Reading old books to understand new machines.
London, innit
Joined September 2009
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Great to see @modenetwork supporting @StableBattle - fun game with prize money powered by DeFi, and a top team behind it.
4️⃣ Stablebattle
A medieval real-time mass PvP tournament game with a prize pool generated from onchain yields, introducing its own new DeFi category: Playable DeFi.
X handle ❯❯ @StableBattle
Ethereum is already becoming become an important part of mainstream finance via tokenisation - starting with tokenisation of the dollar (already at $90bn). This video is a quick and accessible summary...
At the @SohnConf, @nshalek of @RibbitCapital made an investment pitch for $ETH in front of institutional investors.
He discussed tokenization, DeFi, stablecoins, upcoming ETF, and ETH's potential for an emergent store of value.
Here's the must watch 7 minute clip:
Sharif Sakr retweeted
Even the most basic BTC-Stablecoin liquidity pools are delivering average yields of 20% thanks to healthy levels of DeFi activity. Plus, with new projects like @bouncebit, @build_on_bob, @MezoNetwork on the near horizon, the role of Bitcoin in DeFi is looking stronger than ever.
Recommended reading: the latest annual report from @brcapital_fund, covering milestones hit and opportunities ahead in #bitcoin and #Web3 in 2024: br.capital/annual-report/
Sharif Sakr retweeted
FASB has officially adopted Fair Value Accounting for #Bitcoin for fiscal years beginning after Dec 15, 2024. This upgrade to accounting standards will facilitate the adoption of $BTC as a treasury reserve asset by corporations worldwide. fasb.org/page/getarticle?uid…
It’s entirely possible that the €Euro will take its “last gasp” before Bitcoin does. Regional political backing is less of a guarantee than the internet. cointelegraph.com/news/bitco…
Congressman: Suppose I were to purchase a Pokémon card, would that be a security transaction?
Gensler, SEC: If you're purchasing a Pokémon card at a retail store, that's not a security.
Congressman: If I were to purchase a tokenised Pokémon card on a digital exchange...
I cross-examined @SECGov Chair Gary Gensler about the term 'investment contract', which is key to determining his authority over crypto.
Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are deafening and damning.
We're at a low point in the history of central banks. Here's an evidence-backed takedown of the latest theological absurdity to come out of the @bankofengland priesthood: youtube.com/watch?v=PlCQu0L-…
I’m at a crypto meetup in #Tbilisi, Georgia! There’s a big community here of merchants, exchanges, startups and developers, all living in a city where crypto transactions are already ordinary. Nice to see @BinanceBCF doing projects outside the capital too. – at Georgia
Unexpectedly strong traction for the first @StableBattle mass PvP tournament - the first playable (fun) blockchain game with self-sustaining prize money mechanics. Thread with key stats... youtube.com/watch?v=xASV5H8s…
The biggest single prize money pay-out was $46. It's not the amount, but the thought that counts! Once competitive players experience this, how will they go back to games that drain cash and give nothing back?
1400 player deaths in a single hour, which is an outlandish mortality rate. But 85% players came back for more than one match. ⚔️ #GameFi #gamedev #p2e #BUIDLing #madewithunity
Proud to announce the first @StableBattle alpha mass PvP tournament tomorrow (Sunday)! Here's a quick explainer of what makes the game special and how to access the tournament: linkedin.com/pulse/stablebat…
Three fundamentals of Bitcoin price, hopefully useful for @BloombergTV commentators and others who say there are no such fundamentals:
2/ Medium-term utility for generating yield (akin to “interest”) from other people's use of the Bitcoin blockchain, eg by using your BTC holdings to support the #LightningNetwork for cheap, rapid, bankless payments. (I think Ethereum is further ahead on this.)