Crypto’s Center of Gravity Is Shifting Away from the U.S.
- Thread starter johnarb
- Start date
I haven't listened to CoinDesk in years, haha. What are they pumping now? I don't have another 20 minutes to waste listening.
In any case, crypto didn't even get started yet in the US, so what difference does it make if it leaves? The US were/are so far behind that they don't even have a working Bitcoin/Ethereum exchange traded fund yet. Which is exactly why the implosion with 3AC happened; due to the dangerous NAV trade with Grayscale assets.
In any case, crypto didn't even get started yet in the US, so what difference does it make if it leaves? The US were/are so far behind that they don't even have a working Bitcoin/Ethereum exchange traded fund yet. Which is exactly why the implosion with 3AC happened; due to the dangerous NAV trade with Grayscale assets.
There's no watching. 99% of NLW yt videos have a static picture
NLW long read Sunday is a collection of relevant articles on the topic from multiple sources
I thought ET posters are from all over the world but the way the people are posting make it seem like they are all filthy rich traders from the US
Cryptos are a global asset and stablecoins are like Eurodollars as referenced in the video
Argentina, Switzerland, Dubai, Brazil, South Korea, Japan, Hong Kong and many many more countries will be happy for US to push out cryptos and they are not all poor
https://blog.chainalysis.com/reports/2022-global-crypto-adoption-index/
When one bitcoin is worth over $1M, it would be fun to look back on these ET threads and see the same people who were talking shit about bitcoin when it was less than $5 each
NLW long read Sunday is a collection of relevant articles on the topic from multiple sources
I thought ET posters are from all over the world but the way the people are posting make it seem like they are all filthy rich traders from the US
Cryptos are a global asset and stablecoins are like Eurodollars as referenced in the video
Argentina, Switzerland, Dubai, Brazil, South Korea, Japan, Hong Kong and many many more countries will be happy for US to push out cryptos and they are not all poor
https://blog.chainalysis.com/reports/2022-global-crypto-adoption-index/
When one bitcoin is worth over $1M, it would be fun to look back on these ET threads and see the same people who were talking shit about bitcoin when it was less than $5 each
There seems to be some early adoption/usage in South Africa as well.
Adoption by communities that don't necessarily have a bank account but have smart phones was what interested me about BTC in the beginning.
tether and alike are the reason why there is no BTC ETF. until fake money are allowed to exist, there will be no ETF in US. if ether disappears the price for crypto will collapse and most will loose interest entirely.
Tether has been the global defense against nation states regulatory capture of stablecoins
After seeing what clusterf*ck of unfair regulations against Paxos/BUSD, Coinbase, Kraken, BlockFi, and others, my opinion is that it's better for cryptos projects, developers and companies to move out of the US
Tether has been doing very well partnering with strong sovereign states, Brazil, Dubai, Switzerland, and has explosive growth adoption in places where there is a strong demand for a virtual US $ like in Turkey, Lebanon, Argentina, in Asia emerging countries
USDT is the permissionless, "censorship-resistant", bearer-asset, global version of the Eurodollar
USDC is centralized US companies, caveat emptor
No doubt world biggest financial fraud is doing quite well.
Oh no, my friend, Tether at $71 B market cap is a rounding error in the biggest financial fraud that is still growing called the US $
Did you know Pentagon lost track of Trillions of $? That's how massive that fraud is, they lost a few trillion $ like spare change
Fiat fraudsters love wars because that's the best way to launder money around and steal from 8 billion people of the world
Global central banksters, ECB, the Fed, IMF, WEF are not your friends, they are your enemies, they steal from you by printing money so easily that you work so hard for
Drop many bombs for 10 years in the middle east, send tanks and hundreds of billions of $ to Ukraine, who's going to notice all the $ and EUR, and GBP going to the elites and their cronies
Tether is doing great, dangling the carrot that they will produce audit but never complete one... Play the game and keep growing stronger