|1| I have seen a lot of tweets emphasizing the partnership between @iotatoken and @renaultgroup. It's a great compliment for IOTAs tech, but everyone who ...

#IOTA #greentech #ElonMusk #Bitcoin

|2| is following IOTA more closely should not be surprised at all.

All the recent partnerships are probably hard to grasp for the outsiders/disappointed, but ...
|3| it is not like the management behavior is something one can not change easily. The IOTA Foundation grew through the defeats it experienced.

IOTA is ...

#Bicoin
|4| no more a realm of promises.

While the media and public judged over IOTA, they put in years of research into #coordicide

While the media and public categorized IOTA as failure (many of them to this very day), they kept fighting for ...

#research #DLT
|5| their vision and continued with their Imagination of "DLT 3.0":

--> removing the need of miners,
--> scalable,
--> feeless,
--> data/value layer,
--> governance model mitigating growing centralization,
--> ...,

#ResearchPaper #DLT #trilemma
|6| When IOTA decided to CHANGE, it were small changes at the beginning; people failed to see a tangible result, and decided to stop following IOTA.

#AtomicHabits #JamesClear #compoundingEffects #IOTA #Bitcoin

More from Bitcoin

I have a different take on bitcoin, tether, and dollars

Can also speak with authority on nation state violence

"Nothing makes you feel more free than taking another person's freedom"


and @profplum99 concerns with tether, bitcoin, and decentralization make sense yet I remain long BTC

They are correct on force, I worked in decentralized societies, they are dangerous because the state does not have a monopoly on violence

For those in the first world who have never seen a milita ride out of the desert, kill and enslave farmers, and the government cannot stop it because the 21st century slave trade pays better than the UN, the reality of decentralization is might equals right

I know, that isn't the decentralized future Buterin talks about while wearing a t-shirt with a cat fighting space invaders on it (love those shirts)

But we need to be real, disrupting the global centralized economy won't be like Uber putting taxis out of work

It will be war and faminine level disruption as old empires come alive again

For decentralization to rise the centralized global power of the last 70 years (US Hegemony) has to weaken

Yes we will be rich, but as the Big Short says,

"you can be happy, just don't fucking dance"
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.

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