Talofa!
Big week for the US. Inflation data and earnings reports come out. What does this mean for crypto?
We’ll see.
No matter what happens, we still have only two realistic scenarios, with only one action to take. For more on that and some notes about stablecoins, Binance, Ethereum’s Shanghai pump or dump, and altseason, catch my most recent update.
Also, make sure you read my latest altcoin report. It hit the inboxes of all the premium subscribers on April 6.
This altcoin has massive potential whether or not we ever get an altseason. It’s hard to find 100x opportunities nowadays, but this one could do it.
The sooner you get your hands on this report, the better. Once altseason starts, you’re too late.
If you’re on the free plan, this is your last reminder to upgrade your subscription to premium so you can get the report.
Scroll down for some news, job postings, and other content you may enjoy.
Every now and then, I write a short post about crypto, “two minutes” long. I posted one last week.
Nothing you haven’t heard before. It’s basically a nutshell of what I’ve talked about for years: crypto will make people realize that money doesn’t have to be “backed” by anything, it just needs to do things people want it to do.
U.S. Diplomat to Washington: You’re Becoming Obsolete in One Big Area of Tech Policy
While we’re on the topic of the US, read this open letter from a US diplomat in Politico, a DC-politics trade magazine.
Frankly, I have nothing to add and generally don’t see why crypto needs the US, its institutions, or its permission. If this technology can do what we think it can do, it will unlock tremendous value for everybody on earth. The US will lose and everybody else will win.
(And US money will find its way in.)
This diplomat’s letter won’t change many minds, but if we get a few more of these over the course of months and years you can start to change the minds of policymakers and the people who they work for.
Maybe an extra talking point or a seed planted in the ear of a Congressional staffer? A bit of ammunition for our lobbyists and advocates as they build relationships with people who can protect (ideally promote) cryptocurrency?
Having worked in Congress, I can assure you, the people representing us and advocating for us know far better than we do about how to maneuver the political system. Let them.
At the end of the day, the results will not reflect substantive analysis and deep reflection, but rather the wants and needs of the people involved in making these decisions.
Jobs Corner
Solana | Associate Analyst | Link to position
Pantera Capital | Research Intern | Link to position
Rarible | Social Media Manager | Link to position
Ripple | Senior Software Engineer | Link to position
Moonpay | Recruiting Coordinator | Link to position
DRW | DeFi Trader | Link to position
Chainalysis | Senior Data Engineer | Link to position
Magic Labs | Senior Manager, Finance | Link to position
OpenSea | Senior Software Engineer | Link to position
These jobs come from the ToolsForCrypto newsletter. If you’d like to post a vacancy here (for free), email mark@markhelfman.com.
Relax and enjoy the ride!
Weekly Rundown - April 9, 2023