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Good link. In my mind, a safe way to earn this yield is buy buying USDC on TradeStation Crypto. They pay 6% a year (automatically) for USDC on balances and I consider this pretty much guaranteed by the parent in case something goes wrong, given the reputational risk (so, in a way, its a...

Yeah, I have been through some of these LN issues myself. Its not perfect. However, if Paypal implements its own Layer 2 (free or low cost BTC transfers between users) that will be significant. Then, what if the L2s start to connect to each other? Paypal could connect to Coinbase, which would...

If you are correct, you collect 5-6% a year. If you are wrong you lose an asset expected to rise at 200% a year. This assymetry makes the burden of proof, not on the accuser but on the people trusting the service, this aint a court of law, its about making good decisions. By my math, you need...

The time to buy NFTs will be over the next year when the entire NFT market is down 90%. Then, maybe there will be some bargains to be had. But this is super similar to the ICO space, it didn't matter whether it was a good project or not, eveything imploded. I recall even a DeFi token that came...

Holy cow, NFT top coming soon

NTFs are so popular, they even made it to SNL. The last time SNL mentioned crypto, it was December of 2017 and bitcoin crashed. So with that in mind, I'm cutting back on my NFT coin exposure. I have some ENJ and MANA, I'm selling some today and will probably sell more tomorrow

Individual decisions ought to be made on logic/reason and knowledge, not on blindly listening to rich people. There are plenty of billionaries that disagree with Dalio on just about anything, so that's not a robust way to make decisions. FWIW, I have been financially free since age 30 (I'm 36)...

Dalio also says that at the end of leveraging cycles, governments destroy the currency in order to keep things from falling apart. He is known for saying that cash is trash. So what's one to do, be afraid they will ban bitcoin and just sit on cash and let they take your wealth? He likes Asian...

Using the same logic, then the US will eventually ban its citizens/companies the ownership of the Chinese Yuan

I dont buy the 'we lend it out for institutions that want to short it or arb it'. At least on BTC, which is probably their biggest deposit base. Until recently any institution that wasnt completely clueless would never short BTC but rather use the futures and sell it a premium and earn the...

"It all starts with custody" "you got someone to sue in case something goes wrong" Good discussion here https://www.realvision.com/shows/the-interview-crypto/videos/bitcoin-seeking-yield-amid-a-global-debt-bubble?source_collection=3c97f854117f4d3ea62350df2291bc62

As far as Blockfi goes, it is similar to what you described. They were putting the BTC into GBTC and selling the shares with a premium for a profit. But then they blew up on the trade and pretty much wiped their capital when GBTC went into a discount (https://ditchblockfi.com/), they had to be...

No, you just suck at keeping up with the space https://www.realvision.com/shows/the-interview-crypto/videos/jack-mallers-lightning-strike-and-the-bitcoin-network?source_collection=3c97f854117f4d3ea62350df2291bc62

https://www.realvision.com/shows/the-interview-crypto/videos/piers-kicks-earning-money-in-the-metaverse?source_collection=0126e09d28a049d0abb1f9e9d571a1e1 A whole new universe is developing and idiotic finance people are still arguing about bitcoin...

I suppose the biggest proof of this was that the US did not ban inflation hedges in the 1970's, in fact they debanned gold in 1974. They did tried temporarly to cap the price of certain commodity futures but that didnt work and it didnt last very long. If the inflation situtation were to get...

Took advantage of this weakness in China stocks to buy more KWEB and CNYA (LSE)

Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban https://cointelegraph.com/news/hedge-fud-manager-ray-dalio-says-good-probability-of-a-us-bitcoin-ban First, the headline is absolutely hilarious. Second, I have been reading a good book about the great depression by Scott...

Dont price smaller coins vs USD, price it against BTC and ETH, even if you 'make money' against USD what if you would have made a lot more on BTC? A rising BTC tide lifts all boats BSV wants to replace BTC so BSVBTC is the chart to look at vs BTC It doesnt look so good

Sounds pretty interesting

Medved Trader