Recent submissions

Comment · 2 years ago
lol what this nonsense. tether's regarded as the safest bc their biz model is providing entities usdt for usd without offering interest on the cash.

now why would any entities want to deposit usd into a private bank and receive usdt without any yield on their cash? you think you understand tether so well maybe think about it for a few minutes

Comment · 2 years ago
payments is a meme for every bagholder coping about their cheap blockspace chain. literally every cycle cheap l1's come up

eth mainnet is lindy as the most secure settlement/data availability layer, other layers for execution settling back to mainnet or other da layers potentially solve settlement fee/l1 data writing rent issues

Comment · 3 years ago
the funniest part about FTX was how utterly awful it was. books were thin, and everyone knew alameda was hunting customers in the books, while listing perps for their farm and dump investments. really just a sham of an exchange/casino, so around average by crypto standards, but KOLs and mainstream comms praised them.
Comment · 3 years ago
Sequoia led their one of their rounds, everyone assumed sequoia did enough due diligence, everyone goes in and fills the round; it's assumed its a trustworthy platform for retail
Comment · 3 years ago
Instagram's CEO actually talks about this movement from public engagement to private groups, stories/dms in a podcast, https://www.youtube.com/watch?v=OHIsVfdqg74

Very noticeable trend as after the explosion of IG around 2017, a lot of convos went to from fb messenger to ig group/telegram/discord/signal and obviously whatsapp

Personally seeing posting to the main feed as being too extra, usually someone trying to sell something, instagram being too full of ads/irrelevant info or bait at the worst... which I guess you could say is the same for most of the big public websites

Comment · 3 years ago
wait until public pension funds realize they are financing the decay of rail conditions thru private equity investments
Comment · 3 years ago
now go further down this line of thinking... how those with status and money must view the world as nothing more than theatrics. airport security theatre being the most obvious

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