Spud web3 @spud_web3

This is my journey dribbling down the court, learning Web3 day after day Joined April 2022

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Spud web3 @spud_web3

3 years ago

Traditional server architectures are prone to crash, and managed by third parties who typically retain custody over user assets and data. Services running on blockchains can achieve 100% uptime, enabling a user experience that is consistent, seamless, and borderless.

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Spud web3 @spud_web3

3 years ago

A CBDC differs from our ‘digital dollars’ in that they are direct liabilities of the central bank, as opposed to a commercial bank

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Spud web3 @spud_web3

3 years ago

The IMF estimates about 100 countries have either rolled out CBDCs or are considering them

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Spud web3 @spud_web3

3 years ago

The central bank digital currency debate is a tough one. Does the US create one and prevent innovation? Or does it let the market sort itself out while China takes the lead

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Spud web3 @spud_web3

3 years ago

One benefit to having both Stablecoins and central bank digital currencies is the competition for adoption, which helps drive innovation

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Spud web3 @spud_web3

3 years ago

FTX founder made his initial nut on a simple arbitrage trade. BTC was trading for a 10% premium in Japan, so he set up a fund to capitalize. Logistically it was difficult but he was able to rake in $1.5 M per day