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Jonk
Jonk@NostrPlebs.com
npub1t9w2...r5d8
Jesus lover, Father, Bitcoiner, home miner, Graphene user, music lover. Working on leveling up as a Bitcoiner.
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Jonk 2 years ago
I wonder if Fink means something like Blockstream was pitching with it's Liquid network... “I think ETFs are step one in the technological revolution in the financial markets. Step two is gonna be the token digitalization of the assets,” said Fink, “These are just stepping stones toward tokenization.”
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Jonk 2 years ago
This definitely looks very game-able: "Most ETFs use ‘The CF Benchmarks Index’ to calculate the price of Bitcoin for any given day. This index aggregates trade data from multiple cryptocurrency exchanges and determines the average price across those exchanges. However, this average price may not be reflective of the real-time price of Bitcoin. Authorized participants, such as investment banks, place creation orders for shares with a ‘Transfer Agent, Cash Custodian, or Prime Execution Agent’ by a specific time on a business day. The ETF sponsor then determines the total basket Net Asset Value (NAV) based on the day’s closing market data. Precise timing is crucial to ensure accurate valuation." https://www.claytoncountyregister.com/news2/why-etfs-are-not-having-positive-effect-on-bitcoin-price-yet/992657/#gsc.tab=0
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Jonk 2 years ago
I'm feeling like the historical, local, nadir of low-rung politics has passed. I see a lot more high-minded people getting involved in conversations even on traditional social media. Little signs popping up. Hopefully it isn't overly optimistic, confirmation bias on my part.
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Jonk 2 years ago
I've lowered my zap number to 21 so I can zap everything, constantly all day long. It makes me feel happy. I just noticed that over the last day I have probably sent out 10x more zaps completely naturally. It is healthy and good for the soul.
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Jonk 2 years ago
Every influencer and their brother is now bearish after the last 3 days. Hmmm....
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Jonk 2 years ago
I'm like 70% humble and 30% feck it, hold my beer. I think you kind of have to be this way to make it as a cornmaster.
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Jonk 2 years ago
So many badasses on nostr. What made you that way? Do you even know. Where does it come from? Some kind of fire you have in you.