Jliax

@goodalexander Fake news, Hegseth did not buy lockheed or an ETF containing lockheed

Hegseth tried to insider trade this into the Iran war ppl underestimate how hard it is to make money in markets

@TradexWhisperer Because those earnings may not be sustainable in the long run?

$MU 8x Foward P/E $WDC 30x Forward P/E $AMD 46x Forward P/E $INTC 125x Forward P/E (Intraday) $INTC 155x Foward P/E (AfterHours) The market is calling all of them "cyclicals." Only one of them is about to be truly transformed.

@bubbleboi With quick gains like this I won't be surprised when you post 95% losses in the future too

Baby you know that I miss you, I wanna get with you, Tonight but I can’t and baby girl that’s the issue. Girl you know I miss you, I just wanna kiss you, But I can’t right now so baby kiss me through the phone…

@Jason @nytimes So if we're not playing by the rules anymore can we just steal stuff from Hasan Piker his house then?

Ok… so if microlooting is ok @nytimes, let’s rip the wordle archive and vibecode a free open source competitor! 😂😂😂

The rise of white supremacy was a media generated narrative. This is observable:

@PeterMcCormack @MichaelAArouet Rich people don't profit from inflation. Their assets move up with inflation but they keep their purchasing power. Actually it's worse for rich people since they now need to pay capital gains tax over inflation.

@MichaelAArouet Inflate the money supply. Inflate the price of everything. Rich get richer. Poor and middle class can’t keep up.

Top 1% pay 38% of US federal income tax, bottom 50% pay 3%, yet left populists keep screaming “tax the rich.” You know why? Because the left are unable to create anything that drives prosperity for all, and focus on stealing other people’s money instead. Prove me wrong.

@Treasury__Bonds Just wait till the bond matures in 2065 💀

$META currently has multiple bond offerings yielding over 6%! $META 6%+ bonds are backed by tens of billions in cash, low net debt, and robust FCF vs. interest expense. At what yield do these become a no‑brainer for income investors?

Soviet chandelier factories received production quotas measured in tons, not quality or function. Factory managers responded rationally to the incentive structure: they packed chandeliers with extra metal, concrete, and lead weights to hit their tonnage targets. The heavier the chandelier, the better their performance metrics looked to central planners in Moscow. Apartment dwellers across the USSR paid the price. Chandeliers weighing hundreds of pounds crashed through ceilings, destroying furniture and injuring families below. Reports from the 1970s and 1980s document dozens of ceiling collapses in Kiev, Leningrad, and Moscow as these industrial monstrosities proved too heavy for residential construction. Factory managers got their bonuses while citizens dodged falling light fixtures. The system worked exactly as designed. When you divorce production decisions from market prices and consumer preferences, you get perverse outcomes. Central planners measured success through crude metrics they could track from their desks, not through the satisfaction of end users. Factory managers optimized for the measurement system, not for making chandeliers that actually functioned as lighting. You see identical dynamics today wherever bureaucrats substitute their judgment for market mechanisms. Public school systems optimize for standardized test scores rather than education. Hospitals game Medicare reimbursement codes rather than focus on patient outcomes. Police departments chase arrest quotas rather than reducing crime. The Soviet chandelier problem lives on in every corner of the administrative state. The market solves the chandelier problem instantly through profit and loss. Customers refuse to buy chandeliers that destroy their homes, driving bad producers out of business and rewarding those who build functional products.

@Cernovich @MostlyPeaceful

At the 1959 Lushan Conference, Marshal Peng Dehuai quietly warned Mao that the Great Leap was killing people. Mao purged him as a rightist and doubled down on the madness. The next eight years of Peng's life were a nightmare of torture and imprisonment. Seized by Red Guards in December 1966, he was dragged back to Beijing, beaten in over 130 interrogation sessions, and paraded through public “struggle sessions” where his ribs were fractured and his spine damaged so badly he could no longer walk by 1973. Denied proper medical care as lung cancer spread to his brain, he endured constant pain, sleep deprivation, and degrading isolation in a military prison cell until he finally died in custody on November 29, 1974. The regime kept his passing a secret from his wife for another two years. In communism, not even the regime’s own heroes can speak truth without being destroyed.

@eurofounder @SpaceX @MartinShkreli @cursor_ai EU has got nothing to say about 2 American companies.

@SpaceX @MartinShkreli @cursor_ai We’ll see what the EU has to say about this. I doubt they will approve this deal

SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI. The combination of Cursor’s leading product and distribution to expert software engineers with SpaceX’s million H100 equivalent Colossus training supercomputer will allow us to build the world’s most useful models. Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together.

USDC and USDT on Aave are pinned at 100% utilization. Lenders can't withdraw. So why is the yield only 13.5%? Under the old model, a pool hitting 100% utilization would send supply APY to 40%, 60%, sometimes 80%+ within minutes. That's what everyone remembers from the 2022 USDT squeeze on Aave V2. Rate goes vertical. Borrowers get liquidated. Suppliers feast. That's not happening this time. Here's why. Aave rolled out something called the Slope2 Risk Oracle earlier this year. Instead of rates spiking instantly when utilization pins, the curve escalates GRADUALLY based on how long the pool stays stressed. A 1-hour spike barely moves the rate. A 24-hour spike moves it some. A 72-hour spike starts to hurt. The ceiling is also lower. Stablecoin slope2 now targets 10-12%. Used to be 22-35%. So instead of a panic rate explosion, you get a slow burn. Who wins from this design? Borrowers. Including the attacker still sitting on $236M in WETH debt, paying a fraction of what they'd be paying under the old curve. Who loses? Lenders. The "your pool is frozen but at least you're earning 40% APY" trade is dead. Now it's "your pool is frozen and you're earning 13.5%." This was meant to prevent deleveraging cascades during stress events. It's doing that. It's also suppressing the market signal that usually tells lenders to supply more liquidity and borrowers to repay fast. Every design choice is a tradeoff. This one just got tested live, with $200M of bad debt on the line.

