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Showing page 16 of 68.
Matt Huang @matthuang
@semil @ttunguz Screenshot adds the dilution versus multiplying. I think blog post updated to fix? — PolitiTweet.org
Matt Huang @matthuang
@MentorNotPseudo The point of the thread was to solicit ideas! This is a good one. — PolitiTweet.org
Matt Huang @matthuang
@justindross Btw, the stronger claim re point 2 above is that without L1 assets being valuable, no stablecoin works, even the custodial ones. — PolitiTweet.org
Matt Huang @matthuang
@justindross Many of those other commodities are also volatile. Crypto volatility should decrease over time. You are right that normal users who just want to use the rails don’t have to own the L1 assets, but they are also the best way to participate in the upside of the new crypto economy. — PolitiTweet.org
Matt Huang @matthuang
@justindross 1) Value is relative to a chosen unit of account. Your framing is specific to USD (probably best current choice). But subjectivity of USD monetary policy is a real concern. 2) USD coins assume an L1 asset is valuable enough to secure a chain (or be used as collateral). — PolitiTweet.org
Matt Huang @matthuang
Came across some good advice for bear market builders this weekend: “To see the rainbow at night, I must make it myself.” — PolitiTweet.org
Matt Huang @matthuang
Unicorn season — PolitiTweet.org
hayden.eth 🦄 @haydenzadams
👀 Uniswap LP fees close to flipping @ethereum https://t.co/9MEDjoNmCP
Matt Huang @matthuang
What bayesian updates should the crypto ecosystem make? E.g.— Governance-minimized, on-chain DeFi 1.0 (like Uniswap, MakerDAO, etc) should gain credibility? Ponzi-game DeFi 2.0/3.0 should lose credibility? Opaque CeDeFi should lose credibility? What else? — PolitiTweet.org
Matt Huang @matthuang
@nic__carter web2 hating on crypto because tech stocks are down and they need something to hit to make themselves feel better is a good frame — PolitiTweet.org
Matt Huang @matthuang
Cyclical ups and downs along one of the biggest S-curves of our generation — PolitiTweet.org
Matt Huang @matthuang
Prior blowups were more existential to crypto overall. MtGox was processing 70+% of BTC trading, and lost around 7% of all BTC in 2014 The DAO had almost 15% of ETH supply in custody when it was hacked in 2016 The difference now: > $ amounts ++ > crypto on a much larger stage — PolitiTweet.org
Matt Huang @matthuang
@levie I always enjoy and learn from discussions with you :) — PolitiTweet.org
Matt Huang @matthuang
Crypto skeptics are great The good ones make useful critiques and help us improve The bad ones: thanks for the fuel! — PolitiTweet.org
Matt Huang @matthuang
eg see MakerDAO for graceful handling of volatility — PolitiTweet.org
Maker @MakerDAO
Yesterday, June 13, the Maker Protocol executed 182 liquidation auctions. 35.2 million DAI to cover risky debt ➡️… https://t.co/u3eOuQyj2z
Matt Huang @matthuang
@sks01119 Handling volatility gracefully = deleveraging without blowing up. I agree with your end statement. — PolitiTweet.org
Matt Huang @matthuang
We’re likely to see both DeFi (Luna/UST) and CeFi (Celsius, Babel) blowups… But DeFi is revealing its many advantages: - Most DeFi seems to be handling volatility gracefully - Many saw the Luna/UST blowup coming before the crisis given DeFi’s openness and transparency — PolitiTweet.org
Matt Huang @matthuang
@cobie Next time the silliness will be different — PolitiTweet.org
Matt Huang @matthuang
Beautiful game… wow Nepo — PolitiTweet.org
Lichess.org @lichess
First decisive game of the Candidates 2022 - a slightly surprising loss by GM Ding Liren with the white pieces, one… https://t.co/M6MbEgMqTO
Matt Huang @matthuang
Very excited for the 2022 Candidates Tournament… Let’s hope for decisive games… And go Alireza! https://t.co/rrKWmLEfWc — PolitiTweet.org
Matt Huang @matthuang
@transmissions11 Shin Ramyun — PolitiTweet.org
Matt Huang @matthuang
RT @BChillman: In these market conditions, you will quickly find out its pivotal to surround yourself with the best partners possible. @par… — PolitiTweet.org
Matt Huang @matthuang
Lots of volatility and uncertainty in crypto right now. Please be safe out there. 1) Paradigm is here for the long term and excited to fund new companies through ups and downs. 2) If you are a crypto company in crisis, we are happy to help if we can. Please reach out. — PolitiTweet.org
Matt Huang @matthuang
What if the Fed adopted NGDP targeting? Should we consider this policy option seriously? cc @tylercowen @ScottSumnerTMI — PolitiTweet.org
Dan Robinson @danrobinson
@matthuang Should have adopted the algorithmic solution, which might even have avoided the overshoot altogether https://t.co/xiBxO6RrxR
Matt Huang @matthuang
@danrobinson Sumner-maximalism — PolitiTweet.org
Matt Huang @matthuang
@levie If only infrastructure standards simplified and there was just 1.. it would be easier for everyone? — PolitiTweet.org
Matt Huang @matthuang
FedDAO chooses to raise the parameter by +75bps https://t.co/z1nEwptnfM — PolitiTweet.org
Matt Huang @matthuang
@_Dave__White_ A good first day in the office for @transmissions11 — PolitiTweet.org
Matt Huang @matthuang
Some brilliant experts decomposed inflation into its constituent parts. Total: 8.5% Russian invasion of Ukraine: 3.5% COVID-19 pandemic: 2.0% Other: 2.3% ... Money supply: 0% If money supply has no impact on inflation... why don't we print money to offset inflation? https://t.co/J5TyVK3cYD — PolitiTweet.org
Matt Huang @matthuang
RT @matthuang: Every generation relearns the lessons of leverage, both explicit and implicit. (Generations in crypto are 2-3 years). — PolitiTweet.org
Matt Huang @matthuang
We're far from an all-time-high in "crypto is dead" takes. Still early. — PolitiTweet.org