Idiotcrypto
3.1K posts

Idiotcrypto
@like_idiot
Concentration leads to wealth creation, diversification is for wealth preservation. Patience is a virtue.


Starting Thursday, we'll be updating our revenue sharing incentives to better reward the content we want on X: We will be giving more weight to impressions from your home region—to encourage content that resonates with people in your country, in neighboring countries and people who speak your language. While we appreciate everyone's opinion on American politics, we hope this will disincentivize gaming the attention of US or Japanese accounts and instead, drive diverse conversations on the platform. We invite creators to start building an audience locally. X will be a much richer community when there's relevant posts for people in all parts of the world.




🔥Clarity ClusterF@#$ - now we know @SenThomTillis kept it a secret - The Impact: DeFi protocols that offer "set-and-forget" interest on stablecoins (like holding $USDC to earn a flat APY) are now under heavy pressure. The Workaround: To stay legal, DeFi yields must be "activity-based." This means rewards must be tied to specific actions, such as providing liquidity to a pool, participating in governance voting, or validating transactions. Purely "passive" rewards are now legally restricted to prevent crypto from competing directly with bank savings accounts. Assuming @coinbase is working on some creative ways to do this @brian_armstrong









When you send money abroad, it should just arrive, without a massive haircut.



Jamie Dimon says stablecoin issuers paying interest should be regulated as banks

















