Here are the 7 most important pieces to understand the seismic shift happening now in global money.
#1 - The US Dollar is losing its status as the world's reserve currency.
China wants the crown - but another challenger has already won. And nobody realizes it yet. #Bitcoin
@DaveVED_ Imagine you've got both football and soccer refs on the field, but we're actually playing pickleball (fastest growing new sport in America). The refs can't really agree on the rules of this new game, and one of them decides to change a call they made back in April 2021.
@IncomeSharks@coinbase Not sure about this one. Both are on chain-staking on behalf of their customers according to their websites. Of course COIN is going to try and damage control right now.
This is infuriating. The SEC has proven again and again they don't understand crypto, and they don't actually care about the average American investor. The agency needs an overhaul.
Today @SECGov charged Kraken for the unregistered offer & sale of securities thru its staking-as-a-service program.
Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries must provide the proper disclosures & safeguards required by our laws.
Happy birthday beacon chain!
Here's an updated roadmap diagram for where Ethereum protocol development is at and what's coming in what order.
(I'm sure this is missing a lot, as all diagrams are, but it covers a lot of the important stuff!)
1) I'M NOT A REGULATOR, THIS IS NOT LEGAL ADVICE
but:
my current best guess is consistent what @GaryGensler says: that the CFTC will regulate spot + futures for non-security tokens, and the SEC will regulate spot + issuance of tokens that are securities
https://t.co/c96a8Sm5mm
The two big US-based stablecoins have adopted very different approaches to the sanctioning of dozens of Ethereum addresses by the US Treasury's OFAC.
USDC has blacklisted all of them. Paxos, which issues BUSD, hasn't blacklisted a single one.
Which issuer is in the right?
The Los Angeles Police Department's Commercial Crimes Division is aware of a recent social media trend regarding vehicle thefts. Please read the attached Community Alert for more information.
Totally! Also people totally underrate how censorship resistance means much more than global regulatory arbitrage. Particularly, in smart contract platforms, censorship resistance implies a truly open-API system.
@im_goomba I don’t get the “exchanged for fiat”part or why this is bearish. Couldn’t it just be the Treasury burning them to reduce supply? We all know they’re not fully backed. This may be them deflating the bubble a bit.
@Nebraskangooner GMX. Decentralized exchange on both Avalanche and Arbitrum. Low fees, highly customizable leverage options, and growing liquidity. Only potential drawback is limited number of assets to trade.
PoW is the only known way to digitise real world value (energy) WITHOUT trusting someone.
PoS distributes wealth according to the founder's wish. Enough of a stake and you get to control the network.
I think PoS has its place for some applications, but never as hard money.
1/3 This giveaway is a HOOT🦉
We're inspired by the creativity of our community and the #moonbirds flock caught our owl eyes. On May 5th, we'll be giving away 1 @moonbirds#NFT #3382 to a new or existing Gemini + @niftygateway user!
MUST RT this tweet + follow the rules to enter:
OFFICIAL: The @USC_FB Spring Game on Saturday, April 23, will be FREE, open to the public, and will feature a robust fan fest!
Get your tickets at https://t.co/nw8uByj5no and get more info below ⤵️
1/3 🚀Major Giveaway Alert🚀We want to welcome $APE @ApeCoin and its community to Gemini by giving away 1 BAYC #NFT on March 22 to a new or existing Gemini user! 1 winner will be selected on March 22nd, 2022.
MUST retweet this tweet and follow the rules to enter: