I get it! Rolex's are falling in price, not because:
A) Commercial RE has collapsed,
B) Nor because S&P500 has cratered like a meteorite landing site
C) Nor because residential real estate has peaked
D) Nor because rates rising in neg. yield environ,
but because crypto corrected? https://twitter.com/opinion/st...

我明白了！劳力士的价格下跌，不是因为：
A） 商业再保险崩溃，
B） 也不是因为S&；P500像陨石降落点一样形成陨石坑
C） 也不是因为住宅房地产已经达到顶峰
D） 也不是因为负利率上升。屈服环境，
但因为加密更正了？https://twitter.com/opinion/st...

@JohnEDeaton1 @Kashta9 @joncrypto99 @dao_veri SEC confiscated all assets, incl VERI. VERI was frozen, & assets were offered to VERI holders WITHOUT need to tender their VERI. <2% of VERI holders took SEC offer, 3 yrs later, nobody's paid yet. @Veritaseuminc accepts VERI as '566 patent disc. covering $BTC $ETH #NFT

@JohnEDeaton1@Kashta9@joncrypto99@Daou veri SEC没收了包括veri在内的所有资产。VERI已冻结，&；资产被提供给VERI持有人，无需对其VERI进行投标&书信电报；2%的VERI持有人接受了SEC的出价，3年后，还没有人付款@Veritaseuminc接受VERI作为566专利光盘。涵盖$BTC$ETH#NFT

@serenawilliams methodically eliminating historical barriers in #VentureCapital. Blacks received just 1.4% of '21 venture capital funding,, women just 2%. My guess, <0.01% of capital goes to Black female VCs. Imagine foundational DLT IP involvement!
https://www.linkedin.com/posts...

@serenawilliams有条不紊地消除了#VentureCapital的历史障碍。黑人只获得了21年风险投资资金的1.4%，而女性只获得了2%。我猜，<；0.01%的资本流向黑人女性风险投资公司。想象一下基础DLT IP参与！
https://www.linkedin.com/posts...

@LeaksBlockchain reports https://us.gov/ to take over stablecoins H1 2023! via regulation + #CBDC. @federalreserve hires 5 Circle employees. USDC be saved? See our cursory inquiry into $USDC https://boombustblog.com/compo... then https://boombustblog.com/compo...
https://www.youtube.com/watch?...

@LeaksBlockchain报告https://us.gov/2023年上半年接管stablecoins！通过法规+#CBDC@federalreserve雇佣了5名Circle员工。USDC是否可以保存？请参阅我们对美元的粗略调查https://boombustblog.com/compo...然后https://boombustblog.com/compo...
https://www.youtube.com/watch?...

As I work with my 16 year old daughter to prepare the @coinbase forensic analysis for release (hopefully, tonight) as well as the @circlepay analysis, we were heartily put in mind of this hilarious South Park clip/ Not so far fetched, eh?
https://www.youtube.com/watch?...

当我和我16岁的女儿一起准备发布的@coinbase法医分析（希望是今晚）以及@circlepay分析时，我们由衷地想到了这个搞笑的南方公园剪辑/不是那么牵强，是吗？
https://www.youtube.com/watch?...

RT: Are Circle and Other Stablecoins Safe, Is Coinbase Safe | Father of DeFi https://youtu.be/yFNkQpw92tM via @ReggieMiddleton @Junior_M92 @coinbase @circlepay

转发：Circle和其他Stablecoins安全吗？Coinbase安全吗？DeFi之父https://youtu.be/yFNkQpw92tM通过@ReggieMiddleton@Junior\u M92@coinbase@circlepay

RT: @ReggieMiddleton Real Life Súper Dad📈🚀 https://t.co/jVe7UFFNbz

转发：@ReggieMiddleton真实生活Súper Dad📈🚀 https://t.co/jVe7UFFNbz

@shanepicker @matthewrcohn @jerallaire @binance Prove it!

@shanepicker@matthewrcohn@jerallaire@binance证明！

RT: Reggie Middleton and Decentralized Finance, from 2014 till Now, In Just ... https://youtu.be/gtKfEreDZIo via @YouTube

转发：Reggie Middleton和分散化金融，从2014年到现在，在刚刚。。。https://youtu.be/gtKfEreDZIo通过YouTube

@shanepicker @matthewrcohn @jerallaire You're making untrue statements again. Repos are short term sale/repurchase agreements. This has NOTHING to do with treasuries except for the fact they are often the collateral used, thus when corporates repo, non-sovereign credit risk is introduced. Circle reaches for yield!

@shanepicker@matthewrcohn@jerallaire你又在做不实陈述了。回购是短期销售/回购协议。这与国债无关，只是国债通常是使用的抵押品，因此当公司回购时，会引入非主权信用风险。圆圈达到屈服！

@shanepicker @matthewrcohn @jerallaire A) You are proving my point. I'm not saying level 3 was the wrong call. I'm saying level 3 is the right call, hence not AAA risk, so let's stop pretending this is about AAA, <3mth duration risk. It's not about that.
B) I can structure @binance debt that could be level 2 or 1,

@shanepicker@matthewrcohn@jerallaire A）你在证明我的观点。我并不是说3级是错误的决定。我的意思是，3级是正确的选择，因此不是AAA风险，所以让我们不要再假装这是关于AAA的，<；第3个持续时间风险。这与此无关。
B） 我可以构建2级或1级的双星债务，

