Gov regulates food; population is grossly unhealthy
Gov regulates healthcare; costs skyrocket
Gov regulates drugs; fentanyl epidemic
Gov regulates money; runaway debt and high inflation
Let’s have them regulate AI so we can truly fuck ourselves
Goldman Sachs is no longer expecting a FED rate hike in March.
“In light of recent stress in the bankng system, we no longer expect the FOMC to deliver a rate hike at its March 22 meeting with considerable uncertainty about the path beyond March."
👀
Your bank runs on stablecoins.
WellsFargo USD
JPM USD
SVB USD
They’re all stablecoins.
Which is next to fall?
They’re showing us that money is the bank is less safe than crypto native assets.
People holding ETH and BTC are sleeping like babies.
I worked in bank liquidity and treasury for the better part of the last decade, and there is one very interesting risk factor from the SVB collapse that I do not think we have ever witnessed before in modern finance, a 🧵:
Great insight from a senior partner yesterday:
In the short term, it’s difficult for clients to distinguish between a good work product and a great one.
What they do notice: how you communicate with them. This makes “a greater difference than most realize”
I spent the last 5 days trying to exploit Dookey Dash from @BoredApeYC.
It took many attempts, but I finally did it.
Here's video proof of me going through every obstacle type and still registering a valid run on their system (more info in the thread):
Time Spent With Coworkers
Steady during the prime working years from age 20-60.
Key Lessons:
• You'll spend a lot of time at work.
• Who you choose to work with is one of the most important decisions you'll make.
Find work—and coworkers—that create energy in your life.
I was on the trading floor at Lehman when we went bankrupt. Some reflections and lessons learned as we digest the FTX insolvency. The similarities are eerily similar.🧵