Bitcoins/Litecoins/Virtual Currencies

Just need a doge on HotD and tRoP. Musk wills it.

wormie said:

The dollar has not gained value since the spending stopped (did it really?). Under your hypothesis crypto should not have gained any value but it should not have lost any either yet it has. Saying bitcoin is a hedge in the face of a drop of 70% is silly.

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Dollar has gained value against other currencies, and lost value against real goods. The Fed has pulled liquidity out of the markets which has caused all risk assets to lose value. I don't understand your point here. Nothing about what I'm saying says what you seem to think it says

Mist said:

Not really, there's just less real goods (specifically food) to buy vs demand for those goods.

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We'll see, I would argue that price increases will be sticky even if supply chains were solved tomorrow. Guess we don't really know for sure yet

Long read about an in-depth investigation into tokenizing carbon credits in Brazil. Not going to be for everybody on this board (maybe not for anybody), but I found it very interesting. Might just be because I hold a lot of VET and vechain is making forays into this same thing in the Far East.

Like most articles, this one is skeptical/dubious (but fairly so) about the crypto industry, but like most of these articles if you read between the lines it feels quite bullish for crypto.

Anyone into DeFi enough to tell me about services like BIFI or similar to earn yield?

Things are going to get pretty wild if this is true. Attack on Bitcoin is coming.

Flobee said:

Things are going to get pretty wild if this is true. Attack on Bitcoin is coming.

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I've been sitting here trying to figure out why the crypto market was bucking the nadaq, instead of moving in lock step (like it normally does). This explains it.

Good book. Bad monetary policy.

Haus said:

I think I've been calling that for a while in the politics and Ukraine threads. Easiest way to replace SWIFT, just use a reliable cryptocurrency. Buy, transfer, sell quickly enough to avoid undue risk to market price shifts. It's backed by an immutable ledger, it's trackable. And it's not controlled by a governmental organization.

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Zenitco (Russian weapon parts manufacturer) takes BTC payment for American customers. Good chance your stuff will get nabbed by customs when it comes in to the country, but you can still try. Few other Russian based sites are the same way.

Bought my friend 150 rounds of nice subsonic 300 blackout ammo for his wedding, might just have to hold on to it