2023 the year of encroachment - state of the market

Looking back at 2023, the events that are bringing this year to a close and all the exciting Decred development for 2024.

2023 the year of encroachment - state of the market
2023 the year of encroachment - state of the market

LISTEN TO THE PODCAST:

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We went LIVE – Sunday, December 3rd 2023 – 3pm UK TIME

Decred and the State of the market is brought to you by Exitus and PhoenixGreen.

In this episode, we’ll have a look back at what’s happened in 2023, the events that are bringing this year to a close and all the exciting developments in progress for 2024.

Live stream agenda:

This year has been dominated by US and European regulators aiming to close down on and off ramps to the crypto world “Choke Point 2.0”. Interestingly, other areas of the world like South America seem to be ramping up their adoption and embracing this new technology. Will this leave citizens of western countries disadvantaged going forward?

Bittrex is closing down “Monday 4th December 2023”. Shortly after announcing this news, they disabled DCR withdrawals on the platform, sending the price on the platform below $5, creating a possible arbitrage opportunity for any trader brave enough.

This leaves Decred with just two main markets, Binance and DCRDEX. With Bitcoin BTC and Tether USDT being the main pairs. DCRDEX could be perfectly positioned based on the version 1 release, just weeks away. The New Polygon USDC pairs to rival USDT. And more privacy with the release of Firo pairs.

What are your thoughts on Polygon and the USDC pairs coming to DCRDEX?

Bitcoin has been a roller coster this year. It’s impressive that the price has gone up so high but using the chain has become a ridiculously bad experience which has also impacted platforms like DCRDEX that conduct permissionless on-chain transactions.

The Vanguard and the video proposals are just about to come up for renewal. What have been the positives, negatives and learning experiences for these proposals? What are we aiming to achieve in 2024?

  • New video content?
  • New people to deliver content?
  • Ads on Twitter?
  • In-video adds on tech content creator YT channels
  • What about the possibility of YouTube ads?
  • Hackathons?
  • Trading contests on DCRDEX?
  • Explore partnerships and integrations?
  • Rare sats on DCRDEX?