[SAGA45]

Interesting post from the SAFEMOON reddit:LINK

Thoughts on SafeMoon from a Banking/Intelligence perspective.
Discussion
Background.

I work for a large national bank as an investigator, essentially performing account surveillance and analysis to ensure clients are not laundering money and the bank’s assets are safe from other suspicious activity. Prior to this, I spent around ten years in military intelligence and defense contracting.

In my current field, I look at hundreds of accounts every month. In the last year and a half, I have noted a marked and steady increase in activity of fiat to crypto and back. I am not a crypto or financial expert and the charts over this time period have obviously indicated this. I merely want to add first hand proof. This activity comes from people of all income levels and occupations. I’ve seen stuff you wouldn’t believe. I once saw a client draw over $100K on a HELOC and go all in on BTC. Similarly, I’ve seen several client’s use debt consolidation loan funds to go heavily into crypto. Continue when your eyes stop bugging out.

In my very small sliver of the industry, crypto is viewed with at least mild suspicion due primarily to the overarching assumption it is used for illicit activity. As if cash is not used for extensive illicit activities. My job literally revolves around illicit activity using fiat currency. This view of crypto is changing slowly and likely from the bottom up, which will leave at least a few banks scrambling when integration with crypto is a requirement.

SafeMoon.

I’ve dabbled in some of the big names in crypto over the last five years, but was missing the functionality of established currencies. Being in banking, I know at least a little about what people want out of their money, functionally speaking. Crypto is headed in the right direction and will reach a tipping point sooner rather than later, I believe. Things like competitive fees and transaction rates/volumes are just a few of the surface level requirements needed in this blossoming industry. Doubtful this is news to anyone, but we need to consider these aspects when doing any kind of long term work or investing. Short term, sure, do whatever makes you happy. No hate on any hype coins or tokens out there. If we want this all to be taken seriously and fundamentally change the world we live in, we have to ask: What do we want from our money? I don’t mean what we want to obtain/do with it. I mean, if we could make a currency to fulfill all our needs as a monetary system, what would that look like? This is where we are; the cutting edge of change in this field.

I do not believe SafeMoon is attempting to replace BTC as a store of value or even become a primary means of payment for goods and services. This is primarily based on the 10% tax which is redistributed. If you are unaware of the upcoming products and projects SafeMoon has in the pipe, DYOR time now. That being said, the bits and pieces people have assembled thus far have some all but jaw dropping indications for what is coming.

We all know quality products take time to develop. These items they are working on will take years to get right. Competition will also add a layer of intrigue. If SafeMoon accomplishes all their internal objectives and manages to become a go-to in the crypto space, others are going to attempt to get in on that slice of the pie. Competition will spur additional innovation and will be fascinating to watch. Buckle up.

A few things to wrap up.

When I initially got into SafeMoon I was unaware Karony was prior Intelligence and still in the industry. He undoubtedly maintains a TS/SCI clearance and likely a lifestyle polygraph to boot. Being part of that industry myself, it gives me confidence in the company and road map. Consequences for rug pulls or other schemes for someone like Karony would be swift and far reaching.

Karony’s parents being former (current?) CIA is interesting and not a bad thing. We know their involvement in The Gambia has set up that particular part of Pheonix. I’ve worked in intelligence in both Iraq and AFG in both tactical and strategic levels. Been in many meetings with CIA intel people and think this is value added for SafeMoon. I will not be able to speculate or speak further regarding any CIA/SafeMoon connection.

Karony’s parents attending and speaking at BYU, living in and SafeMoon being a registered business in Provo, Utah are all indicators the family is likely LDS. This holds significance to me solely due to what I know of this religion and the people who follow it. It indicates a probable firm moral base, if nothing else. Regardless of your thoughts and feelings on this religion, a healthy moral base for a CEO can’t help but bolster confidence in the company and road map as a whole.

The road ahead for crypto will have some bumps and even pot holes, but I am confident we are ushering in a new era. Banks will likely have more push back if they do not or are unwilling to adapt in this time. China attempting to launch their digital currency will be interesting with all the recent news and intelligence regarding their involvement in derogatory world events over the last year and a half. Not sure I would want to jump in bed with anything offered from them after recent news. I am sure other individuals and countries share that hesitation. However, I am confident they (China) too will correct and aim to solve some problems with their currency.

I hope my two cents helped someone. SafeMoon is a long term hold for me. I am confident in the team. I am confident in the products and services being worked on. I don’t see those changing so nothing on the charts is going to shake my diamond hands.

CrushFudNotBud

I found the insight into the CEO, John Karony's background and upbringing interesting as far as the Intelligence community goes. It makes sense when Karony boasts the following:




Also this development...