Unes sed Simius
Low earth orbit
Joined February 2019
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Camillus retweeted
Well how about that
They redid the chart, but it still pains me to point out that something *very* specific happened in 1978-79 to facilitate a second major spike in inflation. And it's unlikely to happen again. wapo.st/3YT6iED
Damage report: Through yday… I lost about 1/4 of my remaining sol position that was collateralizing low leverage perp longs (3x) . Every single trader w leverage higher than 2x across all exchanges was liquidated in that move.
But I managed to get some funds on coinbase and add more $Zec at 180… so reminds me of this one from my time trading Eurodollar futures in 2008. My boss had a plaque on his desk that read :
I am bleeding but not slain
I shall lie me down to bleed some
Then rise to fight again
One lesson I’ve taken from 20 years in tradfi is to respect relative strength in a downturn.
I’m officially now a Zec convert bowing down to Muad Dib.
Lisan Al gaib
Do we think a massive influx of crypto wealth in the People's Republic will increase or decrease the demand for private cryptographic transactions?
For those getting up to speed:
xitter.cf/jswihart/status/197515…
xitter.cf/arjunkhemani/status/19…
Camillus retweeted
🍻 🦍 Excited to share what I’ve been brewing for this week’s #creape competition for @DegenApeAcademy
Degenerate IPApe - 7.1% ABV
Academy Ale - 5.0% ABV
@DegenDAOO @DegenMintSquad got the sneak peak.
If you’re an ape in LA, hit me up for a 6-pack
Sure seemed like a heck of a coincidence at the time.
foxnews.com/politics/coronav…
Don’t worry, team. This only affects 70% of the residential mortgage market.
Regulator Mark Calabria says Fannie and Freddie can go for 12 more weeks, but if widepared mortgage forbearance goes longer than that, they'll need another taxpayer bailout. They're levered 240:1 ft.com/content/575e818e-c35a… via @financialtimes