“Se você quiser descobrir os segredos do Universo, pense em termos de energia, frequência e vibração” Nikola Tesla.
Minhas reflexões ultimamente estão orbitando em torno de EFICIÊNCIA ENERGÉTICA...
Sometimes this is why the industry is not taken seriously: we always go backward doing what lets us down.
@krakenfx launching Bitcoin Vaults, is not healthy for this industry.
You cannot and should not trust a centralized exchange with your BTC. Period.
They always rehypothecate your BTC
If you want FTX-sh!t like Bitcoin Lending again then use this.
If you care about your bitcoin:native then exit centralized Bitcoin vaults.
I prefer @HermeticaFi hBTC vault with complete on-chain transparency.
Big fan of STX, but let's be realistic. Green line shows all time low of 0.04 cents, red line is 0.
Ever since January STX has been in a downward channel, making a 80.95% YTD drop in value.
Now if given current market action we really start entering a bear market and BTC drops to 60k, or 40k, it's pretty reasonable to expect STX dropping to at least 15 cents, or even lower.
I talked to a few other people a few days back and we discussed what could save STX. In reality, the double-staking initiative was a good idea, but the user base is way too low to pump, or at least stabilize STX market-action.
STX is transitioning into a gas token, something I have been mentioning ever since sBTC came out. On top of that with all the staking going on there is even more sell pressure on the token.
Nobody is really communicating major potential milestones and the current roadmap doesn't include any points that could be considered giving STX any buy pressure in near future.
What we need urgently is a clear plan from @muneeb and @alexlmiller on how to make STX more relevant.
sBTC was a great idea, but it's turning into a Trojan horse, and unless something changes quickly we will see Stacks soon sub 20 cents again.
I would love to explore options focused on (real) privacy in addition to token-buybacks and burns, because unless some "institutional money" decides to go in with billions there is nothing that can save us now.
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