A Capy Named Ben

Exit Liquidity Podcast, @Alto_money Advisooor (posts are my own), Mech Engineer, Macro / Crypto / Defi Nerd

[A Capy Named Ben @ubenjammin2]

Boomers are gonna continue processing this for a decade…

Treasuries: rekt
Pensions: rekt
Social security: rekt
Retirement savings: rekt
Wages: ⬆️
Energy: ⬆️
Goods: ⬆️
Services: ⬆️

[FinancialJuice @financialjuice]

🔴 FED'S GOOLSBEE: I'M STILL TRYING TO PROCESS WHY LONG-END INTEREST RATES ARE INCREASING.

[A Capy Named Ben @ubenjammin2]

@noahseidman When dollar debt is high and oil prices are also high it siphons dollars away from reserves. Doesn’t necessarily mean it is a conscious decision on the part of reserve managers to move away from the dollar…

[A Capy Named Ben @ubenjammin2]

As the old adage goes… “When you owe the bank $100, that’s your problem. When you owe the bank $100 Million, that’s the bank’s problem.”

[MilliΞ @llamaonthebrink]

Pretty wild that KelpDAO and Layerzero are basically contributing less than most of the entities involved in the recovery even though they are responsible for the exploit

AaveDAO is pretty much hugging the lions share of the loss through treasury + credit facility

[A Capy Named Ben @ubenjammin2]

@rektdiomedes Agree sir 🤝 Can’t believe this was almost 5 years ago but still stands true…

[A Capy Named Ben @ubenjammin2]

Why are there so many people in Defi that fail to recognize that decentralization exists on a continuum? On the fully decentralized scale you have bitcoin which moves like a sloth. On the other end of the scale you have protocols where it’s just a single dev acting unilaterally.

[A Capy Named Ben @ubenjammin2]

Evergreen

[Polymarket @Polymarket]

BREAKING: Former Congressman Matt Gaetz reveals he was once briefed on alien "breeding programs" where captured aliens were breeding with humans to create a hybrid race.

[A Capy Named Ben @ubenjammin2]

@SantiagoAuFund @FinTwitAnons @Ross__Hendricks @capital_frozen I think the mistake people make is in thinking that the game being played is one in which politicians work to make their lives better. The plans make a lot more sense if you assume they make sense to achieve an end that is completely tangential to what would be good for you.

[A Capy Named Ben @ubenjammin2]

…and run it back turbo it has…

$MOVE bitch get out the way

[A Capy Named Ben @ubenjammin2]

$MOVE looking like it wants to run it back turbo. #MAKECOLLATERALSCARCITYGREATAGAIN

[A Capy Named Ben @ubenjammin2]

@rektdiomedes @kenodnb @beefyfinance Haha excellent company

[A Capy Named Ben @ubenjammin2]

If you want to protect kids maybe start by prosecuting some of the pedophiles in your Senate chambers? Or literally any one from Epstein’s emails? This is purely about surveillance and control and nothing more.

[Chuck Schumer @SenSchumer]

BREAKING: The Senate has unanimously passed COPPA 2.0 – the Children and Teen’s Online Privacy and Protection Act.

This bill EXPANDS the current law protecting our kids online to ensure companies cannot collect personal information from anyone under the age of 17. This is really important to protect kids online.

When I was Majority Leader, we passed this bill with bipartisan support as part of a package that passed 91-3. Sadly, House Republicans blocked it.

This is a very good day for Kids and their parents, as well, who can breathe a sigh of relief that some real protections for kids online is finally passing the Senate once again.

I’m glad the Senate has passed COPPA 2.0 again, and this time the House needs to finish the job and pass this bill swiftly and decisively.

[A Capy Named Ben @ubenjammin2]

Higher Nat Gas prices aren’t going to do good things for data center OpEx.

[A Capy Named Ben @ubenjammin2]

Need to put on my shocked face… 😮

[A Capy Named Ben @ubenjammin2]

2016 Companies: We didn’t want to make this product a worse experience for consumers but we had to for the environment 🤷‍♂️

2026 Companies: We didn’t want to fire all of you but …AI 🤷‍♂️

[A Capy Named Ben @ubenjammin2]

@MylesUdland Yeah, it seems to me that most of the firms cutting right now are the ones that needed a reason to cut anyway.

[A Capy Named Ben @ubenjammin2]

2016 Companies: We didn’t want to make this product a worse experience for consumers but we had to for the environment 🤷‍♂️

2026 Companies: We didn’t want to fire all of you but …AI 🤷‍♂️

[A Capy Named Ben @ubenjammin2]

@sawinyh @toly @LynAldenContact And it is only a matter of time before we get the “I didn’t exterminate those citizens the algorithm did” defense being tested in court…

[A Capy Named Ben @ubenjammin2]

CZ pulling one out of the Arthur Hayes Playbook

[doomer @doomerfied]

[ DOOMER ]

BINANCE $1B SAFU FUND BTC TWAP ACCIDENTALLY SET TO “SELL” INSTEAD OF “BUY”, EXPLAINING BITCOIN’S TUMBLE THIS WEEK: POST-MORTEM REPORT

[A Capy Named Ben @ubenjammin2]

Collateralized Cheese Obligations.

[Sweep @0xSweep]

This $200M bank is backed by Parmesan Cheese and is lending people money for cheese

In Northern Italy, Credito Emiliano treats cheese like gold

The bank currently holds 430,000 wheels of Parmesan worth about $200 million

Real Parmesan takes two to three years to get ready

This leaves farmers with millions of dollars in premature products they can’t sell, while still needing to pay for cows, bills, and workers

By using young cheese as security for a loan, farmers get cash immediately

The bank provides up to 80% of the value upfront so these businesses stay running

While the loan is active, the cheese stays in high tech vaults where experts look after it

If a farmer can't pay, the bank simply sells the aged cheese for a profit

[A Capy Named Ben @ubenjammin2]

@Seanismacro The amount it has gone down is miniscule (and it really depends how you measure it as to whether it has at all). They cannot “fix” the deficit without crashing the markets. They will never fix the deficit.

[A Capy Named Ben @ubenjammin2]

I stand by my statement. This is just oligarchs taking pot shots at each other. The only reason politicians cut spending is so they can spend it somewhere else to increase their own power. Deficit is up only.

[$ean is Macro 丰 @Seanismacro]

@ubenjammin2 See that's where your lense of partisan teams let's you down... there is only the 'deep state', which has partisans from both sides. The dismantling of USAID is a absolutely the dismantling of the deep state.

[A Capy Named Ben @ubenjammin2]

@dampedspring @LukeGromen They have a product Tether Gold which is a gold backed token meant to track the price of gold. Increased interest in gold means increased interest in Tether Gold.

[A Capy Named Ben @ubenjammin2]

@Seanismacro How’s that deficit coming?