Discover and read the best of Twitter Threads about #fiat

Most recents (24)

@CelsiusNetwork - Risk Assessment

- Minimal exp to #UST (Pulled out of #Anchorprotocol early following risk mitigation process)
- No directional exp to #luna
- No forced selling of stETH at discount (withdrawals paused & @Mashinsky stated 'plenty of ETH').

#CelShortSqueeze
1/
ON stETH:
- Current Discount is 5.4% (and closing) on ~$400M-$500M = ~$25M
- Discount represents ~0.25% of $10B in AUM.
- Discount likely has a floor (arbitrageurs/speculators will intervene as PoS date approaches).
- Plenty of FUD online around this low risk exposure.

2/
- Over-collaterized retail lending (no risk)
- Nearly 100% collaterized institutional lending (including potential loans to #3AC directly or indirectly)
- On-chain borrowing is known & public. Liquidation levels have been lowered/loans repaid (situation stabilized)

3/
Read 8 tweets
L’Italia e l’#autoelettrica:

come recuperare il ritardo ed evitare una drammatica #crisi economica e sociale

GB Zorzoli (presidente @AIEE_Italia e comitato scientifico @RivEnergia) sul nuovo trimestrale ENERGIA

🧵
rivistaenergia.it/2022/06/litali…
La configurazione di @Stellantis implica che il futuro dell’indotto auto italiano, con il 20% della produzione esportato in #Germania, dipenderà da decisioni prese da aziende estere.

🧵
rivistaenergia.it/2022/06/litali…
Il governo non può pertanto ritardare ulteriormente il varo di un #pianoAuto per la riconversione produttiva.

🧵
rivistaenergia.it/2022/06/litali…
Read 13 tweets
[#THREAD] 𝗧𝗼𝘂𝘁 𝘀𝗮𝘃𝗼𝗶𝗿 𝘀𝘂𝗿 𝗹𝗲𝘀 #stablecoins

Il s'agit d'un type de crypto qui tente d'apporter de la stabilité à ce marché très volatil.

Je vais volontairement simplifier et les classer en 4 grandes familles

Voyons leurs points forts et leurs points faibles🧵⬇
1. Les stablecoins centralisés:
$USDT $USDC $BUSD $TUSD $GUSD
Ce type de stablecoin est le standard. Le concept est simple, pour 1$ sur la blockchain, il est censé y avoir 1$ dans un compte en banque #Fiat #collateralized

Point fort: Robuste
Point faible: Centralisé Censurable⬇
2. Les algorithmiques: $UST $USDD $IRON $USDN
Ils ne reposent pas sur une réserve en fiat mais sur un mécanisme brûlant ou créant des jetons en fonction du besoin.

Point fort: Transparent / "Décentralisé"
Point faible: Instable / Fragile / Risqué / Repose sur la confiance ⬇
Read 8 tweets
The #crypto wars will diverge into 2 parallel paths-
1) the war for #stablecoin supremacy
2) the war for digital ownership supremacy
The first will be competing for ease and reliability of daily transactions. It will face competition and pressure from its #fiat counterparts.
The second will be competing for digital ownership use cases. And frankly, I don't even know what they will look like.
Read 4 tweets
Weekly Summary - May 4th

Here's another weekly summary for all of my investments. Week-over-week has seem some nasty returns over the last few weeks with this market, but hopefully we'll see a turnaround and some pumps now that we're in May. Check it out!

