It's now been almost 1 year since the
@Web3foundation
has declared that the $dot token has successfully morphed from a security to software.
To this day the SEC has not refuted the claims and has not mentioned $dot in any enforcement actions
@stoolpresidente
El Pres, I'm at this coffee shop and apparently you are the new rating scale for how good a pizza is. You made it buddy! Also check out
@origin_trail
$TRAC for an investment in crypto as my shameless plug
Broke 40,000 DOT staking! 🥳🎉🟣. I remember at one point when my goal was to get 5,000 DOT. Then it was 15,000. Now here I am at 40,000. By the end of this year the majority of my $dot should fall under long term capital gains. This is a big deal in the US as it lets us pay 20%…
It's now been about 2 years since I quit my IT job to go full crypto. I'm now at the point where my $dot staking income after taxes (tax loss harvesting in 2022 helped me out big time by the way!) is just shy of what my take home pay was when I was working full time.
I wasn't…
I try not to get to caught up in the retail pleb drama in crypto since it's 99% meaningless, But here is just some quick things about the
@Polkadot
ecosystem that the retail people need to hear:
Polkadot has no CEO, it's a fully decentralized ecosystem. If a project has some…
@MarioNawfal
Just think, if these people were not blocking the road an ambulance might have got to them quickly and saved their lives. Karma at it's finest.
"why is no one talking about this?!" No really for once this line makes sense. We just saw $dot become the first crypto besides Bitcoin to officially become a non-security and no one is talking about it on CT. This market truly is messed up 😂
This past year I have been really digging into regulations within crypto and I feel like it's largely overlooked by people investing in this space. This is also why I have really dug my heels into $DOT as I believe they will be the first "SEC approved" decentralized crypto. 👇
After 1.5 years of compounding $dot rewards I've finally stopped compounding and started sending my daily rewards to Coinbase to pay myself a weekly paycheck 🥳🎉. I never thought I would have broken the 40,000 $dot barrier back 1.5 years ago but, here I am and feels surreal.…
Wow, now even
@Cardano
is building on top of
@Polkadot
SDK by using substrate. Wasn't too long ago a founder of Polygon left to build
@AvailProject
on Polkadot SDK and now Cardano. Pretty soon all blockchains will be leveraging $dot ecosystem in some fashion!
🔗 Partner chains are the next frontier for
#Cardano
's evolution! IOG unveils a revolutionary framework enabling independent, interoperable, layer 1
#blockchain
networks to thrive. 💡
Here is my thinkig about a $dot spot ETF...
Once Bitcoin and Ethereum spot ETF's go live it's only a matter time before we see high cap alt coins.
Something to keep in mind though...the SEC decides which token gets approved for an ETF...
So far we've already seen the SEC say…
I don't think CT fully understands the depth of the new video dropped by BSI about
@origin_trail
$trac so let's break this down! Buckle up, this is going to blow your mind fam.
$dot on Coinbase is showing a 70% increase in volume with a 99% BUY status in trading activity within the last 24 hours. Who is buying all this $dot? 👀🤔
The Polkadot Community elected to sponsor
@ConorDaly22
in the upcoming Indianapolis 500 🏎️💨
Conor's IndyCar will be wrapped in pink, powered by DOT.
Checkout out what Polkadot will look like racing past competitors in the
#Indy500
@IndyCar
Good luck ser 🫡
Heya $dot community! After seeing the tweet today by
@bkchr
about him running Doom on
#polkavm
i got me motivated to make a little explainer video about why
@Polkadot
2.0 will be so revolutionary for the blockchain industry. hope you like it!
UPDATE:
#Polkadot
has had more than 5.9 MILLION transactions TODAY and still at 10% capacity.
And it hasn’t skipped a single beat. Still low gas fees, still fast, still secure.
The best blockchain on earth $DOT
The more chains that are built with Polkadot SDK the more future connections the
@Polkadot
ecosystem potentially has into other ecosystems. Polkadot will be everywhere and a part of every web3 ecosystem at some point. Feels good holding $dot for the long run.
Wondering why
@MadaraStarknet
chose Substrate for its blockchain framework? Here are some insights! 🤔
Madara is built using Substrate, the blockchain framework created by Parity for Polkadot.
Substrate provides a modular, production-ready stack that has powered some of the…
"Crypto market is horrible...I'm out!"
Meanwhile $dot holders be like... "I don't know, it's not that bad?"
2023 is going to be a big year for
@Polkadot
Ecosystem. $dot $ksm $trac $otp $cru
Not sure if a lot of people know this, but Ethereum had it's ICO in July 2014 and was $0.31. 2.5 years later on January 1st, the price was still only $8. So when you see things like the $dot price being only $6.05 since it's ICO price of $0.30 after adjusting for the supply…
Nice to see $dot is going to be talked about in front of Congress and also be the poster child of how a token can go from a registered security to software! If you still don't think
@Polkadot
can pass Ethereum in market cap at some point then you're not paying attention. 😎
Web3 Foundation CLO,
@d_schoenberger
, will be testifying on this topic in the US Congress tomorrow at 9:30am ET.
For the Web3 Foundation's written testimony and to learn more:
@WarzoneTFN
I think one of the big reasons Verdansk was so popular is because it catered to all different types of play styles. For such a little map it had a lot of different little sections for different types of play. Wether you liked to camp and go slow in the woods or run and gun in the…
Its funny how many people in my personal life think I'm crazy for staking $dot as my primary income. It just doesn't make sense to them, but that's ok. I'll never forget when my ex-girlfriend's father told me a long time ago how he thought the internet was just a fad that would…
1 Million transactions today on the Polkadot relay chain.
This is the highest activity day on Polkadot in history, topping out the 941,000 transactions on May 5, 2021.
The activity is due to inscriptions.
Notice the SEC still hasn't listed $dot as an unregistered security in any of their enforcement actions yet? Like I said before, you can agree or disagree with the SEC all you want. But at the end of the day as long as they think these are unregistered securities they're going to…
This complaint against Kraken feels like the same thing as the Coinbase suit to me. Notably, heres another list of digital assets that the SEC is claiming to be securities. There's 16 cryptos explicitly listed here including Solana, Cardano & Algorand.
Holding $dot before the institutions started adding it to their funds is what you call a generational transfer of wealth. For once the little guys front ran the big guys.
I can't stress how big this is and it will show over the next few years.
I'm not sure who has to hear this but here it goes.
@Polkadot
only has a 10% inflation rate. People see 17% in staking and assume that $dot has a 17% inflation rate, that is not true. The reason you get 17% is because the other 7% on top of 10% inflation is earned by taking other…
Today I officially gave my 2 week notice at work. I have rented space for the next year that I will be using as a studio/office to work on different things. I plan on putting more time into helping people understand
@origin_trail
$trac and being there for all the mass adoption.
Happy 4th of July! Also today is my biggest $dot payout yet. Crazy to think in a couple of years what one days payout could be worth. By then I could be buying a new car with 1 weeks worth of payouts if I'm lucky 😅
Watching
@gavofyork
talk at
@Polkadot
decoded about Polkadot 2.0 reminds me a lot of how big the evolution of bare metal severs to virtualization was. As someone who has managed data centers for many years you can really appreciate how much this new method limits "server waste".…
@latestinspace
They are already giving us bread crumbs on purpose to set us up for the big disclosure. Next they will say they found artificial parts on Mars next