I'm biased as a $Luna holder, but I feel like this whole situation needs perspective. A 30 year old grew a DeFi community from $0 to worth north of $18bn. Started 4 years ago. That's an insane level of success. That Luna hit a wall was inevitable. Key is how they pivot now.

Lost a little on the $UST de-peg but do think I gained a little insight. Crypto has a future, but not the one it wants. If it's true that all of this was caused by a short, it won't be the last one. Which means crypto needs a professional class, or it will be devoured by one.

One of my boys is in PE, called me about making an investment into his fund. Terms: 20%/pa in exchange for 2/20 and a 5 year lockup. Min $100K. Meanwhile Anchor: 20%pa no lock, any amount. I'll be damned if $UST holders should be treated like widows and orphans.

Not at all in favor of this potential class action, but for my #LUNAtics, here they come. Seen in FB

In a later post we will discuss- -Could LFG have avoided the death spiral after the depeg? -Where does Luna go from here? In the meantime feel free to RT this thread, only collective lessons learnt will allow us to move the space forward. x.com/gametheorizing…

How do, as a lawyer, resign AFTER your client implodes? What are you resigning for from that point, your own counsel's failures? We should know more about this. theblockcrypto.com/post/147390/te…

UST "senior debt holders" got: 1. No promissory notes. 2. No paper at all (not even an "IOU") 3. A claim to be paid in diff currency than that issued or redeemable.. Phew. Down here at the Guilford Cty. Bar, we'd call that "a mess." 🤣

This gotta be the wildest thing I've ever seen. You lost money on that probable security? Never fear, just buy this new security. UST holders going double or nothing. Lol

Wait. They want us to focus on the school door being unlocked? So let me get this straight: They say it should have been much harder to enter the building, but won’t make it harder to buy the AR-15 he used to kill 19 kids and two teachers? Do you hear how insane that sounds?!

Bill Kristol is saying this. About Dick Cheney's daughter, Who is accusing a Republican President. And he's right. C'mon man, you know Trump is a crook.

Guys, We're being a little premature on this Drake album. It's 2022, I need a little more More Life.

how’s brian armstrong going to find another job after fking up the world’s easiest head start that coinbase had over everything levels of incompetence not seen since bittrex

We can't see most of the Loan Agreement from what he showed, but doesn't look nefarious at all to me. Looks like a cash revolver and a term BTC loan w common terms... Big snooze 😴

Make no mistake, the decisions of the last two days - guns & abortion - are not a function of legal, constitutional interpretation. They are solely the result of a change in Court personnel. This makes the Court a more obvious political institution, not one removed from politics

what kind of shithole country lets a tiny extremist minority fuck everything all to hell for the rest of us

Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Ban assault weapons Retweet if you agree.

> Fascist shot dead > Boris is on his sad boy arc > Gas prices are falling Dark Brandon is rising

Price is what you pay, value is what you get. Retweet this and I'll send you a document outlining: 1. several CPA-approved business valuation methods 2. an outline of value drivers for SMBs. (must be following so I can DM you)

Always good stuff here