BBPanda

UNF*K the world 🖖

@DarrenSRS You got wealthy through skill n knowledge?

The best thing you can do over the next 6 months if you're looking to build your wealth in the crypto/NFT space without putting your $$$ at risk is to improve your marketable web3 -related skills and knowledge

Shared my thoughts on migrating $mc token -> $beam token; Summary: ∙ Better alignment of token brand to network (Beam:Beam) ∙ Lowered relative supply/holder count (due to inactive participants who won’t convert) ∙ Increased unit supply = better workability as gas on $beam ∙ A fresh chart for upcoming bull run (hi bottom) gov.meritcircle.io/t/migrating-mc…

@DarrenSRS Heated or unheated?

A 7.12ct unheated cushion-cut padparasha sapphire from Sri Lanka. Padparasha sapphires refer to sapphires with distinct orangey-pink colour hues. This stone is rife with inclusions, but size-wise and colour-wise, absolutely hits the spot. What do you think of this piece? 💎

@BillAckman @federalreserve The coco-bond and equity holders are responsible for their investment choice, period.

The @federalreserve should pause on Wednesday. We have had a number of major shocks to the system. Three US bank closures in a week wiping out equity and bond holders. The demise of Credit Suisse and the zeroing of its junior bondholders. Notably, bondholders bearing losses is a new phenomenon as they were protected in the GFC. @firstrepublic depositors that haven’t left already will not be comforted by today’s stock price performance. This banking crisis remains unresolved and higher rates won’t help. We don’t yet know where the losses are for investors in these institutions and what the contagion effects may be. Deposits have become unstable. What regional bank is going to commit meaningful capital to new construction or business loans in this context? The effect of the above is a meaningful tightening of financial conditions that has not yet been visible in light of the rapidly unfolding events of the last two weeks. Inflation is still a problem and the Fed needs to continue to show resolve. Powell can do this by pausing and making very clear that this is a temporary pause so that the impact of recent events can be assessed. He can make clear that his intent is to resume raising rates at the next meeting unless the banking crisis remains unresolved, and has on its own sufficiently slowed the economy. I continue to believe that the best course of action is a temporary @FDICgov deposit guarantee until an updated insurance regime is introduced, for if bank number five is closed, the market’s attention will move to banks six, seven and eight. Unfortunately, the data on every banks assets, liabilities and deposits are publicly available and the stock market has been a perfect indicator of who comes next. This is not an environment into which the @federalreserve should be raising rates and adding additional pressure on the system as financial stability is the Fed’s first responsibility.

@DarrenSRS Share the thoughts and considerations going into the creation is a powerful connecting tool. Be authentic.

Being able to tell a good story behind your artwork can add a huge amount of interest and value to potential collectors. Do not underestimate this point.

Idealistic people who have moralistic notions about how people should behave without understanding how people really do behave do more harm than good. #principleoftheday (1/5)

@elonmusk Not surprising for a country like that

Twice as many people died in Japan last year as were born. Population freefall. Rest of the world is trending to follow. amp.cnn.com/cnn/2023/03/01…

@PersimmonIO What is the last book you finished reading? Reading interest differs, some like current affairs, some don’t. Rarely people are able to peel through current affairs to “see” the macro forces that shape the world.

@ASvanevik So much carb

gm

@ericzhu Why?

The best part about the FTX bankruptcy is that my account balance was actually negative $157,000 thanks to leveraged trades. Now I don't have to pay that back.

@john_j_brown @cryptoquant_com Ok. How much is the total liability? Reserves held in ETH and BTC doesn’t mean much when considering stability nor solvency, is that right?

The ratio of reserves held in BTC & ETH differs strongly per exchange. (Data from @cryptoquant_com)

@elonmusk Time to clean up accounts who are paid to shill but without disclosure to normie

Coverage of FTX meltdown is incomparably faster *and* better quality on Twitter than old-school media

@WifeyAlpha Wen sir

@jimcramer @POMP Is it semi true

Love @Pomp but he put me in Blockfi

@SBF_FTX Wow, you ran FTX? Find buyers for these assets and tell us how much you can fetch.

17) I know you've all seen this, but here's where things stand today, roughly speaking. [LOTS OF CAVEATS, ETC.] Liquid: -$8b Semi: +$5.5b Illiquid: +$3.5b And yeah, maybe that $9b illiquid M2M isn't worth $9b (+$1b net). OTOH--a month ago it was worth $18b; +$10b net. ---

1) What

@ASvanevik @circle @Uniswap Is it a sensible move?

If @circle allowed people to swap directly from fiat to tokens via @Uniswap, 50% of the need for CEXs would be gone.

@sandeepvbelure @LTTG10 @ASvanevik @circle @Uniswap Then use your bank instead

@LTTG10 @ASvanevik @circle @Uniswap You are right. The whole point of De-Fi is no KYC. Otherwise I'll use my bank 🏦 thanks!

Oh wait, isn’t this crypto?

@WifeyAlpha Wen Sir? NOW?