when centralized crypto projects face the same battle? Blockchains like Ethereum, Solana, and Binance Smart Chain are ultimately controlled by a few entities, whether through token allocations, validator structures, or governance systems that favor insiders. Enter #Ergo ( $ERG )—a truly decentralized, fair-launch blockchain that prioritizes open-source principles, cutting-edge cryptographic research, and a commitment to permissionless financial tools. Unlike VC-backed chains with artificial scarcity and hidden control, Ergo is designed to evolve in an open, collaborative manner—just like the open-source AI models currently disrupting the industry. The End of Moats in AI and Blockchain Google’s internal realization is just the beginning. The AI world is waking up to the power of open-source development. The crypto world is next. When centralized chains and permissioned systems start falling behind truly decentralized, open-source alternatives, Ergo will be leading the charge. This isn’t speculation—it’s an inevitable trend. Open-source AI is already proving that moats don’t last. Crypto is next.
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@WesleyCapital23
Wesley Capital
2 days
RT @tabbypos: Ergo Ecosystem Bounties worth up to $40,000 are waiting for developers to claim! #ERGO #ERG
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@WesleyCapital23
Wesley Capital
2 days
“The Open-Source Revolution: How AI’s “No Moat” Moment Foreshadows Blockchain’s Future.” The recent leaked @Google memo, “We Have No Moat, And Neither Does @OpenAI,” is more than just a critique of big tech’s crumbling competitive edge—it’s a foreshadowing of what’s coming in the cryptocurrency and blockchain space. In the AI world, open-source projects are outpacing even the most well-funded, centralized corporations. Lightweight, decentralized development communities are iterating faster than Google or OpenAI, making AI models cheaper, more accessible, and more adaptable. The takeaway? The future belongs to open-source innovation. Now, apply this same dynamic to blockchain. The parallels are striking. For years, institutions and venture-backed chains have tried to maintain control over crypto through closed ecosystems, regulatory lobbying, and artificial bottlenecks. Yet, just like in AI, open-source will win. Ergo: The Open-Source Leader in Blockchain If Google and OpenAI are struggling to keep up with open-source AI, what happens when centralized crypto projects face the same battle? Blockchains like Ethereum, Solana, and Binance Smart Chain are ultimately controlled by a few entities, whether through token allocations, validator structures, or governance systems that favor insiders. Enter #Ergo ( $ERG )—a truly decentralized, fair-launch blockchain that prioritizes open-source principles, cutting-edge cryptographic research, and a commitment to permissionless financial tools. Unlike VC-backed chains with artificial scarcity and hidden control, Ergo is designed to evolve in an open, collaborative manner—just like the open-source AI models currently disrupting the industry. The End of Moats in AI and Blockchain Google’s internal realization is just the beginning. The AI world is waking up to the power of open-source development. The crypto world is next. When centralized chains and permissioned systems start falling behind truly decentralized, open-source alternatives, Ergo will be leading the charge. This isn’t speculation—it’s an inevitable trend. Open-source AI is already proving that moats don’t last. Crypto is next.
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@WesleyCapital23
Wesley Capital
3 days
RT @Erg0ne: ERGO isn't just following trends; it's setting them! Get ready for a major leap forward in the world of cryptocurrency! ERGO…
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@WesleyCapital23
Wesley Capital
3 days
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@WesleyCapital23
Wesley Capital
3 days
@stoolpresidente FTX finally paid him back
@WesleyCapital23
Wesley Capital
3 days
“Tom Brady’s Fumble, Sam Bankman-Fried’s Scam, and Ergo’s Victory: The Future of Real Crypto” 🏈 💸 🖥️ 🏈 💸 🖥️ 🏈 💸 🖥️ $BTC $ETH $ADA $SOL $ERG With @TomBrady announcing Super Bowl LIX on @NFLonFOX tonight, it is only right to go down memory lane. Tom Brady is no stranger to risk. On the field, he spent decades defying the odds, winning seven Super Bowls, and cementing himself as the greatest quarterback of all time. Off the field, he embraced risk in business and investments, especially in cryptocurrency. But when FTX, one of the largest crypto exchanges in the world, collapsed in late 2022, Brady—along with many other high-profile investors—suffered massive financial losses. This wasn’t just another bad investment. It was a scandal that rocked the entire crypto industry, shaking public trust and reinforcing the mainstream narrative that crypto was nothing more than a speculative Wild West. But buried under the rubble of FTX’s downfall is a lesson that leads to the real future of blockchain: Ergo. How Tom Brady Got Burned by FTX Brady, along with other celebrities like his ex-wife Gisele Bündchen and NBA star Steph Curry, became deeply involved with FTX, not just as