Now we're up on @elixir_launcher, a gaming launcher for PC games with a focus on web3⚡️
Don't forget to sign up for the playtest to be among the first to check out our game!
Honkai: Star Rail Version 1.6 - "Crown of the Mundane and Divine" is now available!
Explore with Ruan Mei, check in to receive 10-pulls, and get Dr. Ratio for free from January 17.
#Bitcoin made its way and alts are following.
CT is flooded with "coins you MUST buy" making you doubt your investment choices.
They will make you constantly FOMO and constantly switch between the coins you hold.
Sounds familiar?
Ignore the noise and focus on fundamentals.
Principled Bitcoiners should be familiar with @THORChain
It is the *only market* to trade #Bitcoin at scale without an intermediary... which is the entire point of Bitcoin.
>$200m of native non-wrapped BTC was traded here in the past 24 hrs, permissionlessly.
If you'd like to learn about this infernal machine, here's a piece I wrote:
https://t.co/dFYAKFDgFN
Having traded well over a decade, it's difficult to admit it, but we got this one wrong on #Bitcoin
I'm still not convinced we've got the legs for a full swing bull market, but I must share my respect to those who expected a break above $31K and stuck to their convictions 🤝🫡
Roughly half of all Treasuries outstanding today will mature by the end of 2025.
The current average interest rate on federal debt is 2.6%.
The current prevailing interest rate is over 5%.
If nothing changes, the US government will be forced to refinance this debt at roughly double the current rate, taking interest expense from 14% of federal tax revenue to 29%, or a whopping 22% of total outlays.
This is why I’ve been saying that the Fed’s higher for longer mantra is a complete bluff. Other governments around the world are tripping over each other to cut rates and print money because they can see the writing on the wall.
Rates will need to come down rapidly or the US government would have to raise taxes and cut spending aggressively but we all know that won’t happen.
So, we’re back in the same place. Debt, deficits, and monetary debasement. It’s a virtual certainty.
You might want to get some Bitcoin in case it catches on.