SyncDAO. Change is near! discord https://xitter.cf/t.co/ciWJvUw0z4 telegram https://xitter.cf/t.co/1VXyQPPhkL

Joined July 2020
If you are using a bank account to “save” money, you are going backwards. The answer to the banking problem? #DeFi
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DeFi Vaults are a core piece of SyncDAO architecture. You can find out more about the value of Vaults and how we are developing SyncDAO Perpetual Vaults at docs.syncdao.com
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We're building @SyncDAO to survive and thrive in volatile markets. SyncDAO Governance Token Holders are able to vote in and select new vault strategies to maximise sustainable long term returns.
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What's your favorite cryptocurrency and why?
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1/4 DID YOU KNOW? In DeFi, you become the bank and simply use the platform as the vault to access assets online. In DeFi, you can be a "Liquidity Provider" and pool your assets with others on a platform so that other users can borrow and lend their crypto in the market.
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3/4 You help provide funds that support the flow of crypto assets in the DeFi marketplace. No bank offices or tellers to pay for, so the transaction fees go to you. And SyncDAO's Perpetual Vaults are like putting this all together, on autopilot!
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4/4 Perpetual Vaults are a smart contract that combines some or all of the above strategies (and sometimes more!) into a profit-generating vehicle for you. Deposit into the vault, stake your funds and the vault will get to work behind the scenes optimizing your returns.
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SyncDAO (✊,💸) retweeted
Draper now advises his companies to hedge against bank failure with Bitcoin.
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SyncDAO (✊,💸) retweeted
Traditional finance causes more widespread confusion than decentralized finance… #DeFi & #Bitcoin have helped more people learn more about how the financial system actually works faster than any other time in history.
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SyncDAO (✊,💸) retweeted
Replying to @cryptoecongames
Seems like a constitutionally invalid legislature. I expect it will be challenged in court.
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SyncDAO (✊,💸) retweeted
Hard to deny now that there is a coordinated assault on Bitcoin. But freedom will push back, at national and state level. “The agencies’ backroom war…is unlawful and unconstitutional…Congress should perform its duty and rein in these regulatory abuses.” cooperkirk.com/wp-content/up…
Excellent, detailed summary of OCP2.0 courtesy of Cooper & Kirk, a law firm that sued FDIC, OCC & Fed over OCP1.0 [pdf] cooperkirk.com/wp-content/up…
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Big news
Now this is interesting! State-chartered banks could operate without Fed approval. You'd have to get into the guts of clearing and settlement, but perhaps states like Florida and Texas could keep the rails open even if the Fed wasn't very happy about it.
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SyncDAO (✊,💸) retweeted
Today it's red vs blue. Tomorrow it'll be orange vs green. Bitcoin maximalists vs dollar nationalists. The decentralized network vs the centralized state.
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SyncDAO (✊,💸) retweeted
Decentralized Financial Liberation is the way to battle against the suffocating grip of Centralized Financial Disempowerment...
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SyncDAO (✊,💸) retweeted
The U.S. needs to update its financial system. The code is 40 years old and the laws are 100 years old. Cryptocurrency is not a financial service. It's a technology that can be used to update financial services. Let's update the system.
Crypto can provide a meaningful update to the existing financial system and increase economic freedom in the world. It's time to update the system. 🔁
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IFS!
I've been a #Bitcoin believer for over 10-years, but I also recognize it is only part of the Internet Financial System (#IFS), and despite likely growing to store trillions in value, it won't even be the majority of the IFS.
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SyncDAO (✊,💸) retweeted
Decentralization matters.
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