@cryptosanitymag

Madness in, sanity out “Within groups selfish individuals beat altruistic individuals, but groups of altruists beat groups of selfish individuals.”

Joined July 2015
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Crypto Sanity retweeted
owockai
@owocki20 Jun 2022
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Lots of chatter this is exactly what's unfolding...supposedly less than 10% to go until mass liquidation cascades
Crypto Sanity@cryptosanitymag11 May 2022
Another scenario: There is a unlikely but decent risk (10-20% imo) that things will get much worse from here very quickly
Crypto as a whole needs to move from "design to succeed" to "design to fail" with clear scenarios that capture the most extreme events possible If the community works together a list can be generated covering most scenarios and stress testing completed before deployment
Blizz Finance@BlizzFinance13 May 2022
Chainlink pausing the LUNA oracle allowed several attackers to deposit millions of LUNA which is still worth $0.10 according to the Chainlink oracle to borrow all the collateral. The protocol has been drained before we could pause due to our timelock.
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Crypto Sanity retweeted
C
@cyounessi113 May 2022
Over *four years* ago I was a research analyst at @scalarcapital. The Terra / $LUNA deal came across our desk and I was assigned to it because I was the DeFi guy. Here's what I had to say about the project. How did we allow it to end up like this?
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Another scenario: There is a unlikely but decent risk (10-20% imo) that things will get much worse from here very quickly
Crypto Sanity@cryptosanitymag11 May 2022
So there was a mini-bounce inbetween which delayed us a couple months but potentially we just saw this flushout. Will it be the last?
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Once the system is mapped out and the entry points understood, it is trivial to pull off Ironically the transparent nature of the chain and sharing of positions makes this much easier
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If this occurs then I hope crypto survives enough to learn from it Best wishes to everyone and f the psychos, but really the design makes this inevitable
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So there was a mini-bounce inbetween which delayed us a couple months but potentially we just saw this flushout. Will it be the last?
Crypto Sanity@cryptosanitymag2 Feb 2022
So far pattern from last year is repeating. BTC/ETH fell before alts -> bounce -> alts lead downwards I think strong chance we get $BTC 28-30kish with alts down a ton, then bounce back to around these current levels before continuing bear at tbd date
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Ok just checked and MIM has held. So I will say it's resilient haha
Crypto Sanity@cryptosanitymag27 Jan 2022
Replying to @cryptosanitymag @AJ901 @buddyguy010
But I'll say this. If it survives $UST-$LUNA deleveraging spiral getting activated (potentially very soon) and Luna plunges 50% or something...with big UST depeg and incredible collateral evaporation Then I'll be open to saying it's resilient
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In its own way COVID may alter the course of history as much as the bubonic plague
AJ Leonardi, MBBS, PhD, MPH
@fitterhappierAJ16 Mar 2022
Don't know what else you guys can ask of me, a single T cell immunologist, in accuracy and foreshadowing Here are two major things I foreshadowed I anticipate the loss of Naive T cells here 1/2
Taleb's normal boasting aside, this post succinctly and brilliantly describes how I see reality Embodying it will make you not only a great investor but a great leader. And shines light on the path toward collective flourishing medium.com/incerto/the-logic…

The Logic of Risk Taking

A central chapter that crystallizes all my work. In forth. Skin in the Game

medium.com
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I particularly love the essay tying antifragility with virtue Many people who "make" money in antifragile ways dismiss the great challenges of our time: climate change, covid, resource constraints, etc although the logic is identical Taleb is consistent in his evisceration
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