graeme

59 ms·

811.
by graeme 4y ago
How would you distinguish between ADHD vs modern distractability? Especially if someone showed no ADHD symptoms before smartphones Everyone has some distractability so curious about threshold
812.
by graeme 4y ago
That’s very cold comfort. As an unsecured creditor you’re back of the line among creditors in a situation when there manifestly are not enough assets to pay creditors
813.
by graeme 4y ago
I don’t know about “should” but those protections don’t extend for Coinbase customers Taking those protections would mean a lot more regulation for the industry, regulation they’ve worked hard to avoid
814.
by graeme 4y ago
> the security of something backed by the US government. What do you mean? If Coinbase goes bust or steals your assets you’re just an unsecured creditor. It isn’t like a brokerage in regulated markets or a bank, which have specific rules
815.
Ring Vaccination Won’t Stop Monkeypox. Can Montreal?(donaldgmcneiljr1954.medium.com)
7 points by graeme 4y ago|1 comments
816.
by graeme 4y ago
They measured Madoff by amount of money promised, not money put in, iirc
817.
by graeme 4y ago
It is different, it’s bitcoin’s first recession. The “ultrahard” currency has always depended on cheap money to grow, especially from Tether
818.
by graeme 4y ago
Though at that point a network attack becomes very feasible. There will be a lot of asics for sale….
819.
by graeme 4y ago
It’s plausibly the collapse of the largest ponzi the world has ever known, by lrders of magnitude. Madoff was $60 billion. Crypto was $2.6 trillion at its peak. This article itself doesn’t add much but having the ones with analysis pop up f
820.
by graeme 4y ago
The whole space levered up. When Terra Luna and UST blew, it exposed holes in other companines’ balance sheets. These holes are slowly getting exposed and then a new company blows up, triggering ongoing liquidations Leverage sent it up on t
821.
by graeme 4y ago
Coinbase has not, however, been through a bear market. Nor has crypto
822.
by graeme 4y ago
Your logic is backwards. They don’t buy more Tether than other stables. (Well they do but that wasn’t the point) The point is they are Tether’s largest customer. They buy more Tether than anyone else.
823.
by graeme 4y ago
He described defi yields as a literal ponzi. Sam Bankman Fried’s business is charging commissions to people in the ponzi and trading against them and he does a good job of that. As an aside, for those who like names as destiny, SBF’s is epi
824.
by graeme 4y ago
Interesting, why would rigid contacts lead to less degradation?
825.
Celsius Feels Impact of Market Volatility, Tether Reserves Hold Strong(tether.to)
1 points by graeme 4y ago|0 comments
826.
by graeme 4y ago
Emphasis on documented. We’re dealing with liars here. Their customers, who are small in number, are insiders with incentive to keep the music playing. And I’ve seen some of these claims. Upon pressing they got their money via Bitfinex, not
827.
by graeme 4y ago
Withdrew from Bitfinex or redeemed at Tether? My point is people make these claims but no one has documented actually redeeming via Tether
828.
by graeme 4y ago
Much of the actual “redemptions” happen on Bitfinex. Tether and Bitfinex have the same owners and they buy Tether in open market operations. You can see the accumulations in Bitfinex USDT wallets before they move to the Tether Treasury The
829.
by graeme 4y ago
They normally fluctuate a bit above/below $1. Show me a one month period when they’ve been this consistently below $1. They may have had one longer period, when they lost their bank account access….other than that this is the record.
830.
by graeme 4y ago
That’s their most visible difficulty but the heart of their problem is they were a ponzi. They promised rates of interest they could not earn in the marketplace, so redemptions were made from new deposits. Luna sparked a run for the exits,
831.
by graeme 4y ago
Bingo. Tether defends the peg on their Bitfinex exchange. Then people arb the difference. But right now people are hesitant to arb and so need a higher premium.
832.
by graeme 4y ago
Oh thank goodness. I actually thought we put in $600 million
833.
by graeme 4y ago
This is all one big crash stemming from the Luna crash. Celsius had invested in Luna, lost some there and lost investors as well in the run for the exits. One of Celsius’ shareholders and creditors is the stablecoin Tether. This broke its p
834.
Staking, Pegging and Other Stuff(cobie.substack.com)
1 points by graeme 4y ago|0 comments
835.
by graeme 4y ago
Musk’s legal claim is incredibly flimsy. The legal battle will not be about whether it is all the data. Musk isn’t owed that. It’s about whether twitter is sufficiently responding to requests. Even without this the claim was very likely t
836.
by graeme 4y ago
So, he could have got out of the deal if twitter breached a covenant, and one covenant had to do with data provision. By providing all the data requested, twitter just squashed that out. He had no out on the bot claim itself, but his legal
837.
Liberals' latest 'censor the internet' bill sparks Canadian YouTuber backlash(nationalpost.com)
4 points by graeme 4y ago|0 comments
838.
by graeme 4y ago
Genuinely didn’t know how to title this. Title is more than double the character limit. Feel free to edit
839.
YC backed Stablegains invested everything in Terra(businessinsider.com)
57 points by graeme 4y ago|25 comments
840.
by graeme 4y ago
Twitter didn’t claim less than 5% of all accounts or all activity are bots. Right off the bat you’ve got the metric wrong. It refers to 5% of monthly active users who are shown adds.

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