Quote from: Peter90 on April 22, 2024, 01:49:58 PM

--snip--

Thank you very much for your reply and for all these details.

The project does indeed look solid and serious, looks very interesting. I'll take a little more time to read your dedicated topic, and to check where I can swap KAG without KYC (if it's possible of course).

Audits are reassuring.

I'm looking more for gold/silver stablecoins to diversify my portfolio on the long term (trying being less a BTC/XMR "maxi"); not so much for day-to-day spending, although that is indeed a great idea.

It's very scary that Canada prohibits trading USDT, I don't understand where the error lies with USDT in Canada.
Including large markets such as Coinbase which prohibits USDT trading in Canada, perhaps other members have a better understanding of this issue.
Or maybe there are members on altcoinstalks who are originally from Canada, why does this problem occur.

I am analyzing the FDUSD volatily and I can see that it always goes up to 1.0030+ when there is a launchpool announced and then dips to 0.9980 areas when it's finished.
 
However, there seem to be other factors that make it go up and down.
 
Since BTC/FDUSD is fee free and BTC/USDT is not, my assumption that perhaps has to do with users accumulating FDUSD for some reason to buy BTC later or leverage it or something like that. But that's just an assumption.
 
Did anyone make a decent research on the topic? 
Couldn't find anything useful on Google about it.

So, my question is, for those of you that actually have good knowledge about Bitcoin and gold, which will you love to invest in, and what is your reason for choosing the asset?

Quote from: Peter90 on April 20, 2024, 04:13:19 PM

Quote from: TomPluz on April 20, 2024, 03:20:13 PM

I am expecting some impact for Bitcoin that this approval of ETFs in the Hong Kong market though everything will depend on the volume of the demand this platform will be creating.

I still don't understand whether and how easily Chinese can trade in HK.
If they can, HK BTC ETFs inflows will be massive.
If they can't, those ETFs will be inconsequential - I think

I am also thinking of the same thing. I used to assume that mainland Chinese can access the crypto market the way it is right now in Hong Kong but I think I am wrong. Chinese coming from the mainland are having a hard time getting into the crypto market in Hong Kong based on this article published by Yahoo Finance. While we know that some can be able to get through using "underground" means and ways, they will not be making that big impact in the market. Hence, the conclusion is that "Hong Kong’s crypto ETFs will be ‘nickels and dimes’ compared with U.S. versions" all because this is going to be limited to the Hong Kong market sans China which is a lot bigger and can even be compared to USA, for that matter. Nevertheless, this can still help even in limited ways and if many countries will also be following this lead then maybe there can be an avalanche of more demand for Bitcoin aside from the one in the USA.