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People really think it's #bitcoin & not web3. In 5 years BTC will be a cryptopunk. And that's not a bad thing. just more economic activity will take place outside BTC/lightning, as it already does
But remember, absolutely none of us would be here if it weren't for the King
Also b/c this is open & transaparent it becomes a poker game between whales and w 24/7 markets it’s one you better be good at or you can lose it all w heavy leverage. Even the minnows. Which is why if you trade crypto you need to make sure risk/reward is favorable on each trade
Anytime you buy or sell you manipulate price. The diff, in crypto we can see these “manipulations” unlike TradFi. DeFi you can watch liquidations approaching
Truth is whales can always manipulate prices, but it used to be a $1m whale in the past, now you need $100m to move $BTC
10k Twitter followers, 1000+ scholars and almost 50k Discord members 🥳
humanDAO has accelerated at an astonishing rate in 2022 and shown the world what an organisation built on community participation and investment is capable of building.
Quick recap 🧵+ what's next:
So much crypto hate today, must be doing something right. I love how haters are forced to talk about it constantly, unlike before where they could just ignore it
Finance, government, gaming, art, computation, everything. It has gone mainstream by having better incentives
@RyanSAdams Also I don’t get this Gensler quote. There is a major reason…b/c you can’t stop the buyer or issuer anymore b/c these assets are on a open permissionless blockchain. When it all went through banks you had control. No longer, thus new regs/laws are required
@tend_sweet@RealAZKicks@GeoffreyHuntley How is this not obvious. The authenticity papers prove it’s the real one. And art is subjective anyway, so if people are willing to pay for your jpeg than it is clearly not worthless
What a fragile little baby doll Taleb has become. No one can challenge his bad takes. Wonder how BTC performed since COVID started? What has performed better? Nothing outside of crypto. The cognitive bias of no coiners is a sight to behold
Jack’s resignation letter. Now Twitter doesn’t have the roadblock that is Jack & will incorporate ethereum/crypto related add ons/integration. Something that should have started & can w no more maxi at the helm. Twitter will stand out from the web2 social media crowd of crap