The Sunday Crypto Recap – Down the Rabbit Hole 59

Overall, the charts look set in their bearish ways. A Christmas rally seems increasingly unlikely. Thankfully, there are plenty of other areas worth focusing on from central banks announcing plans to roll out their own versions of crypto to China’s daily expansion into blockchain. This week’s recap focuses, in particular, on the Chinese Communist Parties ‘plans’ for the cryptosphere.


Picks of the Week

This report on the current state of play of blockchain in China. This podcast wrapping up a 5 part series on the same topic and this article examining the CCP’s ’embrace of blockchain’ but evident antipathy towards Bitcoin.


Twitter

This BTC thing will never catch-on:
https://twitter.com/intangiblecoins/status/1202950870939422720

A perspective on why BTC price lags apparent interest:
https://twitter.com/AdamPaulMoore/status/1201561011750408192

BTC halving likely to lead to a price rise?:
https://twitter.com/100trillionUSD/status/1201983119387217925

Over a thousand companies in Hainan province alone are in
some way engaged with blockchain:
https://twitter.com/mg0314a/status/1202150448074903553

On EOS achievements to date:
https://twitter.com/EOS_Nation/status/1203437924538298368

China’s embrace of blockchain is neither benign or destined to succeed:
https://twitter.com/aantonop/status/1203829157681094658

Peer to peer cash – why its hard to achieve ad why it matters (highly recommended):
https://twitter.com/MiguelCuneta/status/1202877557370044417

Gold and yields showing remarkable divergence:
https://twitter.com/TaviCosta/status/1205272294542602240


Articles

BTC is not failing:
https://medium.com/swlh/why-bitcoin-is-not-failing-39e10eef1be1

Is BTC really deflationary?:
https://medium.com/@Conner_/stop-calling-bitcoin-deflationary-84462cb90345

China ‘loves’ blockchain but ‘dislikes’ BTC – so why is that? (recommended):
https://rhythmofbitcoin.substack.com/p/blockchain-is-the-censored-word-for

BTC halving impact will have minimal market effect:
https://www.forbes.com/sites/youngjoseph/2019/12/03/prominent-investor-says-halving-wont-have-a-big-impact-on-bitcoin-price-heres-why/#6a98620b777b

Is BTC in its ‘chasm phase’? (highly recommended):
https://medium.com/swlh/bitcoins-success-in-the-future-will-depend-how-it-emerges-from-the-chasm-phase-c6b726541399

The complex reality of Altcoin tokenomics (recommended):
https://medium.com/@leo.vigna/chainlink-to-infinity-link-to-zero-the-risks-of-token-abstraction-640fbd97a9b7

A report on one of the first EOS blockchain games (recommended):
https://medium.com/crypto-sword-magic/game-economy-report-bac24c42c9e7

Excellent overview of the current state of the blockchain industry in China (leads to a link to download the report – highly recommended):
https://forkast.news/china-blockchain-report/

HEX is a clever scam but a scam nonetheless:
https://medium.com/@TooWumboToFail/under-a-hex-396847b86e57


Podcast

Deciphering China’s role in blockchain – Part 5 of 5 (highly recommended):

https://podcasts.apple.com/au/podcast/two-minute-crypto-deciphering-chinas-blockchain-play/id1441492450?i=1000459456421


YouTube

A good overview of possible trends for crypto 2020:


BTC’s ROI is decreasing each cycle but still impressive:


Anton Antonopoulos on EOS (highly recommended):


REX is back up and running + a little context on DAPP costs (recommended):


Colin shares his views on a wide range of crypto topics:


Infographics

Whose buying BTC (on Localbitcoins):

https://twitter.com/ProofOfSteve/status/1201411289701965829

A useful visual guide to the main forks BTC soft/hard over the years:

https://i.redd.it/1pvmr98w5x041.png

It’s been a heck of a run for equities:

https://twitter.com/tracyalloway/status/1202414250276184064/photo/1

Website / Utility

Useful website for researching DeFi projects:

https://defipulse.com/defi-list

Lots to take-in. As always looking forward to your comments and suggestions.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

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