investors but as brand ambassadors. They appeared in commercials, urging everyday people to jump into crypto through FTX. At its peak, FTX was one of the most trusted names in the industry, valued at $32 billion. Brady and Gisele were reported to have taken equity stakes in the company, with their holdings estimated in the tens of millions. But beneath the glossy marketing and the promise of “safe” crypto trading was a fraudulent empire built by Sam Bankman-Fried. FTX wasn’t just an exchange—it was a house of cards. It turned out that customer funds had been secretly funneled into Alameda Research, Bankman-Fried’s trading firm, to cover reckless losses. When FTX’s financial instability became public, a massive bank run ensued, and the company collapsed in days. Billions of dollars vanished overnight, including the investments of Brady and countless others. Brady not only lost money—he lost credibility. His endorsement had helped bring in everyday investors who saw crypto as the future but were now left with nothing. The fallout was devastating, and the message seemed clear: crypto is a scam. Why the FTX Collapse Scared People Away from Crypto FTX’s failure reinforced every fear the public had about crypto: •Scams and Fraud: The industry was still filled with bad actors who could wipe out fortunes overnight. •No Transparency: Centralized exchanges like FTX operated behind closed doors, with no way for investors to verify how their funds were being handled. •Regulatory Uncertainty: Governments cracked down harder, and investors feared more collapses as scrutiny increased. •Reputation Damage: With icons like Brady losing millions, casual investors felt that if even the “smart money” got fooled, they had no chance. In the wake of FTX, people lumped all of crypto together—#Bitcoin, #Ethereum, and everything else—assuming the entire space was a ticking time bomb. The irony? FTX wasn’t crypto’s failure—it was the failure of centralized financial fraud within crypto. The real issue wasn’t blockchain technology, but the misuse of trust-based systems in an ecosystem that was supposed to be trustless. That’s where #Ergo comes in. Ergo: The Crypto That Fixes Everything FTX Broke Unlike FTX and its web of deception, Ergo is built on true decentralization, transparency, and financial self-sovereignty. While the FTX disaster was rooted in centralized control, Ergo represents the exact opposite—eliminating the need to trust intermediaries like Bankman-Fried and instead allowing users to control their own funds in a secure, verifiable way.
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@WesleyCapital23
Wesley Capital
3 days
@stoolpresidente Once you are done with shitcoins @stoolpresidente, invest in the real future of blockchain and cryptocurrency. Bring @TomBrady too 💡🫡
@WesleyCapital23
Wesley Capital
3 days
“Tom Brady’s Fumble, Sam Bankman-Fried’s Scam, and Ergo’s Victory: The Future of Real Crypto” 🏈 💸 🖥️ 🏈 💸 🖥️ 🏈 💸 🖥️ $BTC $ETH $ADA $SOL $ERG With @TomBrady announcing Super Bowl LIX on @NFLonFOX tonight, it is only right to go down memory lane. Tom Brady is no stranger to risk. On the field, he spent decades defying the odds, winning seven Super Bowls, and cementing himself as the greatest quarterback of all time. Off the field, he embraced risk in business and investments, especially in cryptocurrency. But when FTX, one of the largest crypto exchanges in the world, collapsed in late 2022, Brady—along with many other high-profile investors—suffered massive financial losses. This wasn’t just another bad investment. It was a scandal that rocked the entire crypto industry, shaking public trust and reinforcing the mainstream narrative that crypto was nothing more than a speculative Wild West. But buried under the rubble of FTX’s downfall is a lesson that leads to the real future of blockchain: Ergo. How Tom Brady Got Burned by FTX Brady, along with other celebrities like his ex-wife Gisele Bündchen and NBA star Steph Curry, became deeply involved with FTX, not just as investors but as brand ambassadors. They appeared in commercials, urging everyday people to jump into crypto through FTX. At its peak, FTX was one of the most trusted names in the industry, valued at $32 billion. Brady and Gisele were reported to have taken equity stakes in the company, with their holdings estimated in the tens of millions. But beneath the glossy marketing and the promise of “safe” crypto trading was a fraudulent empire built by Sam Bankman-Fried. FTX wasn’t just an exchange—it was a house of cards. It turned out that customer funds had been secretly funneled into Alameda Research, Bankman-Fried’s trading firm, to cover reckless losses. When FTX’s financial instability became public, a massive bank run ensued, and the company collapsed in days. Billions of dollars vanished overnight, including the investments of Brady and countless others. Brady not only lost money—he lost credibility. His endorsement had helped bring in everyday investors who saw crypto as the future but were now left with nothing. The fallout was devastating, and the message seemed clear: crypto is a scam. Why the FTX Collapse Scared People Away from Crypto FTX’s failure reinforced every fear the public