Perturbed PM

self-aware hot mess by day;
crypto-cryptic enthusiast by night

[Perturbed PM @InvisibleStann]

@Cephii1 @ewarren This is a 'one of many' articles on the psychology of humans. We use and rely on hard guardrails (like regulations) to bypass our failings.

I view this as similar to why pilots in planes use checklists. Hard guardrails > humans solo.

https://t.co/srqnwXxiiu

[Perturbed PM @InvisibleStann]

@Cephii1 @ewarren "Regulation and control leads to short term safety for long term tail risks."

I feel like the exact opposite is true, because regulation and control are designed to avoid certain future risks. Human beings are notoriously bad at prediction, consistency, and true risk avoidance.

[Perturbed PM @InvisibleStann]

@Cephii1 @ewarren Bad take, Cephii. That means we definitely need advanced controls and oversight if the bank's role is to 'see the future' effectively.... and not just make up sh*t that feeds the profit machine internally.

[Perturbed PM @InvisibleStann]

@lurkaroundfind literally just use one of the existing ones like @TeamKujira have #usk

I don't understand why everyone wants to make a new thing and get surprised when it fails adoption and scale.

[Perturbed PM @InvisibleStann]

@Cephii1 Sorry, why is this desirable? How does geography matter to validation?
If you are using geography as a proxy for 'legal environment' (eg, to avoid a sudden law that shuts down many validators at once), that feels like a different convo.

[Perturbed PM @InvisibleStann]

@CJFunGuyy @NEACETWEETS K

[Perturbed PM @InvisibleStann]

@NEACETWEETS @CJFunGuyy If the chin goes over the bar, that's a rep! Respect on your kips from a cross fit entree.

[Perturbed PM @InvisibleStann]

@CryptoReng @otteroooo @BlockFi This is the correct take. Just looking at a PNL sheet in a vacuum and not accounting for GAAP is asking for incorrect reads.

[Perturbed PM @InvisibleStann]

@otteroooo @BlockFi This isn't correct, lender's like BlockFi have been regulated out. All current yields like this are "only until you remove the coin", so it's 100% lost profit (or 12% as you articulate it).

[Nick Almond @DrNickA]

This crypto cycle was even weirder than the ICO frenzy of 2017/18.

Here’s my pick of the most ridiculous moments of this cycle.

TL;DR We deserve everything we got. 👇

[Perturbed PM @InvisibleStann]

@BtTrey5 @Cryptographur @TheMoonMidas Great! You both have theories as to the motivations of people.

Now. How can you prove or disprove them through research? Have you met or spoken to any whales?

If not, I encourage you to find some to chat with, so to firm this from etheric opinion to material statement. :)

[Perturbed PM @InvisibleStann]

@lurkaroundfind Aye, looks like UST is just over now. I was able to do a couple swaps on and off chain via IBC, but there's no liquidity where I land. And now it looks like #secretNetwork ate my UST in a network failure.

[Perturbed PM @InvisibleStann]

@lurkaroundfind Things might be broken, post snap-shot. Getting a lot of errors on swaps.

[Perturbed PM @InvisibleStann]

@XiranJayZhao As a non-bookseller, how can I get my hands on these?!

[Perturbed PM @InvisibleStann]

@thecryptect @astroport_fi That's correct, those assets are governed by Stader and TLF, not astroport. The ASTRO you got from staking those is subject to this.

[Perturbed PM @InvisibleStann]

@lurkaroundfind Does this mean all aUST should be converted to UST for the snapshot?

[Perturbed PM @InvisibleStann]

@GGallicchio @terra_money @LFG_org @cz_binance @luna @stablekwon @VitalikButerin As said, all votes are on chain with unique wallets that have staked luna.

All your cited sources are 'off chain' and subject to botting, spam, non-unique votes.

This vote is a more accurate representation of overall sentiment than 'the public square towncriers'.

[Perturbed PM @InvisibleStann]

@GGallicchio @terra_money @LFG_org @cz_binance @luna @stablekwon @VitalikButerin Your question makes no sense, as it comes from 'real world' paper vote counting.

This is done through the Terra Station program. Votes are signed on the blockchain and are 100% verifiable as to the quantity and values.

There is no fraud here, unless you'd like to specify?

[Perturbed PM @InvisibleStann]

@thepandaguitar @ale_cande11 @stablechen @stablekwon @terra_money Literally debunked immediately. Voting is not per wallet, it's by staked Luna count.
-New wallets physically cannot stake Luna right now, it was disabled last week. They have no vote power.
-Even if they could, it'd be mathematically identical to the whale wallet voting once.

[Perturbed PM @InvisibleStann]

@FatManTerra @lookonchain Ps, are you the same FatMan that has been posting on the Governance threads? Cuz I've appreciated your writing, if so.