Stake For Governance is now live for W token holders!
This is your opportunity to participate in the governance and impact the future direction of the Wormhole DAO and platform.
Get started now at the @tallyxyz Governance Portal: https://t.co/U8QJdt84YX
I AM NOT SELLING!
Snagging some #Bitcoin right now,
Feels just like grabbing it at $4.4K.
Here’s the scoop:
$4.4K → $66K = +1400%
$66K → $1M = +1400%
To average out to 4.4K,
You had to jump in before 2017, spanning 6-8 years,
That puts us in 2032, 6-8 years ahead,
when hitting 1M might actually seem likely,
Sure, buying at $4K and riding to $1M would’ve been sweet, but
"should've, could've, would've"
The potential now looks even more tempting.
You could even say it's safer to get in now than back at 4K.
Play smart, NFA.
@coinmetrika@merkly_com@PrimordialAA@LayerZero_Labs Вадим добрый день , только что подал заявку в группу (раньше был в ней , но про чистке телеграмма случайно удалил) ,а я заблокирован ) видимо подучилось какое-то недоразумение ) @nickprime1(мой ник в телеграм )
#Bitcoin's Acceptance in the Muslim Community,
The Muslim community's stance on Bitcoin has been a subject of dynamic discussions, with increasing signs of positive acceptance.
This shift reflects a deeper understanding of Bitcoin's unique properties and its alignment with Islamic finance principles.
Bitcoin's decentralized framework presents a compelling advantage.
Unlike traditional banking systems,
Bitcoin operates on a blockchain, free from central authority control, resonating with Islamic finance's emphasis on fairness and transparency.
This decentralized aspect, coupled with the use of smart contracts for secure transactions, aligns Bitcoin with key Islamic financial principles,
Scholars have recognized that Bitcoin conforms to key aspects of Islamic finance.
It is free from riba (interest), promotes mashala (social benefits), and supports mudharabah (mutual risk-sharing).
This alignment bolsters the argument for Bitcoin's permissibility within Islamic law,
A notable trend is the growing acceptance of Bitcoin among Islamic scholars.
The Sharia Review Bureau in Bahrain, for instance, has declared investments in Bitcoin as permissible under Sharia law.
This perspective is further supported by the view that societal agreement on Bitcoin's value and acceptability in transactions could pave the way for its wider acceptance in the Islamic community,
Bitcoin's role in charitable practices like Zakat is also noteworthy.
The inclusion of Bitcoin in Zakat calculations, based on its market value, demonstrates its growing recognition as a valid asset class within the Islamic financial system.
The potential for Bitcoin in Islamic banking and finance is vast, though still in its nascent stages.
Its compliance with Islamic finance principles and the growing scholarly acceptance suggest a bright future for Bitcoin in serving the world’s large Muslim population.
Oil money is coming...
🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈
I just had 464 Rainbow Points dropped into my wallet — everybody has at least 100 points waiting for them, but you might have more!
Claim your drop: https://t.co/r1aH80e5I7
🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈
As we approach what appears to be the worst kept secret in blockchain, will the launch of a spot Bitcoin ETF be a “Buy the rumor, sell the news” event?
I share my long explanation in our newly-published Blockchain Letter here: https://t.co/LcJN04ocbX
I'll summarize my thoughts below:
The old Wall Street adage worked literally perfectly in the last two big regulatory announcements in our space:
The day CME futures went live — December 18, 2017 – was the peak at $20k, the price fell 65% immediately and 84% at the ultimate lows.
The day Coinbase listed — April 14, 2021 – $65k, the price fell 54% immediately and 76% at the ultimate lows.
While starting a prediction with “This time is different…” is not usually an auspicious way to begin, I believe it here.
Neither of those events had any impact on real world access to bitcoin.
It was all “Buy the rumor, sell the news.”
Bitcoin futures didn’t open up any significant new pools of investors. They’re only interesting to a very small niche of mainly arbitragers. Not much net new buying.
The Coinbase offering is even more clear. Coinbase’s website worked great when it was privately held. The next day, when it was publicly-owned, the website worked just the same. The change in who owned Coinbase stock did nothing to increase access to bitcoin.
This is different. A BlackRock ETF fundamentally changes access to bitcoin. It will have a huge (positive) impact.
We strongly believe many spot bitcoin ETFs will be approved. We also believe it will happen in a matter of a month or two – not years.
I was at Goldman when they did the GSCI. Now everyone thinks of Commodities as an asset class. In the 90’s I was very active in emerging markets. Now everyone thinks of EM as an asset class. Blockchain will be just like that. The existence of an ETF is a very important step in becoming an asset class. Once an ETF exists, if you don’t have exposure, you’re effectively short.
“Buy the rumor, buy the news.”