IBW2024: Regulatory Clarity, Security Risks, and Tax Reforms Dominate Discussions

🚨 Crypto News: India Blockchain Week 2024 lit up Bengaluru with global crypto minds flocking to the country’s tech hub on December 4th-5th. Organized by venture capital firm Hashed Emergent, the event tackled some hard-hitting topics, from India’s potential as a Web3 leader to the pressing need for tailored regulations.

VC interest in India’s blockchain ecosystem is brewing again, but regulatory clarity remains the missing puzzle piece. Industry voices highlighted the hurdles posed by steep taxes—a 30% tax on crypto gains and 1% TDS on every transaction—as well as outdated policies that make innovation a headache. Developers and exchanges are calling for a friendlier ecosystem to unleash the true potential of Web3 in India.

The conference also saw conversations around DeFi, blockchain advancements, and the future of decentralized finance. Meanwhile, security concerns took center stage after the WazirX hack, which left many Indian traders lamenting their missed chance as Bitcoin crushed past $100K during the event. With funds frozen, some users felt they not only lost money but also their hard-earned moment in the rally.

India’s Web3 future hinges on finding the right balance between innovation, security, and regulation. Will 2024 be the year India sets the stage for a crypto revolution?

CryptoNews #Web3India #BTC

Sharing Updated Timeline and Key Players and Connections who helped Trump take the White House

Would really appreciate you all helping me piece more of these key milestones together because it helps figure out the connections and motives. Through this activity I think the community hasn't focused a lot of their efforts researching David Sacks*.*

Key Players

• Donald Trump - Convicted felon, serial rapist, bankrupt billionaire, twice impeached 45th president
• Elon Musk - Ego eccentric tech billionaire who gets rich off other peoples ideas, acquires companies, and benefits from billions of government funding. Elon is from South Africa and came to the US for college, he then later violated his student visa. He speaks directly to Valdimir Putin to discuss Ukraine peace talks
• David Sacks - is a South African-American and Founder of Craft Ventures and part of the “PayPal Mafia” ( former COO of PayPal). David’s goal is to unite conservatives and former leftists in a reactionary movement against liberalism. Member of Dark Maga that has a track record of financing drug trafficking and money laundering operations. (interesting tweet). 

Reasons why the DonOLD needed Elon to get back into the White House

As Kamala stated in the presidential debate on X night, “it is absolutely well known that these dictators and autocrats are rooting for you to be president again because they're so clear, they can manipulate you with flattery and favors. The reasons why I believe Trump needed to be in the White House 2024

1. Trump is scared of prison and using the Presidential role to dismiss his court cases
2. Looming debts from his $454m, 34 count conviction in NY to his $81m civit suit with E. Jean Carroll
3. Trumps ego to be the most powerful person in the world and to line his own pockets for personal gain for his businesses and family

Reasons why David Sacks wants to push his agenda to the White House

What the crypto industry has been asking for more than anything else is a clear legal framework to operate under. If Trump wins, the industry will get this, and more innovation will happen in the U.S. If Harris wins, Warren & Gensler will keep driving the train, and innovation will be driven offshore. This should be an easy choice for anyone in the industry. ( tweet) Fundamentally David believes that the Biden administration is getting carried away with regulations. Biden has a hostile innovation agenda and that he is doing everything he can do to alienate Silicon Valley.

• hostile to AI  ( AI needs energy and the US doesn’t  have nuclear energy) 
• hostile to crypto
• hostile to M&A
• hostile to options as compensation

David Sacks is the primary person that brought a majority of the billionaires to the table. Tech billionaires want to bring in outside people to come in and shake things up. The first inning in their plan will be for radical truth seeking transparency and sharing (the release of the epstein/diddy/JFK files). They believe that AI will help automate the Government take all the files and  load them through AI so people can ask questions of the data and to automate or eliminate departments of people. Use data to establish trust. Want a massive declassification of the federal government

David Sacks concerning posts on X

[6/13/2024] - Elon lost his sham trial but voters fixed it. Trump lost his sham trial but voters…

[6/14/2024] - Startup tip: you’re not required to have DEI. Firing this team will immediately save costs and improve performance.

[6/15/2025] It’s crazy that voting machines have not open-sourced their code

[6/30/2024] -To save democracy, we must defer to an oligarchy! 🤣

[7/02/2024] - What if some future president, emboldened by this Supreme Court decision, tries to jail his election opponent? That would be truly shocking wouldn’t it?

