Being in Cardano is like being Jewish. People hate you for no reason whatsoever all the time no matter what.
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Seeing a lot of SOL folks saying the LIBRA debacle is worse than FTX… that’s quite the exaggeration. Feels more like a Solana problem than anything else. I wonder if the broader market will catch on to that in the short term.
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It’s always nice finding a couple bucks in your winter coat 🤣
This is insane.
I had to fact check this video from @SenLummis, when she stated that gold certificates held by the Federal
Reserve are valued at 1970s price.
She is right, and it is nuts. I looked it up...
Gold certificates held by the U.S. Treasury are still valued at their 1973 statutory price of $42.22 per ounce, rather than the current market price of gold.
How Gold Certificates Are Valued in the U.S. Reserve:
- Fixed Price of $42.22/oz:The U.S. Treasury values its gold reserves based on a statutory price set in 1973 ($42.22 per troy ounce).
- This valuation remains unchanged despite the market price of gold being significantly higher (currently around $2,000+ per ounce).
Gold Held at Fort Knox and Other Depositories:
- The U.S. holds 261.5 million troy ounces of gold.
-At the outdated valuation ($42.22/oz), this gold reserve is reported as ~$11 billion on the Federal Reserve's balance sheet.
-If marked to current market value, the reserves would be worth over $500 billion.
Why Doesn’t the U.S. Update the Gold Price?
- The statutory price is a relic of the Bretton Woods system, which ended in 1971 when the U.S. fully transitioned off the gold standard.
- Adjusting the value would affect monetary policy, Treasury accounting, and international financial agreements.
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I see crypto the same way I see nation-states. People want liberty and freedom, security and prosperity, fair elections and accountability, property rights and equal opportunity. Cardano embodies these values. God bless the Republic - God bless Cardano!
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Looking at this AI debacle objectively: We’ve discovered that the biggest boost to productivity can be achieved at a fraction of the cost, dropping entry costs by 1000x. While ineffective development may take a hit, this is undeniably bullish for the sector!
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You know how they say “don’t invest in something you don’t understand”, that includes short positions.
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Markets aren’t paying attention yet, but they will react to a ceasefire agreement between Israel and Hamas. With a gradual return of hostages, Israel could close this chapter and reinforce its role as a major player on the global stage.
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Did God Code the Ultimate Technology? youtu.be/iBHe_gTHs1E?si=jjQw… via @YouTube
Check this out for some great insight 🥸
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נגד א׳ היקר, אתה אדם בוגר ואתה תשלם על הטעויות שלך כמו שאר האנשים במדינה במידה ועברת על החוק. לא מבין מה הסיפור פה.
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שנים חשבתי שאני מדמיין את השחיטות וחוסר המקצועיות של משטרת ישראל, אני שמח ועצוב בו זמנית לגלות שלא טעיתי. משטרת ישראל רקובה מהיסוד ואין לי ספק שללא טיפול שורש אנחנו נראה אותם במדים חומים עם סמל מפלגת השלטון על הזרוע.
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Top meme coins in a crypto ecosystem are like investing directly in the VIX of that blockchain. meme coins are volatile sentiment-driven, and a pulse check for community excitement. Betting on them is speculating on the ecosystem's 'fear and greed' cycle. #snekcoinada #snek
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Top meme coins in a crypto ecosystem are like investing directly in the VIX of that blockchain. meme coins are volatile sentiment-driven, and a pulse check for community excitement. Betting on them is speculating on the ecosystem's 'fear and greed' cycle. #snekcoinada #snek