This crypto-focused #threadcast is packed with news & hot topics inviting all crypto enthusiasts to engage.
Me too! Being an infrastructure coin, it's a solid bet as there are so many AI agent coins out there
****Luigi Mangione’s**** arrest following the murder of UnitedHealthcare CEO Brian Thompson capped an eventful week in memes.
A token with the ticker Luigi soared to a $77 million market cap
Link to article: https://www.dlnews.com/articles/markets/memecoin-investors-pour-millions-into-murder-linked-token/
X user, @mypathtofire expressing views on Microsoft voting down the proposal to acquire $BTC
Or, we don't need any more giant corporations sucking up the liquidity like MSTR. But then again, BTC has already been hijacked and that's why I have moved onto Monero for holdings and just trade BTC to get more $XMR. Privacy over profits.
True. It was inevitable that big corps come in at some point to play their games. I'm just happy if I'm able to grow the amount of whatever coins I'm holding until the exit.
This is so true. My best-performing tokens are the ones I believe in, have researched a lot, and bought early on. The key to big gains is to find gems before the masses and then just hold & watch the gains.
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Joseph Jax, head of OSS Capital—a venture capital firm deeply invested in the BitTensor ecosystem—has publicly declared his strong support for Research Hub. Jax reveals that OSS Capital has committed over $440 million across three primary platforms: Parallel Studios, BitTensor, and Research Hub. This substantial backing highlights the growing recognition and potential of Research Hub within the broader cryptocurrency and scientific communities.
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In the ever-evolving landscape of cryptocurrency and decentralized technologies, the search for revolutionary assets that can yield life-changing returns is paramount. Among the noteworthy assets gaining traction is Research Hub, a platform co-founded by Coinbase CEO Brian Armstrong. This article delves into the significance of Research Hub within the context of mega trends, its relationship to other platforms like BitTensor, and the implications of its research token, RSC.
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Research Hub is an innovative platform designed to accelerate open science by incentivizing contributions to scientific research. Users can earn Research Hub’s native token, RSC, by participating through peer reviews, answering scientific questions, and submitting preprints. This incentivization structure mirrors the framework established by BitTensor, another significant player in the decentralized scientific research arena. Both platforms reward contributions to problem-solving, with Research Hub focusing specifically on scientific endeavors.
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Brian Armstrong stands at the helm of Research Hub, utilizing his influence as the CEO of Coinbase—one of the most significant gateways into the cryptocurrency ecosystem. Armstrong's endorsement of Research Hub is vital; his presence lends credibility and increases visibility to the platform. Recently, Armstrong celebrated the milestone of RSC reaching $1 per token, signifying a significant advancement in open science initiatives and encouraging more contributors to join the network.
Research Hub's tokenomics play a crucial role in its structure and attractiveness as an investment.
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Network effects are a cornerstone of success in decentralized ecosystems. Research Hub stands to benefit tremendously from its association with Armstrong and its efforts to create a marketplace for peer review. This is directly in line with the principles of decentralized science, where collaboration and community engagement are key to scientific advancement.
By creating partnerships and establishing a robust community, Research Hub positions itself as a formidable asset in the growing field of decentralized science.
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As interest in decentralized science assets increases, the potential for Research Hub to become a significant player is considerable. However, as with all cryptocurrency investments, inherent risks exist. The market remains volatile, and assets can fluctuate dramatically.
Investors should remember that while the possibility of life-changing returns adds allure, diversification is essential to minimize risk.
Research Hub exemplifies the intersection of cryptocurrency and scientific inquiry, showcasing the potential of decentralized platforms to revolutionize traditional approaches to research. With strong backing from influential figures like Brian Armstrong and Joseph Jax, and an innovative tokenomics structure, Research Hub is positioned for remarkable growth.
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For those eager to explore the future of scientific collaboration and earnings in the crypto space, Research Hub stands out as an asset worthy of attention. This transformative journey toward democratizing scientific contributions could very well pave the way for unprecedented advancements in open science.
This video has already been summarized: https://inleo.io/threads/view/anderssinho/re-anderssinho-2iizvebel
I'm actually holding $RSC! Bought it with a small amount at $0.62 and it's now at $0.85 so it's done pretty well. Still, I'm waiting it to surge way more just in the scenarios of those videos.
The whole DeSci sector could become a major trend and if so, $RSC would be one of the leading ones with Brian Armstrong there
Yeah I wanna get into it as well. But I dont have any fund yet. If $RUNE can reach my exit levels I can start diversifying :)
https://inleo.io/threads/view/teutonium/re-leothreads-wbsrnzb5?referral=teutonium
Here you have someone who might wanna learn about this threadcast
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The cryptocurrency craze of 2017 was not merely a moment in time but a pivotal disruption that altered the financial landscape. Boasting potential and peril, the tales of Plex Coin, OneCoin, and Quadriga CX serve as stark reminders of the risks involved in the hype surrounding digital currencies. Individuals drawn by the prospect of quick profits must tread carefully, armed with knowledge and skepticism in equal measure. The wild west of cryptocurrency, while offering untold opportunities, requires a vigilant approach to navigate its ever-present risks.
