Recent content by btcinfo891

USD share of SWIFT transactions fell from 72% at peak to 57% in last 20+years. Trend is clear even if pace is slow

"Slowly" is key word. This is decade+ trend, not imminent collapse. But yeah, keeping large amounts in USDT long-term probably not smart regardless of dollar concerns. Either convert to harder asset (BTC) or use it for what it's meant for - temporary store for trading

Current Tether reserves breakdown (according to their latest attestation): ~85% cash and cash equivalents ~5% corporate bonds ~4% secured loans ~3% precious metals Rest in crypto/other Problem is "cash equivalents" includes commercial paper which could be risky if there's a run

its about not trusting tether to maintain peg. usdt could depeg any day then youre fucked

I stick with BTC despite fees. Only real crypto imo, stablecoins are just digital dollars btw dollar strugglin now so sayin it's stable as rock is kinda naive no?

I guess I have to stop complaining about EU regulations. USone creeps me out much more

Insurance covers Coinbase getting hacked. Doesn't cover your account getting compromised, them freezing your funds for "investigation", or regulatory issues. Always recommend self-custody for serious amounts.

difference is retail already spent their money getting rugged by memes and worthless nfts who's buying your bags? institutions said no to 99% of alts. retail broke. whales in btc.

btc been crabbing 85-90k range for how long now? where's the rotation then? past cycles money flowed btc > eth > large caps > small caps. so i guess institutional money just staying in btc this time

public hammering knicks, sharp money might be on magic. classic fade the public spot

Spurs listed him as questionable with left calf strain. He missed the Lakers game with same injury. No update yet but probably game-time decision Even if active, probably limited minutes. Can't risk making it worse in semi

Thunder: -230 (Bet365) / -250 (DK) Knicks: +380 (Bet365) / +425 (DK) Magic: +850 Spurs: +850 Thunder basically prohibitive favorites at this point

payment blocking has gotten more aggressive though. saw news about ksa working with banks to stop crypto exchange transactions linked to gambling. so might work fine now but could wake up one day and find your exchange account frozen cause they detected gambling-related activity

i looked at bitstarz and it has au mirrior site where payid claimed (min $20 aud, withdrawals 1-2 hours) while official site has none

works until you try send to exchange that doesnt support it. then youre filing support tickets for weeks trying to recover funds