Eric

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Eric

Eric

@ericdss

Investing | Internet Web3 Metaverse

Singapore Katılım Eylül 2009
2.2K Takip Edilen770 Takipçiler
Essy
Essy@a8lers·
I can see Jude Bellingham and Musiala at young age. Guess the other player? Level: Hard
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Eric
Eric@ericdss·
@a8lers @grok who is the current football player with a kid photo first from the left?
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Coinbase Singapore 🛡️
Coinbase Singapore 🛡️@CoinbaseSG·
Let’s take flight to the next riddle! ✈️ Hint: It’s a speedy crypto layer. 5 winners will be chosen to win S$200 BTC and a Coinbase Merlion Pudgy! → Follow @CoinbaseSG @BaseinSG → RT + comment your guess 🔔 Open to existing Coinbase Singapore users. Giveaway ends 12/8/25.
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Eric
Eric@ericdss·
5,000 years of interest rates.
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Eric
Eric@ericdss·
An international view of the major central bankers and their interaction. bit.ly/3osEF7E
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Eric
Eric@ericdss·
View on the Fed with an especially deep profile on Jay Powell. bit.ly/45vfUIx
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Eric
Eric@ericdss·
Been catching up on some reading lately.. A fabulously woven tale of chip supply chains, industry players and historical perspective written by @crmiller1 bit.ly/3UDbJWc
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RYAN SΞAN ADAMS
RYAN SΞAN ADAMS@RyanSAdams·
Who can make the best counter argument to @balajis take that the dollar will hyperinflate to zero? We’re looking for our next guest.
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Balaji
Balaji@balajis·
Here are the remaining references, as Twitter has a limit on the number of links in one post. I am moving $2M into USDC for the bet. I will do it with Medlock and one other person, sufficient to prove the point. See my next tweet. Everyone else should just go buy Bitcoin, as it'll be much cheaper for you than locking one up for 90 days. Terms of the bet: ideally someone can set up a smart contract where BTC is worth >$1M in 90 days, then I win. If it's worth less than $1M in 90 days, then the counterparty gets the $1M in USD. HYPERBITCOINIZATION We have to define hyperinflation in BTC vs USD terms because all other fiat currencies can and will be inflated away. That is hyperbitcoinization. This is the moment that the world redenominates on Bitcoin as digital gold, returning to a model much like before the 20th century. What's going to happen is that individuals, then firms, then large funds will buy Bitcoin. Then sovereigns like El Salvador (@nayibbukele) and tiny crypto friendly countries. The big move will be when a US state like Florida or Texas, or a "normal" country like Estonia, Singapore, Saudi, Hungary, or UAE buys BItcoin. And when @narendramodi tells India's central bank to buy Bitcoin, even as a hedge, it's over. Why will it be so fast? Well, hyperinflation happens fast. We've seen digital pandemics (COVID), digital riots (BLM), and digital bank runs (SVB). Everything will happen very fast once people check what I'm saying and see that the Federal Reserve has lied about how much money there is in the banks. All dollar holders get destroyed. The thing is, people are still tuned to an analog world where things get gradually worse rather than all at once. But there isn't much forewarning for a digital event — it's 1 and then it's 0. Just like the bank runs, except this is the central bank. There are however two sources of forewarning. First is the chart of the long-term depreciation of USD vs BTC, from less than $1 USD per BTC to $25k USD per BTC. Much of the smart money has been voting against the dollar since the financial crisis. The end is a digital drop off a cliff, almost invisible on the chart — but highly visible in the world. This tweet is the second forewarning. It'll be ignored and mocked by people who still trust the US establishment, even after the last few years. Who can't imagine that the US banks and media could be lying to them to this extent. But they are. Just as they did in 2008, and over the last ten years. The digital devaluation of the dollar is coming and it's going to be intense. [9]: Patient on hikes Nov 3 2021: archive.is/thPOu [10]: Renominated Nov 22 2021: archive.is/NWb25 [11]: Yellen admits not a tech issue: #selection-2467.421-2467.502" target="_blank" rel="nofollow noopener">archive.is/8xzPO#selectio… [12]: FDIC admits rate rises rekt banks: #selection-2043.19-2047.150" target="_blank" rel="nofollow noopener">archive.is/yxd1u#selectio… [13]: Presidents don't like hikes: #selection-7099.213-7099.330" target="_blank" rel="nofollow noopener">archive.is/Aiayr#selectio… [14]: archive.is/ZM2YK
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Balaji
Balaji@balajis·
I will take that bet. You buy 1 BTC. I will send $1M USD. This is ~40:1 odds as 1 BTC is worth ~$26k. The term is 90 days. All we need is a mutually agreed custodian who will still be there to settle this in the event of digital dollar devaluation. If someone knows how to do this with a smart contract, we can do it on chain, so I can send USDC. If you won't do that, name a custodian. #BitSignal
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James Medlock@jdcmedlock

I'll bet anyone $1 million dollars that the US does not enter hyperinflation

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Santiago R Santos
Santiago R Santos@santiagoroel·
If you hold USDC do you: A) Swap to USD & withdraw to bank (are they solvent next week?) B) Swap to major (ETH/BTC) & take market risk C) Hold USDC Everyone in crypto is doing this calculation rn
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Eric
Eric@ericdss·
@saxena_puru Earnings estimates has not been adjusted lower though?
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Puru Saxena
Puru Saxena@saxena_puru·
The past year was a super tough environment for growth stocks (they had to deal with very rich multiples, high inflation and a rapid rally in long-term bond yields). All of these conditions have now reversed; multiples are compressed, inflation + bond yields seem to be peaking.
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Fred Liu
Fred Liu@HaydenCapital·
I'm back. Missed this city the last 2 years... 🇸🇬
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Eric
Eric@ericdss·
@marcelolima I’ve read somewhere today that Shopify recognises the issue and is terminating 3PL to do it themselves at some places.
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Marcelo P. Lima
Marcelo P. Lima@MarceloLima·
This, in a nutshell, is the bear case on $SHOP in my view. If you know you need to get somewhere, you need to barrel towards the future, not pretend it doesn't exist.
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Eric
Eric@ericdss·
Long term investing and holding through ups and downs pays well later on
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Jay Kurahashi-Sofue 🔺
Who do you want to see speak at Avalanche Summit in Barcelona (March 22-27)?
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James Ho
James Ho@jamesjho_·
Since DeFi summer, decentralized exchanges have hovered ~5% of spot volumes. Any catalysts in CY22 to grow to >10%? E.g. - more activity on L1s with lower gas fees - scaling of Ethereum L2s (StarkNet, Arbitrum, etc) - KYC pools to onboard institutions Curious what else?
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