If you have $50K , spending $20 will never hurt you, you dont have to think twice or feel bad about it, you can buy little dumb things once a day and never care
That’s what
$400 to someone worth $1M
$2,000 is to $5M
$4,000 is to $10M
$10,000 is to $25M
$20,000 is to $50M
Hate to be the bearer of bad news but if you weren’t buying triple leveraged semiconductor ETFs last year then you’re part of the permanent underclass at this point
"so you staked your ETH on the Ethereum blockchain to earn yield?"
"yes, Dave"
"except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?"
"that's correct, Dave"
"and Lido gave you a liquid staking receipt token called stETH in return?"
"yes, Dave"
"and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?"
"you are correct, Dave"
"and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?"
"you got it, Dave"
"and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry"
"you are 100% correct, dave"
jfc.
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Michael Saylor got cooked by Epstein’s publicist Peggy Siegel who basically said
“He’s so creepy I don’t even know if I can take his money I don’t even know how to blackmail him he has no personality and doesn’t understand social behavior.”
Michael Saylor was saved by his autism.
BASED. 😂 😂 😂
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