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In 2017, the world of finance experienced a seismic shift with the rise of cryptocurrency. What began as a niche interest among tech enthusiasts quickly evolved into a nationwide phenomenon, capturing the attention of everyday individuals as well. Casual conversations in bars shifted from mundane topics about the weather to discussions about Bitcoin and other cryptocurrencies. Everyone seemed to want in on the action, asking questions like, "Is Bitcoin actually a currency?" and "How can I invest?"
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With tales of early investors retiring in tropical paradises, the allure of cryptocurrency became impossible to resist for many. However, with this fervor came a wave of scrutiny and confusion about the true nature of these digital currencies. Are they a legitimate form of currency, a speculative asset, or just another Ponzi scheme waiting to be uncovered?
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Amid this frenzy, several new cryptocurrencies emerged, including Plex Coin. Marketed through an enticing Initial Coin Offering (ICO), Plex Coin claimed to revolutionize global economics. With promises of ultra-secure transactions and innovative Plex cards that would eliminate exchange fees, the appeal was hard to miss. Investors were told they could buy tokens at 13 cents each during a pre-sale, before prices were expected to skyrocket.
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However, Plex Coin's pitch was rife with red flags. The grand claims of seamless currency usability and risk-free investments felt almost too good to be true—and they were. A cursory investigation would have revealed the absence of credible information about the company's leadership and a woefully inadequate timeline for due diligence before the ICO. Unfortunately, the enticing promise of quick riches led many to overlook these glaring warnings.
Ultimately, Plex Coin raised $15 million, but investors soon realized their anticipated returns were nothing more than a mirage. The founders had siphoned off profits and fled, leading to numerous arrests and lost investments. The financial fate of Plex Coin investors serves as a reminder of the risks tied to the burgeoning cryptocurrency market.
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Another notorious scam that surfaced during the cryptocurrency boom was OneCoin, orchestrated by the charismatic Dr. Ruja Ignatova. Despite claiming to be an innovative cryptocurrency based on blockchain technology, OneCoin was, in reality, little more than a glorified Ponzi scheme. Dr. Ruja incentivized her investors to recruit others, and the returns they saw came not from legitimate profits but rather from the contributions of new investors.
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While OneCoin may have looked promising on the surface, with investors seeing their token values purportedly climb, the reality was starkly different. The tokens were never traded on any legitimate exchanges, and claims of a proprietary exchange materialized into nothingness. As regulatory scrutiny intensified and alarm bells rang out globally, Dr. Ruja vanished without a trace in 2017, leaving countless investors reeling from their losses.
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In a curious twist on cryptocurrency scandals, the case of Gerald Cotten, founder of the Canadian exchange Quadriga CX, captivated audiences with its mystery. Cotton died unexpectedly during a honeymoon in India, leaving behind an estimated $250 million in inaccessible cryptocurrency held on his exchange. His death propelled conspiracy theories among investors, many of whom speculated he faked his demise to avoid accountability.
Cotten had maintained control over a single wallet that stored all customer assets, which raised concerns regarding the integrity of the exchange long before his passing. After his death, the absence of access to private keys meant funds remained locked forever, and the circumstances surrounding his demise only fueled uncertainty and suspicion among investors.
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These cautionary tales highlight the vulnerability of investors within the crypto ecosystem. With minimal regulation and oversight, cryptocurrency has offered fertile ground for scammers ranging from exit artists to unscrupulous marketers. The "pump and dump" schemes, wherein influencers artificially inflate currency prices to profit off unsuspecting investors, have become all too common.
As cryptocurrencies continue to gain popularity, the potential for scams grows exponentially. As the industry matures and the landscape becomes more complex, educating oneself about the warning signs of fraud is paramount.
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The potential evolution hints at a shift towards a decentralized financial world, possibly spurred by Bitcoin. Advocates suggest that with Bitcoin as a backdrop, people would regain control over their reserves and financial sovereignty. The metaphor comparing a bank run to a Second Amendment event illustrates a powerful connection between personal empowerment and financial independence.
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The idea proposed revolves around countries using their own currencies while settling transactions in gold. This method would theoretically allow nations to balance trade imbalances over time, driving interest rates to reflect the actual demand for gold. The logic is straightforward: when currencies are mismanaged, internal consequences will follow, pushing citizens to demand accountability from their governments.
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In recent discussions surrounding global finance, the concept of an international gold standard has resurfaced. This conversation touched upon the intriguing dynamics of central bank interest rates and how these reflect political rather than purely economic decisions. The discourse examines the existence of carry trades among central banks and suggests that despite being framed as economic decisions, they often operate within a political framework. The implications of these interest rate differentials are profound and challenge conventional economic wisdom.
