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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (169376)	3/11/2021 4:36:39 PM
From: sense	Respond to of 217617

More crypto musings... A few items in the news... Saw that JPM had stuck a finger in, tentatively, and now has taken it back out by abandoning a Chase crypto wallet effort... to shift focus back to equities with a new offering: JPMorgan wants to launch crypto-related stock basket "heavy on MicroStrategy, Square and Riot Blockchain stocks" which still sounds a lot like an ETF, the SEC not having a category for "crytpo-currency exposure baskets" perhaps validating this, somewhat: ETF Issuers Find Creative Workarounds to SEC’s Crypto Stance Having noted repeatedly, recently, that the crypto claims are not being met by proofs of successes in any improvements made in intermediary functions... at all... rather than seeing them proving much less useful than the existing intermediaries they're claiming to be able to replace... Some of that, clearly, is Wall Street winning... by having lured the players into playing Wall Street's game to facilitate legitimization of "participation"... using Wall Street rules... thus making money flow to reward the participants... but, while doing that, also saddling them with the unresolved bureaucratic issues in crypto... at the same time they have to meet all the same requirements that other intermediaries have to meet... so, a double-burden in regulation with much greater uncertainty... compliance in itself obviating the claims made about crypto... in things like its privacy being opaque vs enabling transparency and its claimed successes in enabling disintermediated exchange. And, all of that as "added issues" before they've really figured out and succeeded in the basic engineering of making the original concept work without all the compliance burdens that "alter everything." Real crypto is fast becoming a grey market issue... or a dark web issue... compared to the Facebook version... connecting it into the fully connected pre-existing banking system, first, and into the surveillance society through that and its multi-layered web-based intermediaries. Too much money too soon... is a classic Wall Street stock in trade... that wastes a tremendous amount of other people's money... to fund 100% of the efforts... knowing 99% will fail. The popping of the bubble will make the winners cheaper than they were at the start... when no one else wants them... like buying Amazon not at the bubble peak over $86 in 1999 but in September 2001 under $6... back where it was before the bubble got going ? I do find it curious that the only company I see that has actually succeeded in improving upon the inefficiencies inherent in the existing money market intermediaries... PayPal... is not even considered by those in the crypto space as a competitor in the crypto space... rather than as "an adopter" that has boosted crypto legitimacy by enabling use of PayPal as a trading platform... Apparently, PayPal doesn't see it quite that way: PayPal (PYPL) Boosts Cryptocurrency Initiatives With Curv Buyout The article notes that directly, says PayPal is there with Square, JP Morgan, and Overstock as corporate participants dutifully looking to make themselves relevant in the space... What it looks like to me... is that once PayPal has it sorted out... they can launch their own crypto currency if they want... cut the others off at the knees... and pretty much own the entire space... as the only company that isn't a hopelessly dysfunctional alternative to existing intermediaries. PayPal already has sorted that set of problems it seems the others can't solve... only while first using the dollar as its internal currency unit in accounting... but already handling currency conversion from dollars to others with no problem ? For now, it looks to me like the biggest potential winner in the crypto space... is PayPal... I don't see anything else that's looking like its even close to proving an ability to compete with the existing ACH level intermediaries... much less with PayPal's already extant out-performance relative to them ? Meanwhile... the discounts in the shares of those buying bitcoin... worth watching. Are they becoming like fixed funds... routinely trading at a discount to assets ?

To: sense who wrote (169376)	3/11/2021 6:50:23 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 217617

sense... bitcoin is in the very earlier stages of adoption and buying and trading it is cumbersome, there is a learning curve. ultimately you will need a hardwallet to store your bitcoin safely, but you can use a platform like coinbase (which i use) to purchase here is a good tutuorial on how to buy and manage your bitcoin... youtube.com

To: sense who wrote (169376)	3/11/2021 7:11:07 PM
From: TobagoJack	1 Recommendation Recommended By marcher Read Replies (2) \| Respond to of 217617

coinlist coinlist.co enables fantastic entry into the wondrous multiverse of social-networked faith-based hive-minds congregation dealing in proto-monies and wheeling in algorithms, and very few shall rise enabled by the fall of most, etc etc either we are dealing with something akin to internet circa 1997 or even 1987 (days of CompuServe) or have been dealt DotCom 2001 do not spoil the mystery :0)