Cryptocurrencies

The Sunday Crypto Recap – Down the Rabbit Hole 42

A pinch of global chaos and a dash of price collapse salt makes for one hell of a crypto dish. Markets were rocked as US bond yields inverted – a reality that’s long been the case I other major bond markets. BTC as a hedge against global uncertainty failed to stack up at least in the short-term. My two cents – we are a full economic cycle from BTC (and only BTC) becoming established as a reliable counterweight to global market corrections. This is of course why a multi-year horizon (10+) will probably serve you best.

You may notice a focus on Litecoin – with competing perspectives on its future/investment potential offered. As there’s a lot of ground to cover this is something of a bumper issue. Enjoy!

It’s important to note that not every idea here reflects my own bias or opinion. If it’s here, it’s because it made me think.


Picks of the Week

A simple explanation of why the yield curve matters is very useful if you are somewhat fuzzy on the details. Also fascinating (though a slow burner) is the discussion of BTC/Alts in the context of this week’s market crash/correction.


Twitter

A defence of Litcoin’s development fugue by Charlie Lee:

Perhaps too early to call Bitcoin a risk-off hedge?:

Argentinians may well be buying Bitcoin but what do they really want to hold:

Goldman Sacks now offering guidance on Bitcoin?:

IOTA always seems to court controversy -here’s some more:

LTC halvening! Err..

EOS pep-talk by Brendan Blumer(recommended):

https://i.redd.it/dm91q0id5ng31.jpg

Blockchain applications you never knew you needed (you don’t :)):

Investment mindbender:


Articles

A brief examination of Chainlink:

https://www.techmerge.io/2019/08/05/chainlinks-potential-to-disrupt-ethereum-with-its-oracles/amp/?__twitter_impression=true

All is not well in Litecoin land – I lean towards this perspective:

https://www.trustnodes.com/2019/08/11/no-one-is-interested-in-working-on-litecoin-says-charlie-lee

Watch those investments or they may well just slip away – along with your capital (recommended):

The crypto news feed can be fun but a costly pastime too:

https://trybe.one/riding-the-crypto-fantasy-news-train

So what’s a yield curve anyway? (highly recommended):

https://www.bloomberg.com/news/articles/2019-03-22/the-yield-curve-is-inverted-remind-me-why-i-care-quicktake

Work ain’t what it used to be (no-crypto specific):

https://www.businessinsider.com/i-worked-three-low-wage-jobs-prize-efficiency-over-humanity-2019-8/?r=AU&IR=T


Podcast

A discussion of the past, present and future of BTC (strong bias towards BTC here):

https://podcasts.apple.com/au/podcast/matt-odell-co-founder-final-message-past-present-future/id1434060078?i=1000446350629


YouTube

A wide-ranging discussion of BTC/Alts and current market volatility (slow burner but highly recommended):


How Bitcoin works – from Techquickie a channel with 2.9m subscribers (recommended for those new to crypto and skeptical of its information feeds – perhaps rightly so):


Argentina’s currency and stock crisis a harbinger of things to come?:


Colin Talks Crypto – proves even the current EOS governance model can sometimes be prodded in the right direction:


Hilarious paean to EOS – great fun (recommended):


Infographic

Bitcoin has certainly moved up the money supply ranks:

https://twitter.com/Rhythmtrader/status/1159054913302777856/photo/1


Website / Utility

Track the spread and geographical dispersion of Bitcoin nodes in real-time:

https://bitnodes.earn.com/


Once again there was a lot to learn/digest/think on this week – I may have gained a few grey hairs too but such is crypto. As always looking forward to your comments and suggestions.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.

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