We spend 66% of our money on social welfare and education. 8% goes to the military. 9% goes to paying interest on the debt incurred by funding the 66%.

@_choppingblock @tarunchitra I can't listen to a guy who looks like that

“i just worry personally that we end up with a system that’s like as inefficient as like the aml system” - @tarunchitra

No one defends billionaires, what's being defended is individual rights, the pursuit of happiness and the American dream, that are supposed to apply to everyone. What you're defending is inequality under the law and discrimination against success to justify theft envy and parasitism.

Thomas Sowell on the complicated history of slavery

Turns out that Zohran Mamdani’s rationale for opening a public grocery store is a bogus statistic nobody bothered to check

@IMineBlocks_com @duonine @CamiRusso @aave Every chain is isolated . This post is about the core eth chain

@duonine @CamiRusso @aave I just made withdrawal of USDC & USDT on ETH and BNB chains. No problems at all! Seems like a Fud post, which scared the life out of me!

🚨 I don't think people realize how bad things are at @aave right now. All core markets are at 100% utilization, that includes $3 bil in USDT and $2 bil in USDC stuck! That means you CAN'T WITHDRAW your money! A long post on why and how we ended up here. When the rsETH exploit happened and AAVE incurred bad debt, whales like Justin Sun, MEXC exchange, and others immediately withdrew billions from AAVE. This instantly drained all available liquidity in key core markets like ETH, USDT, USDC and so on. Those first to withdraw got out, laggers got trapped. Initially, the ETH market hit 100% utilization, meaning you could not withdraw your ETH from AAVE. Worse, this also means the protocol can't process ETH liquidations should ETH price fall/crash. If you can't sell any ETH, you can't liquidate to cover debt obligations. That means the risk of more bad debt incurred by AAVE is increasing the longer its markets remain stuck. Nevertheless, users can still sell at a minor loss the aETHwETH tokens on Uniswap or similar aggregators. That exit door is the last one remaining for ETH depositors on AAVE. The same cannot be said by depositors of USDT and USDC. They are stuck. That's because AAVE lost over $6 billion in liquidity in the past 24h. As whales took out their money, USDT and USDC also hit 100% utilization. These markets are now also stuck with money locked. Panic is spreading and desperate times call for desperate measures. Some users decided to borrow against USDT/USDC and exit via other markets at a 10-25% loss (90-75% LTV). Basically you borrow GHO/DAI/USDe against your locked USDT/C. But as more liquidity leaves AAVE, more markets get to 100% utilization and get locked/stuck due to low liquidity. This is quickly cascading across all available markets. Luckily the crypto market was rather flat today so liquidation risks were marginal, but if things change there are billions in stablecoins and other assets locked on AAVE that can't process liquidations = more bad debt for AAVE. If users or related protocols that are stuck need access to their money to prevent liquidations or other critical function, they have a huge problem on their hands. Plus, nobody wants to deposit (or provide liquidity) in these markets now since your ETH, BTC, USDC/T could be stuck there for who know how long. As soon as any available liquidity is made available, it is instantly taken out by bots fighting to get out. As I wrote this I saw 250k in liquidity on USDC vanish in seconds. Then there is the bad debt question. There's over $200 mil in bad debt incurred by AAVE via rsETH that's like a hot potato. Nobody knows who will eventually pay this bill. If you didn't remove your assets from AAVE, you risk receiving at least part of that bill in some form. Not having access to your money is part of that risk too. Contagion is also extremely high. Many protocols and apps rely on AAVE for their earn mechanics. These protocols and their users are stuck too and may be forced to incur bad debt with no fault of their own. October 10th was a CEX driven crash, this is a DeFi risk mitigation failure of epic proportions. AAVE should have never onboarded rsETH as a collateral asset, at least not to the size of hundreds of millions that allowed the hacker to walk away (i.e. borrow) over $200M in ETH after posting fake collateral. Rumors on X are saying rsETH was onboarded by AAVE due to a conflict of interest (lobbying) by a given service provider. If true, this is a major failure of its governance structure (nothing new). The folks at @KelpDAO who manage rsETH also have a tough decision to make on who will actually pay for the $200M exploit. AAVE users? L2 rsETH users? Everyone affected gets a haircut to account for the loss? The AAVE team and its founder, Stani, have been quiet for over 20h since the exploit after initially announcing the rsETH market freeze. They have a pretty big problem on their hands since the whole protocol is at risk right now. Trust is already lost as AAVE is bleeding billions in TVL to the level of hitting 100% utilization on all core markets. Maybe some key actors in the space will step in to provide liquidity to stabilize the markets on AAVE before this gets even worse. I got lucky to get out of AAVE early when I first saw this. I also removed all assets from DeFi and will not touch any protocol in the next few weeks. Too much risk for a few percentage points in yield. If you found this informative, like, share, and follow @duonine

@duonine Trump don't control BTC prices ... Also what's more important, Iran not having nukes or BTC price?

Trump and his friends scammed us again.

@bubbleboi As a regular US person the IRS treats a GPU as a non-deductible personal expense.... This applies even if you call it a "capital expenditure" or plan to depreciate it.

I am buying Nvidia GPUs and claiming they are a “capital expenditure” so I get a write off on my taxes. Then I can rent out the GPU’s compute by the hour to customers and get extra “carry” on the trade. Now for the best part? These GPUs will hold their value or slowly appreciate overtime meaning I will get my money back while lowering my tax bill. I don’t think many people know yet about this tax loophole so we have to run it up while we still can.