Elon motivations to help Trump win the White House

To recoup lost investment, control AI narrative, and follow through with his promise to hand Ukraine territory over to Russia. Elon is struggling with recouping his funds from the Twitter acquisition and his frustration with the Biden Administration for implementing the Chips Act which adds extra regulations to the advancement of AI. With Musk's recent launch in xAI, Elon and his silicon valley tech buddies do not want to be hindered from innovating quickly and pushing boundaries with AI.  On top of that Musk has had billions of government grants for SpaceX and Tesla. Biden’s administration started giving out more handouts to his competition like Rivian ($6.6B) or blocking his 6/11/2024 - $56m compensation package. 

Post election Musk has been vocal about  blocking OpenAI from becoming profitable and announcing that they DOGE will be trying to strip the $6.6B government grant once Trump comes into office. It seems Elon needs to make due on promises to his investors (Saudis, Putin and David Sachs) and to grow his own companies with Trump government funding and block all his competitors (China car manufacturers, Rivian, OpenAI, Google, etc) 

Elon Musk’s $44b takeover of Twitter in 2022 involved many financial institutions, banks, and investment funds – but also, indirectly, two Russian oligarchs, closely tied to the Kremlin. 

Primary investors of Twitter take over Unsealed legal document

• Sean “Diddy” Combs, a rapper who has been accused of rape, assault, and forcible drugging
• Andreessen Horowitz
• Saudi Prince Alwaleed bin Talal al Saud
• Sequoia Capital
• Fidelity
• 8VC, a venture capitalist company co-founded by Joe Lonsdale, co-founder of intelligence contractor and data analysis platform Palantir.
  • 8VC employs Jack Moshkovich and Denis Aven, two children of sanctioned Russian oligarchs, Vadim Moshkovich and Petr Aven
    • Peter Aven - is the president of Alfa Group, one of Russia’s largest financial and industrial conglomerates. He is sanctioned by the European Union, the United Kingdom, and the US Treasury.
    • Vadim Moshkovich, founder of the agriculture conglomerate Rusagro, was also sanctioned by Western states (but not the US) after Russia invaded Ukraine in 2022. Moshkovich met with Russian president Vladimir Putin the day Ukraine was invaded. He served in Russia’s Federation Council, the upper chamber of parliament, from 2006 to 2014. 

Secondary Players

• Donald Trump Jr - Likes to ski white slopes, son of the most corrupt president, and recently joined as a board member of 1789 Capital
• Nelson Meltz - Billionaire who played matchmaker for Trump and Musk by hosting breakfast a his home in FL 
• Prince Alwaleed - High-profile Saudi Arabian investor Prince Alwaleed bin Talal who has bailed out Donald Trump over 3 times since the 1990s (approx $900m) and recent major investor into Elon Musk new company xAI
• Peter Thiel - Evangelical christian who supports apartheid.  Co-founder of PayPal, Palantir Technologies,  Founders Fund and invested in SpaceX. Co-authored a book with David Sacks, The Diversity Myth : Multiculturalism and Political Intolerance on Campus” 
• Trevor traina - Founder and CEO of Kresus Labs
• Joe Lonsdale - Cofounder of Palintir, and founder of 8VC, a venture capitalist firm that directly employs the members of the Kremlin. 
• Ken Howery -  Billionaire investor who just become a key investor in xAI, former founder of PayPal
• Omeed Malik - Founder and CEO of Farvahar Partners and president of 1789 Capital VC firm
• Shayne Copeland - CEO of Polymarket, the world’s largest prediction market. This platform pegged Donald Trump’s chances of victory at 58%. By 11:43 p.m. ET—nearly six hours before the Associated Press called the election

Timeline and key connections

[3/6/2026] -  Elon posted on X that he will not Donate any money to either candidate 

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[3/18/2024] - Nelson Peltz hosts breakfast for Trump and Musk at an estate in Palm Beach discussing a "data-driven" project to combat voter fraud

[5/28/2024] - Saudi Prince Alwaleed bin Talal invests in Elon Musk’s $24B xAI startup

[6/7/2024] - David Sacks raised $12m by hosting a dinner for Trump with all Silicon Valley Billionaires charging $300,000 a seat 

[6/11/2024] - Elon gets his $56m Tesla compensation package denied. ( I suspect this was the moment that really pissed him off, enough to ramp up engagement on engaging in the campaign from being a passive member to an active participant)

[6/15/2024] - Elon posts “We should eliminate electronic voting machines. The risk of being hacked by humans or AI, while small, is still too high.”

