“Like come on. They are here for crime.” Easy Money, out now. Wherever you buy books
Dec 1, 2022 • 6 tweets • 2 min read
ALAMEDA, TETHER, and the dirty little secret everyone in crypto knows 🧵
Tether makes the poker chips for the crypto casinos. Sam ran one of the biggest casinos. According to @Protos, he bought the most chips. $36.7 BILLION of them protos.com/tether-papers-…
Nov 16, 2022 • 5 tweets • 2 min read
I’d like to make one thing abundantly clear, as I see a lot of political positioning going in the wake of crypto’s collapse 🧵
1) the crypto industry has tried to buy off both parties. SBF was a huge donor to Dems ($40 million), but his cohort at Alameda, Ryan Salame, gave $23 million to Repubs. They were playing both sides.
Sep 22, 2022 • 9 tweets • 2 min read
CRYPTO ENDGAME/STABLECOIN WAR 🧵
Over the past 10 months crypto’s market cap has fallen by over 2/3. Some $2 trillion vanished, and by now it’s clear most crypto investors have lost money: pewresearch.org/fact-tank/2022…
Jun 12, 2022 • 10 tweets • 2 min read
Hey @jonfavs, so I listened to the episode. I have a number of criticisms. Here are a few:
Kevin and other crypto proponents fundamentally misunderstand what money is and what it does.
May 13, 2022 • 8 tweets • 1 min read
A few quick thoughts on the state of play in crypto at the moment 🧵
It wouldn’t surprise me to see even more volatility than usual (yes, it’s possible!) in the near term. Wild swings up and down.
May 12, 2022 • 11 tweets • 3 min read
Based on previous crypto crashes, like May 19th, 2021, this is what probably happens next 🧵
The exchanges shut down. They will provide an excuse for this. “Previously scheduled maintenance” is the usual justification.
