Mic Drop

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12:15 Not a good idea to store a potato on plastic as it tends to rot fast where it sits on the plastic. They need more exposure to air.

Check the details out for yourself http://911blogger.com/news/2013-12-08/how-debunk-wtc-thermite

Yesterday, the Wormhole bridge one of Solana's biggest bridges lost $320m in a hack. Within hours, a trading desk Jump Capital agreed to replenish the entire amount so that the liquidations calamity is avoided. The loss of the peg due to the hack could have sent the network into cascading liquidations arising out of leveraged positions. In stepped a VC to save the day.

The fact that VCs are ready to cover these kind of losses shows that the entire Solana "ecosystem" is just one big sham propped up by these same VCs. They dont want their baby to die just yet. Apparently Jump Capital owns a significant stake in Wormhole and is ready to sink such a huge amount to cover losses.

In Solana, the top 1.34% of addresses owns 99% of the circulating supply. Most of the supply was sold to early VCs and insiders at a massive discount to retail. Insiders and bad actors like Chamath have publicly joked about using Solana as a vehicle to play their pumps and dumps out, leaving retail to hold the bags when the sham unfolds.

VCs dont just sink in $300m to save the day, unless they have already taken out 50x that amount - that is what Solana has enabled them to do already.

So a buncha SOL Shills be like hurr durr even ehtirium had hacks and was saved by fork. Well the DAO hack was solved by cryptography solutions (forking), not by VCs stepping into save the day. If you think both are the same, you clearly understand NOTHING about crypto whatsoever. The DAO hack and the hard fork took over a month to assess, propose solutions and resolve. It wasnt an overnight fix, like what solana is known for.

When Solana goes down - over night fix.

When bridge hacked? - overnight fix.

How long will Solana depend on overnight fixes to bail the network out?

Edit: The mental gymnastics of SOlshills is just incredible. They have clearly consumed all the kool aid in the world to be supportive of this kind of institution manipulation. Yes, other projects also have VCs, and Eth projects have also been hacked. Yet none of the ETH projects have been bailed out in this manner by VCs and institutions. I have been extremely critical of ETH too. There is virtually a hack a day on Eth due to poor code or implementation or bugs, but none of the ETH project hacks have been "replenished" by institutions. If an ETH projects gets hacked and people lose money, well you are shit out of luck. As evidenced by hundreds of hacks and scams before.

The first major Solana hack, and less than 24 hours later the institutions propping up solana claim they are bailing everyone out. If this is not the least bit suspicious to you, then you are just being slow boiled alive.

Solana itself is a long term pump and dump that is devoid of any decentralisation and fundamentals except a bunch of whales propping it up. The tokenomics of every single Solana "ecosystem" project is puke worthy - from Serum to Raydium, Bonfida, Saber etc all have massive supply in the hands of a few, an incredibly high FDV and a low float and funny unlock mechanisms - perfect conditions for institutions to keep dumping on hapless retail investors like the ones supporting Solana in the comments here who dont understand anything about crypto or finance.

- https://www.reddit.com/user/Set1Less/

We just hit 30T.... a round #......

She is great at this rhyming stuff...

The Lockheed Martin Sikorsky-Boeing team completed mission profile flight tests for the Army's Future Long-Range Assault Aircraft (FLRAA) competition. 

"We fully demonstrated Defiant's ability to execute the FLRAA mission profile by flying 236 knots in level flight, then reducing thrust on the propulsor to rapidly decelerate as we approached the confined, and unimproved, landing zone," said Bill Fell, Defiant chief flight test pilot at Sikorsky and a retired U.S. Army Master aviator.

"This type of level body deceleration allowed us to maintain situational awareness and view the landing zone throughout the approach and landing without the typical nose-up helicopter deceleration. This confined area was extremely tight, requiring us to delay descent until nearly over the landing spot, followed by a near-vertical drop. We landed Defiant precisely on the objective with little effort as we descended into this narrow hole while maintaining clearance on all sides," Fell said. 

A YouTube video released by "Team Defiant," dated Jan. 18, shows the helicopter flying at low-altitude operations in a wooded area at low-level speeds. It will fly soldiers and cargo into battle at more than double the speed of the Army's current helicopters. 

Defiant is competing with the Bell V-280 Valor tiltrotor aircraft for the FLRAA program. By the end of the decade, one of these high-tech helicopters could replace the Army's convention helicopters, like the Sikorsky UH-60 Black Hawk.

