mkn⚡️

GCash | Web3 | #Bitcoin

[👁 @3ye]

doing a 0.5 SOL giveaway to grow in this space and interact with more people

follow, like, retweet and drop your @solana address below.

winner in 6 hours.

if this works how i saw at others posts i will do one giveaway every few days

[mkn⚡️ @TheMarkKevin]

@ebichan0129 What’s your build?

[mkn⚡️ @TheMarkKevin]

@MakatiTraffic Thank you 🙏

[mkn⚡️ @TheMarkKevin]

@MakatiTraffic is coding suspended today? Thank you

[mkn⚡️ @TheMarkKevin]

@Renz_SOVRUN @SovrunOfficial Congrats!!

[Ray Dalio @RayDalio]

https://t.co/3axXP2mPHg

[Ray Dalio @RayDalio]

The Consequences of Liberation Day

Following up on my post below from earlier this week, now that we see yesterday's tariff announcements, it appears to me that the first order consequences of them will be significantly stagflationary in the U.S. and significantly deflationary/recessionary in sanctioned countries. As for the second order consequences, we will see other countries' responses, significant policy changes in all countries to try to negate these undesired effects with policy tools at their disposal (most importantly via their monetary and fiscal policies). I also think negotiations and changes in what the U.S. policies will end up being will come as second order consequences. For example, we have seen reciprocal tariffs by China (which if enacted and followed by other countries will have huge effects), and, as I mentioned in my earlier article, I can imagine negotiations taking place over a China-U.S. deal to strengthen China’s RMB relative to the USD in exchange for some trade relief. If that were to happen, it would be more deflationary and depressing for China, which in turn would need to lead to an easier monetary and/or fiscal policy in China. You get the picture. We have in store many big surprises and changes ahead.

To reiterate what is clear in any case and should be kept in mind is that…

…1) the production, trade, and capital imbalances (most importantly the debts) must come down one way or another, because they are dangerously unsustainable for monetary, economic, and geopolitical reasons (so the current monetary, economic, and geopolitical orders must change in big ways)…

…2) they will likely come with abrupt, unconventional changes (like those I describe in my new book How Countries Go Broke: The Big Cycle) and…

…3) the longer term monetary, political, and geopolitical effects will depend mostly on the trust in the quality of the debt and capital markets as a safe store-hold of wealth, countries' productivity levels, and the political systems that make countries attractive places to live, work, and invest.

Speaking of balance, I hope that your portfolio is balanced in the ways that I won’t digress deeply into here but have described previously in my books (i.e., across asset classes and geographies in an uncorrelated way and informed by which assets do well in different inflationary and growth environments). Expect the ride ahead to produce some very big tests and shakeouts that will be great tests of investors’ skills as the critically important monetary, domestic political, and international geopolitical orders are breaking down. Frankly, I look forward to this challenge as it is during such challenging times in the game that the opportunities make a big difference and distinguish oneself are the greatest.

The views expressed in this article are mine and not necessarily Bridgewater’s.

[Casey Taylor @casatay]

🚨 Bybit just delivered a masterclass in crisis communications after experiencing the largest hack in crypto history. The situation is still live, but they’ve already succeeded in calming markets.

It’s a teachable moment for the rest of us. Here’s what they did right—and why it matters. 🧵👇

[mkn⚡️ @TheMarkKevin]

#PAWSMAS COMING! 🐾

[a16z crypto @a16zcrypto]

We’ve just released our latest State of Crypto report.

It shares insights on key trends — like stablecoins, L2s, and AI — plus, crypto’s rise as a hot policy issue, new data on builders and users, and much more.

Full report: https://t.co/OVasX3gvAu

Here are 7 top takeaways ⬇️

[mkn⚡️ @TheMarkKevin]

@Renz_BDAO @gigrewards @BreederDAO @YGGPilipinas @eden_holdings Congrats @Renz_BDAO and @BreederDAO 👏

[BitPinas @bitpinas]

🎉 NOW LIVE: @bitpinas' @mmichaels_21 together with @helloluis @gcashofficial and @vincejt of @pdaxph interview @RegenRene of @Celo! https://t.co/zTMM9coHWm

[mkn⚡️ @TheMarkKevin]

@KCMontero @bitpinas @museigen_io @gcashofficial @helloluis @titovlogs77 @Crypto4chun I’ll send you an invite to our next event!

[mkn⚡️ @TheMarkKevin]

@PolMedinaJr Hi sir Pol this is Mark Nunez from GCash would like to know how to best reach out for a potential collab :) thank you

[mkn⚡️ @TheMarkKevin]

Gm @PolMedinaJr this is Mark Nunez from GCash- Head of Digital Collectibles. I wanted to reach out for a potential collab. Please let me know the best way to reach you

[mkn⚡️ @TheMarkKevin]

@Renz_BDAO Congrats @Renz_BDAO and team 👏

[Brian Armstrong @brian_armstrong]

A few thoughts on our Q4 Earnings yesterday:

2023 was a great year for Coinbase and we’re in a strong financial position. We cut costs by 45% y/y and shipped products faster with a leaner team driving $95 million of positive net income for 2023, $964 million in positive Adj. EBITDA, and total revenue of $3.1B.

We launched the Coinbase International Exchange, derivatives products, the Layer 2 Base which is helping blockchains scale, and played a key role in the Bitcoin ETF approvals as the custodian for 8 of 11 ETF issuers.

Tradfi is adopting crypto and this is great for Coinbase. Bitcoin ETFs are now the second largest commodity ETFs in the U.S. (behind gold), and we custody around 90% of the ~$37B in Bitcoin ETF assets. We've seen net inflows across our retail & institutional products since the ETFs launched (i.e. no cannibalization).

In 2024 we'll focus on growing trading fee revenue with international expansion and derivatives. We'll also focus on driving utility in crypto with payments (for instance, you can now send USDC instantly for free on Base) and by developing Coinbase Wallet into an onchain superapp. Finally, we'll keep driving regulatory clarity for crypto via the courts, https://t.co/7Pqa8n17D9, SuperPac contributions, and encouraging legislation in DC.

We're in a strong financial position, our long term focus on compliance has proved to be right vs competition, and we're well positioned to help accelerate crypto adoption, updating the global financial system.

You can mint the $COIN earnings NFT in this post here: https://t.co/iRLVnTRXdX

[mkn⚡️ @TheMarkKevin]

@myrtleology @gcashofficial @blocktides Thanks for joining us @myrtleology to more collabs soon!!

[BitPinas @bitpinas]

🎨 GCrypto, Likha Unveil Apldeap x Bitto NFT Collection https://t.co/3tJKKwNOwm

Agents of Peace and Love: Apl x Bitto is a charity event where art meets innovation at the Apl x Bitto Phygital Art Launch – an event featuring the works of these two renowned artists.

[mkn⚡️ @TheMarkKevin]

@jbondwagon hi Jbond! Wanted to invite you guys to our event wanted to ask for your tg can send more details. Gm!