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Leo Talk 7/27/21 - Come Join Our Chat by leomarkettalk

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· @leomarkettalk ·
$2.69
Leo Talk 7/27/21 - Come Join Our Chat
<center>![image.png](https://images.hive.blog/DQmNPN3SFg9Qg6raardsaB8pzRE91HcVHqzkRQ2emQE4SzA/image.png)</center>

Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread.  We are not dealing with long form content so topics of discussion can start off with a top line comment.  We can fill in from there.

We are open 24/7/365.

<center><h2>Stay Informed About LEO!</h2></center>

<div class="table-responsive"><table class="table table-striped">
<tbody>
<th><a href="https://twitter.com/financeleo" target="_blank" rel="nofollow noopener"><img src="https://images.hive.blog/64x0/https://files.steempeak.com/file/steempeak/fullalt/ppOBebKe-image.png" alt="LEO Twitter"></a></th><th>
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<th><a href="https://3speak.tv/user/khaleelkazi" rel="nofollow noopener"><img src="https://images.hive.blog/u/threespeak/avatar/small" alt="LEO 3Speak"></a></th></tr>
</tbody>
</table></div>
<br>

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@leomarkettalk/leo-talk-7-27-21-come-join-our-chat)
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@bitcoinflood ·
$0.18
Those massive swings up and down on bitcoin just prove that it's still far too centralized.  I still love seeing those pumps though.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bitcoinflood/re-leomarkettalk-4scngx)
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@coyotelation ·
Investing without emotion is no fun :)

It's a shame that many don't realize this and can't resist staying in the crypto market.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@coyotelation/re-bitcoinflood-3yb2rq)
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@finguru ·
$0.17
Those swings will probably keep on happening for a few years (maybe decades). At least until 2030 when the majority of bitcoins are mined and in circulation. But that's just my guess. 

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@bitcoinflood ·
$0.03
two more halvings seems like many really hodl their bitcoin still
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@taskmaster4450le ·
$0.05
**Volatility** slows down as markets get larger.

Once **cryptocurrency** hits the $5 trillion mark, we will see things settle down.  Bitcoin gets to $10 trillion and you will see it a lot less volatile.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-finguru-3cpanv)
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@jfang003 ·
$0.14
Is it a problem of too little liquidity? If some are just removing their BTC off the exchanges and storing them away.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-bitcoinflood-3knfk1)
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@bitcoinflood ·
Could be I haven't looked at those numbers in a long while.
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@taskmaster4450le ·
$0.11
Or that it is still a far too small market to avoid the volatility.



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-bitcoinflood-lpgf1)
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@forexbrokr ·
$0.15
Can't have volatile up swings without the volatile downswings ;)

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@tfranzini ·
$0.03
heheh that's a good point
let's see where this new swing will take us

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-bitcoinflood-4zmrol)
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@coyotelation ·
Hello friends! The daily SPS airdrop has started, if you play Splinterlands, check your account and see your SPS token in your wallet.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@coyotelation/re-leomarkettalk-3g3mhv)
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@sgt-dan ·
I just claimed mine a little over $12.00 USD worth! You can click the image to make it larger in a new tab/window.

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Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@sgt-dan/re-coyotelation-4hfh46)
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@coyotelation ·
Very good my friend and do you know what is best? Right now what you won is already worth double in dollars :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@coyotelation/re-sgt-dan-3evgaq)
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@tfranzini ·
I missed that but it sure does look like SPlinterlands is going on full steam!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-coyotelation-5tvvs3)
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@coyotelation ·
It's true, the interesting thing is that the new expansion is yet to be released. Mars might be the next target.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@coyotelation/re-tfranzini-3jhcfv)
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@esmeesmith ·
$0.06
Question. What is your opinion on Polkadot? It seems like DEFI world is switching to it a lot in the times of ETH being too costly for transactions. Do you think Polkadot has some future?
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vote details (3)
@coyotelation ·
To be honest, I don't know him well. About DeFi the only platforms I'm familiar with are BSC and Waves.

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@kevinnag58 ·
$0.02
Polkadot definitely has a future but it's technology is complicated. Using shards (parachains) connected to a central hub (relay chain) does speed up transaction times and lower transaction costs. However, there are several other projects out there with technology that is easier to implement (Cosmos, THORChain).

If you are really interested there are a ton of articles out there on this subject. Not to push my own, but its right on point for you (https://leofinance.io/@kevinnag58/thorchain-rune-vs-polkadot-dot).

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vote details (2)
@tfranzini ·
Cool man, I think I missed that one but I'll make sure to check it out as I don't really know enough about Polkadot

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@taskmaster4450le ·
I am not too familiar with it.  It looks like BSC is taking up a chunk of what is being lost by ETH due to the fees.

There is a lot going on.  Hopefully **Hive** will enter the picture soon.

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@finguru ·
Hey Guys, Do you know about [Lunar Crush](https://lunarcrush.com/)?

