Forget 2021, they should have been raising rates before the pandemic began, economy of 2018/9 could have handled it.

Had they done so, they would have had the ability to drop rates during the lockdown and maybe print less cash. Instead it was just all "create more money and give it away."

If he's so focused on such important emerging technologies why does he spend his days tweeting about Twitter? Just replying to random nobodies all day long. It's almost sad.

"depends on the strength of LUNA's price and on its key DeFi platform, Anchor, continuing to produce an up to 20% yield"

Seems like depending on 20% returns to functionally exist might be unsustainable but I'm just a humble web 2.0 user.

"he hopes that in the future crypto is used for fair voting systems, urban planning and universal basic income"

Except that it doesn't actually do any of that and never will. Hence the monkey pictures.

I hope in the future I hit the lottery, learn Mandarin, and date Scarlett Johansen.

It's insane that Tether literally "prints money" out of thin air based on absolutely nothing. And they do it at highly suspicious times when Bitcoin is tanking to keep the price afloat.

I 100% think Tether absolutely could collapse within 12 months and expect it to knock a good 50% or more off the entire crypto market.

The EU was in the middle of like a 30 year, many billions/trillions plan to build a superstructure around Chernobyl for "another hundred years" containment deal. Science channel had an hour special on it recently. Would be very bad if that was damaged/affected at all. Obviously its at least delayed as long as this is going on.

"The fact that the SEC (and similar institutions worldwide) don't see fit to do anything about it is just mind-boggling to me."

It would be one thing if the large exchanges were US based, employing thousands of people and paying billions in taxes. Like I get when people say "shut down Facebook" and the government is like, uhhhh, they employ 500K people....

But they are all foreign companies, employing virtually no US citizens, while draining their bank accounts. Do you know anyone with a real, paying job in Crypto? Of course not, because they all exist in Aruba and Bahammas and other regulation havens and are run by Russian and Chinese founders. Wonderful!

Shut the garbage down, make it harder to buy Crypto than to buy weed online.

Much crypto trading is done with Tether, which regularly "prints" billions of dollars based on almost no currency backing. Totally unregulated, supposedly backed by securities and cash, but not audited one bit. When someone asks "where all the money in crypo" comes from, its literally invented in thin air.

When they go belly up, and there will come a day they implode with 100% certainty, the crypto market loses probably 80% plus that day. Maybe more.

Remember when a GOP governor said they were going to become the biggest producers of flat panel TV's? Billions in tax money wasted so that some insiders got paid and the people were left with a road to nowhere and an empty office building.

With Bitcoin you wont even get the road.

Cuban has said for the past 2 years that over 80% of his investments are in crypto. Yet this is just a regular old website. If the bLocKcHaIns are so incredible, why isn't this new business built on top of it?

Because it's useless in real world scenarios? Unpossible.

"I do hope they can trace and catch the fraudsters though."

Hello police, I willfully handed my magic beans over to the wrong hash address, can you help.

Get me a PS5 on the shelves, get my vote.

So the programming language for people who dont know how to code isn't doing well. Who would have thought?

The reasoning is because Apple did it?

Apple has to fit its chip into a 4 oz container slightly larger than a credit card. You've got an entire f'in car, put 100 chips in it genius.

Any student from the school can attend Univ of Akron for free.