Cryptocurrencies

The Sunday Crypto Recap – Down the Rabbit Hole 74

We’re all trying to wrap our heads around new numbers…6 trillion being the standout…fiat is imaginary money and ever more clearly so. Does this guarantee a short term pump for Bitcoin? Nope. Is it incredibly bullish in the coming years? Yes and yes again. This will be the hardest hodl of your life but it almost certainly will turn out to b worth it.

As the globe settles into an extended period of lockdown/economic contraction – look beyond the headlines and perhaps focus on what the world may look like in 6 months or so…hint….Bitcoin will have a place.


Picks of the Week

This discussion of BTC mining and this off the cuff reaction to record levels of dollar printing. Finally this Bitcoin education in a tweet.


Twitter

If in doubt – hit the books (highly recommended):
https://twitter.com/DrBitcoinMD/status/1233406458093539329

Slow and steady:
https://twitter.com/VictorErem/status/1242345554849468416

Tongue in cheek but nonetheless interesting ‘Bitcoin proverbs’ (recommended)
https://twitter.com/SavedBySatoshi

How would you rather save? (recommended):
https://twitter.com/saifedean/status/1241421763336122368

All is not well in the money markets, history-making stimulus or not (recommended):
https://twitter.com/CaitlinLong_/status/1242562086632173568

An insightful reflection on bailouts correct:
https://twitter.com/Anders_/status/1243668601837694982

2020 life: https://twitter.com/ErikVoorhees/status/1243744947070619649


Articles

Will Bitcoin rise to the occasion?
https://medium.com/in-bitcoin-we-trust/bitcoin-will-emerge-as-a-response-to-the-crisis-in-which-the-world-is-settling-down-eafa885666c4

Much Ado About Bitcoin Price for Not Much (recommended):
https://medium.com/in-bitcoin-we-trust/when-hodling-bitcoin-theres-only-one-number-that-really-matters-12f1bbb8e09f

Is the legacy system crumbling? (recommended):
https://medium.com/@dergigi/dear-legacy-people-30034da666ab

COVID-19 isn’t to blame for the coming recession (recommended):
https://fee.org/articles/covid-19-isn-t-the-true-culprit-of-the-coming-recession/

Tim Draper put his money where his mouth is/was:
https://cointelegraph.com/news/billionaire-investor-tim-draper-quit-stocks-for-bitcoin-6-months-ago

Exploring widespread ‘policy stupidity’ in the modern age (highly recommended).
https://medium.com/incerto/the-intellectual-yet-idiot-13211e2d0577

What will emerge from the rubble of this global recession/shutdown?:
https://www.advisorperspectives.com/articles/2020/03/24/preliminary-thoughts-the-new-world-order

A succinct explanation of Quantitative Easing:
https://nuggetsnews.com.au/resources/basic-knowledge/what-is-quantitative-easing-qe/


Podcast

Discussing the relationship between Bitcoin mining and price (recommended):


YouTube

Focusing on opportunity not cost:


Pomp unpacks the possible ramifications of a $6 trillion stimulus package for BTC going forward:


Riding out the corona quarantine:


Another quality overview of a long-running project -ICON:


The ticking time-bomb of corporate debt (recommended):


Infographics

Not all Altcoin projects are equally funded – Tezos has some funs in the kitty (admittedly somewhat trimmed since the end of Jan):

https://twitter.com/crypto_bobby/status/1240799746564018177/photo/1


Nothing lasts forever:

https://twitter.com/matt_odell/status/1242252279635488768/photo/1


Website / Utility

Useful site for assessing miner profitability in times of volatile price action:

https://www.asicminervalue.com/


Once again, interesting times we live in – see your down the crypt rabbit hole. 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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