admin Posted November 25, 2021 Report Share Posted November 25, 2021 style="height: 100%;margin: 0;padding: 0;width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;background-color: #FAFAFA;"> Enjoy the Latest Edition of Crypto Trader Digest - DAO Lay Lo Mo A Message from Alexander Höptner, CEO of BitMEX This installment of Crypto Trader Digest reminded me of what brought many of us to the world of crypto in the first place: our vision of a decentralised, inclusive financial ecosystem. We often fall short of that ideal - but there’s hope, and it lies in the metaverse, according to Arthur. And the key to decentralising finance will be the DAO, or Decentralised Autonomous Organisation, existing on a public blockchain. This radical transparency will enable some groundbreaking innovations - DAO banks, fixed-income markets, even credit cards issued by DAOs in the metaverse. The uninitiated might think that DAOs are silly creations formed to pursue whims like buying a copy of the US Constitution (and ConstitutionDAO almost succeeded, only to be denied by Ken Griffin, the ultimate TradFi avatar). But to dismiss DAOs, and the principles and technology that underpin them, would be a mistake. ConstitutionDAO isn’t the death of the DAO - it’s the birth of a new era. Dive into the possibilities in this week’s Crypto Trader Digest. - Alex (@AlexHoeptner) From the Desk of Arthur Hayes DAO Lay Lo Mo (Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) After spending a third of my life in Hong Kong, my Cantonese is still rubbish. I can squeak out my address with an acceptable accent, but not much else (aside from my repertoire of essential Cantonese expletive phrases, which is passable). Walking down the street in Hong Kong, you might believe this island to be a city of malcontents due to the noise and tone of overheard conversations. If you happen to like Dim Sum, the cacophony of loud-spoken Cantonese is a key part of the experience. And if you are really a local, you will be able to swear using the correct tones. Supposedly there are nine tones in Cantonese, of which I know exactly zero. I can barely intonate Mandarin correctly, and it only features four. My tutor is always correcting me. The most common spoken invective is Diu Lay Lo Mo – and it’s used often and in many situations. A correctly placed Diu will get you far, even if 90% of the sentence is in English. The linguistic features of Cantonese have almost no relevance to DAOs and the metaverse– so don’t go looking for hidden meaning in the title of this post. I just really liked the sound of it. With that bit of non-sequitur context out of the way, onto our regularly scheduled programming. Click here to continue reading this edition of Crypto Trader Digest – Arthur Hayes, Co-Founder of BitMEX (@CryptoHayes) Latest Commentary from BitMEX BitMEX Expands to Vancouver, British Columbia We are glad to announce that the latest destination for the expansion of our global footprint is Vancouver, British Columbia. Vancouver is an ideal destination because of its innovative culture, crypto-savvy workforce, and welcoming business environment. Our Vancouver presence will allow us to more quickly grow and establish more robust 24/7 support functions for our business – including technical, security, customer support, and devops capabilities. Our Vancouver expansion comes as we greatly open up more trading opportunities in new product lines for clients across a number of jurisdictions globally. Latest from BitMEX Research Bitcoin vs Ethereum - Blockchain Size In this piece, we attempt to compare and evaluate the differences in the blockchain size and data storage requirements of Bitcoin and Ethereum. Surprisingly, Bitcoin’s blockchain is still larger than Ethereum. However, this is about to change and Ethereum is soon set to surpass Bitcoin with its rapid appreciation in blockchain size. On the other hand, this metric is not a particularly useful comparison, as to learn useful information about the Ethereum network, one needs to perform significantly more computations and generate far more data. Social Spotlight View this email in your browser No articles in this email should be copied or reproduced in whole or in part. The information contained does not constitute research or a recommendation. Neither HDR Global Trading Limited nor any of its affiliates make any representation or warranty as to the accuracy or completeness of the statements or any information contained in these articles and any liability therefor (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. This is not providing any financial, economic, legal, accounting or tax advice or recommendations. In addition, the receipt of this email is not to be taken as constituting the giving of investment advice nor to constitute such person a client of the BitMEX trading platform. This email was sent to <<Email Address>> why did I get this? unsubscribe from this list update subscription preferences BitMEX · Suite 202, 2nd Floor, Eden Plaza · Eden Island · Mahe · Seychelles Quote Link to comment Share on other sites More sharing options...
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