I want to know more about the history of “rekt” @web3phsummit https://www.instagram.com/p/CkTxqMBS0uh/?igshid=NGJjMDIxMWI=
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Went to an amazing #cryptoevent @web3phsummit and they had this amazing wall. Will post some of the crypto terms for all you newbies after this post. (at Draper Startup House Manila) https://www.instagram.com/p/CkTw9h1SkJ-/?igshid=NGJjMDIxMWI=
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Don’t forget! Percentages will take your money 🤯 (at Papaya Playa Project) https://www.instagram.com/p/Cdj8B8DO6Q7/?igshid=NGJjMDIxMWI=
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As I’ve grown older, I’ve learned that pleasing everyone is impossible, but pissing everyone off is a piece of cake. 😅😂 https://www.instagram.com/p/CdeOnmZOypM/?igshid=NGJjMDIxMWI=
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New video posted by Masha who does PR for NFTs: https://youtu.be/JKLoVvNYVjY (at Cleo Tulum) https://www.instagram.com/p/CdQN9WcuAY1/?igshid=NGJjMDIxMWI=
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True or false: New-wave IOU and rippling credit systems begin to take off. The crypto mainstream has perpetuated some pretty regressive ideas about money for the last 10 years by fixating on a commodity paradigm, but by far the most interesting new experiments in money involve finding new ways to create horizontal networks of promissory IOUs between people. -Brett Scott (at Mexico City, Mexico) https://www.instagram.com/p/CcuYjqWuI9g/?igshid=NGJjMDIxMWI=
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Heard of Handshaking.com? Apparently they sell lead generation websites that can make you passive income from selling the leads to contractors. Has anyone bought a site from them?
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Need You Now -- Carda, Keeks (Travel Music Video) **Drone Footage March ...
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Pepas -- David Guetta (with Bogota & Cartagena Colombia: Drones, Timelap...
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#Crypto #tokens like #bitcoin do not fundamentally challenge the #monetary system, given that they depend on the monetary system to give them a price, but that #price does enables them to be counter-traded (the process of swapping one thing for another via their #monetary price). There is a new age of countertrade emerging, but #cryptoenthusiasts keep mistaking it for a new age of #money. -Brett Scott (at El Salvador, Centroamérica) https://www.instagram.com/p/CbI-3zKvjRj/?utm_medium=tumblr
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Brett Scott (@suitpossum) thinks so: “It’s fashionable for futurists to predict the demise of physical cash, but digital infrastructures are insecure in a world in which climate change is bringing ever more extreme weather events. The fact that “cash doesn’t crash” means that it is far more resilient than digital money, and it will be around for a long time into the future. Digital is massively overrated. -Brett Scott, author of “The Heretic’s Guide to Global Finance: Hacking the Future of Money.” …but what if they print more? (at Gran Hotel Costa Rica Curio Collection by Hilton) https://www.instagram.com/p/CaVswygrEdm/?utm_medium=tumblr
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“Within a decade, #fiat #currencies will be in severe decline, brought on by their own self-immolation, and hastened by the existence of sound, market-based alternatives.” - @ErikVoorhees, #founder of @shapeshift_io #crypto (at Switzerland) https://www.instagram.com/p/CZ-W5nCrSBt/?utm_medium=tumblr
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Mordor central banking system does not create wealth, only the perception of wealth. The “Great Concentration” of fiat wealth and “Great Redistribution” from fiat to crypto wealth are happening in parallel this decade. -Dovey Wan (@doveywan_2 ) (at Medellin, Colombia) https://www.instagram.com/p/CZxFSckpMQr/?utm_medium=tumblr
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The DeFi matrix may be to the 2020s what the social graph was to the 2010s. Once every asset can be represented in a digital wallet – bitcoin and ethereum, yes, but also CBDCs [central bank digital currencies], stocks, loans, bonds, etc. – all these billions of assets will trade against each other every second of every day around the world. This table of pairwise trades is what I call the DeFi matrix. Some of the cells in the DeFi matrix, like BTC/USD, have tremendous liquidity across many order books. Others, like a recent NFT [non-fungible token] vs. a new token, may only have what an AMM [Automated Market Maker] can give them. But all financial markets can be reduced to sub-matrices of the DeFi matrix. The traditional stock market will be CBDCs vs crypto equities. The forex market will be CBDCs vs CBDCs. And the fiat/crypto markets will be BTC/USDC and the like. -Balaji Srinivasan – investor, former chief technology officer of Coinbase and general partner at a16z @balaji_srinivasan (at Singapore, Singapore) https://www.instagram.com/p/CZbNTgoO8nB/?utm_medium=tumblr
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This is the prediction! “Digital objects are becoming as commonplace as emails, and programming literacy is akin to reading literacy. I expect in the coming years people will be creating hundreds of tokens a year, all of which will have price discovery, be tradable and have multiple financial attributes. Similarly, being able to write, read and interact with smart contracts that make this possible will be a skill that increasingly more people have to participate in the economy. This means that money will become less abstract – some number in some box – and far more tied to our digital labor and self-expression.” -#LexSokolin – head economist and co-head of DeFi/fintech, #Consensys (at Austin, Texas) https://www.instagram.com/cryticryptoinvesting/p/CZIQAg2rcd8/?utm_medium=tumblr
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Crypto spurs wealth redistribution Mordor central banking system does not create wealth, only the perception of wealth. The “Great Concentration” of fiat wealth and “Great Redistribution” from fiat to crypto wealth are happening in parallel this decade. -Dovey Wan @doveywan (at Playa Bonita, Limón) https://www.instagram.com/cryticryptoinvesting/p/CZF31oJLqir/?utm_medium=tumblr
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Today, it’s often said that money has three primary functions: a store of value, a medium of exchange and a unit of account. But more than that, money is often seen as a reflection of how much you are worth to this world and how much that coffee is worth to you. Money is value. But as I look around, I see the concepts of money and value becoming less and less intertwined. -Taylor Monahan, founder and CEO, MyCrypto @taylormonahan https://www.instagram.com/p/CY-e-JhL5c-/?utm_medium=tumblr
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