R. Waterhouse

Inspired by a fictional character. Cryptography, sound money, books, gaming.

[R. Waterhouse @RL_Waterhouse]

@ErikFossing Look, you can make fun of crypto all you want @ErikFossing. But you still don‘t get it.. FTX represented everything that’s wrong with the current system - centralized parties that are too big to fail. This wouldn’t have happened on decentralized rails. JP Morgan gets it though..

[Alex Krüger @krugermacro]

Disgraceful reporting by the @nytimes on FTX. It portrays SBF as a charitable entrepreneur who went under and does not mention the words fraud, criminal, substance abuse, friends & family Bahamas KYC racket, hack, stolen funds or wiped servers anywhere.

https://t.co/rBJ7O0L4sV

[Luke Gromen @LukeGromen]

Gold is the true "TradFi."

I expect we will see more on this by the time this global sovereign debt bubble is completely deflated.

[R. Waterhouse @RL_Waterhouse]

@Travis_Kling So sorry man

[ALYSE @AlyseKilleen]

to be clear

The FTX blowup showcases failures of centralized crypto exchange AND DeFi and capital allocation (VC participation) in crypto.

[Raoul Pal @RaoulGMI]

Macro Views:

As Ive talked a lot about, I think we are going into a pretty nasty recession (or are in one). Lay offs are coming as are house price falls. Demand destruction is everywhere due to the largest monetary tightening in history. 1/

[R. Waterhouse @RL_Waterhouse]

The only parallel universe is the one you live in Mr @ErikFossing 😂

(Gentle reminder - BTC was the best performing asset of the past decade.. your silly framing won’t change that)

[Erik Fossing Nielsen 🇪🇺 🇺🇦 @ErikFossing]

How’s it going out there in the parallel universe these days?

[Lyn Alden @LynAldenContact]

The way that we've kept debt-to-GDP from climbing after the 2008 fiasco was by holding interest rates below the rate of CPI growth; aka ongoing currency devaluation.

[Luke Gromen @LukeGromen]

US debt & deficit levels means the Fed no longer has a dial, it has a switch with just two settings: “US economy on” & “US economy off”.

Any time the Fed doesn’t buy “enough” USTs, they move the switch to “US economy off.”

[Michelle Fradin @michelle_fradin]

Crypto founders: if you’re staring at a lot of red right now and wondering what to do about it, here are some thoughts from Sequoia's 50 years of experience, adapted for crypto 👇

[Huddle of Fud @HuddleOfFUD]

The @BoredApeYC recently surpassed 6k unique owners which is impressive. Out of curiosity, I took a look at unique ownership of 22 blue-chip PFPs and their floor prices.
TL;DR, ownership distribution is not necessarily a guarantor of success or higher floors.

A little thread
👇

[FTLS @FTLSNFT]

Secret Agent Men (SAM) will feature many special 1of1 artwork Easter eggs in the huge collection. We had to make 20k random SAM to cover all 10k minted + another 10k possible from burning Fatales. But many of these rare 1of1s will never see the light of day perhaps. You decide!❤️

[GuildOfGuardians @GuildOfGuardian]

Meet KANREH... The Grassland Protector... ⻀

[Robert Leshner @rleshner]

College majors, 2030:

Crypto-economics
NFT Art History
Protocol Political Science
Memeology

[Pudgy Penguins @pudgypenguins]

Pudgy Penguins featured on Bloomberg today. https://t.co/jM6573EuDw

[R. Waterhouse @RL_Waterhouse]

@SimonGollier @ErikFossing Hate to burst your bubble but what you’re referring to as regrettable here is in no way an exception. Lots of talent is leaving tradfi for crypto. Forever. And by all means Simon, don’t listen to @ErikFossing when it comes to crypto. That guy is a total dinosaur and has no clue.

[R. Waterhouse @RL_Waterhouse]

@GodsUnchained @PodsUnchained The thing is that even if the @GodsUnchained team hadn’t underdelivered and overpromised on pretty much everything (world tournament 2 years late and counting, etherbots delay, forge delay, raffle, mobile - to name just a few), the 3% would still be Scrooge-like. No appreciation.

[R. Waterhouse @RL_Waterhouse]

@GodsUnchained Not sure about that anymore @GodsUnchained, especially after I learned from @PodsUnchained that the planned $GODS allocation to early players and long-term supporters will be only 3%. That‘s pretty disappointing!

[R. Waterhouse @RL_Waterhouse]

@JeffvtravelNP Nice!

[R. Waterhouse @RL_Waterhouse]

The world‘s largest custodian will custody #bitcoin

https://t.co/qf7VDg27Hq