🧵👇
2/ First is @tombfinance and the returns on $Tshare / $FTM LP. There's A LOT going on with the $Tomb. The LP APR and $Tshare price declined a lot last month, but there is a lot of utility being released this month. April's total however saw an increase from March, so good news! Image
3/ @HectorDAO_HEC continues to be boring, which worked quite well for them during the downtrend. Price is relatively stable. The team is really investing a LOT in the market downturn, which will pay dividends nicely in an upturn. I'm liking how the team is building and investing. Image
Read 17 tweets
For the first time, Valereum's new Bridge Financial Platform will provide a tradeable #NFT on multiple crypto exchanges that will securely link specific fiat listed securities (shares) and listed debt of all kinds - from Alibaba to Zoom and from Chinese debt to US Treasuries.
Purchasers trading a Valereum launched Bridge NFT can be sure it is backed by the underlying security due to the use of the Mattereum Asset Passport. This is a world leading financial innovation to create 24/7/365 digital trading bridging the Crypto world to the fiat world.
The NFT sector is projected to move around $800 billion over next 2 years!
#crypto #cryptocurrency #NFTs #blockchain #adoption #VLRM #NFTcommunity
Read 11 tweets
According to @RayDalio #principles video, war is coming, after "printing money and credit". This is a gold video. however in the previous orders there were no cryptocurrencies, which could alter the overall vision of the cycle. 1/4
@RayDalio In fact, even if the government produces more #money the people who invest in this asset ensure that there is less #FIAT money circulating. This means that even if there should be a #war, to avoid an excessive devaluation of the #dollar, 2/4
@RayDalio there could be an immense capital entering the #crypto world. All this would open the doors to a new elite of people, the "new rich". And this has been noticed by several #millionaires and #billionaires, investing a small portion of their #portfolio in this new #asset 3/4
Read 5 tweets
10 Predictions For Blockchain, Crypto Assets, DeFi, And NFTs For 2022 onwards! @ValereumPLC @FrontierFinance
1. Bitcoin price reaches $100,000 USD & the crypto asset market grows in breadth and depth
2. Ethereum undergoes upgrade & remains the dominant smart contract platform
3. #Crypto investments become more sustainable
Issuers of #ETPs, #crypto #exchanges, mining companies, & financial institutions are interested in offering #green products & services to their customers
4. #Web3 infrastructure paves the way for the decentralization of the internet
5. #NFTs and #blockchain-based gaming become a source of income
It remains exciting to wait for the dawn of the multi-chain world. Once value transfers are seamless across different crypto-universes, this could spur a new wave of adoption, and the NFT and blockchain-based gaming
Read 20 tweets
L’heure du #RevoTips : sécuriser la prescription sur ses opérations relatives aux #cryptomonnaies.

Détenteurs de #cryptos, pensez formaliser au moins une opération de plus-value taxable (régime #PVAN) sur l'année 2021 ! ✍️
(1/10)
En principe, l'administration dispose d'un délai de 3 ans pour contrôler vos revenus #cryptos.

Ce délai peut être étendu à 10 ans dans 2 cas :
Cas n° 1
👉Omission de déclaration des comptes financiers ouverts à l'étranger
🤔Ok, mais c'est un compte #crypto...
👉Les comptes #cryptos, sous conditions (possibilité d'avoir du #fiat) entrent dans la définition des comptes financiers
Read 10 tweets
#Crypto-to-#Fiat Processor Swapin to Expand B2B Products With $1.85M Funding Round
Swapin, a European Union-licensed crypto-to-fiat payments processor, has closed a private investment round and raised €1.68 million ($1.85 million).
Swapin’s new funds, will make it able to increase its market share and support the launch of two business-to-business (B2B) products.
Read 13 tweets
[1] An #NFT loan is the NFT-backed credit that allows NFT holders to put their #NFTs/collections for a mortgage in exchange for cryptocurrencies or #fiat currency

#NFTCommunity #Crypto #cryptocurrency #blockchain #DeFi $DEFY #Education
[2] #DeFi platforms that support #NFT loans allow holders to borrow funds and set terms without a central authority.

#NFTCommunity #Crypto #cryptocurrency #blockchain #DeFi $DEFY #Education
[3] If you are a borrower, you can expect to get a loan of ~50% of the #NFT value, with interest rates ranging from 20%-80%, depending on the popularity of the particular NFT.

#NFTCommunity #Crypto #cryptocurrency #blockchain #DeFi $DEFY #Education
Read 6 tweets
🧵 time...

For years, as I have discussed the value prop for seizure-resistant, non-sovereign💲like #BTC with noobies, I have always had to caveat it with "we don't think about it in the Western world too much bc our money, banking system, and law typically work well"

Well...
2/ #Bitcoin's value in the Western world has NEVER been more obvious thanks to the last ~ 2 years.

