Well, that escalated quickly - Paypal, Mastercard, and Visa now all want to play crypto. US banks have been greenlit to custody by the OCC (Office of the Comptroller of the Currency) and Ethereum seems to have finally thrown off its slumber. Over 4 billion dollars is now locked up in DeFi and Bitcoin just strapped a rocket on. All in all, an excellent week in crypto.
Oh, and GPT-3 is a thing.
## Picks of the Week
This epic thread on the recent [guidance](https://twitter.com/CaitlinLong_/status/1286226852244160512) by the OCC. This thought-provoking exploration of progress as a myth. A fascinating [outline](https://anchor.fm/podcast-8f267c0/episodes/The-Price-of-Tomorrow-with-Jeff-Booth-BEC044-egif69/a-a2ltcka) of tech/deflation and destructive monetary policy with Jeff Booth. This highly instructive [visualization](https://twitter.com/will__price/status/1283860523981983744) of being 'dumped on'. While you are at it - watch this [sobering visualization](https://youtu.be/8YUWDrLazCg) of money printing.
High-value thread examining the implications of recent OCC crypto guidance (highly recommended):
On one aspect of Satoshi's genius:
It's demanding to be a Bitcoin maximalist (highly recommended):
On BTC price moves (recommended):
Is price stability a worthy goal?
Debunking - 'Eth has no value' (recommended):
Get on the Bitcoin ark:
Erc-20 tokens marching on:
A mega-thread on GTP-3 (highly recommended):
The global economy is very fragile:
Analyzing the Bitcoin journey (highly recommended):
Reframing hashrate (highly recommended):
US banks cleared to handle crypto:
The Twitter hack was not about Bitcoin but there were lessons to be gleaned from it (recommended):
An introduction to building DeFi on Ethereum (recommended):
A stablecoin of the future? (highly recommended):
Progress as a myth (highly recommended):
GPT-3 an explanation (highly recommended):
Discussing FED corporate intervention:
Debt, debt, debt (recommended):
Jeff Booth on the tech/deflation dynamic (highly recommended):
Gigi on Bitcoin (highly recommended):
Is (global) dollar shortage no longer an issue (highly recommended):
Unpacking Bitcoin's history to date (recommended):
Plotting the next BTC breakout:
Watch and learn (highly recommended):
Token swap in action (how to earn fees as a liquidity provider - EOS specific):
Overview of Crypto.com:
A sobering visualization of money printing (highly recommended):
CME open interest ramping up:
Crazy world we live in:
# Website / Utility
A good resource re the DeFi space now - 4 billion and counting:
If last week didn't excite you - perhaps you weren't paying attention? As always, looking forward to your comments and suggestions.
**Note on Sources:**
*Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.*
Also published on [TIMM](https://mentormarket.io/category/cryptocurrencies/).