Government bonds have had their worst year in decades and this is why the CDS instruments tracking the default risk of government debt are exploding!
Why would people buy insurance against government default? 🤡
New post on our blog! Some thoughts from Minerset CEO, Elias Fernandez shares his opinion on recent global hashrate changes. minerset.com/global-hashrate…
Russia can recoup all their frozen FX reserves & then some by simply agreeing with China & India to settle CNY or INR or RUB oil transactions in gold at say 50-100 bbls per oz.
The move would also force London & NY gold mkts into force majeure almost instantly. This is coming.
In 2018 the success rate of a $5 payment via Lightning Network was around 50%.
Last month @riverfinancial observed a 98.7% success rate across 115,000 payments. Their average value was $46.
river.com/learn/files/river-…