iris

[iris @iirischau]

The bottom line is, if you're looking to invest in cryptocurrency, do your research and consider all your options. Don't get caught up in the hype and end up paying exorbitant fees.💡

[iris @iirischau]

💰I just paid $2.99 in fees to purchase $100 of Ethereum on @coinbase and now I'm wondering how it's acceptable in 2023. Even with their premium subscription, you're still paying a significant percentage of your monthly investment in fees.

[iris @iirischau]

Robinhood, for instance, offers free trades and transfers. And unless you're using Coinbase's premium subscription and making large deposits every month, it doesn't make sense to use their platform for stable coin returns or staking programs.

[iris @iirischau]

Root Network's multitoken economy aims to solve issues around:

•High gas fees

•Limited node participation

•Poor liquidity

[iris @iirischau]

@TheRootNetwork's fresh take on multitoken economies

The Root Network has created a unique multi-token economy that solves key issues in blockchain:

[iris @iirischau]

By separating responsibilities:

•$ROOT focuses node operators on security

•$GAS incentives promote scaling

•Multiple tokens bring liquidity and enhance the onboarding experience

•Developers and validators benefit the network and are rewarded.

[iris @iirischau]

🌟 Diversification and future-proofing: Executives might view crypto as a means to diversify their skill set and future-proof their careers in a rapidly evolving digital landscape. #Blockchain #DigitalFinance
🧵7/7

[iris @iirischau]

📈🤔 What prompts #TradFi executives to switch to the cryptocurrency and blockchain industry? @DeutscheBank and @BlackRock are recent examples. Let's explore some possible factors:
🧵1/7

[iris @iirischau]

📝 Regulatory challenges: While crypto also faces regulations, it offers a more flexible environment for experimentation and growth compared to traditional finance.
🧵6/7

[iris @iirischau]

🧵7: Deutsche Bank's foray into crypto custody is another sign that the industry is becoming more mainstream 🌟. It's encouraging to see traditional financial institutions recognize the value of crypto and get involved. #cryptoindustry #mainstream

[iris @iirischau]

🧵1: Hi everyone, I got some exciting #crypto news to share today! In this thread, we'll be discussing Bitcoin investor behavior, BlackRock and Bitwise's Bitcoin ETF filings, and Deutsche Bank's crypto custody license in Germany 🚀. #frist thread

[iris @iirischau]

🧵6: BlackRock and Bitwise's Bitcoin ETF filings could pave the way for more institutional investors to enter the crypto space. This could lead to more mainstream adoption and higher prices for Bitcoin 🚀. #institutionalinvestors #BitcoinETF