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This rings alarm bells...

I was looking over some stuff from 6 months ago... When SBF said he had only less than 100K left to his name, he seemed to forget he still had hundreds of millions of $ still in owned real estate and more in other bank accounts. Hmm, it happens. He forgot about them... Looks like his parents...

I just reserved this tonight. My local library has ~20 of them on order, and already over 40 people on the reserve list!

What I couldn't possibly predict, was the level of stupidity by millennial investor/traders. After the fallout of FTX, and Terra, it was a no-brainer that people SHOULD learn their lessons and avoid shady shit. Tether should have no market-cap by now... But... no. The very same idiots who...

If more finTechs like PayPal continue to create stable-coins, it is possible we can get a softer implosion from the Tether bubble. It won't de-fuse it, and in fact, it may actually catalyze ground-zero. However, the more (legit) stablecoins going around, the lesser damage Tether will unleash...

On Friday I decided to take advantage of the little pull-back, (people didn't like the SEC postponing BTC ETFs). I don't think they will be able to hold back BlackRock forever. After doing some more research, and checking what's available for a good risk/reward, I decided to go with WULF. I...

History shows, all it takes is that one spark... that one institution for example, that realizes they can't carry out a large redemption (because the liquidity/cash/reserves) are not there. Then POOF... the run-on-Tether happens. It took sub-prime many years to bubble to that point... and...

No, it doesn't. If it was 'too' obvious, then why was the opportunity not arbitraged away? The statement makes little sense on its own. Are you sure... you are not just thinking so after-the-fact?

Due to some banter in another thread... I am trying to get through this book:

I've now read up to chapter #5. Nothing much good under the sun, though around #3 the author spends some time on the Tether fraud. For this he finally says something useful. But I'm not going to excuse the rest of the trash just for this. Especially since the info here regarding the criminal...

There are so many times I've heard that line in the past. The halving always wins out. You can plan for this-time-is-different, but everyone who's done so has regretted it terribly. It's possible the Fed will jack up rates to 20% in an attempt to finally crack core-inflation. Now that could...

Great, you really should have told Europeans then that they had nothing to worry about when it comes to gas/oil issues with Russia. :rolleyes:

If the cost of mining oil from Canadian oilsands doubles, I can ASSURE YOU (barring long-tailed risk) that the price of OIL in Canada is going to go significantly upwards. Unless you're going to tell us that laws of supply & demand have been a scam since inception.

I can't stop laughing when I see clickbaity titles like this. Gold plunges half a percent today due to global warming woes! Really??? People who invest in bonds maybe should stay out of commodities? And Christ, most bondholders should at least still remember the commodities shit-show of the...

So! I realized this morning that what I wrote was not fully correct. Apparently, I did not even make it through the boring chapter 1 last night. I fell asleep while trying to get through it! So here is how Chapter 1 really ends: The author talks about being depressed and alone during the...

Alright Ben, I finished reading through chapter 1 of your PoS book last night. Which, I really had to take with a grain of salt. I will say this, I've been constantly trying to examine bear cases for bluechip cryptos for a long, long time now, and despite I can't find good arguments, I still...

Why, in god's name... would a company that could easily meet an audit, be so hell-bent on doing everything possible to block/avoid/fire auditors? To what purpose?

What I want to know, is how was that too obvious?

Really? How so?