Reminder, it has ALWAYS been valuable to those less fortunate living under authoritarianism or double-digit inflation (over half the world)
newsweek.com/half-world-liv…

@gladstein
3/ Now, Westerners are getting their taste:
- 10%+ inflation for many (screw the official #CPI numbers)
- Bank accounts being inexplicably closed @haydenzadams @PeterMcCormack
- Govt freezing funds and threatening companies #TruckersForFreedom
- ~25% M2 debasement in ~2 years Image
Read 26 tweets
One thing that happened with the drop in crypto, and in particular $CEL, is that some #Celsians experienced margin / liquidation calls.
If they took loans against $CEL, their LTV (Loan to Value) ratio may have gone above the values for margin call or liquidation with $CEL around $2.
Read 18 tweets
DoubleLine founder and CEO Jeffrey Gundlach presents:

Just Markets 2022 - I Feel Young Again

Today at 1:15pm PT, register here: event.webcasts.com/starthere.jsp?…

#macro #markets #stocks #FX #bonds #commodities #rates #inflation #Fed #QE #bitcoin

Live recap thread⬇️
Jeffrey Gundlach: 2021 might end up running 7% year on the CPI

#inflation #QE #Powell #fed #hikes #rates
Jeffrey Gundlach: Low interest rates coupled with inflation generating negative interest rate.

#JustMarkets2022 #CPI #QE #Fed
Read 48 tweets
#CarMarketSwitzerland 2021:

Compared to pre-pandemic year 2019, entire market down by -14%. Only a few manufacturers could increase sales, #Tesla's the strongest with +37%. Ø hit of the players in the red was a whopping -29%, #Ssangyong the biggest victim with -95%.

1/15 Image
#CarMarketSwitzerland 2021:

Comparison of Q4 shows that market decelerated towards end of year: Q4/21 down -31% compared to Q4/19. Ø hit the manufacturers in the red had to suffer was -39%, e.g.
- Audi/BMW -30%
- Ford -50%
- Mazda/Subaru -63%
- Mercedes -35%
- VW -38%

2/15 Image
#CarMarketSwitzerland 2021:

In the 'battle' of the propulsion types, we could see 3 historic events in 2021:
- after May, #BEV's startet to leave #PHEV's behind for good
- in August, BEVs overtook the Diesels
- in December, BEVs overtook the plugless hybrids (#HEV)

3/15 Image
Read 15 tweets
1A día de hoy ¿cuál dirían que es el caza ligero por excelencia? ¿El F-16? ¿El Gripen? ¿Y si hablamos de un aparato que era la mitad de la mitad?

Para mí, este es el caza ligero por excelencia, una pequeña historia del Folland #Gnat (y su hermanastro indio HAL #Ajeet)
2El padre de la criatura era el ingeniero William Edward Willoughby "Teddy" Petter, quien había trabajado previamente en numerosas aeronaves de la firma Westland, como el #Lysander, el #Whirlwind o el #Welkin Image
3incluso trabajó en el proyecto para mejorar el #Spitfire corrigiendo cierta inestabilidad del diseño original

Tras ciertas desavenencias con la dirección de @westland, en septiembre de 1944, Peter se despidió y se llevó consigo los trabajos para la propuesta B1/44 Image
Read 110 tweets
Pondering the tax consequences of the #celsius #hodl and #accrued profits come tax time. I thought I'd brush up on my #cryptotax understanding I found the following blog to be really clear, concise and useful.
cryptotrader.tax/blog/the-trade… h/t @coinledger
The tax framework I had assumed would be applicable was/is pretty well as I expected. Most of which I've learnt over the years the hard way by getting shit wrong (don't get me started on the pain of get pegged in the bum by the tax-office for failing rollover relief tests).
Paying the tax piper..Income tax or Capital Gains. What's not well understood by the swinging dick muppet brigade is referals fee's, staking, mining, shilling and lending ..... that's ALL income tax. You might think it all pools into one big HODL fantasy. but it don't.
Read 14 tweets
Hard Reit Portfolio (#REITs + #BTC)
2021 Returns : +60% 🚀

My Holiday Gift to you: a unique portfolio that beats #inflation, outperforms $SPY, and yields a juicy monthly income.

Let me show you this magic portfolio designed to beat inflation and manage volatility...🧵 1/10
PORTFOLIO STRUCTURE

The portfolio uses a Barbell Structure (h/t @nntaleb).

80% Long Value #REITs
20% Long #BTC
40% Short $CAD (Leverage)

2/10
ALLOCATION

[53%] #RioCan $REI.UN
[27%] @DreamOfficeREIT $D.UN
[20%] #BTC
[40%] Leverage [Short $CAD]

Income [4.25% Dividend] from the 80% allocation to #REITs services and pays down the 40% leverage with monthly dividend payments.
3/10
Read 13 tweets
Hilo #Noob :

¿Cómo cambio dinero #FIAT (Pesos/Dólares) por cripto? Uno de los mayores dilemas para aquel que recién comienza.

