1/ If you're new, here are some must-read resources on bitcoin, ethereum, defi, web 3.0, and the future of crypto.

Tools to join the revolution. 👇

2/ @case4bitcoin is the ultimate bitcoin beginners resource, with macro stats and charts, a deep library of curated content, and regular updates that put bitcoin's evolution in context.

https://t.co/Tie3orUZ1j
3/ We've built the new @MessariCrypto to give users a "second screen" for navigating the markets.

+ ROI & fundamentals metrics by sector
+ Comprehensive asset profiles
+ Charting tools, screeners, watch lists

Free! (Though we have premium tools, too.)

https://t.co/0Z6v65NUcq
4/ Our crypto theses were downloaded 3x more than 2019's. At 134 pages, it seems daunting.

But it's a tight summary of all of our research team's epic work throughout the year.

Almost like 120 tear sheets or 12 sector research reports stapled together.

https://t.co/KxLqregkpA
5/ Once you've been redpilled on BTC, and have an understanding of the overall crypto markets, the next rabbit hole to jump down is usually ETH.

@RyanWatkins_ and @WilsonWithiam wrote the must read primer on Ethereum, and its major new upgrade ETH2.

https://t.co/l3arQRoLfk
6/ You're probably looking for ELI5's on a whole bunch of complicated crypto markets and assets.

The best way to learn is through daily drips.

We write for nearly 45,000 crypto professionals each day, to keep them up to speed, and up the learning curve.

https://t.co/5Un46Sy5kg
7/ Here's an ELI5 on DeFi, the most exciting market in crypto right now:

https://t.co/za4qBiLvzY
8/ And if you're just looking to keep up with key terms, and a glossary to navigate through the building blocks, you can check out our "Academy."

https://t.co/sFSzxKPsG8
For more, Go Pro, and join our community!

https://t.co/SFJBZc2Fey

More from Bitcoin

The defi matrix

As each asset class goes on-chain, it can be stored in a digital wallet. And it can be traded against other such assets. Not just cryptocurrencies, but national digital currencies, personal tokens, etc.

We’re about to enter an age of global monetary competition.

The defi matrix is the table of all pair wise trades. It’s the fiat/stablecoin pairs, the fiat/crypto pairs, the crypto/crypto pairs, and much more besides.

Uniswap-style automatic market making for everything. Every possession you have, constantly marked to market by ~2040.

More liquidity, less currency?

This is an interesting point. Cash doesn’t make you money. In fact, it can lose you money in an inflating environment.

Reliable, 24/7 mark-to-market on everything is hard — but if achieved, means less % of assets in cash.


AMMs boost BTC. Here's why.

- All assets trade against all assets in the defi matrix
- Automated market makers give liquidity for rare pairs
- Everything is marked-to-market 24/7
- Value of cash drops, as you can liquidate instantly
- The new no-op is to keep your assets in BTC

Basically, automated market makers like @Uniswap boost BTC in the long term, because they allow *everything* to be priced in BTC terms, and *anyone* to switch out of BTC into their asset of choice.

Though in practice this may mean WBTC/RenBTC [or ETH!] rather than BTC itself.
$BTC: Two Bitcoin FUDs to address this Thanksgiving weekend:

1. China PlusToken FUD: Old news. Please see linked thread.

2. U.S. Treasury FUD: Read thread below...


1/ These news are much more relevant, as they imply severe trade-offs for people who want to keep their bitcoins undoxxed, with the cost and risks of doing so. I would not disqualify the tweet as mere FUD in the sense that what he posted is false. It should be taken seriously.

2/ For all we know, his decision of making it public before TG weekend may come out of the urgency of informing CT of a poignant anti-Bitcoin move by a Trump administration trying to cut lose ends before leaving office—not just "price manipulation" as I've seen suggested around.

3/ It implies the acceleration of a process already planned for for months in advance, not something he just came up with to "crash the market."

4/ In practicality, assuming this passes, it will have two major consencuences:

a. Armstrong's analysis is correct. And I would go further in saying, this regulation would leave the U.S. severely handicapped to continue to be the leader in the cryptocurrency industry worldwide.

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