Crypto Network State

CNS is a place to find info and news about crypto, the global economy, politics and social transformation, seasoned with some satire and memes.
#Bitcoin

[Crypto Network State @CryptoNetState]

Unpopular opinion?
#Bitcoin #cryptocurrency #Traders #Crypto

[Crypto Network State @CryptoNetState]

First they ignore you.
Then they ridicule you.
And then they attack you and want to burn you.
And then they apply for an ETF with the US SEC.
#Cryptocurency #Bitcoin #BitcoinETF

[Crypto Network State @CryptoNetState]

Gensler villain arc
#Bitcoin #cryptocrash #cryptocurrency #CryptoTwitter

[Balaji @balajis]

Incompetent centralized control is why we have lots of nuclear weapons but not lots of nuclear energy.

[Crypto Network State @CryptoNetState]

Ode to #Bitcoin
https://t.co/8nkMozAqcT
#Crypto #Traders #freedom

[Balaji @balajis]

Introducing the Network State Podcast.

The first episode features me and @VitalikButerin. We talk about starting new countries, upgrading Ethereum, and improving yourself!

[Crypto Network State @CryptoNetState]

Safe Travel

A well-trodden path
If you carefully read its history
Your journey's end is clear

#Bitcoin #crypto #trading #poem #Motivation

[Crypto Network State @CryptoNetState]

The January Manufacturing PMI registered 47.4%, one percentage point lower than the seasonally adjusted 48.4% recorded in December. Regarding the overall economy, this figure indicates a second month of contraction after 30 months of expansion.
#Bitcoin #Macro #Traders

[Crypto Network State @CryptoNetState]

The ISM Manufacturing PMI report is out, and it tells us the economic activity in the manufacturing sector contracted in January for the third consecutive month following 28 months of growth.
#Bitcoin #Macro #Traders

[Crypto Network State @CryptoNetState]

A good trade is one that agrees with your World View, your Industry View, and your Stock view, is technically behaving in your favor and the price action agrees with your analysis. A potentially good trade is not just what you think is a good idea.

#Bitcoin #Traders #quote

[Crypto Network State @CryptoNetState]

A good idea might end up being a bad trade.
A bad idea will usually end up being a bad trade.

#Bitcoin #Crypto #altcoins #Trader

[Crypto Network State @CryptoNetState]

The vast majority of the time, the market is right. If you argue, you are saying the market is wrong and that you know something that the market does not. Not participating is as valid an option as participating.

#Bitcoin #BULLISH #Traders

[Crypto Network State @CryptoNetState]

"Markets can stay irrational longer than
you can stay solvent."
- John Maynard Keynes 1930.

#Bitcoin #traders #bullish #quote

[Crypto Network State @CryptoNetState]

The #Bitcoin Mountain

Peaks in the clouds
An endless path of hills and slopes
Persistence and awareness bring success
#crypto #poetry

[Crypto Network State @CryptoNetState]

Trading haiku
The ever-burning flame of a candle
In moments of passion, it burns stronger, in moments of fear it burns weak
You'll get burned if you don't understand the game
#Bitcoin #trade #haiku

[Crypto Network State @CryptoNetState]

Why are we finding out about things like this and Signature bank over Bloomberg? @CZ_Binance @Binance calls for transparency yet often Binance is caught in a dubious ways of dealing with their users. #Bitcoin #crypto #BNB #BUSD #transparency https://t.co/JV2ByL22De

[Crypto Network State @CryptoNetState]

@Binance @CZ_binance - Binance Holdings Ltd. acknowledged that it mistakenly keeps collateral for some of the tokens it issues in the same wallet as exchange customer funds. #Bitcoin #crypto #BNB #BUSD - Thread 🧵1/8
source: E. Nicolle, January, 2023.; https://t.co/ZjhfEyx7sg

[Crypto Network State @CryptoNetState]

8/8) which saw the Binance-peg version left with more than $1 billion in missing assets on several occasions — an error that could now be attributed to the exchange having misidentified the correct collateral wallets

[Crypto Network State @CryptoNetState]

@Binance @CZ_binance - Binance Holdings Ltd. acknowledged that it mistakenly keeps collateral for some of the tokens it issues in the same wallet as exchange customer funds. #Bitcoin #crypto #BNB #BUSD - Thread 🧵1/8
source: E. Nicolle, January, 2023.; https://t.co/ZjhfEyx7sg

[Crypto Network State @CryptoNetState]

7/8) Binance previously acknowledged historical issues with insufficient backing for the B-Token of its branded stablecoin BUSD