@jonah_b I would be convinced if NY made plans to restructure city planning based on these new efficiency gains. Roads should take up less space, and we can build more housing, more public walking spaces. Unfortunately, that's not very likely to happen.
why a separate token if Arc runs on stablecoins?
because money and governance shouldn't be the same instrument. you wouldn't use a dollar to vote on monetary policy.
Arc = chain. stablecoins = money. ARC = coordination.
60% ecosystem, 15% long term reserve. 12 pages of goodness
Circle 🤝 @Lighter_xyz
Circle has partnered with Lighter to make USDC the default and preferred stablecoin across Lighter’s products.
This includes:
→ Spot and perpetual trading
→ Settlement
→ Liquidations
→ Onboarding flows
As onchain markets scale, trusted dollar infrastructure becomes core market infrastructure.
Circle Wrapped Bitcoin is coming.
Backed 1:1 by BTC and readily verifiable onchain, cirBTC is being built to work seamlessly with Circle infrastructure and the broader DeFi ecosystem.
Learn more: https://t.co/wWzVBZdIz1
hey @sidshekhar24 great app. some user feedback
Would like to see answers factor in resolution date (time decay), recent price (odds) changes, and also pull most current info from web/ other sources that impacts decision making.
E.g. saying McCaffrey is massively overpriced at 96% for top RB.. citing potential for injury, competition, etc. that would be OK assumption if the season began today, but there's one game left in the season.
Another example: NFL MVP. The odds for Maye just jumped recently massively in his favor, with the Rams losing yesterday. But Gina saying Maye is overvalued bc he's just a rookie and the team is in rebuilding mode.
answer feels like its coming from a perspective of the market just opened today, the season hasn't started, and hasn't picked up on recent price changes.
This is another problem with crypto payments. Short term, using a CEX avoids it (but the CEX will have that info). Long term, need a proper privacy solution.
the right analogy for stablecoins is starlink for money
starlink brings billions online for the first time // stablecoins bring billions into a flat, egalitarian financial system + give billions first time access to USD
the utility of both is not that apparent if you have great infrastructure already, but it's still pretty handy for redundancy in developed world + essential in markets where infra is lacking
both are totally independent parallel infrastructure that reimagine how things could be done. no reliance on old infra
starlink for money