@TheCryptoLark sure man.
Why did you never communicate when you sold a token that you promoted to your followers?
This response (with 0 apology) is just you saying
“Guys, sELliNg (dumping on your followers), is normal! And when I said tweeted to buy I meant only buy when it’s going up!”
@imsteviesells do you think it’s because you already have good business skills that you think you’d make 5k mo flipping?
or is it just that easy that anyone can make 5k mo off the bat?
hey @mert genuine question on solana
previously disliked it due to centralization, block sizes, and outages but been warming up due to hearing out VCs and founders on the pros.
after real use case/products are made outside of defi, why should founders choose solana over eth avax etc to build mass adoption products?
would (from what i see) more centralized blockchain infrastructure like solana offer any advantage over other chains for users looking for trustless self custody on blockchains? Any advantage solana has is just mitigated by L2s eventually, no?
more playing devils advocate. i already have some answers to this but would like to hear from someone much more educated on it
@balajis is making a $1M bet against 1 BTC ($27K), ~40:1 odds.
That in JUST 90 DAYS the USD will enter hyperinflation (at least mid-high double digit inflation).
Do you think he is right?
I personally think he is right about his original thesis. USD, eventually within the next couple years, will enter some kind of even higher inflation simply due to the trillions in increasing supply right now.
For this particular bet though, @balajis is taking a big gamble on predicting “how fast” and “how much” by quantifying it to within 90 days, and also gambling that all of society will switch currencies to BTC within that time.
Historically, with any economic event, it is extremely difficult to predict those factors with hyper precision as the case is in this bet.
I think there’s a high chance this is engagement farming sensationalism done on a bigger scale rather than a serious bet, although time will tell.
I will take that bet.
You buy 1 BTC.
I will send $1M USD.
This is ~40:1 odds as 1 BTC is worth ~$26k.
The term is 90 days.
All we need is a mutually agreed custodian who will still be there to settle this in the event of digital dollar devaluation.
If someone knows how to do this with a smart contract, we can do it on chain, so I can send USDC.
If you won't do that, name a custodian.
#BitSignal
@rizzy_multi @mert would be too centralized. what happens if those countries all become anti-crypto? if 1 of the 5 currencies failed?
USD is fine, it's more just how to back it without using centralized entities (like banks) and instead collateralize it on the blockchain in a near 0-risk way
obv get the joke here but nothing here is actual crypto
these are all centralized entities doing centralized things. emulating banks from the 1800s when there wasn’t any regulation doing whatever they want with money until they fuck themselves.
real crypto is doing just fine. defi still holding $44b+ TVL, bank-run proof, real yield, etc. all actual decentralized blockchains have 100% uptime, 0 withdrawal halts, 0 limits/fees/issues etc.
i think it’s more impressive and makes a utility case for crypto that despite it being hit by regulations, dying retail interest, third-part financial collapse, scams and more all actual blockchain products are still operating perfectly.
obv get the joke here but nothing here is actual crypto
these are all centralized entities doing centralized things. emulating banks from the 1800s when there wasn’t any regulation doing whatever they want with money until they fuck themselves.
real crypto is doing just fine. defi still holding $44b+ TVL, bank-run proof, real yield, etc. all actual decentralized blockchains have 100% uptime, 0 withdrawal halts, 0 limits/fees/issues etc.
i think it’s more impressive and makes a utility case for crypto that despite it being hit by regulations, dying retail interest, third-part financial collapse, scams and more all actual blockchain products are still operating perfectly.
@mert i wouldn’t consider this a real-world problem, more helping solve crypto investing
@zem_finance all in one platform for index tokens. makes investing in crypto or specific industries easier for retail and institutions with tokens backed by actively managed portfolios
@JoshJoslin pretty sure it was all accounts given cz tweet. even if it was only fake accs most headlines/news r saying all accounts which def would've been more than -2% in old bull run https://t.co/UAfixBCwbg
Users will be compensated for any loss incurred due to the force close of positions. Protecting users is #1 priority @Binance.
We will review the situation and see if/when we can re-open futures offerings in Australia. Thank you for your understanding, & please ignore FUD (4).
@itzjoshuajake nice thread.
would add to ofc be smart with where you pick your niche with content. i.e. making certain types of finance/crypto content rn won’t do as well due to dying retail interest
important to be smart with what you pick and be good at it