1/ Who’s ready for some @CantoPublic FUD?!!!!!1one
So the price has dropped like 95%+ from ATH so this isn’t about the $CANTO token, but could be something more interesting, the demise of the native stablecoin $NOTE. And partially because of RWA. Fun.
2/ For those of you who followed Canto (I’m sorry), you may recall that there is a native embedded stablecoin, backed and overcollateralized* by stablecoins (USDT and USDC) and since 2023 RWAs. Here’s a comment about that (the last part is important to this story):
*read on
Nov 18, 2019 • 34 tweets • 9 min read
Currently setting up 2 MakerDAO CDPs to run through the upgrade later today. Want to try to move one to MCD and leave the other one as SCD to see what happens.
Wish me luck.
Having to agree T&Cs with a decentralised protocol still seems odd to me. cdp.makerdao.com/terms
Jul 31, 2019 • 13 tweets • 2 min read
Someone asked how to explain Bitcoin & Crypto to the normies, this got me thinking about how to do this for the top 10. A thread!
1. Bitcoin – Call option on a dystopian future, or digital gold for drug addicts and gun nuts that live in their parents’ basement.