Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Peter Thiel

CryptocurrencyFinance

Can Reserve Rights (RSR) compete with Tether (USDT)?

 
The Reserve Rights (RSR) is an Ethereum stablecoin powered by the Reserve Protocol. They back the Reserve Protocol with other stablecoins. The Reserve Protocol’s current backing comprises one third USD Coin (USDC), one third TrueUSD (TUSD), and one third PAX Dollar (USDP).

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Opportunities

Fusion company raises $500 million

TechCrunch claims Helion has commitments for another $1.7 billion in investments. If that claim is true, Helion could receive up to $2.2 billion, or more than all the known private investment in fusion. The Fusion Industry Association estimates private individuals and organizations invested $1.7 billion was in fusion before October 2021.

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My Thoughts

The Religion of Technology

Technology is likely to become the basis of our philosophy, religion and politics in the near future. When it does it will mark a paradigm shift as great; and perhaps as bloody, as the rise of Islam or the Protestant Reformation. Whether we are ready for that revolution is anybody’s guess.

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Politics

Who is the Next Donald Trump?

Trump is simply the latest in a long line of people who sought to leverage fame into political power. He will not be the last, and his career might mark the beginning of a new age of fame and politics.

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