Happy Thursday, Blockfolians
Mark Cuban has been on a total DeFi kick. He’s investing in startups, messing around with protocols directly, hell even writing articles about why regulators should get on board with what he says could be the next great American growth engine.
That is, apparently, until he gets the rugged pulled.
BREAKING: Mark Cuban calls for more stablecoin regulation after trading DeFi token that crashed to zerobloomberg.com/news/articles/… $TITAN
Yes, strangely, his response to screwing up is to admit he screwed up…but then call for more regulation. We’re not exactly sure how this squares with his other post talking about regulators getting on board, but that’s not really the point right?
The point, of course, is memes.
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Highly Relevant Reading
The first crypto bank-run?
Bloomberg is covering DeFi now
CBDCs getting more buzz in the UK
US House Republicans now accepting crypto campaign donations
Saylor hosted a long Twitter Spaces all about the Bitcoin Mining Council
We welcome all to join our Bitcoin Mining Council meeting tomorrow (Wednesday 8pm EDT). We will have a variety of speakers discussing industry trends, including guestleaders for the Q&A. If you have topics or questions you would like us to cover, please reply below.
Michael Saylor @michael_saylor
On Wednesday, you are all invited to meet with members of the Bitcoin Mining Council to discuss the latest on #Bitcoin Mining, the energy debate, network dynamics, China mining policy, North American mining developments, tech trends & industry outlook. https://t.co/GLTpiWI2SG
Some macro talk after yesterday’s FOMC meeting
The dollar is always the KEY macro variable.
When it moves, everything moves. If the dollar rises sharply back to the middle of the range, it kills the inflation narrative for now.
The real guts of the inflation debate is more likely next year’s story.
A Really Big Number We Should Be Paying Attention To
That’s the new capacity of the Lightning Network – up 50% since January
What do you think?