I think Adam Back is cashing out his BTC holdings (30,000 BTC priced at a premium) by selling to the Cantor SPAC. Nothing wrong with that, but let's not sugar-coat this - an OG reducing his bag.
Tokenized stock really just means "let's sell stock without complying with US disclosure rules" (the blockchain benefits of self custody, fractional ownership, 24-hour trading offer minor benefits and are detractors)
Eg - Robinhood now selling OpenAI tokenized shares
Tokenized stock really just means "let's sell stock without complying with US disclosure rules" (the blockchain benefits of self custody, fractional ownership, 24-hour trading offer minor benefits and are detractors)
Eg - Robinhood now selling OpenAI tokenized shares
Bitcoin related concern:
How are yβall thinking about security risks of concentrated bitcoin custody?
For example, Coinbase currently holds around 10% of BTC supply β compromising private keys could have similar implications as the ETH DAO hack.
What's the best analogy for crypto?
π Early internet: Full of promise, many uses yet to conceive
π« Facebook: Clear benefits but with awful externalities
π° Digital casino: Morally neutral and zero-sum
π¬ Cigarette makers: Obviously harmful yet dressed up as legit
Other?
What's the best analogy for crypto?
π Early internet: Full of promise, many uses yet to conceive
π« Facebook: Clear benefits but with awful externalities
π° Digital casino: Morally neutral and zero-sum
π¬ Cigarette makers: Obviously harmful yet dressed up as legit
Other?
Congratulations to @BenHertzShargel on winning the debate re: #Bitcoin mining's impact on the grid!
And thanks to @lee_bratcher for his insights.
Listen here: https://t.co/6VhXTdqqny
Congratulations to @BenHertzShargel on winning the debate re: #Bitcoin mining's impact on the grid!
And thanks to @lee_bratcher for his insights.
Listen here: https://t.co/6VhXTdqqny
Some bitcoiners say #btc mining stabilizes the grid, because it consumes excess supply of power when demand is weak (a healthy grid keeps supply/demand in balance).
@tedcruz agrees. Do you?
Motion: Bitcoin is good for the grid
@lee_bratcher vs @benhertzshargel in April π₯
Post-debate poll π³οΈπ³οΈπ³οΈ
Motion: "#Bitcoin mining is good for the grid."
Do you agree after listening to the pod? π
Spotify: https://t.co/0XxsRK2tr5
@lee_bratcher vs @BenHertzShargel
Post-debate poll π³οΈπ³οΈπ³οΈ
Motion: "#Bitcoin mining is good for the grid."
Do you agree after listening to the pod? π
Spotify: https://t.co/0XxsRK2tr5
@lee_bratcher vs @BenHertzShargel