Exploring government regulation in the crypto space | Passionate about policy & blockchain innovation | Seeking opportunities in the field
Highlights...
If anyone wants to check out some of the blogs i have written you can here. https://t.co/VOfQRyjw82
I am also going to be publishing more blogs if anyone would like a read and wants to stay up to date all things crypto and the UK.
Regulation in the cryptocurrency space is needed for:
1. Boosting Consumer Confidence. Make P-2-P txs safe and more reliable.
2.Combat illicit activities: Prevent money laundering and fraud.
3.Stabilise the market: Reduce the amount crime we are seeing.
With the amount of crime that has happened recently in the space regulation will have to come. Institutions, insiders all taking advantage of people is setting this space back further but if the correct people keep building and pushing there is no reason crypto wont be the future
4. To Fuel Innovation: Attract investment, create jobs and foster technological advancement.
5. Enhance Market Integrity: Create a level playing field for all.
Some stats on @AbstractChain streaming 10 days into launch:
- 200k chats sent
- 100k viewers
- 20k hours streamed
- 40k streamer applications
Fantastic start, but this is only the beginning.
More changes coming soon to make streaming even better.
I truly believe that trading crypto is the best training for anyone looking to get into finance/investing.
It's like playing a video game on legendary difficulty, every other mode feels easy in comparison.
You learn so much about market dynamics, investor psychology, how to research, how to manage emotions, how capitalism works, how macro trends affect markets etc. etc.
Literally multiple university degrees worth of knowledge each cycle.
Crypto is all about narratives, and today, Internet Public offerings, or Internet Capital Markets, is taking the space by storm
$JellyJelly hit $above $150m market cap in an hour
What is it?
Well, the co-founder of Venmo, @lessin, decided to simply launch a token rather than raising capital, and used Pump Dot Fun to do so
This comes days after the founder of Vine launched $VINE
Things are about to get crazier…
synth has teams integrating apis for price forecasting data into agents on the following chains
@modenetwork 5x
@solana 3x
@base 2x
@ethereum 1x
from what i have seen
mode and base teams have the best defi knowledge
but sol teams are much more responsive + aggressive with follow ups + seem to ship fastest
https://t.co/hzU5RM7VI0
Announcing The Stargate Project
The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world. This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies.
The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman.
Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners. The buildout is currently underway, starting in Texas, and we are evaluating potential sites across the country for more campuses as we finalize definitive agreements.
As part of Stargate, Oracle, NVIDIA, and OpenAI will closely collaborate to build and operate this computing system. This builds on a deep collaboration between OpenAI and NVIDIA going back to 2016 and a newer partnership between OpenAI and Oracle.
This also builds on the existing OpenAI partnership with Microsoft. OpenAI will continue to increase its consumption of Azure as OpenAI continues its work with Microsoft with this additional compute to train leading models and deliver great products and services.
All of us look forward to continuing to build and develop AI—and in particular AGI—for the benefit of all of humanity. We believe that this new step is critical on the path, and will enable creative people to figure out how to use AI to elevate humanity.
The Trump coin is heavily manipulated by bots, and the Melania coin is too, it's the same playbook, that's why I bought it. Crime is legal now and I'm adjusting with the market
This team of insiders knows what they are doing. They brought over $200M of Sol liquidity to the table and are constantly selling and buying with a bot network. There has never been a coin like this. You are all impressed with million dollar buys and sells but it's mostly the insiders bots throwing the same money around, wash trading and market making in such a way the price goes up, they control the majority of the volume and thus the price, they can ease up on the sell pressure whenever they want and raise the price. It's not organic buying interest causing this coin to break memecoin records, it's a fortune of Sol liquidity being thrown around by insiders
I remain unimpressed with rise of the Trump coin because of it's supply control and price manipulation, but I think it will continue to work, so I've increased my position in Trump and bought Melania
None of this is financial advice, only buy memecoins with money that you can afford to lose