It's a cool website that uses AI & machine learning to analyze cryptocurrency data from dozens of sources (Social Media Websites) to uncover valuable insights you can use to make confident, data-driven trading decisions.

Based on activity, engagement, and following, the top influences in the last week on Twitter are:

@Cointelegraph
@davidgokhshtein
@TheMoonCarl
@BitcoinMagazine
@DocumentingBTC
@BTC_Archive
@TheCryptoLark
@CryptoWhale
@AltcoinDailyio
@CoinDesk

^ Please note that these are Twitter usernames. 

Do you follow any of them? 



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@tfranzini ·
I don't have twitter =/

I'm thinking about making an account just to follow crypto stuff and to promote Hive, so maybe I start following those

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@finguru ·
Awesome mate. Twitter is sexy! I use it for the same purposes. 

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@finguru ·
$0.06
[Global Crypto ATM installations have increased by 70%](https://cointelegraph.com/news/global-crypto-atm-installations-increased-by-70-in-2021?utm_content=bufferfb0d3&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer) in 2021. This is great news! 

Yet to see a bitcoin ATM in my country. :( 

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vote details (3)
@jfang003 ·
I haven't seen them personally but I would guess that there are probably a few in the US.

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@kevinnag58 ·
Personally, I haven't seen any but I live in a rural area. Next time I go to NYC I'm sure I'll see some.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@kevinnag58/re-finguru-4gipe2)
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@taskmaster4450le ·
I havent seen them but did read they are going in.  Things are expanding greatly.

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@tfranzini ·
I haven't seen any around here either
I wouldn't use them either way I guess, but it's a cool thing

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@finguru ·
Lol, what a bummer! Amazon has come out and flatly denied a British newspaper's report that [the e-commerce colossus was planning to accept bitcoin payments](https://www.coindesk.com/amazon-no-we-have-no-plans-to-accept-bitcoin-payments). 😂

They are still testing the waters in the background. 



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@finguru ·
While many hedge fund managers are bullish on cryptocurrencies, not all of them think alike. 

The [Man Group](https://www.man.com/), CEO Luke Ellis just [compared cryptocurrencies to tulip bulbs](https://cointelegraph.com/news/cryptocurrency-is-pure-trading-instrument-hedge-fund-ceo-says?utm_content=bufferbb375&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer), referring to a 400-year-old bubble. 😂 




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@finguru ·
$0.06
Hey @forexbrokr, could you please let me know what all topics are left in [SHIB's guide](https://leofinance.io/@crypto-guides/what-is-shiba-inu-coin-shib)? 

I would like to spend some time today on this one. ;)

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vote details (3)
@forexbrokr ·
$0.01
**[Shiba Inu Guide](https://leofinance.io/@crypto-guides/what-is-shiba-inu-coin-shib):**
* Introduction to Shiba Inu coin (SHIB) 
* How does Shiba Inu coin work?
* [Shiba Inu Coin (SHIB) vs Dogecoin (DOGE)](https://leofinance.io/@kevinnag58/shiba-inu-v-dogecoin)
* Why is Shiba Inu coin dropping?
* Is Shiba Inu coin a scam?
* [Shiba Inu (SHIB) pros and cons](https://leofinance.io/@kevinnag58/shiba-inu-shib-pros-and-cons)
* Should I buy Shiba Inu (SHIB) in 2021? 

As well as anything else you think should be added :) 

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vote details (1)
@finguru ·
Awesome! Thanks for the update. Will start working on these two:

- Is Shiba Inu coin a scam?

- Should I buy Shiba Inu (SHIB) in 2021?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-forexbrokr-cxizx)
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@kevinnag58 ·
Dane:

2 days ago I published "How does Shiba Inu coin work?" Is there a problem with it?

And you never answered my two prior requests for info on what was left so I question if you still want my participation in this or not.

Let me know because if you do I'll cover the "Introduction to Shiba Inu coin (SHIB)"

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@kevinnag58/re-forexbrokr-6zi7zd)
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@forexbrokr ·
More regulatory news:

* [Binance to Cease Crypto Margin Trading on Sterling, Euro, Australian Dollar](https://www.coindesk.com/binance-to-cease-crypto-margin-trading-on-sterling-euro-australian-dollar)
* [FTX and Binance Remove High Leverage From Their Exchanges](https://decrypt.co/76858/ftx-and-binance-remove-high-leverage-from-exchanges)

Regulators just forcing their citizens from *safer* options like Binance, to dodgy offshore exchanges to get their margin trading kicks.

The cat is out of the bag now and people are always going to trade.

