Ethereum Merge: a net positive for ?IG Bank Switzerland Ethereum s Merge has given it ESG credentials alongside its Metaverse potential. But staking and the second-gen optics could be headwinds Cardano Launches Djed Stablecoin. What Is It and How It Works “Djed is an algorithmic stablecoin protocol that behaves like an autonomous bank that buys and sells stablecoins for a price in a range that is chainlink stock robinhood Crypto could do better than almost all other assets if theres a global recession, Chainlink says
t he m an y pe op le o ut t h er e a l o t o f c ou rs e m o m an d p op i nv es to rs a nd y ou ng st er s a s w e ll b ut th ey t hi nk i s ba dl y b e nt e nc ry pt i t a nd y e t j us t i n t he l as t fe w d a ys i n d a d at y e ar t o d at e w e ve s e en a n um be r of t he o th er c ry pt ic av oi de d s uc h as B it co in t h eo ry h i m t o L A t o s t ar t to m ov e t o t h e up si de a ga in is t h is r ea l is t hi s r a ll y is s u st ai na bl e o r i s i t ju st a li tt le b it o f a s ho rt c ov er in g bo un ce . I t hi nk th at c ry pt o j us t l ik e t he t ax h as be en f lo at ed a n d dr iv en b y ch ea p m o ne y c re at ed b y o ne T V ye t e as y a nd f ed er al f un ds in te re st ra te s t ha t a r e e x tr em el y l ow a n d s o g en er al ly s p ea ki ng I t hi nk i t s f ol lo we d t he m ar ke t in di ca to rs o f t he C AC p re tt y c l os el y o v er t he p as t y ea r or tw o s o I t h in k t ha t s w ha t w e c a n e xp ec t f ro m cr yp to i s t ha t th e ma cr o in d ic a to rs t h at m ak e t e ch at tr ac ti ve w il l m a ke i t a tt ra ct iv e u nl es s t he re s a l ar ge gl ob al re ce ss io n a nd if th er e s a l oc a l r e ce ss io n t ha n I d o t hi nk t ha t c r yp to is a n a nt i in fl at io n he dg e a nd i s a n a nt i w a r mo ne ta ry p o li cy ha d a nd s o i n t h e wo rl d w he r e a r e ce ss io n co me s I t hi nk t h at c ry pt o a ct ua ll y o ut p er fo rm s p re tt y m uc h a lm os t al l o th er a ss et s b e ca us e t he w ho le p oi nt o f it is t o c re at e an a lt er na ti ve f in an ci al s ys te m th at ca n g o th ro ug h t h e ty pe s o f f a il ur es t ha t a g lo ba l re c es si on w o ul d c r ea te s o t h at s m y ou tl oo k o n h ow t hi ng s w o ul d d e ve lo p th e co up le w as s ay in g ab ou t cr yp to p o te nt ia ll y b ei ng a n in fl at io n he dg e b ec au se y ou k n ow l a st y ea r w he n c ri ck et w a s r ea ll y w h ac ke d on t he h it G r ee ce o r in fl at io n s ur gi ng i n wh ic h c as e t he i nf la ti on h ed ge a r gu me nt j us t d id n t wo rk s o wh at e ls e is go in g t o b e a b le t o gi ve C hr is Dy er t he l if e th at ne ed s no w . W el l i f t he re s a l o t o f ch ea p mo ne y th e n f l ow n to K ry pt on a n d t ha t s w ha t s h a pp en ed o ve r t h e pa st c ou pl e o f ye ar s an d s o cr yp to i s a b e ne fi ci ar y of t ha t dy na mi c w h ic h i s d r iv en gl ob al m ar ke ts p re tt y su bs ta nt ia ll y fo r th e pa st c ou pl e o f m o nt hs a nd y ea rs in t er ms o f i nf la ti on he dg e s ce na ri o I t hi nk th at f r an kl y wa s n t b ad e no ug h a nd th e fa il ur es t ha t yo u s ee i n t he g lo ba l f i na nc ia l sy st em w er e p ro no un ce d en ou gh t he re w e re s t il l q ue st io ns i n p eo pl e s mi nd s ab ou t re co ve ry i n g lo ba l fi na nc ia l s ys te m w or ki ng a n d s o i f t he g l ob al f in an ci al sy st em h it s re al ly a ki n d o f r oc k b o tt om l ev el b ot h ex pr es se d b y i nf la ti on a nd s o lv en cy i ss ue s w it h t ra di ti on al f in an ci al in st it ut io ns a nd p e op le h av e h i st or ic al ly c on si de re d t o be re li ab le th an th e th es i s of Sergey Nazarov of Chainlink says thats because the whole point of it is to create an alternative financial system that cant go through the types of failures that a global recession would create.
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