(I know because I fell for it) 1. Create an ad that looks good, and make sure you leave out some information.
Add some fake reviews - note how these two guests coincidentally stayed with 2/2 same hosts 🤔
Dec 16, 2022 • 6 tweets • 2 min read
Some people don’t understand why we charge money for @nansen_ai.
Quick thread on why we charge:
1. Contributors to Nansen should be paid.
Voluntary contributions can work for a while, but it’s not sustainable.
VC money can pay for a while, but also not sustainable.
Nov 19, 2022 • 6 tweets • 2 min read
2.5% of all ETH is sitting in the Grayscale Trust yet no-one can find it on-chain?
I’m pretty sure @nansen_ai has the most complete tracking of Coinbase holdings. (Not perfect!)
CB is the custodian of Grayscale.
I see 4.85m ETH in CB wallets.
Assume 3m ETH of this is Grayscale.
That leaves only 1.85m ETH for other CB customers; 1/3rd of what Binance holds.
I think real estate will have been a poor investment 20y+ from now.
Some reasons why:
1) Options
Our parents’ generation had one asset class to invest in: their home.
Coming generations will have a lot more options available to them. Stocks are much more available now, and crypto + metaverse assets will add tons of new assets.
So RE has a lot more competition.
Sep 11, 2021 • 6 tweets • 2 min read
🤔Why is the value of information so high in crypto?
It’s simple:
inefficient market + low tx costs
Compare crypto with two other markets:
🏡 real estate
📈 stocks
Aug 26, 2021 • 17 tweets • 5 min read
🧐Time for a random exploratory wallet investigation.
Stream of consciousness - no idea where it takes us.
Background - was looking at top Coinbase Commerce merchants and came across this highly active merchant at the top:
That volume suggests it's not an individual, so I'm happy to explore it in public.
Hour-of-day activity indicates Asia-based:
May 15, 2021 • 5 tweets • 1 min read
DeFi Summer Vol. 2 will be interesting, because you probably won’t make money on absolutely everything you ape into.
Also will be multi-chain, so it’ll be much harder to keep track of everything.
Feb 12, 2021 • 5 tweets • 1 min read
There’s simply no coin like YFI.
It’s the coin of coinnoisseurs.
Oct 18, 2019 • 19 tweets • 4 min read
Been working on a bankless Hong Kong Dollar, built on Ethereum: HKDai.
It's the first time I build a dapp end-to-end, so here's a thread with some thoughts + current status.
What is HKDai?
HKDai is a cryptocurrency which - similarly to the Hong Kong Dollar (HKD) - is soft-pegged to the US Dollar (USD) at a rate of 7.8 HKDai to 1 USD.
Jul 1, 2019 • 7 tweets • 3 min read
You can margin-trade DAI/USDC when the peg strays from $1, in case you're not aware!
Example using @compoundfinance : 1. You have $1,000 $USDC on Coinbase 2. Buy $DAI @ $0.99 (incl. fees) => You now have $1,010.10 DAI 3. Lock your DAI into @compoundfinance
(thread)
4. Receive $68.69 in yearly *supply* interests (current rate) 5. Borrow 50% of your supplied DAI in USDC, i.e. $505.05 6. Pay $63.79 in yearly *borrow* interests (again current rate)
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