If they want to actually *protect their citizens* like they say, they need to move toward opening and educating people properly, instead of just banning.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-leomarkettalk-7eqvkd)
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@coyotelation ·
The day will come when no regulator will have full autonomy to decide what to do with encryption. Banishment can be your tool these days, but one day even that won't be enough anymore.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@coyotelation/re-forexbrokr-fz9tx)
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@jfang003 ·
[Elon taking jabs at Apple?](https://www.cnbc.com/2021/07/26/elon-musk-snipes-at-apple-twice-on-tesla-earnings-call.html) I have a feeling the app store issue will still be an issue on Tesla's store too.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-leomarkettalk-5dmyqa)
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@finguru ·
He called Apple a "walled garden" 😂😂 That is actually true!

> I have a feeling the app store issue will still be an issue on Tesla's store too.

I think the same. 

> “I think we do want to emphasize that our goal is to support the advent of sustainable energy,” Musk said in response to a question about letting competitors use its charger network. “It is not to create a walled garden and use that to bludgeon our competitors which is used by some companies.”

I didn't know Tesla was doing something like this. But it will make their network stronger and it's great for the development of EV industry. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-jfang003-u9xjq)
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@taskmaster4450le ·
Yeah he isnt a fan of **Tim Cook** and his company.

Elon being Elon I guess.

What the hell, he had a great quarter so he can be a bit snippy if he wants.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-jfang003-2w5tvk)
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@tfranzini ·
haha I'm with him on this one

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-jfang003-4v1gsb)
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@jfang003 ·
$0.06
[Fuel shortage?](https://www.cnbc.com/2021/07/26/american-airlines-warns-about-fuel-shortages-around-the-country-ask-pilots-to-conserve.html) So what steps do you think will happen after this. I expect nothing to be done and prices to go up.

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vote details (3)
@jfang003 ·
$0.06
[Are cigarettes going away?](https://www.cnbc.com/2021/07/26/philip-morris-says-it-could-stop-selling-cigarettes-in-britain.html) It seems like Philip Morris wants to stop selling them in a decade to the UK. Is this going to be a longer trend happening?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-leomarkettalk-6thhay)
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@tfranzini ·
Very interesting. I don't really follow them closely so it was a surprise to me.

I know very little about that company too so I'm curious to see in what kind of business they would engage once they quit the smoking business.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-jfang003-hg2e6)
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@khan.dayyanz ·
@muterra Presale for packs is going to start today. It's another game building on Hive and Wax blockchain. It's more like Pokémon card game where yo can tame your mutees and fight. Learn more here:
https://play.muterra.in/

[White papaper](https://play.muterra.in/static/media/muterra_whitepaper.872c3000.pdf)
[Discord](https://discord.com/invite/xB5etJbeJv)

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@tfranzini ·
Cool, I didnt know about it! Gonna take a look

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@leomarkettalk ·
Here is another edition of our daily @leomarkettalk.

We are here every day, enabling people to ask questions, post links to interesting stuff, and provide SEO for **leofinance**.

The more we add to this room, the better.

Time to take over the comments on Leofinance.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@leomarkettalk/re-leomarkettalk-5jkvdq)
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@finguru ·
Yepp. Let's takeover!

https://media.giphy.com/media/13HBDT4QSTpveU/giphy.gif

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@coyotelation ·
Let's go ahead!

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@magnacarta · (edited)
$0.02
<pre>
wow
                                quick type
    fast kitty
                                  much comment

small pc                      lots write

      amaze
</pre>
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@taskmaster4450le ·
Keyboard warriors coming back.  Time to put up some huge numbers.

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@tfranzini ·
$0.06
Hahaha I should train my cats to do that and help increase our comment count

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-finguru-4bpvhj)
👍  , ,
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vote details (3)
@tfranzini ·
Good to be back
Let's rock this boat

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-leomarkettalk-6e1t5h)
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@melbourneswest ·
![Screenshot_20210727115029_Discord.jpg](https://i.imgur.com/OeEvHGW.jpg)

Just a heads up, I messaged in Leo tech support about a transfer that failed and this account messaged me on discord. The account isn't in the Leo discord so they may have another account just lurking in tech support.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@melbourneswest/re-leomarkettalk-6b2pdd)
👍  
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vote details (1)
@tfranzini ·
Thanks for the heads up. Scammers are lurking all over Discord these days

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-melbourneswest-7saumm)
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@savvyplayer · (edited)
$0.13
Having 100 Hive Power allows a Hive user to publish more or less 100 comments *every 5 days*, assuming the user does **not** use up Resource Credits for posting, voting, trading, and gaming. 🤔

~~As soon as my withdrawn 100+ Hive Power delegation returns to me, I would be able to comment as often as before.~~ 😅

EDIT: My 100 Hive Power has returned, allowing me to publish 15 *more* comments per day! 😀 Thanks to @coyotelation for reminding me! 😁
👍  , ,
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@coyotelation ·
When you're ready, always feel welcome here.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@coyotelation/re-savvyplayer-4bnkfb)
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@savvyplayer · (edited)
I should have edited my post above and pointed to the comment I made 30 minutes ago about my 100+ HP having returned to my account! 😅 