[6/15/2024] - Trump in Detroit MI speaks at the People's Convention

• “Listen, we don’t need votes. We’ve got more votes than anybody’s ever had. We need to watch the vote. We need to guard the vote. We need to stop the steal. We don’t need votes. We have to stop focus… Don’t worry about votes. We’ve got all the votes.”

[6/17/2024] - Elon has a spat on X with India's former junior IT Minister Rajeev Chandrasekhar. Musk doubled down, saying: “Anything can be hacked.”

[6/20/2024] - Trump is a guest on the  All In Podcast. Jason Calacanis, podcast host, has a Freudian slip, “And it looks like you are going to win a second term here.”

[6/22/2024] - Trump at Faith and Freedom conference in Washington DC (01:18:18-01:18:34)

• “I tell my people, I don't need any votes. We got all the votes we need. I don't need votes.”
• “What I don't want is those votes to disappear. They disappear and new votes appear, brilliantly appear”

[6/27/2024] - Biden and Trump have their first debate

[6/28/2024] - Trump Chesapeake VA

• “We don’t need votes”

[7/9/2024]  -  Elon engages with voting security expert J. Alex Halderman on X

[7/13/2024] - Elon announces on X his full support of Dump

[7/15/2024] - Elon shares that he created a SuperPAC, committing $45m/mo

[7/19/2024] - Key Elon silicon valley puppeteers celebrating at the RNC, David Sachs, Don Jr, Polymarket CEO Shayne Copelan (post has been scrubbed from the internet). 

https://preview.redd.it/23m4skylu45e1.png?width=457&format=png&auto=webp&s=6d90e0ff37b412f898fe3456ebc02ae50f8798f7

[7/21/2024] - Biden announces he is not running for the second term and endorses Harris

[7/21/2024] - Trump extremely upset that Biden dropped out of the race (spends about a month complaining about Biden dropping out

[7/24/2024] - Elon makes a pit stop at the Capitol 

[7/25/2025] - Trump calls into Fox and Friends

• “My instruction, we don’t need the votes I have so many votes”

[7/26/2024] - Trump at Believers' Summit hosted by Turning Point Action says,

• “Vote this November, they will never have to vote again. Get out and vote this time. You won’t have to do it anymore. In four years, you don’t have to vote again. We’ll have it fixed so good you’re not going to have to vote”

[9/10/2024] - Harris and Trump have their first debate

[10/5/2024] - Elon on stage for the first time at a Trump rally in Butler PA. Elon announces he is Dark Maga aka Mafia

[10/7/2024] - Tucker Carlson interview’s Musk peddling project 2025 as well as Musk’s states “If [Trump] loses, I’m fucked… How long do you think my prison sentence is going to be?”

[10/16/2024] - Elon quietly moves $765m of Bitcoin to unidentified wallets (Could this been a payment to the individuals or companies that help hack to voting machines, their job was done and delivered the source code updates)

[10/17/2024] - Elon  holds town hall in PA state sharing some Freudian slips, 

• “I’m a technologist. I know a lot about computers. I’m like, the last thing I would do is trust a computer program because it is just too easy to hack. It’s too easy to add just one line, and it’s really difficult to hack paper ballots”
• “I think some amount of cheating that takes place. It’s hard because when you have mail-in ballots and no proof of citizenship, it becomes almost impossible to prove cheating is the issue. So a lot of people on the Dem side will say, there’s no cheating, there’s no cheating”
•  “I’m a technologist. I know a lot about computers. I’m like, the last thing I would do is trust a computer program because it is just too easy to hack.”