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The dialogue also encompassed the societal struggles with mental health issues such as depression and nihilism, often exacerbated by feelings of hopelessness about the future. The concept of demoralization campaigns was introduced, linking these societal challenges to broader control mechanisms at play. For many individuals, Bitcoin represented a break from despair. Initially, skepticism surrounded Bitcoin, as many viewed it with doubt during its early years.
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The author reflected on their journey with alternative currencies before Bitcoin, recalling personal losses and a cautious approach to adopting new financial technologies. Parallels drawn from the historical context of grassroots movements against established financial systems reveal a long-standing pattern of resistance against centralized authority.
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The speaker's transition back to Bitcoin after a period of disillusionment underscores the psychological barriers that can stymie acceptance of new financial paradigms. The assertion that Bitcoin is winning—or at least navigating the financial ecosystem competently—challenges traditional narratives about the stability of legacy currencies. However, it is important to note that the conversation retains a tone of cautious optimism and skepticism.
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The idea that nothing is inevitable remains key. For Bitcoin to fulfill its potential as a universally accepted reserve asset, it must gather critical mass across generational lines. There is a recognition that various global players, including influential figures like Vladimir Putin, maintain sway over traditional financial systems, further complicating Bitcoin’s ascent.
The outlook retains a sense of realism wrapped in optimism. The acknowledgment that Bitcoin has surpassed original expectations does not negate the persistent skepticism necessary for navigating future challenges. The philosophical underpinning of Bitcoin is highlighted—the protocol and the principle of proof-of-work take precedence over mere monetary implications.
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Engagement with Bitcoin isn't solely about possessions but rather a reflection of broader societal ambitions and capabilities. As the world evolves, so too do the tools available to navigate its complexities. The pursuit for a brighter financial future incorporates shared responsibility, emphasizing that substantial work lies ahead for Bitcoin proponents.
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The conversation around the international gold standard and its potential revival, paired with Bitcoin’s journey from skepticism to acceptance, illustrates a complex landscape of dedication and hope amid despair. With new financial vehicles emerging, the central question remains: will society adapt to utilize them effectively, or will traditional power structures continue to dominate the financial narrative? The collective effort to explore and innovate may ultimately guide the economy towards a more liberated future, as individuals reclaim their agency in the financial realm.
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The recent trading session has brought about a notable downturn in the stock market. With the Dow down 167 points, the S&P down 20 points, and the Nasdaq declining by 53 points, investors are closely monitoring ongoing developments, particularly surrounding U.S. Steel.
U.S. Steel's shares experienced significant volatility, having been down as much as 17% before resuming trading. Compounding the situation, reports suggest that the Biden Administration is poised to block a proposed $15 billion merger involving U.S. Steel. This significant intervention from the federal government adds to the uncertainty surrounding not only U.S. Steel but the broader steel market and related industries.
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As the situation unfolds, the Senate Banking Committee is preparing to vote on the appointment of Caroline Crenshaw, amid a backdrop of partisan contention and strategic maneuvers. The stakes are high as various factions work diligently to influence the outcome of her renomination.
There are indications of a concerted effort to block Crenshaw's reappointment, with an emphasis on the potential shifts in regulatory authority that could come with her departure. This situation reflects the broader tensions in U.S. economic policy, especially concerning how financial regulation intersects with emerging markets such as cryptocurrency.
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Discussions around cryptocurrency regulation have sparked considerable debate, particularly in light of comments on figures like Brian Armstrong, CEO of Coinbase. As these conversations proliferate, political players are grappling with how to approach crypto-friendly policies while balancing traditional financial interests.
Critics are voicing concerns about the trajectory of crypto regulation and its implications for market stability. Much of the focus is on how renominations and appointments could pivot the regulatory framework substantially, potentially favoring pro-business stances.
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Overall, the market response to these developments serves as a reminder of the interplay between regulatory decisions and market performance. The political strategies at play, especially in the crypto space, may lead to lasting changes in how industries are governed. Investors and stakeholders will undoubtedly keep a close eye on both the market movements of companies like U.S. Steel and the unfolding political scenarios that could shape the regulatory landscape in the months ahead.
Eric Trump thinks the US will become the "crypto capital of the world" under his father's leadership.
The younger Trump, who serves as executive vice president of the Trump Organization, attended a Bitcoin (BTC) conference in Abu Dhabi this week.
He tells CNBC that he and his father, President-elect Donald Trump, have been big fans of crypto “for a long time.”
“I think he realizes that every country in the world is embracing it. Look at where we are right now in Abu Dhabi. They’re putting billions of dollars into crypto and into digital technologies, and if we don’t do it as America, we’re going to be left behind. He wants to make America the crypto capital of the world. He’s been very, very clear with that, and I applaud that.”
Trump says there are existing inefficiencies in the financial system, noting, for example, that it often takes Americans 90 days to secure a home loan.
“There is nothing on blockchain that can’t be done better, faster, substantially cheaper… the banking system that we have around the world, the modern banking system, is antiquated. It’s just a matter of time before crypto not only catches up but really leaps ahead.”
