How do people in developing countries use stablecoins when network fees take a small chink chunk out of what is being sent? Do people simply wait for network fees to drop to a low enough point?
Anyone else thinking there is going to be a massive dump in bitcoin price should GBTC be converted to a spot ETF? I suspect a large number of bag holders are going to sell once the price / NAV gets close to 0%.
On yesterday's live stream of the @Canadian Bitcoiners Podcast, we had a troll show up in support of Drivechain.
VC money is buying a lot of support from people.
Egypt joining BRICS is bigger than a lot of people realize. The Suez Canal is under control of Egypt, which makes them a strategic partner in the world of international transportation.
I'm giving myself a refresher in the C programming language, as I am interviewing an absolute legend in the programming world next week on the @Canadian Bitcoiners Podcast
C is still my fav language given how much time I spent using it over the years.
I've been calling for the end of Binance for a while.
I questioned if BUSD is fully backed 1:1. This shitcoin is winding down to $0.
The price of BNB is being support by selling off BTC and shitcoins.
Binance is on shaky ground. Be ready for a golden opportunity to stack cheap sats.
SpaceX selling some / all of their bitcoin holding is part of the game. If you boil down bitcoin to its core, it is sending bitcoin from Bob to Alice. This is exactly what SpaceX did - sent bitcoin to an exchange and received (presumably) USD.
Just think about how much purchasing power the USD lost since bitcoin hit the ATH of $69K in Nov 2021.
In order for bitcoin to break that ATH in terms od purchasing power, it may need to get past the $80K mark to truly be higher in value.
Rent / mortgage payments up
Crime up
Cost of food up
Fuel price up
Jobless rate up
There is no metric of improvement when looking over the last couple of years. This is what happens in a broken money system that favours the few at the expense of the many.