Daily Top 10 Tweets
The bitcoin life raft
|Kurt Grela||Apr 6|
We've officially crossed 100+ billion dollar crypto networks for the first time ever. 🚀🚀🚀 source: onchainfx.com
. Looking fwd to a blowout 1Q when results hit 4/6. Based on public data we forecast $1.99B in revs (up 240% QoQ, ) and 75% op margin, reflecting a slight incr in the retail mix. Disclosure: owns COIN shares
NEW: Bitcoin’s Lightning Network has grown to some 10,000 active nodes, nearly doubling from this time last year. The network’s total capacity is now $69 million. reports
We're now entering point in cycle where projects are starting not for the technology, but for cash-grab. See The one real downside in an industry that can rewards projects/developers (coin issuance) without delivering anything substantial or proving it out.
After losing an epic battle with Mark Zuckerberg over ownership of Facebook and being shunned in Silicon Valley, CAMERON and TYLER WINKLEVOSS are back—this time as budding Bitcoin billionaires at the center of the future of money trib.al/DJE6K68
Today marks the second highest $BTC daily close ever. We are a 3% pump away from fresh all-time-highs.
STX Token Doubles in a Day, as South Korean Retail Traders Come Online. finance.yahoo.com/news/blockstac… via
1/ In recent months there’s been a growing number of questions around the possibility of a $BTC ETF in the US. Today we published a blog post to provide clarity and context on what such a development would mean at Grayscale and for $GBTC
Remember my Bitcoin life raft video? It was prompted by talk from the IMF of a new Bretton Woods. Well, here is Janet Yellen talking of the same. The general idea, as far as I understand, is a global fiscal initiative to drive concerted global growth, whilst keeping FX stable.
Secretary Janet Yellen @SecYellenAs I prepare to meet with my colleagues from around the world this week at the IMF and World Bank Spring Meetings, I find myself thinking back to the policymakers who gathered in Bretton Woods a year before I was born to define our post-war order.
But, keeping all FX rates stable while undertaking huge fiscal spending doesn't protect all of the fiat currencies combined from debasement. Debasement is the enemy, and an overhaul of the global economy is the prize. It's a fine line. We can hedge the risk with Bitcoin.
And global growth could be unexpected prize as stimulus drives economies to modernise, digitise and re-tool for the future. It is possible but far from certain. But I think the bet of BTC + Technology investing (including digital assets) will be the best way to prosper.
The Fourth Turning is upon us. Expect everything to change. I get the feeling the next 10 years will be nothing like the last 30 years and the asymmetric risks are now skewed to the upside and not downside, but downside risks are not eliminated, of course...
Satoshi Nakamoto trolled the government by setting their birthday to April 5th. A seemingly random date at first, right? But on April 5th, 1933, an executive order was issued that made gold ownership illegal for citizens. fixed this.
The Graph can't stop, won't stop growing! 🚀 In March the hosted service processed ~19B queries, over 600M queries per day. Web3 is here to stay 👩🚀