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I was a bit too early in shorting more PUTs on Coinbase (doh!). But I can wait a long time till expiry... I expect a lot other drama to hit us in cryptoworld before then. Alex Mashinsky trials will be over and sharding will be happening on Ethereum by the time my contracts expire.

Well technically, what do you mean by 'real money'? Money issued by the state? Then don't sea shells and wampum also count as real money? :sneaky:

I can not remember for sure if it was in Lewis' book on FTX, or the other one with a dedicated chapter on FTX. But I do remember SBF doing some talks with Tether, and mentioning how 'sketchy' and 'dodgy' as hell those guys were for a company that size. I think this should tell you all you need...

Interesting, I was just watching parts of Janet Yellen's emergency meeting with lawmakers today. Stablecoins of course came to the limelight. Even Congress knows "Tether is a Time Bomb waiting to go off'- 06:37 Their days are limited, one way or another.

And Tether also would never have a crooked CEO with a criminal history of fraud and other shenanigans, such as a massive fraud business that was stealing from Microsoft by selling counterfeit products. ;) The stupidity of people on this forum never ceases to amaze me. Tether would steal from...

Well, if you could time the powder keg well, those shorts will pay off family fortunes.

Terra-Luna, another money-making machine that never produced an audit. Then surprise, there was nothing really behind it. No one had cared to go check. Fun fact, that's just like Tether!

As I said, I'm sure the team at Tether has changed their old ways. Their past criminal histories should not taint them in any way. Actually, I have proof... here is their code of ethics to prove it:

Well, if you zoom in close enough, you could make the crash of '87 look like a soar. But... let's step back for a bit...

I wonder, does a ninja edit count as admitting? Because that's what they did. Then they got called out on it.

Bullshit. We still have the Big 4 remaining, and now that oligopoly has even more control. EY is the Euro version of Andersen. Hence, we had to deal with the fallout of the Wirecard fraud, and the other bogus shit floating overseas.

If the original Big 6 were still around... it wouldn't put it past me to see Tether trying to get Arthur Andersen to handle their audits. That company was corrupt to the core when it came to bribes.

Anyone trading Canaan? The vol is extreme which has me leaning toward shorting PUTs. Tried to get some good fills this afternoon, but no one wanted to bite at my limits.

Planning to start this one on Sunday (maybe). This would be the first book by Banana Ben Bernanke that I've touched.

I've had the book Pit Bull in my library for a couple of years now or more. Debating on going through it for February, though I've got so many other titles to choose from and honestly, I'm trying to cut back on my reading time. For those who are familiar with Buzzy, would you rate him as a...

Nope. Stepping down fails in comparison to the criminal histories behind them. Most CEOs step down in the S&P 500s at some point, but how many of them have pre-existing criminal records? Giancarlo was the type of shyster that even had a criminal history of bootlegging Microsoft software to the...

I liked Tom Sosnoff's options book. The one he abandoned a while ago, but now had a co-worker at Tasty complete. Julia Spina did a pretty good job and I plan to re-read it again soon. The only book on Options I have re-read before was the James Cordier book (both of his). Though, that was due to...

Conspiracies & stereotypes are not given, they are earned :)

So people should wait until the US dollar is 'officially' in hyperinflation? And if so, you do realize the US government has a prior history to 'move the goalposts' in what defines inflation & recession right?

I have been loading out my crypto ETFs for years. Even after my brokers take their 50% cut, I still make more to offset the MER.