This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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“Rich Dad Poor Dad” author Robert Kiyosaki believes those holding gold, silver and Bitcoin will get richer when the Fed/Treasury decides to pivot from de-inflationary tactics to printing trillions of dollars instead, causing the value of the US dollar to decrease for those saving fiat instead.
Kiyosaki has been a fervent adversary of the Fed, Treasury, and Wall Street stating he does trust them, also claiming the U.S. is still headed into a economic disaster, with the U.S. pension crisis possibly becoming the “next global Lehman”.
This man has written one of the most popular financial books of all time, so I think everyone should at least do a little research based on his advice. Gold and silver are always a good thing to invest in, based on historical value increases. Bitcoin, aka “digital gold”, is a deflationary currency and Kiyosaki’s stance makes sense. BTC price has been going down so it’s best to buy on discounts currently before it inevitably increases!
Written by: nikethereum.eth / Medium / Mirror
“Rich Dad Poor Dad” author Robert Kiyosaki believes those holding gold, silver and Bitcoin will get richer when the Fed/Treasury decides to pivot from de-inflationary tactics to printing trillions of dollars instead, causing the value of the US dollar to decrease for those saving fiat instead.
Kiyosaki has been a fervent adversary of the Fed, Treasury, and Wall Street stating he does trust them, also claiming the U.S. is still headed into a economic disaster, with the U.S. pension crisis possibly becoming the “next global Lehman”.
This man has written one of the most popular financial books of all time, so I think everyone should at least do a little research based on his advice. Gold and silver are always a good thing to invest in, based on historical value increases. Bitcoin, aka “digital gold”, is a deflationary currency and Kiyosaki’s stance makes sense. BTC price has been going down so it’s best to buy on discounts currently before it inevitably increases!
Written by: nikethereum.eth / Medium / Mirror
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