RE: 💰Update on the Collaborative SteemFund ! 💰
Cut down on the EOS exposure, its new ties to Bitfinex might turn out to be very bad news if Bitfinex doesn't have a similar deal given to them that was offered to the one Poloniex got from the SEC. They either had to get bought by Circle and its corporate owners or get rammed hard by the law. There's a big risk if they get closer to the Tether USDT ecosystem.
Sell some Golem, any token running on a chain is too closely related to the chain it's running on. You get no true diversification there. Eth and Golem will be strongly affected by Tether's EURT erc20 printing.
Increase exposure to true privacy coins, while avoiding Monero for what should be obvious reasons. This play will see a big spike when people rush into private chains while fiat gets pounded in coming years and governments fight back hard.
Good luck.
What kind of ties are you refering to?
The fact that they are going to build on top of EOS? But does that mean there is a deeper deal between Bitfinex and EOS?
Thank you very much for your VERY interesting comments. I appreciated it.
It's definitely not good for Bitfinex that another major exchange was forced to take a deal and get bought in order to avoid legal action. It won't be so simple for them and I don't think the SEC is going to deal with them with such a light touch. I don't know what they've been up to, I know as much as anyone else who doesn't work at these companies.