@idiosyncratic1 20 January 2022 more from that month

Good News - Bad News in Crypto Yesterday was an amazing day in which the president of El-Salvador proposed #Bitcoin loans for small businesses and he visited Turkey. While the #crypto loan part sounds nice for mass adoption, the problem might be the reliance of old banking system for cryptocurrencies while there are DAOs and De-Fi concepts already working flawlessly. If the loans are used by banks, will it give birth to paper #BTC ? Look at the case in precious metals and tell me: Are they in their fair value or are they surpassed by some people? I think they are far away from reaching their fair value due to paper forms of them. If papers are in, the valuation will be more controlled IMHO 🕵🏼‍♂️