Morning Brew ☕️ Profile picture
Sep 13, 2021 10 tweets 3 min read Read on X
With the NFL season officially underway, we thought we'd do a little season preview...

a thread of Super Bowl contenders as cryptocurrencies
Kansas City Chiefs - Ethereum

The Chiefs didn't win the Super Bowl last year and ETH isn't the biggest crypto in the world, but these two are the future. They both perfectly marry power and potential.
Tampa Bay Buccaneers - Bitcoin

The defending champs led by the GOAT. Bitcoin and Brady may be a little old but they are far from washed. Who knows, maybe Brady IS Satoshi. We could see it.
LA Rams - Cardano

Have leaned on technological/tactical excellence to turn them into powerhouses. Right now the potential is there, but need to show results for people to pass more entrenched rivals.
San Francisco 49ers - Tether

Steady. Not super exciting to watch. Tether and the 49ers just go about their business with efficiency and don't generate the headlines of their flashier counterparts.
Buffalo Bills - Dogecoin

Generate more memes per capita than any other team or crypto. Even crazier—both have turned themselves into legit contenders after years of being one big joke.
Green Bay Packers - Litecoin

Everyone thought they were going to be really good, but after recent events, they look to be huge messes.
Cleveland Browns - Solona

Tons of hype, lots of talent, but no results to show for it yet. It could very well be their year but only time will tell.
Seattle Seahawks - Polkadot

A dual-threat that has the ability to compete in multiple ways with extreme efficiency.

The Polkadot blockchain or Russel Wilson?
New Orleans Saints - Cosmos

Bit of a wild card that no one is really sure what to do with. Could win the Super Bowl or implode.

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More from @MorningBrew

Sep 26
1/ OpenAI has been non-profit...until now.

The company is considering a shift to for-profit, with Sam Altman getting a 7% equity stake.

So why the change?

Let's get into it. Image
2/ OpenAI was founded as a non-profit.

When asked about his "real motivation" on the All-In Podcast a few months ago, Altman made it clear it wasn't equity he was after. Image
3/ But the tables have turned.

News broke this week that OpenAI is considering a serious restructure as a means of appealing to investors.
Read 12 tweets
Sep 5
1/ The US yield curve slope has been an indicator for most recessions since WWII.

Yesterday, the longest US yield curve inversion ever ended.

Let's get into what that means. Image
2/ An inverted yield curve (when short-term yields are higher than long-term yields) typically indicates a looming recession.

But you'll often see the yield curve disinvert just before a recession. Image
3/ Why?

As an economic slowdown becomes more plausible, investors start betting on Fed rate cuts.
Read 10 tweets
Aug 8
1/ So far, Team USA is leading with 103 medals at the Paris Olympics.

Yet some of the elite athletes bringing home gold, silver, and bronze in Paris went into the red just for the opportunity to be there.

Let's get into it. Image
2/ At this rate, Team USA may very well surpass the 113 medals won at the 2020 Tokyo Games.

Simone Biles became the most decorated Olympic gymnast, Katie Ledecky took home the most medals for a female Olympian, etc.
3/ But many enter the world stage without a guarantee of placing...and at what cost?

A Congressional report released in March showed that, of the 1,000 Olympic and Paralympic athletes surveyed, 26.5% have individual incomes under $15,000 per year. Image via the WSJ
Read 12 tweets
Aug 5
1/ It's absolute carnage out there right now.

Yen trade is unraveling. Bank of Japan is raising interest rates. Unemployment is up. Emergency rate cut? Brokerages going down left and right.

Let's get into it. Image
2/ The stock market crashed today with the Nasdaq 100 dropping almost 6%.

But the trouble started in Japan. Image
3/ In the early hours of the morning, Japan's Nikkei index turned red and finished the day down 12.4%, its biggest drop since October 1987.

It was partially in reaction to the Bank of Japan raising rates to 0.25% on Wednesday.
Read 12 tweets
Aug 2
1/ Americans spent $119.84 billion last year on sports betting.

But what was once a fun little way to raise the stakes with your favorite team has led to loan sharks and bankruptcy for many.

Let's get into it. Image
2/ In 2018, the US Supreme Court struck down a law that prohibited sports betting.

Since then, 38 states have legalized it and a portion of those state populations have gotten way in over their heads. Image
3/ UCLA and USC recently studied the financial consequences of legalized sports betting.

They uncovered some not-so-great findings.
Read 14 tweets
Jul 22
1/ Sam Altman gave low-income people $1,000/month for three years, no strings attached.

Now, the results of one of the largest guaranteed-basic-income studies are in.

Let's get into it. Image
2/ Back in 2019, 3,000 Texas and Illinois residents were enrolled in this guaranteed-basic-income study.

The experiment was funded by Sam Altman, who raised $60 million for the study ($14 million of which was his own money).
3/ All participants had incomes below $28,000.

1/3 got $1,000/month for three years while the remaining control group members got $50 per month.
Read 13 tweets

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