This is what price suppression ACTUALLY looks like. ๐
On another note, ETH just added another $4.7B of stables last week. That's more than the total amount of stables that almost every other single network has accumulated through their existence and about 40% of Solana's.
Keep the hate coming, the reckoning will be epic.
โข โข โข
Missing some Tweet in this thread? You can try to
force a refresh
Keep calm, US regulators are not trying to kill crypto, they are trying to let TradFi recapture market from FinTech by using "protect inventors" as a pretense.
My predictions for what will come out of it? 1. $BTC stays as a commodity 2. $ETH stays as a commodity 3. Staked $ETH
provided as a service by custodians will become a security 4. A LOT of altcoins will be classified as securities 5. Big financial institutions are going to provide custody, trading and staking services for BTC and ETH
This way they will end the crypto "Wild West", but not
the most reputable decentralized networks (BTC and ETH).
ETH will be able to continue being used as a currency for NFTs and other digital assets that are not deemed as securities, but investors will want to hold staked ETH, and for that they will have to rely on TradFi players.
Stablecoins will pave the way for $ETH to mature from a speculative asset into having a significant valuation as a productive asset.
This is how it will happen.
๐งต๐
2/ Startup fintech companies and smaller TradFi companies can gain market share very quickly by providing cheap financial services powered by regulated stablecoins on Ethereum's L2. Stables will make it easier for other tech giants like Apple, Microsoft and Meta will be able to
3/ expand into that market as well.
Demand for stables will come from multiple places: 1. Crypto veterans who are looking for financial services that operate with stables and/or other crypto assets. Getting paid via USD stables will become a standard and crypto degens will
It will be very hard to get to find out exactly how many people are suffering negative effects from Covid vaccines because a lot of people will refuse to self-report.
There are also things that critics are not talking about.
1. Heart damage is very likely related to incorrect administration of the vaccine. The rush to get as much people vaccinated as quickly as possible ended up causing a lot of inexperienced and/or ill trained staff to administer the vaccine without proper, or completely
bypassing, aspiration. It will be impossible to determine how many people received a poorly administered vaccine.
2. Covid restrictions and work-from-home might have impacted the number of hours people were sitting for long hours in front of their computers. This can lead
People in the metaverse will be able to express their identity in very creative and fun ways.
For example: cats will make for interesting avatars in the metaverse. Not as a identity crisis. They are just fun costumes in a world where it is socially acceptable to wear them.
Paladins are cool too. How cool would it be to be a Paladin driving a 911 Porsche in the metaverse?
This might be a little too much for you, but your kids are going to love it.