had about crypto: •Scams and Fraud: The industry was still filled with bad actors who could wipe out fortunes overnight. •No Transparency: Centralized exchanges like FTX operated behind closed doors, with no way for investors to verify how their funds were being handled. •Regulatory Uncertainty: Governments cracked down harder, and investors feared more collapses as scrutiny increased. •Reputation Damage: With icons like Brady losing millions, casual investors felt that if even the “smart money” got fooled, they had no chance. In the wake of FTX, people lumped all of crypto together—#Bitcoin, #Ethereum, and everything else—assuming the entire space was a ticking time bomb. The irony? FTX wasn’t crypto’s failure—it was the failure of centralized financial fraud within crypto. The real issue wasn’t blockchain technology, but the misuse of trust-based systems in an ecosystem that was supposed to be trustless. That’s where #Ergo comes in. Ergo: The Crypto That Fixes Everything FTX Broke Unlike FTX and its web of deception, Ergo is built on true decentralization, transparency, and financial self-sovereignty. While the FTX disaster was rooted in centralized control, Ergo represents the exact opposite—eliminating the need to trust intermediaries like Bankman-Fried and instead allowing users to control their own funds in a secure, verifiable way.
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@WesleyCapital23
Wesley Capital
3 days
@WesleyCapital23
Wesley Capital
3 days
“Tom Brady’s Fumble, Sam Bankman-Fried’s Scam, and Ergo’s Victory: The Future of Real Crypto” 🏈 💸 🖥️ 🏈 💸 🖥️ 🏈 💸 🖥️ $BTC $ETH $ADA $SOL $ERG With @TomBrady announcing Super Bowl LIX on @NFLonFOX tonight, it is only right to go down memory lane. Tom Brady is no stranger to risk. On the field, he spent decades defying the odds, winning seven Super Bowls, and cementing himself as the greatest quarterback of all time. Off the field, he embraced risk in business and investments, especially in cryptocurrency. But when FTX, one of the largest crypto exchanges in the world, collapsed in late 2022, Brady—along with many other high-profile investors—suffered massive financial losses. This wasn’t just another bad investment. It was a scandal that rocked the entire crypto industry, shaking public trust and reinforcing the mainstream narrative that crypto was nothing more than a speculative Wild West. But buried under the rubble of FTX’s downfall is a lesson that leads to the real future of blockchain: Ergo. How Tom Brady Got Burned by FTX Brady, along with other celebrities like his ex-wife Gisele Bündchen and NBA star Steph Curry, became deeply involved with FTX, not just as investors but as brand ambassadors. They appeared in commercials, urging everyday people to jump into crypto through FTX. At its peak, FTX was one of the most trusted names in the industry, valued at $32 billion. Brady and Gisele were reported to have taken equity stakes in the company, with their holdings estimated in the tens of millions. But beneath the glossy marketing and the promise of “safe” crypto trading was a fraudulent empire built by Sam Bankman-Fried. FTX wasn’t just an exchange—it was a house of cards. It turned out that customer funds had been secretly funneled into Alameda Research, Bankman-Fried’s trading firm, to cover reckless losses. When FTX’s financial instability became public, a massive bank run ensued, and the company collapsed in days. Billions of dollars vanished overnight, including the investments of Brady and countless others. Brady not only lost money—he lost credibility. His endorsement had helped bring in everyday investors who saw crypto as the future but were now left with nothing. The fallout was devastating, and the message seemed clear: crypto is a scam. Why the FTX Collapse Scared People Away from Crypto FTX’s failure reinforced every fear the public had about crypto: •Scams and Fraud: The industry was still filled with bad actors who could wipe out fortunes overnight. •No Transparency: Centralized exchanges like FTX operated behind closed doors, with no way for investors to verify how their funds were being handled. •Regulatory Uncertainty: Governments cracked down harder, and investors feared more collapses as scrutiny increased. •Reputation Damage: With icons like Brady losing millions, casual investors felt that if even the “smart money” got fooled, they had no chance. In the wake of FTX, people lumped all of crypto together—#Bitcoin, #Ethereum, and everything else—assuming the entire space was a ticking time bomb. The irony? FTX wasn’t crypto’s failure—it was the failure of centralized financial fraud within crypto. The real issue wasn’t blockchain technology, but the misuse of trust-based systems in an ecosystem that was supposed to be trustless. That’s where #Ergo comes in. Ergo: The Crypto That Fixes Everything FTX Broke Unlike FTX and its web of deception, Ergo is built on true decentralization, transparency, and financial self-sovereignty. While the FTX disaster was rooted in centralized control, Ergo represents the exact opposite—eliminating the need to trust intermediaries like Bankman-Fried and instead allowing users to control their own funds in a secure, verifiable way.
