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Gabor Gurbacs Profile picture
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Feb 6 • 2 tweets • 1 min read
Huge fire broke out in a big Chicago warehouse. Hard to imagine that U.S. food and shipping facilities burning down at this rate are just accidents. What’s going on?

Chicago

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More from @gaborgurbacs

Gabor Gurbacs Profile picture
Sep 15, 2022
SEC chair says system used by Ethereum following software update could trigger securities laws. Literally published on day 1 of the fork/merge. I have been saying this for over 6 years that POW to POS transitions can draw regulatory attention.
wsj.com/articles/ether…
To be clear, I am not saying that ETH is necessarily a security because of its proof model, but regulators do talk about staking in the context of dividends which if one feature of what securities laws call a "common enterprise". There are other factors in the Howey test too.
I believe that more discourse is necessary among regulators in the U.S. (SEC, CFTC, OCC) and market participants to determine and build a fair, objective and sustainable framework for token categorization and market structure that's necessary to operate businesses in the space.
Read 5 tweets
Gabor Gurbacs Profile picture
Jul 9, 2022
Sri Lanka protestors storm the presidential palace in the capital after the country’s economy collapses due to energy crisis. A moment for the history books and a sight to behold.

Protestors broke through the Sri Lanka central bank gates.
Sri Lanka’s president fleeing the capital on a military ship.
Read 4 tweets
Gabor Gurbacs Profile picture
Jul 7, 2022
1) Proud of @PointsVilleApp for offering 5% cash-back from 100+ iconic brands (CVS, Nike, Adidas, Autozone, Wayfair, etc...). This helps our users save at a difficult time and supercharges our partners' businesses working with the largest and most recognized industry giants. Image
2) As a @PointsVilleApp partner, you can create and give-away Visa cards that is spendable anywhere that accepts a Visa. The card earns 5% back from 100+ big brands (see above). Cash just goes back onto your card after spending with our partners. Super simple. (T&C applies) Image
3) As a @PointsVilleApp partner, you can attach rewards to educational videos to help people learn about projects, companies and topics. Learn to Earn! 🧠🤑 Excited to add more learn to earn opportunities. Image
Read 6 tweets
Gabor Gurbacs Profile picture
Jun 3, 2021
1) We are excited to announce VanEck’s @MVISIndices
partner with @FTX_Official on a first of its kind perpetual futures listed on FTX. We bridge traditional finance and digital assets via institutional quality access products. @JanvanEck3 @SBF_Alameda PR: mvis-indices.com/news/index-lic… Image
2) The perpetuals fututues track the MVIS CC DA 10 and MVIS CC DA 25 indices which are modified market cap-weighted indices that track the performance of the 10 and 25 largest & most liquid digital assets. To ensure investability the indices undergo rigorous liquidity screenings.
3) The MVIS CryptoCompare Digital Assets 10 Index (ticker: MVDA10) and MVIS CryptoCompare Digital Assets 25 Index (ticker: MVDA25) are calculated in US Dollars as a price index & are reviewed monthly. Capping factors are applied to avoid overweighting of single index components.
Read 8 tweets
Gabor Gurbacs Profile picture
Feb 27, 2021
1) "Most of the $1.9 trillion House bill has little to do with the virus. Here’s a breakdown." Source: @wsj wsj.com/articles/the-n…
2) "The Covid cash includes some $75 billion for vaccinations, treatments, testing and medical supplies. There’s also $19 billion for “public health..."
3) "$7.2 billion more for the Paycheck Protection Program, $15 billion for economic injury disaster loans, $26 billion for restaurants, bars and live venues, and $15 billion in payroll support for airlines."
Read 15 tweets
Gabor Gurbacs Profile picture
Oct 8, 2019
1/ I just published The Investment Case for #Bitcoin. See the @vaneck_us blog + slides at below link.
Outline + tweetstorm below:
+ Bitcoin as a store of value
+ Bitcoin in an investment portfolio
+ Accelerating adoption
> Retweet if you like it
> Source: vaneck.com/blogs/market-i…
@vaneck_us 2/ Monetary value is value that exists in spite of an economic good not having intrinsic value or value that exists in excess of an economic good’s intrinsic value. Historically, most objects of monetary value have no relationship to a sovereign entity.(eg: gold, gemstones, etc.)
@vaneck_us 3/ Bitcoin’s combination of durability, scarcity, privacy, and its nature as a trust-minimized bearer asset all contribute to it holding monetary value. Bitcoin has the potential to become “digital gold”.
Read 17 tweets

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