Stables have been a big narrative throughout this cycle. At some phase we'll need proliferation of Gold Tokens in the same manner we have Stables. Actual pairs, and deep LP's. Perps/Dex's/Lending protocols w/Gold tokens as collateral. We need to bridge into that liquidity if we are to absorb that marketshare. Multi-pronged assault while simultaneously providing a broader depth of flexibility, and more stability to defi as a whole. Imagine having taking profits/positions via XAUT throughout this entire cycle.
2024/11/21
Bitcoin flipping gold is nothing but the restoration of sanity to our reality. The number of multiples it flips by is the more interesting question to ponder. Maybe 5-10x larger is approaching a fair valuation.
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