Originally Posted by gauchojake
so which side does the trump coin fall on (they havent btw)
so which side does the trump coin fall on (they havent btw)
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
meme coin obv
so which side does the trump coin fall on (they havent btw)
i think you can still make an argument that meme coins are to some extent an asset but I think you open a can of worms if you consider them for government backed loans. If I can create it, probably not something that should be considered valuable for the purposes of calculating net worth or debt to income ratios.
meme coin obv
i think you can still make an argument that meme coins are to some extent an asset but I think you open a can of worms if you consider them for government backed loans. If I can create it, probably not something that should be considered valuable for the purposes of calculating net worth or debt to income ratios.
make no mistake, im on your side here, but the policymakers behind this are not, shall we say, sophisticated.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
My first reaction was to draw comparison to the early 2000’s and the easing of loan guideline. It has a faint familiar aroma.
make no mistake, im on your side here, but the policymakers behind this are not, shall we say, sophisticated.
That is to demean how truly retarded those days were and I felt ashamed. “W”
you know, he campaigned really fucking hard on waving some sort of magic wand at peoples credit card debt... i wonder if hes setting up some sort of (totally batshit) miracle cure where existing debts get knocked down to 1% apr or something..
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
you know, he campaigned really fucking hard on waving some sort of magic wand at peoples credit card debt... i wonder if hes setting up some sort of (totally batshit) miracle cure where existing debts get knocked down to 1% apr or something..
no telling. there are some really wild, really interesting, and literally pathetic ideas out there they are testing trial balloons on.
it's palpably obvious i and i have to think most of us think this is not fixable. but if they were going to do anything for anyone, i wish they had helped folks with huge medical bills. lighting so much money on fire with student loan forgiveness, using fema money for illegals, etc. was asinine and criminally so. medical bill forgiveness would have helped not only the debtors but so many institutions which we all need and depend on. their lobbies must not have paid enough.
does anyone have any thoughts on Robinhood as an investment here. it's expensive, but so is everything. morgan stanley has a pt of 43, so there's that. is it popular with the kids? easy to use? going to be around in a decade?
the whole 'stocks on chain' reveal today probably insures they trade at 125 by the end of july.
also ive been looking into market making a chain i mentioned in another post and was surprised to see that both they and robinhood are on arbitrum apparently? so its really possible that robinhood is trying to drink coinbase's milkshake here in the medium/long term and as of now i earnestly believe they can/will do it.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
the whole 'stocks on chain' reveal today probably insures they trade at 125 by the end of july.
also ive been looking into market making a chain i mentioned in another post and was surprised to see that both they and robinhood are on arbitrum apparently? so its really possible that robinhood is trying to drink coinbase's milkshake here in the medium/long term and as of now i earnestly believe they can/will do it.
you are on another level with this stuff than me. i'm earnestly learning as much as i can about stable coins as they makes some sense to me and i can see (or with the aid of listening to others) how it could be the future. I see how the US guvment will be able to benefit, perhaps a lot from them, so they will have that tailwind. if i am correct, i want to get in on the ground floor for once. everything is already expensive using current number but i'm buying what i can that is touching it. what worries me is when amazon adopts one then will it just knock everything i have out of the water....
do you know anything about Galaxy? i listened to the CEO who i was previously unfamiliar with give an excellent interview on Schwab TV and was thoroughly impressed. I'm buying it or and researching them further with the hope/goal of buying much more.
i have overpaid for circle but not worried, yet. i presume someone will or already has made a stable coin which is backed by bitcoin rather than treasuries so adding to that and buying Ethereum now. Fiserv is early. Saw where Robinhood was in the market for the stuff too, kind of and also read what you did about today about their new idea - sounds like they are trying to stay ahead of the game.
any informed thoughts on these would be appreciated.
you are on another level with this stuff than me.
i promise you im not. im doing that incredibly autistic thing where i hyperfocus on a particular very high level endgame and let the pieces fall into place on the way.
i'm earnestly learning as much as i can about stable coins as they makes some sense to me and i can see (or with the aid of listening to others) how it could be the future. I see how the US guvment will be able to benefit, perhaps a lot from them, so they will have that tailwind. if i am correct, i want to get in on the ground floor for once. everything is already expensive using current number but i'm buying what i can that is touching it. what worries me is when amazon adopts one then will it just knock everything i have out of the water....
do you know anything about Galaxy? i listened to the CEO who i was previously unfamiliar with give an excellent interview on Schwab TV and was thoroughly impressed. I'm buying it or and researching them further with the hope/goal of buying much more.
i have overpaid for circle but not worried, yet. i presume someone will or already has made a stable coin which is backed by bitcoin rather than treasuries so adding to that and buying Ethereum now. Fiserv is early. Saw where Robinhood was in the market for the stuff too, kind of and also read what you did about today about their new idea - sounds like they are trying to stay ahead of the game.
any informed thoughts on these would be appreciated.
no bullshit if i had anything close to an informed opinion about any of this id offer it. very little of this is in scope for me because im just trying to set up a bunch of cross platform arbitrage bots in colos with sub 10ms access to APIs who dont do KYC. its all very traditional-HFT adjacent.
the rest is certainly interesting but its just not in my food chain.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
The number of mega yachts exploded pre vs post pandemic. Their number is going to double once more for many of the same reasons.
