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Jesse Powell

@jespow ↗

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Last Checked March 5, 2023

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Sat Dec 03 22:39:53 +0000 2022

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Jesse Powell @jespow

Had some questions about this recently in light of the discovery that FTX apparently had 0 controls on their margin program. When VCs ask "how are they doing so much with so few people" -- it's because they built none of this, which is rarely seen or appreciated until too late. — PolitiTweet.org

Kraken Exchange @krakenfx

How does Kraken manage margin risk on its spot exchange? 1/9 Finite resources Kraken has a limited pool of funds… https://t.co/jTqKATvzdd

Posted Dec. 3, 2022

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Jesse Powell @jespow

@AsiaEconInfo @HPhilophy @elonmusk We haven’t raised capital since 2019. We expanded to meet bull market demand. The alternative was falling behind & poor service. No sense in carrying hundreds of extra support agents who are sitting around with no work to do in a bear market where no hope of a near-term recovery. — PolitiTweet.org

Posted Dec. 2, 2022

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Jesse Powell @jespow

@brbtherooster Is there something specific you preferred over ours? You can also trade through Cryptowatch Desktop if you want the fighter jet cockpit experience. https://t.co/dpGyxrjyp3 https://t.co/oS7JFOL5i9 — PolitiTweet.org

Posted Dec. 3, 2022