What's my new most favorite non-KYC DEX to DCA buy Bitcoin with? RadFi.co with bUSD bridging in from USDC on Ethereum. Thanks for everything @THORChain but we're never looking back now.
I swear I'm being scammed on flight seat selections. Book a flight with two people and they charge me to sit together... book us separately and it's complementary - same basic cabin, fare and membership >.>
Reviewed "Is Bitcoin being Slowly Sabotaged" today:
Agree on seizure risk with custodians
Agree that IBIT buying doesn’t support the network
Disagree that capital gains is an issue, easy to work around
Disagree on BTC as a commodity being an issue - it just reflects its current usage and will be changed as usage changes. Also, USD stablecoins will accelerate adoption
As for tail emissions and HODL fees - real risks but will never pass imo, spam filters are a direct contradiction to the lack of fees problem.
Overall the analysis makes sense from a pure logic perspective, and ignores the human perspective. People putting non-money data on the network are the actual users who are transacting in Bitcoin.
Agree on Conclusion - Don’t trust, Verify
Facilitated a DEX purchase of Bitcoin on Bitcoin for a friend yesterday using RadFi, only needs a USD onramp and a single BTC wallet - no ETH or gas in between. Global USD accounts are going to be massive!
This is what happens in a fiat system underpinned by central banks price-fixing money - capital is mis-priced and mis-allocated, leaving all the world a gamble. Didn’t fact check the actual event tho.
There’s an incredible amount of energy and momentum in the world of Bitcoin infrastructure following on the heels of Treasury companies and regulatory clarity on stablecoins. Global USD accounts will only accelerate Bitcoin adoption.
Most people in the West don’t actually have a problem with property rights and transfers, hence Bitcoin adoption is more ideological. Asia/LatAm has real and recent concerns and is far more practical, with possibly a better product-market fit.