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Great article by @LinusEkenstam
https://t.co/radOxucxgo
Every decade or so, the same banks fail. We keep them alive, then repeat. More costly each time.
Meanwhile, it is incredibly difficult for new banks (to be approved) to enter the market to compete. New banks are also required to operate in exactly the same way as the old failing ones.
Free market? 🤷♂️
A key bear argument is gone!
❌"this time is different, because bitcoin has only seen QE (in 2009-2022), and central banks have now stopped QE and started tapering (QT)"
Well, QE is back .. and here to stay.
@Vodafone_B2B I lost more than 2 weeks with your support. We didn't get your Hotline queue and hung you up. I was promised tor a callback, never happened. Is this a joke?
1/ Exciting news! Quantum has successfully launched on TestNet! 🚀
We’re so excited for the @defichain community to test it out!
Test out Quantum here ➡️ https://t.co/xRUCx11fdd
@Daniel48573586 @DanielZirkel 1/2 The $dfi to burn come from unused block rewards. Means we increase the per block minted dfi.
This will increas the infletion of the coin. More new dfi will be minted then before.
The new part will directly be sold agains dusd. So dusd price will go up bit dfi down.
1/ I found evidence that FTX might have provided a massive bailout for Alameda in Q2 which now came back to haunt them.
40 days ago, 173 million FTT tokens worth over 4B USD became active on-chain.
A rabbit hole appeared 🧵👇
@DanielZirkel Thanks, not that great. Means currently there is no Mechanismus in place to reduce the algo dUSD. May the Burnbot will fix it, future needs to tell.
Can I somehow see how many looped dUSD are around?
@DanielZirkel
I just checked out your great DefiChain Analytics Dashboard! Thanks for that. I was checking the state of dUSD / Algo.
Do I understand this Chart correct, that the Algo-dUSD's are increasing?
Source: https://t.co/YCcBM26uJ8