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2 Jul, 5 tweets, 2 min read
Time for a short thread 🥐

Disintermediation is one of the largest use cases for blockchain we have ever seen.

By cutting out all the middleman, many companies are able to increase profit (and typically user experience)

This is a common trend when old tech gets replaced...
In fact, many of the top companies in the world today operate at a sole premise to do just that!

Airbnb owns no property, but accommodates guests.

Netflix owns no movie theaters, but owns some of the largest selections of movies.

Uber owns no cars, but offers taxi services.
Spotify owns no music industry label, but cuts deals with thousands of artists.

Facebook owns no ad agency, but offers marketing + branding on their app.

Amazon owns no large contractors, but instead hires independent contractors like Uber to deliver their products
Now, the examples mentioned above are just a non-exhaustive list of what I could think of

I think people will begin to realize the true value of decentralization when they have no other choice to because of competition

All roads lead to the blockchain. Food for thought... 🥐
Airbnb mcap: $91.4B

Netflix mcap: $236.7B

Uber mcap: $96.7B

Spotify mcap: $51B

Facebook mcap: $1.01T

Amazon mcap: $1.77T

vs

Bitcoin mcap: $624B

Ethereum mcap: $245B

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More from @CroissantEth

croissant Profile picture
4 Jul
Crypto underwent a series of coordinated attacks these last few months.

I wanted to take the time below to illustrate just how much was thrown at the market on a timeline, and then discuss some of my feelings on this...

Let’s dive in! 🥐 Image
April 16th, 2021

A coal mine in Xinjiang flooded, damaging miners in the area and resulting in the #Bitcoin hash rate dropping by 35%.

This also brought up serious concerns from the Chinese government who began to hint at a ban on mining. Image
April 16th, 2021

Reports of Coinbase insiders and early investors selling roughly $5B of $COIN on its opening day broke, and headlines quickly spread

Updates to reports a few days later conveniently added background on a direct listing (excusing the selling for liquidity) ImageImage
Read 25 tweets
croissant Profile picture
1 Jul
Let’s talk a bit about #Bitcoin, the dollar, and gold

In this thread I will touch on highly complex topics & hope to tie it all together

Please stick to the end, it will be worth it 🥐

Before we dive in too deep, I’ll have to give you some quick background info on the topic...
Sound money...

What is it? Certainly not the dollar as we know it today.

The concept of “sound money” is best explained as a currency which has intrinsic value.

That is, if it weren’t a currency it would have inherent value whether as a means of trade, or store or value.
Think of things like #Bitcoin, Gold, Silver, & other fixed supply assets

Metals have been valuable for many years. This is because of their historical use for trade, purposes of hedging against inflation, & more

A long time ago, money was actually denominated in gold or silver.
Read 25 tweets
croissant Profile picture
12 Jun
Many people believe that upcoming anti-money laundering & environmental regulations from the government will be the downfall of crypto

I am here to argue that it will lead to one of the largest “priced out” events to occur in the history of #Bitcoin

Why? Allow me to explain...
The first thing I have to discuss for this to all make sense is an acronym in finance called ESG.

Largely thanks to Joe Biden & the coronavirus, this concept of Environmental, Social, & Governance priorities is now being pushed for many investments

What does this mean?
Investment managers are now often inclined to invest in companies of a high “ESG score”

These investment managers are registered by the SEC

Publicly traded securities are favored by ESG score attributed to them by data analysts

This is already the case in an index from Canada:
Read 24 tweets
croissant Profile picture
10 Jun
Last week I wrote about @elonmusk’s potential “end game” plan for #Bitcoin& the post blew up far more than I would’ve ever imagined

This has inspired me to write a follow up with some more info on how @elonmusk may be revolutionizing the energy market with $BTC

Let’s begin! 🥐
Earlier, I theorized that @Tesla may have a larger plan for integrating the Bitcoin network than many seem to understand

After all, why would a solar company invest nearly 10% of their cash in $BTC only for Elon Musk to tweet negatively about it almost right after?
The answer to this question is simple...

Tesla’s main business is in solar energy. This consists of solar roofs, panels, power-walls, utilities & much more

This energy can be monetized with a particular use case including $BTC. @CathieDWood explains this concept further below:
Read 27 tweets
croissant Profile picture
1 Jun
@elonmusk has had a big impact on crypto recently, & because some of his actions have been a bit unconventional, I was inspired to dig in a little deeper to find out what exactly his “end game” is

& what I’ve found does not disappoint.

I’ll compile all of the info below 👇🏻🥐
This story begins a short time ago after Elon made the now-infamous tweet that Tesla will accept $BTC

$BTC rallied from this news, only for the hype to be cut short by complete reversal in policy from Tesla

Tesla will NOT accept $BTC for payments, citing environmental concerns ImageImage
This action led many to wonder why, just a mere few weeks after his company invested over $1B into $BTC, would he blatantly speak negatively about it?

Surely he has a reason to do so, right?

Well after taking a look at some hints left in his tweets, that appears to be the case
Read 25 tweets
croissant Profile picture
31 May
With the “meme coin” hype blowing up I thought it’d be nice to have a bit of a refresher, & go over some of the cool projects with real use cases that are ACTUALLY being built on $ETH

All of these projects are breaking into trillion dollar industries...

Let’s begin! 🥐
1. @etherisc

With $LINK oracles, $DIP offers a simple & elegant solution to the trillion dollar insurance industry

Smart contracts automate claims, offering farmers coverage across the world

They were mentioned by the WEF for their unique use cases in a paper on digital assets
2. @AIRA_Robonomics

First a robotics team, their devs found home on $ETH for their plan to build out a network of IOT devices

$XRT has worked with Microsoft in an aim to make smart cities a reality in the 4th industrial revolution

They offer “robot as a service” technology
Read 25 tweets

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