We present a thesis on how the value generated by decentralized applications (dApps) will distribute across the different layers of decentralized infrastructure supporting them, including blockchains, oracles, external resources, and the dApps themselves. smartcontentpublication.medium.com/how-dapp-value…
“Bitcoin has a crystal clear use case. It’s a hard money monetary system that is accessible to anybody and controlled by nobody. It works in the real world and it solves probably mankind’s biggest problem which is storing and exchanging value”
-@NickGiambruno
Very well put 👌🏻🎯
We are at a very interesting point in history, and it relates in big part to how we have structured the global monetary system for the past fifty years, and locally for Europe, the Eurozone for the past twenty years.
@CarterCPrice and I have a new working paper on income inequality in the US that includes a new way of handling CPS top-coding (#EconTwitter!).
It's gotten media attention and pushback. Why? It's to do with the nature of inequality research.
(thread)
rand.org/pubs/working_p…
@bvvbarreto@BChappatta central bank digital currency is PR for the central bank offering current accounts to the public, which will be the end of banking and the beginning of a Sovietised monolythic banking system with one bank, the central bank. CBDC likely has the ability to identify people, spending
Federal Reserve has been printing money and quantitative easing over and over again expecting different results.
Effect has been the same, consistently
- Creating greater wealth divide
- Making rich richer
- Making poor poorer
Opt out of this insanity, buy #Bitcoin
1/ Below is the @crypto_voices 2019 Q4 release on the global monetary base. This is the economically comparable money supply with Bitcoin's 21 million. #Bitcoin is currently the 🔥9th largest money in the world, ex-gold & silver. For more, follow on below. This is installment #7.
For those who might be wondering, “Where did the Federal Reserve get the $1.5 trillion they just committed to injecting?” A blast from the past explanation of how it all works. 💻🖱️🖨️
I've noticed a perverse pattern: people are happy in ignorance and disgruntled in knowledge. This is why the "information age" seems to have led to the opposite of its original expectations.
@Rhythmtrader Fiat world-
Government:
"Goin' to war folks"
50% of the Citezens: "Protect us from the baddies"
Bitcoin world-
Government:
"Goin' to war folks, That'll be $28k per household"
100% Citizens: "Blessed are the peacemakers"
Below, the number of DEVELOPED countries with a policy rate > US.
0 for the last 13 mos, longest streak in 65 yrs. Also the 1st time since Dec82 (37 yrs) the US has been the highest rate.
We are too high vs everyone else. Need global policy coordination, world forcing us lower
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DM is open for your dad's question.
Disclaimer: No financial advice. All content is for informational purposes only.
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