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You do realize that it's all just leverage upon leverage, right? Rehypothecation almost to the same degree as Repo markets, if not more. I dunno how deep you are into DeFi, but once you get to the more advanced money games, it's just a replication of the trad financial system, and its...

You don't really believe this, do you? Come on. You're still stuck on that narrative that has long been left behind, along with other narratives BTC failed at? Actions speak louder than words. BTC maxis are now busy lobbying Congress now for "proper" tax treatment of crypto gains rather than...

Coinbase is playing the same games with USDC as Tether has been with USDT. I doubt Binance & BUSD is much better. I would lean toward USDC due to the fact that Coinbase has JP Morgan behind them. You can consider DAI, which a "decentralized" stablecoin with a pretty unique...

Well, technically, he is not wrong. All BTC network really offers is "number go up". Which all hinges on the next wave of buyers. Beyond that, what's really there aside from a prototype shitty code that probably still has bugs to be exploited, inefficient & slow network and a terrible...

1. Why does it have to make sense? Basquiat's work is objectively crap yet worth millions. Banksy's creative used to laugh & practically vilify art snobs putting high values on their street art and....? Bathing Apes pieces literally make fun of rich kids spending so much money on streetwear...

And Ascendex is insured, sooo, like what is your point? You know, you can actually get your own insurance on CEX hacks, in DeFi. And you're making the assumptions that Binance won't get hacked again. Which they probably will, because CZ is hated.

You need to learn about Glassnode, and other blockchain analysis services. Bitcoin is like the easy blockchain to track, to the point where you can see what wallets are losing money and which are making money during the rips & dips.

It's not Bitcoin that is the target. It's what runs Bitcoin and crypto. USD Stablecoins. Putin aint no dummy.

Thanks, Im sure it's a good listen but I actually stay away from NFTs. Already have a hard enough time trying to keep my sanity with crypto. The NFT game is dangerous and very hard. Aside from just getting lucky, it requires full time commitment & more. And as you know, liquidity dries in...

Uniswap, AAVE and the similar protocols. They exist, they have tokens, which may or may not actually be necessary, but people are happy to own a piece of the project. Which sometimes comes with revenue share, as well as collateralization. You can also look at Celsius network, which is a...

Welcome to crypto? This is business as usual. You are talking about a 3rd tier exchange that is non-KYC. You also assume it was not in some way, shape or form, an inside job.

Mixers such as Tornado Cash. Also Monero.

https://www.wired.com/story/hack-binance-cryptocurrency-exchange/

The space is flooded but I doubt we are near the top. Also, Cryptopunks are here to stay. Enough ETH whales treat them as a store of value to keep trading them back and forth. Just like Basquiats being passed around by art snobs even though the street art clique that Basquiat came up within...

Digital collecting is a thing and was a thing before NFTs. MMO games established this early on. Just a question of whether you believe the new generation of collectors with lean toward physical or digital collecting. The direction is kinda clear though.

Wen airdrop, sir.

I totally agree, that's what I learned from a NFT trader who got in a few years ago. Some of this is driven by actual desire to support the artists and grow the space, some is just boredom from being an ETH whale, wanting to gamble & validation. The NFT trader in question, who is a...

Maybe he just wants a hug from me. Point is that if I anger him that much with my statements, which in no way may any ad hominem attack on him, I'm happy to give him the opportunity to settle out his frustrations. You should check out Axies Infinity to get a view of where MMO gaming is going...

There is def something valuable in DeFi. Decentralized Borrowing/Lending run by code is revolutionary and creates major value. Unless you prefer to have middlemen, and hence, friction, in the process, that takes a significant cut of the spread.

It's not even an argument, but obviously I triggered him with some of my statements. Not sure why he is so emotional over the matter, like what does it even matter that there is a bunch of crypto rich kiddies playing with NFT madness. You either try to understand it and figure out to profit on...