The idea that crypto was “easy” back then is crazy.
First, you had to make sure you didn’t have funds on Cryptopia, because one day they could just shut the exchange down.
Then you had to survive the P&Ds from McAfee, OG scammers, and fight your own greed.
Then came the ICO era, where you had to find the few gems while 99% of projects went straight to zero within days.
After that, you had to survive years of bear market and the COVID crash.
Then FTX happened. You had to make sure your funds weren’t there when that mf decided to gamble with users’ money.
And even if you survived all of that, you could still lose everything on LUNA, the alt of that cycle. 6 figs went to a few cents.
People remember the gains. They forget how many times you could have lost it all.
JAPAN OFFICIALLY ADVANCES LAW TO CLASSIFY #BITCOIN AND CRYPTO AS A FINANCIAL ASSET
WIDESPREAD BTC ETFs AND LOWER TAXES ARE COMING TO THE WORLD'S 4th LARGEST ECONOMY
Japan may have spent $87 BILLION defending the yen in just 2 days, marking the largest intervention in history.
BOJ data suggests authorities deployed about ¥8.45 trillion ($52.8B) on Thursday, followed by another ¥5.33 trillion ($34B) on Friday, per Bloomberg.
DO OR DIE WEEK FOR CLARITY ACT
🇺🇸 Senate has already excluded the Clarity Act from today's floor calendar.
This leaves 4 days remaining before the August recess.
If Clarity doesn't pass this week, it probably won't pass this year.
Instead, Strategy left the payout unchanged.
The decision suggests the company isn't rushing to make the shares more attractive and is comfortable with current demand.
Michael Saylor's Strategy has kept the dividend on its STRC preferred shares unchanged at 12%.
Many investors were expecting an increase after the stock traded below its $100 par value.