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THE SHORT BEAR
@TheShortBear
Market Wizards | Contrarian stoic trader and long term investor | since 2013 | Tweets are purely for entertainment purposes and not investment advice
Joined May 2015
705 Following    205.8K Followers
Blockchain allows a synergy that we couldn’t have before. More assets can be monetized for yield, which increases the borrowing ability and collateral exponentially, all while transaction speeds explode and fees decrease. A whole new array of products will be able to interlink with these new updated rails and create a new area for finance. $ETH having the dominating share in almost all of big projects. The incentives to create products where liquidity and security is best will likely create a network effect that will consolidate most activity on the best chain while other projects become precise solutions for specific use cases. All of this while the l1 scales exponentially and economies of scale does the rest.
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Crypto-backed mortgages have moved in. Borrowers in the US can now use Bitcoin as collateral for a down payment - without having to sell it or face margin calls. Plus, Coinbase One members can get up to $10,000 back at closing.
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