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Wednesday 12 June 2024 03:32:05 GMT
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2024-07-22 01:44:44
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I completely believe the mark of the beast comes through a crypto stablecoin. We break down what is actually backing these coins inside the group. Link in bio or skool.com/coinpicksgenesis. A dollar a month. So let me walk you through the mechanics behind why I think that. Stablecoin adoption is growing fast right now. Every stablecoin is supposed to be backed one to one, meaning for every coin they issue there's a real dollar sitting behind it. But they're allowed to hold that backing in US Treasuries instead of cash, because a Treasury pays yield. So if USDC issues a million dollars worth of USDC for customers to use, they're holding a million dollars in US government debt and getting paid interest on it. That is the business model. You use the coin, they collect the yield. Which means the more stablecoin adoption grows, the more US debt is getting bought. Now here's the part that actually matters. The Federal Reserve does not issue a digital dollar. But if you look at the real mechanics of USDC and USDT, they display most of the characteristics of a central bank digital currency, which is digital money that can be tracked, paused and controlled from the top. And the biggest one is this. The issuer can freeze your coins. That's not a theory. Tether has already frozen wallets tied to sanctioned addresses, and once your balance is frozen there is nothing you can do about it. So whether you agree with me on the mark of the beast part or not, take this piece with you. A stablecoin is a dollar that somebody else can switch off. Know that before you park your money there, and know exactly which of the things you hold cannot be switched off by anyone. I completely believe the mark of the beast comes through a crypto stablecoin.
I completely believe the mark of the beast comes through a crypto stablecoin. We break down what is actually backing these coins inside the group. Link in bio or skool.com/coinpicksgenesis. A dollar a month. So let me walk you through the mechanics behind why I think that. Stablecoin adoption is growing fast right now. Every stablecoin is supposed to be backed one to one, meaning for every coin they issue there's a real dollar sitting behind it. But they're allowed to hold that backing in US Treasuries instead of cash, because a Treasury pays yield. So if USDC issues a million dollars worth of USDC for customers to use, they're holding a million dollars in US government debt and getting paid interest on it. That is the business model. You use the coin, they collect the yield. Which means the more stablecoin adoption grows, the more US debt is getting bought. Now here's the part that actually matters. The Federal Reserve does not issue a digital dollar. But if you look at the real mechanics of USDC and USDT, they display most of the characteristics of a central bank digital currency, which is digital money that can be tracked, paused and controlled from the top. And the biggest one is this. The issuer can freeze your coins. That's not a theory. Tether has already frozen wallets tied to sanctioned addresses, and once your balance is frozen there is nothing you can do about it. So whether you agree with me on the mark of the beast part or not, take this piece with you. A stablecoin is a dollar that somebody else can switch off. Know that before you park your money there, and know exactly which of the things you hold cannot be switched off by anyone. I completely believe the mark of the beast comes through a crypto stablecoin.
#foryou #xal4aam #tiktok #actives? #foryoupage
#foryou #xal4aam #tiktok #actives? #foryoupage


Na sexta-feira passada eu subi na balança quatro vezes. E os números foram todos diferentes. Em jejum. Depois do treino e do café da manhã. Depois do lanche da tarde. Depois do jantar. Quatro pesagens. Quatro números diferentes. O mesmo corpo. A balança não mede apenas gordura. Ela reage à água, ao que você comeu, ao horário do dia, ao treino. Por isso, usar apenas o número da balança para avaliar emagrecimento pode enganar e frustrar. O corpo muda de muitas outras formas. Na composição corporal. Na força. Na disposição. Nas roupas que vestem diferente. Nos hábitos que se tornam consistentes. A balança mostra um número. O corpo mostra evolução. #emagrecimentosaudavel #relacaocomacomida #compulsaoalimentar #psicologiadoemagrecimento #emagrecimento
Na sexta-feira passada eu subi na balança quatro vezes. E os números foram todos diferentes. Em jejum. Depois do treino e do café da manhã. Depois do lanche da tarde. Depois do jantar. Quatro pesagens. Quatro números diferentes. O mesmo corpo. A balança não mede apenas gordura. Ela reage à água, ao que você comeu, ao horário do dia, ao treino. Por isso, usar apenas o número da balança para avaliar emagrecimento pode enganar e frustrar. O corpo muda de muitas outras formas. Na composição corporal. Na força. Na disposição. Nas roupas que vestem diferente. Nos hábitos que se tornam consistentes. A balança mostra um número. O corpo mostra evolução. #emagrecimentosaudavel #relacaocomacomida #compulsaoalimentar #psicologiadoemagrecimento #emagrecimento
#chiyeuminhanh
#chiyeuminhanh
#נועהקירל #רשת13 #פוריו #דהוויס #עדןבןזקן @Noa Kirel
#נועהקירל #רשת13 #פוריו #דהוויס #עדןבןזקן @Noa Kirel

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