wonk

𝚏𝚘𝚛𝚎𝚌𝚊𝚜𝚝𝚎𝚛 | 𝚌𝚑𝚊𝚛𝚝er | 𝓂𝑒𝓂𝑒𝓇

[Erik Voorhees @ErikVoorhees]

No, you don't get it.

He does not have $1 trillion sitting in cash, it is 99% stock in his companies.

To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined.

Okay, but now Elon has $100b in cash, and can "solve the world's problems".

$100b divided by the world's 8 billion people is $12

If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation.

But everyone on earth could have one nice meal and you could revel in your altruism.

[Tahax @Tahax1]

🚨 BREAKING: @DxSale just drained ~$7.3M from OG @BNBCHAIN LPs

DxSale ran the largest liquidity locker of 2021. Hundreds of millions sat inside it. Even $SAFEMOON was locked here

The team is now mixing the funds through what looks like @anyswapbot, and funds are now untraceable

[Ed_NL @Crypto_Ed_NL]

Apparently, many of you still don't know this but several (often smaller) exchanges offer big accounts a fake account to publicly trade with that accont, flexing big positions.

I could call out a few exchanges and traders but not here for drama. Just be suspicious.

[wonk @0xWonk]

@AlgodTrading

[wonk @0xWonk]

@0xjune_ NEET-sidelined? too bad

[wonk @0xWonk]

@gammichan @emi_305 other countries have similar AI capabilities, true, but that doesn’t mean they will get the same outcome & advancements from it

having the same tool doesnt mean getting the same results

[wonk @0xWonk]

@aadvark89 @LordOfMachines @Polymarket @PolymarketTrade yeah you would have to wait for the resolution date, in some cases it could be a pain in the ass

[wonk @0xWonk]

@aadvark89 @LordOfMachines @Polymarket @PolymarketTrade i could see them not allowing the merge just before TGE to push volume up, that might be a risk

[wonk @0xWonk]

@UnidentifiedDao glad to see that even after all these years UDAO keeps being one of the best free-groups out there

missing my days there already 🥲

[wonk @0xWonk]

@0xJezza no way

[David | www.usd.ai @0xZergs]

ignoring the bait title, we ourselves dont pitch as crypto to data center/ai clients

they just care about the product aka: how to make money

does a bank explain themselves as MBS issuance or just that they get you money to buy your home?

defi is fintech

[wonk @0xWonk]

@ariobtc @spacexbt @bubblemaps you know you can warn people about team bundling and also playing it right?

[wonk @0xWonk]

@spacexbt @bubblemaps they need to be way better if they want to hide from us onchain nerds

[wonk @0xWonk]

current state of the feed

[wonk @0xWonk]

crazy

crypto has been divinely protected so far

i hope it continues to be

[Hayden Adams 🦄 @haydenzadams]

@daranda It’s crazy

And ironic that ftx blowing up might have saved the industry

[wonk @0xWonk]

@0xdetweiler and if we are in a bear? 😳

[wonk @0xWonk]

@toptickcrypto I love the idea, count me in. Threw you a DM

[wonk @0xWonk]

@SilenceCapital i would advise less posts like this, for the sake of our industry

[Loma @LomahCrypto]

CEXs weren’t always this way.

There used to be a time where there was some ethically acceptable level of due diligence.

Now, every day you have something like TRB, COAI, MYX, AIA, GIGGLE, MMT, JELLY.

You don’t hate these people enough.

[tsubasa @0x8i11i0n]

Good advice from @raares

Seen so many newbs who should never have been touching leverage months ago posting pnls, where are they now? 😂 if you think you can win the house in gambling maybe u should just go into actual casino and play big stakes maybe u have better odds