Ammar (@ammarorama) 's Twitter Profile
Ammar

@ammarorama

ex @yobotaplatform, busted some myths around core banking systems.

ID: 419633275

calendar_today23-11-2011 15:59:14

1,1K Tweet

533 Followers

3,3K Following

Ram Ahluwalia CFA, Lumida (@ramahluwalia) 's Twitter Profile Photo

I found a bank that has $1.5 Tn in mark-to-market losses because it bought Treasuries & MBS. For the first time in 107 years, this bank has negative net interest margin. Its losses are poised to exceed its capital base. Can you guess? The Federal Reserve... 🧵

Ammar (@ammarorama) 's Twitter Profile Photo

This is a very important point about implications for the financial system based on how the SVB situation is handled. The thread is also great.

Ammar (@ammarorama) 's Twitter Profile Photo

If don’t have one already, get yourself a second bank account from a different provider than your existing one. For those of us who live in inner cities without much garden space: this is called a hedge, and everyone should have one.

Ammar (@ammarorama) 's Twitter Profile Photo

Imagine if #Picard season 3 had been the first one. Even the only one. How great would that have been. So many people will not watch the third season because of how bad the first and second were. It’s a real shame.

Ammar (@ammarorama) 's Twitter Profile Photo

Someone from the NHS is about to come and take his shoes, and then he’ll have to pay up before he’s allowed to leave.

Ammar (@ammarorama) 's Twitter Profile Photo

18 mins from touch down to the baggage belt. Flying at the front of the plane without the kids is the gold standard.

Ammar (@ammarorama) 's Twitter Profile Photo

Open question to people: how do you define a “digital asset” ? Criteria which come to my mind:  is it a cryptographically signed item of data? Does it need to be provided via a consensus mechanism Does it need to have a calculable value? #DigitalAssets