lol what this nonsense. tether's regarded as the safest bc their biz model is providing entities usdt for usd without offering interest on the cash.
now why would any entities want to deposit usd into a private bank and receive usdt without any yield on their cash? you think you understand tether so well maybe think about it for a few minutes
payments is a meme for every bagholder coping about their cheap blockspace chain. literally every cycle cheap l1's come up
eth mainnet is lindy as the most secure settlement/data availability layer, other layers for execution settling back to mainnet or other da layers potentially solve settlement fee/l1 data writing rent issues
the funniest part about FTX was how utterly awful it was. books were thin, and everyone knew alameda was hunting customers in the books, while listing perps for their farm and dump investments. really just a sham of an exchange/casino, so around average by crypto standards, but KOLs and mainstream comms praised them.
Sequoia led their one of their rounds, everyone assumed sequoia did enough due diligence, everyone goes in and fills the round; it's assumed its a trustworthy platform for retail
Very noticeable trend as after the explosion of IG around 2017, a lot of convos went to from fb messenger to ig group/telegram/discord/signal and obviously whatsapp
Personally seeing posting to the main feed as being too extra, usually someone trying to sell something, instagram being too full of ads/irrelevant info or bait at the worst... which I guess you could say is the same for most of the big public websites
now go further down this line of thinking... how those with status and money must view the world as nothing more than theatrics. airport security theatre being the most obvious
VR doesn't need to capture the average facebook user/masses. As long as META can retain devs/early adopters, with great hardware, the ecosystem/community has already been built. High ROI is only inevitable, whales in MMORPG's spend the money because theres a genuine connection with the players/community, that should've become apparent to everyone with NFTs/crypto.
If Zucc's bets on acquiring whatsapp and instagram were plays on time spent/attention, should track that he understands the killer app of VR is going to be time spent/attention. VR isnt just a new medium to tell stories, if it taps into something more primal than anything a screen can convey, then the "next platform" race has already started and META is ahead by leagues
As most internet natives know, the longer a thread goes on the more likely a flamewar erupts; pour gasoline on that with the addition of clout/followers/engagement to grow a brand, and you get an especially unhealthy reward loop
It's actually an exercise in True freedom, trying to detach your life from all socials/spaces
Remove/minimize socials, move to multiple countries more than a couple times a year. form new friend groups/communities, learning to min-max essentials
Diet: try fasting, appreciate simple meals after a lengthy fast
the subtext here, after they kept insisting that inflation is transitory and that we are not in a recession/soft landing messaging, is that they dont want to be seen as tightening into a downturn
Fixed rate debt, locking in low rates in undervalued assets prior to rate hikes, before the Fed pivots and starts hyperinflation so you own a house (while everyone else is sidelined in hyperinflated cash/high interest debt)
During a downturn with rate hikes, a possible sovereign debt crisis and commodities/inflation possibly moving higher, look at high yield treasury bonds
max out series i bonds
- $10k per person or company
- 9.62% yield atm
- state tax exempt
if you have a lot of extra cash and no debt or low interest fixed rate debt, then park it in a no penalty CD, savebetter is paying 3% CD atm, no penalty, withrdaw anytime
then park the rest in 2-2.5% savings accounts atm
now why would any entities want to deposit usd into a private bank and receive usdt without any yield on their cash? you think you understand tether so well maybe think about it for a few minutes