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Almost everything relating to blockchain, tokenization, stablecoins is being built on private blockchains by companies with way more inertia, financial and political power so their "the world will move on chain" thesis might be somewhat right but their stupid coins aren't going to profit from it.
This is the part that boggles my mind.
All of this jargon about "blockchain"... the entire reason for the complicated apparatus is that Satoshi was trying to solve the trust issue of decentralized money.
If we're just gonna use centralized services we don't need any of it.
It really mystifies me when people talk about "blockchain" and "tokenization" in the context of centralized services. Perhaps all they're referring to is inter-operability standards between banks?!
Probably a lot of short term traders fade his buys because they know that whale demand isn't coming back into the market for x amount of days.
that seems believable.
Re: silver. I had a dream I pawned (or sold? not sure) my silver neckless last night!
It's a DCA strategy price doesn't matter. They "generate" cash, they buy. Probably a lot of short term traders fade his buys because they know that whale demand isn't coming back into the market for x amount of days.
Bitcoin has a number of headwinds right now.
This is a lot to battle all at once but on the bright side people's attention spans are quite short so perception can change pretty quick. Not saying it will, but it can.