Even though Mode have their treasury in BTC, the volatility is triggering business and contributing to cash reserves. In July we went to 27k ish on BTC and then a few smaller peaks and troughs and now this evening a deep trough in the BTC price. This is when we should all feel reassured of Modes business model for buying and selling BTC and its users being price followers.
The problem is that these DeFI products are being bear down on by the FCA and is not compatible with the emoney licence Mode was granted. The other problem is though, i do not think Mode have really capitalised upon then emoney licence that they do have......
In the bias Arden note, thez talked about the other products such as payroll, and BTC lending. If they can get BTC lending up and running and of course allowed by the FCA then they could really turn the business around. ....People would borrow against their BTC, i am sure of it.
https://www.rfi.fr/en/serbia-backs-out-of-controversial-rio-tinto-lithium-mine-pm
After all of the reading, is this chip that QBT is about to manufacture, twice as fast, or 24% as fast as its nearest competitor? Or is it twice as fast not including other enhancements? That is basically where i am in this. Thanks for the answer guys!
https://tradingeconomics.com/commodity/lithium
53,664 US Dollars per tonne.