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That concludes my breakdown of the RWA sector.
As more quality projects emerge, I'll keep you updated with what I find (follow me @milesdeutscher to stay in the loop).
If you found it helpful, also Like/Repost the quote below if you can. 💙
Bitcoin - 2 ways to think about this:
A way to frame this is that we were all Seed investors (pre-2011 vintage), Series A investors in 2012, Series B in 2015, Series C in 2019, and Series D in 2023, and it is just about to IPO.
Then, like in the mid-1990s, we get to see the demand from retail and institutions. Back then, the first few days around the actual IPO were weird, often corrected or gyrated as people took profits on their allocations and then ripped higher as new demand came in (people who didn't get in pre-IPO)
It's weird to talk about something so revolutionary as BTC like this. The comment is more about the process of mass adoption than thinking it truly needs the authority's stamp of approval. It would have continued to get adopted in any event...
I actually think of the ETF more as a trade deal between Fiat World and Crypto Land.
The impact of the WTO on China sucked in an enormous amount of global capital and transformed China from an emerging market to the second-largest economy on earth.
This is the start of the next phase. Bitcoin just got into the WTO.
Well done everyone. Now be patient and let the game play out. #DFTU
Remember:
No leverage
No FOMO
Top 3 to 5 assets as main bag
Self-custody (or multi-sig) with good wallet hygiene
Only trade a small Degen bag <10%
HODL over a longer time horizon
Zoom out and remove the noise
Expect 35% pullbacks frequently
BTFD if you can
#DFTU
Question: Is it yet possible for open-source AI models to be encrypted and stored on the Bitcoin blockchain or another?
Feels like that is the one chance we have of not allowing AI models to get censured and open to all.