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I agree that this opens up a world of possibilities, but because there is no recourse to a transaction, we have to think very hard about the powers we give to NFTs. Right now in the art world, paintings are always returned to their rightful owners, even if missing for decades. If we want to...

LOL.. so much easier if the person doesn't know how to keep it secure. You can always use the court system to fight a changed deed if you consider it fraudulent. But if you want the ownership of a house to be 100% tied to the ownership of the NFT, then good bye house. Yes, the world could see...

What happens if someone steals the NFT to your house? Do they then just roll up and get the police to kick you out? Just because they have the NFT, does this mean you have to leave your house?

I honestly think the idea in general for NFT's and the Metaverse is kind of dumb. Sure, use NFT's to show how rich you are because why not buy GIF art for 100 ETH. Likewise, if you're a fat ass, lazy couch potato, then go play around in the metaverse vs. the real world. Perhaps I understand...

Ever since discovering Andreas Antonopoulos a couple of months ago, I simply cannot get enough of his content. I'm watching this current video, and although its of course filled with tons of info, this one segment really struck me. (2:08.15)...

Out of curiosity, if it would be a losing strategy to short, then does it not follow that its a losing strategy to initially exit the long? I know that sometimes when you have no idea what is happening, or the market isn't clear, its best to be flat. But disregarding emotions, does it not make...

I think the only way to have a top in BTC is for the government to say no more printing, no more spending, we will balance the budget every year and work on paying back the debt.

Huh?? Here is the 7 day chart for SOL...

FTM has certainly held up very well these past few days compared to almost everything else in crypto.

Out of curiosity, can you post a chart with your entries? I see the average entry price is 15,681, which is right around the price of the open. Did you start higher up and just scaled in as it went lower after the open? Of were you expecting a bounce today and hence started scaling in as it...

As true as this is, we are now stuck having to guess if they are just jawboning, or serious. We already knew they said they were going to speed up the reduction of bond buying, so I guess that meant by March they would have stopped. They also supposedly forecast 3 rate hikes, and that we knew...

I remember a while ago I saw a comment on a Youtube video where the person said that he found an error with one of the exchanges and he was able to get out something like 10x coins. There were of course other comments about how they tried it and it worked. It was a very low viewer count video...

The buyers for those mortgages are the funds that package them into securities knowing that the FED will buy them. At the heart of this investment is the mortgages. If the FED isn't buying mortgages, what are they buying when they purchase billions of dollar of MBS? Why don't you tell me...

If you can't see that an MBS is simply a bundle of loans aggregated together then I can't help you. You can that they are securities but aren't mortgages, well, that's simply a slight of hand illusion. Next you're going to convince me that a bottle of beer isn't alcohol, but simply a brown...

This is right from Investopedia "Quantitative easing usually involves a country's central bank purchasing longer-term government bonds, as well as other types of assets, such as mortgage-backed securities (MBS)" https://www.investopedia.com/terms/q/quantitative-easing.asp Now how does a...

I'm not an expert in this space, so I won't dig too deep into it, but the only reason banks are making money in this environment is because they know the FED has their back. The FED will backstop them no matter what they do. Its like UBI. Lets just give people money for being alive! When a...

I agree with this. And this is why QE in some ways didn't have the intended consequence they wanted. I firmly believe they wanted inflation, and they were so unhappy when they didn't get it up fast enough, full well knowing that only inflation will help prolong the looming debt bomb. Then...

Exactly right. Money doesn't mean anything anymore. They can print up as much as they want, and the interest isn't set by the market. Going forward, it looks like we are going to also get price controls. Gee, lets see the FED control even that. Sure they can force a cap on the cost of...

You're so idealistic, which I guess is awesome, but the world is much different in reality, but I guess I can say that since I'm looking through my eyes. Your entire previous post doesn't matter. Money at this stage is too corrupt. It simply doesn't matter how it all works anymore. The FED...

By managed, I think this would entail a drastic lowering of standard of living. If you consider the entire economy now functions on just money printing, and the money you print all of a sudden falls out of fashion, then your only mechanism for keeping the ship afloat has sprung a leak. The...