RE: LeoThread 2024-10-28 03:27

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Back to making #crypto #threadcast.

This is my second threadcast for us to learn and discuss crypto. Drop anything crypto.

Memes, News, lessons, advice, opinions, rethreads, links to blogs on inleo, Questions and Answers, videos, shorts, and you add the rest. As long as it's got crypto in it. Drop em down below.

I Don't see myself as a guru, I'm just having fan. You may probably know more than me so come in here and teach me.

#inleo #leofinance #cryptocurrency #microblogging



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14 comments
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Have you read up on $RUNE and the entire Thorchain ecosystem?

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No I haven't, let me look it up today.

I'd drop what I find in here so we discuss it

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First thing I discovered was that Thor chain is one of the decentralized ecosystem out there.

If I may ask, what makes them unique from the other decentralized ecosystems.

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The core of THORChain’s technology revolves around “continuous liquidity pools” (CLPs), where RUNE acts as a bridge asset. When users swap between two cryptocurrencies, THORChain’s protocol converts the initial asset into RUNE and then from RUNE to the target asset. This process allows for seamless swaps without relying on wrapped assets or intermediaries, unlike other exchanges.

What are charges there like?

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Microsoft is being nudged towards diverting some of its cash into Bitcoin, with many regarding such a move as brilliant to curb the rate of inflation.

The idea here is straightforward: Microsoft's cash, largely invested in bonds, barely stays ahead of the rate of inflation.

A shareholder proposal says even a tiny fraction, say 1% into Bitcoin would add diversity that could protect Microsoft's money from the inflation bite.

It would appear that the Microsoft board is not quite as convinced. "We've looked at Bitcoin. We don't need this," they're saying. The whole team is in place, they say, watching and weighing investments to ensure the investments are stable. They say that doesn’t quite align with their cautious strategy.

MicroStrategy, plunged headfirst into Bitcoin, and it works for them. It's somewhat easy to say, "Why not? Why isn't Microsoft being more adventurous?" Perhaps that is just the point; it is Microsoft, and not exactly a company known for taking wild risks.

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Whats your take on this?

Should they get a little adventurous or stick to the same old working path that made their founder the richest man in the world?

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