Thanks for (unintentionally) reminding me! 😏
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@savvyplayer ·
$0.03
I regained my withdrawn 100+ Hive Power delegation, so I would be able to comment as often as 200 times a week, which translates to more or less 30 comments (depending on length) per day. 🤔 

Even with that number of comments I could make, I still need to hold back from commenting *too* frequently. 😅 However, making one post per day is already a challenge for me! 🤯😅
👍  ,
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vote details (2)
@young-boss-karin ·
Making one post a day can be really tough when your life takes a busy turn. But I realized that through engagement you always have ideas on what to write about. 30 comments a day is an awesome number. Keep up the good work.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@young-boss-karin/re-savvyplayer-d9tny)
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@savvyplayer ·
I post every day on the D.Buzz community, where posts must be 280 characters or less (excluding the first 3 links) for them to show up on the [D.Buzz](https://d.buzz/) frontend. 😀

I am aware though that some people don't like seeing their Followed users posting several microposts a day, so I recommend creating and/or using another Hive account for posting on D.Buzz. 😅 

*(I don't think anyone will mind if you *comment* normally on posts on the D.Buzz community.)* 😏
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@savvyplayer ·
I post everyday because I want to get the **Weekly Author** and **Monthly Author** awards of #HiveBuzz for this entire year. 😏 Perhaps there would be the **Yearly Author** award in the near future! 😅
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@savvyplayer ·
I just made several comments of my own under your comment. 😀 According to others active #LeoMarketTalk users (@amr008, @taskmaster4450le, among others), splitting a comment into multiple smaller comments (each with their own topic) before publishing them would help with both engagement and stats here on LeoMarketTalk. 😏
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@sgt-dan ·
Hey! Have you all seen this yet? Just thought it was interesting. [Vitalik visiting Ashton Kutcher and his wife](https://twitter.com/aplusk/status/1417959228157878273?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1417959228157878273%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fvitalik-buterin-s-surprise-cameo-in-ashton-kutcher-and-mila-kunis-living-room).

[![image.png](https://images.hive.blog/DQmWC3B2crtqhAh3fUjzGKEeN2ntUXavTWVYuCoXEFjFtGZ/image.png)](https://twitter.com/aplusk/status/1417959228157878273?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1417959228157878273%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fvitalik-buterin-s-surprise-cameo-in-ashton-kutcher-and-mila-kunis-living-room)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@sgt-dan/re-leomarkettalk-6y66bf)
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@taskmaster4450le ·
A trend change in response to a trend change?

[Bitcoin's drop to $37K has some suggesting another trend change is in order](https://cointelegraph.com/news/bitcoin-price-drop-to-37k-has-analysts-wary-of-calling-a-trend-change)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-2amhzg)
👍  
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vote details (1)
@jfang003 ·
Well I think it was just a pull back. I would like to see it consolidate a bit but that won't happen until most of the move already happened.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-71tqga)
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@finguru ·
Yeah, even I think that was a small tick upwards in the bear market. We are not there yet. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-jfang003-3akjsg)
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@tfranzini ·
That could be the case but I think it's soon to say. Definitely something to watch thou

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-taskmaster4450le-7te36b)
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@taskmaster4450le ·
We knew this was bound to come about.

[IMF issues veiled threat against El Salvador's law on Bitcoin](https://cointelegraph.com/news/imf-issues-veiled-warning-against-el-salvador-s-bitcoin-law)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-38ahfw)
👍  
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vote details (1)
@jfang003 ·
Well they don't exactly BTC becoming legal tender. Most of the existing fiat are all linked to each other to some extent.

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@tfranzini ·
> “If goods and services were priced in both a real currency and a cryptoasset, households and businesses would spend significant time and resources choosing which money to hold as opposed to engaging in productive activities,” 

Well, I'm probably less qualified than those fellows, but I just don't see that being a real issue...

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@dagger212 ·
That is laughable.  Are you kidding me with this?  "Oh No!!!  I can't go to work today because I have to decide whether I want to take two minutes to convert to BTC or just stay with USD."  "Tell Johnny I can't come watch his baseball game today.  Too busy deciding whether we should hold a rising asset or a declining asset."  What a joke!  This just tells you the utter contempt these elitists have for the general population.  

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@magnacarta ·
Isn't that like quoting the price in both Spanish and French?  Or USD and EUR?  Or Imperial and Metric?  After a while, people get used to both systems.

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@taskmaster4450le ·
[Virtual Power Plants are on their way](https://pv-magazine-usa.com/2021/07/23/tesla-powerwalls-in-california-join-the-movement-to-create-virtual-power-plants/)

Now **Tesla Powerwall** owners can sign up for a service that would make them a part of a **virtual power plant** in California.

This is on the heels of **Tesla** setting up a project in Australia that is 10% complete.

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@jfang003 ·
Will the California government allow it though?

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@taskmaster4450le ·
They cant stop it.  They **Powerwalls** are already installed.