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@WesleyCapital23
Wesley Capital
3 days
@WesleyCapital23
Wesley Capital
3 days
“Tom Brady’s Fumble, Sam Bankman-Fried’s Scam, and Ergo’s Victory: The Future of Real Crypto” 🏈 💸 🖥️ 🏈 💸 🖥️ 🏈 💸 🖥️ $BTC $ETH $ADA $SOL $ERG With @TomBrady announcing Super Bowl LIX on @NFLonFOX tonight, it is only right to go down memory lane. Tom Brady is no stranger to risk. On the field, he spent decades defying the odds, winning seven Super Bowls, and cementing himself as the greatest quarterback of all time. Off the field, he embraced risk in business and investments, especially in cryptocurrency. But when FTX, one of the largest crypto exchanges in the world, collapsed in late 2022, Brady—along with many other high-profile investors—suffered massive financial losses. This wasn’t just another bad investment. It was a scandal that rocked the entire crypto industry, shaking public trust and reinforcing the mainstream narrative that crypto was nothing more than a speculative Wild West. But buried under the rubble of FTX’s downfall is a lesson that leads to the real future of blockchain: Ergo. How Tom Brady Got Burned by FTX Brady, along with other celebrities like his ex-wife Gisele Bündchen and NBA star Steph Curry, became deeply involved with FTX, not just as investors but as brand ambassadors. They appeared in commercials, urging everyday people to jump into crypto through FTX. At its peak, FTX was one of the most trusted names in the industry, valued at $32 billion. Brady and Gisele were reported to have taken equity stakes in the company, with their holdings estimated in the tens of millions. But beneath the glossy marketing and the promise of “safe” crypto trading was a fraudulent empire built by Sam Bankman-Fried. FTX wasn’t just an exchange—it was a house of cards. It turned out that customer funds had been secretly funneled into Alameda Research, Bankman-Fried’s trading firm, to cover reckless losses. When FTX’s financial instability became public, a massive bank run ensued, and the company collapsed in days. Billions of dollars vanished overnight, including the investments of Brady and countless others. Brady not only lost money—he lost credibility. His endorsement had helped bring in everyday investors who saw crypto as the future but were now left with nothing. The fallout was devastating, and the message seemed clear: crypto is a scam. Why the FTX Collapse Scared People Away from Crypto FTX’s failure reinforced every fear the public had about crypto: •Scams and Fraud: The industry was still filled with bad actors who could wipe out fortunes overnight. •No Transparency: Centralized exchanges like FTX operated behind closed doors, with no way for investors to verify how their funds were being handled. •Regulatory Uncertainty: Governments cracked down harder, and investors feared more collapses as scrutiny increased. •Reputation Damage: With icons like Brady losing millions, casual investors felt that if even the “smart money” got fooled, they had no chance. In the wake of FTX, people lumped all of crypto together—#Bitcoin, #Ethereum, and everything else—assuming the entire space was a ticking time bomb. The irony? FTX wasn’t crypto’s failure—it was the failure of centralized financial fraud within crypto. The real issue wasn’t blockchain technology, but the misuse of trust-based systems in an ecosystem that was supposed to be trustless. That’s where #Ergo comes in. Ergo: The Crypto That Fixes Everything FTX Broke Unlike FTX and its web of deception, Ergo is built on true decentralization, transparency, and financial self-sovereignty. While the FTX disaster was rooted in centralized control, Ergo represents the exact opposite—eliminating the need to trust intermediaries like Bankman-Fried and instead allowing users to control their own funds in a secure, verifiable way.
