Hodling #Bitcoin as a Company is not easy, over the past year it felt like we were battling an opposing public opinion in our community all the time.
This was resolved by us learning & studying which was crucial
.
Thread ๐Ÿ‘‡๐Ÿฝ๐Ÿ‘‡๐Ÿฝ๐Ÿ‘‡๐Ÿฝ

2/ The arguments were exhausting especially if you didn't put time into education
1. Too volatile
2. Untrustworthy
3. Will get banned
4. Consumes too much energy
5. Not an investment, its speculation
6. Manipulated market
7. CBDC's
8. Used by criminals
3/ We saw something different, #Bitcoin was the most stable asset in our lives. Block after block it operated with perfection as promised. #Bitcoin hasn't changed at all since we got into it (yes, we verified) but the echo system built on top of it grew immensely
4/ Meanwhile everything else around us was insanely volatile, Our Central Bank printed more money than was ever printed in the country's history. Prices of real estate, commodities, groceries shot through the roof, more importantly the prices of Chicken
5/ Our business is built on the back of fresh high quality Chicken which increased in price by >25%
Nassim Taleb came out on @CNBC and suggested that owning a business should be sufficient to protect you from inflation because you can raise prices,
6/ what he fails to understand is the competition dynamic. We are competing with the likes of Costco, Mcdonald's & Popeyes. They didn't raise prices because they are Chicken monopolies & have 1000X more buying power than us. Therefor we are left with these choices
7/
a. Increase Prices & lose market share to our competitors
b. Keep Prices the Same & lose profit margin
c. Use lower quality Chicken and make our product worse
All of these options are bad
8/ #Bitcoin was our strategy of choice. For us it represents Hope, Freedom & Fair Opportunity. Prices of everything got cheaper for us in bitcoin over the last year. It gave us a fighting chance to compete with these Chicken Monopolies.
9/ We urge companies especially medium & smaller sized business to study more about this new & exciting savings technology. It'll take time but will be worth it because it will end up saving you time. Here are three amazing articles and a website to get you started,
10/ By @real_vijay
https://t.co/lwK7wOkjT7
11/ By @parkeralewis
https://t.co/P2BIcISdlX
12/ By @JeffBooth
https://t.co/4eaEnFfXhE
13/ By @michael_saylor
https://t.co/FcG6UuDKOm
14/ If you like seeing both Food & #Bitcoin content, give us a follow & come try our food, we'd love to serve you the best quality chicken ๐Ÿ‘Š๐Ÿฝ๐Ÿ˜Ž

More from Crypto

๐ŸšจAltcoin Trading Indicator๐Ÿšจ

How to use it. A THREAD.

Please Share.

To use it to buy Altcoins and make a high probability entry, the following conditions needs to be fulfilled.

For a long.
1. A green candle Closes above the cross.
2. Heikin Ashi candle turns green.
3. Price should be above 0.236 Fib from the swing high.


How to add the Indicator.

1. Click on the link and Add it to favorites and apply.
https://t.co/Kn90qgDjMi

2. Or Search it in the tab and then apply it.


The indicator itself the most comprehensive Moving Average Indicator which provides 9 MAs and 13 Different times of MAs.

The base of the indicator was by @insiliconot.

To further enhance it, I have added a cross indicator on the cross which works the best historically on Alts.


Condition 1- The cross.

Entry is made when a Cross occurs on the EMA 13/21.
The indicator automatically indicators the Cross with P for a positive cross or N for a negative cross.

This is the first condition for an Entry.
I'm sure someone else has explained this, but it is just so cool and I want to explain how this works.


So Curve is awesome for swaps between similar assets, right? The fact that they trade very close to each other is a key part about how Curve works, using it's custom swap invariant function.

That's step 1

Step 2 is that Synthetix is awesome for creating "synthetic assets" (aka synths) which are assets that trade like other assets, that are backed by another, entirely different asset. Basically, a plastic banana that I can buy and sell like a real banana.

Synthetix has a feature that lets you swap between any two synths with zero slippage and a flat fee. That's because it is simply converting the sythentic asset into another synthetic asset, the backing for the synth doesn't change it just uses a different price oracle now.

This is important. Absolutely no slippage, at any size

Swap $1m sUSD for $1m sBTC? flat 0.3% fee

Swap $10m sUSD for $10m sBTC? flat 0.3% fee

swap $100m sUSD for $100m sBTC? Well, there isn't that many synths in Curve, yet but you get the point. The only limit is the pool depth

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