Co-founder at Sixtant, delta-neutral algo trading and market making firm. Byzantine fault tolerant. #bitcoin josu.eth
May 16, 2022 • 5 tweets • 1 min read
I tried to buy some calls with Interactive Brokers. Horrible UX. These were some of the obstacles in order:
1. It complained I wasn't authorized to trade options. 2. I had no USD (I deposited EUR) 3. Tried to convert 1k EUR to USD, it failed; quoted wrong and I was 2€ short.
4. Authorized and USD balance. I try to purchase the calls, but apparently the EUR<>USD trade needs to be settled.
I guess I have to wait for the 1k trade to settle, because the credit risk is just too high for them to take.
I'm going back to crypto.
Apr 7, 2019 • 21 tweets • 8 min read
What happened to the US Monetary Base after the 2008 financial crisis just seems wrong.
Time it took to 5x the MB:
1983 - 2008 => 25 years (From 170 to 850)
2008 - 2014 => 6 years (From 850 to 4150)
(Thread)
Where did all these money go? Probably here: