“The difference between involvement and commitment is like ham and eggs. The chicken is involved; the pig is committed.” – Martina Navratilova You know I’ve been sitting on that quote from the beginning, right? Interesting things happen after you write a Substack article. You receive great feedback from readers, the world continues to evolve, events unfold, and predictions you’ve made either prove true or, as I prefer to describe the alternative, too early. As Michael Jordan famously said:
Ponzi-affiliates gotta support other Ponzi-affiliates. If you're running a big fraudy hedge fund and a big fraudy exchange you can't just go around supporting some C-list grifter like Donald Trump.
A thought I've had a few times: why doesn't someone create another pegged currency that's actually pegged and audited. The swap markets can then price the risk accordingly.
Because a fully pegged and audited currency would be incredibly money losing. Auditing costs money. Cash generates almost zero income. And ongoing operations actually also cost money.
there is a general approach of head in the sand an Ignore , Dan Held just published a picture on Twitter showing a kilo of Bolivar's with a 1 dollar Bill ... replace the bolivar with USDT and ask the question how much USDT is a BTC worth compared with USD/ BTC ... instead of running around like Doomberg chicken without a head promoting green Mining Saylor should work overtime to solve this disaster from happening ...
love the navratilova quote. when it comes to "crypto" all i can say is that bitcoin is king; it changed my life. no hyperbole. i think it's both ham and eggs. committed and involved.
Just going through all the old stuff - turns out I missed some grade A free range eggs.....
Ponzi-affiliates gotta support other Ponzi-affiliates. If you're running a big fraudy hedge fund and a big fraudy exchange you can't just go around supporting some C-list grifter like Donald Trump.
A thought I've had a few times: why doesn't someone create another pegged currency that's actually pegged and audited. The swap markets can then price the risk accordingly.
Because a fully pegged and audited currency would be incredibly money losing. Auditing costs money. Cash generates almost zero income. And ongoing operations actually also cost money.
there is a general approach of head in the sand an Ignore , Dan Held just published a picture on Twitter showing a kilo of Bolivar's with a 1 dollar Bill ... replace the bolivar with USDT and ask the question how much USDT is a BTC worth compared with USD/ BTC ... instead of running around like Doomberg chicken without a head promoting green Mining Saylor should work overtime to solve this disaster from happening ...
love the navratilova quote. when it comes to "crypto" all i can say is that bitcoin is king; it changed my life. no hyperbole. i think it's both ham and eggs. committed and involved.