DoomPosting
Same crypto tradeooors who said they’re done trading until the cycle top now saying one more trade, 12 hours ago — Shorting $BTC on the off chance it rejects $100k and goes down hard Ofc would be a very short-term play because only a matter of time until…
Indeed bad student loan debt is indeed a rapidly growing part of the problem:
= $1.7 tillion
Though that’s still far smaller than the bad home loans problem.
Note: Badness here being defined in terms of size of the loan minus the real value creation arising from the loan resulting in some negative number
— which is what matters for determining how inflationary money printing is
= Is the current real value of money that is printed for some loan less than the real value the loan helps create
— NOT defining “bad” loans by how likely the loans are to be paid back, here
Yes, you can force someone to repay bad inflationary money-printing loans… but that does not undo that they were badly inflationary money printing in the first place. Not to mention that the forced repayment often involves creation of even more bad inflationary loans.
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= $1.7 tillion
Though that’s still far smaller than the bad home loans problem.
Note: Badness here being defined in terms of size of the loan minus the real value creation arising from the loan resulting in some negative number
— which is what matters for determining how inflationary money printing is
= Is the current real value of money that is printed for some loan less than the real value the loan helps create
— NOT defining “bad” loans by how likely the loans are to be paid back, here
Yes, you can force someone to repay bad inflationary money-printing loans… but that does not undo that they were badly inflationary money printing in the first place. Not to mention that the forced repayment often involves creation of even more bad inflationary loans.
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💯5👀3😁1
History always rhymes, but never exactly repeats
Yes, as in music, the next big thing SHOULD borrow things from past big hits, things shouldn’t seem 100% alien, to be the next big hit
But at the same time, the next big thing should NOT just be copy pasting, or doing a cheap cover of a classic hit
Analogy -vs- simile
Massive, massive difference between analogy & simile — that 99% seem too retarded to understand
Beware cleap clone derivative coins,
the cover version by some no-talent no-name band, of the crypto world
Analogy, not simile
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Yes, as in music, the next big thing SHOULD borrow things from past big hits, things shouldn’t seem 100% alien, to be the next big hit
But at the same time, the next big thing should NOT just be copy pasting, or doing a cheap cover of a classic hit
Analogy -vs- simile
Massive, massive difference between analogy & simile — that 99% seem too retarded to understand
Beware cleap clone derivative coins,
the cover version by some no-talent no-name band, of the crypto world
Analogy, not simile
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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DoomPosting
took long enough
$WIFE has risen from the grave
May have something to do with why so many wifejack memes on the timeline again in the past few days
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May have something to do with why so many wifejack memes on the timeline again in the past few days
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Livestream coins seem to be the meta of the day
— All promising to stay online for some long amount of time, and so far many of them actually delivering on that
Good, in that there’s some level of dev investment, which generally a positive sign
We’ll see how good of a bet these turn out ot be
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
— All promising to stay online for some long amount of time, and so far many of them actually delivering on that
Good, in that there’s some level of dev investment, which generally a positive sign
We’ll see how good of a bet these turn out ot be
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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