Wednesday, October 9, 2019

📌 UNICEF Goes Crypto, Reformed HODLer, and Digital Euros?

 MUST READS 

Confessions of a Reformed Crypto Doubter


Our boy Jared Dillian (who we've been reading for years at Mauldin Economics) came out with a whopper on Bloomberg this past week.

A great read from a true contrarian...
 

UNICEF Launches Cryptocurrency Fund


UNICEF can now receive, hold and disburse donations of Ether and Bitcoin through its new cryptocurrency fund. Contributions will fund open-source technology benefiting children and young people around the world. Read more here.
 

Coinbase Pro Is Increasing Its Fees – And Users Aren't Happy


Coinbase Pro – the cryptocurrency exchange's platform for professional and institutional traders – just increased fees for lower-volume customers and reduced fees for high-volume transactions...

Here's a short thread from @JoeMccann providing some insight on why Coinbase made this decision... and what it means going forward.
 

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 DEEP DIVE 

Headless Brands


Here's an interesting paper on headless brands (brands without a central spokesman or managerial body… like many blockchain-organizations) and the modern age of networks.
 

State of Crypto Markets in Asia


A few weeks ago, Bobby Ong of CoinGecko delivered a presentation on the State of Crypto Markets in Asia during the CoinDesk Invest Asia conference. He just made a summary of his presentation and published it here.

TLDR: In the past 5 years, the crypto market has shifted from a Western-dominated industry to a very Asian-dominated industry.
 

The Invisible Protocol Thesis: Tomorrow's Crypto Unicorns


Every technology cycle is defined by the interplay between innovation and the capital to finance and sustain it. So, if you want to predict a technology's future course, follow the money…

Who are going to be tomorrow's crypto unicorns... as we cross the chasm?
 

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Free Stock Trading Event With Legendary Trader


On Wednesday, October 23rd, at 8 pm ET, trading legend Jeff Clark is putting on his first-ever stock trading event to reveal…

The S-Force Method: How to Make More Money Than You Can With Options — Trading Nothing But Tiny Stocks…

And if you'd like to find out how to trade tiny, $1 stocks and potentially walk away with as much as $4,550…  $15,900… and even $30,050 per trade — without using options — you'll want to register immediately.

Register for FREE here.
 

 REGULATORY FRONT 

German Finance Minister Wants To Introduce A Digital Euro


Germany's finance minister, Olaf Scholz, sees a need for a digital euro but believes private businesses such as Facebook should stay out of the game.

"We should not leave the field to China, Russia, the US or any private providers."

 

US Lawmakers Ask Fed to Consider Developing 'National Digital Currency


Not necessarily in response to the above article, but echoing a thought that seems to be making its rounds across governments, two U.S. lawmakers want the Federal Reserve to consider creating a digital dollar.

In a letter sent to Federal Reserve Chairman Jerome Powell, Rep. French Hill (R-Ark.) and Rep. Bill Foster (D-Ill.) outline concerns they have about risks to the U.S. dollar if another country or private company creates a widely used cryptocurrency, and ask whether the central bank is looking into creating its own version.

"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy... a study found that over 40 countries around the world have currently developed or are looking into developing a digital currency."

 

 TWEET OF THE WEEK 

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