MONEY IN THE METAVERSE

Zap Inc., a Lightning payment startup, has announced its new payment application Strike Global that uses the Bitcoin lightning network and Bitcoin itself to offer instant and free payments globally.
  • “The macro monetary landscape supporting the case for Bitcoin became globally apparent in 2020, increasing miner conviction.
  • Miners have access to vastly superior financing options such as coin collateralised debt, and liquid options and futures markets to hedge risk.
  • Reduced ASIC miner production due to constraints on global chip fabrication capacity. As price rises, existing hash-power becomes increasingly profitable as little new competition can come to market.”
This just the Federal Debt. Total debt including state, local, household & non-profit organizations & corporations is at an unprecedented 895%
  1. YFI (5.6%)
  2. WBTC (3.2%)
  3. LINK (2.4%)
  4. WETH (2.3%)

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Balla Ji

Balla Ji

A Ballin’ Hexconomist

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