Markets have been nervous since last week’s FOMC meeting minutes revealed the Fed was considering early “balance sheet normalization” or quantitative tightening. At yesterday’s confirmation hearings, Fed Chair Jerome Powell tried to soften the Fed’s stance on QT, saying nothing had been decided. Today, December inflation numbers came in at a 39-year high of 7%. Find out why … [Read more...] about What the Highest Inflation in 4 Decades Means for Markets
Means
Garry Kasparov: Crypto Means Freedom
So, I’ve been doing a lot of talks about it, and I’ll say, “Look, it’s not the magic wand or the terminator. It’s not a harbinger of utopia or dystopia. It’s a tool.” Crypto is a tool. And of course it could benefit some bad guys with maligned intentions. But it’s about the balance, it’s about trade-offs. And I think the balance is so much in favor of progress. Source link … [Read more...] about Garry Kasparov: Crypto Means Freedom
What Ethereum’s Kintsugi Testnet Means for Proof-of-Stake
Kintsugi is a “longer-lived, public testnet” that will allow application developers and users to become familiar with a post-merge Ethereum environment. Heavy usage of the test network will allow clients and Ethereum developers to find any potential issues and further mitigate issues during mainnet’s impending Merge. Source link … [Read more...] about What Ethereum’s Kintsugi Testnet Means for Proof-of-Stake
What the Fed’s ‘Hawkish’ Turn Means for Bitcoin
This episode is sponsored by NYDIG.Download this episodeYesterday in the wake of the FOMC meeting, the Federal Reserve signaled a hawkish turn. Asset purchases will be tapered at twice the speed, and the Fed is now anticipating three rate hikes next year. So why, in the wake of all that, are risk assets going up, and five-year inflation expectations climbing?See also: Bitcoin … [Read more...] about What the Fed’s ‘Hawkish’ Turn Means for Bitcoin
What Kickstarter Going Decentralized Means for Web 3
But crypto adds a radical new element in that these free software projects are designed for anyone to use, basically without restriction, and, more importantly, are uncensorable. Kickstarter as an entity will not let you donate to a North Korean startup, no matter how benign the project. With ethereum or bitcoin, it’s completely your call – so long as you’re willing to pay the … [Read more...] about What Kickstarter Going Decentralized Means for Web 3