Community Q's from Today (Patreon)

Hi Team

as you know I was on DCA this morning and after I spent a lot of time in the community in Discourse and Discord.

Here are some Q & A's that maybe of interest:

1) Dan has some Harmony One staking issues - if anyone can help let us know. I have never used a Harmony One Wallet. Submit a reply to this question here

2) Harmony ONE worth it?

ANSWER: Harmony One has experienced a significant drop in rankings on our SCP Profiler, currently standing at 16th on Layer 1’s list, compared to being in the top 10 just a year ago. Moreover, the network’s adoption rate is low, and it runs at a mere 0.3 TPS, with minimal development activity taking place. Unfortunately, it seems like Harmony One is not thriving and may be considered a stagnant project.
ONE ranking out of the top 20 SCP's now ranks #16.

3) CTO is talking up Uranium Stocks - worth it?

ANSWER I checked the top ones and it seems like the charts are not something I would touch.  Mining is always a cut throat business and the spot uranium market is a relatively small and illiquid market compared to other commodity markets, which makes it more susceptible to manipulation. Additionally, the market is dominated by a few major players who control a significant portion of the supply, which could allow them to influence prices.

4) I see some decent examples of pair trading when the pair trade chart is sideways and oscillates between a consistent roof and floor. (like the recent MSTR/GBTC example ‘community member nails pair trade’) But what if the chart starts declining?

ANSWER - declining anything you either want to be short or get out.  Pair Trading works best when there is that sideways channel that oscillates or an upward channel.  Here is the example - you want to be flat or upwards.

5) Many Q's re the idea of a "fair chance" narrative to start again with Bitcoin. Some feel that the narrative is akin to theft as it rewards those who got in early and disregards those who have invested their life savings into Bitcoin.

ANSWER This image captures the essence of the issue - holding onto FIAT currency will inevitably lead to financial harm. With an annual debasement rate of 14%, the erosion of its value is only set to accelerate. It appears that governments are unable to reverse this trend, making the “fair chance” narrative all the more compelling. Despite the increased attention on Bitcoin during recent economic crises, it’s clear that we are still in the early stages of its development. While central bank digital currencies (CBDCs) may seem appealing to governments as a means of controlling their populations, they are ultimately a form of tyranny. There is always that 1% chance that Bitcoin will go to Zero - but that is better than FIAT losing 14% each year.

6) Is $GMX any good or are there better DEXs to invest in?

NOTE I DO NOT OWN ANY OF THESE:  While GMX has a great looking chart and enjoying amazing adoption, the compendium score is not as good as others such as $RUNE, INJECTIVE and BANCOR - I think Injective $INJ looks the best.... but GMX has an interesting business model.