single coin ETF / fund (ala grayscale 2% mgmt fee 🤮)
coin index ETF / fund (ala bitwise 2.5% exp ratio 🤮)

what's the next low hanging fruit for tardfi to financialize crypto to sell to normies and extract rent for doing fuckall?

im thinking ETH staking products, post-merge
Fidelity ETH Staking Fund A-ACC-USD wen
tardfi could either be lazy and subcon to staking service providers (reduce liability) and then still slap on a fee after that

or they could internalize the staking ops and charge "market staking rate" and enjoy a thiccer margin

might be the former, which morphs to the latter
once this happens, our ponzi gonna go gangbusters
tardfi bros gonna coom with post merge ETH POS ESG narrative, deflationary and scarce memes, the "defi" chain, lindy and gini enough, staking "risk-free rate" and their newfound cashcow to continue as new age digital middlemen for the selling, the custody, and the staking of ETH

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More from @DegenSpartan

23 Sep
first off, its psyops that it is desirable to get US higher education

second, why not ask whether these kids should be even be legally able to take on tens of thousands of student debt to fund some degree in art or gender studies or w/e

rather than asking them to save $5 a week
1. you do not need to go to college to get educated, we live in the fking internet age

but if you want to enter a specific profession that requires the papers, then by all means

2. financially illiterate people should not be allowed to make large financially related decisions
i never took a college course in blockchain or crypto, and neither have most of you, and yet we all pretty gucci imo
Read 4 tweets
21 Sep
its always dangerous farming out on the frontiers
returning the money soon i guess cos hes retarded Image
tbh im very confused whats going on here

the vee finance address tornado'ed in ETH, so what's this weirdo doing interacting with the hacker's address
Read 9 tweets
17 Sep
my idea of good crypto regulation is govts issuing citizens waiver forms

that discharge the govt of their duty to protect citizens from any crypto related losses (not feasible to enforce) or to look after them if they go bust, become homeless and become a burden to the nation
and thats why im not in the public sector
after you sign this waiver form

you get a crypto license

you are then whitelisted to using a designated regulated bank for fiat on and off ramps

end of every calendar, you're taxed 10% of the net off-ramp

(bank will withhold that balance as it comes in, til EOY)

that's it
Read 4 tweets
17 Sep
if only he didnt get found out and did things in a smarter way

then he could continue doing what he was doing and no one would be upset

there is nothing to fix, if no one knows anything is broken
we have a system that punishes discovered "bad behavior"

that does NOT mean that it discourages bad behavior

that just means it discourages the discovery of bad behavior
from my criminal kingpin sensei,

"if you want to do, don't get caught"
Read 4 tweets
16 Sep
bought an altcoin 3 days ago based on a thesis

never talked about it (and i still wont name it)
trying out a new policy where i avoid exposing my positions

had the time to validate my thesis today
it was completely wrong

sold off my position
oddly managed to book a nice profit
#1 if everyone is wrong together, you can still make money

#2 its harder to hold on to positions when you know your thesis wrong

#3 a positive outcome doesnt mean it was a good process, vice versa, a negative outcome doesnt mean it was a bad process
i *should* have tested my thesis first before i initiated my position

but sometimes time is of the essence, so i sized so i could "ape first, think later" without risk of ruin

and when i thought later, i realized i was wrong

still made money tho, this market is so broken lol
Read 4 tweets
15 Sep
wow someone actually checked the chain lol

nate legit stupid or
why the f would you tumble back to your main wallet

aspiring criminals, please take note
as morale spartan, i would say to avoid evil deeds

as realistic spartan, i would say that if you want to do, dont get caught
Read 7 tweets

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