I am working with students who trade equities and futures and we need to trade crypto as well. Who do I get a wallet with? Who do I clear if that is the proper terminology? These students trade a fund of $3m and annually return around 10%-15% each year.
You can say it is conjecture, but the fact is that Sam Bankman-Fried paid too much attention to politics rather than doing what he was supposed to do to run his company.
It is no coincidence that during the peak of cryptomania surge I had accounts at seven or eight different exchanges and even though I had an account at ftx, I never once put a dollar there or made a trade through them, because I just couldn't quite put my finger on it, but I didn't like their overall platform and a few other things about the company.
It is inevitable that once people actually exercise some critical thinking skills they will realize that electricity used for digital currency uses a fraction of the carbon footprint of what current currency uses when taking into account all the pollution and fuel necessary to deliver paper and ink for paper currency, run the presses for and mine for the metals for metal currencies and the labor, as well as the use of resources, is a spectacular waste compared to digital currency.
Also a rarely examined component of the benefits of digital currency versus paper or is the reduction of crime in socioeconomically impoverished communities with high violent crime rates. Take for example the single mother who's raising kids and coming home from her second job off public transportation late at night on a weekend night and some idiot pulls a gun on her and demands her money. She can tell him she has no soggy sweaty money in her bra or socks, and while he can try to demand her phone and password she can simply tell him because it's the US it's kyc protected and you would have to admit to committing a crime in order to access it which would be stupid even for a crook like you so do me a favor and let me hit the 24-hour corner grocery store to pick up stuff for my kids at home and wait 10 minutes and rob them instead of me because they have plenty of cash and I do not.🤔😄
Are we looking at another bear market rally or have we hit the bottom? Your opinion?
Hi Jeff, another great article. I really enjoy your insights. Thanks
Wojo
I am working with students who trade equities and futures and we need to trade crypto as well. Who do I get a wallet with? Who do I clear if that is the proper terminology? These students trade a fund of $3m and annually return around 10%-15% each year.
You can say it is conjecture, but the fact is that Sam Bankman-Fried paid too much attention to politics rather than doing what he was supposed to do to run his company.
It is no coincidence that during the peak of cryptomania surge I had accounts at seven or eight different exchanges and even though I had an account at ftx, I never once put a dollar there or made a trade through them, because I just couldn't quite put my finger on it, but I didn't like their overall platform and a few other things about the company.
It is inevitable that once people actually exercise some critical thinking skills they will realize that electricity used for digital currency uses a fraction of the carbon footprint of what current currency uses when taking into account all the pollution and fuel necessary to deliver paper and ink for paper currency, run the presses for and mine for the metals for metal currencies and the labor, as well as the use of resources, is a spectacular waste compared to digital currency.
Also a rarely examined component of the benefits of digital currency versus paper or is the reduction of crime in socioeconomically impoverished communities with high violent crime rates. Take for example the single mother who's raising kids and coming home from her second job off public transportation late at night on a weekend night and some idiot pulls a gun on her and demands her money. She can tell him she has no soggy sweaty money in her bra or socks, and while he can try to demand her phone and password she can simply tell him because it's the US it's kyc protected and you would have to admit to committing a crime in order to access it which would be stupid even for a crook like you so do me a favor and let me hit the 24-hour corner grocery store to pick up stuff for my kids at home and wait 10 minutes and rob them instead of me because they have plenty of cash and I do not.🤔😄