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Not I say one, but former Fed Chair Alan Greenspan say one hor. You can't make this up. Former Chair of the Federal Reserve of the United States A.Greenspan: "The United States can pay any debt it has because we can always print money to do that" pic.twitter.com/ioxOplSEh5 — Fractalwatch (@Fractalwatch) March 28, 2019 If you need more money, just print more money lor, easy what.

The reddit thread in question is here . Here's the tl;dr cos I know y'all lazy: - OP is a DGD whale since ICO - OP has market made DGX at losses - Digix team too humji to take risks - a lot of holders want to call it quits - a lot of holders want to be able to withdraw ETH from the DAO Guess what? Not going to get approved. You don't have to look too far to find out how concentrated ownership is . Y'all lazy so more math from me: 51% is held by the top 10 addresses. 67% is held by the top 28 addresses. Interestingly, in other words, the top 10 addresses own $19M of tokens, and the top 28 addresses own $25M of tokens. That's a lot of money for virtual digital tulips, ain't it? Anyway, oh my, who could've seen this happening from September last year ? When I was very active in the DGD community in late 2017 and early 2018, one of the things I've noticed by the other holders is that (1) they are all uneducated in financial engineering and (2) they were EXTR...

Interesting news piece . You know, governments REALLY hate it when you move money around which you didn't pre-apply for approval? Hehe. There's both an exhilarating sense of freedom and fear when you own cryptocurrencies. Exhilarating freedom that you can just up and go anywhere and disappear with all your networth. Exhilarating fear that 1 missed character or 1 misstep gets all your crypto stolen or destroyed. You know who should be knowing how much, when and to whom I'm sending money to? Or receiving money from? Mr. NoneOfYourFuckingBusiness For countries with extreme capital control measures and forced their citizens into holding their hyper-inflating national currency, cryptocurrencies are the only way out. Not silver, not gold. Not anything physical or seizable. Generations before us, someone smart realized that there SHOULD be separation of state and religion. I personally think that it was a pretty good idea and turned out pretty well. The next radical change that I...

Come, today Brother G make you smart. 1. Go to here: https://secure.sgs.gov.sg/fdanet/BenchmarkPricesAndYields.aspx 2. SGS Prices and Yields - Benchmark Issues 3. 2018 > Nov > 2019 > Mar > Daily 4. Click "Display" Magic. Interesting dates: 29 Nov 2018 1Y = 2.04% 2Y = 2.02% 5Y = 2.17% 10Y = 2.40% 31 Dec 2018 1Y = 2.04% 2Y = 1.88% 5Y = 1.90% 10Y = 2.04% 25 Mar 2019 (Today) 1Y = 1.99% 2Y = 1.90% 5Y = 1.92% 10Y = 2.04% Does anyone know what this means? I try to explain it to you. Today, if you lend the gahmen money for 1 year, you will get 1.99% APR Today, if you lend the gahmen money for 10 year, you will get 2.04% APR Har? So funny hor. You lend them for 9 extra years, you only get extra 0.05%. Let's see another one. Today, if you lend the gahmen money for 1 year, you will get 1.99% APR Today, if you lend the gahmen money for 5 year, you will get 1.92% APR HAR? You lend the government for extra 4 years, you get LESS returns? Wa, so funny. Nevermind guys, I heard...

US yield curve inverted this week w/ 1-yr yield moving above 10-yr. Last 3x that happened after long period with + slope... 1) Dec '05 (S&P peak: Oct '07, recession: Dec '07). 2) Sep '98 (S&P peak: Mar '00, recession: Mar '01). 3) Jan '89 (S&P peak: Jul '90, recession: Jul '90). pic.twitter.com/IaP12TGd6g — Charlie Bilello (@charliebilello) March 23, 2019 Presented without comment.

Y'all know, I generally don't poke my nose into other people's shit. But Hyflux is one of those stinking shits that smell so terrible, it's hard to ignore. So I heard from Bloomberg today that investor's might lose up to 90%? I think the better report is actually by CNA which works out the min/max that can be recovered, which is between 5-15%. People can discuss and argue all they want : about what they think the government should bail out, why it should be bailed out, how it's a small sum to bail them out, how NOT bailing out will "shake investor's confidence" and we can all argue until the cows come home. I highly doubt it'll change a damn thing. I've said it before, I don't think the government will bail out Hyflux, and I don't think they should . It was a bad investment into a bad company, that's what it is. ... If you're not vested, I would implore you to find some good reasons to get yourself involved in this mess. I...

For the people following my tweets and retweets on Twitter, I doubt you'd gain much from this post. Perhaps just a more organized and presentable format than Twitter which is a very haphazard medium. Recently, the biggest discovery for me was the Uniswap AMM model. Basically its an algorithmic automated market maker. It's is very interesting for several reasons. First off, it's rent-free. This means that the developers make absolutely nothing from its success. They managed to build it because they were given a grant by the Ethereum foundation. Basically, they created a token-less, rent-free model of Bancor. The grant they received was $50k. Guess how much Bancor raised in their ICO? $153M. Let me do the math for you. Bancor has a budget 3000X larger than the Uniswap team. And guess what? Uniswap does ~70% of the volume that Bancor does. And Bancor has been around for a pretty long time, while Uniswap launched a little over 3 months ago. The growth has been astonishing. The ...