chauyan

Look at what it means to Chinese Taipei ❤️

@TPP_Taiwan Does this mean that you are going to switch your vote on the President's defense spending programs? If you don't, then this is just pretty noise.

When Cybertruck is updating, the steering wheel becomes loose as there is no mechanical connection to the wheels 🤣📐 twitter.com/joemontalto13/…

等等 這會不會太好笑 #蔥師表 #歌劇院版

我快笑死 沒有一次選對的

德國拒絕台灣候任副總統蕭美琴過境，歐洲學者暴怒😠 「- 當德國想要將台積電晶圓廠遷至德勒斯登時，德國政府派遣內閣級部長前往台北乞討。（那是）幾十年來首次有歐洲內閣部長來訪。 - 德國得到後，現在對台灣候任副總統豎起中指，甚至不讓她乘坐地面交通工具過境。她從未離開過德勒斯登機場。 對台灣是多大的背叛啊！當台灣面臨中國攻擊時，別指望歐洲做哪怕是一點點事情！ 當我們知道德國企業在整個歐洲（透過供應鏈）的政治影響力有多大，理解德中腐敗有多深，和對未來的戰略意義，這是一個重大打擊。 這也是中歐要擺脫德國和法國愚蠢的對中政策的另一個原因。 如果許多歐洲北約大國供養和服從我們的安全提供者（美國）的主要敵人（中國）的願望，我們就不能要求美國人為保衛我們的地區（北約）免受俄羅斯的侵害而犧牲。」

#NVIDIA’s market cap has massively outpaced Intel. An odd comparison? Not for me! I grew up with both brands as a teenager: Intel had its line up of Pentium processors and NVIDIA had its graphics cards. Intel has lost ground to Apple silicon and its arch-rival AMD. NVIDIA, by contrast, has exploded off the blocks. Watch this data visualisation to see the story unfold. When you look back, it's a pretty crazy really. NVIDIA actually took a while to get where it is today. Any thoughts? Music: High Rises by FLYIN, Epidemic Sounds

79-year-old diver and this fish have been best friends for 30 years after he nursed her back to health.

“White supremacy is the greatest threat to our democracy.”

You’re an alien @StephenCurry30 😂

The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowing @SVB_Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is — an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or @BankofAmerica acquiring SVB before the open on Monday, a prospect I believe to be unlikely, or the gov’t guaranteeing all of SVB’s deposits, the giant sucking sound you will hear will be the withdrawal of substantially all uninsured deposits from all but the ‘systemically important banks’ (SIBs). These funds will be transferred to the SIBs, US Treasury (UST) money market funds and short-term UST. There is already pressure to transfer cash to short-term UST and UST money market accounts due to the substantially higher yields available on risk-free UST vs. bank deposits. These withdrawals will drain liquidity from community, regional and other banks and begin the destruction of these important institutions. The increased demand for short-term UST will drive short rates lower complicating the @federalreserve’s efforts to raise rates to slow the economy. Already thousands of the fastest growing, most innovative venture-backed companies in the U.S. will begin to fail to make payroll next week. Had the gov’t stepped in on Friday to guarantee SVB’s deposits (in exchange for penny warrants which would have wiped out the substantial majority of its equity value) this could have been avoided and SVB’s 40-year franchise value could have been preserved and transferred to a new owner in exchange for an equity injection. We would have been open to participating. This approach would have minimized the risk of any gov’t losses, and created the potential for substantial profits from the rescue. Instead, I think it is now unlikely any buyer will emerge to acquire the failed bank. The gov’t’s approach has guaranteed that more risk will be concentrated in the SIBs at the expense of other banks, which itself creates more systemic risk. For those who make the case that depositors be damned as it would create moral hazard to save them, consider the feasibility of a world where each depositor must do their own credit assessment of the bank they choose to bank with. I am a pretty sophisticated financial analyst and I find most banks to be a black box despite the 1,000s of pages of @SECGov filings available on each bank. SVB’s senior management made a basic mistake. They invested short-term deposits in longer-term, fixed-rate assets. Thereafter short-term rates went up and a bank run ensued. Senior management screwed up and they should lose their jobs. The @FDICgov and OCC also screwed up. It is their job to monitor our banking system for risk and SVB should have been high on their watch list with more than $200B of assets and $170B of deposits from business borrowers in effectively the same industry. The FDIC’s and OCC’s failure to do their jobs should not be allowed to cause the destruction of 1,000s of our nation’s highest potential and highest growth businesses (and the resulting losses of 10s of 1,000s of jobs for some of our most talented younger generation) while also permanently impairing our community and regional banks’ access to low-cost deposits. This administration is particularly opposed to concentrations of power. Ironically, its approach to SVB’s failure guarantees duopolistic banking risk concentration in a handful of SIBs. My back-of-the envelope review of SVB’s balance sheet suggests that even in a liquidation, depositors should eventually get back about 98% of their deposits, but eventually is too long when you have payroll to meet next week. So even without assigning any franchise value to SVB, the cost of a gov’t guarantee of SVB deposits would be minimal. On the other hand, the unintended consequences of the gov’t’s failure to guarantee SVB deposits are vast and profound and need to be considered and addressed before Monday. Otherwise, watch out below.

@SantaClaraPower Thank you

Update for those who just saw power back for less than a minute - another branch fell and hit the line and needs to be cleared. We are working on it.

Interrupting my paternity leave to share some final @twitter-related news: I’m leaving the company after over 7 years.

A social media platform’s policies are good if the most extreme 10% on left and right are equally unhappy

S3XY Light Show

BREAKING: Tesla's submitted 5 filings with the Texas Department of Licensing & Regulation. Tesla seems to be seeking approval for start of production. Filings • Body In White (Cost: $182M) • Stamping ($150M) • Casting ($109M) • Paint ($126M) • GA ($493M) Total Cost: $1.06B

This week I sat down with both @100trillionUSD and @willywoo to discuss the Bitcoin market, predictions, and their thoughts about cycles using on-chain data. This was a masterclass with some of the best analysts in the ecosystem. Enjoy! youtube.com/watch?v=8zmzGH…

@shakalaca 還不趕快帶少爺去喝一杯

家附近的星巴克也開始賣啤酒了

That’s a sad story

@Reuters Well, it's a trend now

As El Salvador becomes the first country in the world to recognize the cryptocurrency as legal tender, wary migrant families view bitcoin as volatile and risky reut.rs/3BNHaCG