SEMI-SHOCK: Fidelity launching a spot bitcoin ETF in Canada this week. Didn't know about this. Will easily be the biggest asset manager to date with a bitcoin ETF.
🧊 The quick analysis of Popsicle Finance and supporting price/marketcap targets, for those in a rush
1.Popsicle Finance $ICE is a simple and elegant system which makes it simple to value, or see why the token is substantially undervalued.
Not on holiday yet so I'll allow myself one more thread...
The markets are crazy! NFT are just jpegs! Dog coins! Cat coins! Tesla ! GameStop!
Everyone is going to get burned! Don't they realize about discounted cash flows?!!! These people are ruining everything! Green energy?!
1/ On A Pathway To An Open Metaverse
We are going to make a run at changing the arc of history.
It is a Return of the Jedi vs the Death Star style mission.
They have the money and the power. We mostly have our brains, our community and gm.
But it might be just enough
How brainwashed do you have to be to believe that money that gets more valuable over time is a scam and should be replaced with money that gets less valuable?
If banks had the transparency of defi protocols, we would nott have had the mortgage crisis. Defi will win because it’s better. Atomic settlement. Bearer assets. Composability. Transparency. We just need to solve for kyc which is coming. We need to educate our politicians.
Looks like I was too early dismissing diminishing returns scenario. I fact, this will be the key question next 6 months:
1) Was $64K the top and will we oscillate between $25K-50K?
2) Or was $64K not the top and will the bull market resume towards S2F $100K-288K?
My money is on 2
The good news: #bitcoin is now formally an asset class. It can not be banned or "criminalized".
More good news: this proposal (which has to be converted in capital directives and in local bank law) was written before El Salvador made BTC legal tender. BTC is now just another FX.