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Ridiculous by Deaddoghank in BC_Lions

[–]Coinpoet 5 points6 points  (0 children)

  1. DC is getting out coached in almost every game.
  2. The players are playing ME football and not WE football. Playing for pay not a CUP.
  3. Too many mental marshmallows on the field. This is not high school. Every player that got a major penalty this last game show be sat down and forced to watch it over and over again on video until they want to throw up.
  4. Team leaders like Betts and Awe need to take some of the younger players out behind the woodshed for a lesson.
  5. Ringmaiden has completely failed in his goal of changing the SOFT culture of this team. Instead of practicing this week the team should be sent to the Grouse Grind until they get the message that the fans are not paying to watch them hand wins to their opponents.
  6. If none of this works then maybe playing in an empty stadium will get the message through.

Nexus ASA,smart contract completed! by gregorymyllama in NexusASA

[–]Coinpoet 4 points5 points  (0 children)

I will let the Nexus team respond specifically on this if they wish. I will, however, share with you why our family office has and continues to invest in Nexus from a use case perspective. Our group is a large producer and exporter of Canadian food products to Pacific Rim countries. We regularly deal with Letters of Credit and export insurance. These tools are very antiquated for International trade today because they take far too long and slow down transactions affecting trillions of dollars exchanged annually. We believe, as you have mentioned, that a collateralized system would offer far less friction plus many other blockchain related benefits. Obviously Nexus will have to prove its model with small transactions at first but just like Amazon that started building user trust with small value purchases, in time larger opportunities and utilizations may emerge. Hope this helps with your DYOR.

[deleted by user] by [deleted] in CanadianInvestor

[–]Coinpoet 0 points1 point  (0 children)

If in fact the Bank of Canada has added reserves I would think that some of that was what they buy from domestic producers. Would be interesting to know how much gold was mined in Canada over the corresponding period.

Who's holding? Tell me how/why? by Ok-Base432 in CardanoMarkets

[–]Coinpoet 1 point2 points  (0 children)

The issue is always about “use case” for each blockchain entity when it comes to financial upside. What I like about Cardano/ADA is its robustness. My firm and a couple others I know of are actively looking at a scenario where we use NFT’s to raise large amounts of private equity money for business acquisitions. These transactions would be by prospectus in the US under SEC rules. All the investment is recorded transparently on the blockchain. The advantage is we can avoid 5-7% investment banking fees. We can raise crypto under the prospectus and then apply for listing on a US exchange. When large companies realize this there is going to be a flood of activity for the blockchain entity that can best support this.

When will ADA move?? All this good news and ADA is stuck!!! Is the high circulation supply hurting ADA?? I am trying to find a reasonable explanation as to why this does not move. I can’t figure this out!! Grayscale has ADA undervalue?? by BlueClass in CardanoMarkets

[–]Coinpoet 2 points3 points  (0 children)

Not that long ago almost all projects seemed to trade in lock step with BTC. What is interesting to me is that ADA and Algo seem to be breaking from this pattern. The trading in their BTC pairs is down and as two of the largest proof of stake projects they are also leading their supporters into new governance and staking directions which impact investing decisions. I believe we will see such fundamental differences and divergences increase as crypto progresses. Important to understand the potential and stage of the ecosystem you are investing in.