Intrapreneur | Modern Financialist. Into a little bit of everything AI & Crypto. Opinions are my own. Not financial, legal, or tax advice. DYOR & DD. #VC

Decentralized MetaVerse
When the Government figures out that they can issue dollars, deposit those dollars into $USDC with @circle, and then have @BlackRock utilize those same dollars under management to buy up unwanted U.S. Treasuries while still utilizing the dollar derivative as $USDC, they'll ❀️ it.
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David (πŸ’ŽπŸ™ŒπŸ–Ό) πŸ›‘οΈ retweeted
All of this and more. On dgb[dot]vc
Tokenized stocks Tokenized bonds Tokenized ETFs Tokenized funds Tokenized money market funds Tokenized government bonds Tokenized T-bills Tokenized corporate bonds Tokenized private credit Tokenized loans Tokenized mortgages Tokenized real estate Tokenized REITs Tokenized commodities Tokenized gold Tokenized silver Tokenized carbon credits Tokenized infrastructure Tokenized private equity Tokenized venture capital Tokenized insurance Tokenized reinsurance Tokenized invoices Tokenized receivables Tokenized royalties Tokenized trade finance Tokenized deposits Tokenized bank deposits Tokenized stablecoins Tokenized treasury products Tokenized derivatives Tokenized options Tokenized futures Tokenized currencies Tokenized foreign exchange Tokenized collectibles Tokenized art Tokenized watches Tokenized cars Tokenized wine Tokenized whisky Tokenized intellectual property Tokenized patents Tokenized music rights Tokenized sports rights Tokenized revenue streams Tokenized energy assets Tokenized agricultural assets Tokenized natural resources Tokenized shipping assets Tokenized aircraft Tokenized equipment Tokenized businesses Tokenized company shares Tokenized private-company equity Tokenized fund shares Tokenized structured products Tokenized collateral Tokenized savings products Tokenized pension assets Tokenized annuities Tokenized cash flows Tokenized cows
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I love working with founders. I met with a friend this weekend to introduce Claude Co-Work. Previously he'd only been using ChatGPT.
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I'm not sure about using #AI for investing. By default, it seems to look at what's already been performing or not performing. This only accelerates momentum trading. Investing takes vision: seeing opportunities others don't see.
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I was going to post this yesterday, but then held off and bought a little more AVAX which was hard after the recent run from about $7 a month ago, but still well below where I had originally purchased. Some argue that because Avalanche L1s can use their own tokens, their growth won’t necessarily accrue value to AVAX. That may be true in the short term, but I’d argue broader adoption of the Avalanche ecosystem could tell a different story over time. There definitely has been some positive news. At $10.50, AVAX’s fully diluted valuation is roughly comparable to buying SOL trading at $28 in 2021 or ETH around $85 in 2017. It will be interesting to see what the future holds for Avalanche. (Not financial advice, just an observation)
INSIGHT: $AVAX saw a 12.6% pump today following news that Goldman Sachs is bringing its $100B flagship Treasury fund to Avalanche.
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Is this why Gwei has been >1 on Ethereum??? πŸ€¦β€β™‚οΈ I thought we were solving gas issues...
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Everything operates within constraints and is driven by incentives, which are largely shaped by our desires, values, views, and biological needs. What problem are you trying to solve, and is there demand for solving it?
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When the Government figures out that they can issue dollars, deposit those dollars into $USDC with @circle, and then have @BlackRock utilize those same dollars under management to buy up unwanted U.S. Treasuries while still utilizing the dollar derivative as $USDC, they'll ❀️ it.
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Global plan to fund the U.S.
πŸ‡ΊπŸ‡ΈBREAKING: The Fed has proposed its GENIUS Act rules, requiring stablecoins it oversees to be fully backed by Treasury bills and other high-quality assets. Proposal one: - Stablecoins must be fully backed by permissible reserves, such as short-term Treasury bills and other high-quality, liquid assets. - Issuers face standardized capital requirements covering credit and operational risks, plus risk management standards. - New rules cover firms that safekeep stablecoin reserves, and clarify which stablecoin activities Fed-supervised banks can carry out. Proposal two: - Fed-supervised banks applying to issue stablecoins must submit a business plan and financial information. - The proposal also sets a process for appeals, hearings and final decisions on applications. "Stablecoins will only be stable if they can be reliably and promptly redeemed at par in a range of conditions," says Fed Governor Michael Barr. The comment period closes 60 days after publication in the Federal Register.
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Step by step...
🚨BREAKING: $2.8T Citi partners with Coinbase, US' largest crypto exchange, to allow stablecoin payments for institutional clients. The partnership will let Citi clients convert fiat into crypto or stablecoins, send payments onchain, and convert back into fiat when needed. Citi brings a payments network across 94 markets and 300+ clearing systems while Coinbase brings $246B in assets on platform. Citi also projects stablecoin issuance could hit $1.9T by 2030 in its base case.
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David (πŸ’ŽπŸ™ŒπŸ–Ό) πŸ›‘οΈ retweeted
🚨 LATEST: SEC Commissioner Hester Peirce says zero-knowledge proofs could verify compliance without collecting users’ personal data. She warns current KYC/AML practices create β€œdata haystacks.”
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Who would have figured that... 😏
πŸ‡ΊπŸ‡Έ JUST IN: The US is reportedly exploring a plan to push dollar-backed stablecoins abroad to strengthen the greenback's grip as the world's reserve currency.
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David (πŸ’ŽπŸ™ŒπŸ–Ό) πŸ›‘οΈ retweeted
Bitcoin Collateral Vaults demo is now on mainnet. Deposit native BTC into a self-custodial vault on Bitcoin L1. Borrow Ethereum USDC against it. The capital layer for Bitcoin.
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Many people trading NFTs still don't get this... #NFT
Replying to @jbondwagon
BAYC is the face of on-chain IP rights. NFTs are nothing more than receipts. Some are for jpegs only, some like the BAYC are for Intellectual Property tied to a brand, and others are tied to Uniswap LPs worth multiple thousands. Some may be tied to securities and others may just a ticket for a game. For BAYC, the value lies in those who use the IP and some have been patiently building.
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