Bitcoin will not be a global payments network, says SBF

@LFG_org just confirmed that they sold 80k $BTC.

Long story short,
🤦 Seller: @LFG_org
🙌 Buyer: Institutions, mostly from @coinbase pic.twitter.com/7QHOZruOMe

— Ki Young Ju (@ki_young_ju) May 16, 2022

🧵 A digital euro will allow public money to continue to anchor the stability of the payments system and contribute to its efficiency, says Executive Board member Fabio Panetta at National College of Ireland @NCIRLhttps://t.co/IHKiTMZ1Je

1/5 pic.twitter.com/MhyEf7KH6t

— European Central Bank (@ecb) May 16, 2022

Strongly support this. Coordinated sympathy and relief for the average UST smallholder who got told something dumb about "20% interest rates on the US dollar" by an influencer, personal responsibility and SFYL for the wealthy. https://t.co/YfNlpvAizg

— vitalik.eth (@VitalikButerin) May 14, 2022

📢Dear Crabadians!

Today marks a new era in the age of Crab-kind!

BATTLE GAME LAUNCH TIME ANNOUNCEMENT🚀
15 May, 11:00 PM UTC!🦀⚔️

Platforms available at launch 🎮
🔹Android
🔹Windows
🔹MacOS
(iOS is currently pending review and TBC)

ARE YOU READY FOR BATTLE!🦀⚔️✨ pic.twitter.com/0RjI9ZeIXa

— Crabada (🦀,🦀) 🔺 (@PlayCrabada) May 15, 2022

14 reasons you don’t own enough Ethereum

A thread by🧁…

— pastry (@PastryEth) May 14, 2022

Bitcoin has no future as a payments network, says FTX chief – Financial Timeshttps://t.co/qdvPfR1byc

— *Walter Bloomberg (@DeItaone) May 16, 2022

To be clear I also said that it _does_ have potential as a store of value.

The BTC network can't sustain thousands/millions of TPS, although BTC can be xfered on lightning/L2s/etc. https://t.co/7ghQzz7eXa

— SBF (@SBF_FTX) May 16, 2022

The most important long-term fundamental indicator for crypto/Web3 is the quality of talent inflows.

Not only are the inflows still strong despite a jittery market… but they appear to be accelerating as many Web2 stock packages are down 50-80%.

“The Great Migration of 2022”

— Matt Huang (@matthuang) May 15, 2022