@PeterSchiff An email saying you have gold is not the same as having gold. You might as well have crypto.
Money is just data that allows us to avoid the inconvenience of barter.
That data, like all data, is subject to latency & error. The system will evolve to that which minimizes both.
Bitcoin Billionaire @TimDraper says "I'm actually just buying more [Bitcoin]... I have no interest in ever selling my #Bitcoin for dollars. Why would I take the currency of the future and sell it for the currency of the past?"
Hey community! 1inch is thrilled to list @Opium_Network's OPIUM, one of the hottest 🔥🔥🔥 tokens in the DeFi space right now! Opium's most recent breakthrough product is collateralized debt obligations (CDOs) for Compound Finance's automated lending markets. 🚀🚀🚀
#1inch#DeFi
$btc $btcusd #BTC
While $btc went only UP since March 2020 crash, $btc exchanges reserves (orange) are *still* decreasing.
Stablecoins exchanges reserve (purple) are at all time high.
And we have a touch down! A full on-chain SOPR reset.
Coins moving between investors per hour (24h MA) no longer carry profit on average.
To push SOPR lower, investors would have to be willing to sell at a loss.
Data source: @glassnode
1inch partners with SnowSwap ☃️
We’re happy to announce that @1inchExchange will integrate SnowSwap allowing you to get access to yVault Curve & USD, wrapped BTC & ETH2 pools directly on 1inch routing via SnowSwap ❄️
Happy swapping!
No directional bias, but keep in mind that sentiment hasn't been this poor since pre-election jitters.
— Macro crowd re-hashing old Tether fears
— Guggenheim talking the market down to its bids
— Collapsed GBTC premium, quarterly/monthly/weekly basis
— Plenty of put buying