This explanation seems completely new to me... I no longer see the gravity as some "force".

The Plunge Protection Team is late. Feels like 2008.

The Canadian Truckers just left for Ottawa yesterday to protest the jab, that means NO food deliveries or any other deliveries.. Now, the Rail Road is thinking about striking, not good...

No big deal.... nothing big is happening. 😉

Well, the S&P 500 (-10.47%) just joined Nasdaq (-15.41%) in formal correction territory this morning. The Dow (-8.22%) isn't too far behind. The façade is falling away.

China’s crashing housing and commercial real estate markets are making the headlines once again as the country’s biggest property developer has been hit by a liquidity crunch and is now at risk of collapsing. Since last year, the slow collapse of the nation’s second-biggest developer, Evergrande, is keeping investors worldwide on edge as they fear the company’s bankruptcy is going to have a knock-on impact on China’s entire real estate sector and send the world into a financial crisis. And now that Country Garden Holdings – the largest investment-grade developer in the country – is in major trouble with international bondholders, it seems that we’re one step closer to a global financial meltdown. The company was one of the few remaining large, better-quality private developers that had been unscathed by the liquidity crunch, even while other big groups, such as Shimao, faced dramatic reversals in their credit ratings. In December, Shimao’s implosion was viewed as “more devastating than debt crisis at Evergrande and Kaisa”. And now it seems like Country Garden is the final and most visible property giant for contagion risk, as extraordinary levels of stress in the offshore bond market threaten to drag credit ratings down. Just as Evergrande and every other developer peer that relied on debt to fuel growth, Country Garden needs access to funding in the offshore credit market to pay for its projects. But given that the Chinese government has recently shut that door, the company is now coping with a debt load to the tune of US$11.7 billion, representing its total outstanding US dollar bonds, as Bloomberg reported. According to Bloomberg, the main risk plaguing the developer right now is its limited access to funding. “Any sign of doubt in the firm's capacity to weather liquidity stress risks may prompt a widespread repricing of other higher-quality developers,” analysts wrote. In other words, if the company doesn’t prove that it’s capable to obtain financial support to finish its projects, it may end up downgrading the credit ratings of its peers and triggering a sizable crash in the nation’s housing prices. With over 3,000 housing projects spread across every single Chinese province, Country Garden's financial health has enormous economic and social consequences, far greater than Evergrande. Even more worrying, if the group starts showing signs of weakness, it will dramatically damage the already fragile investor and homebuyer confidence, compromising China's economy and even social stability. Experts argue that’s when China's Lehman moment will finally emerge. Now, investors are paying close attention to Country Garden's capacity to raise funding from a variety of channels, especially considering that the offshore credit market remains effectively closed to most developers. The company must repay or refinance about US$1.3 billion on bonds this year, the majority of which are dollar notes. Its next bond maturity is a US$425 million bond due on January 27. Any indication of default can make the situation far more complicated. Keeping in mind that investor confidence is at historic lows, and the dollar bond market is essentially shut for developers, the sector currently has very limited refinancing options, which increases the risk of companies failing to pay the debt on time. “Risks across the Chinese property sector are rising, evident from difficult refinancing conditions for even the most well-regarded firms,” said Wei Liang Chang, a macro strategist at DBS Bank. “Greater clarity on the disclosure of liabilities as well as asset sales are crucial to shore up confidence,” he added. Bloomberg estimates also point out that at least seven Chinese developers have defaulted on dollar bonds since October. And this crisis is about to hit a whole new level as the very foundation of the property market loses financial support. If you’re wondering why does all of this matters, the truth is that as investor and consumer confidence evaporates in China, the inevitable collapse of these massive companies will hamper at least 25 percent of the Chinese GDP and set off a tsunami of bankruptcies this year, leaving a dent on global financial markets and slowing down the global economy. In the best-case scenario, Beijing will have a recession on its hands. In the worst-case scenario, a depression may follow, which will leave the world’s central banks scrambling to bail out the second biggest economic superpower on the planet. Regardless of the outcome, the impacts are going to be very painful. In short, this means that we’re heading to an era of credit tightening while inflation continues to soar and eats up a larger share of our purchasing power with each passing month.

You definitely caught my interest on this one. 

And to top it off... here is the ETHEREUM Foundation actually trading against its users. Still want to own ETH?

This can't be helping the overall situation: 

What will conventional aircraft do against modern cruise missile capabilities? Can aircraft even deploy before the missiles are are past anymore