En Argentina es todo más difícil, pero existen opciones como:

A) Exchange´s Nacionales.
B) #F2F (Face to Face).
C) #P2P (Per to Per).
A) La más fácil y cómoda, pero no la más recomendable. es operar con Exchange´s Nacionales como @buenbit, @SatoshiTango, @RipioApp, @tiendacrypto, etc; ó Billeteras virtuales como @lemonapp_ar y @belo_app.
Lo #bueno:
-Fáciles de usar.
-Te registras con un e-mail, KyC (DNI y Selfie +/-), y PIN.
-Podes fondear con transferencias vía CBU/CVU, Rapipago/Pagofácil,Tarjeta de Crédito, etc.
Read 10 tweets
Understanding (3,3) – Is @OlympusDAO The Future Of #Cryptocurrency, Or Just Another Ponzi? 👇
1/15 Welcome To Olympus

Though @OlympusDAO's team is mostly anonymous, it is the brainchild of Zeus, who ideals for it to become the #decentralized reserve currency of the #cryptocurrency space.

2/15 Instead of pegging their value to a #FIAT currency, @OlympusDAO seeks to back each of their native tokens $OHM through a basket of #cryptocurrency assets much like a centralized bank.
Read 17 tweets
Microprocessors diminish returns to violence —> internet breaks information monopoly —> #Bitcoin liberates wealth from territory.

A thread on what's happening to you & your nation, and how to cope & thrive.

TL;DR If you love someone, let them go.
When considering #Bitcoin, our impulse after a century of mass democracy, is assuming it's a national, political issue, a decision to be made.

But votes don't change reality and nation states can no more stop Bitcoin than the inquisition could stop the printing press.
This because nation states rely on coercion.

No coincidence that the map of Europe had at least ten times more states and a fraction of today's taxes before advent of gunpowder.

For 5 centuries, gunpowder rewarded magnitude over efficiency.

US vs USSR was peak.
Read 13 tweets
[#Thread] Après une petite addiction aux #PlaytoEarn ces derniers jours, je vous propose un peu de culture #crypto.

Sujet du jour : La #DeFi en répondant à ces questions :

- Qu'est ce que c'est
- Ses cas d’utilisation
- Les avantages et inconvénients

Commençons la balade ⬇️
🔸 Définition

La #DeFi est l’abréviation de « Decentralized #Finance » qui se traduit par Finance Décentralisée.

Dans l’univers des #crypto, ce terme fait référence à des app financières décentralisées (DApp) qui sont construites sur différentes blockchains comme Ethereum.
Pour aller + loin, le terme #DeFi est utilisé pour définir un écosystème de services #financiers avec les spécificités suivantes :

🔹 Fonctionne sans autorité centrale
🔹 Sans autorisation & transparent
🔹 Généralement en Open Source
🔹 Permet de garder le contrôle de sa #crypto
Read 26 tweets
Why #futures are poison for any asset and definitely for #gold, #silver and #Bitcoin

Tweet storm :
Since many #commodities have limited elasticity in supply, the #futures markets - and specially those that don’t require settlement in the underlying asset - are there to create artificial, in principle unlimited supply.
They are the main and key instrument for controlling the price of an asset by pumping up virtual supply of an asset in amounts that simply don’t exist in reality.
Read 12 tweets
[Thread] Le sujet du jour sera : Comment entrer et sortir ses euros dans le monde de la #Crypto

Dans ce thread, nous allons principalement aborder les virements SEPA pour les dépôts/retraits.

Mettez vous à l'aise devant la cheminée et enlevez vos chaussettes, let's go ⬇️ Image
Le constat

Aujourd'hui, sur la majorité des exchanges, on voit comment acheter/déposer de la #crypto et tout est fait pour que ce soit simple.

En revanche, il est plus difficile de trouver comment retirer sa #cryptomonnaie pour transformer en euros vers son compte #bancaire. Image
Nous allons surtout voir les dépôts via virement #SEPA car ceux via CB coûtent cher en terme de frais.

Perso, aucun intérêt de déposer des € avec 1 et 5% de frais.

Mais que ce soit par #CB ou #virement, vos € arriveront de la même façon sur le compte de votre exchange. Image
Read 30 tweets

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