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@KTuck_

KTuck | Bitcoin Policy

Katılım Nisan 2020
74 Takip Edilen4.2K Takipçiler
KTuck
KTuck@KTuck_·
@dazzlercoin Over saturation. The bull cycle hasn’t ended. The focus is Bitcoin as a reserve asset.
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bewise
bewise@dazzlercoin·
@KTuck_ Alts will struggle. - heard this about 10000 times this cycle
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KTuck
KTuck@KTuck_·
This will be a big month for $BTC. Incoming engagement on a federal level and incoming policy announcements. Also add to the supply on exchange squeeze that will play out end of month.
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KTuck
KTuck@KTuck_·
ARMA
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KTuck
KTuck@KTuck_·
Reflexivity on $BTC
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10Δ
10Δ@_10delta_·
Clarity Act is now poised to accelerate the “Bretton Woods 3.0” framework that I’ve talked about. The yield “ban” is cosmetic & simply something for banks to tout as a victory. It bans stablecoins from paying you interest for just holding them: the way a savings account does. But it explicitly allows stablecoins to pay you rewards for using them: buying things, lending, providing liquidity, participating in any program.. Now consider that those rewards can be calculated based on how much you hold & for how long. I think that’s what we just call interest, but it will now be rebranded under a new name. So, the implications: - The fact that there is now a carve-out for stablecoin yield will accelerate the Bretton Woods 3.0 system. If the ban had been real (no yield in any form) there’s no reason for anyone to hold stablecoins over a bank account. Stablecoin adoption would flatline (especially in Developed Markets) & Bessent’s $3.7T target would be hard to achieve. This carve out keeps the incentive to hold stablecoins, which keeps the growth flywheel spinning. - CBDCs can’t compete. No central bank would design its digital currency to pay activity based rewards calculated by balance & duration (too close to monetary policy). However, dollar stablecoins can. So in every market where a CBDC competes against a $ stablecoin, the dollar product is economically superior. The Clarity Act now guarantees that advantage persists. - The dollar now goes global without permission. The new text allows platforms to pay incentives for payments, remittances, & settlement activity using stablecoins. That’s a subsidy for global dollar adoption funded by private companies (not taxpayers). Meanwhile, increasing Treasury demand in the background. For example, a Filipino worker now gets a rebate for sending remittances in USDC. There’s an additional incentive for him to now transact in stablecoins, which, unbeknownst to him, purchases American debt behind the scenes. A win-win for global stablecoin users & the American economy (fiscal situation). The compromise looks like a ban. But it’s actually a growth mandate. As I’ve stated, the US government needs stablecoins to scale because it needs someone to buy its debt. Bretton Woods 3.0
Faryar Shirzad 🛡️@faryarshirzad

The final rewards text in the CLARITY Act is now public. We’ve been clear throughout this process: much of this debate was based on imagined risks, not real evidence, nor was it based on a real understanding of how crypto actually works. Nevertheless, the crypto industry showed up to engage. Through months of meetings, the @WhiteHouse, @USTreasury, @BankingGOP, @SenThomTillis and @Sen_Alsobrooks finally arrived at a compromise. In the end, the banks were able to get more restrictions on rewards, but we protected what matters – the ability for Americans to earn rewards, based on real usage of crypto platforms and networks. We also ensured the US can be at the forefront of the financial system – which in this competitive geopolitical era is paramount. That’s important for innovation, consumers and America's national security. Now that this issue is behind us, it’s time to focus on the broader bill. While this debate has been underway, lots of progress has been made on other areas like token classification, defi, and tokenization. We’re excited to review the full, final text, and for the bill to move forward. It’s time to get CLARITY done.

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KTuck
KTuck@KTuck_·
Fresh Start.
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kook 🏝️
kook 🏝️@KookCapitalLLC·
still not really trading just buying bitcoin ultimately bitcoin is the answer to most problems in the world unfortunately most will be left behind try not to let it be you
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KTuck
KTuck@KTuck_·
@menace_trades Now it’s a BTC game. Gotta get BTC positive.
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Menace
Menace@menace_trades·
@TuckTroll Haha no way. It flew! I remember you told me about this months back. Congrats man
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KTuck
KTuck@KTuck_·
@GrantCardone I think that maxi was me. lol. I said sell most of it and buy BTC. I bet in 5-7 years it’ll be the ultimate move. Real estate always goes down relative to BTC. Unless it’s mass cash flow behind it. Keep being a pioneer grant!
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Grant Cardone
Grant Cardone@GrantCardone·
Bitcoin Maxi said, "Grant you should sell all your real estate and buy bitcoin. I said, "Maxi, why not use my real estate to buy bitcoin and keep both?" Combining Real Estate with BTC • Massive Write Offs • Real Cash Flow • Rent Growth • Liquidity • Good Leverage • Hedge Against BTC • Appreciation from Both
Grant Cardone tweet media
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Fred Krueger
Fred Krueger@dotkrueger·
117k was the “dip”. Buckle up sports fans.
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KTuck
KTuck@KTuck_·
It also CAN NOT ever be replicated. It’s successfully launched in an ethical and peaceful way transcending all human motivations and institutions. This is the most important financial asset class of the 21st century. A perfect depreciating asset backed by the most advanced network humans have ever created. $5-7T BTC by 2026.
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KTuck
KTuck@KTuck_·
@binji_x Dm me I’m from there. Go to Quincy market, Go to mikes pastry Eat in north end Walk the seaport Go to Red Sox game at Fenway park Go to some bar in Southfield
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binji
binji@binji_x·
what is there to do in boston
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Gary Cardone
Gary Cardone@GaryCardone·
Get off zero, don’t fuck this up!
Gary Cardone tweet media
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Ansem
Ansem@blknoiz06·
you know when you grab something that's really really hot by accident and there's that little delay where you know you fucked up but it doesnt hurt yet? yea thats markets feel like rn after longing the top today
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KTuck
KTuck@KTuck_·
@blknoiz06 More like they $troll ‘d us. Your house is no match for troll
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Ansem
Ansem@blknoiz06·
they tricked us!!
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KevinAranz.Dev
KevinAranz.Dev@kevinaranz·
@MichaelOnBTC If she's really your wife and life partner she should know how much you guys have.
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Michael on Bitcoin
Michael on Bitcoin@MichaelOnBTC·
What to politely say when the no-coiner wife asks “How much bitcoin do WE have”?
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