Interestingly, Nic Carter thinks neutral to bullish in his thread

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Frax Finance

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Interestingly, Nic Carter thinks neutral to bullish in his thread

https://twitter.com/nic__carter/status/1689029818732433408?s=20

#cryptocurrency #english #frax

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08.08.2023

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Sam Kazemian ¤⛓️¤ · Accepted Answer

Ya I just saw that. He has an interestingly pessimistic take on it. Generally, anything that "codifies" and provides "clear guidance" as he admits in his tweet is bullish in my opinion especially when it is coupled with a no objection process. I mean think about it the other way, if this is bad, what would a great guidance look like? The Fed just saying "do anything you want" ?? On the flip side, it could have been much worse like the ominous and vague warnings the Fed/SEC etc gave at the beginning of the year just saying don't do it or else with no guidance on how to actually do it if you wanted to.

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Interestingly, Nic Carter thinks neutral to bullish in his thread

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