@Kasparov63 Besides gross incompetence what could be Musk's motivation in tearing down Twitter?
Is he so compromised by state actors (China that may repossess Giga Shanghai, or Saudi/Russia that control him financially through loans collateralized with TSLA stock or implied Kashoggi...
1/n@Kasparov63 Kashoggi treatment. That 1) He is breaking the internal controls and creating so much chaos that an enterprise hack can be implemented (why is access being limited this weekend), that strips all the user data and implements user tracking
2/n
Dec 4, 2021 • 13 tweets • 7 min read
The imminent default of #Evergrande and the hawkish tilt of #Fed is sparking a global risk off event. This has similarities to all 3 of the last major crashes; 97 (LTCM - leverage), 2000 (tech - overvaluation), and 2008 (real estate - highly rated assets defaulting) #QQQ 1/9
97 started with the currency crisis of Thailand, a small economically unimportant country but set off a chain of currency crisis and defaults in Indonesia, Malaysia, Brazil, Argentina & Russia. Culminating in the collapse of the massively over-leveraged LTCM #QQQ#BTC#SPY 2/9
Jun 19, 2021 • 13 tweets • 3 min read
The Destruction of Cryptocurrencies
The market in cryptocurrency is about to be rocked (down another 70%+ ). Here is my hypothesis:
To trade cryptocurrencies, you need to exchange fiat for digital coins, and to do it in size with liquidity it is a two-part transaction. 1/12
Fiat to stable coin, stable coin to token, and the reverse (token to stable coin to fiat) to cash back out.
That reverse transaction is the Achilles heel of the cryptocurrency world and why we are on the verge of an additional $1 trillion dollar wipe out. 2/12
