c/crypto-news

## Except from article. ​ The reported allocation is not being framed as a short-term bet on crypto prices. CoinPost said the main goal is currency risk diversification. The fund’s fiscal 2025 asset mix stood at 80% yen, 15% dollars and 5% other currencies. For fiscal 2026, the fund plans to cut yen exposure to 70% and add a 10% allocation to developed-market currencies. Another 5% would include emerging-market currencies, gold and crypto. Aiyu Kiguchi, the fund’s investment executive director, reportedly said the dollar “may lose its status as a reserve currency,” explaining why the fund did not raise dollar holdings. submitted by /u/zesushv [link] [Kommentare]

Imagine two groups of people. One group owns houses, apartments, land, vehicles, precious metals, and other forms of tangible wealth. The other group holds pieces of paper they call money. In the past, the situation was reversed: the subsequent owners of those papers held the tangible wealth, having created it through their own hard work. The latter group, however, did nothing. They only thought about how to get their hands on that wealth. So, they devised these pieces of paper, along with a story about facilitating exchange, to convince others to hand over their wealth. And the others naively did just that. This raises a crucial, existential question: why would those who now hold the tangible wealth ever hand it back to those with the pieces of paper? There is no economic, logical, or any other rational reason to do so. When someone hands you a car that can satisfy a multitude of real, existential needs in exchange for a piece of paper that fulfills none, you would be crazy to give that car up again just because of a utopian story about how that same paper facilitates exchange. This is precisely why the Bitcoin project has actually already failed, even though people are not yet aware of it. It is the exact same story about money, with the only difference being that the token is digital rather than paper. But the essence of the situation remains the same. There was a group that had tangible wealth and gave it up for the story of money, and a second group that now holds their wealth. Although exchanges are still happening at a certain level due to current market mania and blind faith in that story, statistics show they are constantly declining. When the mania finally subsides, the harsh reality will remain: those who have acquired tangible wealth will not give it up for the sake of those holding tokens. How is it then that, for example, the US dollar did not collapse a long time ago? The gold standard hasn’t existed for over half a century, and dollars today are just pieces of paper or digital records. If we go back to the story of the two groups of people, in the case of the dollar, there is one extremely powerful reason why the collapse did not happen. There is a force that compels those who received tangible wealth to return it to dollar holders. Namely, the dollar is issued as debt. Banks create it by approving loans. When those debtors receive tangible wealth from the public using newly created dollars, they have to pay it back in installments. To return those dollars to the banks and save their real property from foreclosure, they must work and create new wealth for those holding dollars. In the case of the state, which is the largest debtor, it accepts the dollar as a means of settling tax obligations because of its debt, thereby saving dollar holders from asset seizure or prison. So, there is no utopian story about facilitating exchange for theoretical economists to philosophize about here. There is only the harsh reality of existential coercion. It is this very coercion that has kept the dollar alive for over half a century. A financial gun pointed at the head is the only real reason why those who received tangible wealth return that same wealth to those who hold dollars. With Bitcoin and cryptocurrencies in general, on the other hand, the story is entirely different. Here, we have people who, solely because of a utopian story about money, gave up their tangible wealth (or dollars that secure that wealth through the mechanism of coercion) and who now hold nothing but digital records in their hands. Since there is no mechanism of coercion to force the other group, which has acquired real wealth, to return that same wealth to the record holders, the crypto project has already failed at its core. Most people still do not realize this because they blindly focus on the price, which is nothing more than a measure of how much real wealth the last individual in line sacrificed. Theoretically, there could be just two people pumping the price of Bitcoin to a million through mutual exchanges. But that is completely irrelevant. The raw reality on a general level remains relentless: there is absolutely no reason for the group that got the tangible wealth to ever give up a single part of it again in favor of those holding digital papers. Existence always triumphs over utopia. submitted by /u/BinaryLyric [link] [Kommentare]

I've noticed that most traders eventually switch exchanges at some point. Sometimes it's because of fees, sometimes security concerns, and sometimes just a better user experience. ​ What was the main reason you left an exchange and moved to a different one? ​ Lower fees? Better security? Faster withdrawals? Better customer support? More trading pairs? ​ Curious to hear everyone's experiences. submitted by /u/Splinters_suck [link] [Kommentare]

A cool tool to generate vanity addresses for your new token drop submitted by /u/AugmentedGlobal [link] [Kommentare]

What happens to my money if binance doesnt get the license to operate in Europe ? 😕 I dont have a wallet and I cant afford one right now . Will I be able to access my funds with vpn? Thanks submitted by /u/South_Monitor_6992 [link] [Kommentare]

$2.14T The bottom isn’t in. i posted Screenshot on x twitter https://x.com/henry58290/status/2068537156600270962 submitted by /u/henry58290 [link] [Kommentare]

Hi everyone, as the title implies, i am looking for thoughts, recommandations and opinions on using hardware wallets as FIDO/U2F tokens (as well as PGP tokens if possible) from people who used or are using these options. I'm specifically looking for one with these options as i need both FIDO/U2F + PGP and a hardware wallet (for different purposes but i wouldn't mind reducing the cost even if it means my PGP keys are less secure than on 2x 70€ yubikeys which have no crypto usage) As for cryptos, i mostly own SOL and XMR which seems to be both supported by most hardware wallets so probably not an issue. For now, i've seen than both Trezor and Ledger are solid options with these capabilities, but i'd like to get opinions on the options i'm looking for on both of them Thanks for helping :D submitted by /u/1_ane_onyme [link] [Kommentare]

I don’t have time to convince anyone. My results speak for themselves. If you’re serious about trading and willing to learn, the performance and consistency of my work will show you everything you need to know. submitted by /u/Outrageous-Hat9277 [link] [Kommentare]

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams. Rules: All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect. Discussion topics must be related to cryptocurrency. Behave with civility and politeness. Do not use offensive, racist or homophobic language. Comments will be sorted by newest first. Useful Links: Beginner Resources Intro to r/Cryptocurrency MOONs 🌔 MOONs Wiki Page r/CryptoCurrency Discord r/CryptoCurrencyMemes Prior Daily Discussions - (Link fixed.) r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance. Finding Other Discussion Threads Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted. u/CryptoDaily- — Posts the Daily Crypto Discussion threads. u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads. u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads. u/CryptoNewsUpdates — Posts the Monthly News Summary threads. submitted by /u/AutoModerator [link] [Kommentare]

Not my post but a nice break from meme content submitted by /u/losingthehumanrace [link] [Kommentare]