Facebook's Diem stablecoin will change the cryptocurrency landscape forever.
Diem has hinted at partnerships with existing cryptos. Any solid announcement of a partnership would cause that crypto to go parabolic.
So which crypto is it? Read on👇
(warning: tinfoil hat time)
I first came across the rumor on Twitter.
It originated from an update video from $COTI founder @shahafbg.
Quote: "as our integration to a major enterprise continues, I really look forward to letting you know who that enterprise is, when it's done, I will let you know."
People took him to be hinting at COTI launching a stablecoin with FB, so I decided to take a look.
Crypto developer @danielesesta is one of the most revolutionary thinkers in the DeFi space right now, heavily involved with $SPELL, $ICE, $MEMO, $TIME, and more.
Today, I listened to his conversation with @CryptoMessiah on twitter.
Here are my favorite quotes and takeaways.
"I am a 'People Maxi'"
Dani hopes to dispell crypto tribalism. His bigger mission?
We should bring people to crypto, not fight over which chain is better.
"We are just scratching the surface of what DeFi can be."
"To advance this industry we need to advance public relations."
Crypto will blow up when we believe in its potential to change the world, not when we believe it will make us rich.
The industry must collaborate to create thesis-based collaborators, not speculators.
Market Talk with Friends (a twitter space by @CryptoCred and @FTX_Official) provided some phenomenal market insights from some of the best-known $BTC traders today.
Here are a few quotables (not always word-for-word) and hot takes that I took away:
"Part of the reason TA works so well is because sometimes there's no signal in the market, and we're all using the same tool kit"
"I caution people on the NFT space. NFTs are here to stay, but the vast majority of them in two years are going to be worthless. View them as a levered bet on Ethereum"