The future is dripping with innovation, but only the few can see it. @42048 Handcash: $Lavaroi
Joined July 2020
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Investing is played for 10yrs time. Smart people play it for 20yrs time, dumb people play it for tomorrow. Much Love to all the goons who have taken shots.
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H-1B DATA MEGA-THREAD 🧵
I downloaded five years of H-1B data from the US DOL website (4M+ records) and spent the day crunching data.
I went into this with an open mind, but, to be honest, I'm now *extremely* skeptical of how this program works.
Here's what I found 👇
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BREAKING NEWS
EGYPT PLANS TO ISSUE YUAN-DENOMINATED BONDS WORTH MORE THAN $500 MILLION
The trend continues...
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I know someone that tried to redeem a million Tethers. He passed all of their verification, and then Tether refused to redeem.
He then went to me, and the media, and then Tether tried stalking him on Twitter and doxxed him using the KYC information he provided to Tether.
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When I read about the ‘algorithm’ of @terra_money it sounds just like a crypto version of a pyramid scheme. Investors were promised 20% returns backed by a token whose value is driven only by demand from new investors in the token. There is no fundamental underlying business.
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My gosh .. Americans are loading up on credit card debt like never before.
Consumer credit outstanding - most on cards - more than doubling.
Oh, and interest rates are rising.
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With $18B algorithmic stablecoin Terra collapsing, lets talk about how the current crypto crash will affect the traditional stable coins.
🧵
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US equities didn’t get the memo, and most people are not paying attention to this, but financial system contagion is starting to turn up, and areas of the market are beginning to sense that this Financial World War currently underway = stress in the financial system. 1/n
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The Curve Wars.
If you're interested in learning about how the battlefield has dramatically changed, read this:
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People keep seeming to forget that companies and businesses that adopt public blockchain stablecoins will have all their business on the blockchain, available to their competitors.
Imagine your bank records, your suppliers & suppliers of your suppliers, all available online.
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New RNS: FY 2021 Results
- Increased revenue by 291% to $100m (£74m)
- Mining margin was 84%, up from 41% in 2020
- Grew EBITDA by 594% to $71m (£53m)
- Mining operations scheduled to begin at Helios in May 2022
- Expect 5.5 EH/s of hashrate capacity by end of 2022
#ARB $ARBK
ALT RNS - 28 April 2022
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All my rich friends who make more than me are ecstatic @JoeBiden is paying off their student loans. They make $200K a year but sure let’s not means test it.
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So @thomabravo will buy $PLAN for $11B but you don’t think anyone is interested in $TDOC for under $5B?
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Fed funds at 5-6%? I wouldn’t put it past the Fed to be that stupid. Would probably cause a Depression in parts of the world. markets.businessinsider.com/…
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$SHOP $AMZN
Consumers have those expectations from Amazon that shipping should be free, it should be two days, and whatever those are expectations are, returns should be free. That is still carried over when I’m buying on this branded website.
Beyond Aggregation: Amazon as a Service
Amazon's new Buy With Prime announced the arrival of Amazon Logistics as a Service, and is a big red flag for Shopify.
stratechery.com/2022/beyond-…
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This thread strikes me as spot on regarding perceptions of political bias by social media platforms. For everybody who clapped back at me yesterday over my Tweet about the dystopia that would be MuskTwit, this is great reading.
