rmsdbr
98 posts


Daily Hot Take
🔥 Bitcoin’s Undervalued Security 🔥
➡ Price and value are different concepts. Price is a snapshot of where supply meets demand – objectively quantifiable but volatile and short-term. Value, on the other hand, is subjective, narrative-driven, and relatively stable, changing slowly.
➡ Amid macro factors dominating BTC *price* talk lately, the market is overlooking one of the key fundamentals underpinning Bitcoin’s *value* – network security. The hashrate, the computational power that secures the network, has hit an all-time high of 679 EH/s, making it the most secure network by far on the planet. Yet, the market is oblivious to this, as shown by the all-time low hash price of $39.01/PH/s/day. It's the miner's daily revenue per hash, but also can be viewed as the price the market is willing to pay for the Bitcoin network's security.
➡ The world has spent the last 15 years slowly but surely embracing the concept of 'digital gold’; if you believe that trend will continue (in fact, the availability of spot ETF means we are in a much better setup than ever before), BTC seems grossly undervalued at the moment.

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@PrestoResearch The chart shows that the cost to maintain network security has dropped??? 🤯
This decline in hash price means that miner incentives are weakening, which could jeopardize the sustainability of the network’s security model
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Thank you Emmy for showering me with 1,600 Diamonds and getting me to shamelessly tweet this out. If you've collected Ethereum NFTs, all the way back to 2017, head to magiceden.io/rewards to claim your taste of Diamonds on the best cross-chain rewards program.
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I survived the bear market and claimed my $FRAME tokens!
@frame_xyz is the Layer 2 for creators and collectors. If you've traded NFTs on Ethereum and paid royalties in the past two years you're eligible! 🖼️🎄
You can check here 👇 frame.xyz/governance
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I'm rank #4293 with 6,500 points on the @biginc Down Bad Board👏✨
My most rekt activity was buying 1 of @cryptoadzNFT at the top. 💸💨
See where 🫵 YOU rank: biginc.business
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Giving away a Lil Pudgy 🐧
All you have to do is:
1) Follow @nansen_ai
2) Follow me 😇
3) Like + RT this tweet
Will pick a winner next week.
Let’s gooo
GIF
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Korea is the 3rd largest crypto market in the world.
And one of the most misunderstood.
Koreans are also not active adopters of #DeFi or self custody wallets.
Most of them just hold assets on crypto exchanges.
This needs to change 👀
Xangle Intern@xangle_intern
Korea is the third-largest crypto market in terms of BTC volume but is often overlooked. So at Xangle we wrote up a 9,000-word piece to introduce the Korean market to celebrate our debut on @CoinMarketCap Alexandria. 🧵 coinmarketcap.com/alexandria/art…
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I spent 4 ETH ($5200) on MONOLITH2 to get a $130 discount on sneakers that I can't even order because I live outside of the US. Bravo @RTFKT, you have exceeded my expectations. Shit! ✖️
RTFKT@RTFKT
Due to advanced tech and product regulation, product can ONLY be shipped to US 🇺🇸
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Despite the bear market, stablecoin volumes are at an all-time high
Stables remain the most boring but most real use case of crypto
h/t @kylewaters_ and @coinmetrics

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Season 2 of our Paper Trading Competition is well underway!
We've added a lot of new pairs including @moonbirds, @bganpunks, @doodles, and even @artgobblers!
Trade your way to NFT prizes and an airdrop!
Sign up here 👉 tideprotocol.xyz/users/campaign…

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