More from RealRLD

https://t.co/4URpPnni05 @scientificecon @jbhearn @wesfree @financialeyes @JoeBlob20 @GrubStreetJorno @wiki_ballot @Pathos14658352
The Road to 2021 Thread.

https://t.co/dSznB4Wg46
@scientificecon @jbhearn @wesfree @financialeyes @JoeBlob20 @GrubStreetJorno @wiki_ballot @Pathos14658352

https://t.co/GvExaHUoqS
@scientificecon @jbhearn @wesfree @financialeyes @JoeBlob20 @GrubStreetJorno @wiki_ballot @Pathos14658352

https://t.co/RS3RcYEgsH
@scientificecon @jbhearn @wesfree @financialeyes @JoeBlob20 @GrubStreetJorno @wiki_ballot @Pathos14658352

https://t.co/Z8vYbaC5Cu
@scientificecon @jbhearn @wesfree @financialeyes @JoeBlob20 @GrubStreetJorno @wiki_ballot @Pathos14658352

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.

You May Also Like

A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.