More from @iamkoshiek

Koshiek Karan

@iamkoshiek

22 May

There's a strong chance your future self will thank you for learning about DeFi & investing early in its applications

Traditional financial intermediaries have introduced so much friction, red tape & inefficiency - many existing processes are lethargic & just waiting for disruption

One criminal aspect about banks - the spread between borrowing & lending rates. Effectively using our money to make more money.

"Hey, please deposit your money at 5%, we're lending it out at 12%"

P2P lending adopting dynamically adjusted interest rates is the future.

Read 4 tweets

Koshiek Karan

@iamkoshiek

7 May

The suffocating hierarchy of corporates enabled by endless "promotions" & hollow titles has given many people a false sense of authority & control which mean absolutely nothing outside the office

"Director of young talent management" is fancy for "I read CVs"

... yet it's easy to get drunk with that tiny piece of power & have it replace your entire existence.

Your personality revolves around a title with little power outside of this small sphere.

We all know that person at the braai who INSISTS on telling you about their corporate grade, how many deals they worked on* & the execs they run shoulders with (the name-dropper)

Corporate brainwashing at it's finest

*Worked on = sat on a conference call & took notes

Read 10 tweets

Koshiek Karan

@iamkoshiek

6 May

good ebening

This is an episode of Black Mirror

Starting to think Gunnersaurus actually requested to leave this club

Read 5 tweets

Koshiek Karan

@iamkoshiek

6 May

Jessica Alba's company, Honest, rocketed 44% on it's IPO taking the value to $2.1bn. Honest makes diapers, baby wipes, mascara, vitamins, moisturizers.

Rihanna, Kylie Jenner, Beyoncé & Jessica Alba have carved out empires much bigger than entertainment.

Being a famous athlete/ actor/ media personality doesn't always have longevity. The problem is believing the same level of earnings will continue into perpetuity.

Then you rack up houses, cars & jewelry that trade at heavy discounts when you desperately need liquidity.

Being rich is great.
Staying rich is even better.

Read 7 tweets

Koshiek Karan

@iamkoshiek

5 May

Doge is a one night stand play

Make sure you stay protected, don't get emotionally invested & know when to pull out

There could be some more juice in the run up to Elon on SNL.

As a functional coin it's terrible. Unlimited supply, heavily concentrated holding across a few wallets, no practical adoption (yet).