Assets, debt and money supply gone wild. Bank regulations relaxed. New money lent into existence. Low interest rates. Yada yada yada
If we throw a rod through the engine block so be it. No regerts
Anything that profits from volatility (trading) the next 3 years is going to crush so Robinhood is poised to profit too
Eggs will cost $8 in 2028
you make me want to be a better man.
I was just reminiscing about the “Elon Tusk” thread.
There was a moment early on where the thread’s existence was threatened by Admin. Blind to the richness and symbolism, Druff took the liberty of creating a new thread for stocks and another for Elon Musk. In fairness, other randoms have created stock threads, as well.
Protests and civil disobedience ensued, of course. The Elon Tusk thread was thus forged & tempered much like the Chinese steel used in Tesla vehicles.
We were sampling “The Good Morning Show” on Apple the past couple of days. Art’s take on the pandemic, the metoo movement, and legacy media. The show is so dated just a few years later. It’s remarkable how badly it aged.
In it there was a tech billionaire character, Paul Marks, who was played by John Hamm. This character was clearly inspired by Elon Musk. In one episode the character Paul Marks literally talks about sleeping on the factory floor etc etc.
Paul Marks/Elon Musk was portrayed as a handsome, charming and romantic figure. (Richard Branson-ish) Alex Levy (played by Jennifer Anniston) falls in love with him. LoL.
The Good Morning Show premiered 2019 and was prolly scripted years prior. The Elon Musk characterization is now really kinda humorous given the passage of time.
if robinhood does something about its $34,450.60 margin requirement to trade nasdaq futures, its going to be fucking curtains for a lot of big name brokers.
shit they should get into prop accounts now that i think about and just purge the temple of all its moneylenders in one fell swoop.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
also if anyone needs me ill be moving my portfolio into....
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
also if anyone needs me ill be moving my portfolio into....
Good decision for once, but still laughing about you even mentioning RobinHood.
What are you, some 20 YO kid with $50 buying garbage some sucker pitched them on Reddit?
so heres a bit of fine print i missed; robinhood isnt staying on arbitrum (L1). they are going to roll out their own centralized chain (L2). which means arbitrum goes from a value-capturing platform to a commoditized infrastructure. which means literally none of the value generated within robinhoods L2 has any impact on the L1 ecosystem?
but beyond that, when you consider that the core thesis is to provide some sort of rosetta stone for transmuting shitcoins into equities and back, how do you do that with any real accuracy... wait are they creating an on-chain darkpool?
oh my god its an on-chain darkpool.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
i promise you im not. im doing that incredibly autistic thing where i hyperfocus on a particular very high level endgame and let the pieces fall into place on the way.
i'm earnestly learning as much as i can about stable coins as they makes some sense to me and i can see (or with the aid of listening to others) how it could be the future. I see how the US guvment will be able to benefit, perhaps a lot from them, so they will have that tailwind. if i am correct, i want to get in on the ground floor for once. everything is already expensive using current number but i'm buying what i can that is touching it. what worries me is when amazon adopts one then will it just knock everything i have out of the water....
do you know anything about Galaxy? i listened to the CEO who i was previously unfamiliar with give an excellent interview on Schwab TV and was thoroughly impressed. I'm buying it or and researching them further with the hope/goal of buying much more.
i have overpaid for circle but not worried, yet. i presume someone will or already has made a stable coin which is backed by bitcoin rather than treasuries so adding to that and buying Ethereum now. Fiserv is early. Saw where Robinhood was in the market for the stuff too, kind of and also read what you did about today about their new idea - sounds like they are trying to stay ahead of the game.
any informed thoughts on these would be appreciated.
no bullshit if i had anything close to an informed opinion about any of this id offer it. very little of this is in scope for me because im just trying to set up a bunch of cross platform arbitrage bots in colos with sub 10ms access to APIs who dont do KYC. its all very traditional-HFT adjacent.
the rest is certainly interesting but its just not in my food chain.
if the crypto topic is of interest, i commend this interview to you:
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