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FX is the world’s most important market.
It works because execution is reliable at scale.
Stablecoins are ready for FX-grade execution, but they’re blocked by liquidity fragmentation.
Superset is building the execution layer that unblocks this.
The delusions behind a bitcoin strategic reserve.
That's the title of the latest bitcoin opinion piece in the FT. Let’s break down their claims and see if they hold up.
Spoiler: they don’t. 🧵
@TomBenoit_ Ce qui se passe en France est insignifiant.. la SEC avait attaqué en justice en juin 2023 les deux plus gros exchanges: Binance et Coinbase. Dire que c’est le “système” qui a créé Bitcoin est grotesque. Il est aujourd’hui impossible d’arrêter Bitcoin puisqu’il y a 18,000 nodes.
At only $50, John McAfee explains where #Bitcoin value is derived from:
User adoption
Network effect
Cost of mining
Exiting fiat
“Temporary fluctuations are meaningless”
Rest in peace to a Bitcoin legend 🙏🏽
The saga continues
#Bitcoin at $30: "I'm too late"
#Bitcoin at $6: "It failed"
#Bitcoin at $900: "I'm too late”
#Bitcoin at $200: "It failed"
#Bitcoin at $17,000: "I'm too late"
#Bitcoin at $3,500: "It failed"
#Bitcoin at $69,000: "I'm too late”
#Bitcoin at $18,000: “It failed”
WOW! With that animation, it becomes very clear!
Everything will be priced in #Bitcoin, and everything will trend towards 0!
Just a matter of time.
Here are the Top 5 currencies priced in #BTC: