

PoW
2.2K posts

@PoWonly
individual retail investor, learning everyday



@ValueAddedRS I did it 🤣

Part 2 Private Credit - "Insurers $1.1 Trillion in PRIVATE CREDIT Raising Alarms" In this episode, Ankit breaks down the massive hidden player in the private credit saga that almost nobody is talking about: life insurance companies and annuity providers. CHAPTERS: 00:00 - Intro & Part 1 Recap 00:22 - Life Insurance & Annuity Providers 02:17 - The Scale: $1.8 Trillion in Private Credit 03:10 - CLO Exposure: $276 Billion & 82% of Market 04:32 - How the Risk Can Snowball Into a Credit Crisis 05:53 - Hidden Leverage: From 2-3x to 9-12x 09:23 - The Bermuda Triangle Strategy 10:17 - Warning Signs & What It Means for You Part 1 - youtube.com/watch?v=NeAQ5S… #privatecredit #privateequity




why I’m personally excited about Kaspa’s upcoming Toccata covenants - for the first time, I can build creative, complex apps directly over infrastructure I helped design and build - we designed under architectural constraints, but the result came out surprisingly expressive and powerful - Silverscript is cool as hell - I can literally open a *.sil file and write a complex contract that will be fully verified on Kaspa L1 - (nottoself: create a 10-minute video showing the building of such an app e2e) - I can design my own vaults and safeguards, and manage funds securely without risking a heart attack each time I touch a wallet - covenant ids, contract templates, and inter-covenant communication (ICC) feel like a new set of axioms, or a new algebra to work with and discover - sig verify from stack / sighash anyone-can-pay + covenant ids can allow interesting shared-state covenants (requires a non-consensus miner policy; kudos to @maxibitcat for pushing this line of thinking) - complex contract systems can be deployed in one spk hash. no storage rent, no deployment tax; users pay only the transient mass for tx data as they use it - as I’ve mentioned in the past, this becomes especially interesting for AI/agentic environments, where bots could cheaply create one-time agreements between themselves - I didn’t even mention based apps yet. That’s a whole vertical that isn’t ready for exploration yet, but will be very soon

JUST IN: Odds a major crypto hedge fund blows up this year surge to 86% today.

Yonatan calls $KAS a ghost chain He’s not wrong… Kaspa has yet to find its product-market fit Could this change after the Toccata HF?


@DesheShai assuming quantum threat is valid and there exists quantum computers accessible by nation states and large corps by 2030 capable of cracking ecc on the order of minutes, do you see any realistic migration path for Kaspa? Do you think muhash issue is solvable? Does kaspa's fast block time lend itself well as a natural defense against on-spend attacks (p2pkh is a viable pq sig scheme on kaspa where it is not on bitcoin)?