tikkamasalas @tikka_masalas
😐Passive Incooomer 🧵Passive Threadooor Joined October 2021-
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I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made) I’ll pick the winners in 72 hours
Here are 2 similar looking charts of long duration assets purchased in last few yrs. Owners believe if held to maturity, all losses will be recovered. If either liquidated today, owners experience a large loss on original principal. One is a US Treasury. The other is Bitcoin.
In Jan of this year, @bryan_caplan bet @MatthewJBar that no AI would reliably score an A on his economics midterm exams before 2029. Three *months* later, GPT-4 scores an A.
Clearest analogy and breakdown of consequences of BTFP Ive seen personally.
Clearest analogy and breakdown of consequences of BTFP Ive seen personally.
1/12 [Interim Update of User Swap Incident] At 4am UTC, our team was alerted to a trade that encountered an unusually low return on the user’s swap. x.com/spreekaway/sta… Our team is working hard to resolve this unfortunate matter. Summarized details below ⬇️
1/12 [Interim Update of User Swap Incident] At 4am UTC, our team was alerted to a trade that encountered an unusually low return on the user’s swap. x.com/spreekaway/sta… Our team is working hard to resolve this unfortunate matter. Summarized details below ⬇️
People panicking aout $USDC forgetting how many lost / trapped USDC there are out there on random contracts
It’s went from “bank the unbanked” to “unbank the banked” pretty quickly. #Bitcoin
crypto gets an actual, composable usecase -- yes it needs KYC but that's the cost of actual utility and its hopefully seamless once done
crypto gets an actual, composable usecase -- yes it needs KYC but that's the cost of actual utility and its hopefully seamless once done
The OpenAI Chat prompts and responses on twitter are beautiful but there needs to be an easier way to verify that a response was real -- too many people looking for engagement, and this AI too easily passes the first-glance turing test to suss out the fakes.
1/18 Ok - so lets say there is an issue with DCG and they have $1bn hole and aren't getting a life line. What could they do? I decided to break down their assets, as best we can externally.
FTX on Monday: We'll tell you our top 50 creditors by Friday pacer-documents.s3.amazonaws.com/33/188450/0421… On Thursday: We don't know who our creditors are pacer-documents.s3.amazonaws.com/33/188450/0420… On Saturday: Our creditors are confidential pacer-documents.s3.amazonaws.com/33/188450/0421…
@nntaleb Strongly disagree. The psychological stress of having 99% of your net worth in one single illiquid asset can easily make people go insane. There is absolutely nothing wrong with some diversification, and the sanity boost from diversifying can even improve work performance.
4/5 But this process can take months/a year. Remember, we are 6 months past Terra/Luna, and we just discovered that Alameda was buried due to their collapse. So, 6 months later, Luna is still impacting mkts. FTX/Alameda will take more time and pain
"While the news of the collapse of FTX is empowering crypto skeptics, we would point out that all of the recent collapses in the crypto ecosystem have been from centralized players and not from decentralized protocols." - JP Morgan
CryptoCondom @crypto_condom
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Just when you think you've seen everything. 😂
@Morbidful After running out of food and water on the fifth day, Ralston decided to drink his own urine. He carved his name, date of birth and presumed date of death into the sandstone canyon wall, and videotaped his last goodbyes to his family. He did not expect to survive the night, but…
Her: he's out cheating on me Him with the boys:
@crazyclipsonly New spider man leaked footage is wild 🤯
Behind the scenes of Spider-Man
This gotta be the worst way you can lose a wrestling match
Legendary Olympic double gold moment
mrbeast realized he's like the oppenheimer of youtube and is trying to undo the damage he caused
This past year i’ve slowed down our videos, focused on story telling, let scenes breathe, yelled less, more personality, longer videos, etc. And our views have skyrocketed! My fellow YouTubers lets get rid of the ultra fast paced/overstim era of content. It doesn’t even work 💀
Mankind has always found a solution
@DemoOfUK Wrong dad 🤲🏻 📹
@Nadal_istheGOAT Neighborhood police officer jokingly pulls over toddler while she drives battery operated toy car...
Man Falls Into Train Tracks During Fight
@kamikaz_ETH @0xdefiwizard Ok let me know if you ever want to get serious
Red Bull spent a year building a custom drone to keep up with its Formula 1 car (driven by Max Verstappen) around Silverstone. The drone accelerates 2x faster than an F1 car, hitting 186 mph in just 4 seconds and a top speed of 217 mph. Red Bull's marketing team strikes again.
How much do you guys tip the forex desk at the airport? I normally do 20% but if they make a good spread it seems fair to give them 30%, thoughts?