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@WesleyCapital23
Wesley Capital
3 days
@TomBrady Love you Tom
@WesleyCapital23
Wesley Capital
3 days
“Tom Brady’s Fumble, Sam Bankman-Fried’s Scam, and Ergo’s Victory: The Future of Real Crypto” 🏈 💸 🖥️ 🏈 💸 🖥️ 🏈 💸 🖥️ $BTC $ETH $ADA $SOL $ERG With @TomBrady announcing Super Bowl LIX on @NFLonFOX tonight, it is only right to go down memory lane. Tom Brady is no stranger to risk. On the field, he spent decades defying the odds, winning seven Super Bowls, and cementing himself as the greatest quarterback of all time. Off the field, he embraced risk in business and investments, especially in cryptocurrency. But when FTX, one of the largest crypto exchanges in the world, collapsed in late 2022, Brady—along with many other high-profile investors—suffered massive financial losses. This wasn’t just another bad investment. It was a scandal that rocked the entire crypto industry, shaking public trust and reinforcing the mainstream narrative that crypto was nothing more than a speculative Wild West. But buried under the rubble of FTX’s downfall is a lesson that leads to the real future of blockchain: Ergo. How Tom Brady Got Burned by FTX Brady, along with other celebrities like his ex-wife Gisele Bündchen and NBA star Steph Curry, became deeply involved with FTX, not just as investors but as brand ambassadors. They appeared in commercials, urging everyday people to jump into crypto through FTX. At its peak, FTX was one of the most trusted names in the industry, valued at $32 billion. Brady and Gisele were reported to have taken equity stakes in the company, with their holdings estimated in the tens of millions. But beneath the glossy marketing and the promise of “safe” crypto trading was a fraudulent empire built by Sam Bankman-Fried. FTX wasn’t just an exchange—it was a house of cards. It turned out that customer funds had been secretly funneled into Alameda Research, Bankman-Fried’s trading firm, to cover reckless losses. When FTX’s financial instability became public, a massive bank run ensued, and the company collapsed in days. Billions of dollars vanished overnight, including the investments of Brady and countless others. Brady not only lost money—he lost credibility. His endorsement had helped bring in everyday investors who saw crypto as the future but were now left with nothing. The fallout was devastating, and the message seemed clear: crypto is a scam. Why the FTX Collapse Scared People Away from Crypto FTX’s failure reinforced every fear the public had about crypto: •Scams and Fraud: The industry was still filled with bad actors who could wipe out fortunes overnight. •No Transparency: Centralized exchanges like FTX operated behind closed doors, with no way for investors to verify how their funds were being handled. •Regulatory Uncertainty: Governments cracked down harder, and investors feared more collapses as scrutiny increased. •Reputation Damage: With icons like Brady losing millions, casual investors felt that if even the “smart money” got fooled, they had no chance. In the wake of FTX, people lumped all of crypto together—#Bitcoin, #Ethereum, and everything else—assuming the entire space was a ticking time bomb. The irony? FTX wasn’t crypto’s failure—it was the failure of centralized financial fraud within crypto. The real issue wasn’t blockchain technology, but the misuse of trust-based systems in an ecosystem that was supposed to be trustless. That’s where #Ergo comes in. Ergo: The Crypto That Fixes Everything FTX Broke Unlike FTX and its web of deception, Ergo is built on true decentralization, transparency, and financial self-sovereignty. While the FTX disaster was rooted in centralized control, Ergo represents the exact opposite—eliminating the need to trust intermediaries like Bankman-Fried and instead allowing users to control their own funds in a secure, verifiable way.
