Retail investors are akin the fourth and final alert in a Discord or Telegram pump and dump scheme. They are exit liquidity by nature of where they live in the flow of information.

Who would have thought… bonds with a duration greater than 1-3 years and a yield of < 2% were a terrible idea. Yield tells you everything you need to know.

Wonder if these banks have ever heard of the Lightning ⚡️network? It’s uncanny how similar the two look.

With the unwind of Silvergate and the failure/takeover of Silicon Valley Bank and Signature bank, what does this do to exchanges and apps that had on-ramps only because of these entities?

Unpopular Opinion: An instantly verifiable, always on - 24x7x365, available to anyone globally, Proof of Reserve banking system solves the $SIVB / Vulture VC issues. 🤔 #Bitcoin ??? Proof of Reserve would have been nice this week. Why not? Wrong answers only.

Meet your new banker… the banks just aren’t willing to admit it yet.

In times of pain, know your max allocation and make sure it’s filled. In times of euphoria, know your core position and how much pain you can take; trim back to that.

Every entity, integration, node, channel, wallet, account, etc., etc. that you put between yourself and your money is a risk. A potential point of failure. Money involves a series of trade-offs. Choices (risk) that only you can decide if you are comfortable with or not.

Don’t be indebted to others or your fate will be decided for you. You’ll act as a slave to their desires.

TradFi is facing the same leverage & liquidity contagion ( $SIVB, $SI) that crypto / #Bitcoin  suffered in 2022. Runs continue until participants verify who actually owns the collateral (dollars) and who owns levered paper claims. A slow domino train, one crunch at a time.

The last time global liquidity was priced at these levels was 2000 - 2001. 20+ yrs ago... let that sink in. The #eurodollar induced #Leverage trade began to unwind with crypto and has worked its way all the way back through the traditional system. 🎲🎲