Ilia Krotov

@iliakrotov.eth

191 Following

19 Followers

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@iliakrotov.eth

invite.eventhorizon.tech/Z11d4oa

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@iliakrotov.eth

Enjoy you day, it’s going to be amazing 🍾

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@iliakrotov.eth

Turns out there's an NFT for getting @jessepollak bald! Who knew? Mint yours by participating in the Onchain Summer Buildathon. https://letsgetjessebald.com/token/1677?ref_code=14576dd930

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@iliakrotov.eth

enjoy the calm of the day

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@iliakrotov.eth

Wanna some real cherries? 🤔😁

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@iliakrotov.eth

I earned my Deploying to a Testnet badge on Base Camp! Join Onchain Summer and learn to build the future at https://base.org/camp.

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I just minted my Multichain Reputation Score SBT by @0xNomis ☯️ https://nomis.cc/multichain?ref=YtIudys6Op #OnchainReputation #NomisProtocol

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@iliakrotov.eth

Tally | Profile | Blockworks Research

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USDJPY surge towards 200 is enough to “Push the Button.” of printing money. This will lead to large flow of money into crypto. Watch the USDJPY rate closely. More to come.

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@iliakrotov.eth

Bitcoin is the best-performing asset in the face of global fiat debasement, and people in charge know it. When something is done about the weak yen, it was mathematically guesstimated by Arthur how flows into the Bitcoin complex will ratchet the price to $1 million and possibly beyond. Stay imaginative, stay boolish!

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(5/5) Global economies are interconnected. If China devalues the yuan, it could pressure the US to print more dollars, affecting inflation. This impacts US manufacturing and elections. This is the lite-version of why all crypto traders must constantly monitor USDJPY. It just makes political sense.

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(4/5) China might devalue the yuan by creating more credit to combat deflation. This could be bad for their economy and global markets. Pressures are mounting, but what's the US's role?

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(3/5) A weaker yen affects not just Japan but also China. As they compete in exports, China might devalue the yuan to stay competitive, risking economic troubles. The People’s Bank of China (PBOC) may then create more yuan credit, further complicating the global economic landscape.

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(2/5) When the Fed swaps dollars for yen, it helps Japan avoid raising rates, saving the BOJ from big losses. This keeps US Treasury securities stable but delays necessary economic fixes. The dollar-yen exchange rate remains a critical global economic variable. What happens when the yen weakens further?

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(1/5) Global elites often choose quick fixes over tough solutions. One such tool is the Fed’s ability to swap dollars for yen with the Bank of Japan (BOJ) in unlimited amounts. This maneuver helps avoid painful economic adjustments by propping up the yen, but at what cost?

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Have you read the latest essay from Arthur Hayes (founder of BitMEX and real smart money)? He writes incredibly useful articles about crypto and macroeconomics In short, everything is going towards Bitcoin’s growth to 1 million! Why? Read in 5 posts in which I tried to condense the main points.

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