Mark Jeffrey Profile picture
May 2 6 tweets 3 min read
Reading -- The Doom Loop by billionaire BitMEX founder Arthur Hayes:

entrepreneurshandbook.co/the-doom-loop-…
The TL;DR version is here:

benzinga.com/markets/crypto…
Europe central banks are already propping up weaker southern states.

They MUST print money: no choice. And getting off Russian gas accelerates things - we get 10 yrs of bleed compressed into now.

The Empire has already fallen, can't be stopped. #Bitcoin is The Foundation.
Of course, I suspect that the WEF has it's own competing 'Foundation' that it will wheel out if the doom loop kicks in hard enough.

Probably something highly centralized, with programmable CBDC's.
Huh. Kind of like the Roosh situation on #Fantom right now ...

Looks like the same situation -- a mass liquidation event -- just scaled up.
... And the answer to China's 'worldwide Roosh situation'?

Seek a "4-pool" to exit to, something to cushion the exit's impact.

There are not many things that qualify ... #Bitcoin is one of them, and probably the most realistic option.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Mark Jeffrey

Mark Jeffrey Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @markjeffrey

Jan 1
Watching @joerogan interview Dr. Robert Malone, inventor of mRNA vaccines, recently banned from Twitter.

We can't "trust to the science" when we can't listen to one of the world's top scientists and experts on this exact topic.

The trust evaporates.

open.spotify.com/episode/3SCsue…
One of the claims Dr. Malone makes is that Uttar Pradesh in India -- an area with population equivalant to that of the United States -- has crushed the virus -- and they are oddly not revealing how they did it.

The chart seems to support this. Image
Having been to India several times, my first thought when all this began was that India was in a ton of trouble -- the sheer density of human per square inch is hard to convey to someone who has never been there.

And India has fared FAR better than I would have guessed.
Read 4 tweets
Jan 1
Results for the year chart:

The big chain winner in 2021 was #Fantom $FTM -- not #Solana or #Avalanche or $MATIC -- despite all the hype.

Fantom is *still* massively undervalued in terms of TVL and transactions and projects and market cap compared to it's peers. Image
Wow ... #fantom had a big $1B jump in TVL over the last few days. Image
And #fantom flippened Polygon and TRON TVL and is now creeping up on #solana Image
Read 4 tweets
Dec 29, 2021
1/ 2021 was a fantastic year for crypto gains.

I did very well with early bets on 'brainy' DeFi coins ($YFI, $SPELL, $ICE, etc.) ... but when I zoomed out, I noticed something:

Dopey meme coins like $SHIB *far* outstripped everything I had meticulously studied and invested in. Image
2/ Why?

Because most people don't understand the intracacies of bonding curves and smart contracts.

But everybody understands a dog and a coin.

It's the same reason NFT's are taking off: everyone gets collecting stuff. Nothing is complex.
3/ So -- I started the Antiportfolio Against Myself in the summer.

The thesis was: Invest in things I would never invest in.

So far, THAT has done very well.
Read 11 tweets
Sep 15, 2021
1/ We have two things that happened in parallel this week.

Time for a 🧵? How did you know :)

First: Cathie Wood says that banks like JP Morgan are already being 'hollowed out' by DeFi.

2/ This is kind of amazing that JP Morgan would already be feeling the heat from things with goofy names like CAKE and BEEFY and SUSHI ...

But there is no doubt.

The yields in DeFi are incredible and solid. The yields in bank-world are near zero or negative.
3/ Cathie also says that the uptick in regulator activity -- i.e. Gensler & SEC investigating Uniswap and Coinbase -- is a DIRECT result of this pressure on the banks ... and the banks -- JP Morgan, etc. -- are, in turn, pushing Gensler to kill this thing in the crib.
Read 9 tweets
Sep 3, 2021
SEC is investigating @Uniswap.

Uniswap is everything good about America -- tech leadership, innovation, MASSIVELY successful, produces massive revenue.

Everyone is HAPPY with Uniswap. There are NO COMPLAINTS.

So the SEC is NOT protecting US. They're protecting someone else.
Uniswap is also backed by @a16z and other big boys, they are about a legit as anything can be -- so I'm hopeful these 'big allies' can make help protect something which VERY CLEARLY should NOT be under attack.
The SEC will attempt to make the argument that Uniswap is facilitating the trade of tokens which 'may be securities'.

And yet, the SEC refuses to very clearly define what specifically makes a token a security, so no one can every know whether they are compliant.
Read 7 tweets
Jan 17, 2021
1/ OKay, been studying up on the new Iron Bank from @CreamdotFinance.

Basic idea is that Cream has a ton of extra coin on hand, it would be great to lend it without requiring collateral.

How to do that?
2/ Answer: Lend to other highly trusted companies / protocols ONLY. B2B lending, effectively.

In the beginning: Lend only to YFi Vaults and Alpha Homera.
3/ @KyleSamani points out something VERY interesting about doing this in crypto:

The loan can ONLY be used for a specific purpose -- because smart contracts. There is simply NO WAY around this.

This allows the trust factor to go way up.
Read 11 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(