Hodlman Jacks

Pre-DeFi, for a white guy.

[Hodlman Jacks @HodlmanJacks]

@megynkelly Per usual, Putin gets everything he wants. Trump looks like a cuck.

[Joe Biden @JoeBiden]

I had some MAJOR ANNOUNCEMENTS the last couple of weeks, too…

✔️ Inflation’s easing
✔️ I just signed the Respect for Marriage Act
✔️ We brought Brittney Griner home
✔️ Gas prices are lower than a year ago
✔️ 10,000 new high-paying jobs in Arizona

[Hodlman Jacks @HodlmanJacks]

@CryptoKaleo Boss. Especially to a retail clerk. Who is quite obviously no one’s boss.

[6529 @punk6529]

12/ What are things we should have close to zero interest in right now?

❎ How this affects SBF's "philanthropic" efforts
❎ What SBF thinks of CeFi or crypto
❎ What SBF thinks of regulation
❎ "what went wrong"
❎ "was SBF about to raise fresh capital"

[capitolhunters @capitolhunters]

Trump should have taught us that an impulsive, insecure oligarch with dark secrets and poor judgment, who barely scraped through Wharton and talks too much with Russians, is a security risk. People with secrets can be used. 50/

[Sam Trabucco @AlamedaTrabucco]

2 years ago, Alameda maintained pretty strict delta neutrality most of the time, generally trying quite hard to make sure our PNL was from spreads and arbs. Today, not so much -- we got ... uh, really long in winter 2020, for instance. What changed?

A thread about super powers.

[Hodlman Jacks @HodlmanJacks]

@AlamedaTrabucco You can say that again

[Hodlman Jacks @HodlmanJacks]

@cryptocom Dude. If my points got wiped out by a crypto company I’d hire the Albanian mob to get vengeance.

[Nark @narknyc]

@SBF_FTX

[Hodlman Jacks @HodlmanJacks]

@StefGrantCEO @BooRadleyLegit Whelp. He almost gave away $10 Billion…

[IIIIIIIIIII @IlIlIIIlIIIlllI]

@AutismCapital JUST IN: SBF actually took this picture himself while on his daily morning swim just to fuck with y'all

[Hodlman Jacks @HodlmanJacks]

@tbr90 @sedCapital Opt in. Create liquidity for founders/employees/investors. No lockups or vesting.

[Hodlman Jacks @HodlmanJacks]

@sedCapital @tbr90 Could a spot price be derived from an agreed upon valuation based on an observable (or 3rd party audited) real-time KPI metric?

[Coin Bureau @coinbureau]

#Crypto was meant to be the antidote…

It was born out of the 2008 financial crisis - a crisis caused by reckless institutional leverage, illiquid assets and severe counterparty risk. A crisis that caused mass contagion and financial losses.

We have come full circle.

[Miles Deutscher @milesdeutscher]

14/ As @VinnyLingham pointed out today: In crypto, you're already taking on significant risk as it is. Why add leverage and further compound said risk?

I think in the case of 3AC it's clear: Greed.

[wassieloyer @wassielawyer]

9/ But the lack of transparency and accountability in crypto, especially when it comes to executive level decision-making (again - see @stablekwon, @terra_money and @LFG_org) means there is another risk - the risk that the insolvent company tries to trade out of insolvency.

[Hodlman Jacks @HodlmanJacks]

@punk6529 5% to Crypto. Can’t imagine more.

[Hodlman Jacks @HodlmanJacks]

@theworldofterra But what did her boyfriend say?

[Hodlman Jacks @HodlmanJacks]

@AlgodTrading In other words, Crypto should be regulated?

[CZ 🔶 BNB @cz_binance]

At the end of the day, we need to go back to fundamentals. Build real products, not reliant on short term incentives, or promotions, but with intrinsic value that people use.