[10/23/2024] Trump takes the stage in Derry New Hampshire to continue sharing his no vote rhetoric,

• “You don’t have to vote. Don’t worry about voting. The voting, we got plenty of votes. You got to watch election night”

[10/25/2024] - Michigan reports issues with Dominion machines with straight party voting

[10/29/2024] - Michigan reports double counting of votes, and one voter record copied 29 times

[11/5/2024] - Elon’s kid crashes the interview with Tucker Carlson on election night and says “ we quietly do whatever we want”

[11/5/2024] - Election Night, Elon posts about PA votes start dropping after 10/10/2024

https://preview.redd.it/wntw4iliu45e1.png?width=858&format=png&auto=webp&s=d236dbbc28f8bdf5820835612ef94af59f2fc700

[11/12/2024] - Joe Rogan on his  podcast shared that Elon developed a custom app on his phone that gave him real-time vote counts-- so he knew trump had won four hours before anyone else called it

[11/13/2024] - FBI raids apartment of Polymarket CEO, Shayne Coplan.

[11/19/2024] Trump asking for his second term to start on Nov 5th at first speech post acceptance [source]

What's Next to research

Heritage Foundation is tied to member at EAC.gov, ProV&V, ES&S, and Dominion. Goal to figure out who the tech billionaires connected with at these companies who helped Elon get the data to put into his mobile phone where he could look at voting data four hours before everyone else.

I have other chores too if you want to work together. Please message or chat me

Classic crypto crash as GME spikes. Wut doing Wall Street?

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700k NW at 28 (no tech bro) What next?

Greetings all,

I came across FIRE when I was about 20 in 2017. I remember working my retail job when a coworker in his late 30's challenged what I was doing with my $ since I was living at home. His response to me having it all in savings was investing. A deep dive and countless amounts charts, calculators, reading stories here, lead me to full maxing my 401k the next week as well as employee stock contribution, and never looking back.

First of all thank you, to everyone who contributes here, gives feedback, and criticism! I always thought of Reddit as sh*tpostville but it's nice to see some real world non promoted advice from time to time. Like many stories similar to mine, I had a fair share of good luck along the way. I wanted to make an acc and hop on here and share progress, timeline, and hopefully get some advice!

Asset breakdown:

• Roth 401k: 206k
• Taxable Brokerage: 125k
• Roth Ira: 32k
• Traditional IRA: $8600 (had to do this one year)
• Duplex Home Equity: 170k
• Bitcoin: 105k (36k vested)
• Cash: 55k (need to keep cash on-hand for the moment to run self employment payroll for the year soon)

Stock picks: Had 5-6 picks that lost 90%, and as well as a biotech that's a long game and so far a long loss, all those combined about 20k losses (I don't recommend picking stock!). Hit "big" on an oil stock that went from 73 cents to currently $15.50. Over half of my brokerage is Best Buy Stock. It's done well this year and 4% yield. But honestly I need someone to tell me to sell it (afraid I'm emotionally holding)

Story continued: I didn't go to college (switched states going into high school, then moved back my senior year which really threw me for a loop). Honestly, had no idea what I wanted to do with myself and picked up a summer job at Best Buy. Fell in love with working as many hours as I could and from there started saving $. My w2's started at about 40k and by the time I left after 7 years were about 80k, nothing crazy. The last 6 years effectively most my paycheck was deducted into 401k and ESP. Living at home until 24 definitely wasn't the most glorious thing but I truly believe it was the #1 contributor to saving (for any youngster reading this living at home)

Where I really had a breakthrough was around 2020. I purchased a home in 2020 (with a 3.5% down payment) right before everything went crazy (climate wise and housing wise). I was able to sell that home for 100k profit and bought my realtors brothers home for the same price I had bought the 1st home at. This allowed me flexibility and more importantly/bought time to allow me to keep investing. Late 2020 a neighbor of one of my best friends had left his finance job to do full time sports betting. I'm not a gambler (definitely contradicts FIRE lol) but anyone who leaves their job is gonna get my attention. Won't go on and on about the details but for myself, what started small turned into a lucrative side hustle that has lead to about 100k a year the last 4-5 years. I sold the 2nd home I had moved to for a break even (after a much better offer fell through smh) and purchased a Duplex as another investment tool.

This side hustle was requiring more and more time (especially since most sporting events are at night) and I decided to leave my Best Buy job earlier this year. It was tough as I felt it had given me everything (though like most jobs, it wasn't the same at the end). I currently have an S Corp that I run all income through and consider myself self employed I suppose (still don't like the vague sound of it lol). It's important to point out it's also tough no longer having provided benefits nor a "guaranteed" income. Curious if anyone else has gone through the same.

