Discover and read the best of Twitter Threads about #GoldenAgeofFraud
Most recents (5)
My calculated vix (red) vs hyg(yellow,inverted) vs usdcad (light blue) vs the vix....
There is some serious math and currency games to keep vix low
There is some serious math and currency games to keep vix low
plopping on oil (white)
theres a correlation btw vix and price of oil
theres a correlation btw vix and price of oil
I’d like to make one thing abundantly clear, as I see a lot of political positioning going in the wake of crypto’s collapse 🧵
1) the crypto industry has tried to buy off both parties. SBF was a huge donor to Dems ($40 million), but his cohort at Alameda, Ryan Salame, gave $23 million to Repubs. They were playing both sides.
2) the crypto industry spent more money lobbying Congress last year and the first quarter of this year than big tech or the defense industry bloomberg.com/news/articles/…
Maybe a16z backed Adam Neumann's non-existent company called Flow to pump the token of the same name that it's also invested in. Synergy.
In May, Neumann's tokenized carbon credits company, Flowcarbon, raised a $70m round led by a16z (which got equity and tokens). Now a16z is putting $350m into another Neumann company called Flow that's supposed to monetize the 3,000 apartments Neumann owns.
techcrunch.com/2022/05/24/flo…
techcrunch.com/2022/05/24/flo…
(3) Meanwhile, back in NYC, er, Staten Island…
Podcast: Sam Bankman-Fried Described Yield Farming and Left @matt_levine Stunned | Please read this crypto luminary explain “yield farming”. He is literally describing a Ponzi scheme. There is no economic engine. #GoldenAgeOfFraud bloomberg.com/news/articles/…
(3) I’m beginning to think there may be a reason why all these crypto CEO’s reside offshore.
