You all keep thinking CB's can actually control inflation by trying to suppress demand. Here is the problem right now. We are in a structural supply deficit across energy, metals, and ags. CB's cant fix this.
@TokenTax team🆘 @milesalex
Can I work w Support on how to rectify transaction items relating to Ether <>cross-chain token bridging where TokenTax platform's treatment currently leads to missing cost basis for these items?
Appreciate specific pointers we tried everything 🙏
the crazy thing about crypto is that almost all of the relevant information to have an edge is all 100% public
this is in stark contrast to investing in a lot of industries
all you need to do is seek the truth, understand it, and act on it
few do, many fail
If you’ve been fortunate enough to do well this year, consider joining me and @VitalikButerin by donating at the addresses below.
But if all you have is Twitter, help spread the word. For every RT, I’ll donate another $50 to fight COVID in India, up to $100k. #cryptovscovid
#marketupdate, breaking it down, post mortem.
We just saw the single largest 1-day drop in mining hash rate since Nov 2017. The hash rate on the network essentially halved, causing mayhem in BTC price as it crashed.
There is no connection between the stock market and reality.
A thread:
1. Airlines spent 96% of free cash flow on stock buybacks for a decade, then cut 90,000 jobs as soon as trouble hits. Then they got a $50 billion bailout
https://t.co/9vwa4TpaSn
"“It’s a higher cliff from which they are falling..
so the loss severity is going to be greater & the probability of default is going to be greater.”
Is CMBS a ticking 💣?
"The result: Many properties may have borrowed more than they could afford to pay back..making a CMBS crash both more likely and more damaging..."
https://t.co/fb0B1DSfDf
🤡🌎:
- Citadel received $200 million from taxpayers money in 2008 bailout.
- Bernanke, who granted the bailout, now works for Citadel.
- Citadel paid Yellen nearly $1 million “speaking fees”.
- Yellen now advices Biden on the GME situation where Citadel was losing on shorts.
12. Here is Robinhood acting in a way that benefits Griffin its other business partners.
We need to explore why they are doing this.
https://t.co/26pyBtj4ec
https://t.co/ISlZfsXKQ8
If anyone's interested in learning about #Bitcoin, I highly recommend this free, 24 course video lecture series brought to you by MIT.
The teacher is professor Gary Gensler - the incoming SEC Chairman. Enjoy.
https://t.co/xZmuGGuetW