SirappCrypto 🧪🐄⚛️🐄⚛️🐄🧪

542 posts

SirappCrypto 🧪🐄⚛️🐄⚛️🐄🧪 banner
SirappCrypto 🧪🐄⚛️🐄⚛️🐄🧪

SirappCrypto 🧪🐄⚛️🐄⚛️🐄🧪

@SirappC

Cosmonaut pleb. Farmer. Any day you're sowing seed is a good day.

Web 3.0 Katılım Haziran 2021
428 Takip Edilen7 Takipçiler
Jon Flynn | Real Estate Data & Analysis
This won’t be a popular observation but the Bitcoin bros sound a lot like the real estate agents did in 2021 and 2022.
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Steve Saretsky
Steve Saretsky@SteveSaretsky·
Holy shit. Canada’s fiscal position is deteriorating so quickly The Parliamentary Budget Officer ripped this dumbfounded Liberal MP.
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Adam Rossi
Adam Rossi@rossiadam·
Do we buy the American robot that is 4x more expensive but is made in the USA and with local support? Or do we buy the Chinese robot and save a bunch of money but total dice roll on support and longevity? This is the question. What do you all think?
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Adam Rossi
Adam Rossi@rossiadam·
Ok quick help me help my daughter win a stock picking contest. $500 to invest. Cannot buy partial shares. Total return by Dec 10 wins. What has the most upside in Q4? Go big or go home. What do we like?
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SirappCrypto 🧪🐄⚛️🐄⚛️🐄🧪
@JonFlynnREstats Good list. I'd replace at least one though and it should be top of list. Gooberment. Terrible policies. Immigration for one. Two, Canada is the 2nd largest country by land mass, it's not just a housing issues. It's a land issue. Builders got gooberment in their pockets.
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Jon Flynn | Real Estate Data & Analysis
Top 5 reasons for our housing bubble IMO: 1. Ultra Low Interest Rates 2. Greed 3. Social Media Amplification 4. Money Printing 5. Mortgage Fraud
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Adam Rossi
Adam Rossi@rossiadam·
LIQUIDITY. It is becoming more and more important to me. I am seeing WAY too many people tie up their money in deals that lack liquidity. They are locking up their money for a decade or more. I know people that "made it" with a big exit and are now worried on a DAILY basis because they have a high net worth on paper but can't come up with the money they need for normal purchases, or to pay taxes. One of my friends locked all of his money up in very illiquid real estate (an island property) and says he often wakes up and throws up into a trash can due to stress. From most liquid to least liquid assets we have: • cash and bank deposits • money market and t-bills • crypto • public stocks and etfs • bonds • precious metals • collectables, jewelry, vehicles, etc. • hedge funds, funds-of-funds • real estate • private credit, direct lending funds • private equity • operating businesses • intellectual property The way this is supposed to work is that as you go down the list and get less liquid, you should be earning a higher rate of return to compensate for the lack of liquidity (called the "illiquidity premium"). Many "private deals" (private equity, private debt) were advertised as being 10 year funds that would aim for liquidity in year 5 or 7. That was happening during the era of zero interest rates (ZIRP). PE was kicking ass. Money was dirt cheap, operators could buy a business and strip out expenses, pile on some debt, roll them up, and exit them to the next larger PE fund or take them public. Great returns and good-enough liquidity. Those days are over. Interest rates are up, and the PE playbook is much harder to execute. Deals are regularly getting extended past the ten year mark (did you read the fine print on the option years?). Many limited partners who are in a cash crunch are now doing secondary deals where they sell their interest at 40% valuation just to get the cash they need to pay their bills. And that is if they are lucky. If they can find ANY buyer for their private interest. Its not just PE deals. Its the money you loan your cousin for his restaurant. Its the AirBnB you invest in. Its the angel investment you make in a startup. Its the HVAC business you acquired with the intention of improving operations and marketing and then flipping. Not only are many of these deals locking up your money for an indeterminate amount of time, but the returns are often nowhere CLOSE to compensating you for the illiquidity premium. There is another factor here beyond the liquidity and return parameters. It is the STRESS FACTOR. You worked so hard for this money, and now its locked up and you have an unexpected expense. If the thought of locking your money up for a decade with little visibility into its performance causes you stress, learn this simple trick: Say "no". Or, if appropriate, say "FUCK NO!".
Adam Rossi tweet media
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Alex
Alex@Alex47964382·
@LeighStewy Too many Indians, I don't think they are tourist but illegal immigrants that got in using a loop hole.
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BTC Sessions 😎
BTC Sessions 😎@BTCsessions·
On Fox News @kevinolearytv gave HORRIBLE advice regarding Bitcoin custody - advising people to entrust their wealth to a centralized exchange. DO NOT DO THIS. Remember this guy went to bat for FTX... and we saw how that panned out. Check out the thread to see how to be better.
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BTC Sessions 😎
BTC Sessions 😎@BTCsessions·
The 10yr ETH/BTC chart perfectly demonstrates the fate of every coin priced in sats. The darling of crypto enthusiasts and supposed successor to "boomer tech" Bitcoin. World computer. Ultra sound money. Web 3. NFTs. If it can fail this badly, so will anything that replaces it.
BTC Sessions 😎 tweet media
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NFR Podcast
NFR Podcast@nfr_podcast·
Tory Lanez says Chris Brown was the only celebrity who help paid for his lawyer fees, when his bank account got frozen. “Only real n***a that helped me was Chris Brown, that really my brother bruh.”
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Adam Rossi
Adam Rossi@rossiadam·
We have so much fun doing this 🤙
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stacksmashing
stacksmashing@ghidraninja·
Wow modern cars suck. A relay is not opening/closing reliably. The relay is epoxied into a PCB assembly. Replacement cost for the 5EUR (being generous here) relay is 400EUR because you can only buy the entire assembly.
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Kevin O'Leary aka Mr. Wonderful
Kevin O'Leary aka Mr. Wonderful@kevinolearytv·
The builders are building! @WonderFi is expanding their on-chain offering with a Layer-2 Blockchain and Wallet on ZKsync's Elastic Network, through their innovation arm #WonderFiLabs. I believe the future is on-chain & with this news WonderFi is well-positioned to continue scaling as a global crypto leader.
ZKsync@zksync

1/ 1.7M users, $2.1B in client assets under custody: @WonderFi, Canada’s largest regulated crypto platform, is launching a ZK Chain & wallet on ZKsync. Scaling on-chain finance with gasless transactions, an intuitive user experience, and seamless UX & institutional-grade security. TradFi meets Web3. A thread:

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