Christopher Brookins
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What is the best way to leverage on-chain behavior and reputation in a Web3 world?
Researcher and analyst Christopher Brookins makes the argument that the fixed outstanding supply of bitcoins, the scarcity narrative, and HODLers have created a self-reinforcing feedback loop that remains bullish for Bitcoin’s long term prospects.
The Loopring native token has performed strongly since the start of January benefiting from favourable market conditions and the growth in trading activity of Binance altcoins. Network activity remains lackluster, however, with active user numbers low even by crypto standards. Nonetheless, major updates deliver the potential for a bright future.
Last week, a consortium of high profile investors piled $133 million dollars into Basis (previously basecoin), a stable coin startup and ICO project. This news is impressive because of the amount of money raised, caliber of investors, and their protocol leveraging an algorithmic token issuance process to ensure price stability.
A heuristic strategy for problem-solving might otherwise be described as a ‘rule of thumb’ or ‘best guess’ approach. It’s fine for some things — like pumping up your tyres or watering plants — but it’s arguable that it has no place in cryptocurrency investing