Joined December 2012
- Tweets 858
- Following 259
- Followers 63
- Likes 803
42 Photos and videos
44 retweeted
23 May 2022
Fundamental Design Principles for DeFi:
- If the protocol doesn’t work without a reward token, it’s a Ponzi scheme
A reward token should not be necessary for a protocol to function. That means the protocol is not a revenue generating business.
53
269
1,317
44 retweeted
10 May 2022
ok here is how the $luna $ust attack was coordinated & executed. 🧵 (quoted from a friend)
- attacker OTC accumulated $1bn of UST
- borrowed $3bn in $btc
- spread around some fud about peg and bank runs
- dumped the fuck out of their $3bn $btc on market to trigger wider panic
625
3,851
12,571
44 retweeted
29 Mar 2022
The Canadian Conservative Party’s @PierrePoilievre comes out in support of allowing Canadians to use Bitcoin as legal money in the country.
Will crypto decide Canada’s next PM? buff.ly/35j6aH9
33
83
522
44 retweeted
24 Mar 2022
🧵: Let's talk about tokenomics. This is an area of crypto that so many investors get wrong.
Analysing a project's tokenomics before investing can be the difference between a successful and failed investment.
These are the things I look for when researching. 👇
38
261
871
44 retweeted
16 Mar 2022
Ukraine's President just legalized crypto.
Eventually every country will do this.
coindesk.com/policy/2022/03/…
144
446
2,679
44 retweeted
15 Mar 2022
The @terra_money dao is now buying entire markets.
Probably nothing.
60
229
1,470
44 retweeted
12 Mar 2022
There has been a large increase of users losing their funds from their Terra wallet lately which have confused the mod team on the Terra/Anchor Discord servers as to why and how it is happening. We believe we have figured out the cause: an elaborate and effective phishing tactic.
44
172
334
44 retweeted
13 Mar 2022
The Discords are quieter, and Crypto Twitter has a different vibe.
I've been through several bear markets before.
If I could go back in time and tell myself something, it would be this...
A mini-essay on Bear Market Stamina:
66
355
1,592
44 retweeted
10 Mar 2022
Price increases over last year (CPI report)
Used Cars: 41.2%
Gasoline: 38.0%
Gas Utilities: 23.8%
Meats/Fish/Eggs: 13.0%
New Cars: 12.4%
Electricity: 9.0%
Food at home: 8.6%
Overall CPI: 7.9%
Food away from home: 6.8%
Apparel: 6.6%
Transportation: 6.6%
Shelter: 4.7%
256
2,232
4,293
44 retweeted
10 Mar 2022
Things to check before buying into a crypto:
• Token value capture
• The purpose of their product
• Token emission schedule and Fully Diluted Valuation (FDV)
• If their product generates yield, how is it done?
• Future opportunities for growth
• Teams background
9
44
197
44 retweeted
10 Mar 2022
The government reported this morning that the cost of food when eating at home is 8.6% higher today than it was a year ago.
Millions of Americans are suffering because of undisciplined monetary and fiscal policy.
225
647
4,623
44 retweeted
10 Mar 2022
In cultures of arrogance, people get rewarded for expressing certainty and conviction. The most confident speaker claims the most status.
In cultures of humility, people are applauded for admitting ignorance and asking questions. The most complex thinker earns the most respect.
67
1,057
4,604
44 retweeted
10 Mar 2022
Crypto is the best financial education you can get
The 'real world' will never teach you how money really works. Yet you'll need these skills more than ever this decade.
If you're young, learn crypto.
If you're old, learn crypto.
9
38
219
44 retweeted
10 Mar 2022
Like Covid March 2020 was a major buying opportunity for Crypto today is no different.
High USD inflation will drive $trillions into Crypto assets seeking refuge. DeFi applications will benefit massively in this new digital bankess era.
1
3
22
44 retweeted
2 Mar 2022
401
1,307
8,847
44 retweeted
17 Jan 2022
📢 $KUJI Staker Campaign 1 💸
We've put together a super simple guide for bidding & liquidations. Time to go back to basics.
Here is the campaign page blue.kujira.app/campaigns/1.
‼️ Stakers need to push the button on the campaign page to qualify (up in ~ 15 mins) 🔁
🧵 1/8
81
4,137
998
44 retweeted
28 Feb 2022
When a currency collapses, the stocks, bonds, & real estate linked to that currency also collapse. If your assets are not portable, your wealth may not be durable. #Bitcoin
343
1,410
6,896
44 retweeted
3 Jun 2021
Terra does not compete with other blockchains - it enables them to create decentralized economies built on uncensorable monies.
Terra’s only competition is fungible state violence (fiat), and those who seek to now tokenize that violence.
70
428
2,408