Totally agree - and that can all be done with a time-stamp server and a ticketing application without a single coin or token tied to any of it.
OT: Bitcoin, Altcoins, NFT's & All Things Crypto
- Thread starter bob-loblaw
- Start date
It would be interesting if the inefficiency of blockchain management is what drives scarcity and value inflation the most. If a better blockchain platform came out, why would bitcoin hold any value? As soon as demand turns negative, deflationary pressures will kick in.
Its like people paying for more broadband then they need because the service is so crappy. Nice business to be in.
I have not looked at collectible.com but almost every one of these fractional ownership arrangements do not result in fractional ownership of the actual art or memorabilia. What you are buying is fractional ownership in the company/entity that owns the art of memorabilia. Huge difference.
You keep making the wrong argument over and over. Naming Bitcoin fractional amounts does not in any way shape or form change the amount of bitcoin, no matter how many decimal points you want to go out to. There is still just 21M. Bitcoin has always been fractionalized, this is not a change no matter how many names you come up with for it.
No one is disagreeing that creating more bitcoin would impact its value. We all agree on that. Separate these two thoughts and you’re on the right track.
I haven’t listened to the full episode yet, I will in a few days, but this has been all over my feed. A clear, concise example of the use case of stable coins.
SOL dropping quite a bit during this crypto dip (as compared to other alts). Making me want to add, but I have quite a bit already.
National crypto panel announced:
Trump announces slate of tech appointments, ‘crypto council’
Trump announces slate of tech appointments, ‘crypto council’
If you like Fartcoin, boy are you going to love Unicorn Fart Dust…
YouTuber's meme coin Unicorn Fart Dust hits $240 million market cap in just 48 hours
Unicorn Fart Dust meme coin skyrockets to a $240M market cap in 48 hours, reflecting meme coin volatility and community dynamics.
cryptobriefing.com
On Coinbase yet? :)If you like Fartcoin, boy are you going to love Unicorn Fart Dust…
YouTuber's meme coin Unicorn Fart Dust hits $240 million market cap in just 48 hours
Unicorn Fart Dust meme coin skyrockets to a $240M market cap in 48 hours, reflecting meme coin volatility and community dynamics.
Holding out for Queefcoin!🤣If you like Fartcoin, boy are you going to love Unicorn Fart Dust…
YouTuber's meme coin Unicorn Fart Dust hits $240 million market cap in just 48 hours
Unicorn Fart Dust meme coin skyrockets to a $240M market cap in 48 hours, reflecting meme coin volatility and community dynamics.
2025, year of the stablecoin. He estimates $1T of “drag” could be pulled out of the financial system using stablecoins in place of the current rails.
Not too many ways to play this since it’s dollar pegged, but more money on chain is never a bad thing. I’m not a fan of keeping money on centralized exchanges but Coinbase continues to offer 4.75 apy on USDC staking. I’d imagine this holds or goes up as use increases.
Not too many ways to play this since it’s dollar pegged, but more money on chain is never a bad thing. I’m not a fan of keeping money on centralized exchanges but Coinbase continues to offer 4.75 apy on USDC staking. I’d imagine this holds or goes up as use increases.
Probably helps out ETH the most since it supports the largest amount of stable coin volume.
That’s the million dollar question. Eth started earlier so it had the bigger TVL, but it’s losing ground pretty quickly. Despite the lower TVL, Solana did more transaction volume in 2024, so you can see where using its rails might be more beneficial. If Eth ever fixed its gas problem they’d be the easy winner but that doesn’t seem to be feasible.
ETH need danksharding and verkle trees to compete with the new L1s. Maybe by the end of 2025? Not sure on timelines.
@Rutgers Chris
Update on the SOL ETFs. The first deadline is Jan 25, which is pretty much off the table. However, maybe approval in March? If yes, time to increase the stack? :)
www.dlnews.com
Update on the SOL ETFs. The first deadline is Jan 25, which is pretty much off the table. However, maybe approval in March? If yes, time to increase the stack? :)
Four Solana ETFs are about to hit their approval deadlines. Here’s what analysts say will happen
The SEC’s first deadline to approve four Solana ETFs is coming up fast. However, experts say key issues may block their approval.
www.dlnews.com
They seem to be on track to be approved. Unlike the Bitcoin and Eth ETF’s, Solana won’t have the overhang/sell pressure from the large trusts like the other two had to deal with.@Rutgers Chris
Update on the SOL ETFs. The first deadline is Jan 25, which is pretty much off the table. However, maybe approval in March? If yes, time to increase the stack? :)
Four Solana ETFs are about to hit their approval deadlines. Here’s what analysts say will happen
The SEC’s first deadline to approve four Solana ETFs is coming up fast. However, experts say key issues may block their approval.
That's a very good point regarding the trusts. No Grayscale outflows to deal with. Should be just new demand.
