The ripples of FTX’s collapse continue to be felt, with the latest knock-on effect being that of Circle terminating its SPAC plans to go public. Elsewhere, analysts at Standard Chartered have painted an especially bearish picture for Bitcoin in 2023, positing that the leading cryptocurrency could fall as low as $5,000. On that list of predictions, though, they gave a similar “non-zero probability” that Biden is impeached and gold soars by 30%. Fast and weird times indeed.
Masterworks : Hedge against inflation with multimillion-dollar artworks. Fine art has: Outperformed the S&P 500 by 174% over the past 25 years. A low correlation (0.12) to the S&P 500. Historically shown strong appreciation in high inflation periods. Since 2018, Masterworks has generated an eye-popping 29.03% net annualized realized returns.
“BUIDL HERE” is an intentional misnomer of “Build Here” and is not just an invitation to those seeking to build businesses on the island: it is also a call to arms to those already here to contribute in any way, big or small, as well as a cry of encouragement for the diaspora to comeback.
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