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@WesleyCapital23
Wesley Capital
3 days
@WesleyCapital23
Wesley Capital
3 days
“Tom Brady’s Fumble, Sam Bankman-Fried’s Scam, and Ergo’s Victory: The Future of Real Crypto” 🏈 💸 🖥️ 🏈 💸 🖥️ 🏈 💸 🖥️ $BTC $ETH $ADA $SOL $ERG With @TomBrady announcing Super Bowl LIX on @NFLonFOX tonight, it is only right to go down memory lane. Tom Brady is no stranger to risk. On the field, he spent decades defying the odds, winning seven Super Bowls, and cementing himself as the greatest quarterback of all time. Off the field, he embraced risk in business and investments, especially in cryptocurrency. But when FTX, one of the largest crypto exchanges in the world, collapsed in late 2022, Brady—along with many other high-profile investors—suffered massive financial losses. This wasn’t just another bad investment. It was a scandal that rocked the entire crypto industry, shaking public trust and reinforcing the mainstream narrative that crypto was nothing more than a speculative Wild West. But buried under the rubble of FTX’s downfall is a lesson that leads to the real future of blockchain: Ergo. How Tom Brady Got Burned by FTX Brady, along with other celebrities like his ex-wife Gisele Bündchen and NBA star Steph Curry, became deeply involved with FTX, not just as investors but as brand ambassadors. They appeared in commercials, urging everyday people to jump into crypto through FTX. At its peak, FTX was one of the most trusted names in the industry, valued at $32 billion. Brady and Gisele were reported to have taken equity stakes in the company, with their holdings estimated in the tens of millions. But beneath the glossy marketing and the promise of “safe” crypto trading was a fraudulent empire built by Sam Bankman-Fried. FTX wasn’t just an exchange—it was a house of cards. It turned out that customer funds had been secretly funneled into Alameda Research, Bankman-Fried’s trading firm, to cover reckless losses. When FTX’s financial instability became public, a massive bank run ensued, and the company collapsed in days. Billions of dollars vanished overnight, including the investments of Brady and countless others. Brady not only lost money—he lost credibility. His endorsement had helped bring in everyday investors who saw crypto as the future but were now left with nothing. The fallout was devastating, and the message seemed clear: crypto is a scam. Why the FTX Collapse Scared People Away from Crypto FTX’s failure reinforced every fear the public had about crypto: •Scams and Fraud: The industry was still filled with bad actors who could wipe out fortunes overnight. •No Transparency: Centralized exchanges like FTX operated behind closed doors, with no way for investors to verify how their funds were being handled. •Regulatory Uncertainty: Governments cracked down harder, and investors feared more collapses as scrutiny increased. •Reputation Damage: With icons like Brady losing millions, casual investors felt that if even the “smart money” got fooled, they had no chance. In the wake of FTX, people lumped all of crypto together—#Bitcoin, #Ethereum, and everything else—assuming the entire space was a ticking time bomb. The irony? FTX wasn’t crypto’s failure—it was the failure of centralized financial fraud within crypto. The real issue wasn’t blockchain technology, but the misuse of trust-based systems in an ecosystem that was supposed to be trustless. That’s where #Ergo comes in. Ergo: The Crypto That Fixes Everything FTX Broke Unlike FTX and its web of deception, Ergo is built on true decentralization, transparency, and financial self-sovereignty. While the FTX disaster was rooted in centralized control, Ergo represents the exact opposite—eliminating the need to trust intermediaries like Bankman-Fried and instead allowing users to control their own funds in a secure, verifiable way.
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@WesleyCapital23
Wesley Capital
3 days
Here’s why Ergo is the answer: 1. No Centralized Custodians FTX customers lost money because they trusted a middleman. Ergo removes that risk. Built on a UTXO model similar to Bitcoin, Ergo enables true self-custody with smart contracts that don’t require a central authority to manage funds. If you hold Ergo, you control it—period. 2. Transparent and Immutable FTX’s financial manipulation was hidden in private company records. Ergo operates on a fully open blockchain, where every transaction is verifiable. There are no backroom deals, no shady loans, and no hidden liquidity crises. 3. Built for Financial Stability Unlike scam-ridden DeFi projects that chase unsustainable high yields, Ergo focuses on real, long-term financial applications. Its smart contract framework is designed for security, not speculation, making it a foundation for sustainable blockchain-based finance. 4. Resilient and Community-Driven FTX was controlled by a handful of executives. Ergo has no centralized leadership, no venture capital overlords, and no billionaires pulling strings. It is a truly decentralized blockchain, owned and operated by the people who use it. 5. Proof-of-Work Security Without the Waste Bitcoin’s security model is powerful but energy-intensive. Ergo improves upon Bitcoin’s proof-of-work system with Autolykos, a mining algorithm that is both ASIC-resistant and more energy-efficient, ensuring fair participation without compromising security. Conclusion: The Future is Ergo, Not FTX-Style Crypto Tom Brady’s losses in FTX are a warning sign, but they should not be taken as an indictment of blockchain technology itself. The lesson isn’t that crypto is broken—it’s that centralized crypto casinos like FTX were never the future. Ergo stands as a real alternative to the corruption and greed that plagued the last cycle of crypto hype. While FTX promised easy money and delivered ruin, Ergo is quietly building a decentralized financial system that actually works. Brady made a bad bet with FTX, but the real winners in the next era of blockchain won’t be those chasing flashy names and celebrity endorsements. They’ll be the ones who understand that the future belongs to truly decentralized, transparent, and resilient blockchains like Ergo.
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