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PrrplFrog
@PrrplFrog 5 years, 4 months ago 525 views

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1/14 Now that everyone and their mother is talking about $LUNA & $MIR my message is

We don't need the money

This is why

👇

2/14 Vast majority of crypto assets have insignificant or no adoption at all. The few with the highest adoption are at best very good speculation bets.

3/14 #Ethereum is the King of platforms and today there is no competition even close the liquidity and usage. All this activity is not reflected in $ETH itself and that is why EIP 1559, a proposal to change the economic model is a constant debate.

4/14 Looking at the $ETH example at this point we can conclude the ideal asset needs two important factors

1. Adoption
2. Good value capture

High adoption without a good value capture is not ideal and vice versa

5/14 @terra_money is one of the world's most highly adopted chains with millions of dollars in "real world transactions".

What does this mean and how is this aligned with $LUNA token holders?

6/14 Without getting in to technicals.

Every transaction on Terra collects a small fee that is paid out to $LUNA stake holders.

7/14 Being a stablecoins protocol with all the relevant currencies all minting will eventually put a hard burn pressure on $LUNA.

8/14 Terra platform is growing like nothing else in the crypto space

High usage = high rewards = high price

9/14 50k-100k users paying through the payment dapp #CHAI without knowing they are using blockchain have set a reward base for early investors (still very early)

10/14 Now with @mirror_protocol $MIR becoming the standard for tokenized stocks and other dapps in the making the reward base is getting higher

11/14 The value capture of $LUNA is perfectly aligned with stake holders

If you buy and stake, you take out $LUNA but also dilute our guaranteed rewards

12/14The burn happens anyways, with higher usage of dapps there is a:

higher demand for stablecoins--> higher rewards-->higher amount of $LUNA being burned--->higher $LUNA price

13/14 In bull or bear $LUNA holders are winning

The rewards are non-inflationary paid out in stablecoins

14/14 I hope i could slightly demonstrate how

$LUNA does not need your money

Stake holders are de facto owners of the Terra Protocol

Sharing $LUNA is like chopping parts of your successful business and giving it out to strangers

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Thread Best books recommendation by one of best investor I knew @insharebazaar (Virtually)

He grab many multibagger stocks and His style also unique(1st Seen interview in @TraderHarneet's YT Channel)

He follow Simple process

Young Intelligent Investor who also appeared in ET

1. One Up On Wall Street

2. Rich Dad Poor Dad

Access here : https://t.co/UWOCF732z6

3. The Unusual Billionaires

4. Trading in the Zone

https://t.co/G7mqVPtEM0

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https://t.co/yPKBzYyPAl

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$Route 2 FI \U0001f4c8$

Route 2 FI 📈
@Route2FI

I reached financial independence and quit my 9-5 job this week at 33 years old to work with my own projects.

A thread with lessons about:

-freedom
-time
-money

One day in 2018 when I was in my 9-5 cubicle, I thought to myself while I stared out of the window:

How could I continue waking up every morning and be totally unexcited about everything I was going to do day after day?

This led me to Google:

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Early Retirement Extreme and Mr. Money Mustache are the first pages popping up.

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WTF, could I quit my job in a couple of years by investing?

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Now I was going all-in on investing.

I started saving and earning more money by changing my 9-5 job.

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Last 5 months SR: over 90%

I got addicted to investing.

It was like a game.

My salary was increasing every month and on top of that, I started earning more online than I did in my 9-5.

I started dreaming about $100M.

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This year has been quite something.

But let's try to pick some of the most clownish stories this year had to offer.

Here's to 2020's end of year thread 1/50

Have you got a license for that opinion?

2/50

At least academics remain the same.

3/50

And Sweden didn't change

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Don't have much to say about this one

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@ramonrecuero

1/11) Introducing https://t.co/dDuU0rsw1Y.

We are building a new #DeFi asset management protocol.

Ccommunity owned and community managed funds.

DeFi meets Wall Street Bets.

It's time to decentralize and democratize investment

https://t.co/exErPi5VRn

TLDR 👇

2/11)

The investment landscape has changed forever.

We are finally at zero interest rates. End of the road.

Traditional asset classes like bonds or equities don't have risk/adjusted positive outlooks anymore.

Inflation looms 💸💸

What can we do about it?

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#Bitcoin, and crypto assets are just getting started.

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Huge opportunity ahead 🚀🚀

4/11

We want to give everyone access to this one-in-a-lifetime opportunity.

Accreditation rules, access to secret deals and local jurisdiction have kept the best opportunities private.

@balajis said many times that Web 3.0 is going to turn the world into investors. We agree.

5/11
We need to give everyone a chance to participate.

Robinhood has made everyone aware of the risk of centralized platforms.

If you are not paying to use a platform, you are the product.

Thanks to #Ethereum and #DeFi, we can offer asset management that is trustless and open.

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As a young immigrant, I took out thousands of dollars in debt to go to for-profit college—thinking it was part of the American Dream.

Like millions of Americans, I was left deeply in debt with a worthless degree and shoddy education. #CancelStudentDebt

I was fortunate enough to eventually go to a public university and begin to pay it off, but millions do not have that luxury.

Here are some misconceptions about who has debt and why we need full cancellation.

Is this really a crisis?

Yes! Student debt has more than doubled in just 10 years. 45 million Americans now are saddled with over $1.7 trillion in debt—and the delinquency rates have nearly doubled.

Isn’t it already cancelled during the pandemic?

Student loan interest is on hold during the pandemic—but the debt is not forgiven. That means millions will owe thousands of dollars in backpay if that debt isn’t relieved.

Does President Biden have the authority to end the crisis?

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foone
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