One of the few strategies that stands the test of time is to trade against mainstream media.https://twitter.com/whalepanda/status/1022194354025390080 …
-
-
Replying to @QWQiao
Short eth?
Rekt
Like shorting Apple in 2008 at the dawn of the App Store4 replies 1 retweet 29 likes -
Except Cryptocurrencies are Money not Equity... And Money is winner-take-most if not winner-take-all...
2 replies 0 retweets 11 likes -
Replying to @MustStopMurad @garrytan
I still haven't seen a convincing first-principled argument why money is a winner take all. Just because it was the case for gold doesn't mean it'll be the case for crypto-currencies.
7 replies 1 retweet 14 likes -
Money is a means of reducing anxiety about the future. Money is what's the most liquid, recognizable, marketable and salable and likely remain so. If BTC is 10T and another coin is 1T... you're likely to just push into the 10T one
1 reply 0 retweets 3 likes -
Replying to @MustStopMurad @QWQiao
It’s all of those things plus utility.
2 replies 0 retweets 1 like -
I think when it comes to money, what Murad described *is* utility. If one thinks cryptocurrencies are money, it is *incredibly* hard to defy the SoV --> MoE progression. This isn't really a tech disruption thing, its economic theory and psychology thing.
1 reply 0 retweets 2 likes -
^this guy gets it
2 replies 0 retweets 0 likes
people are thinking of cryptocurrencies ad software platforms... big mistake because they are money first, software second
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.