Kevin

#Team42, support our friend @cvpayne and pick up a copy of his book for summer vaca reading season.

@PeterByardDavis @HelenClarkNZ I think that much of the local reporting in NZ lacks global context, or worse, borrows grievances from other countries and applies them here for narrative purposes

Economic Freedom Index. If you followed debates in the media you would believe that New Zealand was one of the most hidebound & restrictive societies, including and most importantly in its economy. And yet it ranks number 6 on economic freedom out of about 150 countries. Curious.

@Tradermayne I think BTC can run more over the next few days as ETFs start trading, but not up only forever. Correction soon, when people start to get comfortable that we're heading well above $50k. After correction, head to ATH etc

Seeing an split between traders I consider sharp. Run is just getting started, euphoria hasn't even hit yet. ETH pumping means we are close to the end of a rally and a major wipe out is coming. I've stated I'm in the 2nd camp, could be wrong ofc. Which are you in?

@42MacroAware Morning DD, interesting decision from my 'local' CB, the RBNZ, today. Dovishly surprising the market by clearly signalling today's rate increase was the last they intend to do, and that they intend to hold here for multiple months. In contrast to the RBA pause/resume last month

@42MacroAware But everyone on Twitter said that a pause must be swiftly followed by rate CUTS… How can this be?? 😄

@42MacroAware Thanks Darius, look forward to that in ATH. I feel like many people are seeing what they want to see? Desperate for the return of QE, and the resumption of up only markets. This sentiment is enough to cause a strong rally in BTC, but probably not sustainable...

@42MacroAware Thanks Darius, appreciate your replies and all of your hard work 🙏 Am trying to make the most of the opportunity to learn during this tumultuous time in markets

@ELGuapoTheH @42MacroAware I heard some say that assets classed as hold-to-maturity are not able to be hedged under accounting rules (as that is a contradiction). But itwas SVB’s decision to classify them that way in the first place to avoid their value being marked to market (masking losses)

@42MacroAware Was SVB prohibited from hedging interest rate risk?

@42MacroAware Darius, it seems like the US Govt has acted quickly and broadly to address this whole area of potential weakness in the banking system, even if more failures come to light. Therefore, Fed has their way clear to continue with QT and rate rises as they see fit. Do you agree?

@donalt Guten morgen duck

Good ducking morning my friends ❤️

@benjamincowen Patiently watching and waiting

Who is still here?

@MitchKlee_ @PrestonPysh I don’t understand why one needs to ‘decide’ between the two? Own some of both, according to your risk tolerance, and you will most likely do well in the coming few years.

@p_grieser @bitcoinpanda69 Bear dogs

@bitcoinpanda69 Bear dog

Y'all so lucky to have fooo as your mental health support animal this bear market

@GameofTrades_ I’m not sure that looking back only to 2018 provides enough context for the current conditions.

Put/Call ratio has reached its magic number 1.5 Historically, this has been a turning point for the #SP500

@FossGregfoss Fair enough. By the way, I’ve learned a lot from you since I started to get interested in this industry, so thank you 🤝

@RealMagnetBoy Not debating just stating facts. Thanks

#btc is not competing with #eth #btc has fixed supply #eth is a security with supply controlled by a centralized management team that is currently fraying at the edges.

@DaanCrypto @42macroDDale

Who are some solid TradFi Macro & FX people you like to follow on Twitter?

@PrestonPysh Why all the hate in the comments? She’s achieved a lot in her life, right? I guess people may be ill informed and make assumptions based on the WEF banner..?

Thanos attends the World Economic Forum.

@josephwang @Stimpyz1 From the second paragraph, we are “early on” in a new innovation cycle. Seems like positive language, and positive that the speech was even written and delivered at all - this all lends wider credibility to the sector

Brainard dunking on crypto "Contrary to claims that crypto-assets are a hedge to inflation or an uncorrelated asset class, crypto-assets have plummeted in value and have proven to be highly correlated with riskier equities and with risk appetite more generally" H/t @Stimpyz1

@aaronmcdnz Very obvious difference in the tone of comms that come out from Yuga vs Flufworld etc ecosystem. Flippant/dismissive/bare minimum comms vs real engagement and founder/dev involvement. Am fortunate to be part of both communities but will be sticking with @flufworld etc long term

As an APE holder This is very disingenuous. That's being kind. Firstly this isn't an ETH problem this is a contract and mechanism design problem. Even if it wasn't. APE was always going to do a L2. They could have waited but that sweet cash was calling.