walamaking retweeted
This video sums up my thesis on quantum quite well, and it’s indisputable—no one with a clue disagrees with this
If you listen closely he says QC is slow but cuts himself off for better points to stay on topic
Also almost slips up saying a real error corrected
QC may never happen
Also speaks about the high prices of qc stocks
And pure plays will be out of business
$ionq $qubt $qbts $rfti newbie investors listen up
☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️
walamaking retweeted
$ORCL this is also new all time highs!! 😃
walamaking retweeted
🚨🚨🚨Presidents of @Harvard @MIT and @Penn REFUSE to say whether “calling for the genocide of Jews” is bullying and harassment according to their codes of conduct. Even going so far to say it needs to turn to “action” first. As in committing genocide.
THIS IS UNACCEPTABLE AND ANTISEMITIC. They must all resign immediately today.
walamaking retweeted
Here’s the letter from SF Fed prez Mary Daly approving Fed Reserve System membership (SWIFT and wires) for the bank that SBF bought.
That’s Deltec Chairman Jean Chalopin on the Board, as is Gemini Chief Compliance/Operating Officer Noah Perlman.
Burn. It. The. Fuck. Down.
Gemini COO is ex-DEA, AML expert and ex-Morgan Stanley. And he decided a good use of his time and reputation is to join a shady bank associated with SBF. Whatever master plan they all had, it came crashing prematurely and now they’re all scrambling. frbsf.org/banking/wp-content…
walamaking retweeted
Read Number Go Up by @ZekeFaux
@CryptoCriticPod did a good rundown in their most recent episode.
walamaking retweeted
What will eventually kill bitcoin won't be a crash but inexorable decay. Fads are more threatened by indifference than by disgust.
walamaking retweeted
When I said pple lost interest in bitcoin, it was based on this: BTC Volume is slowly disappearing, down >85% from the peak.
As volume drops, manipulations become easier but, at some point, manipulators will need to exit.
This is how Open Ponzis implode.
walamaking retweeted
The marginal propensity to spend from crypto wealth is twice that of overall wealth.
Wow. High risk, high propensity to spend - reverse effects also likely significant. ⬇️
How fluctuations in individual crypto wealth affect household consumption, equity investment, and local real estate markets, from Darren Aiello, Scott R. Baker, Tetyana Balyuk, @ProfDiMaggio, Mark J. Johnson, and Jason D. Kotter nber.org/papers/w31445
walamaking retweeted
If this newsletter becomes the backbone of global value transfer, I expect the demand for Money Stuff to be considerable.
bloomberg.com/view/articles/…
walamaking retweeted
...this decision raises more questions than it answers. How can a thing be a security in one transaction, but not in another? UK legal doctrine evolving to answer this (the "Third Thing" concept). In US, it has not; hopefully Congress will get involved and clear things up soon.
walamaking retweeted
Lower CPI is only good news for the economy and the stock market only in as much as it causes the Fed to cut rates faster. If the rates stay here it means relatively higher real interest rates and thus more implicit tightening.
walamaking retweeted
The important test for elite colleges in this era is their overall contribution to opportunity in America.
No more legacy admissions.
No more special admissions for people who've been coached extensively to be good at aristocratic sports.
Expand their class sizes so that more can benefit from what they bring and not defining their greatness by just how exclusive they are.
"The important test for them in this era is their overall contribution to opportunity in America," former Treasury Secretary Larry Summers says on US universities following the SCOTUS decision striking down affirmative action.
Watch Wall Street Week: trib.al/X3u3j7y
