QUOTE OF THE DAY
“If we open a quarrel between the past and the present, we shall find that we have lost the future.”
How's Bitcoin Doing?
China? SegWit2x? Forks? Bitcoin doesn't seem to care. All Bitcoin cares about is sucking the life out of every coin that isn't Bitcoin.
Oh, and does anyone else find it a bit funny that other than Bitcoin, the only two green coins on this list are Ripple and a pyramid scheme?
SEC Asks For Two New Bitcoin ETF Applications Withdrawal
According to Cointelegraph, the SEC has asked for withdrawal of the application for Bitcoin derivative ETFs via a formal letter to the applicants.
Looks like the SEC is not ready to handle the derivatives ETF at this time.
THINGS I LIKE
The Definitive Bull Case For Ethereum
Great little read from the Store Of Value blog. The fellow explains why he thinks Ether is valuable, and why it continues to have tremendous upside.
The TL;DR list is:
- Ether is a fuel, not a currency
- Proof of stake
- Focused leadership
- Upcoming technology - Plasma and Raiden
- Ethereum as a highly useful public utility
- Budding corporate adoption
- Powerful decentralized applications
You can read the article here.
7 Thoughts On Blockchain, Cryptocurrency & Decentralization
Here are some of Lou Kerner's thoughts on blockchain, crypto, and decentralization after spending 3 months in the rabbit hole.
It's always great to immerse yourself in new perspectives.
You can find his article here.
My Current Sentiment: Neutral
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