Two weeks ago an algorithmic stablecoin called TerraUSD (or UST) blew up, incinerating tens of billions of dollars of market
Continue readingMonth: May 2022
Business: Elon Musk, Twitter, and sexual massage
Here is a theory of Elon Musk and Twitter: Elon Musk wants to buy Twitter, for some set of personal,
Continue readingBusiness: When code-is-law clash with real law
Here’s a delightful NFT case out of Singapore: In a first, a Singaporean man has won a court injunction to stop
Continue readingBusiness: Web3 – Code is law
Here is a fun Bloomberg Businessweek story about a guy named Andean Medjedovic who hacked a decentralized finance project called Indexed Finance, taking
Continue readingInvest: Crypto payments
Cryptocurrencies are now a mainstream—although volatile—investment tool. But blockchain-based payments are just beginning to catch on. Over the coming years,
Continue readingLife: Choose another bank, not Wells Fargo!
Wells Fargo & Co. is a big bank. As a bank, it likes making money. As a general rule, banks
Continue readingBusiness: Is Elon Musk really putting Twitter “on hold”?
Is Elon Musk’s deal to buy Twitter Inc. “temporarily on hold”? On the one hand, he did tweet that last
Continue readingBusiness: Elon Musk messes with Twitter
Elon Musk is the richest person in the world, and an active Twitter user. When he tweets, he gets a
Continue readingCareer: Goldman Sachs’ vacation policy
This is a joke! I love the idea that a bunch of disgruntled junior analysts at Goldman Sachs Group Inc.
Continue readingInvest: I think Bitcoin will fall another 40% to $15,000
Here is a fun fact, Bitcoin is down 40% to start the year as investors sell risk assets After its
Continue reading