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I saw a video, I think it was Mark Yusko, explaining how crypto asset stablecoins will be very important for the US $ as a global reserve currency I'm just going to list the things that I remember from the video (if I misstate or misunderstood something, whatever, you get what you pay for, I'm...

Tether is paying BDO Italia so BDO needs to do the job of an auditor and do a full audit https://www.coindesk.com/business/2022/08/19/new-tether-auditor-confirms-slashing-of-commercial-paper-holdings/

I don't know anything about buying US Treasury Bills but I was under the impression it's very to prove ownership Like if Tether bought $25B worth of UST at Robinhood and another $25B worth at IB, then they just say that and Robinhood and IB would say, yea, here's the statement, they own $50B...

BDO Italia is their auditor Full audit, soon™️

Everything all good now with Tether. They have switched to 100% US Treasury bills on their reserve Tether is the best stablecoin now. USDC also planning to do the same No more stablecoin fud

Prolly nothing... https://www.reuters.com/technology/tether-says-it-has-completely-eliminated-commercial-paper-reserves-2022-10-13/ Tether says it has completely eliminated commercial paper from reserves Reuters Smartphone with Tether logo is placed on displayed U.S. dollars in this...

*** NFA - post is for entertainment purposes only *** Got into UniWSwap yield farming yesterday. It's a competitor to LFGSwap. I'll compound and btd Smart contract has a 12H timelock https://farm.uniwswap.com/ -----------

NFA Have cashed out of all LFG holdings the day after, the response from the dev team was not sufficient for me. They will implement a timelock soon which is a good thing LFG has been trending down for a few days but still much higher than my cost-basis when I first bought it so not enough for...

During a crypto bull market, you don't have to chase these big things, they are everywhere and we're talking about 1,000-10,000%+ roi so it makes sense to throw a portion of capital into them

Thanks for the sharing of ideas, NoahA What I meant was for us to survive with enough capital to participate on the next crypto summer As far as specific crypto assets and projects surviving or being relevant for the next bull market, I can only wish that for Bitcoin In the 2013 bull market...

There's a reason I kept asking you how you're doing during this crypto winter and it's not because I want to do Schadenfreude on you when you say you've lost $$$ Many people are rekt. I see it on CT, people talking about losses and what they used to have, many have gone quiet If you say you're...

Yes, if private keys are compromised by hackers, the bitcoins will be stolen BNY Mellon manages trillions of $ worth of assets for their clients, so does Blackrock, so does Goldman Sachs, and JPM, and others Let's go with your hypothetical that if BNY Mellon, Blackrock and others buy billions...

Core XXIII https://github.com/bitcoin/bitcoin/releases/tag/v23.0

Rich people cannot be bothered to have local wallets, which is why Blackrock, GS, MS, JPM and now BNY all buy btc for them and hold in their account names (custody service) or so I read. I'm not one of those rich guys so I hold my own btc in my own wallet

I don't have the capability to edit title. Must be ET auto-feature. I copied the title from the article which are all in caps

Prolly nothing... https://bitcoinmagazine.com/business/bny-mellon-offers-bitcoin-custody BNY MELLON NOW OFFERS BITCOIN CUSTODY SERVICES: REPORT The world’s largest custodian bank can now receive and store customers’ bitcoin and cryptocurrency, following a regulatory approval in New York...

NFA For disclosure, I have cashed out of LFG except profits. I really hate this move, but I don't want to go to sleep without any visibility on whether the project will exit scam by the time I wake up I'll buy back in even with higher prices once I know it's safe

I saw Xen on one of my Twitter feeds So, you say many opportunities now... You have not answered how you're doing during this crypto winter Since the Merge, I'm holding good unrealized profits on Ethw and ecosystem Eth-pos on the other hand went down from close to $1800 a day before the...

Bukele is already trying to change the constitution so he can hold on to the power much longer. He has majority support, plus he controls congress and judicial system through family members in power and many friends and allies But look at the results. I'm not going to judge El Salvador by...