2020 keeps on giving. America descending into chaos, a China-US trade war all but inevitable, and the European central bank blithely summoning another 600 billion Euros in stimulus funds - bearish for Bitcoin? No reward for guessing the obvious. All aboard the BTC train.
As always, the focus is on crypto-narratives, education, and thoughtful analysis of the road ahead.
Picks of the Week
As usual, there’s a wealth of excellent material to recommend. If it made the recap in the first place, it’s worthy of attention. Nonetheless, a few rate particular mention: This entertaining and compelling argument for BTC. This in-depth report examining Libra going forward and this lucid dissection of the systemic failures of the global legacy financial system.
Take the pill (highly recommended):
https://twitter.com/danheld/status/1269085942435819521
Bitcoin is a wonder (highly recommended):
https://twitter.com/adam3us/status/1268492893414711297
Eventually 10k too will look like a cheap buy-in:
https://twitter.com/jimmysong/status/1267594849399844879
Good times? No.:
https://twitter.com/TaviCosta/status/1268701591902830595
1971…a year to pay attention to:
https://twitter.com/WTF_1971/status/1268938583303389189
A tale of two extremes:
https://twitter.com/AlexSaundersAU/status/1268920221206790144
A terrible tale for the EURO:
https://twitter.com/TetotRemi/status/1266678302875496450
Bitcoin -a multi-faceted revolution:
https://medium.com/in-bitcoin-we-trust/what-does-bitcoin-really-represent-adae04104425
The rich and angry - BT price drivers?:
https://markhelfman.com/2020/05/29/want-bitcoins-price-to-go-up-bet-on-people-not-inflation/
Goldman Sachs understands many asserts - BTC -not so much:
https://medium.com/@m.helfman/goldman-sachs-can-say-whatever-it-wants-wall-street-is-still-buying-your-bitcoin-2f859a432b0d
Excellent overview of Libra and its goals (highly recommended):
https://research.binance.com/analysis/will-libra-live-up-to-its-initial-ambitions
Need money - be a high stakes investor - the FED’s got you covered (highly recommended):
https://theintercept.com/2020/05/27/federal-reserve-corporate-debt-coronavirus/
A brief examination of the origins of money:
https://theconversation.com/when-and-why-did-people-first-start-using-money-78887
Podcasts
Hodling Bitcoin leads to a re-examination of ‘money’ (recommended):
https://anchor.fm/5-minute-crypto-podcast/episodes/Five-Minute-Crypto--The-Bitcoin-Hodler-Rabbit-Hole---Money-Matters-eemar7/a-a1pvsb
The Future of money (highly recommended):
YouTube
Simon Dixon -a Bitcoin OG with a firm grasp on the economic challenges facing the current global system (highly recommended):
Andreas Antonopoulos on the relationship between oil and BTC mining (recommended):
Stablecoins may be about to take centre stage (recommended):
So, what exactly is 'wrapped Bitcoin? (recommended):
On taxes - a brief examination:
Infographics
Hmmm…looks like progress…:
https://twitter.com/TheBlock__/status/1260287903462232065/photo/1
This is fine - what could go wrong?:
https://twitter.com/Scutty/status/1265930277244727296/photo/1
Some nations are shouldering a lot more of the recovery burden than others:
https://twitter.com/Schuldensuehner/status/1267702235900895235/photo/1
Website / Utility
Shared before but this is an essential website for those looking to make sense of our current macro-economic predicament:
As per usual the cryptosphere offered up a wide range of narratives, articles, podcasts, and video content from which to learn and reflect upon. Until next week!
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.