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

To: TobagoJack who wrote (170348)	4/10/2021 7:30:17 AM
From: Julius Wong	Respond to of 217655

There may be two types of gold: Gold and China Gold.

To: TobagoJack who wrote (170348)	4/10/2021 9:10:13 AM
From: Follies	Read Replies (1) \| Respond to of 217655

OLeary wants to buy BTC not mined in China , hmmm,. BTC is fungible, beyond fungible so how can you parcel out BTC not mined in China? I vaguely remember an old Chinese proverb something about drinking from the same river. BTC is a single, one and only blockchain, THE BTC blockchain. But what if you paired it to a ETH chain so the ETH chain would be some but not all BTC. You could make the ETH a special kind of BTC, ie a BTC not mined in China. BTC is like pure gold, raw molten gold. The ETH derivative would be like Maple Leafs not mined in China. The maple leafs (or BTC not mined in China) would be gold, convertible into gold, but may have a premium over gold. A non Chinese miner could sell their BTC into the ETH chain for a higher premium.

To: TobagoJack who wrote (170348)	4/10/2021 10:02:14 AM
From: Julius Wong	1 Recommendation Recommended By marcher Read Replies (1) \| Respond to of 217655

Bitcoin roundup: Dan Loeb's Third Point custodies with Coinbase, price climbs over $60K Apr. 10, 2021 9:38 AM ET Bitcoin USD (BTC-USD) By: Stephen Alpher, SA News Editor 2 Comments via Coindesk Five of Dan Loeb's Third Point funds now hold cryptocurrency with Coinbase ( COIN), though it's not clear how much or in what form (i.e. coins themselves, derivatives, ...). Coindesk had earlier reported that Paul Tudor Jones is also a Coinbase client. In a call this week, the soon-to-be-public Coinbase disclosed a whopping $122B in institutional assets. A few weeks back, Loeb tweeted about doing a "deep dive" into crypto, suggesting Third Point was either already invested, or on the cusp of doing so. Loeb is also a sizable investor in crypto broker eToro, which is going public in a SPAC deal with FinTech Acquisition Corp. V (NASDAQ: FTCV). As for prices, it's too early to say whether Bitcoin ( BTC-USD) has truly broken out of its relatively tight $55K-$58K trading range of the past month, but the crypto did enjoy a Friday night/Saturday morning price surge to nearly $61K. It's currently changing hands at $60.1K. Coinbase is going public via direct listing on April 14, and already has received a big price target increase.