🚨PSA🚨: as someone who strongly believes in and recommends #Bitcoin, I have a responsibility to offer some advice with everything that going on with crypto in general.
There are several exchanges and intermediaries that have been running fractional reserve banking using Bitcoin, shitcoins, leverage, shady loans and customer funds.
May 8, 2020 • 16 tweets • 5 min read
One of the most interesting little details of the Paul Tudor Jones letter no one is talking about is the co-author of the paper: Lorenzo Giorgianni. Details matter & this is why it's as important as the investment itself. So who is Lorenzo Giorgianni? Looking at his Linkedin:
"Prior to joining Tudor Investments in 2013, Lorenzo held several senior positions at the International Monetary Fund in Washington, DC (1996-2013),where he took a leadership role in the IMF’s efforts to revamp the international financial architecture & resolve financial crises.
Apr 30, 2020 • 5 tweets • 2 min read
I have a client who was ready to buy #bitcoin & after talking to his Advisors at JPM & GS told me he's not interested anymore. I asked what they said & instead of answering, he asked me to explain in one sentence what the benefits are to buying BTC now in terms of proven results.
Obviously one sentence is unreasonable but I shared with him the following:
- Bitcoin is the best performing asset over the past decade
- Buying Bitcoin and Hodling has been profitable for 3853 days out of a total of 4134 days (93.2%).