The grid needs a lot of help and people can already send their power back.

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@tfranzini ·
$0.03
Oh yes! That's the kind of thing I want to see

This can be one step towards energy decentralization, which is something I really support.

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@taskmaster4450le ·
The **Internet of Energy** is on its way.

There is no doubt we are going to see a curve similar to the Internet saw.

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@taskmaster4450le ·
**Tesla** with a stunning quarter.  Here is the package that the company put together covering their earnings.

[Tesla Earnings](https://tesla-cdn.thron.com/static/ZBOUYO_TSLA_Q2_2021_Update_DJCVNJ.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22q2_2021.pdf%22)

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@bitcoinflood ·
$0.03
from a struggling company to a thriving ecosystem. Shows you the power of building a community and vision.
👍  
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@taskmaster4450le ·
They certainly did build a community.  The **Tesla Fanboys** are a dedicated bunch.

I forecast that it will be the largest company in the world by the end of the decade.

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@finguru ·
Oooh! That's why their share price is rising! 

Also, Tesla did not buy more #Bitcoin in Q2. They also didn’t sell any. So that's a cool thing as well. 

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@taskmaster4450le ·
No their **Bitcoin** position remained the same.

Musk did not add on the drop, at least not through **Tesla**.



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@jfang003 ·
Any TLDRs? I didn't really read it all but the price action seems fine

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@tfranzini ·
$0.03
Very interesting report. The solar initiative seems to be doing well also, which is something I really like to see.

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@taskmaster4450le ·
The energy division did better.  Still lagging in my opinion but they are getting closer.  The battery constraint is hurting there.

Reports are there are $500 million in **Powerwall** orders that cant be filled.

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@taskmaster4450le ·
[Training workers for a world that wont exist by 2030](https://theconversation.com/factories-of-the-future-were-spending-heavily-to-give-workers-skills-they-wont-need-by-2030-165109)

With **Industrial Revolution 4.0** taking place, we are seeing a shift in what the workforce needs.  However, will these new skills that they are being given even going to be applicable in a decade?

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@taskmaster4450le ·
No shit Sherlock.

Amazing people do not understand it.

[DeFi by definition cannot be fully regulated.](https://cointelegraph.com/news/defi-cannot-be-fully-regulated-siam-commercial-bank-president-says)

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vote details (1)
@finguru ·
Lol, just imagine a banker admitting to this fact. By the time regulators get their head around regulating something that cannot be fully regulated, we will be far ahead. It's out of their hands already. They must embrace it as it is. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-taskmaster4450le-2rg997)
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@forexbrokr ·
> “DeFi, by definition, cannot be fully regulated. Instead, there needs to be a framework for how DeFi can be integrated with the rest of the financial ecosystem.”

Yep, financial regulators are playing by a set of rules which are no longer relevant.

They need a total overhaul of how they operate.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-taskmaster4450le-2hifmm)
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@kevinnag58 ·
Exactly!!!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@kevinnag58/re-forexbrokr-498sy8)
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@jfang003 ·
Yea I don't understand why these traditional economies can't understand.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-2nyjao)
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@magnacarta ·
Keynes

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-jfang003-4vpv87)
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@savvyplayer ·
> Amazing people do not understand it.

Since your sentence there did not have punctuations (except the period at the end), I found two ways to interpret it. 😏

* It is amazing that people do not understand it.
* They are amazing people who do not understand it.

🤓🤯😅
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@tfranzini ·
I think it's gonna be a while before people can actually understand the underlying concepts of DeFi.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-taskmaster4450le-6dfnp8)
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@taskmaster4450le ·
[Tesla "only" took a $23 million impairment on Bitcoin.](https://decrypt.co/76901/tesla-bitcoin-q2-earnings)

This was expected to be much higher.  Some forecast that the earnings would be hit with over a $100 million charge.

Seems **Tesla** bought BTC lower than people thought.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-4kbugv)
👍  
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vote details (1)
@melbourneswest ·
It's also the tax concessions, because of their business and tax concessions when they declare Bitcoin they declare it at the lowest amount in that quarter not what it currently sits at. 

It's absolutely BS where as us regular folk have to declare the value at the time of lodgement. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@melbourneswest/re-taskmaster4450le-3q4ndq)
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@taskmaster4450le ·
**Bitcoin** is on everyone's mind.

**Tesla** quietly kicking ass in spite of the **FUD**.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-4rd2sh)
👍  
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vote details (1)
@jfang003 ·
$0.03
Yea it seems like people liked what they heard in the earnings.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-5xjc8x)
👍  
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vote details (1)
@taskmaster4450le ·
Record quarter.  Stock might still be overprices (hell the market might be ripe for a drop).

But the company is producing.  That is good long term for the stock holders.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-jfang003-6rl5mr)
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@taskmaster4450le ·
$0.14
Sorry I was lagging everyone.  It was a rough couple of weeks for me.  I am back for a few weeks with a clean slate.  I should be able to up my activity a great deal going into August and throughout.

