is there any Bermuda govt sourced language on the timeline for what happens after BMA closes comment submissions on the draft 'Code of Practice for Digital Asset Custody' on Jan 18th? looking at you @azbill_brandon@CE_Albanese $dig
Crypto Markets & Development
2013: Frenzy & Over-Promise
2014: Crash & Under-Deliver
2015: Consolidate & Ship
2016: Lift & Refine for Adoption
2017: Frenzy & Over-Promise
2018: Crash & Under-Deliver
2019: Consolidate & Ship
2020: Lift & Refine for Adoption
2021: Frenzy...
Hot take:
ETC 51% attack will popularize these types of attacks.
Smaller PoS chains can easily be attacked, too.
Primary target of all 51% attacks are exchanges, so they will start delisting these coins.
Tokens created on platforms like Eth are safe and will become a norm.
@gbslqu it is possible to recognize the (large) risks with $dig while also being able to tell the difference between two separate companies. im sorry you lost money on this coin.
@gbslqu cant verify the accuracy of the numbers from the screenshot but....thats not the same company that is lending arb the 250 million to keep acquiring gold.
@azbill_brandon not enough people talking about the $250 million line of credit SION has offered Arbitrade to continue the purchases (while Arb is ramping up w/o revenue). A business partner is lending the company enough $$$ to buy gold that would cover 7 years worth of gold redemptions. $dig
For perspective, this is roughly the size of each of those gold bars (worth around 41,700 USD each). Picture shows 20 bars, worth about $834K.
https://t.co/vEExue23QL
$DIG