Ethereum co-founder @VitalikButerin and fellow cryptocurrency legend @balajis have donated to a fund set up by Indian tech founder @sandeepnailwal to help provide relief to COVID-19 ravaged India.
by @KReyofCoinDesk
https://t.co/ccgf0ti0wW
Right now my favorite token model is OMG-style staking tokens. Reasons:
* Not a medium-of-exchange token
* Clear valuation model (expected discounted future tx fees minus node operation cost)
* Requires running node to get returns, not passive income (so more legally defensible)
Evolution of banker outlook on #bitcoin:
2013: "Bitcoin is a joke."
2014: "Bitcoin is dead."
2015: "Blockchains not Bitcoin."
2016: "Bitcoin will fail"
2017: "BITCOIN IS GOING TO CRASH THE GLOBAL ECONOMY"
🤔 https://t.co/QgauNIuK1o
Here is a chart of the United States nominal GDP. Whenever you see doomsday charts showing how [insert economic statistic here] is skyrocketing out of control, it's usually a good idea to first divide that chart by this before making your judgement.