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So I think it was Kobe who said something. Right? Like, the road from, like, a 100 02/2025 will be the easy road, then a 100 And '25 to, like, two fifty, or that that'll be the hard road, and
then 1 20 05/1950 will be the easy road. So I got I got liquidated on gold, and that was, like, the only position I had open. It's hilarious. Like, I had, of course, naively had zero idea that I could get liquidated on three x on gold. Yeah. But honestly, it's really not ideal that Bitcoin can go down like that in thirty minutes.
Thread guy was hit by a big tax bill and was, like, stressing about it on the timeline. And literally the next day, all of a sudden, we, like, see maybe it wasn't the next day, but, like, within, you know, forty eight hours, we see this huge surge in g Zcash. Like, am I wrong in thinking that there was a connection there? Or or, like, was was there or wasn't there? Hi, everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin. Thanks for joining this livestream, but just FYI that this was prerecorded. Before we get started, a quick reminder, nothing
Hey. Thanks for having us back. Thank you for,
yeah, round two. Happy to be here.
Yeah. I'm excited to finish off the second half of the year because there was so much that happened. We're gonna start with the Genius Act, which was the first stable coin sorry. The first the first crypto law that we have seen in The US, and there were, you know, a few, like, interesting surprises in there. I think probably the main one that, you know, has continued to cause controversy and is also, I think, a sticking point in the negotiations of the crypto mark crypto market structure bill is that there's a prohibition on stablecoin issuers directly handing the interest off to users. Anyway
Well, I mean, I guess it kinda kicked off stablecoin season, which is somewhat unfortunate for alt markets because there aren't really many stablecoin tokens or at least, right, like, tokens to trade. So, yeah, I mean, a great great for crypto adoption, but I think everyone kinda wanted wanted something to pump. There really wasn't much besides Circle Equity.
What? XPL didn't perform well for you?
Oh, XPL. Yeah. That's actually yeah. XPL was that was the stablecoin play for a while.
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