Finding the edge

The Trenches
Joined June 2010
looppau 💫 retweeted
… more soon
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looppau 💫 retweeted
Diversification is dead. I know that goes against everything you've been taught, but hear me out. Global governments and central banks are increasing liquidity to manage debt at 8% a year. That's the hidden devaluation of fiat currency you don't see. Add inflation on top and you've got an 11% hurdle rate. If your investments aren't hitting 11%, you are getting poorer.
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looppau 💫 retweeted
Elon Musk
@elonmusk25 Aug 2024
Liberté Liberté! Liberté?
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Yesterday I freaked out about the revelation that @Ledger could spit out your private key with a firmware update. Yet I noticed the smartest people were not freaking out. Was I missing something? I spent the evening educating myself, and now I'm in the "nvm it's fine" camp.
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looppau 💫 retweeted
It took 215 years for the US to reach $7 trillion in debt. It then took only 27 months (March 2020 - June 2022) to add another $7 trillion. Debt is not a bug of our credit-based monetary system. It's a feature.
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looppau 💫 retweeted
Why @THORChain should consider creating a two-tiered lending design: with and without liquidation, and let people choose risks that come with each. Native asset lending is a huge deal and we should not bet the farm on no liquidation lending as the only design. Thread 🧵
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looppau 💫 retweeted
We’re excited to share, we have: 1) Raised $200M and now have a total of $458M in mission-driven funding 2) Decided to go FULL OPEN SOURCE at our next milestone 3) Reserved ⅔ of a potential future token for the ecosystem 4) Formed a partnership with @OpenZeppelin 👇1/8
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Our guaranteed SPECIAL COMMUNITY #AIRDROP is live for a limited time — to thank our early supporters for helping to build the Unlockd community 🚀. Participate now, earn points and receive $UNLK proportionally to your position in the ranking! 🪂🔓 airdrop.unlockd.finance 🔓🪂
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looppau 💫 retweeted
Wake up anon, it's over. You didn’t think it would always be that easy did you? The new normal is Ultravolatile. Look around and get used to it. If the merge and the macro didn’t prepare you for this, then what did you think was going to happen? youtube.com/watch?v=17QJb7xU…
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looppau 💫 retweeted
Learn Web 3. Get paid. The BETA test for our web3 earning platform starts today! 💰 The first 1,000 people to follow @EarnWeb3DAO will get in first
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Retweet this for absolutely no reason whatsoever.
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looppau 💫 retweeted
1/7 a relevant question in the @faction_nft discord: "What to do here ? Got a water molecule" My Answer in this short thread 👇
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Aqui se Holdea con cojones!
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$38,000 $38,000 in 2021 in 2022
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4 years of studying at university can get you a job. 4 years of studying Web 3 can get you financial freedom.
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We're giving away one 'Ascensus' open edition from the 'Cypher Deos' collection dropping Friday! to enter: - Follow @NiftyGateway and @LuchoPoletti - Like and RT this tweet We'll pick a winner Friday (4/29) before the drop!
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looppau 💫 retweeted
Anyone is welcome to submit a pull request to add address block-listing to THORChain. But good luck getting 104 permissionless anon nodes that churn out every 3 days to run your code. Now you realise why THORChain is built the way it is with no logos in sight.
This quoted post is unavailable.
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looppau 💫 retweeted
At 8% yearly inflation: After 9 years, a $1,000,000 retirement/pension, will only have $472K in purchasing power. The real inflation rate (measured by 1990s rules) is closer to 15%. In 9 years that $1Mil becomes $213K People don’t understand how much they are being robbed.
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looppau 💫 retweeted
Looking forward to try self-repaying loans on Terra. Example Step 1: Put in $10K on Anchor Protocol (you get aUST) Step 2: Deposit your $10K aUST in Kinetic Money Step 3: Borrow $5K kUST Step 4: Convert $5K kUST to $UST Step 5: Put $5K $UST in Anchor (tot $15K) Loop & repeat
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