Morning Pages Day 3: Exploring the Future of Decentralized Crypto Trading

Lately, I've been diving deeper into crypto trading, with a particular focus on RUNE. I see decentralized exchanges as the critical next step for the crypto market's evolution. The vulnerabilities of centralized exchanges have become increasingly evident, and the risks they face from political entities can't be ignored. It's clear that a more resilient, decentralized structure—like what Thorchain is pioneering with its anonymous node operators—is essential to extend Bitcoin's decentralized ethos to the trading of cryptocurrencies.

Thorchain, as the first to the market with this model, holds a significant advantage. The demand for RUNE, which powers nodes and the network, will likely increase in proportion to the adoption of this technology. With the end of CZ’s house arrest approaching at the end of the month, it will be interesting to see how the market reacts. For now, I’m experimenting with 10x leveraged call and put options, trying to maximize profits from the high volatility we’re seeing in the market.

There's a lot to keep an eye on, and it feels like we're on the cusp of major shifts in how crypto is traded.

This post is part of the "Morning Pages" project, an experiment in daily creative writing and content generation using AI tools. The thoughts and reflections shared here are edited for publication with the help of ChatGPT, while accompanying visuals are created using DALL·E 3. Both tools contribute to exploring the intersection of technology, creativity, and communication.