Felipe Dussán Zuluaga

Economista | Opita | #rstats

Ecosia - Make the switch:

[. @BlockLayerCast]

Selling crypto to cover expenses hurts: you trigger taxes and lose exposure.

DeFi borrowing fixes both. Instead of selling your ETH, lock it as collateral, borrow USDC instantly onchain, spend like cash, and stay long — no taxable event in the U.S.

And now, do this directly through Coinbase👇

~~ Analysis by @punk4053 ~~

This is an integration I can happily recommend to my family and friends, as @coinbase is one of the most trusted and easy-to-navigate crypto exchanges, while @Morpho is one of the most proven and dependable DeFi lending protocols.

With this integration, you can now borrow against your ETH without leaving the comfort of the Coinbase app. Assuming you already have some ETH holdings on Coinbase, you just:

1. Click on your ETH balance to bring up your Ethereum dashboard.

2. Scroll down to the "Borrow" tab and press "Start."

3. Review the primer info—your Borrow up to amount (based on your ETH deposited to Coinbase), the Variable rate (the fluctuating interest Morpho will charge on your loan), and the Liquidation LTV (the "loan-to-value" point at which your underlying ETH could be liquidated for repayment)—and then press "Continue."

4. Input the amount of USDC you want to borrow, then click "Review loan."

5. Check that your loan details are satisfactory. When ready, press "Borrow now," then "Accept and continue." Your loan will be submitted, though it may take a minute or two to finalize in Coinbase's UI.

That's all it takes to get started!

If you open a loan, navigate to your Coinbase "Cash" tab and in the "Borrow" section you'll see a "Manage Loans" button. Go here for the "Repay" option to pay back the USDC you borrowed over time.

These ETH-backed loans have a flexible term, so you don't have to pay back specific amounts per a specific schedule. Just repay whenever in whatever amounts suit you, though keep a close eye on your loan health to avoid liquidation.

Also, keep in mind that USDC borrowed on Coinbase can't be used for buying crypto on Coinbase, so this particular avenue is meant for cashing out and spending.

As far as DeFi onramps go, this integration is about as simple and safe as it gets. If you or someone you know hasn't gotten around to borrowing against ETH yet, this is certainly a good place to start.

[Nebraskangooner @Nebraskangooner]

Winner gets the Strait of Hormuz

[Roberto Angulo @RobertoAnguloS]

Ojo a lo que dice Jorge Iván González; «El fracaso nacional es doble. Por un lado, la pobreza extrema se mantiene y, en el mediano plazo, no baja. Y, por el otro, no se dan pasos que efectivamente permitan reducir las brechas. Las diferencias continúan incrementándose.»

Lo que está detrás de este resultado es que los canales de resistribución para el total país son muy frágiles. Son las grandes ciudades las del efecto redistributivo y no se ve lo mismo en las zonas rurales.
https://t.co/2OpL42F0uG

[Andrew Jonelis @AndrewJonelis]

"economists*" who have "done the maths" vs economists who have done the math.

[Francisco Nunes @FranNunesEcon]

Peer-reviewed literature review on degrowth:

◼️Almost 90% of “studies” are opinions rather than analysis.

◼️Few of them use quantitative or qualitative data; even fewer use formal modelling.

◼️Most of them offer subjective policy advice without policy evaluation.

◼️Most “studies” focus on small, local cases without a clear implication for the whole economy.

Source: https://t.co/PseIO1XxQK

[Gurwinder @G_S_Bhogal]

A lot of people seem angry that Elon is now a trillionaire, so it’s worth reminding them that he didn’t achieve this by making anyone else poorer. Wealth isn't zero-sum. Paul Graham explained it well:
https://t.co/W97pq3FLYg

[Nostalgia @NostalgiaFolder]

Interviewer: “Do you have any management experience?”

Me:

[Juan Luis Jiménez @JuanLuis_JG]

Errores del sistema tributario español:

❌Aunque es progresivo (a mayor renta, más % impuestos), los más ricos pagan menos que cualquier otro contribuyente.

❌Entre 2022-23 aumentaron los impuestos para las rentas más bajas (quintil 1 y 2) y disminuyeron para las más altas.

[Mr @MrHuanc]

Es el momento perfecto para que los niños vuelvan a querer ser astronautas y no influencers.

[Alejandro Restrepo @Alejorestr]

Creer que "redistribuir la riqueza..." Acabará la pobreza, es como creer que promediar la nota del salón, acabará la ignorancia del que no estudia!!!

[José Caparroso @JoseCaparroso]

Un estudio del FMI con 100 años de datos en 17 países de América Latina demostró que cada vez que un gobierno capturó su banco central, llegó la inflación.

Cuando le devolvió independencia, la inflación cedió.

Quién no conoce su historia...
https://t.co/AsVTS5ZPo2

[Anup Malani @anup_malani]

Countries with more engineers grow faster. Countries with more lawyers grow slower. The cross-country data are striking. I'm a law professor, so make of that what you will.

[Virginio Gallardo @virginiog]

¿Por qué nos cuesta tanto cambiar de opinión?
El Sesgo de Confirmación hace que interpretes la realidad para reforzar lo que crees
Nuestro cerebro ignora lo que contradice lo que pensamos
El algoritmo no es el único que te encierra en una burbuja; tu mente también lo hace.

[Rajveer Shahi🇮🇳 @RajveerShahi70]

Japan and Germany were devastated during WW2

Their children didn’t become terrorists

Stop making excuses for terrorists.

[Bárbara Malda @BarbaraMalda]

«Mentir constantemente no tiene como objetivo hacer que la gente crea una mentira, sino garantizar que ya nadie crea en nada. Un pueblo que ya no puede distinguir entre la verdad y la mentira no puede distinguir entre el bien y el mal».

—Hannah Arendt

[F. A. Hayek Quotes @FAHayekSays]

Hayek: “The man who has learned a little science lacks the humility the real scientist gladly acquires.”

“The typical intellectual believes everything must be explainable, but a scientist knows that a great many things are not. A good scientist is essentially a humble person.”

[Garry Kasparov @Kasparov63]

Socialism is like polio, it comes back when people forget about the horrible damage it did last time.

[Juan Camilo Pardo N @JuanCamiloPardN]

El crecimiento económico debe ser la obsesión.

En Colombia, los períodos de alto crecimiento económico se acompañan por reducciones fuertes en pobreza. Según Fedesarrollo, entre el 2002 y el 2017, el crecimiento económico explicó el 70% de la reducción de la pobreza en el país

[UrbanPro @UrbanPro_co]

¡Hoy nuestro socio fundador @alfredobateman participó en el panel de @cepal_onu: “¿Qué deben hacer las regiones de Colombia en materia de desarrollo productivo para lograr un crecimiento alto y sostenido?”. 🧵 Les contamos los principales mensajes: