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That's why Tether USDT is the best stablecoin, iykyk https://techcrunch.com/2023/03/10/uncertainty-stands-around-multi-billion-usdc-empire-as-issuer-circle-held-reserves-at-silicon-valley-bank/

Lyn is a great person, so much of her knowledge and work and research she just shares with everyone for free For some reason I feel at peace with this bitcoin and cryptos price crash When I try to get a sense of the mood on CT and on discord channels, I get the same vibes from everyone, Dylan...

Even when crypto wins a case... It's not over The sooner all crypto firms and projects and developers and miners get out of the US, the better it will be for the long term

Steady lads... If banks start failing and cause contagion, the Fed may pivot hard and QE party will startup again Also another possibility is that the market participants realize that bitcoin is not a risk asset, but a safe haven. Bitcoin competes with banks on a use-case and no counterparty...

The Bitcoin mining network hashrate keeps hitting all time high It is absolutely nutso, because the financial incentives, the rewards, are going lower and lower When we have the halving in 2024, the Bitcoin miners salaries will get cut in half again And yet, the networ hashrate keeps going...

I wish I did! I always thought of shorting Eth as a hedge against my crypto portfolio Eth perps has pretty good volume and liquidity, I could still do it at any time. I have a small Eth holding, but much of it in a couple of NFT's that have a high spread on current offer versus what I want to...

Thanks, doing ok, not too bad, I'm not trading now $18,400 is possible... don't think $16,000 or lower is probable, but we shall see

Everything is going according to plan. Stay strong crypto fam

Very good call!

I respect your viewpoints and agree to disagree A couple of things, I agree with you that Bitcoin will never be a global reserve currency as world governments will not allow that, but Bitcoin can be a global reserve asset, like gold or silver Bitcoin is base money, like gold or silver, a SoV...

You have too many convos going at the same time, but the "it" we were discussing was the Bitcoin mining network hashrate, which is a part of the audit process of the Bitcoin blockchain by ensuring that all mempool transactions to be included in the block contain valid bitcoin utxo's i.e. no...

Just because you do not understand it does not invalidate the value of it There is a reason they call it Proof of Work Anyway, it's over your head, don't you worry about it, let's move along

False Bitcoin is backed by the mind-boggling 300 million trillion hashes per second of computing power Bitcoin network hashrate

gold backed crypto look previous post to yours

boomerz and their love of gold... anyway, crypto backed by real gold and redeemable for physical gold from a US regulated and licensed by the state of New York It's been out for many years I was thinking of buying some a while back, hardly any defi adoption for it https://paxos.com/paxgold/#...

You're conflating US $ stablecoins and BTC on purpose Is there even a fiat currency that is gold-backed? and trusting any central bank they have the gold they claim they do that you can redeem for has not worked in the past

Even if Coinbase was aware ahead of time there's really nothing for them to do, as it's only an exchange. Tesla sold almost a billion $ worth of bitcoins last year and for some reason I thought they had used Coinbase, maybe I saw it on an ET or Twitter post

Gotcha US Gov Silk Road bitcoins being transferred to Coinbase is very unusual, like I said if they wanted to sell it, they would have auctioned That's how US Gov works, when they sell properties or when they buy or award contracts for services they open it for bidding to qualified buyers (or...

Silk Road bitcoins belong to the US Government, although in the past, they've held auctions (Tim Draper won an auction of 30,000 bitcoins in 2014) instead of selling on the open market Btw, we don't know if the transfer of bitcoins from US gov wallets to Coinbase means they will definitely...