daniel, Author at Market Mad House

daniel August 13, 2023 How the PayPal Stablecoin (PYUSD) will work, How they will back the PayPal Stablecoin (PYUSD), PayPal (PYPL), PayPal Stablecoin (PYUSD), What Value Does PayPal USD (PYUSD) offer?, What value will the PayPal Stablecoin (PYUSD) offer?

How they will back the PayPal Stablecoin (PYUSD)

I think PYUSD could be a gamechanger because hundreds of millions of PayPal users have access to it. There were 431 million active PayPal accounts in the second quarter of 2023, Statista estimates.

Cryptocurrency Finance

daniel August 4, 2023 How Safe is the Pax Dollar (USDP)?, Is the Pax Dollar (USDP) the future of Cryptocurrency?, Is the Paxos Dollar (USPD) Safe?, Pax Dollar (USDP), Pax Dollar (USDP) profits from Dollar Domination, The Dollar gives Pax its Value, The Future of DeFi is Safe and Boring

Is the Pax Dollar (USDP) the future of Cryptocurrency?

On 30 June 2023, backed Pax Dollar with Total Cash Deposits with a current market and notional position value of $195.798 million, Paxos reports. They kept around $185.5 million of that cash in FDIC insured placement networks (bank accounts) and $10.298 million of that cash in other deposits and insured depository institutions.

Cryptocurrency Finance

daniel August 4, 2023 CurveDAO (CRV), Decentralized Finance (DeFi) for the Under-banked, People have no access to Finance, SushiSwap (SUSHI), The Final Frontier of DeFi, The Future of DeFi, Uniswap (UNI), Why is DeFi back?

Curve DAO (CRV) shows DeFi is Back in a Big Way

Thus, frustration with the financial system drives interest in DeFi, which generates new DeFi solutions. Frighteningly, this frustration often drives people to questionable solutions such as Worldcoin, worthless products like Hippocrat (HPO), and fraudsters, including Sam Bankman-Fried of FTX infamy.

Cryptocurrency Finance

daniel July 29, 2023 Are Sam Altman and Worldcoin full of bullshit?, Sam Altman, So What is Worldcoin (WLD)?, What are Worldcoin (WLD) and WorldID?, Worldcoin (WLD) is a Terrible Cryptocurrency, Worldcoin and WorldID, Worldcoin Orb

Worldcoin (WLD) is a Terrible Cryptocurrency

Moreover, there are allegations Worldcoin and WorldID are not secure. For example, BlockBeats and Gizmodo claim there is a black market for the Orb’s iris pictures.*

Cryptocurrency Finance

daniel June 13, 2023June 13, 2023 Could the SEC Destroy Binance (BNB)?, How the SEC is trying to destroy Cryptocurrencies, Which Cryptocurrencies will the SEC destroy?

Which Cryptocurrencies will the SEC destroy?

Hence, the SEC is targeting the fourth and 14th largest cryptocurrencies. Plus, an older SEC lawsuit targets XRP (XRP) the sixth largest cryptocurrency. XRP, the cryptocurrency formally known as Ripple, had a $27.317 billion Market Capitalization and a $1.197 billion 24-Hour Market Volume on 12 June 2023.

Cryptocurrency Finance

daniel June 2, 2023June 2, 2023 a $29.077 million Fully Diluted Market Cap, a $29.077 million Market Capitalization, and a 24-Hour Market Volume of $98 on 1 June 2023. They base those numbers on a Circulating Supply of 28.6 million USDK. Thus, CoinMarketCap gave USDK (USDK) a $1.0163 Coin Price, Hence, intelligent web3 data platform, OKLink, Prime Trust, Tether (USDT), The Mysterious USDK (USDK) Stablecoin, the organizations that supposedly issue USDK do not seem to use it or mention it. Conversely, US Dollar-pegged stablecoin, USDK (USDK), What Value does USDK (USDK) offer?

The Mysterious USDK (USDK) Stablecoin

There is a mystery about the USDK (USDK) stablecoin. USDK was CoinMarketCap’s 514th ranked cryptocurrency on 1 June 2023. Yet, I can

Cryptocurrency Finance

daniel May 26, 2023 Garbage Meme Coins are Taking Over, Hackers can Takeover DAOs, Mr. Market still Believes in Tornado Cash (TORN), Pepe (PEPE), The Pepe Ponzi Scheme shows why DeFi needs regulation, Tornado Cash (TORN), Tornado Cash (TORN) shows why DeFi needs Regulation, Tornado Cash is a Money Laundry

Tornado Cash (TORN) shows why DeFi needs Regulation

I think Tornado Cash (TORN) shows why speculators should welcome the regulation of decentralized finance (DeFi) and cryptocurrency. Tornado Cash

Cryptocurrency Finance Legal

daniel May 23, 2023 Howey Test?, SEC declares Cryptocurrencies Securities, SEC Lawyer Binance (BNB) fails the Howey Test, Stablecoins are Securities, Will the SEC Regulate Crypto?

SEC declares Cryptocurrencies Securities

SEC attorneys argue many cryptocurrencies meet the criteria for securities from a US Supreme Court case called SEC v. W. J. Howey Co, BeinCrypto speculates. Hence, if federal judges agree with the SEC, many cryptocurrencies could become securities overnight.

Finance My Thoughts Opportunities Politics

daniel May 17, 2023 A Nation of Caregivers needs a Basic Income, Basic Income, Basic Income is Freedom, How a Basic Income Can Help Caregivers, How America punishes Responsibility and Rewards Irresponsibility, Nation of Caregivers

A Nation of Caregivers needs a Basic Income

This story shows America’s current caregiving regime is immoral. Our system punishes responsibility and rewards irresponsibility. Fortunately, most people are not irresponsible, which makes the system worse. America rewards an irresponsible minority while punishing the responsible majority. That is not how capitalism is supposed to work.

Finance Opportunities

daniel May 12, 2023 Buy-and Hold, Development, Effective Real Estate Strategies, Fix-and-Flip or Flipping, Redevelopment, REITS, Rental Ownership, Short-Term Rentals, Value-Add, Wholesaling

The Best Real Estate Strategies

The difference between value-add and flipping is that value-add investors can either rent or sell the property. Value-add can be a low-cost alternative to development.

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