fried dankman

Mommy's bringing pizza home!

[Anthony Ramirez @apram89]

If you’re a bootstrapped startup (no vc funding etc) in the US that employs software engineers you should be VERY concerned by this IRS tax code change.

Engineering costs (including salaries) now are amortized over 5 years rather than in the year they occur.

No one seems aware of this.

TLDR- WTF

[DonAlt @DonAlt]

The worst thing to see on Twitter is bulls mocking bears while the market is slow bleeding

Screams desperation and usually doesn’t end well.

Hope this time is different

[ZachXBT @zachxbt]

It scorched anyone who bought it

*down 96.3%*

[Zack Voell @zackvoell]

Bitcoin's price needs to pump 106% in the 10 days (reaching $100,000) otherwise the Stock-to-Flow model's chief evangelist has said he'll admit the model failed.

[Lon6z @Lon6z]

HOW IT STARTED HOW ITS GOING

[Jayant Krishnamurthy @jayantkrish]

1/ NFTs are digital rolexes

They are luxury goods displayed to gain social status.

This fact explains the core phenomenology of the NFT market.

[fried dankman @DankmanFried]

@zhusu 2 months down only? Due for a relief bounce before a further downside

[fried dankman @DankmanFried]

@twobitidiot Which things catching your eye this am?

[fried dankman @DankmanFried]

@Myke81448368 @mdudas Those in the know cashing out before … lol

[fried dankman @DankmanFried]

@fomosaurus peak pain. bouncing for now. i think this team and Do are legit and in it for the long haul. decent odds that this was an incredible buying opp in a few months.

[fried dankman @DankmanFried]

@ConvexMonster @bitcoinpanda69 would also be cool

[fried dankman @DankmanFried]

@whale_alert Click the link. From huobi to huobi

[fried dankman @DankmanFried]

@ledgerstatus when is it time for $aave? good project. legit usecase. good founders. no rug. great prospects. the ultimate middle of the curve project

Absolutely demolished v $eth. soon bounce we plebs pray

[fried dankman @DankmanFried]

@MJL40772610 Yes IMO. But that’s assuming Eth doesn’t tank in USD and the market overall remains healthy. If Eth tanks, that probably means btc and the rest of the market tank with it

[julian @juliankoh]

YFI rn be like

[Nick @n2ckchong]

We're in the phase of the market where there's a lot of retail inbounds but not enough education about the Ethereum ecosystem and DeFi.

Next on deck: @MakerDAO, DeFi's "central bank" and the issuer of the DAI stablecoin. Arguably one of the most important dApps.

A 🧵

[Zhu Su @zhusu]

A dangerous inaccuracy to fall into, for societies, is to equate meritocracy with credentialism.

The older generation doesn't understand the difference, in part because they created those credentials molded after their own work. But they risk smothering all outlier potential.

[fried dankman @DankmanFried]

@brendan_dharma @DegenSpartan com bak pls