Cryptocurrencies

The Sunday Crypto Recap – Down the Rabbit Hole 88

Bitcoin seems happy to cruise for now. Up, down or sideways from here – I lean to the downside but with no conviction whatsoever. Given this absolute price apathy dollar-cost averaging seems the way to go. DeFi tokens continue to make mighty gains  – well worth digging into the tech side of things. As for yield farming – experts only. The US seems well on its way to mishandling COVID-19 – again…what could go wrong?


Picks of the Week

Once again so much worth highlighting. This insightful thread highlighting the road to Bitcoin adoption. Don’t miss this tour de force discussion of BTC with Vijay Boyapati. Also well worth the time invested this outline of the dollar milkshake theory and this considered rebuttal of it. 


Twitter Comment

A few benefits of hodling BTC (recommended):
https://twitter.com/CitizenBitcoin/status/1275995925974937600

Plotting Bitcoin adoption (highly recommended):
https://twitter.com/Croesus_BTC/status/1271165665236246529

Why hodl BTC?:
https://twitter.com/pierre_rochard/status/1277826135347408896

Adam Back on BTC pullbacks and buy-ins (recommended):
https://twitter.com/patrickrooney/status/1277959607521067008

DeFi tokenomics – a thread (highly recommended):
https://twitter.com/RyanWatkins_/status/1277667147993567237

A thread examining whether or not w are in a DeFi bubble (highly recommended):
https://twitter.com/davidiach/status/1277382748248969217

Kudos to Vitalik?:
https://twitter.com/LUKACACIC/status/1277004080339132418

Chinese crypto market is buzzing:
https://twitter.com/lawmaster/status/1278179448504954881

FED members free from bias?:
https://twitter.com/jessefelder/status/1275440065573867520

Keep that wee mind fit (non-crypto specific but recommended):
https://twitter.com/jposhaughnessy/status/1277091801434906632


Articles

The secret to hodling BTC (recommended):
https://medium.com/in-bitcoin-we-trust/the-biggest-secret-nobody-tells-you-before-you-start-hodling-bitcoin-db113ddb0c8b

Tracing the path to a one trillion dollar market cap:
https://www.forbes.com/sites/billybambrough/2020/06/28/perfect-storm-can-push-bitcoin-market-over-1-trillion-research-reveals/#2b16289064d3

The world economy needs Bitcoin more than BTC needs the world economy:
https://medium.com/in-bitcoin-we-trust/hard-money-like-bitcoin-is-essential-to-stabilize-the-world-economy-8c1d976760b4

A deep dive into Eth’s EIP-1559:
https://insights.deribit.com/market-research/analysis-of-eip-1559/

DeFi protocols are still very leaky indeed:
https://www.theblockcrypto.com/linked/69785/balancer-pools-drained-of-more-than-450000-due-to-an-exploit-connected-to-deflationary-tokens

A second great depression? (recommended):
https://www.theatlantic.com/ideas/archive/2020/06/second-great-depression/613360/



Podcasts

A truly excellent exploration of Bitcoin’s value proposition highly recommended):

  https://open.spotify.com/episode/2wjucVn2EUcu9Lw13W4Aeq


Pensions face a host of challenges but there’s opportunity too:

https://open.spotify.com/episode/3NSG1C9QShsi50us0dZSny?si=s5DZrzIrR_qE_DGzTMLygQ


Hodling BTC profoundly changes your perspective on saving (highly recommended):

  https://anchor.fm/5-minute-crypto-podcast/episodes/Five-Minute-Crypto–The-Bitcoin-Hodler-Rabbit-Hole–Saving-eg06bl/a-a1pvsb


YouTube

 Will DeFi take crypto mainstream?


DeFi attacks -a brief overview (recommended):


The mad mad world of DeFi  – fascinating but be very wary indeed -DYOR! (recommended):


Early days but this looks like a hardware wallet you would want:


Dollar strength may just be beginning – The dollar milkshake theory (recommended):


A considered rebuttal of the dollar milkshake theory (recommended):


The great con of central bank printing:


Infographics

BTC has importance well beyond the ‘number go up’ meme:

https://twitter.com/gladstein/status/1275901917579763712


Eth DeFi network continues to expand:

 https://twitter.com/IOSGVC/status/1277546351295737857/photo/1


This is fine:

https://twitter.com/NorthmanTrader/status/1276833063499169793/photo/1


Website / Utility

Curious about where particular cryptos are popular? Here you go:

https://www.blockchaincenter.net/cryptocurrency-world-map/


As always, looking forward to your comments and suggestions. Until next we meet down the crypto rabbit hole!


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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