About meMainly a crypto trader these days, but am strongly interested in the real-estate market as well. I like to look at things holistically -- my "analysis" includes history, politics, culture, and philosophy. Price is just one thing going on, out of many.
Modern Monetary Theory (MMT) is not a "magic money tree" like a lot of (privledged) people say it is. The money for it comes from:
- Leveraging the US Dollar's credit rating in exchange for short-term loans
- Collateral from debt and related interest rates
- Increasing the gap between inflationary assets (whom lean in favor of the wealthy) and labor wages,...
The project that manages to streamline escrow services for high value transactions are likely to take the throne in the DeFi space in the near future. But that involves establishing enough of a reputation and trust for people to feel comfortable putting their money in. Who will be the first to take it?
Many experts out there are coming to the consensus that we're due for a period of high inflation in the near future. The future of the US real-estate market looks uncertain, as well.
If the Federal Reserve does nothing in response to inflation (as they've been saying the last few months), it accelerates the trends of people leaving from the big cities, making a...
So one of my daily rants got long enough to warrant a Medium post. Whether you agree with it or not, I think I do have a plan mapped out for myself, at least financially speaking.
The tl;dr is that underlying trends don't really look good for the US real-estate market right now, despite record high gains in the last few years. Or maybe it's more accurate to say...
If you happen to live in NYC (home of Wall Street and all thing money-related) voting for Andrew Yang for Mayor is your best bet. The best way to protect crypto from bad government regulations is to get involved with the process directly.
Andrew Yang was talking about crypto since 2013, way before any of us even was...
Tools and Practices for Inflation Down
Print Less Money
Encourage People and Institutions (inc. Government Spending) to Save Rather than Spend
Raise Interest Rates on Loans and Savings Account
Bring Down Costs of Basic Goods (Real-Estate, Healthcare, Education, Food, Supply Chain Companies)
Why This Isn’t Likely to Happen in the Near Future
Inflation hits 5%, much higher than anticipated, even for the analysts out there. There are good reasons to think that this could be good for "alternative assets" like crypto, and "meme" stocks like GME/AMC.
I've run both mining rigs and am currently running a ETH2 validation node, just because I was curious as to how it was going to work. Here's a side by side comparison between Proof-of-Work and Proof-of-Stake based on my experience.
Also El Salvador adopts Bitcoin as its reserve currency. A big day for BTC!
The two main ways people store their crypto assets is either through exchanges or cold storage or self-storage methods like USB sticks or online storage sites like MyEtherWallet, etc.
The pros and cons of both, and some tips to get the most security out of both ways.
What makes the crypto space exciting this year (and also a little scary) is that individual coins have been popping off, independent of what Bitcoin is doing. If BTC is king, it's losing its grip on power as the ecosystem matures and that is also reflected in the numbers as well.
Did a quick vid on the coin with the latest hype, Polygon/MATIC. I get a lot of spam regarding new coins but after doing some research I came to the conclusion that it has something going for it. The short list:
- Has support from Marc Cuban
- Solves a real problem (high fees)
- Is already in use, has real users/developers
- Founders are immigrants (this is a...
“One of the biggest problems I’ve found with our project is not the technical problems, it’s problems related with people,” Vitalik Buterin said in a recent interview.
Why the scalability problem isn't easy to solve, and why people's political outlooks will affect the outcomes of the crypto race in the next few years.