@GRDecter And where do you think those laid-off employees will go? If they end up on unemployment (whatever other social security you have) then it’s going to be paid from your tax money.
If they stay employed at least there is some sort of wealth distribution from big tech.
A group of degens in a sex cult, high on amphetamines and living in a $300M compound in the Bahamas stole $10B of customer funds, all to lose it by gambling it away on magical internet beans
what
We have set out new legislation to see stablecoins recognised as a valid form of payment in the UK.
By recognising the potential of this technology and regulating it, we can ensure financial stability and provide wider consumer payment choice.
https://t.co/MdZ5IOLZtH
A THREAD on most thought provoking ideas on Web 3, NFTs, tokens++ shared by @cdixon:
1/
Web 3 is the internet owned by the builders and users, orchestrated with tokens.
If fiat backed stablecoins really become inflation coins (not so stable), then how will we get a coin that is truly stable?
Perhaps something that tracks a basket of real world goods (purchasing power parity) using oracles?
Ideas welcome.
We're aiming to launch the first version of #PancakeSwap's NFT marketplace and minting of the #PancakeSquad NFTs on September 22nd 🎂
All fees from the NFT marketplace and #PancakeSquad will be used to buyback & burn $CAKE 🥞🔥
Not gonna lie, I am very excited. Are you?
This chart represents the total #Altcoin marketcap.
And it's probably the most bullish chart there is.
They will write books about what is going to happen next.
Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down.
There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K