

Heiner Camacho
1.6K posts

@socatres
Head of Strategy @Gurufin | Former Central Banker (Colombia) | 🇰🇷 based. Bridging gap between Monetary policy - Digital assets. Thought leader on stablecoin.





Heiner Camacho(@socatres) Head of Strategy at @GurufinHQ breaks down why national stablecoins demand a sovereign Layer-1 infrastructure in his latest for CCN. Read the full op-ed ▶️



In the latest newsletter, linked below, we address one of the hottest topics in finance: prediction markets and @kalshi, in particular. Prediction markets in general are kind of a cool innovation, when used well. The question, though, is that last part: when are they being used well, and who gets to make that call? I am very certain the marketing around Kalshi, and things like Giannis Antetokounmpo starting a trade rumor to drive volume before disclosing he was a partner/investor are on the wrong side of "when used well", similar to derivatives on underlying prediction markets driving synthetic action. There are going to be rules. Will it be the states? Will it be the CFTC? I kind of think it doesn't matter, because neither of them is cool with "hey bet $200 on black to pay your rent, it works every time" as marketing to retail.

Is @Kalshi fundamentally, evil? Functionally, flawed? @davidzmorris : All of the above. Today we #ZeroIn on prediction markets — 1️⃣ @AJCampbellMA's WIN 2️⃣ @austincampbell's "WTH" (NO TYPO)















#NoticiaW | “Señores de la Comisión Séptima del Senado, pueden decidir. Mientras ustedes deciden, las EPS seguirán quebrando una tras otra. No las voy a salvar”, advierte el presidente Petro.

Stablecoins just had another record month. Over $5.3 trillion in stablecoin transaction volume was processed in August, the most ever in a single month. Looks like this stablecoin thing is really catching on.