@shanepicker @matthewrcohn @jerallaire I made no such implication. I made observations, and asked questions about said observations. One was answered, quasi-satisfyingly, the rest were unanswered, likely because they can't be answered to prudent satisfaction. If so, then fix the problem, don't pretend it doesn't exist

@shanepicker@matthewrcohn@jerallaire I没有这样的暗示。我发表了意见，并就上述意见提出了问题。一个得到了半满意的回答，其余的没有得到回答，很可能是因为他们无法得到审慎的满意回答。如果是这样，那么解决问题，不要假装它不存在

@shanepicker @matthewrcohn @jerallaire @circlepay @FDICgov Unlikely? Currently experiencing a "crypto run-on-the-bank" right now.! Hence, the increasingly greater withdrawal requests. Bank runs are fueled by uncertainty, which is psychological. Most customers don't have wherewithal to calculate fundamental/macro risks. Mr. MBA missed it!

@shanepicker@matthewrcohn@jerallaire@circlepay@FDICgov不太可能？目前正在经历一场“银行加密挤兑”。！因此，提款请求越来越多。银行挤兑是由心理上的不确定性造成的。大多数客户没有计算基本面/宏观风险的必要资金。MBA先生错过了！

@shanepicker @matthewrcohn @jerallaire Agenda or not, what you were saying was wrong. You're conversing w/ a proven expert in calling financial entity collapse. Go ahead, look me up. LEH, BSC, GGP, WaMu, Countrywide, EU debt collapse & patented DeFi. I know my stuff & pro crypto, that doesn't mean ignore fundamentals

@shanepicker@matthewrcohn@jerallaire Agenda与否，你说的是错的。你正在与一位公认的金融实体崩溃专家交谈。去吧，来找我。LEH、BSC、GGP、WaMu、Countrywide、欧盟债务崩溃；专利定义。我知道我的东西&；支持加密，这并不意味着忽视基本原理

@shanepicker @matthewrcohn @jerallaire @circlepay At least we're making some progress here. Now, if you could just admit that the operating/credit risk of the entity that mints/burns/redeems the tokens is a materially greater risk than the credit quality of the portfolio, then we're arrived. You have to ask the right questions

@shanepicker@matthewrcohn@jerallaire@circlepay至少我们在这方面取得了一些进展。现在，如果你可以承认，造币/烧钱/赎回代币的实体的运营/信用风险比投资组合的信用质量要大得多，那么我们就到了。你必须提出正确的问题

@coinbase backed @VauldOfficial suspended customer withdrawals due to financial woes exacerbated by @Terra_Form_Labs, @CelsiusNetwork & @3arrowscap. A long-winded way of saying #contagion. I'll try to get out Coinbase analysis out by tomorrow. Should be highly educational to most https://t.co/T3IjY1xmZK

@coinbase支持的@VauldOfficial暂停客户提款，因为@Terra\u Form\u Labs、@CelsiusNetwork&；加剧了财务困境@3箭头帽。一种冗长的说法#传染。我会尽量在明天之前完成Coinbase分析。对大多数人来说应该是高度教育https://t.co/T3IjY1xmZK

RT: “The owner of an idea is not he who imagines it, but he who executes it"
US11196566B2 JP6813477B2
Well done @ReggieMiddleton!
@dao_veri @maxkeiser @RaoulGMI @GoldmanSachs @jpmorgan @WellsFargo @BankofAmerica @coinbase @cz_binance @binance @ethereum #bitcoin

RT：“一个想法的拥有者不是想象它的人，而是执行它的人。”
US11196566B2 JP6813477B2
干得好@ReggieMiddleton！
@dao\u veri@maxkeiser@RaoulGMI@GoldmanSachs@jpmorgan@WellsFargo@BankofAmerica@coinbase@cz\u binance@binance@ethereum#比特币

@shanepicker @matthewrcohn @jerallaire "Just look at microstrategy. "
Yes, look at them. The same scenario, obvious doubts about valuation at the time of funding. This is not about convertibles being bad. You are missing the entire point! Its about WHY convertibles are being used in the first place. Happy holidays!

@shanepicker@matthewrcohn@jerallaire“看看微观战略。”
是的，看看他们。同样的情况下，在融资时对估值有明显的怀疑。这并不是说敞篷车不好。你错过了全部要点！这是关于为什么敞篷车被放在首位。节日快乐！

@shanepicker @matthewrcohn @jerallaire @circlepay @FDICgov I can structure a solution that alleviates this risk using #DeFi tech we patented via partially signed transactions (US11196566 patent), we can transparently & reliably create a fallback entity with a superior risk profile to handle $USDC admin given @circlepay failure. #Solution

@shanepicker@matthewrcohn@jerallaire@circlepay@FDICgov我可以使用我们通过部分签署的交易获得专利的#DeFi-tech（US11196566专利），构建一个解决方案来缓解这种风险，我们可以透明地；可靠地创建一个具有卓越风险状况的后备实体，以处理在circlepay失败时的$USDC管理#解决方案

@shanepicker @matthewrcohn @jerallaire And in closing, I'm not saying "a convertible bond is worse for they stressed financial company than a preferred". I'm saying they couldn't sell straight preferred because there's obvious serious doubts about valuation at the time of funding.
Look at the 100% jump in liabilities!

@shanepicker@matthewrcohn@jerallaire最后，我并不是说“对他们来说，可转换债券比优先股更糟糕”。我是说他们不能直接出售优先股，因为在融资时对估值有明显的严重怀疑。
看看负债的百分之百增长！