Let's pick it up.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-57suxr)
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vote details (5)
@coyotelation ·
Hope things are fine with you Task. Life is full of ups and downs but the important thing is that we can overcome obstacles.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@coyotelation/re-taskmaster4450le-43t55c)
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@finguru ·
$0.03
Same to same. It's great to be back with full force! I also want to make the next month more productive on Leo Finance. 🚀 

Let's crush it. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-taskmaster4450le-5va11q)
👍  
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vote details (1)
@taskmaster4450le ·
The convergence of people to **make Leofinance great again**.

MLGA

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-finguru-2dzop3)
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@tfranzini ·
Let's do it!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-finguru-43i4mm)
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@forexbrokr ·
You all good?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-taskmaster4450le-49guoi)
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@taskmaster4450le ·
Yeah just had to replace flooring all throughout a house.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-forexbrokr-2dgjej)
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@jfang003 ·
Well I have been a bit busy as well.

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@taskmaster4450le ·
Okay I will blame you then.

It is all @jfang003's fault.

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@tfranzini ·
Welcome back!

I was away for most of the time for the last week or so... dealing with some stuff but I'm also back and ready to take things up a notch!

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@coyotelation ·
That's it my friend. Always keep positive thinking.

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@taskmaster4450le ·
After the numbers posted, we need to kick it up a few notches.

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@taskmaster4450le ·
The big banks trying to take over **crypto**.

[Goldman Sachs files patent for DeFi and Blockchain equite ETF](https://blockworks.co/goldman-files-for-defi-and-blockchain-equity-etf/)

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@jfang003 ·
Is this a bullish sign for the BTC ETF being accepted? I doubt they would of filed if they didn't think it was going through.

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@taskmaster4450le ·
The [Internet of Everything](https://singularityhub.com/2021/07/26/arms-new-flexible-plastic-chip-could-enable-an-internet-of-everything/)?

This is something that many feel is out of reach and it is right now.  However, there might be a chip breakthrough that could alter this.

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@finguru ·
> These chips might not be nearly as powerful as their silicon cousins, but they will be much, much cheaper. And there are many applications where price is a far bigger factor than processing capabilities, from smart clothing to intelligent packaging

That is cool. Apart from being flexible, these newly designed chips will be cost-effective too. ✌

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@jfang003 ·
Yea if the chips can get much cheaper then things can get connected with more ease.

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@tfranzini ·
$0.03
This is very nice. We're getting to a point where the physical form or constitution of something will no longer be an obstacle to make it "smart".

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@taskmaster4450le ·
I wonder how this will all interact with the chemistry of things.

Can we use chemical properties to join them with IT?

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@taskmaster4450le ·
It is interesting that everyone is talking about competition for **Tesla** with **EVs**.  What makes this viewpoint difficult to substantiate is we see one of the largest car companies in the world pushing Congress to SLOW down the push towards EVs.

[Toyota pushing Congress to slow down EV advance](https://www.theverge.com/2021/7/26/22594235/toyota-lobbying-dc-ev-congress-biden-donation)

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@finguru ·
$0.03
That sucks. If they can't keep up, bring the competition down by putting a stop to technological advancement. Lol, nice strategy though! 

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@taskmaster4450le ·
Isn't that how incumbents always do it?

They cant compete so they turn to the government to protect them and their market share.

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@jfang003 ·
Well if they do, maybe those legacy automakers can catch up.

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@taskmaster4450le ·
Yeah they need time.

GM wants to produce 1 million **EVs** by 2025.

**Tesla** will be at about 5 million by that time and growing at 40%-50% yearly.

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@tfranzini ·
$0.03
Lol, that's messed up but it makes sense for Toyota... if you can't run fast enough, then make everyone else just as slow so you can catch up

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@taskmaster4450le ·
Unfortunately for them they are chasing **Tesla** who is operating in overdrive.  They are churning out all they can and everything they make is sold even before it is made.

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@taskmaster4450le ·
For anyone around we are going to a CryptoManiac podcast in about 10 minutes if you want to get on the live stream and ask some questions.

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@sgt-dan ·
Sorry. I missed the **live show**. I will watch the *rerun* 😆

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@tfranzini ·
Damn, had a busy day today.. gonna have to catch the rerun

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@taskmaster4450le ·
[Amazon will not accept Bitcoin](https://u.today/amazon-says-it-will-not-accept-bitcoin)

This is a good thing.  People do not realize how bad it will be for corporations to start to compile all the Bitcoin.

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@tfranzini ·
$0.04
Yea, I saw an article by edicted the other day where he addressed that and it made a lot of sense.

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@taskmaster4450le ·
Does **Thorchain** have a hacking problem?

