pharo
1.6K posts


A book a night here. Can’t handle some “Goodnight Moon”? Get your shit together wimps.
Nick Kapur@nick_kapur
Gen Z parents don't read to their kids anymore because "it's so boring." Just 41% of parents now read to their kids, down from 64% in 2012. Not only is this creating a future generation of illiterates, but will eventually collapse the market for books and bookstores.
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Stop comparing staking ETF yields to treasuries
Treasuries are gains on usd that basically counteract inflation. Put a depreciating asset in to get positive yield and end up neutral
Gains on a staked etf are gains in the form of an appreciating asset. Put an appreciating asset in to get positive yield and end up more positive
Or in gangster terms, ur money grows while it also multiplies
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pharo retweetledi

If people say they traded this on the long side profitably, you can go ahead and mute/block them
Paolo Ardoino 🤖@paoloardoino
Wow
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Comparing the first few days of volume of a hyped new launch (think an IPO) against the volume of something that has been trading for 8 months doesn’t make much sense.
Making this comparison when ETHE is 60% of volume and all outflows makes even less sense
Teddy Fusaro@teddyfuse
#Ethereum ETFs traded about $856 million today. #Bitcoin ETFs traded about $1.49 billion. ETH ETFs come in at about 60% of traded value as a pctg of BTC ETFs on Day 3 of their lives.
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@mustached0 @arthur0x Let’s hope the kind of investors that care about P/E ratios don’t do the math to see what crypto co’s trade at..
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@arthur0x Need the kind of investors who care about P/E to enter the market, first. ETF plausibly onboards them, but it will take time.
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I think the pendulum will swing to favour the crypto projects that have proven its PMF and resilience over multiple market cycles and re-rate them accordingly. Complete opposite of low float high fdv with lots of hype but delivered little so far.
Some of them trading at absolute bargain valuation and have grown even more dominant over the past few years. Eventually they will stop trading at less than 20x revenue multiple.
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