While working effectively 7 days a week for 12 hours (9-5 and then watching betting lines until midnight and all day on the weekends) was draining, I do feel like I'm leaving $ on the table no longer having a day job. After only knowing a set schedule all my life, it's been bittersweet so far. My gf (26) just moved in with me, she worked her way up the ranks from a entry pay to hotel gm pay of about currently 80k. I recently learned she has no debt but was slightly surprised she also has very little invested. I plan to challenge her to budget more than 3% for investing next year now she is no longer paying high rent. Her travel perks and having the freedom to do so have been amazing. Just this year have been to Spain, Jamaica, Puerto Rico, and doing Hawaii and Australia in the coming months, all for $50-80 a night rooms at resorts. It's made me feel less guilty about taking vacations!

Where I would appreciate advice-this next year I'm trying to focus more on living situation. I live in the cold midwest and am hoping the gf gets a hotel offer anywhere else. She had her own goal before we met to live in another state (she never has, I've lived in 5). I thought years ago with my side $ I would be buying a new property every couple years but honestly, I don't think real estate is the move for me as I can't repair anything lol and the constant fear of something going wrong with this 100 year old duplex has cost me sleep. Has anyone sized "down" and gone from single family to condo and liked it, regretted it. Or is moving to a LCOL area much more satisfying? Thank you all and let me know of any questions!

Just got this - how can we mess with them?

Greetings!

 

I have to share bad news with you. Approximately a few months ago, I gained access to your devices, which you use for internet browsing. After that, I have started tracking your internet activities.

 

Here is the sequence of events:

Some time ago, I purchased access to email accounts from hackers (nowadays, it is quite simple to buy it online). I have easily managed to log in to your email account aguth@tx.rr.com.

 

One week later, I have already installed the Cobalt Strike "Beacon" on the Operating Systems of all the devices you use to access your email. It was not hard at all (since you were following the links from your inbox emails). All ingenious is simple. :).

 

This software provides me with access to all your devices controllers (e.g., your microphone, video camera, and keyboard).
I have downloaded all your information, data, photos, videos, documents, files, web browsing history to my servers. I have access to all your messengers, social networks, emails, chat history, and contacts list.

 

My virus continuously refreshes the signatures (it is driver-based) and hence remains invisible for antivirus software. Likewise, I guess by now you understand why I have stayed undetected until this letter.

 

While gathering information about you, i have discovered that you are a big fan of adult websites. You love visiting porn websites and watching exciting videos while enduring an enormous amount of pleasure. Well, i have managed to record a number of your dirty scenes and montaged a few videos, which show how you masturbate and reach orgasms.

 

If you have doubts, I can make a few clicks of my mouse, and all your videos will be shared with your friends, family, and relatives. Considering the specificity of the videos you like to watch (you perfectly know what I mean), it will cause a real catastrophe for you.

I also have no issue at all with making them available for public access (leaked and exposed all data).
General Data Protection Regulation (GDPR): Under the rules of the law, you face a heavy fine or arrest.
I guess you don't want that to happen.

 

Let's settle it this way:
You transfer 0.4 BTC to me , and once the transfer is received, I will delete all this dirty stuff right away. After that, we will forget about each other. I also promise to deactivate and delete all the harmful software from your devices. Trust me. I keep my word.

 

That is a fair deal, and the price is relatively low, considering that I have been checking out your profile

and traffic for some time by now. If you don't know how to purchase and transfer bitcoins - you can use any modern search engine.

 

You need to send that amount here bitcoin address:
1LKY7PAhJgaL35J4ov2texEeAbpM6shNji

 

(The price is not negotiable).
You have 4 business days in order to make the payment from the moment you opened this email.

 

Do not try to find and destroy my virus! (All your data is already uploaded to a remote server).
Do not try to contact me. Various security services will not help you; formatting a disk or destroying a device will not help either, since your data is already on a remote server.

 

This is an APT Hacking Group. Don't be mad at me, everyone has their own work.
I will monitor your every move until I get paid.
If you keep your end of the agreement, you won't hear from me ever again.

 

Everything will be done fairly!
One more thing. Don't get caught in similar kinds of situations anymore in the future!
My advice: keep changing all your passwords frequently.

Get ready for bitcoin’s biggest events in 2025 🌍 We’ve curated the list of the top conferences and meetups worldwide. Learn, connect, and find out where you can meet us in person! Check out our guide and let’s make 2025 unforgettable 💥

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The eye of the hurricane - Double bottom confirmed.

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