[Thorchain trolled by hacker](https://news.bitcoin.com/thorchain-trolled-by-hacker-after-two-successful-seven-figure-exploits/)

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@bitcoinflood ·
To be honest I hear a lot about Thorchain but I own zero of it :/
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@taskmaster4450le ·
I have no stake in that either.  Khal loaded up.  I am not sure he is concerned so I guess it is nothing.  But it is sure bad publicity.

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@dagger212 ·
$0.04
Makes a person think that CUB needs to make sure it's code is solid before going too crazy with development.  The problem with code is you don't know what you don't know, which is why this guy left the message he did.  Hopefully Thorchain learning this lesson the hard way will prevent Cub from having to learn it that way as well....

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@finguru ·
Yes, it's a great lesson for Cub Finance too. Before hackers move their interests to us, we need to put all safeguards in place. The more, the better. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-dagger212-6rzrzn)
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@taskmaster4450le ·
**Cubfinance** is getting the code audited so they are doing what they can to prevent hacks.  They are also using contracts that are proven to be solid.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-dagger212-fzd6v)
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@tfranzini ·
Great point

I hope everyone has this in mind next time they miss a deadline. In the end, it's for the best.

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@finguru ·
> While Thorchain has since issued a recovery plan to restore user funds lost to the attack, the more significant development was the decision to hire security firms to audit the code and defend the defi protocol against future, preventable exploits.

That's a smart move. I think it will make Thorchain more secure and trustworthy! It sucks to see such a great project targetted by such hackers. I have heard that they even offered a bug bounty to the hacker in return for stolen funds. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-taskmaster4450le-3mg7fw)
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@jfang003 ·
I think it does. It already got hacked twice on the ETH side.

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@tfranzini ·
$0.12
Yea... 3 hacks in such a short period really does raise some concerns.

I'm not backing down thou.. I took the opportunity to buy some cheap RUNE

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@dagger212 ·
Me, too.  I had a number I wanted to hold long-term in mind and now I have almost double that number because it got so cheap.  That may even allow me to actually sell some on the way up again.  (I wonder what that would be like.....)  lol

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@taskmaster4450le ·
What are your thoughts on this:

>“I view [AI] as a very profound enabling technology. If you think about fire or electricity or the internet, it is like that, but I think even more profound.” -Alphabet CEO Sundar Pichai

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@tfranzini ·
I'm with him.

It concerns me a bit that he has so much power to use it however he wishes, but I think he is fundamentally correct.

Even though we still have a long way to go on the AI path, I believe it will enable some pretty crazy stuff in the future

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@taskmaster4450le ·
[Too early to call for demographic risk for the United States.](https://www.wsj.com/articles/u-s-population-growth-slows-birth-rate-decline-economic-risk-11627231536)

In spite of 2020 being a down year for births, it is too early to call for a demographic crisis in the US.  This is not the case in some other countries around the world.

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@jfang003 ·
$0.04
Wasn't the latest results showing that the growth rate is 0%? I would say we are in danger of it turning negative. At that point in time, these guys have to find a way to justify it.

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@taskmaster4450le ·
It was still in the positive.  One thing the US does is it can keep growing (or did traditionally) through immigration. 

The challenge there is a lot of the central and south american countries are seeing a decline in their birth rates.

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@tfranzini ·
$0.04
I guess we'll have to wait for the pandemic effect to be nullified before we can make something out of that data

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@taskmaster4450le ·
We all know calls to ban **Bitcoin** are laughable.  

A good article detailing how [calls to ban Bitcoin make headlines but ignore reality](https://www.forbes.com/sites/seansteinsmith/2021/07/26/calls-to-ban-crypto-make-headlines-but-they-ignore-reality/)

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@finguru ·
Peeps who call to ban Bitcoin are either ignorant or evil. There is no in-between. 

Just imagine if they put silly regulations without thinking of investors, startups & the economy. It would hurt a lot of people. It's too mainstream now and you cannot ban it unless you switch off the whole internet. 

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@tfranzini ·
> Peeps who call to ban Bitcoin are either ignorant or evil. There is no in-between.

I think this is really acurate.

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@forexbrokr ·
Excellent, common sense take from the journo.

Great to see this type of content hitting a mainstream media outlet like Forbes.

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@jfang003 ·
Yea I don't see them being able to cut off every single node running the BTC network.

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@taskmaster4450le ·
In Forbes no less.

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@tfranzini ·
Yea, I think the media is just milking that topic to sell some ads. Most of those people probably don't even believe in what they say themselves.

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@tfranzini ·
Even after the fiasco where they [sent a mob of civilians after an innocent guy](https://www.vice.com/en/article/y3dpyw/inside-crime-app-citizen-vigilante), Citizen is [still trying to leverage its business model  ](https://techcrunch.com/2021/07/26/citizens-crime-live-streams-are-no-substitute-for-local-journalism/). I find the whole idea of the app to be very stupid but I hope at least they don't mess up again.

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@tfranzini ·
$0.04
Lucid Motors is [expanding their EV factory](https://techcrunch.com/2021/07/26/lucid-motors-kicks-off-market-debut-with-ev-factory-expansion-plans/) in Arizona. I don't think I'd heard from them before but it's not really surprising since a lot of **EV** initiatives are making the news recently.

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@jfang003 ·
I have been hearing about Lucid a lot but I feel like I need more concrete results before deciding to go with it. If I remember correctly, it used a SPAC to get on the stock market.

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@taskmaster4450le ·
**Lucid Motors** is a big name in the US for EVs.  Another start up though that might have issues.

Elon was explicit on the earnings call yesterday: doing a prototype is the easy part; scaling is where the issues come in.

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@tfranzini ·
And he is right about that, I believe. Let's see if this one can get their share of the market or if they will be forgotten

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@young-boss-karin ·
I guess the presence of more EV producers means we'll be seeing a reduction in prices in the near future. I've still never seen an EV.

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@tfranzini ·
$0.09
Biotech is really getting some attention recently. Here's another company working on [accelerating protein sequencing.](https://techcrunch.com/2021/07/26/glyphic-biotechnologies-raises-6m-to-accelerate-protein-sequencing-by-orders-of-magnitude/) This could help to reduce the time required to develop new drugs.

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@coyotelation ·
This is an industry of constant development. This is very good especially when it comes to our future.

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@taskmaster4450le ·
$0.02
It is amazing the progress being made on that front.  AI is becoming a big player in the drug development field.

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vote details (1)
@young-boss-karin ·
I don't know much about this industry but this looks really interesting. The CEO looks pretty young I like that.

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@tfranzini ·
$0.05
Polestar, the EV division of **Volvo**, is going to [double its retail stores](https://techcrunch.com/2021/07/26/polestar-to-double-its-retail-stores-as-it-seeks-to-ramp-up-ev-sales/) to ramp up sales. EV market is getting hotter by the day

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vote details (2)
@taskmaster4450le ·
I know I am biased but I dont really see anyone catching **Tesla**.  It appears they are so far in front and just getting stronger.

They has a record quarter in spite of the chip shortage and setbacks associated with that.

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@tfranzini ·
I think you are right. It's hard for anyone to catch up to Tesla at this point so I guess all the other companies will fight to be the next best thing

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@young-boss-karin ·
This is good. Sadly my country isn't exactly EV compatible. However, knowing there will be cheaper EVs on the market is a good thing. Tesla might still be the king, but hey, everyone can at least get a piece of the action.

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@tfranzini ·
Reusable rockets seem to be the industry trend. [iRocket will begin their rocket engine testing](https://techcrunch.com/2021/07/26/irocket-to-begin-rocket-engine-testing-at-nasas-marshall-space-flight-center/) in partnership with NASA.

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vote details (1)
@tfranzini ·
@rob23 is running a contest on Dunk Social! Guess the winner and runner up for each group in the Olympics for a chance to win 2000 DUNK. You might earn some just for participating too if team USA wins at least 1 game!

https://dunksocial.io/hive-195254/@rob23/olympics-contest-2000-dunk

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vote details (3)
@coyotelation ·
I'll check it out there. Contest is always cool to participate.

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@forexbrokr ·
Boomers baby! 🇦🇺

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@jfang003 ·
Thanks. I just entered my prediction.

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vote details (1)
@rob23 ·
Thank you for the share!
👍  
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@coyotelation ·
I've already left my entry, I hope to stay tuned for the next contests :)

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@tfranzini ·
A magnetic helmet that can [treat brain tumors?](https://techcrunch.com/2021/07/26/a-magnetic-helmet-shrunk-a-deadly-tumor-in-world-first-test/) That could be possible soon.
The fact that the patient died due to an "unrelated accident" doesn't help the case but if they can make it work, it could be a very effective non-invasive treatment for brain tumors.

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vote details (1)
@young-boss-karin ·
This would have been a lot cooler if the patient didn't die. They could claim it was due to an 'unrelated accident' but I wouldn't be willing to give it a shot. It's an awesome development though.

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@tfranzini ·
Yea, exactly.. even if it was unrelated I guess it still raises suspicion.

I hope they can make it safe and viable though because it can be a great treatment

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@tfranzini ·
Struggling EV company Lordstown gets [400M lifeline from a hedge fund](https://techcrunch.com/2021/07/26/troubled-ev-company-lordstown-motors-gets-400m-lifeline-in-stock-sale-agreement/). I don't believe they can turn things around at this point, but we'll see what happens.

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vote details (1)
@tfranzini ·
More on the **Tesla** reports, but this one focuses on their solar and energy division. It [raked in $810M](https://techcrunch.com/2021/07/26/teslas-solar-and-energy-storage-business-rakes-in-810m-finally-exceeds-cost-of-revenue/), which means the revenue exceeds the costs of production and distribution. It is the first time that happens and it's good news for Tesla going forward.

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